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Historic Hotel Resort with Grand Ballroom
For Sale
$2,200,000

158 Academy Lane, Pence Springs, WV 24962

LAND - Pence Springs, WV

Property Size44,000 SF
Lot Size140.00 Acres
Price / SF$50
Days on Market540

Property Features for 158 Academy Lane

General Information

Property type Land
Property subtype Other
Zoning description Mixed Use
Parking features Driveway
Patio and Porch features Porch, Patio, Deck
View Park
High school district SUMMERS COUNTY SCHOOLS
Directions From Alderson: 7.2 Miles +/- (about 10 minutes) From the Big Wheel Restaurant in Alderson, travel Route 3 West for 7.2 miles; the property driveway is on the right. From Interstate 64, take exit 161 onto Route 12 South for 11 miles into Alderson. Continue on Route 12 & Rt. 3 for 7.2 miles after leaving Alderson.
Standard status Active
Lot size 140.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 14311

Utilities

Water source Public

Building Details

Additional Structures Workshop
Listing Agency: Foxfire Realty
Listed By: Randy Burdette · License #WV00003860
Added: Feb 27, 2025 Changed: Aug 3 Last Checked: Aug 21 at 2:06AM
MLS# 11440704

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Pence Springs Resort Hotel, most recently known as the Greenbrier Academy, is a historic hospitality property at 158 Academy Lane in Pence Springs, West Virginia. The offering is situated on 140 acres+/-, with 44,000 SF of finished buildings and a 25,000 SF three-story hotel. The property has been used for education, lodging, and headquarters, and the entry level includes remodeled conference and meeting spaces, offices, and 20 rooms with shared restrooms, while the third floor matches the first and second floor footprint. A full basement with walkouts provides additional usable space.

Recent improvements include many renovations in 2025, such as new solid oak hardwood flooring, ceilings, and paint in the Grand Ballroom, the Grand Lobby, and other entry-level areas. Key amenities and support spaces include a huge commercial kitchen, a Grand Ballroom/dining room, numerous offices with solid cherry hardwood floors, a 7400 SF fitness center and gymnasium, and a 6000 SF two-story arts and educational building with a covered porch. Additional outdoor and recreation features include covered porches and decks, miles of roads and trails, a mountain pond, and a horse stable and covered riding center.

The complex is listed on the National Registry of Historic Places and includes public water and public sewer. The property is also described as a 60-room hotel/academy, with additional facilities including 13 mountain yurts and an on-site horse stable with electric and private well.

Key Highlights

  • 140 acres+/- with miles of roads and trails and a mountain pond
  • 25,000 SF three‑story hotel with 44,000 SF of finished buildings
  • 60‑room hotel/academy configuration plus shared‑restroom room layout on the entry level

Property Analytics

Current Use

Hotels

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 24962, WV

104
Population
61
Households
1.7
Avg Household Size
64
Median Age
50%
High-School Grad
2.9 sq mi
ZIP Area
36
Density / Sq Mi
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Historic three-story hotel resort with public water and sewer and extensive 2025 interior renovations.
Where is this hotel located?
The property is located at 158 Academy Lane Pence Springs, WV.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 140 acres+/- with miles of roads and trails and a mountain pond; 25,000 SF three‑story hotel with 44,000 SF of finished buildings; 60‑room hotel/academy configuration plus shared‑restroom room layout on the entry level
More about this property
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