Catylist ID:
#30782708
Caverns Country Club & Oh Shenandoah Homesites
Vacant Land
for Sale
| Catylist Listing ID: | 30782708 |
| Property Subtypes: | Agricultural, Hospitality, Multi-Family, Residential (Single Family), Vacation/Resort, Other |
| Gross Land Area: | 348 Acres |
| Sale Price: | $8,500,000 |
| Unit Price: | $24,425 Per Acre |
| Land Splits Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/9/2023 |
Overview / Comments
|
An extraordinary chance to acquire one of the Shenandoah Valley’s most stunning properties. Set on 348+/- acres amongst the foothills of the Blue Ridge Mountains in historic Luray, Virginia, this offering includes the Caverns Country Club and surrounding Oh, Shenandoah homesites. With over 1.25 miles of frontage on the Shenandoah River, enjoyment and opportunities abound on this scenic land. Caverns Country Club features an operating 18-hole par-72 golf course and 3900 square foot clubhouse. Designed by Hal Purdy, the course is noted for it’s beauty and is considered “A great mountain course for all skill levels,” according to Golf Digest readers. The parkland-type setting includes gently-rolling fairways and incredible vistas of the nearby mountain ranges. Course infrastructure includes an comprehensive irrigation system and maintenance barn. Oh, Shenandoah offers a residential development opportunity with over 100 county-approved subdivided lots. Current zoning will accommodate a variety of uses including single-family dwellings, multi-family dwellings, age-restricted housing, camps & campgrounds, outdoor recreation, and more. The rolling hills and open fairways of the land would lend itself to various future uses and redevelopment. The property could be re-imagined and would be an excellent site for a resort or lodging operation. Located 90 minutes from Washington, DC and less than 15 miles from Interstate 81, this property provides excellent access to travel corridors and area attractions including the famed Luray Caverns, the George Washington National Forest, and the Shenandoah National Park. Nearby conveniences include grocery, pharmacy, other national retailers, and the Luray Caverns Airport, a public use general aviation airport, just minutes away. |
Attachments & Media
Additional Details
| Nearest MSA: | Harrisonburg |
| County: | Page |
| Tax ID/APN: | 4892-07-2085 |
| Zoning: | RESIDENTIAL, AGRICULTURAL, WOODLANDS |
| Legal Description: | See agent notes. |
| Airports: | Luray Caverns Airport - less one mile away |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 3,139 | 8,449 |
| Median Age: | 46.16 | 45.08 |
| Households: | 1,289 | 3,529 |
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