8512 Us Highway 211 W, Luray, VA 22835

Property Description

Discover an exceptional investment opportunity with this expansive 17-acre lot, perfectly positioned to capitalize on the breathtaking mountain views and serene natural surroundings. This property, built in 1947, boasts a unique blend of mixed construction materials, offering a solid foundation for future development or enhancement. The legendary Dan's Steakhouse called this property home, making it the perfect opportunity to maximize any future food endeavor. Imagine the potential returns as you develop this prime piece of property, which features a variety of appealing attributes, including 3 residential properties. The lot is adorned with open spaces and wooded areas, providing a tranquil atmosphere while ensuring privacy. This property would make the perfect retreat, wedding destination, event center, or even hunt camp (borders US property). It could host literally anything with the restaurant and 3 properties to house guests. This would be the ultimate airbnb. With ample road frontage and access to public land, this property is not only accessible but also strategically located for future growth. The diverse lot features, including side yards, a rear yard, and additional adjoining lots, present numerous possibilities for expansion, making it an attractive option for savvy investors. The mountainous backdrop enhances the aesthetic appeal, creating a desirable setting for potential residential or commercial projects. Parking is a breeze with both driveway and lighted paved parking options available, ensuring convenience for future visitors or tenants. The property's unique characteristics and prime location make it a rare find in today's market, promising significant appreciation potential. Seize this opportunity to invest in a property that offers both immediate enjoyment and long-term financial benefits. The combination of natural beauty, strategic location, and development potential makes this lot a must-see for any serious investor looking to make a mark in the real estate landscape. Property includes the restaurant, a 2 bed 1 bath home, a 1 bed 1 bath home, and a 4 bed 2 bath home. All joining land owned by the United States, making this also a hunter's dream.