Realty Service Area > Franklin County > Moneta > 24121
A Rare Opportunity for Future Homeowners
As premium waterfront land inventory continues to tighten across Smith Mountain Lake, new opportunities like Poplar Point Cove are becoming increasingly uncommon. The limited number of available homesites is expected to attract buyers seeking both lifestyle and long-term investment potential.
The subdivision represents more than a new development; it reflects the continuation of a vision that began over sixty years ago when Melvin Bryant recognized the extraordinary potential of this special shoreline.
Poplar Point: A Legacy of Lakefront Living Continues at Smith Mountain Lake
For more than six decades, Poplar Point has represented one of Smith Mountain Lake’s most distinctive and sought after waterfront settings. Established in 1965 by visionary Melvin Bryant, when the lake had not even reached its full pond and was starting to fill after the completion of the hydroelectric dam. This sought-after peninsula off Gangplank Road has long been admired for its natural beauty, expansive lake views, and close proximity to The Waterfront Country Club. Today. That legacy enters an exciting new chapter with the introduction of Poplar Point Cove, a boutique 12-lot waterfront subdivision planned for 2026 in Moneta, Virginia.
A Historic Beginning
When Melvin Bryant established Poplar Point in 1965, Smith Mountain Lake had yet to emerge as the premier lake destination it is known as today. Bryant recognized the unique appeal of the property’s elevated shoreline, mature hardwood forests, and sweeping water vistas. The location offered a rare blend of privacy, natural beauty, and accessibility that would become a hallmark of luxury lakefront living.
Over the years, Poplar Point has been sought after by many developers and individuals. This large waterfront tract is one of the last surviving large parcels of lakefront undeveloped land, with mature landscaping and exceptional views that created a setting appealing to generations of homeowners seeking a retreat from city life while staying connected to a vibrant lake community.
Its location just off Gangplank Road and adjacent to The Waterfront Country Club further enhanced its appeal. Residents enjoyed easy access to championship golf, tennis, dining, swimming, fitness amenities, and one of the region’s most prestigious country club experiences. The lake access is as appealing located off R24 boating to restaurants and events is a breeze.
The Enduring Appeal of The Waterfront Community
The Waterfront Country Club has long been regarded as one of Smith Mountain Lake’s premier lifestyle destinations. The combination of golf course living and waterfront recreation creates a unique environment where residents can enjoy boating in the morning and a round of golf in the afternoon.
This blend of luxury recreation and relaxed lakeside living has helped sustain strong property values throughout the area. As demand for premium waterfront property continues to grow, opportunities to build custom homes in established locations have become increasingly limited.
Introducing Poplar Point Cove
Building upon the heritage of the original Poplar Point, Poplar Point Cove is scheduled to debut in 2026 as an exclusive 12-lot waterfront subdivision in Moneta, Virginia.
Designed to complement the character of the original Poplar Point, known for its gently sloping land to the water’s edge, and located conveniently near Westlake Retail Infrastructure while embracing modern luxury living.
Poplar Point Cove will offer buyers an opportunity rarely found at Smith Mountain Lake: premium waterfront homesites in a highly coveted location connected to the established prestige of The Waterfront Country Club area.
The carefully planned subdivision is expected to emphasize:
- Spacious waterfront homesites
- Exceptional lake views
- Easy water access
- Privacy and natural surroundings
- Custom home opportunities
- Proximity to The Waterfront Country Club
- Convenient access to Westlake Retail Center – Moneta’s shopping, dining, health facility, restaurants, financial district and services
With only twelve homesites available, the development is positioned to offer an intimate, boutique community atmosphere while preserving the natural beauty that has defined the peninsula for generations.
Looking Ahead
The story of Poplar Point is one of enduring appeal, a deep appreciation for the natural beauty of Smith Mountain Lake. From its beginnings in 1965 to the unveiling of Poplar Point Cove in 2026, the community continues to evolve while maintaining the qualities that made it special in the first place.
For those seeking a premier waterfront setting within one of Smith Mountain Lake’s most desirable locations, Poplar Point Cove offers the opportunity to become part of a legacy that spans generations and continues to shape the future of luxury lakefront living in Moneta, Virginia.
About Poplar Point Cove
- Location: Off Gangplank Road, Moneta, Virginia
- Community: Adjacent to The Waterfront Country Club
- Planned Release: 2026
- Lots Available: 12 Exclusive Waterfront Homesites
- Lifestyle: Golf, boating, waterfront recreation, luxury custom homes, and Smith Mountain Lake living at its finest.
Poplar Point Cove Listings
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Would you like to know more? Contact Deb to schedule a private tour of the area. My team and I have made it our mission to deliver exceptional customer service and we take great pride in walking our clients through the entire buying process. I’d love to hear from you!
