A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
THE TOWNES AT BLUESTONE
Taylor Spring • The Townes at Bluestone
Sales Per Year....
| 2026 | 0 (ytd) | |
| 2025 |
|
7 |
| 2024 |
|
4 |
| 2023 |
|
9 |
| 2022 |
|
13 |
| 2021 |
|
8 |
| 2020 |
|
24 |
Median Sales Price....
| 2026 | $0 | |
| 2025 |
|
$345,000 |
| 2024 |
|
$319,950 |
| 2023 |
|
$318,000 |
| 2022 |
|
$310,000 |
| 2021 |
|
$279,450 |
| 2020 |
|
$254,088 |
Sample The Townes at Bluestone Investment Analysis....
| Property Details | ||
| Purchase Price | $345,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,800 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $20,736 | |
| Expense (Annual) | ||
| Real Estate Taxes | $3,105 | estimate based on median sales price |
| Repairs | $900 | estimate based on typical property condition |
| Association Dues | $360 | estimated to be $30 per month |
| Property Management | $0 | assuming self management |
| Insurance | $1,242 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $5,707 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $20,736 | |
| - Operating Expenses | - $5,707 | |
| Net Operating Income | $15,029 | |
| - Annual Debt Service | - $23,460 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-8,431 | |
Sales in the Past 36 Months....
| Dec 26, 2025 | 376 Tanzanite Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,760 SF | $345,000 |
| Nov 12, 2025 | 2208 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 2,178 SF | $370,000 |
| Oct 24, 2025 | 2181 Deyerle Ave, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 2,500 SF | $375,000 |
| Jul 25, 2025 | 375 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,656 SF | $323,250 |
| Jul 1, 2025 | 314 Sapphire Dr, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,596 SF | $342,000 |
| May 19, 2025 | 2208 Deyerle Ave, Harrisonburg, VA 22801 | 4 BR | 3.5 BA | 2,403 SF | $370,900 |
| Feb 28, 2025 | 2237 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,250 SF | $325,000 |
| Sep 13, 2024 | 2244 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,632 SF | $312,500 |
| Sep 3, 2024 | 2245 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,416 SF | $325,900 |
| Aug 7, 2024 | 2234 Lapis Ln, Harrisonburg, VA 22801 | 2 BR | 3 BA | 2,208 SF | $315,000 |
| Feb 16, 2024 | 342 Sapphire Dr, Harrisonburg, VA 22801 | 3 BR | 3 BA | 2,311 SF | $324,900 |
| Dec 8, 2023 | 332 Sapphire Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,680 SF | $315,000 |
| Oct 10, 2023 | 2245 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,122 SF | $326,000 |
| Sep 26, 2023 | 348 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 2 BR | 3 BA | 2,148 SF | $312,500 |
| Aug 22, 2023 | 373 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,456 SF | $320,000 |
| Aug 1, 2023 | 2210 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,160 SF | $330,000 |
| Jul 21, 2023 | 2214 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,076 SF | $319,900 |
| Jul 3, 2023 | 388 Tanzanite Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,144 SF | $318,000 |
| Jun 26, 2023 | 2242 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,340 SF | $317,000 |
| Mar 15, 2023 | 361 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 4 BR | 3.5 BA | 2,448 SF | $311,000 |
Current Listings....
351 Blue Stone Hills Dr
3 Beds • 3 Baths • 1 Half Baths
2,277 livable square feet
$349,900 (For Sale)
Listing By: Funkhouser Real Estate Group
Neighborhood Map....