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Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Deborah F. Beran Inc., Broker/Owner
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701 Compass Cove CIR, Moneta, VA 24121 (MLS# 912866)

701 Compass Cove CIR, Moneta, VA 24121

$1,600,000
1

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Virtual Tour

https://showsgreat.photography/701-Compass-Cove-Cir/idx
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Property Type: Residential Bedrooms: 4 Baths: 4.1 Square Footage: 4,292 Lot Size (sq. ft.): 27,878 Status: Closed
Current Price: $1,600,000 List Date: 12/04/2024 Last Modified: 1/13/2026

Overview

Description

This extraordinary custom designed 4,292 FSF, 4 BR, 4 1/2 bathroom SML Franklin County WF home with its awesome long water views, 146' WF, large great-for-entertaining dock with cabana and other outside dining areas and numerous upgrades and special features is centrally located in a highly-sought-after-no-wake cove off of the lake's main channel just south of the State Park's ''S-Curve'' and north of the Bernard's Landing Resort Community. Its prime lake location provides great boating access north to the State Park & Bridgewater Shopping Plaza at Halesford Bridge, south and east to picturesque Smith Mountain and SML Dam area shorelines and south and west to all of the lake waters on the Blackwater area of the lake. Also, it is only a 15 minute drive to the Westlake Shopping Area.

Supplements: This home has many special features and numerous upgrades, including an open floor plan on main living level, featuring a gourmet kitchen with high-end appliances, granite counter tops, custom cabinetry, breakfast bar, specially designed adjoining intimate dining area with bay windows, adjoining library with its stacked stone fireplace & built-in b ... (Read more) This home has many special features and numerous upgrades, including an open floor plan on main living level, featuring a gourmet kitchen with high-end appliances, granite counter tops, custom cabinetry, breakfast bar, specially designed adjoining intimate dining area with bay windows, adjoining library with its stacked stone fireplace & built-in bookcases and adjoining great room with cathedral ceiling- each such open area with its own awesome, breathtakingly beautiful water and picturesque countryside views. In addition, the entry living level includes a formal dining room, a large master suite with lake views, master bath with over-sized, doorless tiled shower & whirlpool bath plus two walk-in closets, an office or additional bedroom with full bath, a half bath and a large laundry. The lower level offers an additional 2,000 plus FSF with two bedrooms with lake views, two full bathrooms, a media/home theatre room, an exercise equipment room, which could be used for a 5th bedroom, a wet bar and adjoining large family room with the second gas log fireplace which opens to an enclosed and covered screened porch/patio area overlooking the lake. Also on this level is a 226 SF unfinished storage room. Most discerning, qualified buyers would be very happy to stop with all of the above-special features, but this home also offers multiple exterior entertaining, dining and relaxing areas for small and large groups of family and friends with awesome water views. Starting with a large deck off of the main entry level of the home, this home also has a large additional exterior dining area with marble covered table that will accommodate 10 and a separate lounging area for two off of the lower level, a beautiful stone patio with fire pit with water fountain below along the stone paved walkway to the dock each with its own fantastic water views. This large, great-for-swimming dock offers a covered cabana seating and entertaining area with dining table where you can also keep your boat and PWC, canoe or other floating toys under cover and/or in the enclosed storage space. This home also comes with irrigation and security systems, two HVAC systems for your comfort that serve both levels, numerous ceiling fans, and all LED lighting fixtures and an 80 gallon stainless steel water tank for energy savings and durability. The current owners have made several very significant recent improvements and upgrades to this home, which are described in a separate document attached to this listing. And finally, since the current owners are in the process of downsizing to a smaller home, they are willing to convey at no additional cost to the successful purchaser numerous additional personal property items of significant value, which are described in an additional separate document attached to this listing.

Listing Details MLS# 912866

Location, Tax & Legal

Area
0490 - SML Franklin County
Street Number
701
Street Name
Compass Cove
Street Suffix
CIR
State/Province
VA
Zip Code
24121
Subdivision
Compass Cove
Municipality
Franklin County
Elementary School
Dudley
Middle School
Ben Franklin Middle
High School
Franklin County
Major Area
04 - Franklin County
Phase
0
Subdivision Map
Compass Cove
Lot
16
Block
No
Tax ID
048 14-016 00
Annual Taxes
6015
Section
No
Zoning Code
R1
POA Y/N
Yes
POA/Condo Dues
400
POA/Condo Terms A/M
Annual

