Smith Mountain Lake Real Estate | Smith Mountain Lake Properties over $2,000,000 for Sale

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. 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. 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

$2,950,000

4 Beds ⋅ 4 Baths ⋅ 931033 MLS

Private Waterfront Retreat with 513 Feet of Shoreline! Discover the beauty, privacy & tranquility of this exceptional waterfront home situated on approximately 2.38 acres in a highly desired area. With an impressive 513 feet of shoreline, this property offers a rare opportunity to enjoy peaceful waterfront living with plenty of room to relax, entertain & take in the surrounding natural beauty. The approximately 4,200 square-foot home is thoughtfully designed across three easily accessible levels, providing generous living space for family & quest. Enjoy open water, partial mountain views, a beautifully landscaped yard, & multiple outdoor space designed to take advantage of the waterfront setting.

190 Tranquility Rd, Moneta

$2,950,000

9 Beds ⋅ 8 Baths ⋅ 930883 MLS

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

$2,900,000

5 Beds ⋅ 5 Baths ⋅ 930813 MLS

You simply do not build homes like this anymore. This remarkable waterfront estate stands apart for its quality of construction, craftsmanship and materials that would be extraordinarily difficult to duplicate today. Thoughtfully designed and beautifully executed, it feels substantial, timeless and refined. A soaring 23-foot foyer sets the tone with a custom marble compass medallion, Tuscan columns and a sweeping staircase of white marble, black walnut and hand-forged wrought iron. Handmade eight-foot arched walnut doors, rich millwork and natural stone carry the same level of detail throughout. Nearly 8,000 square feet under roof blends elegant interiors with relaxed lake living. At the heart of the home is a beautifully appointed gourmet kitchen featuring Viking appliances, exceptional finishes and generous workspace, flowing effortlessly into the main living and entertaining areas. Expansive windows frame sweeping Smith Mountain Lake and mountain views, while the walkout lower level offers a media/theater room, wet bar and direct access outdoors. Balconies, terraces and patios extend the living spaces toward the water, complete with an outdoor kitchen for effortless entertaining. Privately set at the end of a cul-de-sac in Blue Heron Estates, this is a rare combination of extraordinary construction, timeless design and an exceptional waterfront setting.

331 Blue Heron Dr, Wirtz

$2,100,000

4 Beds ⋅ 4 Baths ⋅ 930537 MLS

Luxury Lakefront Living in Prestigious Park Place Welcome to this exceptional custom-built, one-owner waterfront home in the highly sought-after Park Place community on Smith Mountain Lake. Privately situated on a beautifully landscaped 1.03-acre lot, the home is accessed by a recently paved 200-foot driveway framed by elegant lighted stone entrance walls. Offering over 5000 square feet of thoughtfully designed living space, the open floor plan is filled with natural light and showcases breathtaking lake views through Andersen 400 Series windows and doors. The spacious family room features soaring 17-foot cathedral ceilings and a stunning stone gas fireplace, while the chef's kitchen boasts quartz countertops, stainless steel appliances, a large center island, and a walk-in pantry. The home offers four bedrooms, including a luxurious primary suite with a coffered ceiling, a dedicated study, three-and-a-half baths, formal and casual dining spaces, and expansive recreation and game rooms designed for entertaining. Outside, enjoy over 895 square feet of composite decking and tiled patio space overlooking the lake, complete with a covered dock, electric boat lift, and floater. Additional highlights include an oversized three-car garage, whole-house generator, lake-fed irrigation, professionally landscaped grounds, and meticulous one-owner maintenance throughout. Franklin County SML Park and Beach are just a 3 minute golf cart ride away. Experience luxury lake living at its finest.

425 Park Way Ave, Moneta

$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

$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

$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

$3,950,000

5 Beds ⋅ 8 Baths ⋅ 930146 MLS

Milan Manor is a once-in-a-generation private estate offering a level of privacy, and lakefront that is virtually impossible to replicate at Smith Mountain Lake. Situated on 26+ acres of contiguous, private lakefront land with 658 feet of pristine shoreline, the property combines historic character, modern luxury, and complete seclusion in a setting designed for families seeking legacy ownership. Closest neighboring residence >1 mile away, Milan Manor delivers true estate-level privacy--a rarity on any major lakefront, and especially at Smith Mountain Lake. Investors welcome, Seller has received Special Use permit and full plans for Resort inc. Event Barn, 40 Villas, Clubhouse, Huge low density dock. Site plans and Blueprints complete for Shovel Ready Project! Developer Friendly

