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    281 Misty Ln Berkeley Springs, WV 25411

    For Sale
    $315,000

    Multifamily property with potential for single-family conversion and beautiful views.

    Lot size:
    5.25 Acres

    Property Features for 281 Misty Ln

    General Information

    Lot size
    5.25 Acres

    Building Details

    Year built
    1976

    Source: Mountain Home Real Estate, LLC Agent Corey Scott Spring

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Large Multifamily Property With Views

    This large multifamily property presents possibilities for various uses, including conversion into a single-family home. The property features views from the top level. A paved driveway leads to the building, which spans five levels. The property is serviced by a private well and septic system. While the property requires rehabilitation, it offers the potential to become a unique residence. The previous use of the property involved renting rooms, some of which included kitchenettes. There was also a large room with a kitchen. The numbers of bedrooms and bathrooms are approximate based on the current layout. Two large garage doors provide access to the lower levels. The property is situated in a quiet and peaceful location with woods and a picnic area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Electronics Store Computer & Electronic Repair Tech Support Center Nursing Home Assisted Living Facility Senior Center Adult Day Care Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley Springs
    County
    Morgan
    State
    West Virginia
    Longitude
    -78.223661
    Latitude
    39.574212

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with potential for single-family conversion and beautiful views.
    Where is this multifamily property located?
    The property is located at 281 Misty Ln Berkeley Springs, WV.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Large multifamily property with potential to convert to a single-family home.; - Five levels of building offering ample space and layout flexibility.; - Beautiful views from the top of the property.
    (304) 886-7403
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    281 Misty Ln Berkeley Springs, WV 25411
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    Berkeley Springs, WV 25411
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    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
    281 Misty Ln Berkeley Springs, WV 25411
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