Investment Properties

Experience the ULTIMATE lakefront retreat! This stunning three-level residence is not only a breathtaking escape but also an exceptional investment opportunity, generating $200,000+ annually in rental income. This unforgettable 6-bedroom, 4-bathroom home comfortably accommodates large families, guests, or anyone you'd like to enjoy the waterfront masterpiece with. The bright, open vaulted floor plan is framed by walls of windows showcasing panoramic water views and filling the home with natural light. The main level offers a beautifully appointed kitchen ideal for entertaining, an expansive living room with a 65'' LED TV, and seamless access to the covered veranda. Upstairs, a dramatic vaulted walkway leads to additional rooms and a full bath, while the lower level is built for entertainment with a large recreation room featuring a pool table, foosball, wet bar, and another 65" LED TV. Outdoor living is where this home truly shines. Multiple covered decks and patios span all three levels, including a spectacular main-level veranda with a stone fireplace, outdoor TV, dining area, and Adirondack seating overlooking the water. Enjoy evenings in the 8-person Hot Springs hot tub, gather around the lakeside fire pit, or relax on the lower-level patio with bar seating. The private covered dock includes a boat slip, upper sun deck, private swim area, and paddle boards, making lake days effortless and unforgettable. Sold fully furnished and masterfully updated, this home is turnkey and ready for continued rental success or personal enjoyment. Ideally located with easy road and lake access, and just minutes from wineries, marinas, dining, hiking trails, and family-friendly activities, this home will deliver you both luxury and lifestyle. Even better? The seller is willing continue with luxury property management after the purchase- ensuring a seamless transition into your awaiting rental income! This getaway is your STAY-away-- combining rental income opportunity and an opulent way of living to make vacation living simply your way of life! All information to be independently verified by buyer and buyer's agent.

212 Driftwood Ct, Moneta

$1,599,000

4 Beds ⋅ 4 Baths ⋅ 929820 MLS

Welcome to 6015 Smith Mountain Road, this beautiful lakefront home is located at the foothills of Smith Mountain, gorgeous wide water and mountain views all around, natural sand beach, double slip dock w/floater, fire pit, hot tub, it has it all, plans already approved for an infinity pool overlooking the lake, included is a vacant lot fronting Smith Mountain Road for total acreage of 1.19+/- acres, many possibilities for the vacant lot, you will always feel like you're on vacation at 6015 Smith Mountain Road, Penhook, VA, this property and the surroundings are simply amazing, no homeowner's association, rental income $60K+ per season, furnishings included, decorated as 5 bedrooms, storage building, paved drive, much more to see, make your appointment today!

6015 Smith Mountain Rd, Penhook

$1,599,999

4 Beds ⋅ 5 Baths ⋅ 927825 MLS

Exceptional Smith Mountain Lake luxury waterfront home in Goodview, VA, offering approximately 505 feet of shoreline, panoramic water views, extraordinary deep water and an impressive three-slip covered dock with lakeside cabana. This exceptional Smith Mountain Lake retreat offers the combination buyers search for but rarely find: a private point lot, panoramic lake views, extraordinary shoreline, exceptionally deep water, a 3-slip covered dock and a beautifully updated home with more than $500,000 in improvements since 2022. And the deep water is not just a full-pond statistic. Current water depth at the dock is approximately 25', and the sellers have had no difficulty getting their boats in and out throughout the summer. For buyers concerned about fluctuating lake levels, this property offers remarkable waterfront usability. The impressive 3-SLIP COVERED DOCK features remote-controlled boat lifts, Trex decking, generous lounging areas and a lakeside cabana--creating an incredible waterfront destination for boating, entertaining and relaxing. Inside, the all-brick home has been extensively transformed with a thoughtfully designed open floor plan and TWO ENTRY-LEVEL PRIMARY SUITES, offering exceptional one-level living while still providing abundant room for family and guests. Improvements include a completely remodeled kitchen with high-end appliances, refinished hardwood flooring, beautifully updated baths, designer lighting, fresh paint and remote-controlled blackout blinds in the primary suites. The lower level functions beautifully as a second living space with 2 additional guest bedrooms, full bath, spacious family room, SECOND KITCHEN and laundry, making it ideal for extended family, guests, multi-generational living or anyone who appreciates having separate living areas. Outdoor spaces were designed to take full advantage of the incredible setting. Enjoy an expansive lakeside deck, screened porch, covered patio, brick firepit gathering areas, professional landscaping and spectacular panoramic views across approximately 505' of shoreline. Additional features include a Generac whole-house generator, dual-zone HVAC, Nest thermostat, whole-house water filtration, security system and cameras, abundant storage, additional garage space ideal for a golf cart or lawn equipment, storage shed, new gutters and extensive exterior improvements. The approximately one-acre point lot provides privacy and usable outdoor space while the property's location offers excellent access to both the lake and surrounding cities. Convenient to Roanoke, Bedford and Lynchburg, with easy access toward I-81. Approximately 3 hours to Richmond and Raleigh and 4 hours to Washington, D.C. The current owners have never used the property as a rental, and short-term rentals are permitted in the area, providing additional flexibility for buyers seeking a primary residence, second home or luxury vacation property. Not all waterfront is created equal. Approximately 505' of shoreline, a private point setting, approximately 25' of water currently at the dock, panoramic views, a 3-slip waterfront setup and more than $500,000 invested in improvements make this a truly distinctive Smith Mountain Lake property.

