#VARP2002052, Robert Glenn Chapman IV, Listing Office: Cheri Woodard Realty
11947 Lee Hwy Sperryville, VA
Property details
About 11947 Lee Hwy
SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS. A very rare offering in Rappahannock County - 11947 & 11951 Lee Hwy, together for sale, 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.
Highlights
Summary
- Architectural Style: Cottage
- Heating: Electric, Heat Pump
- List Price: $565,000
- Price/SqFt: $448
- Annual Tax Amount: $2,184
- Tax Year: 2023
- Directions: Rte 211 South (Lee Hwy) towards Shenandoah National Park. Property is on the right in the village.
- Year Built: 1900
- Living Area: 1,260 SqFt
- Lot Size: 1.37 Acres
- MLS Number: VARP2002052
- Office Name: Cheri Woodard Realty
- Listing Agent: Robert Chapman
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2025 Charlottesville Area Association of REALTORS®, Greater Augusta Association of REALTORS® and Harrisonburg-Rockingham Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 4:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$565,000
11947 Lee Hwy
$6,709
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 31, 2024 | Home Sold | $500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $358,100 | $2,184 |
2022 | $358,100 | $2,148 |
2021 | $212,300 | $1,549 |
2020 | $212,300 | $1,549 |
2019 | $212,300 | $1,549 |
2018 | $212,300 | $1,549 |
2017 | $212,300 | $1,486 |
History based on county public records data.
Nearby schools
7
Springfield Elementary School
Public District PK-5
11.3 mi
•158 Big Spring Ln
5
Luray Elementary School
Public District PK-5
12.1 mi
•555 First St
6
Stanley Elementary School
Public District PK-5
15.7 mi
•306 Aylor Grubbs Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,872. Most Sperryville, VA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 11947 Lee Hwy
The listing price of 11947 Lee Hwy property is $565,000.
Active Listing: 11947 Lee Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11947 Lee Hwy are: Springfield Elementary School (GreatSchools Rating 7/10), Luray Elementary School (GreatSchools Rating 5/10), Stanley Elementary School (GreatSchools Rating 6/10), Rappahannock County Elementary School (GreatSchools Rating 4/10), Luray Middle School (GreatSchools Rating 4/10), Culpeper Middle School (GreatSchools Rating 4/10), Rappahannock County High School (GreatSchools Rating 4/10), Luray High School (GreatSchools Rating 5/10), Skyline High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $2,184 (source: MLS/based on county public records data).
The last sale was on January 31, 2024 for $500,000 (source: MLS/tax record).
The property at 11947 Lee Hwy has 0 bathroom.
The property 11947 Lee Hwy is 1,260 SqFt (source: MLS/tax record).
The year of construction for 11947 Lee Hwy is 1900.
This home is located at 11947 Lee Hwy in Sperryville, VA and zip code 22740. This 1,260 square foot home, which was built in 1900, sits on a 1.37 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $565,000.