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390 SADDLEBACK KNL

nellysford, VA 22958

$1,500,000

  • 9 BR
    7 BA, 3 HALF BA
    approx. 11,884 SF

Interested? Let's Connect

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 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 9,935± 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.

OPEN HOUSE

08/14 12:00PM - 2:00PMAdd to Calendar

OPEN HOUSE

08/23 12:00PM - 2:00PMAdd to Calendar

Details

11,884 Sq Ft

5.05 Private Acres Lot Size

other

$2,178 Annually Maintenance/CC

$300 Monthly Tax

Built in 1992

MLS/Listing ID VANL2000720

Amenities & Features

Screens

Enclosed

Parking - Circular Driveway

Lot - Cleared

Lot - Private

Attic

Bar

Breakfast Area

Cedar Closets

Dining Area

Kitchen Island

Pantry

Built-in Range

Dishwasher

Dryer

Exhaust Fan

Microwave

Ice Maker

Freezer

Washer

Water Heater

Recessed Lighting

Skylights

Walk-in Closets

Heating - Electric

Carpet

Ceramic Tile

Hardwood

Fireplace

Cooling - Central Air

Construction - Cedar

Construction - Frame

Construction - Shake Siding

Construction - Wood Siding

Crawlspace

Ceiling Fans

Upgraded Countertops

Shingle

Slate

Hot Tub

Public Water

Style - Contemporary

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

HOME PRICE
DOWN PAYMENT
TERM
INTEREST

Interested In 390 SADDLEBACK KNL?

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 08/05/2026.
Source: Bright Multiple Listing Service, Inc.

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