Smith Mountain Lake Real Estate | Smith Mountain Lake 6+ Bedrooms Properties for Sale

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.

131 Oak Hollow Rd, Moneta

$4,000,000

6 Beds ⋅ 8 Baths ⋅ 930816 MLS

A truly exceptional expression of waterfront luxury, this magnificent 8,935-square-foot custom estate is uniquely positioned with a beautiful peninsula giving the property an extraordinary 600 feet of shoreline. Framed by mature landscaping, the property offers a rare combination of privacy, architectural distinction, and an unparalleled waterfront lifestyle. Thoughtfully designed for both grand entertaining and effortless everyday living, the residence features a main-level owner's suite, 6 bedrooms, 6 full baths, and 2 half baths. Refined interiors showcase rich wood and tile flooring, dramatic coffered ceilings, a gourmet kitchen with adjoining butler's pantry, wet bar, wine cellar, and dedicated theatre room. A private workout room further enhances the exceptional amenities. The outdoor experience is nothing short of extraordinary, with expansive grounds leading to a beautiful private beach and a spectacular boathouse complete with automatic boat cover and a dedicated cabana. From morning coffee overlooking the water to sunset gatherings along the shoreline, every element of this remarkable estate celebrates its one-of-a-kind setting. Rarely does an estate offer this level of scale, craftsmanship, waterfront access, and privacy. This is luxury lake living at its finest.

500 Oak Point Dr, Moneta

$1,249,500

6 Beds ⋅ 5 Baths ⋅ 930789 MLS

Southern Living Cottage Meets Lake and Golf Views!!! Enjoy overlooking SML and the fabulous 11th hole golf green. Deeded boat slip available with an acceptable offer. Relax on the spacious covered back porch while taking in the beautiful water views and spectacular sunsets. The large screened-in porch offers a cozy retreat with the soothing sounds of the nearby fountain--perfect for morning coffee or evening relaxation. Enjoy cooking in the beautiful updated kitchen with Shaker-style cabinetry and updated appliances while looking out at your lake views. The large theater room on the lower walkout level is perfect for movies, sports, and entertaining. The home combines timeless character with comfortable, updated living.Membership available at The Water's Edge Golf & Country Club. Golf, Tennis, Pickleball, Pool, Restaurant, equestrian center.

76 Lake Front Cir, Penhook

$1,075,000

6 Beds ⋅ 6 Baths ⋅ 930571 MLS

A Rare Smith Mountain Lake Offering! Rarely does a Smith Mountain Lake property offer this level of flexibility. More than just a waterfront home, 114 Pleasure Point Drive presents an extraordinary opportunity for multigenerational living, a private family compound, or possibility of owner-occupied living with income potential. Situated on approximately 2.6 acres with over 100 feet of private Smith Mountain Lake shoreline, this one-of-a-kind property features three independent living spaces, four full kitchens, three laundry areas, two oversized garages, a heated indoor saltwater pool, private dock with two boat slips and electric hoists, and the timeless charm of a home dating back in part to 1912. The thoughtfully expanded, triple-zoned main residence offers over 3,100 finished square feet, blending historic character with modern conveniences. Featuring 4 bedrooms, 3 full baths, a spacious formal dining room, family room with gas log fireplace, and an updated kitchen complete with stainless steel appliances, gas cooking, abundant cabinetry, and a charming wood-burning fireplace. Six fireplaces are located throughout the home, including four that have been closed off but could potentially be reopened. Gorgeous hardwood flooring flows throughout the home. Relax in the tiled sunroom with mini-split, screened porch, or upstairs primary suite featuring a private balcony overlooking the pool house with seasonal lake views. A second staircase leads to an additional bedroom perfect for guests or private office. Added around 2010, the impressive 53' x 27' pool house features a heated saltwater pool, full bath, storage room, and recently replaced liner and cover. The oversized White Garage was designed for entertaining with a full kitchen and laundry area on the main level, creating the ultimate gathering space for pool parties and family events. Upstairs, a charming 1-bedroom suite features a full kitchen, gas log fireplace, while its dedicated laundry area is conveniently located on the garage's main level. Yes--this detached building features two full kitchens and a laundry area. The iconic Red Garage provides parking for 3-4 vehicles with a separate 1-bedroom suite above complete with a full kitchen and dedicated laundry area on the garage's main level. In the rear yard there's an 11' x 15' workshop/storage shed with electricity. Down the hillside path leads to your private waterfront retreat. While walkable, the current owners enjoy using their Kubota utility vehicle to transport supplies to the lake. There you'll find over 100 feet of shoreline, a spacious lakeside party deck, private dock with two boat slips equipped with electric hoists, and a lakeside storage shed. Additional highlights include a 120-panel solar system (circa 2014), heated saltwater pool, two garages, multiple storage buildings, four full kitchens, three laundry areas, and exceptional flexibility for extended family, guests, or owner-occupied income potential. The sellers have lovingly maintained this exceptional property but are ready to downsize. While the main residence roof and one detached garage roof may be nearing the end of their useful life, there are no known leaks or performance concerns. Sellers may consider a credit toward future replacement costs with a full- price offer. Septic is 1989 per county record. Mechanical systems have been regularly maintained and remain fully operational. Please note that Upper Level 3 and Upper Level 4 are referring to the garage suites. Property is being sold as is. Inspections are welcome for informational purposes only; Seller will make no repairs. Designed for entertaining, built for generations, and offering unmatched flexibility, 114 Pleasure Point Drive is more than a home.. it's a Smith Mountain Lake legacy. WELCOME HOME!

