±1,515 Acres | Stunning Outdoor Resort | Virginia & West Virginia Border

1 Shumate Falls Road Glen Lyn, VA 24147

1 Shumate Falls Road, Glen Lyn, VA, 24147
1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147 1 Shumate Falls Road, Glen Lyn, VA, 24147
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Oct 22, 2024

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Highlights

  • Total Sites: 66 | 42 RV Sites | 15 Primitive Campsites | 5 Wilderness Campsites | 4 Yurts
  • Various site types including: 30-AMP and 50-AMP electric, 42 full hook-ups, pull-through and back-in
  • Utilities include: water (well), sewer (septic) and electric (Appalachian Power), internet
  • Site and facility features include: patio, clubhouse (“Ed’s Place”), table and fire ring, room for slideouts, Wi-Fi, guest reception, restroom and showers and a laundry facility
  • 4 luxury yurts (which is a circular wood framework tent covered with canvas)
  • A state-of-the-art clay shooting course and 5-stand clay shooting
  • Amish-built timber-framed wedding and corporate event venue
  • World-class fishing and world-class motorsport riding
  • 60 miles of interlocking UTV trails, and approximately 100 miles of single-track trails for dirt bike riding, horse riding, mountain biking and hiking
  • Room for immediate RV site expansion, approvals are in place for 23 cabins/treehouses on the Virginia side, while the West Virginia side offers an abundance of expansion opportunities
  • MR Real Estate Team - VA License #: 225249180
  • Bang Realty - WV License #: WVB200300608

Description

Bull Realty, Inc., MR Real Estate and Bang Realty are pleased to present this rare opportunity to invest in a ±1,515-acre stunning recreational resort property located on the Virginia/West Virginia border with an income producing outdoor resort. From breathtaking mountain top views down to the easily accessible New River, this scenic property has so much to offer. Centrally
located between Virginia, West Virginia, North Carolina, Ohio and Pennsylvania, this resort is within hours of population centers such as Charlotte, NC, Richmond, VA, Washington, DC, and Huntington, WV.



Effectively “a privately-owned state park,” this all-season resort opened several years ago as a campground. With 42 RV sites, luxury yurts (which is a circular wood framework tent covered with canvas), and numerous wilderness campsites, this beautiful, wooded property has facilities in place and can accommodate further RV/camping-oriented expansion. Approvals are in place for 23 cabins/treehouses on the Virginia side, while the West Virginia side offers an abundance of expansion opportunities. A newly paved 2-mile road provides easy, scenic access to the property off of Highway 460 along the New River.



In addition to campground/RV facilities, millions of dollars' worth of infrastructure have been added to diversified streams of revenue, such as the Amish-built timber-framed wedding and corporate event venue with accommodations, sales of UTV & motorcycle trail passes, a state-of-the-art clay shooting course and 5-stand clay shooting, river outfitters, and facilities for large camping-oriented gatherings, events and festivals.



Located on one of the rare, secluded stretches of the New River unaffected by the noise of freight trains, the resort offers guests world-class fishing and world-class motorsport riding. Over 60 miles of interlocking UTV trails, and approximately 100 miles of single-track trails for dirt bike riding, horses, mountain biking and hiking offer some of the most majestic views the Appalachian Mountains have to offer. The trail systems and training courses continue to provide the ideal setting for enduro, motocross racing, training events and schools hosted by some of the world’s best riders. While investments have been made for future profitability and personnel are in place to run the variety of operations, health issues of key management have limited the time and attention required to stabilize income. This unique scenario presents a rare opportunity for an astute investor.

Centrally located between Virginia, West Virginia, North Carolina, Ohio and Pennsylvania, this resort is within hours of tens of millions of population in cities such as Charlotte, NC, Richmond, VA, Washington, DC, and Huntington, WV.

Lot Size: 1515.2 acres


Documents

Offering Memorandum

Map of 1 Shumate Falls Road, Glen Lyn, VA, 24147

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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