• 89 days on site
  • 2 views

Exceptional investment opportunity to own a fully operational luxury boutique inn located in the heart of downtown Luray, Virginia, in the Shenandoah Valley. Zoned B-1 and seller financing available! Known as the Inn at Shenandoah, this beautifully restored Victorian showcases timeless elegance and a distinctive European-inspired ambiance, blending historic character with modern comfort. This is a true turn-key offering — conveying fully furnished and equipped, allowing a new owner to step in and operate from day one. Currently operating as a successful bed & breakfast / inn with strong guest reviews and repeat clientele, the property offers immediate income potential and an established presence in a thriving tourism market. Architectural highlights include antique glass windows, crystal chandeliers, and refined sitting and dining spaces that create a memorable guest experience. The inn features three well-appointed private guest suites, each designed for comfort and privacy with upscale furnishings, jetted tubs for two, and private balconies. Situated on Main Street in downtown Luray, the property offers easy access to shops, restaurants, and attractions, and is just minutes from Luray Caverns, Shenandoah National Park, the Shenandoah River, wineries, and hiking trails. The location continues to draw guests for weekend getaways, weddings, and special events. Additional improvements include a detached garage/shop building, ideal for storage, maintenance, or potential expansion uses, along with ample on-site (off street) parking — a rare and valuable amenity in the downtown area. Whether expanding a hospitality portfolio or pursuing a lifestyle investment, this is a rare opportunity to acquire a highly desirable, income-producing property in one of Virginia's premier destinations — ready to operate the day you close.

Source: BRIGHT MLS, MLS#: VAPA2006240

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  • Property Type
    Residential
  • Lot
    0.48 acres

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Tami Imrich

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  • Median Age
    46
  • Population Density
    79
  • College Educated
    22%
  • Estimated Median Income
    $52,320
  • Estimated Total Home Owners
    3,393
  • Estimated Total Renters
    1,481
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    2
  • Total Population
    12,077
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 138 E MAIN STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/20/2026Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
4/1/2026Source: BRIGHT MLS Added to Database
April 01, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
Listing provided courtesy of Funkhouser Real Estate Group- MLS# VAPA2006240MLS ProviderContact Information: [email protected] - 5407434545

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