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Off market
  • Zillow Home logoZestimate®
    $464,800

    1284 River Rd, Morgantown, WV 26501

    4beds
    --sqft
    Other
    Built in 2002
    1.59 Acres Lot
    $464,800 Zestimate®
    $--/sqft
    $2,109 Estimated rent

    Home value

    $464,800

    $442,000 - $488,000

    $2,109/mo

    Zestimate® history
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    $2,969/mo

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    $2,969/mo

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    What's special

    Custom stone masonryHigh-end granite

    High-Yield Investment Opportunity: Multi-Unit Compound with Unrestricted Zoning Unlock Maximum ROI on 1.59 Unrestricted Acres Positioned in a high-growth corridor, this rare 1.59-acre asset offers a unique income stream potential with no zoning restrictions, perfect for a residential compound, commercial hub, or short/long-term rental portfolio. The Assets include Primary Residence (Value-Add Potential): A spacious 3BD/2BA home featuring high-end granite and custom stone masonry. Investor Bonus: The massive recreation wing has its own entrance and is equipped with existing kitchen and bath, allowing for a minimum amount of effort to convert into a third independent living suite or professional office. Secondary ADU (Income Ready): A modern 1BD + Loft unit with vaulted ceiling and independent laundry. PERFECT FOR LONG-TERM LEASING OR HIGH-DEMAND TRAVEL NURSING/STUDENT HOUSING GIVEN THE PROXIMITY TO WVU. Fleet-Grade Infrastructure: The gravel lot provides ample parking for heavy equipment or commercial fleets, catering to home-based businesses or multiple tenant logistics. Strategic Location & Future Appreciation: 7 Minutes to WVU: CAPTURES THE MASSIVE UNIVERSITY RENTAL/PROFESSIONAL MARKET. Proximity: 10 mins to Mall Rd retail and 15 mins to the airport. Infrastructure Growth: Ideally situated to benefit from the Harmony Grove Interchange (Phase 2). The upcoming River Road exit will significantly increase accessibility and potentially the property valuation. Development & Scale: LOCATED OUTSIDE CITY LIMITS WITH ZERO ZONING RESTRICTIONS, THE FLEXIBILITY FOR MIXED-USE DEVELOPMENT IS UNPARALLELED. FOR INVESTORS SEEKING A LARGER FOOTPRINT, THE ADJACENT PARCEL IS ALSO AVAILABLE, OFFERING A RARE ASSEMBLY OPPORTUNITY FOR A LARGER COMMERCIAL OR RESIDENTIAL PROJECT. Capitalize on this versatile asset before the new interchange is completed. Contact us for a pro-forma discussion or private tour.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: EXIT Realty broker feed,MLS#: 5191559

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Forced Air, Electric, Natural Gas
    Cooling
    • Central Air, Other
    Features
    • Wet Bar, Vaulted Ceiling(s)
    • Basement:
    • Has fireplace: No

    Property

    Lot
    • Size: 1.59 Acres
    Details
    • Parcel number: 3107001300650000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 2002

    Community & HOA

    Location
    • Region: Morgantown

    Financial & listing details

    • Tax assessed value: $6,500
    • Annual tax amount: $83
    • Date on market: 3/7/2026
    • Lease term: Contact For Details
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/7/2026Listing removed$490,000
    Source: EXIT Realty broker feed #5191559 Report a problem
    3/20/2026Price change$490,000-14.8%
    Source: MLS Now #5191559 Report a problem
    3/5/2026Listed for sale$575,000
    Source: MLS Now #5191136 Report a problem
    5/11/2025Listing removed$575,000
    Source: NCWV REIN #10156381 Report a problem
    3/16/2025Price change$575,000-4%
    Source: NCWV REIN #10156381 Report a problem
    2/5/2025Price change$599,000-14.3%
    Source: NCWV REIN #10156381 Report a problem
    9/16/2024Listed for sale$699,000+4560%
    Source: NCWV REIN #10156381 Report a problem
    6/14/1993Sold$15,000
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$83 -19.5%$3,900 -19.8%
    2024$104 -0.4%$4,860
    2023$104 +7%$4,860 +2.5%
    2022$97 $4,740
    2021-- $4,740
    2020-- $4,740 -22.5%
    2019$128 -0.3%$6,120
    2018$128 -0.5%$6,120
    2017$129 -89.4%$6,120 -89.3%
    2016$1,209 $57,180 +1.6%
    2015$1,209 +6.2%$56,280 +88%
    2014$1,138 +236.5%$29,940 +7.1%
    2013$338 $27,960 -19.4%
    2012$338 -31.9%$34,680 -27.8%
    2011$497 +3.4%$48,000 +4.8%
    2010$481 -0.4%$45,780 -1.2%
    2009$483 +1.8%$46,320 +1.2%
    2008$474 -4.3%$45,780 -3.4%
    2007$496 +1.3%$47,400 +3.3%
    2006$489 -46.2%$45,900 +9.6%
    2005$909 $41,880 +1354.2%
    2004-- $2,880
    2003-- $2,880
    2002-- $2,880
    2001-- $2,880
    Find assessor info on the county website

    Neighborhood: 26501

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $464,800
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    +$9,296
    With Zillow Showcase(estimated)
    $474,096
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $464,800
    2% more
    +$9,296
    With Zillow Showcase(estimated)
    $474,096