125 River Ridge Dr - Hospitality FOR SALE


Pearisburg, VA 24134
$2,900,000 USD
434-296-0134
125 River Ridge Dr, Pearisburg, VA for Sale
$2,900,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

125 River Ridge Dr
Pearisburg, VA 24134


HIGHLIGHTS

  • Along the New River
  • 30 Minutes from Virginia Tech
  • Residential or Commercial Potential
  • Hiking Trails, Paddling Routes, Mountains, and more...

OVERVIEW

Tucked into the hills above the New River, 125 River Ridge Dr is where comfort meets purpose. Spanning 5,500 square feet with 8 bedrooms and 8.5 baths, this property has been thoughtfully designed for both hospitality and home life. Currently operating as a high-performing Bed and Breakfast, it’s already generating consistent income—but it’s just as ready to become a one-of-a-kind full-time residence. Every room tells its own story, with natural textures, wide open spaces, and views that pull the outside in. The layout offers flexibility: private guest suites, shared gathering spaces, quiet corners, and outdoor decks that hover just above the river's edge. The setting is part of the magic. Located in Pearisburg, you're surrounded by the stillness of the mountains, with easy access to the New River, hiking trails, paddling routes, and the kind of silence that only comes from being truly tucked away—without losing access to town. Just 30 minutes from Virginia Tech, it’s an ideal landing spot for anyone who wants the energy of Blacksburg within easy reach. Whether you’re looking to continue running a successful short-term bed and breakfast or dreaming of a home that feels more like a retreat, this is the kind of place that invites you to stay a little longer.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$413 USD /SF

# OF ROOMS

8

PRICE/ROOM

$362,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lilly Valley Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2003

PARKING SPACES

9

LAND DETAILS

LAND ACRES

3.59 AC

LAND SF

156,380 SF

ZONING

RRA1

APN/PARCEL ID

4175

ASK ABOUT THIS PROPERTY

Andrew HardyFrank Hardy Sothebys International RealtyMore Info
434-296-0134

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Andrew HardyFrank Hardy Sothebys International RealtyMore Info
434-296-0134

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.