114 Pleasure Point Dr, Goodview

$3,450,000

9 Beds ⋅ 8 Baths ⋅ 930533 MLS

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

$2,124,999

6 Beds ⋅ 5 Baths ⋅ 930267 MLS

Exceptional waterfront home built by renowned local builder John Brock, offering the space, quality & layout rarely found at Smith Mountain Lake! Featuring an incredible 5 private master suites, this home was designed to comfortably accommodate family & guests while giving everyone their own retreat. The dramatic great room features soaring ceilings, expansive lake-view windows, hardwood floors & a stunning floor-to-ceiling stone fireplace. Open kitchen offers abundant cabinetry, granite countertops, large island, breakfast bar & impressive stone-accented cooking area, while the adjoining dining area captures gorgeous water views. Spacious master suites feature private baths, generous closets & beautifully appointed finishes. Whole house generator, never worry about not having power! The finished lower level is an entertainer's dream with a large recreation/billiard room & handsome custom bar with stone and wood detailing. Outdoor living continues with a covered lakeside porch, beautifully landscaped grounds and a double-slip boathouse with 2 jet ski ports. An exceptional location by both land and water makes enjoying everything SML has to offer convenient and easy. Whole-house generator provides added peace of mind. Quality construction, 5 master suites, 6 bedrooms, incredible entertaining space, exceptional lake views & outstanding waterfront amenities combine to create a truly special Smith Mountain Lake retreat!

2512 Lakewood Forest Rd, Moneta

$995,000

6 Beds ⋅ 5 Baths ⋅ 930147 MLS

Waverly is one of Smith Mountain Lake's most sought-after communities - private wooded lots, a pool, walking trails, tennis, gazebo, and clubhouse, all minutes from Westlake. This spacious home's property touches the water with lake views from inside, launch a kayak right from your backyard, or head to your leased covered slip for the boat or jet ski. Made for flexible living. Two master suites, two full kitchens, two laundry rooms, and finished space on every level make it a natural fit for multi-generational families or guests who never want to leave. Cathedral ceilings, a gas fireplace, wet bar, whirlpool bath, wood floors, and wired-for-sound throughout -- the finishes match the scale. Smart home controls let you manage HVAC, lighting, and security from anywhere, backed by a whole house generator. Start enjoying this premier community today filled with many activities and clubs for enjoyment.