750 Penn Hall Rd, Union Hall

$2,950,000

5 Beds ⋅ 6 Baths ⋅ 929958 MLS

Experience exceptional Smith Mountain Lake living in this stunning new construction waterfront home in The Water's Edge. Offering 5 bedrooms, 5.5 baths and 5,880 finished sq. ft. across three beautifully appointed levels, the home features a private master suite on each floor. The open-concept main level showcases hardwood floors, custom built-ins, multiple fireplaces and a gourmet kitchen with Wolf, Sub-Zero and Cove appliances, quartz countertops, custom maple cabinetry and a 10-foot island. Enjoy a screened porch with fireplace overlooking the lake, lake-level kitchenette, heated tile floors, exceptional storage and an EV-ready two-car garage. Professionally landscaped grounds feature irrigation, lighting, paver patios, firepit and a private dock with boat and PWC lifts. Luxury, craftsmanship and lake living come together beautifully in this exceptional new home.

51 Island View Dr, Penhook

$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

$12,995,000

5 Beds ⋅ 9 Baths ⋅ 929719 MLS

Designed without compromise and built as a true legacy property, this extraordinary waterfront estate redefines luxury living at Smith Mountain Lake. Completed in 2024, every space showcases exceptional craftsmanship-from hand-cut stonework, live-sawn oak floors, custom alder doors, and curated designer finishes to stunning Cristallo quartzite, marble, and bespoke lighting. The residence offers 5 bedrooms, 6 full baths and 3 half baths, multiple entertaining spaces, elevator, library, sauna, recreation level with full kitchen, and seamless indoor-outdoor living. Outside, enjoy a 60-foot heated saltwater pool, expansive lakeside terraces, oversized private dock with 3 bays, detached six-car garage with 2200 sq foot fitness studio, point lot and peaceful cove. Welcome to one of Smith Mountain Lake's most exceptional waterfront estates-a custom-built masterpiece where timeless architecture, impeccable craftsmanship, and thoughtful design come together to create a home unlike any other. This unbelievable home was featured on the 2025 Smith Mountain Lake Charity Home Tour. Completed in 2024 by RRB Builders, this remarkable residence spans approximately 11,799 square feet, complemented by an additional 4,000-square-foot 6 car detached garage and 2,000 sq feet of it is a fitness complex on the upper level. Every finish, fixture, and material was intentionally selected to create a home that is both elegant and inviting. From the moment you enter, a wall of glass overlooking your private 60' pool, and lake frontage immediately commands your attention. Live-sawn oak flooring, soaring white oak ceilings, hand-cut stone fireplaces, barrel-vaulted architectural details, and custom alderwood doors establish a warm yet sophisticated atmosphere that continues throughout the home. The chef's kitchen is both stunning and functional, featuring dramatic Cristallo quartzite countertops and backsplash, custom cabinetry in natural oak and designer green finishes, bespoke lighting, premium appliances, and an adjoining butler's pantry concealed behind beautifully crafted architectural details. Nearby, the dining and great room seamlessly flow onto an expansive covered lakeside terrace complete with an outdoor fireplace, television, and breathtaking panoramic water views. The main-level primary suite offers a private retreat with custom millwork, designer wallpaper, dual custom closets, an extraordinary marble-clad spa bath, soaking tub, oversized walk-in shower, and carefully curated luxury finishes throughout. Additional living spaces include an elegant library, flex room, loft with beverage bar, guest suite, multiple ensuite bedrooms, and an elevator providing convenient access between levels. Designed equally for entertaining and everyday living, the lower level features a spectacular recreation room complete with a full secondary kitchen finished with striking blue quartzite countertops, fireplace, multiple gathering spaces, guest accommodations, and direct access to the outdoor living areas. A cedar sauna offers both dry and steam options for the ultimate wellness experience. Outdoor amenities rival those of a private resort. The 60-foot heated saltwater pool overlooks Smith Mountain Lake, while expansive patios, professionally designed landscaping, and multiple gathering spaces create an unforgettable setting for entertaining family and friends. Car enthusiasts and hobbyists will appreciate the detached six-car garage featuring geothermal heated floors, a spacious fitness studio above complete with steam shower and laundry, offering incredible flexibility for recreation, wellness, or additional guest accommodations. Throughout the home, custom lighting, imported materials, handcrafted stonework, designer wallpapers, luxury natural stone surfaces, and one-of-a-kind architectural details reflect an uncompromising commitment to quality rarely found in today's market. This is more than a home-it is a legacy estate designed to be enjoyed for generations.

