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Sold for $975,000 on 02/08/24
  • $975,000

    581 Lakestone Rd, Union Hall, VA 24176

    4beds
    2,112sqft
    Single Family Residence
    Built in 1971
    1.02 Acres Lot
    $1,009,500 Zestimate®
    $462/sqft
    $2,239 Estimated rent

    Home value

    $1,009,500

    $939,000 - $1.09M

    $2,239/mo

    Zestimate® history
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    What's special

    This Amazing property includes Two Gently sloping Waterfront Lots with over 300' of total Shoreline tucked into a nice clean Cove in the highly sought after Union Hall area. This amazing Cottage has over 2100sf of living space that has been thoroughly updated. It's decorated as 4 Bedrooms and 2 Bathrooms and has a 2 bedroom septic system. The huge covered rear deck provides beautiful views of the lake. The Dock was recently built by Turner's Dock Building. The 2nd lot has been perked for a 3 bedroom septic, has a sandy beach and plenty of room for a nice home if you'd like to invest in building one. A beautiful hardscaped walkway leads from the house to the dock and includes a new patio overlooking the lake and would be a great place to sit around a fire pit and enjoy the sunset. The Dock has an enclosed storage area with a roll-up window and plenty of room to entertain friends and family and an extra large floater to swim off of or tie your sailboat to. A second slip could be created if needed. Taxes are $2277 for Lot 6 with the House & Dock and $305 for Lot 5. Lot 5 has over 100' of Shoreline so it's possible to build a Dock on the Lot. The Property has had many Updates since the Owners purchased it. Here's a list of the Major Improvements: -Finished Basement. -New Dock built by Turner Dock Builders, with extra large floater. -Utility Shed added. -Kitchen Countertop and Sink. -New Dishwasher. -Updated Kitchen Backsplash. -Removal of Several Trees. -Hardscaped the walkway from the house to the Dock and Patio Area. -Driveway Grading and Paving. -New Bathrooms, Heated Floor in the Lower Level Bathroom. -Closed in the Loft area with a Wall, Door and Window. -Added Picture Window in the Great Room area. Boats and Kayaks are Available outside of Closing. These properties have a lot to offer! Don't miss out on the opportunity to purchase this beautiful home that has the views and seclusion with a gentle slope to the lake that you've been looking for.

    Zillow last checked: 8 hours ago

    Listing updated: November 27, 2024 at 12:06am

    Listed by:

    JIM SINGLETON 540-493-7253,

    BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC

    Bought with:

    DIANE KAY HOFFMAN, 0225248793

    PROPERTY NAVIGATORS LLC

    Source: RVAR,MLS#: 904095MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: E
    Primary bedroom
    • Level: L
    Bedroom 2
    • Level: E
    Bedroom 3
    • Level: U
    Dining area
    • Level: E
    Family room
    • Level: L
    Great room
    • Level: E
    Kitchen
    • Level: E
    Laundry
    • Level: L
    Other
    • Level: L
    Heating
    • Heat Pump Electric
    Cooling
    • Heat Pump Electric, Attic Fan
    Appliances
    • Included: Dryer, Washer, Dishwasher, Microwave, Electric Range, Refrigerator
    Features
    • Flooring: Carpet, Concrete, Laminate
    • Doors: Insulated, Sliding Doors
    • Windows: Clad, Insulated Windows, Skylight(s)
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: Great Room
    Interior area
    • Total structure area: 2,112
    • Total interior livable area: 2,112 sqft
    • Finished area above ground: 1,152
    • Finished area below ground: 960

    Property

    Parking
    • Parking features: Paved
    Features
    • Patio & porch: Patio, Rear Porch, Side Porch
    • Exterior features: Balcony
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront, Cove, Riprap Shoreline
    • Body of water: Smith Mtn Lake
    Lot
    • Size: 1.02 Acres
    • Features: Views
    Details
    • Parcel number: 0480205600 & 0480205500

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Wood
    Condition
    • Completed
    • Year built: 1971

    Utilities & green energy

    • Electric: 0 Phase
    • Water: Shared Well
    • Utilities for property: Cable Connected, Cable

    Community & neighborhood

    Location
    • Region: Union Hall
    • Subdivision: Holiday Farms

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/8/2024Sold$975,000-2.5%$462/sqft
    Source: RVAR #904095
    1/13/2024Pending sale$999,900$473/sqft
    Source: RVAR #904095
    1/5/2024Listed for sale$999,900+180.1%$473/sqft
    Source: RVAR #904095
    10/6/2017Sold$357,000-17%$169/sqft
    Source: RVAR #826280
    4/27/2017Price change$429,900-4.5%$204/sqft
    Source: MKB, REALTORS #826280

    Public tax history

    YearProperty taxesTax assessment
    2025$2,477 $576,100
    2024$2,477 +8.8%$576,100 +54.3%
    2023$2,277 $373,300

    Find assessor info on the county website

    Neighborhood: 24176

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Glade Hill
    • 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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