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Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
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Tract 2 Lakewatch, Moneta, VA 24121 (MLS# 930714)

Tract 2 Lakewatch, Moneta, VA 24121

$790,000
Plat

Virtual Tour

https://rapidimagery.hd.pics/Tract-2-Lakewatch-Dr
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Property Type: Land Lot Size (sq. ft.): 892,980 Status: Active
Current Price: $790,000 List Date: 8/25/2026 Last Modified: 8/25/2026

Overview

Description

This tract is truly a rare commercial opportunity along Booker T. Washington Highway (VA 122), situated in the heart of Lakewatch Plantation--Smith Mountain Lake's most sought-after mixed-use community. The 20.495 acres offer exceptional visibility with approximately .32 miles of frontage along the region's primary corridor. Nearby VDOT measured segments on VA 122 consistently show strong daily traffic volumes, reinforcing the strategic value of this location for commercial development. The groundwork is already in place: public water and septic are available, and the property sits within both the Westlake Overlay District and the Westlake/Halesford Village Plan. These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented. This community currently has a bank, YMCA, retail center, Bojangles, lakefront homes, off water homes and patio homes

Supplements: These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented uses. Lakewatch Plantation continues to grow as one of Smith Mountain Lake's premier destinations, home to a full retail center, YMCA, bank, Bojangles, pond, and a blend of waterfront homes, off water residences, and patio ... (Read more) These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented uses. Lakewatch Plantation continues to grow as one of Smith Mountain Lake's premier destinations, home to a full retail center, YMCA, bank, Bojangles, pond, and a blend of waterfront homes, off water residences, and patio homes. This tract places a future owner or developer directly within that momentum--offering maximum exposure, accessibility, and long term value.

Listing Details MLS# 930714

Location, Tax & Legal

Area
0490 - SML Franklin County
Street Number
Tract 2
Street Name
Lakewatch
State/Province
VA
Zip Code
24121
Subdivision
Lakewatch Plantation
Municipality
Franklin County
Elementary School
Dudley
Middle School
Ben Franklin Middle
High School
Franklin County
Major Area
04 - Franklin County
Phase
0
Lot
Tract 2
Block
No
Tax ID
015 16-002 00
Annual Taxes
2800
Section
No
POA Y/N
No

General Property Description

Land Type
Land (Acreage)
Land Sub-Type
Commercial Land
Total Acreage
20.5
Manufactured Allowed
No
Water Class
N/A

Remarks & Misc

Public Remarks
This tract is truly a rare commercial opportunity along Booker T. Washington Highway (VA 122), situated in the heart of Lakewatch Plantation--Smith Mountain Lake's most sought-after mixed-use community. The 20.495 acres offer exceptional visibility with approximately .32 miles of frontage along the region's primary corridor. Nearby VDOT measured segments on VA 122 consistently show strong daily traffic volumes, reinforcing the strategic value of this location for commercial development. The groundwork is already in place: public water and septic are available, and the property sits within both the Westlake Overlay District and the Westlake/Halesford Village Plan. These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented. This community currently has a bank, YMCA, retail center, Bojangles, lakefront homes, off water homes and patio homes
Directions
From Hales Ford Bridge - 122 North -R Lakewatch Drive. Located on the left across from Bojangles. Signs to be installed 8-27-26

Limited Service

Not Limited Service
Yes

Land Description

Gentle Sloping
Yes
Level
Yes

More Information

Water Description

Other - See Remarks
Yes

Documents Available

Survey
Yes

Sewer Description

Other - See Remarks
Yes

Electric Description

Other - See Remarks
Yes

Property Features

Limited Service: Not Limited Service Land Description: Gentle Sloping; Level Documents Available: Survey Electric Description: Other - See Remarks Water Description: Other - See Remarks Sewer Description: Other - See Remarks
Listing Office: DEB BERAN PROPERTIES
Last Updated: August - 25 - 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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