154 Key Lakewood DR, Moneta, VA 24121

$1,350,000

Beautifully renovated one level lakefront home on an open deep water cove with a long paved circular drive!!!

Beautifully Landscaped with full irrigation!

One of the most beautiful settings on the lake!!! Enjoy a leisurely stroll along a paved path leading to your private dock!!!

Oversized newly renovated garage with breezeway into the home!

The open breezeway offers character as you enter through the detailed mahogany door with stained glass side lights!

Dine while overlooking gorgeous lake views enjoy the thoughtfully designed space-saving recess, featuring a built in wine rack conveniently accessible from the both the kitchen and dining areas.

For the chilly mornings, enjoy the ambiance of a wood burning fireplace on main level and propane in the terrace level!

Beautiful detailing in the custom mantle!

Newly added custom recessed shelving in the living room.

Gorgeous refinished hardwood flooring and tile throughout main living areas on the main level!

The kitchen features a deep single-bowl sink and a premium GE Cafe' double oven combining style and functionality for everyday cooking and entertaining!

Unique design elements can be found in every room, highlighted by this custom tile backsplash!

Located off the kitchen, the sunroom features floor-to-ceiling windows on three sides, creating a bright, airy retreat offering panoramic views of Smith Mountain Lake!

Enjoy abundant outdoor living space featuring durable Trex SunComfortable Decking and maintenance free railings providing the perfect setting to take in breathtaking views of the sparkling waters of Smith Mountain Lake!

Charming tiny house featuring a breakfast bar and two queen beds!

Generous storage options available in this oversized storage shed!

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,560 Lot Size (sq. ft.): 52,708 Status: Closed

Current Price: $1,350,000 List Date: 6/09/2026 Last Modified: 7/16/2026

Overview

Description

Location, location, location! Nestled along a newly renovated dock within a deep-water cove at Smith Mountain Lake, this beautifully updated 3-bedroom, 3-bath waterfront retreat offers the lake lifestyle you've been dreaming of. Designed for both relaxation & entertaining, the home features a fully renovated kitchen, a main-level primary ensuite, and stunning stained-glass entry accents. Take in breathtaking year-round lake views from the brand-new Trex Deck, or make your way down the paved path to the private dock for effortless days on the water. The terrace level includes 2 furnished guest bedrooms, a spacious family room with a wet bar, and a propane fireplace, while the main level is anchored by a cozy wood-burning fireplace.

Supplements: Adding to the property's appeal, a detached tiny house with electricity, a mini-split system, a breakfast bar, and two queen beds provides flexible space for guests, a home office, or creative pursuits!

Listing Details MLS# 928334

Location, Tax & Legal

Area: 0490 - SML Franklin County
Street Number: 154
Street Name: Key Lakewood
Street Suffix: DR
State/Province: VA
Zip Code: 24121
Subdivision: Key Lakewood
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County

General Property Description

Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 1983
Total Bdrm: 3
Total Bths: 3
Total F Baths: 3
Entry Above Grd Fin SQFT: 1924
Lower Below Grd Fin SQFT: 1444
Total Fnshd SqFt: 3368
Total Above Grd Fin SQFT: 1924
Grand Total Attached SQFT: 3560
Total Unfin SQFT: 192
Basement Y/N: Yes
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Total Cov'd Prk Spc: 2
Total Acreage: 1.21
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 131

Status Change Info

Ratified Contract Dt: 2026-06-10
Sold Date: 2026-07-14

Unfinished Attached SQFT

Lower Below Grd Unfin SQFT: 192

Fireplace

# Fireplaces: 2

More Information

Primary Bedrooms

Primary BR Entry Lvl: Yes

Bedrooms

BR Entry Level: Yes
BR Lower Level: 2

Full Baths

Full Baths Entry Lvl: 2
Full Baths Lower Lvl: Yes

Laundry

Laundry Entry Level: Yes

Property Features

Style of House: 1 Story Limited Service: Not Limited Service Lot Description: Gentle Sloping; Views Construction: Wood Basement: Full; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Fireplace: Gas Log; Masonry; Basement; Family Room; Living Room Interior Features: Bookcases; Breakfast Area; Ceiling Fan(s); Storage; Walk-In Closet(s); Wet Bar Exterior Features: Deck; Garden Space; Patio; Paved Driveway; Sunroom Views: Lake Appliances: Dishwasher; Clothes Dryer; Microwave Oven (Built In); Refrigerator; Range Electric; Clothes Washer Misc Features: Underground Util Floors: Luxury Vinyl Plank; Tile - i.e. ceramic; Wood Exterior Doors: Sliding Water Description: Shared Well Sewer Description: Private Septic Water Heater Type: Tank Water Htr Energy: Electric Boat Dock Desc: Stationary; Boat Hoist; Storage/Util Bldg Water Features: Cove; Riprap Shoreline

Room Information

Room Name	Level
Living Room	Entry
Dining Area	Entry
Sun Room	Entry
Breakfast Area	Entry
Kitchen	Entry
Primary Bedroom	Entry
Bedroom 2	Lower
Bedroom 3	Lower
Den	Lower

Listing Office: KELLER WILLIAMS REALTY LYNCHBURG

Last Updated: July - 16 - 2026

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