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    None Luray, VA 22835

    For Sale
    $8,500,000

    Development - LURAY, VA

    Type:Single Family Residence
    Lot size:
    348.00 Acres
    Days on Market:
    316
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for None

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R Residential
    Lot size
    348.00 Acres

    Building Details

    Architectural style
    Other

    Frank Hardy Sotheby's International Realty (434) 296-0134 [email protected]

    Listing agent RONDA PEARL (434) 296-0134 License #0225219194

    Listing date Feb 2, 2025

    MLS# 660498 Listing URL

    Copyright © 2025 Charlottesville Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    348 Acres in Blue Ridge Foothills

    This is an extraordinary opportunity to own a stunning 348-acre property in the Blue Ridge Mountain foothills of historic Luray, Virginia. The property includes the Caverns Country Club, an operating 18-hole par-72 golf course with a 3900 sqft clubhouse, and surrounding Oh Shenandoah homesites. The parkland-type setting features gently rolling fairways and vistas of the nearby mountain ranges. Infrastructure includes a comprehensive irrigation system and maintenance barn. The property has over 1.25 miles of frontage on the Shenandoah River. Oh, Shenandoah offers a residential development opportunity with over 100 county-approved lots. Current R Residential zoning will accommodate single-family, multi-family, and age-restricted housing, camps and campgrounds, and outdoor recreation. The land would also lend itself to various future uses and redevelopment, such as a resort or lodging operation. The property is located 90 minutes from Washington, DC, and less than 15 miles from I-81, providing excellent access to travel corridors, area attractions, and national parks. Nearby conveniences include grocery stores, pharmacies, restaurants, and a public-use general aviation airport.
    Location Intelligence

    Current Use by Public Records

    Golf courses & driving ...

    Map

    City
    Luray
    County
    Page
    State
    Virginia
    Longitude
    -78.431
    Latitude
    38.6496

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    FAQs

    What type of property is this?
    Golf course & driving range - 348 acres in Luray, VA with golf course and development potential.
    Where is this golf course & driving range located?
    The property is located at None Luray, VA.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: - 348-acre property featuring an impressive 1.25 miles of Shenandoah River frontage.; - Includes an operating 18-hole par-72 golf course (Caverns Country Club) with a 3900 sqft clubhouse.; - Residential development opportunity with 100+ county-approved lots (Oh, Shenandoah homesites).
    (434) 296-0134
    Request Owner's contact information
    None Luray, VA 22835
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    Luray, VA 22835
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    None Luray, VA 22835
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