• Skip to primary navigation
  • Skip to main content

Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Deborah F. Beran Inc., Broker/Owner
ABR, CFSP, CLHMS, CRS, GRI, Guild Elite, MCNE
Schedule a home tour
  • Home
  • Listing Your Home
    • Featured Listings
  • Search SML Real Estate
    • Search Waterfront Homes $0 – 799k
    • Search Luxury Waterfront Homes $800+
    • Search Lake Access Properties
    • Search Golf Community Properties
    • Search SML Condos & Townhomes
    • Search SML Land & Lots
    • Search Franklin County Real Estate for Sale
      • Search Waterfront Homes in Franklin County
    • Search Bedford County VA Real Estate for Sale
      • Search Waterfront Homes in Bedford County
    • Search Waterfront Homes in Pittsylvania County
  • Top Communities
    • Beechwood Shores
    • Beechwood West
    • Bernard’s Landing Resort
    • The Boardwalk
    • Copper Cove (The Westlake)
    • Harbor Village
    • Isle of Pines
    • Mariners Landing Resort
    • Mountain View Shores
    • Village East
    • The Waterfront
    • The Water’s Edge
    • Waverly
  • SML Info
    • Find SML Accommodations
    • All About SML
    • SML Restaurant Guide
    • Things to do at SML
    • Smitty – Our Moving Truck
    • SML Professional Directory
    • AEP Shoreline Management
    • SML Current Water Level
    • SML Map
  • Market Data
    • Subscribe
    • Current Market Update
    • 10 Most Expensive SML Homes
  • News
  • Reviews
    • Client Testimonials
    • Leave A Review
  • Contact
    • Meet the Team

1027 Waterwheel DR, Moneta, VA 24121 (MLS# 906250)

1027 Waterwheel DR, Moneta, VA 24121

$1,050,000
09-072020220013

Virtual Tour

https://showsgreat.photography/1027-Waterwheel-Dr/idx
GPS Dock and Office 01-072020220017 05-072020220016 View of Property dji_0328 (3) dock 48-072020220014 49-072020220015 44-072020220009 05-DSC00115 39-DSC00217 19-DSC00205 18-DSC00202 13-DSC00187 16-DSC00196 21-DSC00211 17-DSC00199 15-DSC00193 08-DSC00172 07-DSC00169 20-DSC00208 10-DSC00178 22-DSC00214 06-DSC00166 Street Level Terrace Level Open Lower Level empty 35-DSC00154 29-DSC00136 31-DSC00142 dji_0328 (3) 44-072020220009 05-DSC00115
Property Type: Residential Bedrooms: 3 Baths: 1.2 Square Footage: 3,000 Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $1,050,000 List Date: 12/18/2024 Last Modified: 4/21/2026

Overview

Description

Lakefront Investment Property, Great Location. Zoned Commercial includes four Covered Docks w/lifts Building is divided into an upper and lower apartment/office with two meters. Perfect for office or for Partnership, Family or Friends to Purchaser for investment/apartments. Currently on a septic system, but Public Sewer is available for hookup. Great Visibility from Main Route 122 . Electronic Sign Conveys, Lower Level has private parking and upper level has private parking. All Inspections are for Purchasers Benefit at Purchasers Cost.

Listing Details MLS# 906250

Location, Tax & Legal

Area
0690 - SML Bedford County
Street Number
1027
Street Name
Waterwheel
Street Suffix
DR
State/Province
VA
Zip Code
24121
Subdivision
NA
Municipality
Bedford County
Elementary School
Moneta
Middle School
Staunton River
High School
Staunton River
Major Area
06 - Bedford County
Phase
0
Subdivision Map
TaxMap 232 6 1
Lot
No
Block
No
Tax ID
232 6 1
Annual Taxes
3352
Section
No
Zoning Code
Commercial
POA Y/N
No

