Welcome to your perfect mountain getaway. This traditional 3/4-bedroom chalet sits high on the mountain, just minutes from skiing, swimming, and resort activities. The home has been beautifully renovated from top to bottom. Enjoy peace of mind with recent updates: roof, HVAC, energy-efficient windows, a new slider door, and a brand-new lower deck. Inside, you'll find a fully updated kitchen with new appliances, plus refreshed bathrooms. Outside, the private rear deck is the ultimate spot to relax. Spend quiet evenings watching local wildlife with the peaceful sound of a babbling brook in the background. This property is an active, successful Airbnb that has averaged $55K annually over the last two years. It has a great rental history and is being sold completely turnkey—all furniture and decor are included. Schedule your tour today!
Closed
$506,000
389 Rainier Rd, Mc Gaheysville, VA 22840
4beds
1,681sqft
Single Family Residence
Built in 1978
0.4 Acres Lot
$508,300 Zestimate®
$301/sqft
$2,192 Estimated rent
Home value
$508,300
$473,000 - $549,000
$2,192/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Craig Anders 540-383-6054,
Cottonwood Commercial LLC
Bought with:
Nick Whitelock, 0225203811
Massanutten Realty
Source: CAAR,MLS#: 677548
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORS
Originating MLS: Harrisonburg-Rockingham Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Features
- Primary Downstairs
- Has basement: No
Interior area
- Total structure area: 1,681
- Total interior livable area: 1,681 sqft
- Finished area above ground: 1,681
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Pool features: Association
Lot
- Size: 0.4 Acres
Details
- Parcel number: 127C(1) L899
- Zoning description: R-4 Medium Denisty Residential District
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet/Alpine
- Property subtype: Single Family Residence
Materials
- Stick Built
- Foundation: Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Surveillance System
- Subdivision: MASSANUTTEN
HOA
- Has HOA: Yes
- Amenities included: Playground, Pool
- HOA fee: $84 monthly
Location
- Region: Mc Gaheysville
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $270,600
- Annual tax amount: $1,903
- Date on market: 5/24/2026
- Cumulative days on market: 1 day
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Sold | $506,000+1.2%$301/sqft |
Source:  CAAR #677548 Report a problem | ||
| 5/26/2026 | Pending sale | $499,900$297/sqft |
Source: CAAR #677548 Report a problem | ||
| 5/24/2026 | Listed for sale | $499,900+25%$297/sqft |
Source: CAAR #677548 Report a problem | ||
| 4/10/2023 | Sold | $400,000+0%$238/sqft |
Source: HRAR #638839 Report a problem | ||
| 3/9/2023 | Pending sale | $399,900$238/sqft |
Source: CAAR #638839 Report a problem | ||
| 2/24/2023 | Listed for sale | $399,900+100%$238/sqft |
Source: CAAR #638839 Report a problem | ||
| 1/7/2019 | Sold | $200,000-11.1%$119/sqft |
Source: Public Record Report a problem | ||
| 8/11/2010 | Sold | $225,000$134/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,840 | $270,600 |
| 2023 | $1,840 | $270,600 |
| 2022 | $1,840 +28% | $270,600 +39.3% |
| 2021 | $1,438 | $194,300 |
| 2020 | $1,438 | $194,300 |
| 2019 | $1,438 | $194,300 |
| 2018 | $1,438 +7.9% | $194,300 +2% |
| 2017 | $1,333 | $190,400 |
| 2016 | $1,333 +4.5% | $190,400 |
| 2015 | $1,276 +4.7% | $190,400 |
| 2014 | $1,219 | $190,400 +0.1% |
| 2013 | -- | $190,200 +1.6% |
| 2012 | -- | $187,200 -1.6% |
| 2011 | -- | $190,200 |
| 2010 | -- | $190,200 |
Find assessor info on the county website
Neighborhood: 22840
Nearby homes
- $577,3003 bd3 ba1.3k sqft405 Rainier Rd, Mcgaheysville, VA 22840Off Market
- $615,3004 bd3 ba2.9k sqft345 Rainier Rd, Mc Gaheysville, VA 22840Off Market
- $630,0006 bd4 ba3.1k sqft411 Rainier Rd, Mc Gaheysville, VA 22840Sold
- $336,9004 bd2 ba1.2k sqft376 Rainier Rd, Mcgaheysville, VA 22840Sold
- $594,9003 bd2 ba1.5k sqft390 Rainier Rd, Mcgaheysville, VA 22840Off Market
- $655,6004 bd3 ba2.5k sqft358 Rainier Rd, Mc Gaheysville, VA 22840Off Market
- $508,0003 bd3 ba2.1k sqft319 Rainier Rd, Mcgaheysville, VA 22840Off Market
- $422,6003 bd2 ba1.6k sqft433 Rainier Rd, Mc Gaheysville, VA 22840Off Market
Nearby schools
GreatSchools rating
- 5/10McGaheysville Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 4/10Elkton Middle SchoolGrades: 6-8Distance: 8.3 mi
- 7/10East Rockingham High SchoolGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: McGaheysville
- Middle: Elkton
- High: East Rockingham
Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Rockingham County
- McGaheysville
- 22840
- 389 Rainier Rd
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