Premier Development Opportunity – 43.119 Acres with River Frontage in The Shenandoah Valley (Luray, VA). Hard to find potential development site. Zoned A-1 (Agriculture) with approx. 869 ft. of Shenandoah River frontage, offering developers a unique opportunity, or retain as a private estate. • With rezoning and subdividing - great potential for a riverfront, single-family development • Many possible by-right uses such as a campground, brewery, winery, distillery, retail sales for a greenhouse, and much more (see attached zoning code). • Existing house on premises with electric, well water, septic tank - conveys in as-is condition. With growing interest in rural and riverfront living, this property offers developers a chance to create something truly special in the Shenandoah Valley. Tap into Page County’s rising demand for scenic, lifestyle-driven properties.
Vacant landProperty Type
43.12 acresLot Size
$27,829Price/Acres
Listed by Virginia Smith• Arlington Realty, Inc.
•703-836-6000 (broker)
•arvirginiasmith@aol.com (broker)
Bought with Non Member NON MEMBER• Non Subscribing Office
Comp Sale- Premier Development Opportunity - 43.119 Acres with River Frontage in The Shenandoah Valley (Luray, VA). Hard to find potential development site. Zoned A-1 (Agriculture) with approx. 869 ft. of Shenandoah River frontage,
BRIGHT MLS #VAPA2004792
May 27, 2026
Sold
$1,200,000
Nov 19, 2025
Pending
—
Apr 15, 2025
Listed
$1,290,000
Year
Property tax
Land + Additions
Assessment*
2026
$400 (−51.0%)
$248,800
2024
$817
$429,700 + $12,000
$441,700
2023
$817 (−0.7%)
$429,700 + $12,000
$441,700
2022
$823
$509,700 + $12,000
$521,700
2021
$823
$509,700 + $12,000
$521,700
2020
$823
$508,300 + $12,000
$520,300
2019
$823 (+4.3%)
$508,300 + $12,000
$520,300
2018
$789 (+6.1%)
$508,300 + $12,000
$520,300
2017
$744 (+0.1%)
$508,300 + $12,000
$520,300
2016
$743 (+110.5%)
$508,300 + $12,000
$520,300
2014
$353
$391,900 + $9,500
$401,400
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
24.26 Acres
Year renovated
1961
Sq. Ft.
950
Year built
1953
Style
Other
County
Page County
APN
40 A 29
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
Property details
Interior
Virtual Tour
Exterior
Property Information
Improvement Assessed Value: $12,000
Ownership Interest: Fee Simple
Building Information
Construction Not Completed
Lot Information
Has Water View
Water Frontage In Feet: 869
Land Information
Current Use: Residential, Agriculture
Possible Use: Agriculture, Residential, Development, Florist/Nursery, Land/Lot Only, Mobile/Trailer Park
Farm Information
Farm Land Preservation: No
Financial
Tax Information
County Tax: $3,808
Tax Assessed Value: $441,668
Tax Year: 2022
Tax Annual Amount: $3,808
Assessments Information
Year Assessed: 2024
Utilities
Utilities Information
Sewer Septic: On Site Septic, Private Septic Tank
Electric Available
Water Source: Well
Location
School Information
School District Name: PAGE COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Outside City Limits
Directions: From DC: I-66 west, Take exit 13 toward VA-79/VA-55/Linden/Front Royal, Turn left onto VA-79 S, Turn right onto VA-55 W, Turn left onto US-340 S/S Royal Ave, Turn right onto the US-340 N/US-211 W ramp to Luray/Caverns, Merge onto US-211 W/ US-340 S, Turn right onto State Rte 652, Turn left onto State Rte 647, Turn right onto State Rte 645, Slight right onto Backwash Rd
Location Type: River
Transportation: Airport less than 10 miles
Waterfrontage Information
Water Access
On Waterfront
Water Oriented
Water Body Type: River
Water Body Name: Shenandoah River
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 950
Stories: 1.0
Lot Size: 24.26 acres
Style: Other
Year Built: 1953
Year Renovated: 1961
County: Page County
APN: 40 A 29
Home facts updated by county records on Aug 20, 2026
Around this home
Schools
Luray Elementary School
Public PreK-5 • Assigned • 3.9mi
3/10
Luray Middle School
Public 6-8 • Assigned • 3.8mi
7/10
Luray High School
Public 9-12 • Assigned • 2.4mi
6/10
Provided by GreatSchools
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
6 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Luray, VA • 22835
Average low and high temperatures (°F)
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44
60
38
47
28
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$1.00M – $1.22M
Sell confidently with a local market expert in Luray.