General Property Description

Property Sub-Type
Single Family Residence
Residential Type
Detached
Construction Status
Completed
Year Built
2006
Total Bdrm
4
Total Bths
4.1
Total F Baths
4
Total H Baths
Yes
Entry Above Grd Fin SQFT
2259
Lower Below Grd Fin SQFT
2033
Total Fnshd SqFt
4292
Total Above Grd Fin SQFT
2259
Grand Total Attached SQFT
4292
Basement Y/N
Yes
Prim. Covered Prking
Garage Attached
# Prim Cov Spaces
2
Uncovered Parking
Off Street Parking
Uncovered # Spaces
4
Total Cov'd Prk Spc
2
Total Acreage
0.64
Water Class
Waterfront Property
Water ID
Smith Mtn Lake
Length of Waterfront
146
Upper Above Grd Fin SQFT
0
Entry Below Grd Fin SQFT
0
Other Above Grd Fin SQFT
0
Other Below Grd Fin SQFT
0
Detached Above Grd Fin SQFT
0
Total Unfin SQFT
0

Status Change Info

Ratified Contract Dt
2024-12-16
Sold Date
2025-01-31

Fireplace

# Fireplaces
2
Family Room
Yes
Great Room
Yes

Internet Access

Cur'nt Internet Prov
SML Wireless
Other, See Remarks
Yes

More Information

Primary Bedrooms

Primary BR Entry Lvl
Yes

Bedrooms

BR Entry Level
2
BR Lower Level
2

Full Baths

Full Baths Entry Lvl
2
Full Baths Lower Lvl
2

Half Baths

Half Baths Entry Lvl
Yes

Laundry

Laundry Entry Level
Yes

Water Details

Channel Marker
R11
Shoreline Mgmt Plan
Yes
Number Covered Slips
2

Remarks & Misc

Directions
FROM HFB: Route 122 S; L on Scruggs Road/Rt. 616; L at Compass Cove Entrance; R on Compass Cove Circle; to home on left- #701.

Style of House

Contemporary
Yes

Limited Service

Not Limited Service
Yes

Lot Description

Other - See Remarks
Yes
Varied
Yes

Construction

Fiber Cement
Yes
Stone
Yes

Basement

Full
Yes
Walk-Out Access
Yes

Views

Lake
Yes

Heating

Heat Pump Electric
Yes
Zoned
Yes

Misc Features

Cable TV
Yes
Maint-Free Exterior
Yes
Paved Road
Yes
Underground Util
Yes

Cooling

Heat Pump Electric
Yes
Zoned
Yes

Water Description

Public
Yes

Sewer Description

Private Septic
Yes

Water Heater Type

Tank
Yes

Interior Features

Bookcases
Yes
Breakfast Area
Yes
Cathedral Ceiling(s)
Yes
Theater Room
Yes
Wet Bar
Yes
Whirlpool Bath
Yes
Wired for Sound
Yes
Wired For Data
Yes

Exterior Features

Deck
Yes
Patio
Yes
Paved Driveway
Yes

Porch

Screened Porch
Yes
Front Porch
Yes

Appliances

Cook Top
Yes
Dishwasher
Yes
Garage Door Opener
Yes
Microwave Oven (Built In)
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
Stationary
Yes
Storage/Util Bldg
Yes

Water Features

Cove
Yes

Windows

Insulated
Yes

Exterior Doors

Insulated
Yes

Water Htr Energy

Electric
Yes

Property Features

Style of House: Contemporary Limited Service: Not Limited Service Lot Description: Other - See Remarks; Varied Construction: Fiber Cement; Stone Basement: Full; Walk-Out Access Heating: Heat Pump Electric; Zoned Cooling: Heat Pump Electric; Zoned Fireplace: Family Room; Great Room Interior Features: Bookcases; Breakfast Area; Cathedral Ceiling(s); Theater Room; Wet Bar; Whirlpool Bath; Wired for Sound; Wired For Data Exterior Features: Deck; Patio; Paved Driveway Views: Lake Appliances: Cook Top; Dishwasher; Microwave Oven (Built In); Garage Door Opener; Wall Oven; Refrigerator Misc Features: Cable TV; Maint-Free Exterior; Paved Road; Underground Util Floors: Carpet; Tile - i.e. ceramic; Wood Windows: Insulated Exterior Doors: Insulated Porch: Screened Porch; Front Porch Water Description: Public Sewer Description: Private Septic Water Heater Type: Tank Water Htr Energy: Electric Internet Access: Other, See Remarks Boat Dock Desc: A-Roof; Floater; Stationary; Boat Hoist; Storage/Util Bldg Water Features: Cove

Room Information

Foyer Level: Entry Level: Entry Great Room Level: Entry Level: Entry Kitchen Level: Entry Level: Entry Breakfast Area Level: Entry Level: Entry Dining Room Level: Entry Level: Entry Primary Bedroom Level: Entry Level: Entry Bedroom 2 Level: Entry Level: Entry Laundry Level: Entry Level: Entry Library Level: Entry Level: Entry Family Room Level: Lower Level: Lower Game Room Level: Lower Level: Lower Office Level: Lower Level: Lower Bedroom 3 Level: Lower Level: Lower Bedroom 4 Level: Lower Level: Lower
Listing Office: RE/MAX LAKEFRONT REALTY INC
Last Updated: January - 13 - 2026
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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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