4 months on rocket

122 Fernwood Ln, Wintergreen, VA, 22967

$1,550,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
9 Full Baths, 1 Partial
7,844 SqFt
$198/SqFt
House

Location

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122 Fernwood Ln, South River$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2006
HeatingHeat Pump
CoolingCentral Air, Heat Pump
BasementYes
FireplaceGas/Propane
ViewMountain(s), Other, Panoramic
MLS #656084
Lot Size0.50 Acres
StatusActive
(ACTIVE)

About 122 Fernwood Ln

This home has been a spectacular rental property due to its size, furnishings, and number of bedrooms and baths. It has a great view across Shenandoah Valley and backs onto George Washington National Forest. It is very private and is in a great location on the mountain. It is being sold furnished with the exception of some personal art and family items. It has 4 levels and is in constant demand for groups, families, and conference guests. It is the perfect retreat for a lrage and extended family. It has rented well through Wintergreen Resort which allows guest access to the many facilities and amenities within the resort unlike AirBnB or VRBO rental programs. It is a big advantage for your guest. Gross rental numbers from owners: The following are the gross revenue income from previous owner. 2016: $151,748.85 2017: $133,741.45 2018: $148,137.91 2019: $127,906.39 2020: $90,746.10 (COVID) 2021: $136,883 2022: $188,573 2023: $130,823 YTD rental figures available.,Cherry Cabinets,Granite Counter,Fireplace in Living Room

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2006
  • Stories: 3
  • Living Area: 7,844 SqFt

Listing Office:

  • Office Name: WINTERGREEN REALTY, LLC
  • Office Phone: (434) 361-0500
  • Listing Agent: TIM MERRICK

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Interior: Entry Level Bedroom, Primary Bath(s)
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 9
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: Mountain(s), Other, Panoramic

Virtual/3D Tour

  • Virtual Tour: 122 Fernwood Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped, Private, Secluded, Wooded
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: I-64 to Crozet exit (Exit 107), take Rt. 250 West to Rt. 151 South to Rt. 664 West to main gate at Wintergreen. Follow Wintergreen Drive to the end. Turn right on Laurel Springs Dr. then left on Fernwood. House is toward cul-de-sac on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $198/SqFt

HOA Fees:

  • Amount: $2067
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in South River, VA.

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South River, VA

City

Med. List Price

$457K

Med. Price/SqFt

$230

Avg. Days On Market

101

# of Sold Homes

1

122 Fernwood Ln vs South River

122 DAYS ON ROCKET

+21 Days

$1,550,000

+$1.0M More

$198/SqFt

-$33 Less

KEY TAKEAWAY

This property is $1.0M more than the Median List Price and $33/SqFt less than other homes in South River, VA.

Based on homes listed in November 2024

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #656084

Listing Office:

  • Office Name: WINTERGREEN REALTY, LLC
  • Office Phone: (434) 361-0500
  • Listing Agent: TIM MERRICK

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,975

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-798248
8
/10

  • Rockfish River Elementary School

  • 200 Chapel Hollow Rd

  • 6.48 miles

  • Public District Grades PK-5

school-card-donut-798249
6
/10

  • Guy K. Stump Elementary School

  • 115 Draft Ave

  • 8.20 miles

  • Public District Grades PK-5

school-card-donut-798250
4
/10

  • Stuarts Draft Elementary School

  • 63 School Blvd

  • 8.65 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,097. Residents of South River, VA typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 122 Fernwood Ln

What is the listing price of this property?

The listing price of 122 Fernwood Ln property is $1,550,000.

What type of property is this?

The property 122 Fernwood Ln is a house located in Wintergreen, Virginia, 22967.

Is this property for sale now?

Active Listing: 122 Fernwood Ln is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 122 Fernwood Ln has 9 bedrooms and 9 full and 1 half bathrooms.

What is the square footage of this property?

The property 122 Fernwood Ln is 7,844 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 Fernwood Ln is 2006.

Rocket Homes›Virginia›Nelson County›South River›22967›122 Fernwood Ln

This home is located at 122 Fernwood Ln in Wintergreen, VA and zip code 22967. This 7,844 square foot home, which was built in 2006, sits on a 0.50 acre lot. Features: 9 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,550,000.

The number of homes for sale in South River, VA decreased by 33.3% between October 2024 and November 2024. In November 2024 median list price was $457,000 and the average listing age was 101 days.

From Rocket Homes Real Estate and based on county public records data.

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