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901 Riverside Ave, Grottoes, VA, 24441

5beds
3baths
3,336sqft
$749,900
$225price/sqft
$4,840/moest. monthly cost
$193,600/yrincome needed

About This Home

Active Airbnb - Riverfront living with mountain views—impeccably designed and decorated! This Grottoes retreat features gently sloped South River frontage and reflects the surrounding natural beauty. Fully renovated in 2024, you’ll find thoughtful touches like river rock tile, custom window treatments, stone fireplace, beamed ceilings, and a basalt boulder centerpiece excavated from the land. The open kitchen includes granite countertops, one large island and oversized bar, stainless appliances, built-in wine racks, and a cozy beverage bar. Upstairs offers two bedrooms (one with en-suite), an office, and spa-like bathrooms. The walk-out basement includes more sleeping quarters, another en-suite with full bath, and large flexible living spaces. Outdoors, explore your 1.5-acre lot! Enjoy Class A trout fishing steps from your door—stocked 8 times a year. Kayak from your backyard to John Painter Park or Port Republic. See Blue Ridge Mountain sunrises from the front, river and farmland sunsets from the back patio. No HOA. Not in floodplain.  A rare fully approved turn key short term rental in the town of grottoes.  Ideal for high-income buyers seeking a peaceful riverside retreat with potential bonus depreciation benefits (consult CPA)

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

5/10
2/10
Elkton Middle SchoolGrades 6-815.3 mi
7/10
East Rockingham High SchoolGrades 9-1213.2 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2003

Materials

  • Foundation: Block
  • Roof: Composition,Shingle
  • Construction materials: Brick,Stick Built

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Oven,Convection Oven,Dishwasher,Electric Cooktop,Microwave,Refrigerator,Dryer,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Finished,Heated,Interior Entry,Walk-Out Access

Bathroom

  • Level: First

Bathroom

  • Level: Basement

Bedroom

  • Level: Basement

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Family Room

  • Level: First

Features

  • Primary Downstairs,Multiple Primary Suites,Remodeled,Kitchen Island,Recessed Lighting,Utility Room,Vaulted Ceiling(s)
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Fireplace features: Gas Log
  • Fireplace: Yes
  • Finished area below ground: 1,224
  • Finished area above ground: 2,112

Heating & Cooling

  • Heating features: Baseboard,Electric,Oil
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,440
  • Total interior livable area: 3,336 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bathroom

  • Level: First

Master Bedroom

  • Level: First

Recreation

  • Level: Basement

Utility Room

  • Level: Basement

Property

Details

  • Parcel number: 159/ 4/ / 3/
  • Zoning description: Town
  • Exclusions: Wall hanging above primary bed.

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Front Porch,Porch
  • Has view: Yes
  • View description: Mountain(s),Residential
  • On waterfront: Yes

Lot

  • Lot size: 1.50 Acres
  • Features: Level,Waterfront

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Drought
Heat Wave
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,791$45,492
Home Insurance *$194$2,328
Property Taxes $534$6,408
Electricity $321$3,855
Total$4,840$58,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$165,942/yr
40% on housing$145,200/yr
45% on housing$129,066/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$225This listing

vs Other Active Listings

Avg $/sqft

ZIP 24441$126
Rockingham County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 24441$184
Rockingham County$197

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-01Price change$749,900
2026-02-26Price change$799,900
2025-04-06Listed for sale$799,000
2022-02-04Sold$0
2021-11-23Pending sale$399,900
2021-11-04Price change$399,900
2021-10-12Listed for sale$410,000

For Sale by Agent

AgentMattias Clymer
BrokerageFunkhouser Real Estate Group

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