2245 Thomason Ln, Goodview

$1,625,000

5 Beds ⋅ 5 Baths ⋅ 928028 MLS

Exceptional waterfront retreat with Good Deep Water and a great short-term rental history on Smith Mountain Lake! Designed for entertaining, this spacious 5 bed, 4.1 bath home offers three ensuite bedrooms, expansive indoor and outdoor gathering spaces, and a huge dock with deep water. Owners currently have a 4 bedroom septic system and are working on getting a 6 bedroom septic permit if the buyer would like to expand the septic system for extra rental income. The oversized gourmet kitchen features a large eat-in countertop, huge island that makes it the perfect space to cook and gather together. The great room showcases soaring cathedral ceilings and a stunning masonry wood burning fireplace, while the lower-level family room includes a wet bar and gas fireplace. A 3-car garage provides storage for vehicles and lake toys. Whether you're searching for a full-time residence, vacation getaway, or investment opportunity, this property delivers the best of lake living. Sold furnished except sellers personal items. Home is sold turn key with everything but owner's personal items and items in owner's storage closet in primary bedroom on the upper level. Decorated as a 5 bedroom home with a 4 bedroom septic. Propane Hook up for the grill on the upper deck. Great Room Fireplace is Wood Burning. Family Room is a gas fireplace. 8 Person Hot Tub. Stainless Steel Appliances & Granite Countertops. Huge covered front porch with corn hole and lots of space to hang out! Very convenient to restaurants, shopping and medical facility and grocery store.

1325 Nicholas Ln, Moneta

$1,649,900

3 Beds ⋅ 2 Baths ⋅ 931314 MLS

FANTASTIC POINT LOT WITH A WONDERFUL VIEW OF THE MAIN CHANNEL AND SUNSET. THE PROPERTY HAS BEEN WELL MAINTAINED AND HAS A LEVEL, PARK LIKE SETTING LOT WITH MANY TREES FOR SHADE. HOME HAS SEVERAL AREAS TO ENTERTAIN BOTH INSIDE AND OUTSIDE. KITCHEN HAS BEEN UPDATED AND NEW FLOORING HAS BEEN ADDED IN ALL THE BEDROOMS. WOULD BE A GREAT FAMILY GET AWAY OR COULD BE AN INVESTMENT FOR SHORT TERM RENTAL. PROPERTY HAS A PIER ON THE MAIN CHANNEL SIDE AND A DOUBLE SLIP DOCK ON THE COVE SIDE. HOME SOLD FURNISHED MINUS SELLERS PERSONAL ITEMS. CONVENIENTLY LOCATED NEAR FOOD LION, THE LIBRARY, AND THE POST OFFICE, MAKING EVERYDAY ERRANDS AND ESSENTIALS JUST MINUTES AWAY.

