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$ 8,500,000
Est. payment | /mo
348 Acres Lot
$ 8,500,000
Est. payment | /mo
348 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Development
Listing Status Active
Purchase Type For Sale
MLS Listing ID 660498
Annual Tax Amount $8,253
Tax Year 2022
Lot Size 348.000 Acres
Acres 348.0
Property Sub-Type Development
Property Description
Extraordinary chance to own one of Shenandoah Valley's most stunning properties. 348 acres in the Blue Ridge Mtn foothills in historic Luray, VA, including the Caverns Country Club & surrounding Oh Shenandoah homesites. With over 1.25 miles of frontage on the Shenandoah River, enjoyment & opportunities abound. Caverns Country Club is an operating 18-hole par-72 golf course & 3900 sqft clubhouse. The parkland-type setting has gently-rolling fairways and incredible vistas of the nearby mountain ranges. Infrastructure includes a comprehensive irrigation system and maintenance barn. Oh, Shenandoah offers a residential development opportunity w/ 100+ county-approved lots. Current zoning will accommodate single-family, multi-family, and age-restricted housing; camps & campgrounds; outdoor recreation; and more. The land would also lend itself to various future uses & redevelopment. Re-imagined, it and would be an excellent site for a resort or lodging operation. 90 mins from Washington, DC; less than 15 miles from I-81. This property has excellent access to travel corridors, area attractions, and national parks. Nearby conveniences include grocery, pharmacy, restaurants, a public use general aviation airport, and more just minutes away.
Location
State VA
County Page
Area Page
Zoning R Residential
Building
Sewer Septic Tank
Water Individual Well
Schools
Elementary Schools Luray
Middle Schools Luray
High Schools Luray
Listed by FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY