Listing Agency: PEARSON SMITH REALTY, LLC

Listed By: LUCAS PRELETZ

Source: Corcoran

Added: May 6, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

This is a two-property parcel. The main house, constructed in 1920, is in rough shape but shows promise due to its older-style construction. The unit in the back is dilapidated, but initial conversations with the county suggest that rebuilding on the existing footprint may be possible, pending due diligence by interested parties. A completed survey reflects 3.08 acres. Lending executions will likely require cash or a rehab loan, potentially refinanced into a conventional 30-year product. According to AirDNA projections, the property could generate a short-term rental revenue of $29,600 with a 38% occupancy rate and an average daily rate of $211, with a medium confidence score. Located within a 10-minute drive of attractions such as Great Country Farms, Bluemont Vineyard, and Bear Chase brewery, the property is positioned as a getaway spot. It is also suitable for someone willing to rebuild or rehabilitate the property. The property is priced to sell, with a completed survey and no other obstacles to closing.

Key Highlights

• Short‑term rental potential with projected revenue of $29.6k annually (per AirDNA).
• Located within a 10‑minute drive of popular attractions.
• Opportunity to rebuild on the existing footprint of the dilapidated back unit (subject to county approval).

Property Analytics

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Current Use

Single family properties

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 20135, VA

2,935

Population

1,434

Households

2

Avg Household Size

49

Median Age

43%

College-Educated

97%

High-School Grad

38.6 sq mi

ZIP Area

76

Density / Sq Mi

$110,800

Median Household Income

$62,243

Median Earnings

$1,513

Median Rent

$546,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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What type of property is this? Where is this single family properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Single family property - Two properties on 3.08 acres, rebuild or rehab opportunity.

Where is this single family property located?

The property is located at 20991 Greengarden Rd Bluemont, VA.

What is the asking price?

The asking price for this property is $249,999.

What are key features of this property?

This property features: Short‑term rental potential with projected revenue of $29.6k annually (per AirDNA).; Located within a 10‑minute drive of popular attractions.; Opportunity to rebuild on the existing footprint of the dilapidated back unit (subject to county approval).