12509 Sam Snead HWY new Save Request In-Person Tour Request Virtual Tour
Warm Springs,VA 24484
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,633 sqft
Price per Sqft $48
MLS Listing ID 2516259
Style Log Home,Other,Two Story
Bedrooms 5
Full Baths 4
Half Baths 1
Construction Status Renovated
HOA Y/N No
Abv Grd Liv Area 3,602
Year Built 1975
Annual Tax Amount $1,840
Tax Year 2024
Lot Size 1.450 Acres
Acres 1.45
Property Sub-Type Single Family Residence
Property Description
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.
Location
State VA
County Bath
Area 330 - Bath
Rooms
Basement Finished,Interior Entry,Walk-Out Access
Interior
Interior Features Beamed Ceilings,Bedroom on Main Level,Dining Area,Eat-in Kitchen,Granite Counters,Hot Tub/Spa,Kitchen Island,Main Level Primary,Workshop
Heating Electric,Propane,Oil,Zoned
Cooling Central Air,Wall Unit(s),Zoned
Flooring Tile,Wood
Fireplaces Type Stone,Wood Burning
Fireplace Yes
Appliance Electric Water Heater
Exterior
Exterior Feature Deck,Hot Tub/Spa,Porch,Storage,Shed,Paved Driveway
Parking Features Detached
Garage Spaces 2.0
Pool None
Waterfront Description Creek,Waterfront
Roof Type Metal
Porch Balcony,Deck,Porch
Garage Yes
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Log Home,Other,Two Story
Level or Stories Two
Additional Building Guest House
Structure Type Asbestos,Drywall,Frame,Log,Plaster,Wood Siding
New Construction No
Construction Status Renovated
Schools
Elementary Schools Millboro
Middle Schools None
High Schools Bath County
Others
Tax ID 63A1-1-15
Ownership Individuals