General Property Description

Property Sub-Type
Single Family Residence
Residential Type
Detached
Construction Status
Completed
Year Built
1981
Total Bdrm
3
Total Bths
1.2
Total F Baths
Yes
Total H Baths
2
Entry Above Grd Fin SQFT
1500
Lower Below Grd Fin SQFT
1500
Total Fnshd SqFt
3000
Total Above Grd Fin SQFT
1500
Grand Total Attached SQFT
3000
Basement Y/N
Yes
Prim. Covered Prking
N/A
Add'l Covered Prkng
Not Applicable
Total Acreage
0.64
Water Class
Waterfront Property
Water ID
Smith Mtn Lake
Length of Waterfront
120
Upper Above Grd Fin SQFT
0
Other Above Grd Fin SQFT
0
Total Unfin SQFT
0
Total Cov'd Prk Spc
0

Internet Access

Cur'nt Internet Prov
Xfinity
Cable
Yes

Bedrooms

BR Entry Level
2
BR Lower Level
Yes

Full Baths

Full Baths Entry Lvl
Yes

More Information

Half Baths

Half Baths Entry Lvl
Yes
Half Baths Lower Lvl
Yes

Water Details

Number Covered Slips
4
Short Term Rental
Yes

Remarks & Misc

Directions
Cross Halesford Bridge from Franklin County onto Bedford County, turn Right onto Waterwheel to property on Right.

Style of House

Ranch
Yes

Limited Service

Not Limited Service
Yes

Lot Description

Varied
Yes

Construction

Vinyl
Yes

Basement

Full
Yes
Walk-Out Access
Yes

Views

Lake
Yes

Heating

Heat Pump Electric
Yes

Misc Features

Cable TV
Yes

Cooling

Heat Pump Electric
Yes

Water Description

Public
Yes

Sewer Description

Private Septic
Yes

Water Heater Type

Tank
Yes

Exterior Features

Sunroom
Yes

Porch

Rear Porch
Yes

Appliances

Refrigerator
Yes

Floors

Carpet
Yes
Tile - i.e. ceramic
Yes

Boat Dock Desc

A-Roof
Yes
Boat Hoist
Yes

Water Features

Southern Exposure
Yes

Exterior Doors

Sliding
Yes

Water Htr Energy

Electric
Yes

Property Features

Style of House: Ranch Limited Service: Not Limited Service Lot Description: Varied Construction: Vinyl Basement: Full; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Exterior Features: Sunroom Views: Lake Appliances: Refrigerator Misc Features: Cable TV Floors: Carpet; Tile - i.e. ceramic Exterior Doors: Sliding Porch: Rear Porch Water Description: Public Sewer Description: Private Septic Water Heater Type: Tank Water Htr Energy: Electric Internet Access: Cable Boat Dock Desc: A-Roof; Boat Hoist Water Features: Southern Exposure Water Details: Short Term Rental

Room Information

Bedroom 1 Level: Entry Level: Entry Bedroom 2 Level: Entry Level: Entry Bedroom 3 Level: Lower Level: Lower Family Room Level: Lower Level: Lower Sun Room Level: Entry Level: Entry Sun Room Level: Lower Level: Lower Kitchen Level: Entry Level: Entry Office Level: Entry Level: Entry Office Level: Lower Level: Lower
Listing Office: LONG & FOSTER - SMITH MTN LAKE
Last Updated: April - 21 - 2026
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.

Search powered by FBS Products

Your Smith Mountain Lake Properties Professional:

Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

Connect with Deborah Beran:

Facebook
Twitter
LinkedIn
YouTube
Pinterest
Instagram
Google Business Page

Industry Associations:

  • Licensed in the Commonwealth of Virginia
  • Member of the National Association of Realtors
  • Member of the Roanoke Valley Association of REALTORS®
Deborah Beran, Realtor, Broker logo image

Equal Housing Opportunity and Realtor Logos

Copyright © 2026 All Rights Reserved | Deborah F. Beran Inc. - dba Deb Beran Properties
Smith Mountain Lake Real Estate | Privacy Policy | Terms & Disclaimers | Sitemap | U.S. Vacation Lakes Guide