428 Anchor DR, Moneta, VA 24121

$1,349,900

Property Type: Residential Bedrooms: 5 Baths: 4.1 Square Footage: 4,638 Lot Size (sq. ft.): 17,860 Status: Pending

Current Price: $1,349,900 List Date: 2/02/2026 Last Modified: 4/07/2026

Overview

Description

Rare opportunity to acquire a high-upside Smith Mountain Lake property in one of the lake's rarest short-term rental areas of the lake with the bonus of a hot resale corridor — no homeowners association and no HOA fees. Ideally located on the 6th hole of The Waterfront Country Club with direct sunrise exposure, this home offers exceptional access by both land and water,. This location and setting delivers on both wild potential rental performance and long term appreciation. The thoughtfully designed multi-level, multi-living layout offers three distinct living zones, multiple primary suites, and a fully equipped lake-level apartment with second kitchen — creating ideal separation, privacy, and flexibility for guests, family, or rental use. Two private docks — including a main dock with

Supplements: party deck and floater Optional additional amenities include proximity to the community pool, clubhouse dining, and championship golf. Offered at a price point that reflects future updates and modernization. Offers an outstanding foundation for buyers seeking to renovate, reposition, and maximize future income potential and appreciation.

Listing Details MLS# 924369

Location, Tax & Legal

Area: 0490 - SML Franklin County
Street Number: 428
Street Name: Anchor
Street Suffix: DR
State/Province: VA
Zip Code: 24121
Subdivision: The Waterfront
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Major Area: 04 - Franklin County
Phase: 0
Subdivision Map: The Waterfront
Lot: 7
Block: No
Tax ID: 031 03 008 00
Annual Taxes: 3707.03
Section: 2
Zoning Code: RPD
POA Y/N: No

General Property Description

Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 1982
Total Bdrm: 5
Total Bths: 4.1
Total F Baths: 4
Total H Baths: Yes
Entry Above Grd Fin SQFT: 1645
Upper Above Grd Fin SQFT: 1022
Lower Below Grd Fin SQFT: 1119
Total Fnshd SqFt: 3786
Total Above Grd Fin SQFT: 2667
Grand Total Attached SQFT: 4638
Total Unfin SQFT: 852
Basement Y/N: Yes
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Total Cov'd Prk Spc: 2
Total Acreage: 0.41
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 103
Other Above Grd Fin SQFT: 0

Status Change Info

Ratified Contract Dt: 2026-04-07

Unfinished Attached SQFT

Entry Above Grd Unfin SQFT: 679
Upper Above Grd Unfin SQFT: 173

Fireplace

# Fireplaces: 2
Living Room: Yes
Recreation Room: Yes

More Information

Internet Access

Cur'nt Internet Prov: Shentel
Cable: Yes

Primary Bedrooms

Primary BR Entry Lvl: Yes

Bedrooms

BR Entry Level: Yes
BR Upper Level: 3
BR Lower Level: Yes

Full Baths

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

Half Baths

Half Baths Entry Lvl: Yes

Laundry

Laundry Entry Level: Yes
Laundry Upper Level: Yes

Water Details

Number Covered Slips: Yes
Short Term Rental: Yes

Remarks & Misc

Directions: (Rt.122) Booker T. Washington Hwy, to Scruggs Rd, L Windlass, L Anchor Dr. to 428 on Right.

Style of House

Contemporary: Yes

Limited Service

Not Limited Service: Yes

Lot Description

Gentle Sloping: Yes
Wooded: Yes

Construction

Wood: Yes

Basement

Full: Yes
Walk-Out Access: Yes

Views

Lake: Yes
Sunrise: Yes

Heating

Ductless: Yes

Misc Features

Cable TV: Yes
Furnished: Yes
Underground Util: Yes

Cooling

Ductless: Yes

Water Description

Public: Yes

Sewer Description

Private Septic: Yes

Water Heater Type

Tank: Yes

Interior Features

Central Vacuum: Yes
Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Skylight: Yes

Exterior Features

Balcony: Yes
Deck: Yes
On Golf Course: Yes
Paved Driveway: Yes

Porch

Covered Porch: Yes
Front Porch: Yes
Rear Porch: Yes

Appliances

Clothes Dryer: Yes
Clothes Washer: Yes
Dishwasher: Yes
Range Electric: Yes
Refrigerator: Yes
Wall Oven: Yes

Floors

Carpet: Yes
Tile - i.e. ceramic: Yes
Wood: Yes

Boat Dock Desc

Boat Hoist: Yes
Floater: Yes
Party Deck: Yes
Stationary: Yes
Storage/Util Bldg: Yes

Area Amenities

Private Golf: Yes

Windows

Insulated: Yes

Exterior Doors

Sliding: Yes
Wood: Yes

Water Htr Energy

Electric: Yes

Property Features

Style of House: Contemporary Limited Service: Not Limited Service Lot Description: Gentle Sloping; Wooded Construction: Wood Basement: Full; Walk-Out Access Heating: Ductless Cooling: Ductless Fireplace: Living Room; Recreation Room Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Central Vacuum; Skylight Exterior Features: Balcony; Deck; On Golf Course; Paved Driveway Views: Lake; Sunrise Appliances: Dishwasher; Clothes Dryer; Wall Oven; Refrigerator; Range Electric; Clothes Washer Misc Features: Cable TV; Furnished; Underground Util Area Amenities: Private Golf Floors: Carpet; Tile - i.e. ceramic; Wood Windows: Insulated Exterior Doors: Sliding; Wood Porch: Covered Porch; Front Porch; Rear Porch Water Description: Public Sewer Description: Private Septic Water Heater Type: Tank Water Htr Energy: Electric Internet Access: Cable Boat Dock Desc: Party Deck; Floater; Stationary; Boat Hoist; Storage/Util Bldg Water Details: Short Term Rental

Room Information

Primary Bedroom Level: Entry Level: Entry Bedroom 2 Level: Upper Level: Upper Bedroom 3 Level: Upper Level: Upper Bedroom 4 Level: Upper Level: Upper Bedroom 5 Level: Lower Level: Lower Dining Area Level: Entry Level: Entry Family Room Level: Entry Level: Entry Kitchen Level: Entry Level: Entry Kitchen Level: Lower Level: Lower Living Room Level: Entry Level: Entry Recreation Room Level: Lower Level: Lower

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Updated: April - 07 - 2026

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