307 Lakewood Dr, Moneta

$1,650,000

3 Beds ⋅ 4 Baths ⋅ 930802 MLS

WOW is the best word to describe this beautifully renovated waterfront home with stunning sunset views! Situated on a level lot, this property features new windows, doors, siding, heat pumps, electrical, plumbing, appliances, cabinetry, light fixtures, and flooring. Three composite-decked outdoor spaces overlook the water, while the lower-level concrete patio with metal ceilings provides an ideal entertaining area. The home offers an open-concept main level with vaulted ceilings, hardwood floors, kitchen, dining area, office or den, and half bath. The upper level includes a vaulted primary bedroom, tiled full bath, walk-in closet, laundry, sitting room, and two walkout decks. The lower level features a great room, small kitchenette, second primary bedroom, third bedroom, full bath, and expansive water views. Enjoy direct access to the water via the single-slip dock with floater and recently updated boat lift and cables. A small beach area provides easy access for kayaks and floats. Three-bedroom septic system. Short-term rentals permitted. No rental history due to owner occupancy. Room for a future detached garage. Incredible waterfront setting and unforgettable sunsets! 3 BR septic and room for future expansion of double car garage. Subdivision features tennis courts and RV parking along with storage area.

202 Lake Pine Dr, Moneta

$1,695,000

5 Beds ⋅ 3 Baths ⋅ 927230 MLS

Seller wants this home SOLD THIS WEEKEND!!!! HUGE price reduction of over $260,000.00. Prior 2024 professional appraisal was for $1.9M. Never worry about water depth at this home's double slip party deck dock! Water depth at back of slips at full pond is approximately 18'. Meticulously maintained & MOVE IN READY! This short-term rentable home (never rented before though) offers 392' of shoreline & deep water + privacy, sunset & wide water views! Decorated as 5 BR's w/ 7 incredible covered decks. Fiberglass entry door w/side panels & water views the minute you walk in! Entry level boasts beautiful hardwood floors, cathedral ceiling in dining area, primary BR option, new hardwood stairs, enlarged luxury kitchen w/ SS & quartz countertops. Upper lofted family room & 3 additional BR's w/ deck access. Stairs to attic. Finished lake-level w/ LVP, wet bar w/ granite, frig & icemaker, custom entertainment center & optional 5th BR. Newer HVAC's. Paver-stone firepit patio & walkway from the house-no stairs to the walkway of the dock (new composite on party deck). Prior appraisal in 2024 was $1.9M. Welcome to your Dream Home on Smith Mountain Lake One of the most captivating & beautiful homes on Smith Mountain Lake awaits its very fortunate new owner. As you enter the paved driveway, enjoy the private natural setting & first view the home from a distance, you know you are about to experience something very special. This custom designed Tudor style home was thoughtfully designed by the original owner & world-renowned artist David Heath. It offers a captivating first impression with its beautiful design & extensive seven covered porches which were built of kiln dried wood & cover approximately 1640 square feet of space to relax & enjoy the natural setting & astounding lake views. All covered decks & their ceilings were just repainted with multiple coats of exterior paint by the current owner. All three levels of this fabulous home offer incredible spaces inside & out to enjoy the spectacular panoramic water views & breathtaking sunsets. As you approach the tiled covered front porch you will notice the beautiful new fiberglass entrance door with glass side panels. This porch wraps around the right side & back corner of the home, offering beautiful views of the lake, as well as access to the main level primary bedroom. The tiled covered front porch offers about 344 square feet of space & the lakeside lower covered patio is another 770 square feet of incredible outdoor space. There is also an exterior storage closet built on the patio level. The current owner added paver stone walkways from the home to the fire pit patio & to the double slip party deck boat dock. Upon entering the home, you are welcomed by a huge view of the lake through the great room & dining area with a cathedral ceiling & an abundance of doors & large windows to enhance the home with natural light & to offer lake views from virtually every room in the home. Although you will likely find yourself mesmerized by the panoramic water views & will not want to turn away from the views, there is much more to see! This area opens onto the right corner covered back deck, as well as the larger lake facing covered deck that wraps around the left side of the home & exits on the driveway next to the garage. A new gourmet kitchen renovation was completed several years ago, which updated & enlarged the kitchen with the thought of family & friend gatherings in mind. This project required the installation of a load bearing beam in the ceiling, which was engineered by Metwood. The kitchen's custom cabinets are topped with beautiful quartz countertops. Cabinets & drawers are soft close. Stainless steel appliances include an under counter microwave drawer, refrigerator & dishwasher. Propane gas range with 6 burners & kettle faucet & a stainless steel range hood. A beautiful large center island is the focal point & makes a wonderful gathering space in this incredible kitchen. The beautiful & stylish tiled back splash makes a statement & is the perfect backdrop to this gorgeous kitchen. The current owners use the main level bedroom as their primary bedroom. This room opens onto the right corner covered deck. The main level full bathroom shower was replaced with a beautiful, tiled shower & the vanity was replaced also. Mirror above vanity, which shows in pictures, does not convey & will be tastefully replaced. Two car garage with stained floors, side entry door, views of the lake & stairs to huge lower level Metwood storage room area below. Wooden stair treads were custom made & finished replacing the two sets of stairs to the second floor that were formerly carpeted. One set of stairs goes to the open loft upstairs living room & the other goes to the former art studio with cathedral ceiling which would make a fabulous primary bedroom. *Carpeted living room with balcony overlooks the dining area & offers fabulous water views & access to an incredibly charming front-covered deck. *The first of three second floor bedrooms is carpeted & offers a large closet (that could be utilized to create another bathroom) & a private side-covered deck with lake views. *The second bedroom is another primary bedroom option, is carpeted & offers a Jack & Jill full bath, walk in closet with lake view & access to the large covered rear deck overlooking the lake. *The third bedroom (former an art studio) has a cathedral ceiling with wood beams & shares access to the Jack & Jill full bath. This room offers access to the front & rear covered decks, as well as to the third-floor balcony area & attic which could be finished into an incredible home theatre, game room or whatever is desired. The possibilities are intriguing. This space could have its own private bathroom & offers plumbing for a sink & access to the bathroom plumbing next to it, which could be utilized for this purpose. Walk down to the more recently finished walk-out lower level of the home to experience a beautiful & relaxing living room space with a custom wet bar with quartz countertops. Kick back & relax enjoying TV which would be mounted in the beautiful custom built-in entertainment center. Tile entrance foyer from the lake to the full bathroom with tiled floor, shower & new vanity. The optional fifth bedroom offers a closet & doors that open onto the patio. Large workshop area via a Metwood system under the garage. This space could be finished & would also make an incredible home theatre or game room. This space has a stairway to the garage & is also accessible from the patio. The lakeside lower covered patio is another 770 square feet of incredible outdoor space. There is also an exterior storage closet built on the patio level. The current owner added paver stone walkways from the home's patio to the paver tone fire pit patio & to the double slip party deck boat dock. The dock pre-dates the Shoreline Management Plan & its requirement for a boat dock permit to be obtained through APCO, so there is no need for a permit to be assigned to the new owner at closing. The walkway & party deck were recently replaced with Timbertech composite decking. The party deck has a step-down lower level which allows for extra incredible lake views. Lower level of dock offers higher than normal ceiling height which allows added elevation of your boats (a really nice feature during elevated water events, so there is no potential for boat damage). The lower level also offers an abundance of stationary decking space for entertaining guests. Storage room with electricity - the current refrigerator is not included. Lake water pump is included. Extra features: No POA (Property Owners Association) Central Vacuum system This home is served by a 4-Bedroom septic system making it an incredible investment property with potential use as a short-term vacation rental property. This home has never been rented out by either of its owners. Liner in the well shaft for extra clear high-quality water. Multiple (5) exterior faucets supplied with lake water via a pump in the boat storage room, throughout the yard.

