505 Mechanic Street Luray, VA ^$ 585,000

505 Mechanic Street

^$ 585,000

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505 Mechanic Street

Luray, VA, 22835

^$ 585,000

Bedrooms4 Baths2.0 Sq 1,524

Monthly Estimate*

^$ 3,650

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Single Family Home for sale in Luray, VA

for $585,000 with 4 bedrooms and 2 full baths. This 1,524 square foot home was built in 1913 on a lot size of 5.

Rare Investment Opportunity in Luray, VA Active Short-Term Rental on 5 Acres (Lots 42A3-A-69B and 42A3-A-69) Dont miss this incredible chance to own a profitable short-term rental property in the heart of Luray, VA! This 5-bedroom, 2-bath home has been fully renovated in 2025 and is situated on a spacious 5-acre lot within town limits. Since launching as a vacation rental in April of this year, the property has already generated over $20,000 in rental income, with more bookings and growth anticipated. Guests love the homes charm, comfort, and locationsee glowing reviews on Airbnb. Highlights include: Major 2025 renovations throughout Five bedrooms and two full bathrooms spacious layout for groups Active Airbnb income stream with proven results R-3 zoning with ample opportunity for expansion, including the adjoining lot Perfect setting for an investment property, hobby farm, or a retreat This is a rare finda profitable short-term rental with expansion potential right in the Town of Luray. Whether youre looking to grow your portfolio, start a small farmette, or own a turn-key investment property near Shenandoah National Park, this one wont last long. Schedule your showing today before its gone!

Single Family Active

Price

^$ 585,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,652

Style

Farmhouse/National Folk

Lot Size

Year Built

1913

Town/City

Luray

County/Region

Page

MLS | Web ID

VAPA2005422

Features

General

Living Area 1524

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C

Possession Settlement

Roof Metal

Zoning R-3

Architectural Style Farmhouse/National Folk

Construction Materials Vinyl Siding

School District PAGE COUNTY PUBLIC SCHOOLS

Year Built 1913

Levels 2

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Accessibility None

County PAGE

New Construction N

Property Type Residential

HOA N

Subdivision Name NONE AVAILABLE

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Full Baths 2

Status ACTIVE

Directions Off of Main Street turn onto Mechanic Street house is on the left side.

City LURAY

Senior Community Y/N N

Lot Size Units Square Feet

Lot Size Square Feet 217800.00

Tax Annual Amount 1652.0

Structure Type Detached

Condo/Coop Association fee Y/N N

Bathrooms Full Main Level 1

Bathrooms Count Main Level 1.00

Price Per Sq Ft Total AG 383.86

Vacation Rental Y/N Y

Standard Status Active

Year Built Source Assessor

Tax Lot 69B

Total Actual Rent 20323.25

Interior

Heating Fuel Electric

Hot Water Electric

Basement (Y/N) N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1524

Central Air Y/N Y

Total Bedrooms 4

Below Grade Finished Area 0

Main Level Bedrooms 1

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Above Grade Finished Area Unit Type Square Feet

Total Baths 2

Exterior

Pool No Pool

Water Source Public

Inclusions All furnishings included

Type of Parking Driveway

Foundation Details Block

Water View Y/N N

Lot Size Acres 5.00

Lot Size Source Estimated

Waterfront Y/N N

Land Assessed Value 20600.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 505

* Excluded Features

List By

Funkhouser Real Estate Group

Broker

nina@funkhousergroup.com

Affordability Calculator

$3,787

Per Month

Monthly Principal & Interest: $3,650
Monthly Property Taxes: $138
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Luray, VA

Average List Price ^$510,321

Percent of Sale Price 13%

About Luray, VA

4,855 Population

1% Since 2002

^$44,117 Median Income

45.11 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3534015 Elementary School

3535497 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/1/2025	$585,000		Listed Price

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505 Mechanic Street, Luray, VA, 22835 is a Single Family Home for sale at $585,000 with 1,524 sqft and a lot size of 5. 505 Mechanic Street has 4 bedrooms, 2.0 baths, and was built in 1913. The property's zip code is 22835 which is in Luray, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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505 Mechanic Street

Single Family Home for sale in Luray, VA

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