154 Key Lakewood DR, Moneta, VA 24121

New Listing

$1,285,000

Beautifully renovated one level lakefront home on an open deep water cove with a long paved circular drive!!!

Beautifully Landscaped with full irrigation!

One of the most beautiful settings on the lake!!! Enjoy a leisurely stroll along a paved path leading to your private dock!!!

Oversized newly renovated garage with breezeway into the home!

The open breezeway offers character as you enter through the detailed mahogany door with stained glass side lights!

Dine while overlooking gorgeous lake views enjoy the thoughtfully designed space-saving recess, featuring a built in wine rack conveniently accessible from the both the kitchen and dining areas.

For the chilly mornings, enjoy the ambiance of a wood burning fireplace on main level and propane in the terrace level!

Beautiful detailing in the custom mantle!

Newly added custom recessed shelving in the living room.

Gorgeous refinished hardwood flooring and tile throughout main living areas on the main level!

The kitchen features a deep single-bowl sink and a premium GE Cafe' double oven combining style and functionality for everyday cooking and entertaining!

Unique design elements can be found in every room, highlighted by this custom tile backsplash!

Located off the kitchen, the sunroom features floor-to-ceiling windows on three sides, creating a bright, airy retreat offering panoramic views of Smith Mountain Lake!

Enjoy abundant outdoor living space featuring durable Trex SunComfortable Decking and maintenance free railings providing the perfect setting to take in breathtaking views of the sparkling waters of Smith Mountain Lake!

Charming tiny house featuring a breakfast bar and two queen beds!

Generous storage options available in this oversized storage shed!

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,560 Lot Size (sq. ft.): 52,708 Status: Active

Current Price: $1,285,000 List Date: 6/09/2026 Last Modified: 6/09/2026

Overview

Description

Location, location, location! Nestled along a newly renovated dock within a deep-water cove at Smith Mountain Lake, this beautifully updated 3-bedroom, 3-bath waterfront retreat offers the lake lifestyle you've been dreaming of. Designed for both relaxation & entertaining, the home features a fully renovated kitchen, a main-level primary ensuite, and stunning stained-glass entry accents. Take in breathtaking year-round lake views from the brand-new Trex Deck, or make your way down the paved path to the private dock for effortless days on the water. The terrace level includes 2 furnished guest bedrooms, a spacious family room with a wet bar, and a propane fireplace, while the main level is anchored by a cozy wood-burning fireplace.

Supplements: Adding to the property's appeal, a detached tiny house with electricity, a mini-split system, a breakfast bar, and two queen beds provides flexible space for guests, a home office, or creative pursuits!

Listing Details MLS# 928334

Location, Tax & Legal

Area: 0490 - SML Franklin County
Street Number: 154
Street Name: Key Lakewood
Street Suffix: DR
State/Province: VA
Zip Code: 24121
Subdivision: Key Lakewood
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Major Area: 04 - Franklin County
Phase: 0
Lot: 4
Block: No
Tax ID: 048 01-005 00
Annual Taxes: 4390
Section: No
Zoning Code: R1
POA Y/N: No

General Property Description

Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 1983
Total Bdrm: 3
Total Bths: 3
Total F Baths: 3
Entry Above Grd Fin SQFT: 1924
Lower Below Grd Fin SQFT: 1444
Total Fnshd SqFt: 3368
Total Above Grd Fin SQFT: 1924
Grand Total Attached SQFT: 3560
Total Unfin SQFT: 192
Basement Y/N: Yes
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Total Cov'd Prk Spc: 2
Total Acreage: 1.21
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 131
Upper Above Grd Fin SQFT: 0
Other Above Grd Fin SQFT: 0

Unfinished Attached SQFT

Lower Below Grd Unfin SQFT: 192

Fireplace

# Fireplaces: 2
Gas Log: Yes
Masonry: Yes
Basement: Yes
Family Room: Yes
Living Room: Yes

Primary Bedrooms

Primary BR Entry Lvl: Yes

More Information

Bedrooms

BR Entry Level: Yes
BR Lower Level: 2

Full Baths

Full Baths Entry Lvl: 2
Full Baths Lower Lvl: Yes

Laundry

Laundry Entry Level: Yes

Remarks & Misc

Directions: Directions: From HFB, 122S, left Scruggs Rd/616 , right on Dudley Amos, left Key Lakewood, driveway on right.

Style of House

1 Story: Yes

Limited Service

Not Limited Service: Yes

Lot Description

Gentle Sloping: Yes
Views: Yes

Construction

Wood: Yes

Basement

Full: Yes
Walk-Out Access: Yes

Views

Lake: Yes

Heating

Heat Pump Electric: Yes

Misc Features

Underground Util: Yes

Cooling

Heat Pump Electric: Yes

Water Description

Shared Well: Yes

Sewer Description

Private Septic: Yes

Water Heater Type

Tank: Yes

Interior Features

Bookcases: Yes
Breakfast Area: Yes
Ceiling Fan(s): Yes
Storage: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Exterior Features

Deck: Yes
Garden Space: Yes
Patio: Yes
Paved Driveway: Yes
Sunroom: Yes

Appliances

Clothes Dryer: Yes
Clothes Washer: Yes
Dishwasher: Yes
Microwave Oven (Built In): Yes
Range Electric: Yes
Refrigerator: Yes

Floors

Luxury Vinyl Plank: Yes
Tile - i.e. ceramic: Yes
Wood: Yes

Boat Dock Desc

Boat Hoist: Yes
Stationary: Yes
Storage/Util Bldg: Yes

Water Features

Cove: Yes
Riprap Shoreline: Yes

Exterior Doors

Sliding: Yes

Water Htr Energy

Electric: Yes

Property Features

Style of House: 1 Story Limited Service: Not Limited Service Lot Description: Gentle Sloping; Views Construction: Wood Basement: Full; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Fireplace: Gas Log; Masonry; Basement; Family Room; Living Room Interior Features: Bookcases; Breakfast Area; Ceiling Fan(s); Storage; Walk-In Closet(s); Wet Bar Exterior Features: Deck; Garden Space; Patio; Paved Driveway; Sunroom Views: Lake Appliances: Dishwasher; Clothes Dryer; Microwave Oven (Built In); Refrigerator; Range Electric; Clothes Washer Misc Features: Underground Util Floors: Luxury Vinyl Plank; Tile - i.e. ceramic; Wood Exterior Doors: Sliding Water Description: Shared Well Sewer Description: Private Septic Water Heater Type: Tank Water Htr Energy: Electric Boat Dock Desc: Stationary; Boat Hoist; Storage/Util Bldg Water Features: Cove; Riprap Shoreline

Room Information

Living Room Level: Entry Level: Entry Dining Area Level: Entry Level: Entry Sun Room Level: Entry Level: Entry Breakfast Area Level: Entry Level: Entry Kitchen Level: Entry Level: Entry Primary Bedroom Level: Entry Level: Entry Bedroom 2 Level: Lower Level: Lower Bedroom 3 Level: Lower Level: Lower Den Level: Lower Level: Lower

Listing Office: KELLER WILLIAMS REALTY LYNCHBURG

Last Updated: June - 09 - 2026

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154 Key Lakewood DR, Moneta, VA 24121 (MLS# 928334)