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Smith Mountain Lake Real Estate for Sale

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1156 Waterwheel DR, Moneta, VA 24121 (MLS# 899115)

1156 Waterwheel DR, Moneta, VA 24121

$800,000
Waterwheel from back angle Waterwheel front angle with garage Waterwheel dock at sunrise Waterwheel party deck dock Waterwheel dock 2 & 3 Waterwheel front Waterwheel rear Waterwheel covered deck Waterwheel patio & garage Waterwheel patio at night Waterwheel rear patio Waterwheel patio entry Waterwheel dock Waterwheel dining area Waterwheel dining area & dining bar Waterwheel dining bar of eat in kitchen Waterwheel dining bar of eat in kitchen Waterwheel dining area from kitchen Waterwheel greatroom Waterwheel Greatroom 2 Waterwheel greatroom 3 Waterwheel hallway Trunk & chair do not convey Waterwheel guest bedroom 2 Waterwheel Guest bedroom Waterwheel bathroom 2 Waterwheel bathroom sink Waterwheel bathroom Waterwheel bathroom 3 Waterwheel Master bedroom Waterwhell master bedroom laundry Waterwheel snow view 20230615_115938 20230615_115953 20230615_120057 20230615_120142 20230615_120209 20230615_120213 20230615_120219 20230615_120259 20230615_120342 20230615_120409 20230615_120440 20230615_120445 20230615_120514 20230615_120547 20230615_120550 20230615_120618 20230615_120639 20230615_120712 20230615_120743 20230615_120820 20230615_121024 20230616_145247 20230616_145319 20230616_145338 20230616_145344 20230616_151022 20230616_151025 20230616_151039 20230616_151049 20230616_151147 20230616_151157 20230616_151202 20230616_151705 20230616_151731 20230616_151818 20230616_151827 20230616_151847 20230616_151913 20230616_151929 20230616_151932 20230616_151934 20230616_151945 20230616_152007 20230616_152026 20230616_152030 20230616_152045 20230616_152048 20230616_152059 20230616_152110 20230616_152112 20230616_152226 20230616_152229 20230616_152232 20230616_152238 20230616_153558
Property Type: Commercial Baths: 3 Lot Size (sq. ft.): 47,916 Status: Closed
Current Price: $800,000 List Date: 6/27/2023 Last Modified: 9/28/2024

Overview

Description

Fabulous deep waterfront property w/ 321' of riprapped shoreline-astounding water views. Well maintained, partially furnished, cedar sided home is move-in ready or could be updated to transform into a more spectacular residence, vacation or rental or commercial business opportunity. Zoned PCD allows some commercial use. Greatroom w/ wood burning fireplace, kitchen & dining area & opens to covered deck, large Master BR w/ full bath & laundry closet. 2nd bedroom & full bath in hall. Lake level living room, full bath w/ laundry & a room that could be altered by adding doors for a 3rd bedroom. Catering kitchen w/ 2-220 outlets. Covered deck & paver stone patio.Gentle slope to double slip party deck dock, 2 pier docks-one w/ low covered boat slip. Windows & doors replaced in 2006.New HVAC 2018

