#658177, YATES MCCALLUM, Listing office: FRANK HARDY SOTHEBYS INTERNATIONAL REALTY

12509 Sam Snead Hwy Warm Springs, VA 24484
Property details
About 12509 Sam Snead Hwy
This income-producing property is being sold through virtual auction ending July 15th at 2 PM with 10% buyer's premium, sold as-is with pre-auction offers accepted. Step into 200 years of history with this extraordinary mountain estate featuring an authentic 1830 hand-cut log cabin expanded in 1975 with 5 bedrooms, 3.5 baths, modern hickory kitchen, and nature's rarest amenity: a natural hot spring creating unassailable competitive advantage in hospitality markets. Recent comprehensive upgrades include 34 new windows, dual-zone AC, updated electrical and plumbing across 1.45 scenic acres with breathtaking mountain vistas near prestigious Homestead Omni Ski Resort. Proven 2024 Airbnb performance generated $22,762 revenue from just one bedroom with 214 nights booked, while professional appraisal establishes $486,000 baseline value and income approach suggests $1.4-2.3M potential when fully leveraged. Multiple revenue opportunities include continuing Airbnb operations, expanding to five-bedroom B&B, developing wellness retreat center, or creating wedding venue, with local zoning permitting multiple small houses near the hot spring for subdivision potential. Live in the main house while earning consistent guest income with parking for 15+ vehicles and over 2,200 square feet of garage storage space, making this convergence of irreplaceable natural amenities, historic character, and established profitability a once-in-a-lifetime acquisition opportunity in Virginia's mountain country capturing the growing wellness tourism market.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Electric Water Heater
- Basement: Yes
- Flooring Type: Tile, Wood
- Interior: Beamed Ceilings, Bedroom on Main Level, Dining Area, Eat-in Kitchen, Granite Counters, Hot Tub/Spa, Kitchen Island, Main Level Primary, Workshop
- Fireplace: Stone, Wood Burning
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Basement, Driveway, Detached, Garage, Guest, Other, Oversized, Paved
- Waterfront: Creek, Waterfront
- Exterior: Deck, Hot Tub/Spa, Porch, Storage, Shed, Paved Driveway
- Architectural Style: Log Home, Other, Two Story
- Heating: Electric, Propane, Oil, Zoned
- Cooling: Central Air, Wall Unit(s), Zoned
- List Price: $225,000
- Price/SqFt: $48
- Annual Tax Amount: $1,840
- Tax Year: 2023
- Year Built: 1975
- Stories: 2
- Living Area: 4,633 SqFt
- Lot Size: 1.45 Acres
- MLS Number: 2516259
- MLS Name: CVR
- Office Name: Dudley Resources
- Office Phone: (804) 709-1954
- Office Email: info@dudleyresources.com
- Listing Agent: Philip Bonnie
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. 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: 6/13/2025, 1:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$225,000
12509 Sam Snead Hwy
$2,672
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 24, 2020 | Home Sold | $211,300 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $306,800 | $1,840 |
2021 | $311,500 | $1,713 |
2020 | $311,500 | $- |
2019 | $311,500 | $- |
2018 | $311,500 | $- |
2017 | $311,500 | $- |
History based on county public records data.
Nearby schools
7
Sharon Elementary School
Public District PK-5
16.7 mi
•100 Sharon School Cir
6
Mt View Elementary School
Public District PK-5
17.8 mi
•100 Gleason Dr
7
Marlinton Elementary School
Public District PK-5
20.5 mi
•926 5th 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 $54,203. The majority of Warm Springs, VA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 12509 Sam Snead Hwy
The listing price of 12509 Sam Snead Hwy property is $225,000.
The property 12509 Sam Snead Hwy is a house located in Warm Springs, Virginia, 24484.
Active Listing: 12509 Sam Snead Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12509 Sam Snead Hwy are: Sharon Elementary School (GreatSchools Rating 7/10), Mt View Elementary School (GreatSchools Rating 6/10), Marlinton Elementary School (GreatSchools Rating 7/10), Valley Elementary School (GreatSchools Rating 5/10), Millboro Elementary School (GreatSchools Rating 6/10), Clifton Middle School (GreatSchools Rating 3/10), Bath County High School (GreatSchools Rating 5/10), Pocahontas County High School (GreatSchools Rating 6/10), Alleghany High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,840 (source: MLS/based on county public records data).
The last sale was on August 24, 2020 for $211,300 (source: MLS/tax record).
The property at 12509 Sam Snead Hwy has 5 bedrooms and 4 full and 1 half bathrooms.
The property 12509 Sam Snead Hwy is 4,633 SqFt (source: MLS/tax record).
The year of construction for 12509 Sam Snead Hwy is 1975.
This home is located at 12509 Sam Snead Hwy in Warm Springs, VA and zip code 24484. This 4,633 square foot home, which was built in 1975, sits on a 1.45 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $225,000.