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Bed and Breakfast with Amazing Views 125 River Ridge Dr 8 Room Bed and Breakfast Pearisburg, VA 24134 $2,750,000 ($343,750/Room)
Investment Highlights
- The local area is the playground of Virginia with ample hiking, canoeing, kayaking, tubing, fishing, etc.
- Also the Inn is located within minutes of grocery stores and shopping in Pearisburg.
- Located approximately 25 mins from Virginia Tech, there is never a shortage of potential guests.
- Also the Inn is located within minutes of grocery stores and shopping in Pearisburg.
Executive Summary
Nestled in scenic Southwest Virginia; this award winning property was recognized by the Governor as "A Crown Jewel to the Commonwealth!" This property has gained regional and national attention. With a complete renovation in 2023; The Lilly Valley Inn has become synonymous with culture, class, and exceptional service. The view from every room is simply breathtaking. as it sits atop a bluff overlooking the bend of the New River. Sunrise takes on new meaning at this special property.
The 14+ acre property consists of two structures: The main house which features seven bedrooms, all with bathrooms attached; a the main dining room with commercial kitchen; and two lounging areas. The view is emphasized with large windows in every room, and plenty of parking in the circular driveway. The other structure has is a two story detached unit that has two bedrooms upstairs with a large living area downstairs. A fully renovated kitchen with with beautiful island for the families to gather. Lilly Valley Inn is perfect for any gathering, event, family reunion, etc.
The local area is the playground of Virginia with ample hiking, canoeing, kayaking, tubing, fishing, etc. Located approximately 25 mins from Virginia Tech, there is never a shortage of potential guests. Also the Inn is located within minutes of grocery stores and shopping in Pearisburg. You won't want to miss this opportunity. Come and see the view for yourself.
The 14+ acre property consists of two structures: The main house which features seven bedrooms, all with bathrooms attached; a the main dining room with commercial kitchen; and two lounging areas. The view is emphasized with large windows in every room, and plenty of parking in the circular driveway. The other structure has is a two story detached unit that has two bedrooms upstairs with a large living area downstairs. A fully renovated kitchen with with beautiful island for the families to gather. Lilly Valley Inn is perfect for any gathering, event, family reunion, etc.
The local area is the playground of Virginia with ample hiking, canoeing, kayaking, tubing, fishing, etc. Located approximately 25 mins from Virginia Tech, there is never a shortage of potential guests. Also the Inn is located within minutes of grocery stores and shopping in Pearisburg. You won't want to miss this opportunity. Come and see the view for yourself.
Property Facts
| Price | $2,750,000 | Building Size | 7,024 SF |
| Price Per Room | $343,750 | No. Rooms | 8 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2003 |
| Property Subtype | Bed and Breakfast | Parking Ratio | 2.75/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 3.59 AC | ||
| Zoning | RRA1 | ||
| Price | $2,750,000 |
| Price Per Room | $343,750 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 3.59 AC |
| Building Size | 7,024 SF |
| No. Rooms | 8 |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 2.75/1,000 SF |
| Corridor | Interior |
| Zoning | RRA1 |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $437.00 | - |
| Guest Room | 7 | $319.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 4175 | Improvements Assessment | $0 |
| Land Assessment | $116,800 | Total Assessment | $116,800 |
Property Taxes
Parcel Number
4175
Land Assessment
$116,800
Improvements Assessment
$0
Total Assessment
$116,800
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Bed and Breakfast with Amazing Views | 125 River Ridge Dr
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