6641 Horseshoe Bend Rd, Goodview

$1,899,000

5 Beds ⋅ 4 Baths ⋅ 928617 MLS

Don't miss this custom-designed, fully furnished residence ideally situated just minutes from Hales Ford Bridge, offering effortless access to shopping, dining, marinas, and the very best of lake living. Whether you're seeking a full-time residence, a private retreat, or an income-producing investment, this exceptional new construction seamlessly blends modern architecture with high-end finishes. Bathed in natural light, the open-concept layout is complemented by lush landscaping and thoughtfully curated designer details throughout. The chef's kitchen is a true showpiece, featuring upgraded appliances, a striking copper backsplash, and statement lighting that elevates the space. Indoor-outdoor living is reimagined with premium finishes at every turn, creating a seamless connection to the surrounding beauty. The main-level primary suite is a serene sanctuary, complete with stunning views and private outdoor access. Upstairs, a spacious loft is joined by two well-appointed bedrooms and a full bath, offering comfort and flexibility for guests. The terrace level is designed for entertaining, featuring a wet bar, full bath, second laundry, expansive recreation space, an additional bedroom, and a large patio. A versatile bonus room provides the perfect option for a bedroom, office, or den. Connected to county sewer--eliminating guest limitations often associated with septic systems--this property offers added convenience and flexibility. Short-term rentals are permitted with approval through Bedford County, presenting an outstanding investment opportunity.

