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About This Home

This 3-bedroom, 2-bathroom single family at 202 LAKE ARROWHEAD Road in Luray, VA is listed for $675,000 ($563 per sqft). Built in 1973, the home offers 1,200 sqft of living space on a 5.50 acres lot.

Agent 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!

Key Features

  • Built in 1973
  • 5.50 acre lot
  • 4 parking spaces

Property Details

1 story
1 full, 1 half
4 spaces
1973

Monthly Cost Estimate

$3,610/mo

20% down · 6.5% · 30 years

Principal$488
Interest$2,925
Insurance$197

Estimates only. Actual payments may vary.

Location

202 LAKE ARROWHEAD Road

Luray, VA 22835

NONE AVAILABLE

Features & Amenities

Interior Features

Recessed LightingKitchen - IslandUpgraded CountertopsFloor Plan - TraditionalFloor Plan - Open

Property Details

Construction

Vinyl Siding

Parking

DrivewayOff Street

Heating

Heat Pump (Heating)

Appliances

RefrigeratorMicrowaveDishwasherOven/Range - ElectricStainless Steel AppliancesDisposalWaterHeater

Questions & Answers

This 3-bedroom, 2-bathroom single family at 202 LAKE ARROWHEAD Road is listed at $675,000 ($563/sqft). The estimated monthly payment is $2,925 based on 20% down at 6.5% interest.

Key features include: Built in 1973, 5.50 acre lot, 4 parking spaces. Interior Features: Recessed Lighting, Kitchen - Island, Upgraded Countertops.

This property is listed by Erin M Kavanagh and can be reached at 7034318310 or erin@thecazagroup.com.

EK

Erin M Kavanagh

Agent at EXP Realty, LLC

(703) 431-8310

Listed by EXP Realty, LLC · View on Broker Site

MLS# VAPA2006298· Source: listhub· Updated 39 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

202 LAKE ARROWHEAD Road, Luray, VA 22835

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