Fort Ashby, WV 26719 7986 Frankfort Highway
$429,000



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Presented By: Coldwell Banker Home Town Realty
Home Details
Versatile Income-Producing Property on Over 2 Acres Unrestricted & Multi-Lot Opportunity
This exceptional residential property offers a rare blend of immediate income, flexibility, and future development potential. Situated on three unrestricted lots totaling just over 2 acres, the property features a two-unit residence ideal for investors, multi-generational living, or owner-occupants seeking rental income.
The upper apartment includes 3 bedrooms and 2 full bathrooms, while the lower apartment offers 2 bedrooms and 1.5 bathrooms. Each unit is equipped with separate water and electric meters, providing efficiency and ease of management. A new metal roof installed in 2015 adds long-term durability and peace of mind.
Previously utilized as a landscape supply yard, the property includes a heavy-duty gravel lot rated for tractor trailers and dump truck deliveries, offering exceptional parking and commercial-grade utility. An equipment building is already serviced with electric and water, with interior outlets in placeideal for storage, workshop use, or future expansion.
Outdoor living is elevated with a large wood-burning fireplace patio, complemented by an adjacent elevated patio perfect for grilling or a future outdoor kitchen. Mountain views and a natural stream running through the property create a peaceful setting while enhancing tenant appeal and long-term rental value.
Located in a high-demand market with proven rental performance, this property supports long-term rentals, short-term rentals, or conversion back to a single-family residence. The unrestricted zoning and multiple lots provide numerous opportunities for future development, expansion, or resale. Adding to the propertys upside, the current owner previously received county approval of a preliminary plan to add multiple rental cabins, highlighting the sites strong development potential
A truly rare offering combining income generation, unrestricted land, ample parking, and scenic surroundings in a sought-after location that's close to schools, shopping, dining and many area recreational landmarks.
Presented By: Coldwell Banker Home Town Realty
Interior Features for 7986 Frankfort Highway
Bedrooms
Bedrooms Count All Lower Levels2
Bedrooms Count Lower Level 12
Main Level Bedrooms3
Total Bedrooms5
Bathrooms
Bathrooms Half Main Level0
Bathrooms Half Lower Level 11
Bathrooms Half All Lower Levels1
Bathrooms Full Lower Level 11
Bathrooms Full All Lower Levels1
Bathrooms Count Lower Level 12.00
Bathrooms Count All Lower Levels2
Half Baths1
Total Baths4
Other Interior Features
LivingAreaSourceEstimated
Above Grade Finished Area2367
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
BasementOutside Entrance, Full, Fully Finished, Heated
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesAttic, Dining Area
Other Rooms
Room TypeLiving Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1
Room Details for 7986 Frankfort Highway
Bedroom 1
area
17 X 10
level
Main
description
Flooring - Carpet
Bedroom 2
area
13 X 11
level
Main
description
Flooring - Carpet
Bedroom 3
level
Lower 1
description
Flooring - Laminated
Bedroom 4
level
Lower 1
description
Flooring - Laminated
Dining Room
area
10 X 20
level
Main
description
Flooring - Carpet
Family Room
area
19 X 12
level
Main
description
Flooring - Carpet
Kitchen
area
14 X 16
level
Main
description
Flooring - Carpet
Living Room
area
20 X 15
level
Main
description
Flooring - Carpet
General for 7986 Frankfort Highway
Acceptable FinancingConventional, Cash
AccessibilityNone
Additional Parcels DescriptionSALE INCLUDES PARCEL 153, 154, 155
Additional Parcels Y/NYes
AppliancesDishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Architectural StyleRanch/Rambler
Bathrooms Count Main Level2.00
Bathrooms Full Main Level2
CityFORT ASHBY
Condo/Coop Association fee Y/NNo
Construction MaterialsVinyl Siding
Cool FuelElectric
CoolingHeat Pump(s)
CountyMINERAL
DirectionsROUTE 28 N OF FORT ASHBY ON THE WEST SIDE OF THE ROAD JUST PAST TURNER RUN ROAD
Full Baths3
Garage Y/NNo
HOANo
HeatingForced Air, Heat Pump(s)
Home Warranty Y/NNo
Levels2
Living Area2367
Lot Size Square Feet91040.00
Lot Size UnitsSquare Feet
New ConstructionNo
Other StructuresAbove Grade
OwnershipFee Simple
Patio/Porch FeaturesDeck(s), Patio(s)
PossessionSettlement
Price Per Sq Ft Total AG181.24
Property ConditionVery Good
Property TypeResidential
School DistrictMINERAL COUNTY SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameN/A
Tax Annual Amount869.0
Tax Assessed Value119100.0
Tax Year2025
Total SQFT2367
Vacation Rental Y/NNo
ViewMountain, Trees/Woods, Street
Water Access Y/NNo
Year Built1991
Year Built SourceEstimated
Zoning100
Exterior for 7986 Frankfort Highway
Exterior AmenitiesExtensive Hardscape
Foundation DetailsBlock
Lot FeaturesLandscaping, Stream/Creek
Lot Size Acres2.09
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOff Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
High School
Frankfort High School
Middle School
N/A
Gail Lantion
Agent
Price
$429,000
MLS#WVMI2003914
List Date
12/19/2025
Property Type
Single Family
Phone
(240) 513-5871
SQFT • 2,367