138 E Main St

Luray VA 22835

3633 sq. ft.

20697 sq. ft.

Single-Family

Last sold for $669,900

Lauren Reed, last sold this property on 03 August 2026 after 123 days on market.

Overview

Exceptional investment opportunity to own a fully operational luxury boutique inn located in the heart of downtown Luray, Virginia, in the Shenandoah Valley. Zoned B-1 and seller financing available! Known as the Inn at Shenandoah, this beautifully restored Victorian showcases timeless elegance and a distinctive European-inspired ambiance, blending historic character with modern comfort. This is a true turn-key offering — conveying fully furnished and equipped, allowing a new owner to step in and operate from day one. Currently operating as a successful bed & breakfast / inn with strong guest reviews and repeat clientele, the property offers immediate income potential and an established presence in a thriving tourism market. Architectural highlights include antique glass windows, crystal chandeliers, and refined sitting and dining spaces that create a memorable guest experience. The inn features three well-appointed private guest suites, each designed for comfort and privacy with upscale furnishings, jetted tubs for two, and private balconies. Situated on Main Street in downtown Luray, the property offers easy access to shops, restaurants, and attractions, and is just minutes from Luray Caverns, Shenandoah National Park, the Shenandoah River, wineries, and hiking trails. The location continues to draw guests for weekend getaways, weddings, and special events. Additional improvements include a detached garage/shop building, ideal for storage, maintenance, or potential expansion uses, along with ample on-site (off street) parking — a rare and valuable amenity in the downtown area. Whether expanding a hospitality portfolio or pursuing a lifestyle investment, this is a rare opportunity to acquire a highly desirable, income-producing property in one of Virginia’s premier destinations — ready to operate the day you close.

Features

3 bedrooms

4 bathrooms

10 carspaces

2 garage spaces

3633 sq. ft. floor area

20697 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Luray over the last 12 months, the estimated median property value of 138 E Main St is $340k.

Median value

$340k

Estimated value range

$120k - $1.05m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Luray. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.