$799,999
$50K PRICE DROP

740 Summit Ln Bracey, VA 23919

Estimated payment $4,620/month

Total Views 9,825
3 Beds
2 Baths
1,919 Sq Ft
$417 Price per Sq Ft

Highlights

  • Boathouse
  • Waterfront
  • Main Floor Primary Bedroom
  • Boat Lift
  • Deck
  • Front Porch

About This Home

Flexibility and opportunity await you here: This three bedroom, two bath Lake Gaston waterfront home, with FIVE-bedroom septic system in place (for your future expansion!), features a flat, private lot for a peaceful and relaxing get away! It checks off LOTS of boxes for most in single or multifamily living, offering an unfinished basement and unfinished upstairs, and no steps to tackle on the way to the lake for this property. The double boathouse has the perfect setup for your future boathouse bar, offering versatility with storage. The large open deck doubles for seating, sunning or just chilling. Private lakeside fire pit is convenient to the main level deck and the walkout basement (with dry space covering the outdoor patio), providing numerous areas for entertaining and gathering. Perfect for a growing family or two families, this home offers ample living space on the main floor now with unlimited potential for expansion as your family grows. Occupied, but easy to show. Seller requests 2-hours advance notice. The unfinished space included rough-in plumbing in the basement for a full bath and kitchen, so this is ideal for a growing family or two families! Gentle slope is perfect for lakeside entertaining, soaking in the lake, and hanging out on the boathouse. Boathouse has space for your future mini bar and lakeside entertainment. I live on and Love Poplar Creek! The lake water is usually warm early in the season and is comfortable for floating, playing volleyball in the water, king of the mountain--you name it! If it involves water, it is more fun at the Lake!

Listing Agent

Dora Smith

NextHome 1st Choice Brokerage Email: 4346366398, LKG1stChoice@gmail.com License #0225195359 Listed on: 04/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,334

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 1.96 Acre Lot
  • Waterfront

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,919 Sq Ft Home
  • 1.5-Story Property
  • Tray Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Insulated Doors
  • Living Room with Fireplace
  • Luxury Vinyl Plank Tile Flooring
  • Views of Cove
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Boat Lift
  • Boathouse
  • Deck
  • Front Porch

Schools

  • Brunswick County Elementary School
  • Brunswick County Middle School
  • Brunswick County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • Billy Hunt Association
  • Poplar Cove Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number INST# 202300695/MAP 97H 33

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,334

Year Built

Built in 2011 | Remodeled

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Directions: From Highway 903 turn onto Hillside Road. Continue until Hillside turns into Summit Lane (stay left). After sharp curve, house is on the right. Look for agency sign.
  • Property Sub Type: Modular-Off Frame,Residential/Vacation
  • Prop. Type: Residential
  • Year Built: 2011
  • Lot Size Acres: 1.957
  • Lot Size: 1.957
  • Road Surface Type: Paved
  • Water Body Name: Lake Gaston NW Quad
  • Subdivision Name: Poplar Cove
  • Above Grade Finished Sq Ft: 1919
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Attribution Contact: 4346366398, LKG1stChoice@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, Range/Oven-Electric, Washer, Dryer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Interior Amenities: Tray Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Luxury Vinyl Plank
  • Living Area: 1919
  • Window Features: Window Treatments
  • Master Bedroom Master Bedroom Level: Main

Exterior Features

  • Fencing: None
  • View: Cove
  • View: Yes
  • Waterfront Features: Boathouse/Double, Boat Lift(s), Lake Gaston, Poplar Creek (NW)
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Rear Porch, Side Porch, Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: None-Carport, Gravel Drive

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Fireplace(s), Electric
  • Sewer: Septic Tank
  • Laundry Features: Washer &/or Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association Name: Billy Hunt
  • Association: Yes

Schools

  • Elementary School: Brunswick County
  • High School: Brunswick County
  • Middle Or Junior School: Brunswick County

Lot Info

  • Lot Size Sq Ft: 85246.92
  • Farm Land Area Units: Square Feet
  • Parcel #: INST# 202300695/MAP 97H 33
  • Zoning Description: Other

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: 15 / 315
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,334 $666,800 $240,000 $426,800
2023 $2,142 $329,500 $88,000 $241,500
2022 $2,142 $329,500 $88,000 $241,500
2021 $2,142 $329,500 $88,000 $241,500
2020 $1,746 $329,500 $88,000 $241,500
2019 $1,746 $329,500 $88,000 $241,500
2018 $1,746 $329,500 $88,000 $241,500
2017 $1,572 $302,400 $84,000 $218,400
2016 $1,421 $302,400 $84,000 $218,400
2015 -- $302,400 $84,000 $218,400
2014 -- $302,400 $84,000 $218,400
2011 -- $67,700 $67,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Price Changed $799,999 0.0% $417 / Sq Ft
08/30/2025 08/30/25 Price Changed $799,900 -1.9% $417 / Sq Ft
06/05/2025 06/05/25 Price Changed $815,000 -4.1% $425 / Sq Ft
04/01/2025 04/01/25 For Sale $849,900 +30.8% $443 / Sq Ft
05/17/2023 05/17/23 Sold $650,000 0.0% $339 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $650,000 -- $339 / Sq Ft
Source: Roanoke Valley Lake Gaston Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 139204

APN: 97-H-3-3