16358 Moneta Rd, Moneta

$1,925,000

5 Beds ⋅ 4 Baths ⋅ 931548 MLS

Some homes have a warmth you feel the moment you walk through the door. Built just four years ago, this three bedroom lakefront home has the character of a much older home, with handcrafted details and reclaimed wood that bring a little history into every room. White oak from a West Virginia barn found new life in the floors, trim, kitchen cabinets, the kitchen island and the front and interior doors. Each piece contributes to the warmth and character that make this home feel so personal. Designed for one level living, the open floor plan and vaulted ceilings provide plenty of room to gather. The large kitchen island is a natural spot for conversation while meals are prepared, and the walnut ceiling above the dining table gives shared meals a beautiful setting. Walnut shiplap above the stone fireplace and Virginia Heart Pine ceilings and walls add rich texture throughout. In the third bedroom, currently decorated as an office, original shiplap from an early 1900s warehouse in Selma, Alabama brings another chapter of history into the home. A generous walk-in pantry and walk-in closets add everyday convenience, while 2x6 construction and an exterior of Hemlock harvested from western Pennsylvania reflect the care behind its construction. That same warmth extends outdoors, where spacious decks invite shared meals and unhurried afternoons overlooking the lake. On cooler evenings, the porch's wood burning fireplace offers a favorite place to settle in and enjoy the long water views. The gentle lot makes getting to the water easy, and a new dock is currently under construction. With Smith Mountain close by, this is a setting for those who love fishing, time outdoors and having room to roam. Even the storage shed has rustic character, with space for fishing gear, outdoor equipment or a workshop for your favorite hobbies. The three included lots offer acreage and more than 300 feet of waterfront, with additional lots available for greater privacy, a family compound or future resale. The detached garage's two bedroom apartment offers an opportunity to renovate to suit your needs, whether as a separate place for extended family, guest accommodations or a source of additional income. Whether it becomes your full time home, a retreat to share with family and friends or a potential short term rental, this is a special property with craftsmanship you can see and warmth you can feel. Please Note: This property is being offered in two different ways. This listing includes a 2-lot package: one waterfront lot and one off-water lot. If you are looking for more acreage or a larger family compound, the seller is also offering an expanded 3-lot package that adds a second waterfront lot under MLS #932235

214 Saunders Point Rd, Huddleston

$1,995,000

5 Beds ⋅ 3 Baths ⋅ 931048 MLS

Mountain Majesty! One of Smith Mountain Lake's premier waterfront settings, offering breathtaking panoramic lake and mountain views. This exceptional property features a very gently sloping lot with a paved driveway extending all the way to a large double-slip dock in deep, pristine water. A major advantage of this deep-water setting is that the dock remains dockable even with Smith Mountain Lake's current extremely low water level. An extraordinary combination of spectacular scenery, easy lake access, and one of the most desirable waterfront settings on Smith Mountain Lake. Being sold Turn-Key! This home has traditional 2-story beginnings, with the entire lakeside of the home opened up, bringing the panoramic lake and mountain views front and center throughout the home. Since purchasing in 2020, the Sellers have completed nearly $500K in improvements and renovations, including a new custom kitchen, 3 custom bathrooms, hardwood flooring, new ceilings, recessed lighting and fans throughout, new roofing, a new screened porch, dock roof, and gutters. With multi-million-dollar waterfront properties surrounding it, this home offers a rare opportunity to purchase on one of Smith Mountain Lake's most exclusive streets at a significantly lower price point. The combination of the location, substantial improvements, established vacation rental history, & surrounding property values creates excellent long-term value potential. The home is also an established vacation rental. The entry level features a fully renovated eat-in kitchen, dining room, formal living room & sunroom, all open to one another, creating an excellent entertaining area. The enormous lakeside primary suite features a large, renovated bathroom & a lakeside screened porch. Two guest bedrooms are located on the opposite side of the home, including one with a private lakeside sunroom. An oversized double garage & large laundry room complete the entry level. The upper level features a beautiful lakeside family room with stunning lake views, 3 additional bedrooms & a renovated full bathroom. Hardwood floors run throughout most of the home, with tile flooring in the renovated bathrooms. A massive lakeside deck is off the entry level, overlooking the dock and showcasing the breathtaking lake and mountain views, with an awning providing added shade. A covered front porch also provides additional outdoor living space. A premium lake location and a sought after community with public water, paved roads, gated boat ramp and gated trailer storage area.

