$1,600,000
701 Compass Cove CIR
Moneta, VA 24121
MLS# 912866
4 beds  |  4.1 baths  |  4292 sqft


701 Compass Cove CIR, Moneta, VA 24121
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Property Description
This extraordinary custom designed 4,292 FSF, 4 BR, 4 1/2 bathroom SML Franklin County WF home with its awesome long water views, 146' WF, large great-for-entertaining dock with cabana and other outside dining areas and numerous upgrades and special features is centrally located in a highly-sought-after-no-wake cove off of the lake's main channel just south of the State Park's ''S-Curve'' and north of the Bernard's Landing Resort Community. Its prime lake location provides great boating access north to the State Park & Bridgewater Shopping Plaza at Halesford Bridge, south and east to picturesque Smith Mountain and SML Dam area shorelines and south and west to all of the lake waters on the Blackwater area of the lake. Also, it is only a 15 minute drive to the Westlake Shopping Area.

Details
Contract Information
Current Price: $1,600,000
Sold Price: $1,600,000
List Date: 2024-12-04
Status: Closed
General Property Description
Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 2006
Total Bdrm: 4
Total Bths: 4.1
Total F Baths: 4
Total H Baths: 1
Entry Above Grd Fin SQFT: 2259
Lower Below Grd Fin SQFT: 2033
Total Fnshd SqFt: 4292
Total Above Grd Fin SQFT: 2259
Grand Total Attached SQFT: 4292
Basement Y/N: Yes
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Uncovered Parking: Off Street Parking
Uncovered # Spaces: 4
Total Cov'd Prk Spc: 2
Total Acreage: 0.64
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 146
Location Legal Taxes
Area: 0490 - SML Franklin County
Street Number: 701
Street Name: Compass Cove
Street Suffix: CIR
State/Province: VA
Zip Code: 24121
Subdivision: Compass Cove
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Status Change Info
Ratified Contract Dt: 2024-12-16
Sold Date: 2025-01-31
Sold Price: $1,600,000
Fireplace
# Fireplaces: 2
Internet Access
Cur'nt Internet Prov: SML Wireless
Primary Bedrooms
Primary BR Entry Lvl: 1
Bedrooms
BR Entry Level: 2
BR Lower Level: 2
Full Baths
Full Baths Entry Lvl: 2
Full Baths Lower Lvl: 2
Half Baths
Half Baths Entry Lvl: 1
Laundry
Laundry Entry Level: 1
Water Details
Channel Marker: R11
Shoreline Mgmt Plan: Yes
Number Covered Slips: 2
Property Features
Style of House: Contemporary
Limited Service: Not Limited Service
Lot Description: Other - See Remarks; Varied
Construction: Fiber Cement; Stone
Basement: Full; Walk-Out Access
Heating: Heat Pump Electric; Zoned
Cooling: Heat Pump Electric; Zoned
Fireplace: Family Room; Great Room
Interior Features: Bookcases; Breakfast Area; Cathedral Ceiling(s); Theater Room; Wet Bar; Whirlpool Bath; Wired for Sound; Wired For Data
Exterior Features: Deck; Patio; Paved Driveway
Views: Lake
Appliances: Cook Top; Dishwasher; Microwave Oven (Built In); Garage Door Opener; Wall Oven; Refrigerator
Misc Features: Cable TV; Maint-Free Exterior; Paved Road; Underground Util
Floors: Carpet; Tile - i.e. ceramic; Wood
Windows: Insulated
Exterior Doors: Insulated
Porch: Screened Porch; Front Porch
Water Description: Public
Sewer Description: Private Septic
Water Heater Type: Tank
Water Htr Energy: Electric
Internet Access: Other, See Remarks
Boat Dock Desc: A-Roof; Floater; Stationary; Boat Hoist; Storage/Util Bldg
Water Features: Cove
Supplements
This home has many special features and numerous upgrades, including an open floor plan on main living level, featuring a gourmet kitchen with high-end appliances, granite counter tops, custom cabinetry, breakfast bar, specially designed adjoining intimate dining area with bay windows, adjoining library with its stacked stone fireplace & built-in bookcases and adjoining great room with cathedral ceiling- each such open area with its own awesome, breathtakingly beautiful water and picturesque countryside views. In addition, the entry living level includes a formal dining room, a large master suite with lake views, master bath with over-sized, doorless tiled shower & whirlpool bath plus two walk-in closets, an office or additional bedroom with full bath, a half bath and a large laundry. The lower level offers an additional 2,000 plus FSF with two bedrooms with lake views, two full bathrooms, a media/home theatre room, an exercise equipment room, which could be used for a 5th bedroom, a wet bar and adjoining large family room with the second gas log fireplace which opens to an enclosed and covered screened porch/patio area overlooking the lake. Also on this level is a 226 SF unfinished storage room. Most discerning, qualified buyers would be very happy to stop with all of the above-special features, but this home also offers multiple exterior entertaining, dining and relaxing areas for small and large groups of family and friends with awesome water views. Starting with a large deck off of the main entry level of the home, this home also has a large additional exterior dining area with marble covered table that will accommodate 10 and a separate lounging area for two off of the lower level, a beautiful stone patio with fire pit with water fountain below along the stone paved walkway to the dock each with its own fantastic water views. This large, great-for-swimming dock offers a covered cabana seating and entertaining area with dining table where you can also keep your boat and PWC, canoe or other floating toys under cover and/or in the enclosed storage space. This home also comes with irrigation and security systems, two HVAC systems for your comfort that serve both levels, numerous ceiling fans, and all LED lighting fixtures and an 80 gallon stainless steel water tank for energy savings and durability. The current owners have made several very significant recent improvements and upgrades to this home, which are described in a separate document attached to this listing. And finally, since the current owners are in the process of downsizing to a smaller home, they are willing to convey at no additional cost to the successful purchaser numerous additional personal property items of significant value, which are described in an additional separate document attached to this listing.
Room Information
Room Name Level Level
FoyerEntryEntry
Great RoomEntryEntry
KitchenEntryEntry
Breakfast AreaEntryEntry
Dining RoomEntryEntry
Primary BedroomEntryEntry
Bedroom 2EntryEntry
LaundryEntryEntry
LibraryEntryEntry
Family RoomLowerLower
Game RoomLowerLower
OfficeLowerLower
Bedroom 3LowerLower
Bedroom 4LowerLower

Listing Office: RE/MAX LAKEFRONT REALTY INC

Last Updated: January - 13 - 2026

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