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t r a n s l a t e

Stunning Outdoor Resort | ± 1,515 Acres

1 Shumate Falls Road
Glen Lyn, VA 24147
PRICE : $5,255,000
PRICE PER ACRE: $3,468
PROPERTY TYPE: Land
SITE SIZE: 1,515.20 Acres

Highlights

  • Total Sites: 66 | 42 RV Sites | 15 Primitive Campsites | 5 Wilderness Campsites | 4 Yurts
  • Various site types including: 30-AMP and 50-AMP electric, 42 full hook-ups, pull-through and back-in
  • Utilities include: water (well), sewer (septic) and electric (Appalachian Power)
  • Site and facility features include: patio, clubhouse (“Ed’s Place”), table and fire ring, room for slideouts, Wi-Fi, guest reception, restroom and showers and a laundry facility
  • On-site amenities include: Indoor/Outdoor Events Venue, 50 + miles of interlocking trails, access to New River
  • On-Site recreation includes: hiking, mountain biking, motorcycle and ATV riding, rock/mountain climbing, horseback riding, horseshoes, canoeing and boating
  • Upside: Approvals in place for future expansion of 6 yurts, 9 cabins and 14 treehouses
  • VA License #: 225249180
  • WV License #: WVB200300608

Description

Bull Realty, Inc., MR Real Estate and Bang Realty are pleased to present a rare opportunity to invest in a stunning ± 1,515-acre property on the Virginia/West Virginia border with an income producing outdoor resort. This scenic property has it all, from breathtaking mountaintop views down to the beautiful New River. Centrally located between Virginia, West Virginia, North Carolina, Ohio and Pennsylvania, this resort is within hours of tens of millions of population in cities such as Charlotte, NC, Richmond, VA, Washington, DC, and Huntington, WV.

Essentially “a privately owned state park,” this all-season resort opened only 4 years ago as a campground, and has recently begun adding income-producing concepts such as an indoor and outdoor wedding/event venue and additional accommodations. With forty-two RV sites, four Yurts (a circular wood framework tent covered with canvas) thirteen primitive campground sites and five wilderness campsites, this beautiful wooded property features access to the New River and over fifty miles of interlocking trails used for ATVs, dirt bikes, horses, biking and/or hiking. This resort offers guests world-class fishing, hiking trails and majestic mountain and river views as trails start on top of a mountain overlooking New River near the Shumate Falls area. Located on one of the rare, secluded stretches of the New River which does not have the noise of freight trains and borders the national forest, the resort offers guests world-class fishing, hiking trails and majestic mountain and river views as trails start on top of a mountain overlooking New River near the Shumate Falls area.

Additionally, the property has timber valued in 2016 at $1,700,000. Given the demand for additional hospitality suites, the six approved yurts, nine approved cabins and fourteen treehouses present a strong opportunity to significantly increase cashflow.

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