Nature's Spa & Airbnb Income Stream: Renovated 1830 Log Cabin This income-producing property is being sold through a virtual auction on the listing company website. The list price does not reflect the final sale price. The online, non-contingent auction sale ends July 30th at 2 p.m. A 10% buyer's premium applies to the final bid price. The property is being sold as is, where is. Please review the terms and the Comprehensive Due Diligence Packet on the company website and for registration. The seller is accepting pre-auction offers. Public open houses will be Saturday, June 21st, from 12-3, and Friday, July 11, from 11-2. ***A Rare Mountain Investment Opportunity: Historic Estate with Natural Hot Spring Step into nearly 200 years of history with this extraordinary property that seamlessly blends heritage with modern luxury and proven income potential. This isn't just a mountain retreat, it's a sophisticated investment anchored by nature's rarest amenity: a natural hot spring. ***Historic Foundation Meets Modern Excellence The authentic 1830 hand-cut log cabin, thoughtfully expanded in 1975, features five spacious bedrooms and 3.5 bathrooms with a stunning modern hickory kitchen. Recent comprehensive upgrades include 34 new windows, dual zoned central air conditioning, updated electrical and plumbing systems, and professional waterproofing, representing improvements that ensure long-term reliability. ***The Crown Jewel: Natural Hot Spring! This rare geological feature creates an unassailable competitive advantage in hospitality markets. Natural hot springs are among the earth's rarest amenities, commanding premium pricing and occupancy rates that conventional properties cannot achieve. Combined with breathtaking mountain vistas across 1.45 scenic acres, this creates an irreplaceable market position. ***Proven Financial Performance 2024 Airbnb revenue of $22,762 from just one bedroom apartment, with 214 nights booked and $2,468 in tax advantages. This turnkey operation includes all furniture, licensing, and an established website. Professional appraisal establishes a baseline value at $486,000, while income approach valuations suggest potential worth of $1.4-2.3 million when fully leveraged. **Multiple Revenue Opportunities: Continue successful Airbnb operations, expand to full five-bedroom B&B, develop a wellness retreat center, or create wedding venue. Local zoning permits multiple small houses near the warm spring, offering subdivision potential. The natural hot spring validates premium pricing across all hospitality models. ***Strategic Location Advantages Located near prestigious Homestead Omni Ski Resort and historic Jefferson Pools, the property captures Virginia's growing wellness tourism market while maintaining easy access to major cities. World-class outdoor recreation and established tourist traffic provide year-round demand. ***Investment Highlights Live in the main house while earning consistent income from guest operations. Extensive infrastructure includes parking for 15+ vehicles and over 2,200 square feet of garage/storage space. The combination of natural rarity, historic significance, proven performance, and unlimited potential creates an investment opportunity that sophisticated buyers recognize as genuinely exceptional. This convergence of irreplaceable natural amenities, historic character, and established profitability represents a once-in-a-lifetime acquisition opportunity in Virginia's mountain country.
Located in the heart of Warm Springs, this unique property serves as home to the Warm Springs Art Gallery and Caf?. The estate consists of three buildings: a beautifully restored 4-bedroom, 4.5-bath owners residence, a detached guest cottage, and a renovated general store featuring an art gallery on the main floor and a caf?/retail shop on the second. Zoned R-1/B-1, the property allows for various commercial uses and offers endless possibilities. The main residence boasts a gourmet kitchen, high ceilings, and an open floor plan that floods with natural light. The guest cottage, tucked privately behind the home, includes a cozy living and dining area, kitchen, fireplace, tiled bath, and loft bedroom. The terraced layout offers privacy between buildings, while patios and gardens overlook the town square and offer panoramic mountain views. This Bath County treasure is situated at the foot of Courthouse hill near all the local attractions and just minutes to the Omni Homestead Resort and Spa, renowned for its world-class amenities. Whether you continue the property's legacy in the arts or reimagine it for your own vision, this is a rare opportunity to own a landmark in one of Virginia's most charming historic towns.,Glass Front Cabinets,Granite Counter,Fireplace in Family Room,Fireplace in Living Room
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Warm Springs is located in Virginia. Warm Springs, Virginia has a population of 616. Warm Springs is more family-centric than the surrounding county with 58.07% of the households containing married families with children. The county average for households married with children is 26.81%.
The median household income in Warm Springs, Virginia is $57,794. The median household income for the surrounding county is $55,807 compared to the national median of $69,021. The median age of people living in Warm Springs is 50.7 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 44.2 inches per year, with 36.4 inches of snow per year.