2299 Capewood Dr, Huddleston

$2,189,950

9 Beds ⋅ 6 Baths ⋅ 928704 MLS

**DSCR APPROVED!** SELLER OFFERING FURNITURE CREDIT! SHORT TERM RENTABLE WATERFRONT LUXURY AT ITS FINEST IN ONE OF SMITH MOUNTAIN LAKE'S MOST COVETED LOCATIONS! Welcome to your future extraordinary waterfront property where sophisticated design and spectacular construction come together in harmony. Set to be completed in October 2026, this exceptional Craftsman-inspired luxury estate is set on a rare, level waterfront lot with pristine water, expansive shoreline views, and an enviable location. With projected rental income exceeding $350,000 ANNUALLY, this is a truly exceptional opportunity to own your premier Smith Mountain lakefront property with both remarkable lifestyle appeal and substantial income potential. From the moment you arrive, the quality and craftsmanship are unmistakable. The timeless Craftsman architecture is complemented by durable cementitious siding and thoughtfully selected exterior finishes designed with curb appeal and top of the line materials in mind. Inside, the impressive 9-bedroom, 6-full-bath residence offers an inviting open-concept design, with an 8-bedroom septic system and community-maintained offsite well. Soaring vaulted ceilings accented by shiplap, walls of natural light, and elevated finishes create an atmosphere that feels simultaneously grand and effortlessly luxurious. At the heart of the home is a spectacular gourmet kitchen designed to bring people together. Custom cabinetry, a statement farmhouse sink, designer vent hood, generous counter space, and an expansive gathering area create the perfect setting for everything from relaxed family breakfasts to unforgettable dinners with a house full of guests. The kitchen flows seamlessly into the main living and dining areas and opens to the covered outdoor dining porch, making entertaining truly at your fingertips. Throughout the home, every space has been thoughtfully curated for your future indulgence. Beautifully tiled showers add a sophisticated touch, while the luxurious primary suite provides a peaceful escape overlooking the lake. Its spa-inspired bathroom features a spacious walk-in shower and tranquil water views, creating the perfect place to unwind after a long day on the lake. Modern smart-home technology adds an additional layer of modern touch, with smart thermostats and integrated technology systems thoughtfully incorporated throughout the property to enhance functionality. The outdoor living spaces allow the escape to continue. Multiple expansive covered porches dramatically extend the living area and feature rich cedar tongue-and-groove ceilings, a stone fireplace, and television -- creating an inviting setting for your morning coffee, watching the sunrise on the lake. The heated saltwater pool, equipped with Omni Smart controls, provides the perfect centerpiece for summer days spent lakeside. Just beyond, a Hot Spring 8-person hot tub invites you to relax while taking in sweeping views of the water. The poolside recreation room elevates entertaining even further, complete with a wet bar and cascading glass doors that seamlessly connect the spaces. And then there is the dock -- a destination all its own. The impressive covered waterfront dock features an upper-level party deck, enclosed bar area, and abundant room for anything your heart desires. THIS IS EVERYTHING YOU NEED, AND MORE! DON'T MISS OUT ON THIS BLESSING! Buyers and Buyer's Agent to independently verify all property information. Rental income is projected and is not guaranteed. Interior and exterior photos 14-56 shown are of the model home upon which this completed residence was based and may not represent the exact finishes, furnishings, landscaping, or features of the subject property.

200 Sweetwater Bay Dr, Penhook

$2,200,000

4 Beds ⋅ 5 Baths ⋅ 927679 MLS

Welcome to The Cottages at Hickory Cove! The first three waterfront lots are now available with custom home designs by Paragon Home Plans and exceptional craftsmanship by Frank Good Builders. Lot 2 is tucked just around the point with 210 feet of shoreline, offering quiet enjoyment of the lake and still a great view! Enjoy top-quality construction, premium finishes, and detailed plans with ample opportunity for customization. Or collaborate with the talented Paragon design team to create the dream lake home you've envisioned at Smith Mountain Lake.