6189 Scruggs Rd, 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

$2,435,000

4 Beds ⋅ 5 Baths ⋅ 929297 MLS

Imagine waking up to a beautiful sunrise over Smith Mountain and lake views, then unwinding in the afternoon shade on your covered porch. This custom-built home by Sole Source solution delivers luxury craftsmanship at every turn, framed by spectacular mountain views from every level. Designed for comfort and efficiency, the home features 9 ft ceilings on the main and upper levels and 10ft ceilings on the lower level, filling each space with natural light. Built with 2 x 6 exterior walls and fully insulated from rafters to ceiling, the home offers exceptional year-round comfort. An inground propane tank supports the on-demand hot water heater, gas fireplace, Cafe range, and a standby emergency generator with automatic switchgear-ensuring uninterrupted lake living and peace of mind. High-efficiency windows and doors, along with solid interior doors, reinforce the home's quality. Enjoy true main-floor living with a convenient laundry area and a spacious primary ensuite. The lower level is an entertainer's dream, complete with a custom wet bar, built-in cabinetry, and walkout access to beautiful outdoor living spaces. A freshly custom built dock offers maintenance-fee composite decking, powder-coated aluminum handrails, aluminum step ladder, dock-level storage and a gated diving area. Deep water ensures ideal conditions for a tritoon boat slip and swimming. The professionally designed and landscaped yard showcases a stamped concrete driveway, lush plantings maintained by an automatic irrigation system, and extensive hardscaping. Lighted pathways lead to a welcoming lower-level firepit area, perfect for evening gatherings. Every detail of this home has been thoughfully crafted to elevate lake living. Come experience the quality, comfort and beauty that defines this exceptional property. (Taxes estimated)

197 Mountain Shore Dr, Penhook

$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

$2,550,000

3 Baths ⋅ 928654 MLS

Jake;s Place is an established Smith Mountain Lake waterfront restaurant & bar w/outdoor seating, a dog-friendly atmosphere, & a strong local following since 2012. Located just over a mile from Hales Ford Bridge, the commercial core of Smith Mountain Lake. Income streams include restaurant, bar, and gift shop. Guests arrive by car or boat with 77 parking spaces and 20 boat slips. Property includes public water and sewer, owned equipment, a 24-tap craft beer system, and transferrable Toast POS. Current owner have consistently maintained HVAC, water heaters, and mechanical systems with records available to qualified buyer. Upper level offers additional revenue options serving roughly 100 nearby campsites. Regional draw from Roanoke, Northern Virginia, Raleigh, and Charlotte.

1041 Harbour Inn Ln, Moneta

$3,990,000

17 Baths ⋅ 928436 MLS

Welcome to Karoo Lodge and Cabins at Smith Mountain Lake. This Resort offers a unique opportunity for investors with possibilities to be operated as a Corporate Retreat, Self Run Bed and Breakfast , Boutique Hotel and Glamping. The Lodge was completely Renovated in 2023 with 6 bedrooms with mini kitchenette all with self coded entries , 6 full bathrooms on the upper level, vending area with ice machine and washer & dryers. Lower level has a full 1 bdr ,apartment with a full kitchen , living room, a 2 bonus rooms for offices or storage. Also a large are for a gathering room, possible meeting room or game room, or dining room area . Then travel over to the Luxury African Glamping Cabins, 8 cabins in all. 1 large cabin that will sleep 8 people with 2 full bathrooms. 3 that sleep people, 4 that sleep 2 people. Amenities for the whole family to include community firepits, Beach Volleyball, Kayaking, fishing, Swimming on the Community Pier, Family Size Hammocks and recently added mini putt putt course and playground.

399 Royal Estates Blvd, Wirtz

$3,125,000

5 Beds ⋅ 6 Baths ⋅ 928284 MLS

Experience timeless English Country in this custom built home with stunning water and mountain views, including the cove, main channel, and Peaks of Otter. Features hand-hewn beams, stacked-stone fireplace, custom cabinetry and floor-to-ceiling windows. Recent updates by Tim Rutrough include renovated primary and half bath with quartz, new cabinetry, lighting, sconces and heated flooring in primary with walk-in curbless shower. New oak hardwood flooring added to primary bedroom with custom closets and shelving. LED downlights and updated switches throughout the home. Kitchen offers newer 2021 appliances-KitchenAid dishwasher along with farm and prep sinks, plus Quartzite counters, Sub-Zero refrigerator and Thermador 5-burner gas range. Relax outdoors on the open patio or unwind quietly on the screened porch overlooking the water. New remote-controlled gas logs in living, primary, and lower level guest bedroom. Lower level includes custom wet bar, family/game room with stone fireplace, and large flex space ideal for workshop, studio or future sleeping/media room. Mechanical updates: main level HVAC with gas backup (2020) and upper level 14 SEER HVAC (2021). Exterior features include another patio, new dock addition and sandy beach. Active Water's Edge Country Club membership conveys, allowing buyers to join within 30 days for reduced $35000 initiation fee. Amenities include golf, tennis/pickleball, Jr Olympic and kiddie pool, snack shack, equestrian facility, exercise and dining.

