Smith Mountain Lake Waterfront Investment | Build, Rent, or HoldCapitalize on a rare waterfront opportunity on Smith Mountain Lake with this versatile property offering a proposed 4,036+/- sq ft home featuring 4 bedrooms, 3 full baths, and 2 half baths. Situated on a gently sloping lot with 110 feet of waterfrontage, the property offers strong appeal for both resale and rental, enhanced by open water views and a location close to dining, shopping, and healthcare. Community amenities include a clubhouse, tennis courts, and short-term rental potential, increasing income opportunities. Builder-Ready Advantage: A preferred builder with pre-designed plans is available--helping reduce development timelines, control costs, and bring your investment to market faster. Multiple Exit Strategies:
" Build and sell for profit
" Hold as a short-term rental asset
" Purchase the lot only and build later
Added Flexibility: The lot is also available for separate purchase, giving investors full control over build timing and strategy.
New construction
$1,750,000
42 Oak Hollow Rd, Moneta, VA 24121
4beds
4,036sqft
Est.:
Single Family Residence
Built in 2026
0.59 Acres Lot
$1,723,100 Zestimate®
$434/sqft
$22/mo HOA
What's special
Gently sloping lotOpen water views
- 154 days |
- 422 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
TIMOTHY A BASHAM 540-537-4556,
RE/MAX LAKEFRONT REALTY INC
Source: RVAR,MLS#: 922817
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Primary bedroom
- Level: E
Bedroom 2
- Level: E
Bedroom 3
- Level: E
Bedroom 4
- Level: L
Dining room
- Level: E
Family room
- Level: E
Family room
- Level: L
Kitchen
- Level: E
Laundry
- Level: E
Living room
- Level: E
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Appliances
- Included: Dishwasher, Gas Range, Refrigerator
Features
- Storage
- Flooring: Laminate, Ceramic Tile
- Doors: Insulated, Wood
- Windows: Insulated Windows
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 4,036
- Total interior livable area: 4,036 sqft
- Finished area above ground: 2,300
- Finished area below ground: 1,736
Property
Parking
- Total spaces: 2
- Parking features: Attached, Paved, Garage Door Opener
- Has attached garage: Yes
- Covered spaces: 2
Features
- Patio & porch: Deck, Front Porch, Rear Porch
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Waterfront, Cove, Main Channel
- Body of water: Smith Mtn Lake
Lot
- Size: 0.59 Acres
Details
- Parcel number: 232C2442
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
Condition
- New Construction,Proposed
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: 0 Phase
- Water: Community System
Green energy
- Energy efficient items: 2 X 6 Exterior Walls
Community & HOA
Community
- Subdivision: Beechwood Shores
HOA
- Has HOA: Yes
- HOA fee: $266 annually
Location
- Region: Moneta
Financial & listing details
- Price per square foot: $434/sqft
- Annual tax amount: $902
- Date on market: 11/17/2025
- Road surface type: Paved
Estimated market value
$1,723,100
$1.64M - $1.81M
$5,401/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Price change | $1,750,000+257.9%$434/sqft |
Source:  RVAR #922817 Report a problem | ||
| 11/17/2025 | Listed for sale | $489,000$121/sqft |
Source: RVAR #922814 Report a problem | ||
| 10/2/2025 | Listing removed | $489,000$121/sqft |
Source: RVAR #915766 Report a problem | ||
| 4/1/2025 | Listed for sale | $489,000$121/sqft |
Source: RVAR #915766 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$9,114/mo
Principal & interest
$8523
Property taxes
$569
HOA Fees
$22
More affordability tools
Climate risks
Neighborhood: 24121
Nearby schools
GreatSchools rating
- 5/10Moneta Elementary SchoolGrades: PK-5Distance: 4 mi
- 5/10Staunton River Middle SchoolGrades: 6-8Distance: 6.9 mi
- 3/10Staunton River High SchoolGrades: 9-12Distance: 7 mi
Schools provided by the listing agent
- Elementary: Moneta
- Middle: Staunton River
- High: Staunton River
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Virginia
- Bedford County
- Moneta
- 24121
- 42 Oak Hollow Rd
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