Section Image

Moneta

Moneta

Located in Bedford County

$317,985 Average Value
$299 Average Price per Sq Ft
22 Homes For Sale

Moneta offers proximity to Smith Mountain Lake State Park

Within the Smith Mountain Lake area, Moneta, 25 miles from Roanoke, is appreciated for its proximity to the Smith Mountain Lake State Park, 8 miles away. “Moneta is near the Smith Mountain Lake, so it's a great resort community,” says Scott Fogleman, a Realtor with eXp Realty. Fogleman has been working in the industry since 2010. “The desirability, especially since COVID, to be in a place with great water views and outdoor recreation has been in high demand.” Moneta is a mixed area with residential and commercial areas surrounded by farmland. The community is not on the water but close enough to easily access the lakeside amenities and far enough away to avoid the crowds in summer.

Hike in community parks and boat on the lake

Moneta Park is a 119-acre park with 50 acres developed for a trail system, picnic shelters, sports fields and an 18-hole disc golf course. Along Old Moneta Road is the Moneta Community Park, which has a manicured field for soccer and a play structure.

The Smith Mountain Lake State Park, 8 miles away, defines the area, drawing weekenders, boaters and anglers to its shores. “The lake is man-made, designed to help provide power to the community, it was farmland that was damned, and the water was filled in,” says Fogleman. “You can swim in it, but the water drops off quickly, so you need life jackets, and then it's close to the mountains, so you get incredible views.” The park has a beach open from Memorial Day through Labor Day, and there are camp sites and trails throughout the area. Boating and fishing are popular pastimes on the lake, with many marinas and fishing docks lining the shore. “It’s a great lake for water sports: boats, water skiing, jet skiing and there's a large fishing tournament once a year,” says Fogleman.

Seasonal events in the area

The Moneta Library holds events and programs year-round, such as storytimes, arts and crafts and yoga classes. From May through August, the Moneta Farmers Market takes place on Wednesdays outside the library.

In July, Smith Mountain Lake hosts Pirate Days, a weekend-long event with a ball, a costume contest, a vendor market and boat battles. Everyone gets on their boats with water cannons and shoots at each other, says Fogleman. The B&W Trailer Heavy Hitters Bass Pro Tour takes place in May, and professional anglers compete to see who can catch the heaviest bass.

Single-family homes along winding roadways

Homes line winding roadways, with room for front and backyards. Houses on larger lots are built back from the road down dirt paths or long driveways. Homes are mainly single-family in the Colonial Revival and ranch-styles. They range in price from $200,000 to $400,000. “People will retire there. They’re looking for investments, they’ll visit on the weekend or rent out the property,” says Fogleman.

Commuters use state routes to reach nearby towns

State Route 24 leads 25 miles to Roanoke and state Route 122 leads 40 miles to Lynchburg, in the opposite direction. The same route leads to Bedford, 13 miles away, and Rocky Mount, 23 miles away. The Centra Bedford Memorial Hospital is 15 miles away, and the Roanoke-Blacksburg Regional Airport is 29 miles away. The Olive Branch Missionary Baptist Church is a 1896 historic house of worship in Moneta. Other houses of worship include the Bethlehem United Methodist Church and Promise Land Baptist Church.

Restaurants and retailers in Moneta

Edo Grill and Sushi shares a building with Cilantro Mexican Grill on Mercantile Street. Next door is Bella Vita Italian Restaurant, which serves classic Italian dishes and American pub fare in a diner decorated with wall murals. The Moneta Farm & Home Center, which sells construction materials, farm equipment, and lawn care items, is further up the road. Residents head to the Food Lion, 2 miles from Moneta, for groceries.

Students attend Bedford County schools

Bedford County Public Schools, which gets a B from Niche, serves the area. Children may attend Moneta Elementary, which also gets a B. Students continue to Staunton River Middle, which gets a B-minus and Staunton River High, which gets a C. The high school offers a career coach to assist students in defining their after-graduation plans and goals.

Isabella Pontecorvo
Written By
Isabella Pontecorvo

Interested in learning more about homes in this area? Reach out to Jessica Perdue, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Moneta Housing Trends

Housing Trends

Median List Price
$594,900
Median Sale Price
$567,500
Median Single Family Sale Price
$449,900
Median Townhouse Sale Price
$464,000
Median 2 Bedroom Sale Price
$448,900
Median Change From 1st List Price
2%
Last 12 months Home Sales
188
Median Home Sale Price YoY Change
29%
Average Price Per Sq Ft
$299

Neighborhood Facts

Number of Homes in Neighborhood
2,230
Number of Homes for Sale
22
Median Year Built
1993
Months of Supply
1.40
Average Single Family Home Size Sq Ft
2,573
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
1,374
Average 2 Bedroom Size Sq Ft
1,165
Average 1 Bedroom Size Sq Ft
694
Average Studio Size Sq Ft
575
Median Lot Size Sq Ft
34,412

Open Houses

  • 88 Stripers Landing Rd, Moneta, VA 24121

    $425,000

    • 3 Beds
    • 2 Baths
    • 2,372 Sq Ft
    • 88 Stripers Landing Rd
    • New 8 days ago

    Charming home in a desirable Smith Mountain Lake community! Featuring a split bedroom design, this home offers a spacious primary suite complete w/a walk-in closet, while 2 additional bedrooms & a full bathroom provide plenty of space for family or guests. The open-concept kitchen & dining area flows easily into the light-filled sunroom which provides the perfect spot to relax. Downstairs, the

    Agent Photo
    Billy Kingery
    MOUNTAIN TO LAKE REALTY
    (540) 802-4473
    Section Image
    Section Image
  • 86 Wagon Watch Ln, Moneta, VA 24121

    $439,000

    • 3 Beds
    • 2 Baths
    • 1,665 Sq Ft
    • 86 Wagon Watch Ln
    • New 16 days ago

    Comfortable, Updated, and Accessible One-Level Living and super close to the Lake! Welcome to this well-maintained and thoughtfully designed three-bedroom, two-bath home offering true one-level living with modern updates and comfort throughout. Ideal for accessibility, the home features handicapped accessible doorways and custom base cabinets with easy-glide drawers to enhance daily

    Agent Photo
    Jessica Perdue
    MKB, REALTORS(r)
    (540) 590-5272
    Section Image
    Section Image
  • Lot 12 Gap Bridge Rd, Moneta, VA 24121

    $18,500

    • Lot 12 Gap Bridge Rd
    • New 26 days ago

    Build Your Dream Retreat at Smith Mountain Lake! Discover this beautiful wooded lake-access lot nestled within the highly sought-after Beechwood West community. Whether you're looking to build a full-time residence or a peaceful vacation getaway--with the potential for short-term rental income--this lot offers the ideal setting. Enjoy access to a wealth of community amenities, including a private

    Agent Photo
    Dana Montgomery
    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
    (540) 385-3807
    Section Image
    Section Image

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Moneta Has More Owners

Demographics

Total Population
493
Median Age
51
Population under 18
19.1%
On par with the national average
23.8%
Population over 65
28.8%
Above the national average
19.1%

Finances

Median Household Income
$56,447
Significantly below the national average
$71,702
Average Household Income
$90,765

Education and Workforce

High School Graduates
92.8%
College Graduates
28.7%
Below the national average
34.1%
Advanced Degrees
15.7%
% Population in Labor Force
55.1%
Below the national average
65.1%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
29°F
Average Summer High Temperature
88°F
Annual Snowfall
1''

Area Factors

Somewhat Bikeable

Bike Score®®

17 / 100

Car-Dependent

Walk Score®®

9 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Moneta