$325,000
SOLD MAR 14, 2025

Lot 18 Compass Cove Cir Moneta, VA 24121

1.21 Acres
$268,595 Price per Acre
52,708 Sq Ft Lot

Recently Sold

12% Below List Price

78 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Lake View
  • Gentle Sloping Lot
  • 1 Dock Slip

About This Lot

As of March 2025

This 1.21-acre waterfront lot in prestigious Compass Cove is a rare find. Located in a serene no-wake zone, it offers tranquility and stunning views of Smith Mountain Lake. With utilities installed, transitioning to your dream home is seamless. Ellis Custom Homes has prepared approved building plans to maximize lake vistas. Permits, designs, and utilities are ready for immediate construction. The cleared property has a staked home site and a gravel path leading to a single-slip dock with a nice cabana for storage & entertaining and also has deep water. Perfect for swimming, paddleboarding, kayaking, and fishing, this is a unique opportunity to create your lakeside sanctuary and enjoy a peaceful, luxurious lifestyle. Drainfield is already installed and public water available.

Last Agent to Sell the Property

Casey Johnson

RE/MAX LAKEFRONT REALTY INC License #0225217325 Listed on: 11/18/2024

RE/MAX LAKEFRONT REALTY INC

Co-Listed By

Phyllis Johnson

RE/MAX LAKEFRONT REALTY INC License #0225113616

Last Buyer's Agent

Dawn Lambert

EXP REALTY LLC - SML License #0225224587

EXP REALTY LLC - SML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,128

Lot Details

  • 1.21 Acre Lot
  • 100 Feet of Waterfront
  • Gentle Sloping Lot
  • Property is zoned R1

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Dudley Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Additional Features

  • Lake Views
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 18

Community Details

Overview

  • Greg Cavallaro Association
  • Compass Cove Subdivision

Recreation

  • Dock has a Storage Area
  • 1 Dock Slip
  • Covered Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,128

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Type: Land
  • Views: Lake
  • CondoAssocYN: No
  • ElectricDescription: Below Ground
  • Land Sub Type: Residential - Single Family
  • LengthOfWaterfront: 100.00
  • Major Area: 04 - Franklin County
  • OtherWaterDetailsNbrOfCoveredSlips: 1
  • Phone Email: 540-817-1984
  • P O A Condo Contact Name: Greg Cavallaro
  • POATerms: Annual
  • Hoa2 Or Poa: Yes
  • RatifiedContractDt: 2025-02-04
  • Water Class: Waterfront Property
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Other - See Remarks
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Underground Util

Schools

  • Elementary School: Dudley
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope
  • Total Acreage: 1.21
  • Lot: 18
  • Land Type: Lot
  • ZoningCode: R1

Tax Info

  • Taxes (6 mo): 1128.00
  • FILLTAXID: 0481401800

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $325,000 -12.1% --
02/04/2025 02/04/25 Pending -- -- --
11/18/2024 11/18/24 For Sale $369,900 +124.2% --
12/11/2020 12/11/20 Sold $165,000 -17.5% --
10/22/2020 10/22/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $199,900 -- --
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 912529

Roanoke Valley Association of REALTORS®