315 Upland Shores Dr, Penhook

$2,200,000

5 Beds ⋅ 4 Baths ⋅ 926758 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

$6,950,000

2 Baths ⋅ 927375 MLS

Two parcels for a total of 10+ acres with a combined shoreline of 885 Feet. Planned Residential Development (PRD) allows for both commercial and residential uses. Preliminary Approval for a density of 100 Townhomes (25 Lakefront). Seller willing to participate in a structured sale or deal via reduced basis and retained equity or JV with land basis contribution. One of the last few large parcels available for high density development left on the lake/ Public Water & Sewer Available. Exceptional views, NO POA, existing buildings & infrastructure including a 2 car garage, 5000 sq ft Pavilion with Commercial Bathrooms which can be converted to event center, office space, etc. & flat paved parking lot (290 Spaces) with curb/gutter/stormwater management. Short Term Rentals Allowed

1161/1165 Graves Harbor Trl, Huddleston

$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

$3,400,000

889462 MLS

Located Smith Mountain Lake, Va, the Virginia Dare Marina is both a unique and profitable marina enjoyed by locals and visitors alike. With substantial potential, the options for fun and entertainment on this property are endless. The marina sits on 540 ft of waterfront. Featuring a new building which is home to the Beacon Seafood Pub, office, a small studio apartment, and a large full commercial kitchen. Upstairs, you will find an unfinished area with impeccable views overlooking the lake. ALSO INCLUDED IN THE SALE IS THE VIRGINIA DARE, A 63' SIGHTSEEING/DINNER CRUISE BOAT.The Virginia Dare is a 63' 19th century replica side wheeler, sightseeing/dinner cruise boat. It cruises year round for public and private charters and accommodates up to 80 passengers. The marina includes 50 slips. There is a new fuel system providing 24/7 gas operations. There is also plenty of parking and storage on the property. This turn key renovated marina and operation has grown exponentially in the past few years, and there is undoubted additional growth and revenue generation potential. This is a rare opportunity for someone seeking an owner/operator business, for it is already equipped to run seamlessly as is for an incredible off hands investment opportunity.

3619 Airport Rd, Moneta

$3,499,000

5 Beds ⋅ 6 Baths ⋅ 925505 MLS

Stunning Smith Mountain Lake waterfront estate designed by renowned lake architect Antonio Veloso and constructed in 2022 as a luxury home builder's personal residence. A showcase of elegance and craftsmanship, this remarkable property is nestled on nearly an acre on the exclusive Three Pointe Isle peninsula and offers sweeping lake views from multiple vantage points. From the front of the home, enjoy spectacular sunset views across Smith Mountain Lake toward Smith Mountain. Behind the home, the property opens to a calm, protected cove with main-lake views and almost no boat traffic--creating an extraordinary setting that combines dramatic scenery with peaceful waterfront living. Offering over 5,500 square feet of luxury construction, the residence was built with exceptional quality and attention to detail. Constructed with 2x6 exterior walls, spray foam insulation, and premium Pella Lifestyle doors and windows designed to maximize both energy efficiency and the incredible water views. The home features four spacious en-suites on a three-bedroom septic, including a main-level primary suite with private deck access, stunning lake views, and a spa-inspired bath. The secondary bedrooms are equally impressive, both featuring vaulted ceilings, with one offering its own private balcony overlooking the beautiful main-lake views. A large bonus room with a walk-in closet is currently styled as an oversized fifth bedroom or playroom, providing flexible space for guests or recreation. The finished walkout basement is designed for entertaining and extended guest stays. Featuring a kitchenette, second laundry room, private en-suite bedroom, powder room with a convenient changing area for lake days, and two additional flex rooms that can serve as guest rooms, hobby spaces, offices, or fitness rooms. Technology and convenience are seamlessly integrated throughout the home with a high-tech whole-house audio and visual system with interior and exterior speakers, a security system with exterior cameras, elegant exterior uplighting, and a programmable irrigation system. Brand New 4 ft. decorative aluminum fence on three sides. The waterfront amenities are equally impressive. The enormous dock is designed as a true lakefront entertainment hub and includes two boat lifts, two jet ski docks, expansive party space, a giant floater, kayak launch, and paddleboard racks--perfect for enjoying the Smith Mountain Lake lifestyle to its fullest. Located in the peaceful Penhook area of Smith Mountain Lake, the home is just three miles from The Water's Edge Country Club, where non-resident memberships are available for golf, dining, tennis, and social activities. Furnishings by Bassett may be purchased separately, offering the opportunity for a nearly turnkey luxury lakefront retreat. Main Photo from 2025.

