- 2 beds
- 3 baths
- 1,260 sqft
- ~1 acre lot
- $448 per sqft
- 1900 build
SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. Cross listed as multi-family (VARP2002052) & single family ( VARP2002162) as grandfathered residential in a commercial zone. A very rare offering in Rappahannock County - 11947 & 11951 Lee Hwy, together for sale as one parcel, present an outstanding opportunity for multi-family rental income. The sale includes two structures containing FOUR grandfathered residential units, ONE commercial unit. Further upside can be realized by finishing unused spaces, bringing current rents to market rate and even rehabbing an old fruit stand on the property. This investment opportunity sits on the highly traveled Rt 211: a major artery seeing 2 million + vehicles per year and opportunistically near the Thornton Gap entrance to Shenandoah National Park. The property is zoned Highway Commercial, allowing for a multitude of by-right uses including short term rentals, retail, food service and hospitality. Property is served by electric, propane, private well, town sewer and high speed is internet. P&L available.
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Last updated Jun 30, 2025
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MLS# VARP2002162 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1900
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Year Built Source:Assessor
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Roof:Shingle, Metal
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New Construction:No
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Construction Materials:Vinyl Siding
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Building Levels:2
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Structure Type:Detached
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Historic:No
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Architectural Style:Converted Dwelling
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Levels:2
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Accessibility Features:32
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Foundation Details:Slab, Stone
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1260
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1260
Interior
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Flooring Type:Concrete, Wood, Solid Hardwood
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1260
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Living Area SqFt:1,260 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Contract, Conventional, Exchange
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Possession:Immediate, Settlement
Location
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Directions:Rte. 211 South (toward National Park) on the right, in the village of Sperryville.
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Latitude:38.65929000
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Longitude:-78.23213000
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Location Type:Rural
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:1.37
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Lot Size Source:Estimated
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Lot SqFt:59,677 Sqft
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Zoning:HIGHWAY COMMERCIAL
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Zoning Description:High by right use category including retail, hospitality, short term rental, food service, etc
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Road Responsibility:State
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Horse:No
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:4
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (540) 274-4052
- Office phone:
- (540) 987-8500
Taxes
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Tax ID Number:38A 1 5
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Tax Year:2022
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Tax Lot:5
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Tax Annual Amount:$2,149
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Tax Assessed Value:$358,100
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Year Assessed:2022
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County Tax:1970.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:2
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Bedrooms Main Level:2
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
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Main Level Baths:3.00
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Main Level Full Baths:2
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Main Level Half Baths:1
Heating & Cooling
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Cooling Type:Ductless/Mini-Split, Window Unit(s), Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump - Electric BackUp, Central
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Heating Fuel:Electric, Propane - Leased
Utilities
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Utilities:Sewer Available, Propane, Cable TV
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:60+ Gallon Tank
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Water Source:Well
Schools
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School District Name:Rappahannock County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:Off Street, Parking Lot
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$565,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,025
|
Taxes | $179 |
Insurance | $155 |
Utilities | $206 See report |
Total | $3,565/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/30/25
Jun 30, 2025
|
Listed / Active | BRIGHT | $565,000 |