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$ 2,200,000
Est. payment /mo
Active
158 Academy Lane Pence Springs, WV 24962
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11440704
Annual Tax Amount $14,311
Tax Year 2024
Property Description
The Pence Springs Resort Hotel (most recently known as the Greenbrier Academy) 158 Academy Lane, Pence Springs, WV 24962 Almost Heaven, Summers County, West Virginia. 140 Acres+/- This outstanding property is perfectly suited for many uses, including Hospitality, Retreat, Glamping, Private School, Boutique Hotel, Recovery Center, Corporate/Government Retreat, and much more! Nestled in the verdant hills of Summers County, West Virginia, the Pence Springs Resort Hotel is a grand symbol of luxury, health, and prosperity. From its beginnings as a resort for the wealthy elite to its decline and transformation, the hotel's history is interwoven with the story of the famed mineral springs that put this remote part of West Virginia on the map. HIGHLIGHTS • Many new renovations in 2025, including new solid oak hardwood flooring, ceilings, paint in the Grand Ballroom, the Grand Lobby, and more on the entry level • Historic hotel resort, state reformatory, hotel resort again, and most recently as Greenbrier Academy • 25,000 SF three-story hotel, recently used as an education center, lodging, and headquarters • A fantastic compound in the beautiful, quiet mountains of Summers County, West Virginia • Tremendous investment opportunity with endless possibilities of creating income in multiple ways • Huge commercial kitchen • Grand Ballroom/Dining room • Numerous Offices with incredible solid cherry hardwood floors on the entry level • Public water and sewer • 7400 SF fitness center and gymnasium • 6000 SF two-story arts and educational building with a large, wonderful, covered porch • Wonderful multipurpose sunroom • Incredible historic vaulted ceiling, Grand Lobby with a fireplace, and wonderful architecture • Beautiful, covered porches and decks • Lovely oak hardwood floors and woodwork in much of the building • The first and second floors have been remodeled with conference and meeting space, offices, and 20 rooms with shared restrooms • The third floor has the same footprint as the first and second levels • Full basement with walkouts • Miles of roads and trails to explore within 138 acres • 120 acres of forest with an emerging hardwood timber stand • Excellent hunting property • Mountain pond • Most recently used as a school for girls • Excellent opportunity for a retreat center, boutique hotel, education center, and a multitude of other uses • 60-room hotel/academy or many other uses • Listed on the National Registry of Historic Places • Possible historic tax credits available • 44,000 SF of finished buildings • World-class fishing and water recreation due to the three rivers that are nearby, the Greenbrier, Bluestone, and the Mighty New River • Bluestone Dam and Reservoir is a 15-minute drive • 10-minute drive to golf at the Hinton Elks Club at Willowood. • The newest National Park and Preserve in the US, the New River Gorge National Park and Preserve, is a 15-minute drive • Outstanding 2900 SF, eight-stall horse stable with electric and private well. • Huge, covered riding center • 13 mountain yurts for camping and outings • 44-minute drive to America's Resort, the famous Greenbrier Hotel and Sporting Club • 30-minute drive to historic Lewisburg • 1/4 mile to the beautiful Greenbrier River • Public water • Public sewer • Hinton/Alderson airport is within sight of the property. • The subject property adjoins the Pence Springs Flea Market • Easy walking distance to a convenience store and gas station • About 2 hours to Charleston, WV • About 2 hours to Roanoke, VA • 35-minute drive to Greenbrier Valley Airport at Lewisburg. Daily jet service • Recent improvements include the 2006 remodel, featuring modern vinyl windows, a propane furnace, and a hotel roof replaced about 5 years ago. Wonderful new renovations are ongoing.
Location
State WV
County 54089
Rooms
Kitchen 0
Building
Sewer Municipal
Water Municipal