235 Waverly Ln, Moneta

$6,000,000

6 Beds ⋅ 8 Baths ⋅ 929614 MLS

A rare opportunity to own one of the most extraordinary waterfront estates ever built at Smith Mountain Lake. Completed in 2026 within the prestigious gated community of Bridgewater Grande, this ultra-custom modern masterpiece offers nearly 7,900 square feet of uncompromising design where exceptional craftsmanship, bespoke finishes, and breathtaking architecture create a residence unlike anything currently available. A dramatic dogtrot design frames panoramic lake views from the moment you arrive, while soaring walls of glass, handcrafted beams, floating steel staircases, floor-to-ceiling stone fireplaces, and artisan millwork showcase an extraordinary level of detail. Designed for luxurious everyday living and spectacular entertaining, the home offers six bedrooms, Eight bathrooms ... including a private guest house, three full kitchens plus a dockside entertaining kitchen, two wet bars, three laundry rooms, hidden biometric safe room, executive office, theater, gym, expansive loft, and an exceptional primary suite featuring a spa-inspired wet room with steam shower, Kohler digital shower system, soaking tub, designer custom closet, and luxurious finishes throughout. The stunning chef's kitchen is appointed with premium Monogram appliances, dual JennAir dishwashers, custom white oak cabinetry, Cambria quartz surfaces, oversized island, prep sink, pot filler, walk-in pantry with full-size refrigerator/freezer, and exceptional custom lighting. Outdoor living is every bit as impressive, offering approximately 1,806 square feet of covered and open decking plus nearly 5,000 square feet of additional patio, pool, and outdoor entertaining space designed for unforgettable gatherings. The heated saltwater pool features a fully automatic safety cover and is surrounded by professionally designed hardscapes, custom steel stairways, multiple covered entertaining areas, and fully fenced grounds. Extending the experience to the water is an extraordinary 1,480-square-foot custom dock featuring a waterfront entertaining pavilion complete with fireplace, Sonos audio system, RGB accent lighting, pocketing doors, pass-through serving window, outdoor kitchen, and storage room. Large enough for 2 slips and designed to have an additional opening/slip if desired. Every detail was thoughtfully curated with premium materials including Andersen windows and doors, Brizo fixtures, custom lighting, smart toilets, designer wall coverings, whole-home security, and countless handcrafted architectural elements that simply cannot be replicated. Situated on 207 feet of waterfront in one of Smith Mountain Lake's premier gated communities, this is more than a luxury home--it is a legacy estate built to an extraordinary standard, representing one of the finest residential offerings ever to come to market at Smith Mountain Lake. Designed inside and out by NoR Design Build Inc. Ask for Documents with Features & Details. Driving directions: Coming from North Rt. 122 cross Halesford Bridge. Pass Bridgwater Plaza on your left. Turn Right on Bridgewater Grande Dr. to left on Grande Lake Cir. House straight at end of culdesac.

64 Grande Lake Cir, Moneta

$2,950,000

6 Beds ⋅ 4 Baths ⋅ 929586 MLS

There's something special about this Smith Mountain Lake home, near the dam, where the water views stretch out before you and every July 4th brings a front-row seat to the fireworks overhead. Tucked among mature trees, the property feels wonderfully private and peaceful. The board-and-batten home has a welcoming charm. A screened porch off the kitchen is perfect for morning coffee, and two sleeping porches invite lazy afternoons and cool evenings by the water. Walk down the paver pathway to your own beach and double-slip dock, all set on a level, park-like lot. And because this home was designed with everyone in mind, the entry level offers wide doorways and a zero-entry shower, so family of all ages and abilities can gather for years to come. It's a rare find.

