348 Acres of Land for Sale in Luray, Virginia

$8,500,000
348.00 acres
active saleListed ago

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.

Directions

From the town of Luray, take Lee Hwy (Rt 340) west. Right onto Airport Rd (Rt 652). Left onto Homestead Dr (Rt 647). Right into the Caverns Country Club (T.C. Northcott Blvd).

Property details

Property taxes

Year not provided
$8,253

Detailed attributes

Listing

Type
Lots And Land
Subtype
Single Family Detached

Nearby schools

NameLevelDistrictDescription
LurayElementary
LurayMiddle
LurayHigh

Listing history

DateEventPriceChangeSource
Jan 17, 2022New listing$8,500,000CAARMLS
Subscribe to listing updates

Payment calculator

This 348.00-acre property is located in Luray, VA 22835. The property is currently available for sale at a price of $8,500,000. Listing data sourced from Charlottesville Area Association of Realtors # 625672.

Verify sale details at the property source or contact Frank Hardy Sotheby's International Realty at (434) 296-0134.

Report listing issue

Copyright (C) 2023 Charlottesville Area Association of REALTORS (R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

Contact listing agent Message rules
By submitting, you agree to the terms of use, privacy policy, and to receive communications.