NOT LISTED FOR SALE

267 Elgin Dr Luray, VA 22835

17 Acres
-- Price per Acre
732,244 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $1,600,000

107 Days on Market

About This Lot

As of October 2023

Idyllic Wedding/Event/Vineyard venue in the heart of Shenandoah Valley Incredible opportunity to own a profitable, turn-key Wedding and Event venue, beautifully situated in the heart of the rolling Shenandoah Valley, including a 3750 sq. ft. modern Post and Beam style event barn built in 2015, 16.81 acres of elevated land, including a 3 acre vineyard, overlooking the nearby quaint, historic town of Luray, Virginia, and offering unparalleled 360 degree views of the surrounding Blue Ridge and Massanutten Mountains. Currently focused as a wedding venue, the sale includes all the equipment necessary for hosting up to 200 guests, including parking, a catering kitchen, banquet tables, cocktail tables, 200 chairs, table linens, etc. – All you need to create dream weddings. Over 40 weddings are already booked for 2023! Beyond the wedding business, this unique property offers tremendous potential for expansion. Where will you take it? A winery, a brewery, Airbnb…? Let your imagination run wild! Schedule an appointment today to come see this gem of a property.

Last Listed By

BRYAN ORR

VIRGINIA ESTATES License #0225243959 Listed on: 03/02/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,883

Lot Details

  • 16.81 Acre Lot
  • Fenced
  • Property is zoned A-1 Agricultural

Schools

  • Luray Elementary School
  • Page Middle School
  • Page High School

Utilities

  • Well
  • Septic Tank

Community Details

  • Springfield Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,883

Lot Details

0

Listing Details

  • Class: LAND
  • Assessment: 662100
  • L V T Date: 03/02/2023
  • Price Per Sq Ft: 95181.44
  • Zoning: A-1 Agricultural
  • Best Use: Investment
  • Subdivision: SPRINGFIELD ESTATES
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 16.81
  • Fenced: Yes

Utilities

  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Luray
  • Middle School: Page
  • High School: Page

Tax Info

  • Year: 2021
  • Taxes: 4883

MLS Schools

  • HighSchool: Page
  • Middle School: Page
  • Elementary School: Luray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2014
Total Days on Market
107

Purchase Details

Closed on
Feb 17, 2009

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- -- --
-- $162,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $1,600,000 -5.9% --
06/17/2023 06/17/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,700,000 0.0% --
05/17/2023 05/17/23 Price Changed $1,700,000 +6.3% --
03/22/2023 03/22/23 Off Market $1,600,000 -- --
03/02/2023 03/02/23 For Sale $1,500,000 -- --
Source: Charlottesville area Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19 $87,600 $87,600 $0
2023 $19 $87,600 $87,600 $0
2022 $19 $87,600 $87,600 $0
2021 $19 $87,600 $87,600 $0
2020 $19 $87,600 $87,600 $0
2019 $19 $87,600 $87,600 $0
2018 $18 $2,600 $2,600 $0
2017 $17 $2,600 $2,600 $0
2016 $17 $2,600 $2,600 $0
2015 $17 $2,600 $2,600 $0
2014 $16 $5,000 $5,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 639031

Charlottesville area Association of Realtors®

APN: 33-3-3