202 Lake Arrowhead Rd, Luray, VA 22835 | For Sale

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For Sale $675,000 ($562.50 per Sq Ft)

$675,000 ($562.50 per Sq Ft)
  • (0)
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,200 Sq Ft
  • 239,580 Sq Ft

Description

Fully furnished and operating STR, ready day one. Successful vacation rental across from Lake Arrowhead with Build-Ready Expansion Lot. Proven short-term rental, featuring a fully renovated 3-bedroom home on 3.5 private acres, plus an additional 2-acre parcel with 6-bedroom septic approval and active well—ready for immediate development.

This 3-bedroom home situated on over 3 private acres just steps from Lake Arrowhead. This proven short-term rental performer offers an ideal combination of prime location, privacy, and guest-friendly amenities in one of the Shenandoah Valley’s most desirable vacation markets. The property’s close proximity to the lake—just a short walk—makes it especially attractive to guests seeking easy access to fishing, kayaking, and outdoor recreation. The home features a modernized interior with updated finishes, a functional layout for groups, and a private back porch that enhances the guest experience. This house is set on an expansive 3.5 acres of serene beauty. With an open sunlit backyard with beautiful shaded sunlight. The perfect place to relax in a hammock or read a book by the babbling brook as the stream runs right on the side of the property. This property delivers a secluded “mountain retreat” but still is conveniently located near downtown Luray and major attractions, including Shenandoah National Park and Luray Caverns—key drivers of year-round tourism demand. With strong appeal to families and outdoor enthusiasts, this property is well-positioned for continued short-term rental success. Ideal for investors seeking a low-maintenance, high-demand vacation rental or a personal getaway with income potential. This property also includes acreage directly across the street, which is even closer to the lake for future opportunity to grow your investment portfolio and increase your return of income. This additional acreage is 2 acres, for a total 5.5 acres. Not only is the additional lot of 2 acres included in this sale, but it also already has a 6 bedroom septic permit on file with the county and an active well. READY to BUILD! All you have to do is bring your vision!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $675,000
Property Type Single Family Homes
Usable Sqft 1,200
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1973
Last Sold Unknown
Sold Price Unknown
APN # 54A46A
MLS # VAPA2006298
Property ID 318696303
Lot Sqft 239,580
Zoning W-C
Days on Market 79
Original List Price Unknown
Applicances Refrigerator,Microwave,Dishwasher,Oven/Range - Electric,Stainless Steel Appliances,Disposal,Water Heater%
Date Updated May 26, 2026
Date Created April 22, 2026

Listing Provided By

Erin M Kavanagh an agent of EXP Realty, LLC. Lic #0225065675


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Data last updated: July 10, 2026.
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