NicholePowell
BEDS3
BATHS3 full
SQUARE FEET1,944
MLS#925057
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBlue Ridge
Property Description
Own an ultimate turn-key mountain retreat. Proven winner. This 3BR/3BA mountain retreat is a high-performing investment, boasting a 10% CAP rate and $45k/year in established revenue for past two years. Benefit from exceptionally low property taxes ($385/yr) and a fully turn-key setup--all furniture and systems stay! Meticulously renovated in 2024, the 1,944 sq. ft. home features vaulted ceilings, dual gas fireplaces, and two decks with views. Perched atop Porters Mountain with epic views all around, you're still just minutes from Hwy 460 and Bonsack shopping. Seamlessly transition with current management and start earning on day one. Your dream second home and smartest investment awaits. Lender approved with 25% down or 1031 exchange.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Air, Heat Pump Electric, Zoned
Fenced: Yes
Fireplaces: 2
Heating: Heat Pump Electric
Home Style: Ranch
Lot Size: 0.56 Acres
Stories: 1.0
Taxes: $385
Year Built: 1996
Amenities
Bookcases
Cathedral Ceiling(s)
Drapes
Balcony
Deck
Fenced Yard
Gas Grill & Line
Feature Descriptions
Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Disposer, Microwave Oven (Built In), Refrigerator
Days on Site: 44
Energy Feature(s): Attic Fan
Exterior: Wood
Exterior Door(s): Full View, Screen
Fireplace Location: Basement, Dining Room
Floor: Vinyl
Lot: Cleared, Hilly
Lot Dimensions: 0.56 acre(s)
Miscellaneous Features: Furnished, In-Law Quarters, Maint-Free Exterior, New Construction
Porch: Front Porch
Sewer: Private Septic
Special View Info: Mountain(s), Sunrise, Sunset
Water: Shared Well
Window: Insulated, Low-Emissivity Windows, Screen
Local Schools
High School: Liberty High
Middle School: Liberty Middle
Elementary School: Montvale
Listed By / Shown By
Listed By
Agency Name: XREALTY.NET LLC
Agency Phone: (888) 838-9044
Shown By
Agent Name: Nichole Powell
Agent Phone: (540) 588-5400
Agency Title: MKB, REALTORS
Estimate Your Payment
Estimated Payment
$ 1,038.72 per month $890.00 Principal & Interest $32.08 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
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1039 Fosters Knob Rd | MLS# 925057
This single family home located at 1039 Fosters Knob Rd, Blue Ridge, VA 24064 is currently listed for sale with an asking price of $399,900. This property was built in 1996 and has 3 bedrooms and 3 full baths with 1944 sq. ft. Fosters Knob Rd is located in the Blue Ridge subdivision. Search Blue Ridge real estate on www.nicholeatthelake.com today.