Tract 2 Lakewatch, Moneta, VA 24121
$790,000
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
Supplements: ... (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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