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    1996 Stone Coal Lk Rd Georgetown, WV 26201

    Sponsored
    For Sale
    $1,250,000

    Secluded Estate, Income Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 3-building hotel in Buchannon, West Virginia, presents a unique investment opportunity. Situated on a sprawling 18.75-acre lakefront estate, this property offers unparalleled privacy and luxury. The main building features a two-story design with heated marble floors, custom railings, and an open floor plan. Amenities include an indoor pool and an indoor atrium, providing guests with a truly unique experience. A three-car garage offers ample space for vehicles and recreational equipment. The property also includes a greenhouse, vineyard, and fruit trees, adding to its charm and potential for additional income streams. A recently completed basement provides substantial additional living space, ideally suited for conversion into an Airbnb or guest suites, generating further revenue. The secluded location, combined with the luxurious amenities and income-generating potential, makes this a truly rare and exceptional opportunity in the hospitality market. The asking price is $1,250,000. Located at 1996 Stone Coal Lake Road, Georgetown, WV 26201. This property is zoned for commercial use and offers significant potential for growth and profitability. The existing infrastructure, including the Quonset hut, provides additional flexibility for various uses. The property's unique combination of luxury, privacy, and income potential makes it an attractive investment for discerning buyers.

    Property Features for 1996 Stone Coal Lk Rd

    General Information

    Property type
    Hotels
    Lot Size
    816,750 SF

    Building Details

    Buildings
    3
    Stories
    2

    HighLights

    • $1,250,000 asking price.
    • Hospitality property, Hotel subtype.
    • Three buildings, two stories each.
    • 18.75‑acre lot.
    • Located at 1996 Stone Coal Lake Road, Buchannon, WV 26201.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Restaurant Bar & Pub Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Upshur
    State
    West Virginia
    Longitude
    -80.3408061
    Latitude
    38.9693013

    Nearby Comparable

    • $180,000
      2,500 SF

      Prime Buckhannon Commercial Property

      1.37 Acres, 2500 sq ft building
      4647 Rte 20 Hwy, Buckhannon, WV 26201
      View Details
    • $65,000
      16.97 Acres

      Roanoke WV Recreational Land

      16 acres near lakes, ideal for recreation or home.
      Sand Fork Rd, Roanoke, WV 26447
      View Details
    • $429,000
      1,344 SF

      Prime Buckhannon Commercial Property

      1,344 sq ft, 1.93 acres, $429,000
      441 Rt. 20 Rd, Buckhannon, WV 26201
      View Details

    FAQs

    What type of property is this?
    Hotel - Secluded Estate, Income Potential
    Where is this hotel located?
    The property is located at 1996 Stone Coal Lk Rd Georgetown, WV.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price.; Hospitality property, Hotel subtype.; Three buildings, two stories each.
    Request Owner's contact information
    1996 Stone Coal Lk Rd Georgetown, WV 26201
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    Georgetown, WV 26201
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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
    1996 Stone Coal Lk Rd Georgetown, WV 26201
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