1022 Valley Burg Rd, Luray, VA

$239,000

4 months on rocket

Sale Pending

1022 Valley Burg Rd, Luray, VA, 22835

$239,000

13.83 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewMountain(s), Pasture, Water, Trees/Woods
MLS #VAPA2002230
Lot Size13.83 Acres
StatusSale Pending

About 1022 Valley Burg Rd

An existing well and septic are already in place on this almost 14-acre property with public road frontage, no HOA, and outstanding elevated views of Lake Arrowhead and the Shenandoah National Park. This property offers a secluded getaway location, yet is close to all that downtown Luray has to offer. Mature trees shade a cleared, ready-to-build on homesite making this the perfect place for your cabin, short-term rental, or forever home. In addition to having a well and septic, a driveway is already in place, electricity is on site, and a new survey has been completed. Hunting is allowed and so are short-term vacation rentals. Division into two parcels may be possible under the current zoning code, which if completed may allow four separate rental units to be constructed (two primary residences and two guesthouses). Do not miss this great property in the Blue Ridge Mountains that is ready for you to build on TODAY!

Property Details

Property Features

Listing Office:

  • Office Name: Funkhouser Real Estate Group
  • Listing Agent: Lauren Reed

Exterior Features

Exterior Information:

  • View: Mountain(s), Pasture, Water, Trees/Woods

Lot Features

Lot Information:

  • Lot Size: 13.83 Acres

Other

Directions Information:

  • Directions: Continue E. on Main Street from the town of Luray. Veer right onto Reservoir Rd. for 0.5 miles, which will turn into Fairview Road for 1.7 miles. Turn right onto Brookstone Rd. and then make a quick left onto Valley Burg Rd. for one mile. The property is

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,000

Tax Information:

  • Annual Amount: $639
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Luray, VA.

Med. Sold Price

$270K

Med. Price/SqFt

$187

Avg. Days On Market

18

# of Sold Homes

11

1022 Valley Burg Rd vs Luray

142 DAYS ON ROCKET

+124 Days

$239,000

-$31K Less

KEY TAKEAWAY

This property is $31K less than the Median Sold Price in Luray, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #VAPA2002230

Listing Office:

  • Office Name: Funkhouser Real Estate Group
  • Listing Agent: Lauren Reed

IDX Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 2023 Charlottesville Area Association of Realtors®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2023, 7:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$639$87,600
2020$639$87,600
2019$639$87,600
2018$613$87,600
2017$578$87,600

History based on county public records data.

Payment Calculator

$1,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

6.375% / 6.68%

Total Monthly Payment

$783

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut
2
/10
  • Luray Elementary School

  • 555 1st St

  • 3.46 miles

  • Public District Grades PK-5

school-card-donut
7
/10
  • Springfield Elementary School

  • 158 Big Spring Ln

  • 6.19 miles

  • Public District Grades PK-5

school-card-donut
3
/10
  • Stanley Elementary School

  • 306 Aylor Grubbs Ave

  • 7.22 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,169. Residents of Luray, VA typically earn less than $35k each year. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Luray, VA

What type of housing is available in Luray, VA?

The main housing types in Luray are single detached homes and row houses. This part of Page county is primarily composed of two bedroom and three bedroom homes. Roughly 60% of the population of this town own their home while renters make up the remainder. The median year of construction for houses in this part of Page county is 1979.

Is Luray, VA a good place to live?

Luray is fairly good for those who enjoy a quiet atmosphere, as noise from the streets and other parts of the city is rarely an issue - although that is not the case closer to the railway line or the airport (Luray Caverns Airport).

Are things conveniently located in Luray, VA?

Residents may consider it challenging to get to high schools and primary schools as pedestrians. When it comes to eating, some, but not all, home buyers in this town will live within walking distance of the closest supermarket. Residents of Luray benefit from approximately 30 restaurants as well.

What does the transportation in Luray, VA look like?

The car is very often the best way to navigate Luray. Parking is generally easy, and most houses for sale are a rather short car ride from the closest highway. Walking is not very practical for home buyers in this town because very few common errands can be run on foot.

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Frequently Asked Questions About 1022 Valley Burg Rd

What is the listing price of this property?

The listing price of 1022 Valley Burg Rd property is $239,000.

What type of property is this?

The property 1022 Valley Burg Rd is land located in Luray, Virginia, 22835.

Is this property for sale now?

Sale Pending: 1022 Valley Burg Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $639 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1022 Valley Burg Rd is 13.83 acres.
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Rocket HomesVirginiaPage CountyLuray228351022 Valley Burg Rd

This home is located at 1022 Valley Burg Rd in Luray, VA and zip code 22835. This home sits on a 13.83 acre lot. It has been listed on Rocket Homes since May 08, 2023 and is currently priced at $239,000.

Luray, VA housing market in August 2023 saw over 7 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. The number of homes for sale in Luray, VA increased by 5.6% between July 2023 and August 2023. In August 2023 median list price was $270,000 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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