290 Spyglass Drive

Jonesville, VA
$ 649,999 Beds 2 Baths 1 Sq 768
Monthly Estimate* How much can I afford?

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

Active

  • Price
  • $ 649,999
  • City
  • Jonesville
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • Lee
  • Half Bathrooms
  • 0
  • Area
  • Lee County
  • Lot Size
  • 6.91 Acres
  • Zip
  • 24263
  • Sqr Footage
  • 768
  • Year Built
  • 2025
  • Taxes
  • $ 436
  • Style
  • A-Frame
  • MLS#
  • 9991377
Listed By: Park Hill Realty Group, LLC
Data Source: Tennessee Virginia Regional MLS (NETAR)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Johnson City, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Jonesville Elementary School
Middle School Jonesville Middle School
High 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

Property vs Zip Code Average in 24263

Price
AVG $360K
$650K
Taxes
AVG $1,323
$436
Year Built
AVG 1976
2025

Areas That We Cover

290 Spyglass Drive Jonesville, VA is a Single Family Home for sale at $649999 with 768 sqft and a lot size of 6.91 Acres Acre(s). 290 Spyglass Drive Jonesville has 2 bedrooms, 1 baths and was built in 2025. The property's zip code is 24263 which is in Jonesville, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.