176 Three Point Isle Dr, Penhook

$2,395,000

4 Beds ⋅ 4 Baths ⋅ 926888 MLS

Step into this immaculate home and immediately unwind as you take in the expansive wide-water views framed by the beauty of Smith Mountain. The main level primary suite offers comfort and convenience, complemented by updated bath and kitchen renovations completed in 2014. The new outdoor living spaces elevate the experience even further, featuring an elevated bird's-eye view of the mountain with desirable eastern exposure-perfect for peaceful morning sunrises, gentle approach to the spacious dock with a party deck, ideal for lakeside gatherings. A firepit area provides the perfect setting to enjoy late-day relaxation by the water. An active club membership is available for purchase by the Purchasers for $35000 within 30 days of closing. Club amenities include, golf, tennis/pickleball, equestrian, jr olympic and kiddie pool, dining, and exercise facility.

25 Findlay Cir, 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

$6,950,000

927376 MLS

Two parcels for a total of 10+ acres with a combined shoreline of 885 Feet. Planned Residential Development (PRD) allows for both commercial and residential uses. Preliminary Approval for a density of 100 Townhomes (25 Lakefront). Seller willing to participate in a structured sale or deal via reduced basis and retained equity or JV with land basis contribution. One of the last few large parcels available for high density development left on the lake/ Public Water & Sewer Available. Exceptional views, NO POA, existing buildings & infrastructure including a 2 car garage, 5000 sq ft Pavilion with Commercial Bathrooms which can be converted to event center, office space, etc. & flat paved parking lot (290 Spaces) with curb/gutter/stormwater management. Short Term Rentals Allowed

1161/1165 Graves Harbor Trl, Huddleston

$2,099,900

4 Beds ⋅ 5 Baths ⋅ 926044 MLS

Experience Luxury Lifestyle at the Grande Villas! Spacious lakefront townhouse offers superior quality & complete with a private elevator for easy access to both levels. Great room with cathedral ceiling, built-in bookshelves, & masonry brick fireplace. The gourmet kitchen is a chef's dream w/custom hand glazed cabinets, quartz counters,Wolf & Sub-Zero appliances. A formal dining room provides ample seating for gatherings. Large main level primary bedroom w/luxurious bath w/lighted MakeUp Mirror/Vanity. Masonry FP's. Large covered porch w/beautiful lake views. Main level guest room/office & guest full bath. Two ensuite guest bedrooms & Media room/bedroom on lower level. Spacious lower level family room w/stone FP & wet bar. 2 car garage & covered dock w/cabana, boat slip, & jet ski lift. There are many extras in this townhome such as heated bathroom floors, 2 x 6 interior & exterior walls, R27 insulation walls, R38 in the ceiling, Two propane tankless water heaters, Whole home central vac, main level laundry w/Electrolux W/D and 1800 Seer HVAC units. Kitchen has granite countertops and window seat. Wet bar in the family room has lots of cabinets, wine cooler and microwave. There is a media room on the lower decorated as a bedroom. Plantation shutters and ceiling fans throughout. One of the owners is a Retired Decorator. Sellers are members of the Clubhouse and buyers can join for $35,000. initiation fee within 30 days after closing. It is a very easy walk to the boathouse. Beautiful front courtyard. Paved driveway. Some furniture for sale.

75 Grande Villa Dr, Penhook

$3,750,000

865880 MLS

3.35 ACRES ZONED PCD, SHORELINE CLASSIFICATION HIGH DENSITY COMMERCIAL, 1038 +/- WATERFRONTAGE AT 795', WATER AND SEWER AVAILABLE, PRIME DEVELOPMENT PROPERTY. OWNER/REALTOR.

Moneta Rd, Moneta

Smith Mountain Lake Properties over $2,000,000 for Sale

Newest Smith Mountain Lake Properties over $2,000,000 for Sale