For Sale
$1,100,000

870 Shipyard RdShenandoah, VA 22849

Two pristine Airbnbs, stunning river views

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two fully renovated, Class A Airbnbs situated on a 3.71-acre riverfront lot in Shenandoah, VA (zip code 22849, address 870 Shipyard Rd). Boasting a combined 3,432 square feet, the property includes six bedrooms across two units, each featuring welcoming interiors and spacious outdoor areas complete with hot tubs. Located along the scenic South Fork of the Shenandoah River, this property offers direct water access, perfect for fishing and kayaking. Breathtaking views and proximity to hiking trails, national parks, and local attractions ensure consistent bookings and a proven track record of short-term rental success. The property includes five tax map parcels and presents further income potential through the completion of an unfinished cottage and garage. This turnkey operation is ideal for expanding an investment portfolio or establishing a distinctive retreat experience. The asking price is $1,100,000 and is eligible for a 1031 exchange.

Highlights

  • Two fully renovated Class A Airbnbs totaling 3,432 square feet on a 3.71-acre riverfront lot.
  • Six bedrooms across two units with hot tubs and spacious outdoor areas.
  • Direct river access on the South Fork of the Shenandoah River in Shenandoah, VA (22849), 870 Shipyard Rd.
  • Proven short-term rental success with breathtaking views and proximity to recreation.
  • Five tax parcels included; potential for additional income from unfinished cottage and garage.
  • $1,100,000 asking price; 1031 exchange eligible.

Property Details for 870 Shipyard Rd

Property type
Specialty properties, Retail properties
Square Feet
3,432 SF
Class
A
Lot Size (sq. ft)
161,608 SF
Units
2

Location Insight

City
Shenandoah
County
Page
State
Virginia
Latitude
38.505317
Longitude
-78.634345
870 Shipyard Rd, Shenandoah, Virginia

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870 Shipyard Rd
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