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Smith Mountain Lake Real Estate for Sale

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549 Island Pointe LN, Moneta, VA 24121 (MLS# 917041)

549 Island Pointe LN, Moneta, VA 24121

$3,400,000
Front circular drive
Property Type: Residential Bedrooms: 4 Baths: 4.1 Square Footage: 7,518 Lot Size (sq. ft.): 48,352 Status: Closed
Current Price: $3,400,000 List Date: 5/16/2025 Last Modified: 8/08/2025

Overview

Description

Welcome to Waverly, one of the most desirable neighborhoods at Smith Mountain Lake. Home completed in 2015. This exceptional 6,596-square-foot custom home has been very gently lived in & presents like brand-new construction. Perched on a stunning 1.1-acre professionally landscaped point lot, the property boasts 250 feet of lakefront w/ wooded lake views from the home, & expansive, panoramic lake views from the double dock w/ its oversized covered deck—perfect for relaxation or entertaining. Inside, the home blends elegant design with functional luxury. You'll find 4 spacious bedrooms, 4 full bathrooms, 1 half bath, & a gourmet kitchen, an oversized island, & a butler's pantry (has a wine cooler) to simplify hosting. The hearth room, w/ propane gas logs, opens onto a cozy screened porch.

Supplements: The screen porch has a propane hook up for the grill that means you never run out of gas while cooking on the grill. The entry level also includes a dining area, living room, mudroom off the three-car over size garage, & a primary suite with walk-in closets and a spa-like ensuite (heated flooring in shower), there is a lakeside screen porch. The e ... (Read more) The screen porch has a propane hook up for the grill that means you never run out of gas while cooking on the grill. The entry level also includes a dining area, living room, mudroom off the three-car over size garage, & a primary suite with walk-in closets and a spa-like ensuite (heated flooring in shower), there is a lakeside screen porch. The entry level hardwood is distressed maple. Upstairs, two generously sized ensuite guest rooms and a bonus room (currently used as an exercise/playroom) the hallway connecting bedrooms and bonus room overlook the main living space below, allowing natural light to flow freely throughout. The walk-out lower level features a fourth bedroom with ensuite and a private patio access plumbed for a future hot tub, study, billiards area, family room, walk out to a lakeside stone patio, kitchenette, wine cellar, keg Dispenser, ice maker and small refrigerator and two large storage rooms (2 tankless water heaters are located as well as Air handlers). The lower level is a perfect space for guests or multigenerational living. The flooring is engineered hardwood to handle any wet feet that may come in from the lake. Expansive windows (Marvin) and thoughtfully designed outdoor living areas seamlessly connect the home to its tranquil surroundings. LED landscape lighting, irrigation, and lush grounds enhance the property's curb appeal. A gentle slope leads to the lake and your private double dock with two watercraft lifts a rare combination of seclusion and spectacular views. Waverly offers more than a stunning home it offers a lifestyle. Stroll peaceful walking trails beneath towering trees, socialize at the clubhouse, swim in the lakeside pool, or play a match on the tennis courts. Established in 1989, Waverly is home to around 100 custom residences. Nearby, enjoy the Smith Mountain Lake Community Park with trails, a fishing pier, and sandy beach. Just minutes away, the Westlake Shopping Center provides convenient dining, shopping, and everyday essentials. For lakeside fun, visit Bridgewater Plaza for restaurants, boutique shops, putt-putt golf, and boat rentals. Golf enthusiasts will appreciate proximity to The Waterfront Country Club, the area's oldest and most active club. Golf, tennis, swimming, fitness, and year-round social events await members of all ages and lifestyles. Ask listing agent about membership possibilities. And when you're ready for a taste of city life, Roanoke is just a 50-minute drive offering cultural attractions, restaurants, and more. This custom-built home was built by renowned builder Bob Bauer Building Contractors

Listing Details MLS# 917041

Location, Tax & Legal

Area
0490 - SML Franklin County
Street Number
549
Street Name
Island Pointe
Street Suffix
LN
State/Province
VA
Zip Code
24121
Subdivision
Waverly
Municipality
Franklin County
Elementary School
Dudley
Middle School
Ben Franklin Middle
High School
Franklin County
Major Area
04 - Franklin County
Phase
0
Subdivision Map
Waverly
Lot
28A
Block
No
Tax ID
0481007800
Annual Taxes
10278
Section
Yes
Zoning Code
R1
POA Y/N
Yes
POA/Condo Dues
1876
POA/Condo Terms A/M
Annual

General Property Description

Property Sub-Type
Single Family Residence
Residential Type
Detached
Construction Status
Completed
Year Built
2015
Total Bdrm
4
Total Bths
4.1
Total F Baths
4
Total H Baths
Yes
Entry Above Grd Fin SQFT
3074
Upper Above Grd Fin SQFT
1370
Lower Below Grd Fin SQFT
2152
Total Fnshd SqFt
6596
Total Above Grd Fin SQFT
4444
Grand Total Attached SQFT
7518
Total Unfin SQFT
922
Basement Y/N
Yes
Prim. Covered Prking
Garage Attached
# Prim Cov Spaces
3
Total Cov'd Prk Spc
3
Total Acreage
1.11
Water Class
Waterfront Property
Water ID
Smith Mtn Lake
Length of Waterfront
250
Entry Below Grd Fin SQFT
0
Other Above Grd Fin SQFT
0
Other Below Grd Fin SQFT
0
Detached Above Grd Fin SQFT
0

