Smith Mountain Lake Real Estate Search

Smith Mountain Lake Properties between $400,000 and $500,000 for Sale

Our website features the best real estate search for between $400,000 and $500,000 properties available in Smith Mountain Lake and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Smith Mountain Lake Properties between $400,000 and $500,000 for Sale

111 Deerhill Rd, Goodview
$499,911
5 Beds ⋅ 3 Baths ⋅ 932166 MLS
Welcome to 111 Deerhill Road, a secluded Smith Mountain Lake retreat where privacy, peaceful surroundings, and spacious living come together! Tucked away at the end of the road and surrounded by mature trees, this beautiful lakefront property offers over 3,000 square feet of living space, stunning lake views, and plenty of room to relax, entertain, and enjoy the best of lake living. The main level features three bedrooms, including a spacious primary suite with a large private bathroom complete with a soaking tub and separate shower. A wood-burning fireplace in the living room adds warmth and charm, creating the perfect atmosphere for cozy evenings at the lake. Step outside onto the expansive deck, where beautiful views of Smith Mountain Lake provide an incredible backdrop for outdoor dining, entertaining, or simply enjoying the peaceful surroundings. The finished walk-out lower level offers two additional bedrooms, a bathroom, and a spacious entertainment area combining a theater room, game room, and wet bar. Perfect for hosting family and friends, this level opens directly to a private outdoor retreat featuring a hot tub and swing overlooking the wooded landscape and lake beyond. Follow the property down to your private boat dock, complete with a boat lift and plenty of space for relaxing by the water. A large storage/boathouse next to the dock provides convenient storage for boating equipment, water toys, and all your lake essentials. **Even more to enjoy!** The community also has its own USABLE boat ramp, providing convenient access to Smith Mountain Lake. Located in Bedford County, this property offers potential for short-term rental use, making it an attractive option for a primary residence, vacation getaway, or investment property. **ADDITIONAL INVESTMENT OPPORTUNITY!** The neighboring property is also available for purchase and features an established rental history. Both properties can be purchased together as a package, offering a unique opportunity to create your own private lakefront retreat or expand your short-term rental portfolio. With five bedrooms, abundant storage, multiple indoor and outdoor entertaining areas, community amenities, and an exceptionally private setting at the end of the road, 111 Deerhill Road offers the space, seclusion, and waterfront lifestyle you've been searching for. Experience the peace and beauty of Smith Mountain Lake right outside your door!

111 Deerhill Rd, Goodview

2340 Lakewood Forest Rd, Moneta
$414,900
3 Beds ⋅ 2 Baths ⋅ 929956 MLS
A little breathing room, a beautiful natural setting, and Smith Mountain Lake close by! Imagine having more than an acre to enjoy, with a beautiful level lawn, mature trees, surrounding woods, and wildlife right outside your door. This well-maintained home creates a wonderful connection to nature, with a seasonal view of Smith Mountain Lake adding to its appeal. Inside, hardwood floors and an open-concept layout provide comfortable one-level living. A two-car garage adds valuable parking and storage space. The covered front porch and screened back porch are inviting spots to relax and enjoy the surroundings. For boat owners, a public marina less than a mile away provides convenient access to boat launching and storage. If you appreciate outdoor space, natural beauty, and being close to Smith Mountain Lake, you just might fall in love with this special property! The covered front porch invites you to slow down before you even step inside, and the screened back porch is the perfect place to enjoy your morning coffee, watch deer wander through the trees, or simply listen as birds fill the woods with song. Just minutes from the public marina, you'll enjoy easy access to boating, fishing, and everything that makes Smith Mountain Lake such a special place to call home. The property feels wonderfully tucked away, yet you're only minutes from local dining, shopping, and everyday conveniences. The next chapter is waiting. Come see what makes this home such a special place to call your own.

