Property profile

294 Freshwater Cove Ln Lovingston, VA 22949

OFF-MARKET
Mixed-use properties
Property ID
US87-3177966
4,066 SF 37 ac lot Built 1835
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Property summary

AI-generated overview

This exceptional Lovingston, VA property offers a unique investment opportunity. The centerpiece is a beautifully renovated 1835 colonial home, boasting approximately 3,340 square feet of luxurious living space. Features include oak hardwood floors, a gourmet kitchen, and elegantly appointed rooms, all conveying with the sale. This turnkey bed and breakfast business is available, presenting a ready-made income stream. A negotiable 2,280 square foot prefab modular home with four bedrooms, 2.5 baths, an open floor plan, dual heating units, and a spacious back deck is also included. The master suite features a large walk-in shower with grab bars and double vanities. An outdoor shed provides additional storage. A charming 900 square foot cottage with a full bathroom and kitchen completes the residential offerings. The expansive 37-acre lot welcomes horses and farm animals, offering stunning mountain views, rolling hills, and a tranquil setting ideal for events. This property seamlessly blends Victorian charm with modern amenities, creating a truly unforgettable experience. The total square footage of all buildings is approximately 4,066 square feet. Priced at $2,900,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1835
Total area 4,066 SF
Lot 37 ac (1,611,720 SF)
UPID US87-3177966

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Landscaping General Contractor
  • Bed & Breakfast Restaurant

Location

294 Freshwater Cove Ln Lovingston, VA 22949
Lovingston metro
Google Maps

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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