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Property profile

1358 Preston Hwy Kingwood, WV 26537

OFF-MARKET
Mixed-use properties
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500 ac lot

Property summary

AI-generated overview

Own a piece of West Virginia history with Fairfax Manor, a sprawling 500-acre property located at 1358 N Preston Hwy, Kingwood, WV 26537, in Preston County. This exceptional mixed-use property, encompassing farmland, recreational land, and a potential winery site, is priced at $4,250,000. The property includes a historic Colonial Fieldstone Farmhouse, originally constructed in 1818, showcasing original woodwork and craftsman fireplaces in all gathering rooms. Multiple barns and outbuildings are also present on the expansive acreage. This unique offering presents a rare opportunity to acquire a significant piece of American history, blending historical charm with the potential for diverse agricultural or recreational uses. The property's rich heritage and substantial size make it an ideal investment for those seeking a blend of historical significance and expansive land holdings in the beautiful West Virginia countryside. The property's location offers both seclusion and accessibility, providing a tranquil setting while remaining conveniently located within the Kingwood community. This is a truly exceptional opportunity to own a landmark property with significant historical value and considerable development potential.

Property profile

Verified
Property type Mixed-use properties
Lot 500 ac (21,780,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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