Tract 2 Lakewatch, Moneta, VA 24121

$790,000

Virtual Tour

https://rapidimagery.hd.pics/Tract-2-Lakewatch-Dr

Property Type: Land Lot Size (sq. ft.): 892,980 Status: Active

Current Price: $790,000 List Date: 8/25/2026 Last Modified: 8/25/2026

Overview

Description

This tract is truly a rare commercial opportunity along Booker T. Washington Highway (VA 122), situated in the heart of Lakewatch Plantation--Smith Mountain Lake's most sought-after mixed-use community. The 20.495 acres offer exceptional visibility with approximately .32 miles of frontage along the region's primary corridor. Nearby VDOT measured segments on VA 122 consistently show strong daily traffic volumes, reinforcing the strategic value of this location for commercial development. The groundwork is already in place: public water and septic are available, and the property sits within both the Westlake Overlay District and the Westlake/Halesford Village Plan. These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented. This community currently has a bank, YMCA, retail center, Bojangles, lakefront homes, off water homes and patio homes

Supplements: These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented uses. Lakewatch Plantation continues to grow as one of Smith Mountain Lake's premier destinations, home to a full retail center, YMCA, bank, Bojangles, pond, and a blend of waterfront homes, off water residences, and patio ... (Read more)

Listing Details MLS# 930714

Location, Tax & Legal

Area: 0490 - SML Franklin County
Street Number: Tract 2
Street Name: Lakewatch
State/Province: VA
Zip Code: 24121
Subdivision: Lakewatch Plantation
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County

General Property Description

Land Type: Land (Acreage)
Land Sub-Type: Commercial Land
Total Acreage: 20.5
Manufactured Allowed: No
Water Class: N/A

More Information

Property Features

Limited Service: Not Limited Service Land Description: Gentle Sloping; Level Documents Available: Survey Electric Description: Other - See Remarks Water Description: Other - See Remarks Sewer Description: Other - See Remarks

Listing Office: DEB BERAN PROPERTIES

Last Updated: August - 25 - 2026

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