390 SADDLEBACK KNL, NELLYSFORD, VA 22958 - Furnace Ridge Property Group

$1,500,000

Top-Tier Airbnb, Income-Producing Blue Ridge Mountain Estate List price is a suggested opening bid, not the final sale price, subject to seller confirmation. 10% buyer's premium added to the high bid. Property being sold As-Is, outside any lender-required repairs. Virtual auction ends August 28th at 12 PM. Check the listing… Read More company website for full terms, COMPLETE property info, Renovation Information, complete due diligence packets, and HOA Info. THREE WAYS TO BID. Bid on an individual tract or the entirety; the property sells in the combination producing the highest total. Item 1, The Entirety: the residence plus all 5.05 acres, including the Black Walnut Trail lot. Item 2, The Residence Only: on approximately 3.05 acres. Item 3, Buildable Lot: the 2-acre lot on Black Walnut Trail - potentially two buildable lots per the HOA, due to the original subdivision layout of four parcels before they were combined; confirm with the County and HOA. Further subdivision is subject to WPOA and Nelson County approval. A BLUE RIDGE ESTATE THAT LIVES BEAUTIFULLY - AND PERFORMS EXCEPTIONALLY. Refined mountain living paired with documented short-term rental income in Stoney Creek at Wintergreen. Minutes from Wintergreen Resort's ski slopes and championship golf, close to renowned vineyards, breweries and restaurants, near Lake Monocan's beach, and approximately 45 minutes from Charlottesville. Equally suited as a second home, family retreat or future retirement residence. Buyers may retain the existing professional management team; 16 reservations ( $129,000) are already booked. Furnishings available for separate purchase. ESTATE OVERVIEW: Custom contemporary mountain estate (built 1992) at 9,935b1; total sq ft, with 7 bedrooms, 6 full and 3 half baths, and as many as 10 rooms configured to sleep guests - accommodating 16-25+ across three expansive levels. Top-tier scale in a market where large, amenity-rich homes consistently outperform smaller inventory. Standout spaces include a movie/theater room, basement game room, rec room, sunroom, coffee/wet bar, dedicated office, loft, breakfast nook, mudroom and multiple laundry areas. FEATURES: Four fireplaces across the main living, dining and upper-level gathering rooms. Private hot tub with expansive multi-level composite decking. Two screened porches, oversized decks, open porch and courtyard. Cathedral ceilings and two separate living areas. Attached multi-car garage plus additional built-in garage space, with private parking for up to 8 full-size vehicles. Whole-house generator. County water (Aqua) and septic. Mountain, lake and wooded views in a private, park-like setting. Wintergreen community access to golf, tennis, biking and hiking trails, swimming, skiing and year-round maintenance services. PROVEN RENTAL PERFORMANCE - established and verifiable, not a pro-forma projection; full P&L provided. Gross rental revenue 2023-2025: approx. $750,497. Net operating income 2023-2025: approx. $420,013. By year (gross / NOI / ADR): 2023 $277,904 / $161,610 / $1,943. 2024 $229,250 / $124,276 / $1,777. 2025 $243,343 / $134,127 / $1,947. 2026 YTD plus forecast $278,561 / $160,381 / $2,444. Already booked Jul-Dec 2026: approx. $129,465 across 16 confirmed reservations. Airbnb 4.97 stars across 76 reviews; Wander 5.0 stars across 142 reviews. Strong year-round occupancy driven by skiing, golf, wine country, hiking and regional tourism. Variability reflects seasonality and ongoing rate optimization. CAPITAL IMPROVEMENTS - approx. $203,750 invested by current ownership: back deck 2023, $44,000; square footage added 2022-2023, $34,800; interior painting 2024-2025, $29,500; full bathroom addition 2023, $27,250; bedroom addition 2022-2023, $23,450; exterior painting 2024-2025, $18,750; landscaping 2024-2025, $16,500; new lighting 2023, $9,500.New HVAC 2023, renovated kitchen 2023. Read Less

Courtesy of Tim O. Dudley, Dudley Auctions Inc 757-651-1729

Listing Snapshot

Days Online

Last Updated

Jul 29, 2026

Property Type

Single Family Residential

Beds

Full Baths

Partial Baths

Square Ft.

11,884

Lot Size

5.05 Acres

Year Built

1992

MLS Number

VANL2000720

Additional Details

Appliances & Equipment

Built-In Microwave, Built-In Range, Commercial Range, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Freezer, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Gas, Six Burner Stove, Washer, Water Heater

Basement

Connecting Stairway, Fully Finished, Garage Access, Heated, Interior Access, Outside Entrance, Space For Rooms, Walkout Level, Windows

Building

Built in 1992, Built in 2025 (effective), Living area: 11884, Levels: 3, Construction Materials: Frame, Cedar, Combination, Composition, Shake Siding, Wood Siding

Cooling

Central A/C

Doors

Storm, Insulated

Accessibility Features

None

Exterior Features

Patio/Porch Features: Balconies- Multiple, Porch(es), Deck(s), Enclosed, BBQ Grill, Chimney Cap(s), Extensive Hardscape, Exterior Lighting, Gutter System, Hot Tub, Play Area

Fireplaces

4 fireplaces, Gas/Propane

Floors

Hardwood, Carpet, Ceramic Tile, Partially Carpeted

Foundation

Crawl Space

Garage

3 spaces

Heating

Heat Pump(s)

Home Owner's Association

Association Fee: $2,178, Fee Frequency: Annually, Amenities: Beach, Bike Trail, Basketball Courts, Club House, Common Grounds, Golf Course, Golf Club, Jog/Walk Path, Lake, Picnic Area, Water/Lake Privileges, Tennis Courts, Swimming Pool

Interior Features

2nd Kitchen, Attic, Bar, Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Tub Shower, Breakfast Area, Built-Ins, Carpet, Cedar Closet(s), Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Store/Office, Upgraded Countertops, Walk-in Closet(s), WhirlPool/HotTub, Wood Floors

Lot

5.05 acres, Adjoins - Open Space, Backs to Trees, Cleared, Fishing Available, Private, Subdivision Possible, Year Round Access

Parking

Asphalt Driveway, Circular Driveway

Property

Good, Other structures: Above Grade, Below Grade, Lake, Mountain, Panoramic, Trees/Woods

Roof

Shingle, Slate

Sewer

Private Septic Tank

Taxes

Additional parcels description:, Annual Amount: $3,600, Year: 2022, Zoning: R

Utilities

Cable TV, Propane, Water Available, Water Source: Public, 200+ Amp Service

Windows

Insulated, Screens, Skylights, Storm, Wood Frame

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