Supplements: Additional Information about 1156 Waterwheel Drive 1.095 acre gently sloped lot. This lot is absolutely spectacular! ZONED PCD. No wake buoys in cove prior to reaching this property Gravel under grass driveway allows for driving a vehicle down the lake with large space to turn around Large shade trees include a Pecan tree & Magnolia tree among ot ... (Read more) Additional Information about 1156 Waterwheel Drive 1.095 acre gently sloped lot. This lot is absolutely spectacular! ZONED PCD. No wake buoys in cove prior to reaching this property Gravel under grass driveway allows for driving a vehicle down the lake with large space to turn around Large shade trees include a Pecan tree & Magnolia tree among other varieties 321' of heavily riprapped shoreline (including wooded area to left of lot past the old chain link fence, when facing the lake - this lot goes almost to neighbors floating dock) Deep water at dock. Approximately 11' when measured at end of party deck dock Double slip party deck boat dock. One V-Hull Cradle & One Pontoon cradle. Large seating area on lower deck & huge party deck above (take care when walking on, as some boards need replacement. Maintenance of just replacing decking & rails would not require a dock permit- Confirmed with Nick Sink of AEP Shoreline Management who is inspecting the docks on 6/29/23 2nd dock- Low A-Roof for smaller boat with sling cradle & stationary area 3rd dock - stationary & floater with cleats for guest parking Sunrise views & big panoramic water views across to Bridgewater Bay. Views to Beechwood Shores from dock. More about the house Convey "as is" with no repairs made by seller. Buyer inspections are welcome. Furnished except for some personal items, clothing, mirror next to TV is master bedroom. Outdoor yard art (steel wheelbarrow, Gargoyle biting gator, concrete elephant, pink bird) greenstone pieces, contents of garage & storage shed (including on exterior) do not convey. 1972 Modular construction on 10" block walls & Cedar siding. Served by public sewer (pump alarm for grinder tank) & private well which was 12 GPM when installed in 2014 (near Magnolia). Meter on well to determine monthly sewer fees. Beautiful paver stone patios at homes entrance & to the garage. Single car insulated, heated & cooled garage - compressed dirt floor with linoleum over the floor. 14' X18' with oil heater & wall AC unit. 1200 SF on entry level & 1200 SF on lower level Two bedrooms & two full baths on main level. One area intended for a bedroom on lower level would need two doors added. Enter into dining area with glass block wall on the street facing wall. Kitchen with breakfast bar for dining. Older appliances. Main level great room with newer carpet open to dining area & kitchen with breakfast bar. Storage closet. Covered deck off great room & is also accessible from the entry patio. Two beautiful stone wood burning fireplaces with chimney caps- one on each level. Not used for many years by the current owner as they rented the home out at one time & did not want renters using them. No propane tank but fireplace could be converted a propane logs if desired. Hallway guest bedroom with lake views. Hallway linen closet & full bath, with porcelain tub/shower & tile surround. Large master bedroom with lake views, laundry closet & stackable washer & dryer (included). Small master bath with single sink & newer shower. Walk-in closet - could be enlarged if desired into alcove area to the right of it. So many options for this large master bedroom space. Newly carpeted stairs to lower level. Newly carpeting in large great room & optional 3rd bedroom area. Built in cabinets - this area could make an awesome wet bar area or bathroom enlargement if desired since it is right next to the bathroom. So many options for this space. Below stair storage closet Full bath with shower & laundry (washer & dryer included) Large dining area & former catering kitchen with triple sink station. Kegerator & refrigerator included. 2-220 outlets. Inspected by B. Co. when the owner had a houseboat catering business. Door from catering kitchen area, as well as the great room opens onto a beautiful, elevated paver stone patio. Mechanical closet off catering kitchen area. Complete (inside & out) HVAC/Heat Pump replaced in 2018. Golf cart covered parking area. Golf cart is gasoline powered & available for purchase if desired, but only after a contract to purchase has been ratified. Price being determined & available upon request. Age of Systems of home HVAC Heat PUMP 2018 Metal Roof - about 2008 -installed over good shingles offers added insulation. Installed over 1"x 2" batten board strips to elevate for ventilation. Current owner simply desired a metal roof. Well & 5 Micron Filter 2014 Well Pump & screen 2016 PCD Zoning Potential Option - NOT A Guarantee this could be done Teresa, the listing agent, spoke with Mariella at Bedford County Planning & Zoning after an inquiry as to whether this lot could be divided. We wanted to share that, we learned this lot could possibly be subdivided into 2 lots in order to build an additional home, etc. This is not something the current owner would consider doing or that should be written into an offer & would only be a potential future option for the new owner, if they wanted to attempt to divide the lot. A division of the lot may or may not be approved. The potential should simply be considered a potential bonus. There is no guarantee it could be done or approved. Additional fact finding & much consideration should take place prior to attempting it. Based on the survey plat the lot appears to meet the potential for two lots to have 75' of frontage on a public road since current frontage is 155.05 according to the plat. This lot is 1.10 acres, so is large enough to potentially achieve two lots meeting the minimum 20,000 SF requirement. A lot of survey work etc. would have to be completed to confirm this. First an application would need to be made with Planning & Zoning Dept. & then a public notice would be advertised & posted at the property regarding a public hearing before the Bedford County Planning Commission. If approved at that stage, it would then be sent to the Board of Supervisors for their final approval or another public hearing. This is my understanding of the process, but further fact finding should be made if a new owner has any interest in this. APCO Shoreline Management would also need to be contacted regarding what their requirement would be for insuring the current homes lot could keep the main dock & a new lot could add onto an existing dock or build a new dock, depending on the lot division line.

