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For sale
  • Price cut: $30K (6/10)
    $895,000

    540 Lakeshore Terrace Rd, Hardy, VA 24101

    4beds
    3,818sqft
    : 
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    Single Family Residence
    Built in 1993
    2.25 Acres Lot
    $864,300 Zestimate®
    $234/sqft
    $-- HOA

    What's special

    Lakefront propertyWalkout basementPark like settingOpen concept living planGranite counter topsTons of water frontageNew stainless appliances
    Lakefront property , 4 Bed 3 Bath log-style home in Lakeshore Terrace on 3 lots. Open concept living plan., first floor primary bedroom with newly renovated bath, large back trex double deck, walkout basement and 2 car garage. New stainless appliances and granite counter tops. A park like setting and tons of water frontage, 2 covered docks. Ideal for skiing, tubing, fishing and kayaking in a less trafficked area. 15 min to Westlake Center and Downtown Roanoke
    55 days
    |
    1,154
    |
    63
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    SUSAN BAILEY 540-525-1844,

    LONG & FOSTER - ROANOKE OFFICE

    Source: RVAR,MLS#: 926659MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Heat Pump Electric, Zoned
      Cooling
      • Central Air, Heat Pump Electric, Zoned
      Appliances
      • Included: Dryer, Washer, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
      Features
      • Storage
      • Flooring: Ceramic Tile, Wood
      • Doors: Insulated, Storm Door(s)
      • Windows: Insulated Windows, Tilt-In
      • Has basement: Yes
      • Number of fireplaces: 1
      • Fireplace features: Masonry, Flue Available
      Interior area
      • Total structure area: 4,169
      • Total interior livable area: 3,818 sqft
      • Finished area above ground: 2,542
      • Finished area below ground: 1,276
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      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Under, Paved, Garage Door Opener, Off Street
      • Has attached garage: Yes
      • Covered spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch, Rear Porch
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Sunrise, Sunset
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Waterfront, Main Channel
      • Body of water: Smith Mtn Lake
      Lot
      • Size: 2.25 Acres
      • Features: Cleared, Gentle Sloping
      Details
      • Parcel number: 001 01074 00, 001 01073 00, 00101075.0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Log, Stucco
      Condition
      • Completed
      • Year built: 1993

      Utilities & green energy

      • Electric: 5 Phase
      • Water: Community System
      • Utilities for property: Cable Connected, Underground Utilities, Cable
      Green energy
      • Energy efficient items: 2 X 6 Exterior Walls

      Community & HOA

      Community
      • Features: Marina Access
      • Security: Security System
      • Subdivision: Lakeshore Terrace
      HOA
      • Has HOA: No
      Location
      • Region: Hardy

      Financial & listing details

      • Price per square foot: $234/sqft
      • Tax assessed value: $551,200
      • Annual tax amount: $3,849
      • Date on market: 4/17/2026
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        Estimated market value

        $864,300

        $821,000 - $908,000

        $3,166/mo

        Price history

        DateEventPrice
        6/10/2026Price change$895,000-3.2%$234/sqft
        Source: RVAR #926659 Report a problem
        5/18/2026Price change$925,000-5.1%$242/sqft
        Source: RVAR #926659 Report a problem
        4/17/2026Listed for sale$975,000+167.1%$255/sqft
        Source: RVAR #926659 Report a problem
        6/22/2012Sold$365,000$96/sqft
        Source: RVAR #779575 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,370 $551,200
        2024$2,370 -3.5%$551,200 +36.9%
        2023$2,456 $402,600
        2022$2,456 $402,600
        2021$2,456 $402,600
        2020$2,456 +4.5%$402,600 +4.5%
        2019$2,350 $385,300
        2018$2,350 $385,300 +11.3%
        2017$2,350 +16.1%$346,200
        2016$2,025 $346,200
        2015$2,025 +8.3%$346,200
        2014$1,869 --
        2013$1,869 $346,200
        2012-- --
        2011-- --
        2010-- --

        Find assessor info on the county website

        Monthly payment

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          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 24101

          Getting around

          0 / 100
          Car-Dependent
          2 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Windy Gap
          • Middle: Ben Franklin Middle
          • High: Franklin County

          Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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