Price Reduction - Views
Address
290 Spyglass Drive, Jonesville, VA
Price
$ 649,999
Property Attributes
- MLS#9991377
- TypeSingle Family
- Listing Status Active
- CountyLee
- CityJonesville
- AreaLee County
- NeighborhoodNot In Subdivision
- Zip24263
- StyleA-Frame
- Year Built2025
- Taxes$ 436
- Price$ 649,999
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage768
- Lot Size6.91 Acres
Data Source:
Tennessee Virginia Regional MLS (NETAR)
Property Description
TURNKEY AIRBNB INVESTMENT OPPORTUNITY -- 6-FIGURE NET INCOME & ROOM TO GROW! Step into an established, income-producing short-term rental destination where unique stays, modern amenities, and serious expansion potential come together in one incredible investment opportunity! Known as Flora's retreats, and located close to the World Famous Devil's Bathtub, Cumberland Gap State Park, and much more, come see what has guests coming back time and time again!!! Anchoring the property is a newly built 2-bedroom, 1-bath treehouse, offering guests the one-of-a-kind getaway experience today's travelers are searching for. In addition, the property features three fully equipped RV accommodations, creating multiple established income streams from day one. Each rental has been thoughtfully designed around the guest experience, with amenities including Wi-Fi, projector screens, private hot tubs, outdoor grills, and much more--making this a destination guests can enjoy without ever needing to leave the property. And the numbers make this opportunity even more exciting: the property currently nets six figures annually AFTER Airbnb/VRBO/site fees, offering a proven foundation for an investor looking for an established short-term rental business rather than starting from scratch. But the current operation may only be the beginning. The property offers multiple potential avenues for expansion, including: - Additional RV rental units - Yurts or other unique glamping accommodations - RV hookup sites - Zip-line or adventure amenities - Potential pond development - Additional outdoor recreation and guest experiences Whether you're an investor searching for a turnkey short-term rental business, an entrepreneur looking to build a full-scale glamping or adventure resort, or someone who recognizes the growing demand for unique destination stays, this property offers an exceptional combination of established revenue, memorable accommodations, and future potential. The guests are already coming. The income is already being produced. The infrastructure is in place. Now imagine where you could take it next. Opportunities to acquire an established Airbnb/VRBO destination with proven six-figure net income and substantial room for expansion don't come along every day. This isn't simply real estate--it's a business, an experience, and an opportunity to build something even bigger. Don't let such an opportunity pass you by, call your favorite agent and schedule our showing today!!! Buyer and buyers agent to verify all information in this listing. Subject to Errors and Omissions
| Elementary School | Middle School | High School |
|---|---|---|
| Jonesville Elementary School | Jonesville Middle School | Lee Co High School |
| Price History | |
|---|---|
| 2/19/2026 | Listed $1,595,000 |
| 6/29/2026 | 3$1,549,333 |
| 8/17/2026 | 58$649,999 |
General Features
| Sewer | Private Sewer |
|---|---|
| Heating | Heat Pump |
| Cooling | Heat Pump |
| Utilities | Underground Utilities |
| Roof | Metal |
| Zoning | R |
| Architectural Style | A-Frame |
| Construction Materials | Wood Siding |
| Year Built | 2025 |
| View | Mountain(s) |
| Topography | Level, Part Wooded, Sloped, Wooded |
| Property Subtype | Single Family Residence |
| County | Lee |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Not In Subdivision |
| Other Structures | Guest House,Outdoor Kitchen,Second Residence |
| Total Rooms | 4 |
| Full Baths | 1 |
| Status | Active |
| Directions | From Big Stone Gap travel US58 to Jonesville VA. Turn right onto Park St. Turn right onto state rd 649. Turn right onto spyglass Dr to enter property |
| High School | Lee Co |
| City | Jonesville |
| MLS Area | 513 - Lee County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 300999.6 |
| Elementary School | Jonesville |
| Home Warranty Y/N | false |
| Middle/Junior High School | Jonesville |
| Property Condition | Above Average |
| MLS Area Minor | 513 - Lee County |
| Structure Type | Cabin,House,Mixed Use,Multi Family |
| Standard Status | Active |
| Conventional | true |
| FHA | true |
| Financing_co_USDA_sp_Loan | true |
| Financing_co_VA_sp_Loan | true |
| Wood siding | true |
| Cash | true |
Interior Features
| Flooring | Hardwood |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| Total Baths | 1 |
Exterior Features
| Water Source | Public,Well |
|---|---|
| Lot Size Area | 6.91 |
| Building Area Total | 768 |
| Lot Dimensions | see acres |
| Lot Size Acres | 6.91 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 24263
Price
Taxes
Year Built
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026 All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information was updated September 14, 2026 1:44 AM UTC Some properties may subsequently have sold
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Great Smoky Mountains Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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Last Updated: September 14, 2026 1:55 AM UTC