Lot 2A Nicholas, Moneta

$2,200,000

5 Beds ⋅ 6 Baths ⋅ 932231 MLS

Welcome to The Cottages at Hickory Cove, a new waterfront community at Smith Mountain Lake! Lot 3 offers the opportunity to build a custom lake home in a private setting on a deep-water cove. Enjoy the peaceful side of SML waterfront living while still having convenient access to all the recreation, dining, shopping and amenities the lake has to offer. Frank Good Builders is the exclusive builder for this property, offering exceptional craftsmanship, quality construction and premium finishes. Photos feature one proposed custom home design, but additional plans are available. Buyers may also work with the talented Paragon Home Plans design team to customize a plan or create the Smith Mountain Lake home they've been envisioning. For a limited time, receive up to $100,000 in builder incentives to use toward closing costs, luxury upgrades and selections, or additional finished living space, including the basement. Whether you're looking for a full-time residence, Smith Mountain Lake vacation home or investment property, Lot 3 offers outstanding flexibility--vacation rentals are allowed. The neighborhood road is scheduled to be paved soon, adding the finishing touch to this distinctive new lakefront community. With Lot 1 already sold, opportunities are limited at The Cottages at Hickory Cove. Secure your place in this new Smith Mountain Lake waterfront neighborhood and enjoy deep water, privacy, custom new construction and the relaxed lake lifestyle SML is known for.

Lot 3A Nicholas, Moneta

$2,750,000

6 Beds ⋅ 4 Baths ⋅ 929586 MLS

'Positioned near the dam with expansive main-channel views, this 4,196-square-foot Smith Mountain Lake waterfront home pairs 301 feet of shoreline with a level, park-like setting, a private beach, and a double-slip dock. Lake and mountain views stretch across the property, while mature trees provide a sense of privacy from the end-of-cul-de-sac location. The setting also offers a memorable vantage point for Smith Mountain Lake's July 4th fireworks. Built in 2013, the two-story board-and-batten and stone home offers six bedrooms, three full baths, and one half bath. The entry level is designed for comfortable everyday living, with the primary bedroom, laundry, office, dining area, kitchen, family room, and a great room centered around a masonry fireplace. Wide doorways and a zero-entry shower add thoughtful accessibility to the main level. Upstairs, five additional bedrooms and a game room provide flexible space for guests, recreation, or extended stays. Outdoor living is a defining feature of the property. A screened porch off the kitchen creates a comfortable place to take in the lake setting, while two sleeping porches offer additional spaces to enjoy the water and surrounding views. A paver pathway leads across the level lawn to the beach and riprap shoreline, continuing to an A-roof, double-slip dock with boat hoists and storage. Additional features include an attached two-car garage, outdoor grill, generator, gas range, wood, tile and luxury vinyl plank flooring, and community water. With main-channel frontage, mountain and lake views, a private beach, substantial shoreline, and multiple outdoor living spaces, 103 Bluebird Court offers a distinctive Smith Mountain Lake waterfront setting.'

103 Bluebird Ct, Huddleston

$2,949,950

9 Beds ⋅ 8 Baths ⋅ 930883 MLS

**DSCR APPROVED!** SELLER OFFERING FURNITURE CREDIT! STOP DREAMING AND START OWNING! THIS LUXURIOUS CUSTOM WATERFRONT SMITH MOUNTAIN LAKE ESTATE IS READY FOR YOU AND YOUR FINAL TOUCHES! Slated for completion in May 2027, this exceptional 4,400-square-foot new construction offers an impressive 180 feet of waterfrontage, a large covered dock, heated salt water pool, and thoughtfully designed floor plan featuring a rare connected guest house surrounding a private central courtyard. With 9 bedrooms and expansive living space across three levels, two wrap around covered porches and two dwellings--including approximately 2,005 square feet on the lower level, 1,800 square feet on the main level, and 605 square feet upstairs--this home is perfectly suited for unforgettable hosting, becoming a generational legacy, or a high-performing vacation rental. The architecture blends timeless lake-house character with modern features, featuring cementitious board-and-batten siding, stone accents, and a sophisticated exterior designed to complement its premium waterfront location. Inside, upgraded cabinetry extends all the way to the ceiling, while luxury vinyl plank flooring runs throughout, with opportunities for the new owner to select additional upgrades. But perhaps the most exciting feature is that the home is still fully customizable. You have the opportunity to influence finishes, selections, and details, creating a home that feels uniquely yours before construction is complete. Currently projected to gross nearly $375,000 annually in short-term rental income! With 180 feet of Smith Mountain Lake shoreline, a unique courtyard-centered design, an attached guest-house concept, a heated saltwater pool, nine bedrooms, eight bathrooms, and the rare ability to personalize the home before completion, this is far more than new construction--it is the complete package to own and design the home of your dreams! All information to be independently verified by a buyer and buyer's agent. Home will have 8 bedroom septic system installed.

