480 Lakeland DR
Moneta, VA 24121
MLS# 915308
3 beds | 3 baths | 1835 sqft
Property DescriptionWake up to breathtaking sunrises and enjoy beautiful sunsets over the tranquil waters of Smith Mountain Lake, where this enchanting A-frame cottage offers the perfect blend of luxury, comfort, and adventure. Nestled on 1.62 acres on a private road with 139 feet of pristine shoreline, this property is a true waterfront retreat designed for those who seek both relaxation and recreation. This exquisitely crafted A-frame home, separate bunk house (or workshop), and detached bathhouse are brimming with character, featuring cedar shake vinyl siding, expansive windows that flood the interior with natural light, and new luxury vinyl plank flooring throughout. Whether you envision this as your family home or a seasonal escape, every detail has been thoughtfully curated to enhance lakeside living.
Property Sub-Type: Single Family Residence
Construction Status: Completed
Residential Type: Detached
Total Acreage: 1.62
Entry Above Grd Fin SQFT: 884
Upper Above Grd Fin SQFT: 442
Lower Below Grd Fin SQFT: 0
Entry Below Grd Fin SQFT: 0
Other Above Grd Fin SQFT: 509
Other Below Grd Fin SQFT: 0
Total Fnshd SqFt: 1835
Total Above Grd Fin SQFT: 1835
Grand Total Attached SQFT: 1835
Basement Y/N: No
Water Class: Waterfront Property
Length of Waterfront: 143
Total Unfin SQFT: 0
Prim. Covered Prking: N/A
Add'l Covered Prkng: Not Applicable
Uncovered Parking: Off Street Parking
Uncovered # Spaces: 4
Total Cov'd Prk Spc: 0
Year Built: 1974
Total Bdrm: 3
Total Bths: 3
Total F Baths: 3
Major Area: 04 - Franklin County
Phase: 0
Tax ID: 030 01-011 00
Annual Taxes: 2353
Section: 0
Zoning Code: R1
POA Y/N: No
Area: 0490 - SML Franklin County
Street Number: 480
Street Name: Lakeland
Street Suffix: DR
State/Province: VA
Zip Code: 24121
Subdivision: Lakeland Park
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Directions: VA-122 to Merriman Way Rd to t/R on Periwinkle Rd to t/R on the private road Lakeland DR.
Ductless: 1
Heat Pump Electric: 1
# Fireplaces: 1
Gas Log: 1
Ceiling Fan(s): 1
Flue Available: 1
Clothes Dryer: 1
Clothes Washer: 1
Microwave Oven (Built In): 1
Refrigerator: 1
Floater: 1
Storage/Util Bldg: 1
Cove: 1
Riprap Shoreline: 1
BR Entry Level: 1
BR Upper Level: 2
Full Baths Entry Lvl: 1
Full Baths Upper Lvl: 1
Current Price: $889,000
Sold Price: $889,000
List Date: 2025-03-18
Status: Closed
Ratified Contract Dt: 2025-04-01
Sold Date: 2025-05-07
Style of House: 2 Story; Cottage; Other - See Remarks
Limited Service: Not Limited Service
Lot Description: Level; Views
Heating: Ductless; Heat Pump Electric
Cooling: Heat Pump Electric
Fireplace: Gas Log; Masonry; Living Room
Interior Features: Ceiling Fan(s); Flue Available
Appliances: Cook Top; Dishwasher; Clothes Dryer; Microwave Oven (Built In); Wall Oven; Refrigerator; Clothes Washer
Misc Features: Private Road
Water Description: Private Well
Sewer Description: Private Septic
Water Htr Energy: Electric
Internet Access: Other, See Remarks
Boat Dock Desc: A-Roof; Floater; Boat Hoist; Storage/Util Bldg
Water Features: Cove; Riprap Shoreline
Key Features & Highlights
Spacious & Inviting: The main home boasts three bedrooms and two full baths, offering ample space for family and guests. Main floor living, with a primary, en suite bath, laundry, and kitchen on the main level. The second floor boasts two additional guest bedrooms and a full bath.
Additional Detached Living Spaces: A bonus bunkhouse provides extra space for guests or children, while a separate detached bathhouse ensures lakeside conveniencekeeping sandy and wet feet from tracking inside.
Private Dock & Water Access: A stationary boat dock with a covered slip and lift makes your boating days effortless. The gradual water depth transition from shore to approximately 6-10 feet (at the dock) ensures an excellent swimming and boating experience.
Outdoor Entertaining Paradise: Expansive multi-level decking provides the perfect backdrop for gatherings, offering panoramic views of the lake and a seamless transition between indoor and outdoor living.
Freshly Updated & Move-In Ready: New windows and a redesigned entryway keep this stunning property as pristine as its surroundings.
Coveted Location: Situated on the peaceful and highly sought-after Betty's Creek waterway, known for exceptional water clarity, depth, and unbeatable fishing spots.
The Perfect Blend of Lifestyle & Convenience
Beyond the serenity of the lake, this property offers easy access to medical facilities, diverse dining, entertainment, and recreation. Whether you prefer a round of golf at private or public courses or a friendly game of tennis or pickleball, you're never far from adventure. High-speed internet also ensures you can seamlessly balance work and play in this idyllic setting.
This is more than a homeit's a lakeside haven. Whether you're drawn to the peaceful morning reflections on the water, thrilling days of boating and fishing, or evenings spent entertaining beneath the stars, this property delivers it all.
THIS PROPERTY MAY BE SOLD TURN-KEY WITH AN ACCEPTABLE OFFER. *See the list of furnishings, accessories, objects that may convey, AND exceptions.
2014 CHAPARRAL 246 SSI (354 HRS) AND A 2023 SEA-DOO GTI SE170 iBR + Sound System (43 HRS) may be sold separately, and these two items may only be sold via a separate bill of sale. Your real estate agent can provide pricing upon request.
Don't miss your chance to own a premier piece of Smith Mountain Lakeschedule your private tour today!
| Room Name | Level | Level |
| Kitchen | Entry | Entry |
| Laundry | Entry | Entry |
| Dining Area | Entry | Entry |
| Foyer | Entry | Entry |
| Primary Bedroom | Entry | Entry |
| Bedroom 2 | Upper | Upper |
| Bedroom 3 | Upper | Upper |
Listing Office: EXP REALTY LLC - SML
Last Updated: May - 09 - 2025
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