2340 Lakewood Forest Rd, Moneta

1127 Summerset Dr, Moneta
$469,900
2 Beds ⋅ 2 Baths ⋅ 928888 MLS
Welcome to this stunning contemporary home located in the highly desirable Beachwood West Community at Smith Mountain Lake. Sitauted on a private cul-de-sac lot of just over half an acre, this one-of-a-kind property combines modern architecture, quality craftsmanship, and an exceptional lifestyle. The exterior features a striking blend of gray, white and black finishes accented by stone foundation details, black architectural shingles, and a standing seam metal roof. Professionally designed landscaping includes extravagant flower beds, retaining walls, composite decking, decorative railings, a stamped concrete patio, and a concrete driveway that creates outstanding curb appeal. Inside you'll find hardwood floors throughout, an open inviting floor plan, and high-end finishes at every turn The spacious primary suite boasts a beautifully tiled oversized shower complete with a rainfall shower head. A large bonus room offers flexibility and could easily serve as a third bedroom, home office or rec space. Additional features include central heating and air conditioning, 200 amp electrical service, and unique architectural elements such as spiral staircases connecting the deck and outdoor living areas. Beachwood West offers an incredible arrary of amenities including a private beach, boat launch, day-use docks, boat storage, clubhouse, tennis courts, pickleball courts, playground, and access to all that SML has to offer. A rare opportunity to own a distinctive home in one of SML most sought-after communities. Listing agent/owner is a licensed Realtor in the commonwealth of Virginia.

1127 Summerset Dr, Moneta

1044 Striper Ct, Moneta
$413,950
4 Beds ⋅ 2 Baths ⋅ 927504 MLS
Newly upgraded/renovated house-See list of renovations at the end of this description! Discover the charm of this inviting water-access home, highlighted by a spacious covered front porch ideal for rocking chairs and enjoying the peaceful, tree-lined setting. Inside, an open floor plan offers effortless flow, featuring a generous kitchen with granite countertops, abundant cabinetry, and all new appliances. Adjacent, is the large great room anchored by a striking stacked-stone fireplace. The private primary suite includes a newly upgraded master bath, providing a comfortable and relaxing retreat. The expansive unfinished lower level offers exceptional potential-already plumbed for another bath and ready to be finished to suit your needs or provide enormous storage possibilities. A large 16'X25' additional bedroom has been finished into an additional living area or private bedroom for your teenager or in-law. In addition, there is a level 2 EV charger on the home, perfect for your electric vehicle! UPDATE: Driveway has been substantially expanded, and there is plenty of room for a garage (see pictures!) Associate membership to Village East is voluntary, offering access to outstanding amenities including a pool, tennis, pickleball, basketball, boat ramp, dock, and swimming area! List of renovations: -All new appliances -Brand new granite countertops -Brand new (huge) 4th bedroom with closet -Brand new Primary bath suite with soaking tub and separate tiled shower -Brand new flooring throughout -Freshly painted basement floor -Brand new light fixtures and fans throughout

1044 Striper Ct, Moneta

414 Mallard Cove Rd, Moneta
$449,000
3 Beds ⋅ 2 Baths ⋅ 927007 MLS
Price improvement! Wake up each morning to peaceful water views and the quiet comfort of single-level living in the inviting Mallard Cove Estates. This is a true water-access home--offering the lake lifestyle without paying the waterfront price. Updates since 2025 include upgraded kitchen cabinetry, an elegant LED-lit backsplash, refreshed ceiling fans, a fully serviced septic system with riser, HVAC cleaning, new crawlspace lighting, generator back-feed wiring, epoxy-mortar sidewalks, professionally reseeded grounds, and many more improvements too numerous to list. Every detail has been handled so you can simply settle in and enjoy the ease of lakeside living. Set on 1.24 acres of lush, usable land, the property feels like your own private retreat. Evenings are made for unwinding under the freshly painted, electricity-equipped gazebo/pavilion on its solid concrete slab--perfect for outdoor dinners, morning coffee, or gathering with friends. The garden shed and wooded backdrop add charm and privacy, creating a sense of space that feels both expansive and intimate. Just a short stroll down the road, the lake becomes an extension of your backyard. Launch a boat from the community ramp, spend the afternoon at the day docks, or enjoy a picnic by the water. Whether you're seeking quiet weekends, memorable summers, or a year-round escape, this home offers a lifestyle centered around ease, nature, and the simple joy of being near the lake.

414 Mallard Cove Rd, Moneta

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