103 Bluebird Ct, Huddleston

$2,390,000

9 Beds ⋅ 6 Baths ⋅ 928704 MLS

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

$3,300,000

6 Beds ⋅ 6 Baths ⋅ 920278 MLS

Welcome to 2650 Water's Edge Drive - A Waterfront Luxury Retreat This stunning 6-bedroom, 6-bath lakefront home offers 6,654 finished square feet of elegant living with an open floor plan designed for comfort and entertaining. Thoughtfully crafted with high-end finishes, this residence combines timeless craftsmanship with modern convenience. Enjoy the rare luxury of three spacious master suites—one on each level—perfect for multi-generational living or hosting guests. All bathrooms are beautifully tiled with heated floors, chrome fixtures, and bathtubs in four of the suites. The gourmet kitchen is a chef's dream, featuring custom cherry cabinetry, Wolf, Cove, and Subzero appliances, a 9-foot island, beverage refrigerator, and ice maker. Premium quartz countertops extend throughout the home, while the lower level offers a full kitchenette with refrigerator, dishwasher, and microwaveideal for guests or lakeside entertaining. Additional highlights include: Elevator to all floors for easy access Two gas fireplaces with built-in shelving (cherry on the main, painted on the lower level) Hardwood flooring on the main and upper levels, luxury vinyl on the lower level Exercise room, office, and abundant storage including conditioned and unconditioned spaces Oversized 2-car garage, EV charger ready Step outside to enjoy multiple decks, a slate front porch, a large paver patio with firepit, and a walkway leading to your private dock with boat and PWC lifts. The home is fully landscaped with irrigation and lighting, and gas grill hookups are available on both the patio and main deck. Built with energy efficiency in mind, the property boasts 2x6 construction, spray foam insulation, Andersen windows, dual tankless water heaters, insulated floors and walls, and 30-year shingles. This exquisite home at Water's Edge offers the perfect balance of luxury, functionality, and lakefront living.

2650 Waters Edge Dr, Penhook

$1,590,000

6 Beds ⋅ 4 Baths ⋅ 925139 MLS

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

$1,695,000

8 Beds ⋅ 6 Baths ⋅ 926651 MLS

With a special use permit, this exceptional waterfront home presents a rare opportunity as a fully turnkey short-term rental or an effortless personal retreat--just in time for the summer season. Thoughtfully designed with generous living space across the upper, entry, and lower levels, the home offers the ideal layout to comfortably host guests while maintaining privacy throughout. The main level features multiple bedrooms and baths--an uncommon and highly desirable feature for lakefront living--along with a spacious kitchen that provides so much room for gathering and entertaining. Offered fully furnished, including linens, kitchenware, and décor (with only a few personal exclusions--see agent for details), this property is truly move-in or rental ready from day one. Tucked within a quiet, no-wake cove, the setting is perfect for relaxed lake days, swimming, and peaceful enjoyment of the water. The gentle approach to the shoreline enhances accessibility, while the brand-new aluminum dock creates an inviting space for lounging and lakeside living. Meticulously maintained as a second home, the property feels like new and showcases quality finishes throughout, including cherry hardwoods, tigerwood flooring, and soaring cathedral ceilings. Recent updates and features such as a 2025 whole-house generator, brand-new HVAC (being installed in May), separate heat pumps for each level, and gutter guards provide comfort, efficiency, and peace of mind. With no homeowners association, exceptional flexibility, and immediate usability, this property offers the ideal blend of investment potential and personal enjoyment in a serene waterfront setting.

85 Cedar Bay Rd, Union Hall

$639,000

6 Beds ⋅ 5 Baths ⋅ 927650 MLS

Come see lake living at its finest! This updated home in Indian Pointe offers a spacious in-law suite, water access, a recently updated deeded boat slip, & an impressive list of recent improvements! The renovated kitchen features quartz countertops, new cabinetry, stainless appliances, & an oversized island. Addit'l updates incl: new LVP, fresh carpet in bedrooms, remodeled baths, new tile in the primary bath, a tankless water heater, & even new plumbing. The primary suite features a custom shiplap accent wall & a relaxing en-suite. Outdoor amenities incl: a covered front porch, community pool, boat ramp, & easy lake access just across the street. Conveniently located near Westlake shopping center. This SML Gem won't last long!

160 Indian Pointe Dr, Hardy

Smith Mountain Lake 6+ Bedroom Properties for Sale

Newest Smith Mountain Lake 6+ Bedrooms Properties for Sale