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Listed by JIM SINGLETON BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC
$579,000
Est. payment /mo
New
26 Compass Cove CIR Moneta, VA 24121
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Compass Cove
MLS Listing ID 931046
HOA Fees $400/ann
HOA Y/N Yes
Annual Tax Amount $1,053
Acres 0.68
Property Sub-Type Land
Source Roanoke Valley Association of REALTORS®
Property Description
One of the rare waterfront lots available in this price range is now on the market. This gently sloping lot in the prestigious Compass Cove community off Scruggs Road is now available. With a lot depth of 300' from the road to the lake, you can pick your building site knowing that your existing neighbors will not infringe on your view or on your home's setting. That's a huge benefit in today's market. Since the septic drainfield is off site and already in place with an existing force main connection, and public water eliminates the need to drill a well, you have even more opportunities to choose your building site in this deep water No Wake cove. The gently sloping lot at the shoreline caps off the opportunities presented by this unique parcel of property.
The Westlake shopping and business area, which offers many restaurants, businesses and a new modern medical facility preparing to open, is only 10 minutes away. As you'll notice from the photos, Smith Mountain Lake is still approximately 5' below full pond, which happens infrequently. As can be seen from the shore, the current water depth where your new dock will be built still has plenty of water depth to ensure you can launch your boat in these conditions. If you'd like an even deeper boat slip, dredging is allowed and relatively inexpensive. These additional benefits enhance this lot's appeal, especially since so few similarly priced lots are on today's market. Check out the Documents for Restrictions and Plats and Stop By and Give Yourself a Tour!
The Westlake shopping and business area, which offers many restaurants, businesses and a new modern medical facility preparing to open, is only 10 minutes away. As you'll notice from the photos, Smith Mountain Lake is still approximately 5' below full pond, which happens infrequently. As can be seen from the shore, the current water depth where your new dock will be built still has plenty of water depth to ensure you can launch your boat in these conditions. If you'd like an even deeper boat slip, dredging is allowed and relatively inexpensive. These additional benefits enhance this lot's appeal, especially since so few similarly priced lots are on today's market. Check out the Documents for Restrictions and Plats and Stop By and Give Yourself a Tour!
Location
State VA
County Franklin County
Community Compass Cove
Area 0.68
Direction From HFB, 122 S, L ON 616, L ON COMPASS COVE DR, R ON COMPASS COVE CIR, LOT ON THE RIGHT
Interior
Fireplace No
Exterior
Waterfront Description Cove,No Wake Area,Riprap Shoreline
View Lake, Sunrise
Garage No
Building
Lot Description Gentle Sloping
Sewer Private Septic
Water Public
New Construction No
Schools
Elementary Schools Dudley
Middle Schools Ben Franklin Middle
High Schools Franklin County
Others
Tax ID 048 14-026 00
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