325 Union Run Lexington, VA 24450
For Sale
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An 1883 Federal-style manor with a separate guesthouse, set on 10 acres three miles from downtown Lexington. The property operates as Shenandoah Manor Bed & Breakfast, an art-focused retreat with eight guest rooms across two buildings, an active client database, an established website, and a record of strong guest reviews. The business and furnishings are available with the real estate. The main house includes three guest suites, each with a private bath and balcony, alongside the owners' quarters, two art studios, a library and music room, and a full kitchen. The guesthouse adds five guest rooms with private baths, a kitchenette, and a shared living room. A stone courtyard links the two buildings and serves as the central gathering space. The grounds include open meadow, a creek, and a pond with a gazebo. A level area accommodates tents for events of up to 150 guests, and the property has hosted weddings, art workshops, and corporate retreats. Fiber internet and reliable cell service are in place. Washington and Lee, VMI, and the Virginia Horse Center are within a short drive. The property is offered as a continuing operation or as a private estate suitable for conversion to single-family use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