Listing Details MLS# 899115

Location, Tax & Legal

Area
0690 - SML Bedford County
Street Number
1156
Street Name
Waterwheel
Street Suffix
DR
State/Province
VA
Zip Code
24121
Municipality
Bedford County
Major Area
06 - Bedford County
Subdivision Map
Lakeland Pines
Legal
Tax ID 232 3 16
Tax ID
232 3 16
Annual Taxes
1790.06
Zoning Code
PCD

General Property Description

Construction Status
Completed
Year Built
1972
Total Acreage
1.1
Road Frontage
145
Flood Area
No
On site Parking
Yes
Parking Spaces
6
Gross Building SqFt
2400
Lease Available
No
Basement Y/N
Yes
Total Bths
3
Water Class
Waterfront Property
Water ID
Smith Mtn Lake
Length of Waterfront
321

Status Change Info

Ratified Contract Dt
2023-07-03
Sold Date
2023-07-31

Business Type

Type of Business (Historical Field)
Formerly Catering

Miscellaneous Info

Ceiling Height
8
Door Height
7
Equipment Pass
Yes

More Information

Internet Access

Cur'nt Internet Prov
Xfinity/Comcast
Cable
Yes

Other Water Details

Channel Marker
Cove off R28
Shoreline Mgmt Plan
Yes
Nbr of Covered Slips
3
Short Term Rental
Yes

Remarks & Misc

Directions
HFB, N 122 to first Right on Waterwheel Dr. to home on Left. Super Convenient Location - close to many fun lake activities at Bridgewater Plaza & restaurants!

Limited Service

Not Limited Service
Yes

Construction

Wood
Yes

Commercial Type

Investment
Yes
Office
Yes

Views

Lake
Yes
Sunrise
Yes

Sale Includes

Building & Land
Yes
Other - See Remarks
Yes

Heating

Electric
Yes

Cooling

Electric
Yes

Water Description

Private Water
Yes

Documents Available

Survey
Yes

Sewer Description

Public Sewer
Yes

Manufactured Homes

No HUD Tag
Yes

Water Heater Type

Tank
Yes

Water Heater Energy

Electric
Yes

Roof System

Metal
Yes

Levels

One
Yes

Floors

Carpet
Yes
Vinyl
Yes

Boat Dock Desc

A-Roof
Yes
Boat Hoist
Yes
Floater
Yes
Party Deck
Yes
Stationary
Yes

Water Features

Cove
Yes
No Wake Area
Yes
Riprap Shoreline
Yes

Additional Features

Additional Buildings
Yes

Topography

Other - See Remarks
Yes

Property Features

Limited Service: Not Limited Service Commercial Type: Investment; Office Sale Includes: Building & Land; Other - See Remarks Construction: Wood Roof System: Metal Levels: One Heating: Electric Cooling: Electric Floors: Carpet; Vinyl Manufactured Homes: No HUD Tag Additional Features: Additional Buildings Water Description: Private Water Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Internet Access: Cable Documents Available: Survey Topography: Other - See Remarks Views: Lake; Sunrise Boat Dock Desc: A-Roof; Boat Hoist; Floater; Party Deck; Stationary Water Features: Cove; No Wake Area; Riprap Shoreline Other Water Details: Short Term Rental
Listing Office: WAINWRIGHT & CO., REALTORS®- LAKE
Last Updated: September - 28 - 2024
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Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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