131 Oak Hollow Rd, Moneta

$3,449,950

9 Beds ⋅ 8 Baths ⋅ 930533 MLS

**DSCR APPROVED!** SELLER OFFERING FURNITURE CREDIT! LAKEFRONT ESTATE ~Stunning Mountain views & MAXIMUM RENTAL INCOME 9 beds/8 baths~ Slated for completion in May 2027, this extraordinary new construction is designed to bring together everything that makes Smith Mountain Lake special: beautiful mountain views, wrap around waterfront with a large covered dock, heated salt water pool, incredible outdoor living, plenty of space for family and friends, and the opportunity to generate substantial short-term rental income. With approximately 4,400 square feet of uniquely designed living spaces, there is room here for everyone to spread out and settle in, while also finding personal retreat. The home also features an expansive lower level overlooking the pool and lake with additional living space, creating even more flexibility for guests, entertaining, or simply enjoying extra room. A separate guest house with a covered walkway and courtyard in between adds another level of privacy and versatility, making this property especially well-suited for large families, multi-generational gatherings, or those looking for a vacation home that can comfortably accommodate a crowd. Outside is where this property really comes to life. Expansive covered porches are designed to take full advantage of the lake and mountain setting, while a heated salt water in-ground pool with a dedicated lounge area and hot tub creates the kind of outdoor space that makes you want to stay all day. And, of course, the property will include a private dock that is already built and approved by AEP, giving you easy access to the water and all that Smith Mountain Lake has to offer. Picture slow mornings overlooking the mountains, afternoons on the lake, and evenings gathered around the pool or hot tub as the sun goes down. This is lake living at its best. Located in the heart of Smith Mountain Lake, the property offers both the lifestyle people come here for and the potential to make it a truly impressive investment. The home is eligible for short-term rental use, and the opportunity here is significant. A similar plan built by the same team just two years ago has already demonstrated strong rental performance, providing a real-world foundation for the projected approximately $400,000 in gross annual rental income. THIS HOME TRULY checks all the boxes. The buzz around this property is well deserved. New construction, breathtaking mountain views, waterfront living, a private dock, pool, hot tub, guest house, nine bedrooms, and significant rental potential--opportunities like this at Smith Mountain Lake don't come along often. Completion is anticipated for May 2027, giving you the opportunity to FULLY CUSTOMIZE! Additionally, for the next 30 DAYS, buyers have the opportunity to add a garage! All information to be independently verified by buyer and buyer's agent. Photos included show a recently built model home that closely resembles the subject home, but please note upgrades are included!

250 Mountain Vista Dr, Penhook

$3,999,000

5 Beds ⋅ 8 Baths ⋅ 930308 MLS

May 2027 Delivery! Deep-water dock in place! Another Mountain View show-stopping estate by Sole Source Solution, Luxury Homes! Experience nearly 6900 sq. ft. of luxury waterfront living in this extraordinary new-construction estate at Sanctuary Pointe, thoughtfully positioned to capture breathtaking Smith Mountain, main-lake, and protected cove views. Large Deep-water dock with boat lift and jet ski lift complete! Designed for generations of family and friends, this exceptional legacy estate combines sophisticated design, superior construction, and effortless lake living. The main-level primary suite is a private retreat with stunning mountain views and sliders opening directly to the expansive deck. A huge vaulted great room showcases dramatic lake and mountain vistas through expansive glass, creating an impressive centerpiece for entertaining. This gorgeous estate features 4 spacious ensuite bedrooms plus an oversized bunk suite/rec room, providing exceptional accommodations for family and guests. An elevator serving all three levels, plus laundry facilities on every floor, add exceptional convenience for everyday living and extended family stays. The walkout lower level continues the spectacular views and offers easy access to the shoreline--just steps from the private dock already under construction. A 2-car garage provides additional space for vehicles, storage, and lake gear. Quality construction includes 2x6 exterior walls, energy-efficient spray foam insulation, and Superior Walls basement system, complemented by programmable irrigation, architectural uplighting, and beautiful designer finishes. Located approximately 2 miles from The Water's Edge Country Club, a McConnell Golf community, with an optional nonresident membership opportunity. Home package beginning at $3,999,000. A remarkable combination of luxury, craftsmanship, convenience, and unforgettable Smith Mountain Lake views--a legacy waterfront home designed to be enjoyed for generations. **Renderings created with AI- based on actual house plans.

34 Mountain Glen Dr, Penhook

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