428 Anchor DR, Moneta, VA 24121

$1,058,000
Property Type: Residential Bedrooms: 5 Baths: 4.1 Square Footage: 4,638 Lot Size (sq. ft.): 17,860 Status: Closed
Current Price: $1,058,000 List Date: 2/02/2026 Last Modified: 5/27/2026

Overview

Description

Rare opportunity to acquire a high-upside Smith Mountain Lake property in one of the lake's rarest short-term rental areas of the lake with the bonus of a hot resale corridor — no homeowners association and no HOA fees. Ideally located on the 6th hole of The Waterfront Country Club with direct sunrise exposure, this home offers exceptional access by both land and water,. This location and setting delivers on both wild potential rental performance and long term appreciation. The thoughtfully designed multi-level, multi-living layout offers three distinct living zones, multiple primary suites, and a fully equipped lake-level apartment with second kitchen — creating ideal separation, privacy, and flexibility for guests, family, or rental use. Two private docks — including a main dock with

Supplements: party deck and floater Optional additional amenities include proximity to the community pool, clubhouse dining, and championship golf. Offered at a price point that reflects future updates and modernization. Offers an outstanding foundation for buyers seeking to renovate, reposition, and maximize future income potential and appreciation.

Listing Details MLS# 924369

Location, Tax & Legal

Area
0490 - SML Franklin County
Street Number
428
Street Name
Anchor
Street Suffix
DR
State/Province
VA
Zip Code
24121
Subdivision
The Waterfront
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
1982
Total Bdrm
5
Total Bths
4.1
Total F Baths
4
Total H Baths
Yes
Entry Above Grd Fin SQFT
1645
Upper Above Grd Fin SQFT
1022
Lower Below Grd Fin SQFT
1119
Total Fnshd SqFt
3786
Total Above Grd Fin SQFT
2667
Grand Total Attached SQFT
4638
Total Unfin SQFT
852
Basement Y/N
Yes
Prim. Covered Prking
Garage Attached
# Prim Cov Spaces
2
Total Cov'd Prk Spc
2
Total Acreage
0.41
Water Class
Waterfront Property
Water ID
Smith Mtn Lake
Length of Waterfront
103

Status Change Info

Ratified Contract Dt
2026-04-07
Sold Date
2026-05-26

Unfinished Attached SQFT

Entry Above Grd Unfin SQFT
679
Upper Above Grd Unfin SQFT
173

Fireplace

# Fireplaces
2

More Information

Internet Access

Cur'nt Internet Prov
Shentel

Primary Bedrooms

Primary BR Entry Lvl
Yes

Bedrooms

BR Entry Level
Yes
BR Upper Level
3
BR Lower Level
Yes

Full Baths

Full Baths Entry Lvl
Yes
Full Baths Upper Lvl
2
Full Baths Lower Lvl
Yes

Half Baths

Half Baths Entry Lvl
Yes

Laundry

Laundry Entry Level
Yes
Laundry Upper Level
Yes

Water Details

Number Covered Slips
Yes

Property Features

Style of House: Contemporary Limited Service: Not Limited Service Lot Description: Gentle Sloping; Wooded Construction: Wood Basement: Full; Walk-Out Access Heating: Ductless Cooling: Ductless Fireplace: Living Room; Recreation Room Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Central Vacuum; Skylight Exterior Features: Balcony; Deck; On Golf Course; Paved Driveway Views: Lake; Sunrise Appliances: Dishwasher; Clothes Dryer; Wall Oven; Refrigerator; Range Electric; Clothes Washer Misc Features: Cable TV; Furnished; Underground Util Area Amenities: Private Golf Floors: Carpet; Tile - i.e. ceramic; Wood Windows: Insulated Exterior Doors: Sliding; Wood Porch: Covered Porch; Front Porch; Rear Porch Water Description: Public Sewer Description: Private Septic Water Heater Type: Tank Water Htr Energy: Electric Internet Access: Cable Boat Dock Desc: Party Deck; Floater; Stationary; Boat Hoist; Storage/Util Bldg Water Details: Short Term Rental

Room Information

Room Name Level
Primary Bedroom Entry
Bedroom 2 Upper
Bedroom 3 Upper
Bedroom 4 Upper
Bedroom 5 Lower
Dining Area Entry
Family Room Entry
Kitchen Entry
Kitchen Lower
Living Room Entry
Recreation Room Lower
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Last Updated: May - 27 - 2026
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