2 Terrace Ln, Luray, VA, 22835
About This Home
BACK ON THE MARKET! Welcome to this beautiful Brick Cape Cod that combines classic charm with modern convenience. Located in convenient neighborhood. This home offers 2079 square feet of living space with 3 Bedrooms, 1 1/2 Baths, Formal Living Room with fireplace, Formal Dining Room, Kitchen, Sun Room, Laundry Room PLUS Full unfinished basement with plenty of potential for extra living space or storage . Original wood floors throughout, adding warmth and character. Fenced front yard ideal for outdoor activities or pets. Large rear yard, perfect for family gatherings, gardening, or enjoying the outdoors. Just minutes from local schools, shopping, and dining, this home is in an ideal location for easy access to everything you need. Whether you're a first-time homebuyer or looking to settle into a cozy and classic neighborhood, this Cape Cod offers the perfect balance of comfort and convenience. Don’t miss out on this gem—schedule a showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Foundation: Concrete Perimeter,Permanent
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range - Electric,Dishwasher,Microwave,Washer,Dryer,Electric Water Heater
- Laundry features: Has Laundry,Main Level,Washer In Unit,Dryer In Unit
Basement
- Area: 2079
Basement
- Has basement: Yes
- Basement: Walk-Out Access,Unfinished,Interior Entry,Exterior Entry,Garage Access
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Cedar Closet(s),Ceiling Fan(s),Floor Plan - Traditional,Formal/Separate Dining Room,Walk-In Closet(s)
- Window features: Double Pane Windows,Insulated Windows
- Flooring: Wood,Tile/Brick
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 2,079
Heating & Cooling
- Heating features: Baseboard,Oil,Electric
- Cooling features: Ceiling Fan(s),Window Unit(s),Electric
Interior Area
- Total structure area: 4,158
- Total interior livable area: 2,079 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 42A1114 7
- Zoning: R2
- Special condition: Standard
Features
- Levels: One and One Half
- Stories: 1
- Pool features: None
Lot
- Lot size: 0.32 Acres
- Features: Corner Lot/Unit
Parking
- Total spaces: 1
- Parking features: Basement,Garage Faces Rear,Attached,Driveway,Off Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
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
- Lightning
- Strong Wind
- Cold Wave
- Drought
- Hail
- Hurricane
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,618 | $19,416 |
| Home Insurance * | $121 | $1,452 |
| Property Taxes | $197 | $2,364 |
| Electricity | $202 | $2,433 |
| Total | $2,138 | $25,656 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $320,000 |
| 2026-05-06 | Listing removed | $320,000 |
| 2026-04-23 | Listed for sale | $320,000 |
| 2026-04-14 | Contingent | $320,000 |
| 2026-02-18 | Price change | $320,000 |
| 2025-10-15 | Price change | $330,000 |
| 2025-06-12 | Listed for sale | $340,000 |
| 2021-07-09 | Sold | $255,000 |
| 2021-06-01 | Contingent | $239,900 |
| 2021-06-01 | Pending sale | $239,900 |
| 2021-05-26 | Listed for sale | $239,900 |
For Sale by Agent
View on Zillow