Status Change Info

Ratified Contract Dt
2025-05-20
Sold Date
2025-07-31

Unfinished Attached SQFT

Lower Below Grd Unfin SQFT
922
Entry Above Grd Unfin SQFT
0
Upper Above Grd Unfin SQFT
0
Other Above Grd Unfin SQFT
0
Entry Below Grd Unfin SQFT
0
Other Below Grd Unfin SQFT
0

Fireplace

# Fireplaces
2
Gas Log
Yes
Den
Yes
Living Room
Yes

More Information

Internet Access

Cur'nt Internet Prov
shentel
Cable
Yes

Primary Bedrooms

Primary BR Entry Lvl
Yes
Primary BR Upper Lvl
2

Bedrooms

BR Entry Level
Yes
BR Upper Level
2
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

Water Details

Channel Marker
B10
Number Covered Slips
2

Remarks & Misc

Directions
From Westlake Corner, 616 (Scruggs Rd) to R into Waverly Subdivision on Island Pointe Lane to sign on L

Style of House

2 Story
Yes

Limited Service

Not Limited Service
Yes

Lot Description

Gentle Sloping
Yes
Views
Yes

Construction

Stone
Yes
Wood
Yes

Basement

Full
Yes
Walk-Out Access
Yes

Views

Lake
Yes

Heating

Heat Pump Electric
Yes
Zoned
Yes

Misc Features

Cable TV
Yes
Underground Util
Yes

Cooling

Heat Pump Electric
Yes
Zoned
Yes

Water Description

Public
Yes

Sewer Description

Private Septic
Yes

Water Heater Type

Tank-less
Yes

Interior Features

Breakfast Area
Yes
Security System
Yes
Storage
Yes
Walk-In Closet(s)
Yes

Exterior Features

Deck
Yes
Paved Driveway
Yes
Other - See Remarks
Yes

Porch

Covered Porch
Yes
Screened Porch
Yes

Appliances

Clothes Dryer
Yes
Clothes Washer
Yes
Dishwasher
Yes
Garage Door Opener
Yes
Microwave Oven (Built In)
Yes
Range Gas
Yes
Refrigerator
Yes
Wall Oven
Yes

Floors

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

Boat Dock Desc

A-Roof
Yes
Boat Hoist
Yes
Floater
Yes
Pers WaterCraft Lift
Yes
Stationary
Yes
Storage/Util Bldg
Yes

Area Amenities

Common Pool
Yes
Tennis Court(s)
Yes

Water Features

Point
Yes
Riprap Shoreline
Yes
Southern Exposure
Yes

Windows

Insulated
Yes

Exterior Doors

Insulated
Yes

Water Htr Energy

Electric
Yes

Property Features

Style of House: 2 Story Limited Service: Not Limited Service Lot Description: Gentle Sloping; Views Construction: Stone; Wood Basement: Full; Walk-Out Access Heating: Heat Pump Electric; Zoned Cooling: Heat Pump Electric; Zoned Fireplace: Gas Log; Den; Living Room Interior Features: Breakfast Area; Security System; Storage; Walk-In Closet(s) Exterior Features: Deck; Paved Driveway; Other - See Remarks Views: Lake Appliances: Dishwasher; Clothes Dryer; Microwave Oven (Built In); Garage Door Opener; Wall Oven; Refrigerator; Range Gas; Clothes Washer Misc Features: Cable TV; Underground Util Area Amenities: Common Pool; Tennis Court(s) Floors: Carpet; Tile - i.e. ceramic; Wood Windows: Insulated Exterior Doors: Insulated Porch: Covered Porch; Screened Porch Water Description: Public Sewer Description: Private Septic Water Heater Type: Tank-less Water Htr Energy: Electric Internet Access: Cable Boat Dock Desc: A-Roof; Floater; Stationary; Boat Hoist; Pers WaterCraft Lift; Storage/Util Bldg Water Features: Point; Riprap Shoreline; Southern Exposure

Room Information

Foyer Level: Entry Level: Entry Remarks: Welcoming space Living Room Level: Entry Level: Entry Remarks: Propane gas log fireplace Den Level: Entry Level: Entry Remarks: The hearth room is located just off the kitchen where guest can relax as you prepare dinner Kitchen Level: Entry Level: Entry Remarks: spacious kitchen with oversize island and butler pantry nearby Laundry Level: Entry Level: Entry Remarks: convenient to the kitchen Dining Area Level: Entry Level: Entry Primary Bedroom Level: Entry Level: Entry Remarks: Luxury primary suite separte from living space with a private screen porch Mud Room Level: Entry Level: Entry Remarks: Conveniently located off the garage Bedroom 2 Level: Upper Level: Upper Remarks: ensuite Bedroom 3 Level: Upper Level: Upper Remarks: ensuite Recreation Room Level: Upper Level: Upper Remarks: Bonus room overthe garage currenlty being used as an excercise room and Grands play area Family Room Level: Lower Level: Lower Remarks: opens onto large lakeside patio Office Level: Lower Level: Lower Bedroom 4 Level: Lower Level: Lower Remarks: ensuite also has a private patio Work Room Level: Lower Level: Lower Remarks: large storage area could easily be used as a work shop
Listing Office: DEB BERAN PROPERTIES
Last Updated: August - 08 - 2025
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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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