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Listed by Lauren Reed • Funkhouser Real Estate Group

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Under Contract

138 E MAIN ST Luray, VA 22835

3 Beds

4 Baths

3,633 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,633 sqft

Price per Sqft $184

Subdivision Town Of Luray

MLS Listing ID VAPA2006240

Style Victorian

Bedrooms 3

Full Baths 3

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 3,633

Year Built 1885

Annual Tax Amount $4,260

Tax Year 2025

Lot Size 0.475 Acres

Acres 0.48

Property Sub-Type Detached

Source BRIGHT

Property Description

Exceptional investment opportunity to own a fully operational luxury boutique inn located in the heart of downtown Luray, Virginia, in the Shenandoah Valley. Zoned B-1 and seller financing available! Known as the Inn at Shenandoah, this beautifully restored Victorian showcases timeless elegance and a distinctive European-inspired ambiance, blending historic character with modern comfort. This is a true turn-key offering — conveying fully furnished and equipped, allowing a new owner to step in and operate from day one. Currently operating as a successful bed & breakfast / inn with strong guest reviews and repeat clientele, the property offers immediate income potential and an established presence in a thriving tourism market. Architectural highlights include antique glass windows, crystal chandeliers, and refined sitting and dining spaces that create a memorable guest experience. The inn features three well-appointed private guest suites, each designed for comfort and privacy with upscale furnishings, jetted tubs for two, and private balconies. Situated on Main Street in downtown Luray, the property offers easy access to shops, restaurants, and attractions, and is just minutes from Luray Caverns, Shenandoah National Park, the Shenandoah River, wineries, and hiking trails. The location continues to draw guests for weekend getaways, weddings, and special events. Additional improvements include a detached garage/shop building, ideal for storage, maintenance, or potential expansion uses, along with ample on-site (off street) parking — a rare and valuable amenity in the downtown area. Whether expanding a hospitality portfolio or pursuing a lifestyle investment, this is a rare opportunity to acquire a highly desirable, income-producing property in one of Virginia's premier destinations — ready to operate the day you close.

Location

State VA

County Page

Zoning B-1

Rooms

Basement Connecting Stairway, Outside Entrance, Interior Access, Poured Concrete, Unfinished

Interior

Interior Features Attic, Bar, Bathroom - Jetted Tub, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Built-Ins, Butlers Pantry, Chair Railings, Combination Dining/Living, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Gourmet, Primary Bath(s), Stain/Lead Glass, Window Treatments, Wood Floors

Hot Water Electric

Heating Central, Heat Pump - Electric BackUp

Cooling Window Unit(s), Central A/C, Ductless/Mini-Split, Heat Pump(s), Ceiling Fan(s)

Flooring Wood, Ceramic Tile

Fireplaces Number 2

Fireplaces Type Electric, Mantel(s)

Inclusions All appliances, furnishings, and contents of house except for personal items of seller and woodstove

Equipment Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Six Burner Stove, Stove, Washer, Water Heater

Furnishings Yes

Fireplace Y

Appliance Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven - Single, Six Burner Stove, Stove, Washer, Water Heater

Heat Source Propane - Owned

Laundry Washer In Unit, Dryer In Unit, Main Floor

Exterior

Exterior Feature Deck(s), Porch(es), Balconies- Multiple

Parking Features Additional Storage Area, Covered Parking, Oversized

Garage Spaces 10.0

Fence Fully

Utilities Available Electric Available

Water Access N

View Mountain

Roof Type Metal

Street Surface Paved

Accessibility 2+ Access Exits, Level Entry - Main

Porch Deck(s), Porch(es), Balconies- Multiple

Road Frontage City/County

Total Parking Spaces 10

Garage Y

Building

Lot Description Cleared, Landscaping, Level

Story 2

Foundation Block, Brick/Mortar, Stone

Above Ground Finished SqFt 3633

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Luray

Middle Schools Luray

High Schools Luray

School District Page County Public Schools

Others

Senior Community No

Tax ID 42A11-A-137A

Ownership Fee Simple

SqFt Source 3633

Security Features Exterior Cameras,Security Gate

Acceptable Financing Cash, Conventional, Seller Financing

Listing Terms Cash, Conventional, Seller Financing

Financing Cash,Conventional,Seller Financing

Special Listing Condition Standard

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138 E MAIN ST Luray, VA 22835

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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138 E MAIN ST