For buyers searching for the perfect Smith Mountain Lake property, it often comes down to a choice between purchasing an existing house and or custom building one.
Homes here come in every size, style and price range, but building on a Smith Mountain Lake lot or land also has its advantages.
Chances are there is a house in a gorgeous waterfront development or lake access neighborhood that meets almost all of your needs. Many Smith Mountain Lake communities are made up of homes built to personal preferences, whether for an individual family or by a builder who knows what lake home buyers are looking for.
But if you’ve shopped for a while and are still coming up dry, purchasing a lot or land on which to build your dream house on may be the best choice.
Of course, building takes considerably more time and energy than moving right in to something already built, so it’s important to weigh the pros and cons carefully.
Available Smith Mountain Lake Waterfront Lots
IDX MLS IDX Listing Disclosure © 2025
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
Available Smith Mountain Lake Water-Access Lots
IDX MLS IDX Listing Disclosure © 2025
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
What Are The Advantages to Custom Building at Smith Mountain Lake?
Custom building your Smith Mountain Lake home means you will get personalized design and style choices, plus the advantage of making lasting community connections.
You get to be the authority on size, floor plan, materials, appliances and finishes. You also can dictate how your money is being spent according to what your prioritize most. Is it high-end finishes, more square footage or perhaps an expanded outdoor living space to better enjoy Smith Mountain Lake?
Another great advantage is that when you custom build your lake home, you get to have a direct connection with your excavator, builder, plumber, electrician, interior designer, HVAC installer, painting contractor and anyone else working on the property. These relationships may come in handy down the road as you invest in the upkeep of your property.
Many lake area buyers want a home that can accommodate frequent guests. Custom building is a great way to ensure the house is designed to make it easy for family and friends to visit.
Is Smith Mountain Lake A Good Place to Custom Build?
Absolutely. There are homes being custom built here year-round and a number of highly qualified builders and contractors available.
The area offers a wide selection of home building supplies, specialty suppliers, interior decorators, home and garden outlets and professionals who can point you in the right direction.
What are the Disadvantages to Building at Smith Mountain Lake?
The same as anywhere else. Custom building can be a lot of work and requires constant decision making and patience. It is a commitment, but the end result is a home constructed to meet your exact needs and desires.
If you’re considering buying a Smith Mountain Lake property to build on, take a look at our available lots and land options. Then, check out our professional directory for builder recommendations and other home industry professionals.
At Deb Beran Properties, we are here to help you live exceptionally at Smith Mountain Lake!
Smith Mountain Lake Waterfront Lot Sales Market Analysis
[pdf id=5240]Want More Stats on the SML Real Estate Market?
Find even more information on the Smith Mountain Lake real estate market in my Market Report, which is updated monthly and includes details on some of SML’s most popular communities such as The Water’s Edge, Bernard’s Landing and Mariners Landing.
