MLS# VAPA2005422 – 505 Mechanic St, Luray, VA 22835

Price: $585,000
Beds: 4
Baths: 2
Living Area SqFt: 1,524
Status: Active
Property Type: Detached
Lot Size Acres: 5
Lot Size SqFt: 217,800
Year Built: 1913
Neighborhood: None
Days on Website: 0

Courtesy of Funkhouser Real Estate Group

Property Description

Rare Investment Opportunity in Luray, VA – Active Short-Term Rental on 5 Acres (Lots 42A3-A-69B and 42A3-A-69) Don’t miss this incredible chance to own a profitable short-term rental property in the heart of Luray, VA! This 5-bedroom, 2-bath home has been fully renovated in 2025 and is situated on a spacious 5-acre lot within town limits. Since launching as a vacation rental in April of this year, the property has already generated over $20,000 in rental income, with more bookings and growth anticipated. Guests love the home’s charm, comfort, and location””see glowing reviews on Airbnb. Highlights include: Major 2025 renovations throughout Five bedrooms and two full bathrooms – spacious layout for groups Active Airbnb income stream with proven results R-3 zoning with ample opportunity for expansion, including the adjoining lot Perfect setting for an investment property, hobby farm, or family retreat This is a rare find””a profitable short-term rental with expansion potential right in the Town of Luray. Whether you’re looking to grow your portfolio, start a small farmette, or own a turn-key investment property near Shenandoah National Park, this one won’t last long. Schedule your showing today before it’s gone!

Open House

Property Details and Features

  • Bathrooms
  • 2 full bathrooms
  • 2 bathrooms total integer
  • 1 main level bathroom
  • Bedrooms
  • 4 total bedrooms
  • 1 main level bedroom
  • Building
  • 1,524 above grade finished area
  • Architectural style: Farmhouse
  • Building area total: 1,524
  • Construction materials: VinylSiding
  • Levels: Two
  • Living area: 1,524
  • 2 stories
  • Built in 1913
  • Cooling
  • CentralAir
  • Heating
  • Electric
  • HeatPump
  • Listing
  • 7 days on market
  • Lease amount: $20,323
  • ListingID: VAPA2005422
  • Standard status: Active
  • Location
  • Subdivision name: NONE
  • Lot
  • 5 acres
  • Pool
  • None
  • Possession
  • CloseOfEscrow
  • Roof
  • Metal
  • Schools
  • Middle or junior school: Other
  • Sewer
  • PublicSewer
  • Taxes
  • Tax annual amount: $1,652
  • Tax year: 2025

Property Map

$585,000 – 505 Mechanic St, Luray, VA 22835

Street View

Nearby Schools

Property Inquiry

  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.

Showing Inquiry

  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.

Similar Properties Nearby

Request a virtual showing

  • Hidden

Get more property information

  • Hidden
Skip to toolbar