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11947 Lee Hwy , Sperryville, VA 22740
$559,000
Est. Payment: $2,928.53/mo
4 Bed
3 Bath
1260 Sqft
1.37 Acres
Status: active | Days on site: 296
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CHRW1 - 3342588
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

SHOWING BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.

Live in one unit and receive rental income from the rest! A very rare offering in Rappahannock County - 11947 & 11951 Lee Hwy, together for sale as one parcel, present an outstanding opportunity for multi-family rental income. The sale includes two structures containing FOUR grandfathered residential units, ONE commercial unit. Further upside can be realized by finishing unused spaces, bringing current rents to market rate and even rehabbing an old fruit stand on the property. This investment opportunity sits on the highly traveled Rt 211: a major artery seeing 2 million + vehicles per year and opportunistically near the Thornton Gap entrance to Shenandoah National Park. The property is zoned Highway Commercial, allowing for a multitude of by-right uses including short term rentals, retail, food service and hospitality. Property is served by electric, propane, private well, town sewer and high speed is internet. P&L available.
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Highlights

Listed by Robert Chapman IV , 7038870895 Cheri Woodard Realty , 5409878500. Bright MLS

Property Type

Residential
Lot/Acreage
1.37

Year Built

1900

County

Rappahannock

 Neighborhood

None Available

 School District

Rappahannock County Public Schools

Listing ID

VARP2002456

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Air Cond:Ductless/Mini-Split,Window Unit(s),Central A/C
Fireplaces:
Floor:Concrete,Wood,Solid Hardwood
Above Ground Sq Ft:1260
Other:
  • ▪ Main Floor Bedrooms:4
Water:Well

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:High by right use category including retail, hospitality, short term rental, food service, etc
Roof:Shingle,Metal
Sewer:Public Sewer
Parking Features:Off Street,Parking Lot
Principal Interest
$2,929
Taxes
$179

Home Price

$559,000

Loan Details

30 yrs
6.844%

Down Payment

20%
$111,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,928.53

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,928.53 $179.08 $0.00 $3,107.61
Yearly $35,142.34 $2,149.00 $0.00 $37,291.34
Total $1,054,270.22 $64,470.00 $0.00 $1,118,740.22
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Sperryville, VA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T17:14:43.000Z

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