This beautifully maintained home in the prestigious Montego Bay subdivision offers a first-floor master suite, 3 upper-level bedrooms and a lower-level office. The bonus room above the 3-car garage has been used as an art studio for years and features Pergo flooring, skylights, its own HVAC unit and has a connecting sitting room and kitchenette. But the feature that will WOW you the most is the Outdoor Kitchen! This octangle covered patio was a stone fireplace, granite counter tops, gas grill, 2 gas stove eyes, and a warming drawer. The dock features 2 covered boat slips, an extra-large storage room, a floater, 2 kayak floating slips, a covered stationary section and custom-made wrought iron railings. The mature landscaping provides a tremendous amount of privacy.
FANTASTIC NEW BRICK CONSTRUCTION, GORGEOUS MOUNTAIN VIEWS, LARGE DOUBLE DOCK WITH CABANA, SEAWALL ALONG LAKE, TRIPLE GARAGE, GRANITE COUNTERS TOWERING FIREPLACE, FAMILY ROOM, SEE SPEC SHEET FOR FULL DETAILS
Year
Property tax
Land + Additions
Assessment*
2025
$6,695
$302,000 + $1,255,000
$1,557,000
2024
$6,695 (+13.9%)
$302,000 + $1,255,000
$1,557,000
2023
$5,877
$295,000 + $668,500
$963,500
2022
$5,877
$295,000 + $668,500
$963,500
2021
$5,877
$295,000 + $668,500
$963,500
2020
$5,877 (+6.6%)
$295,000 + $668,500
$963,500
2019
$5,514
$255,000 + $649,000
$904,000
2018
$5,514 (+10.9%)
$255,000 + $649,000
$904,000
2017
$4,972
$255,000 + $649,000
$904,000
2016
$4,972 (+1.3%)
$255,000 + $649,000
$904,000
2014
$4,909
$255,000 + $637,600
$892,600
Tax history for 470 Calypso Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,695
$302,000 + $1,255,000
$1,557,000
2024
$6,695 (+13.9%)
$302,000 + $1,255,000
$1,557,000
2023
$5,877
$295,000 + $668,500
$963,500
2022
$5,877
$295,000 + $668,500
$963,500
2021
$5,877
$295,000 + $668,500
$963,500
2020
$5,877 (+6.6%)
$295,000 + $668,500
$963,500
2019
$5,514
$255,000 + $649,000
$904,000
2018
$5,514 (+10.9%)
$255,000 + $649,000
$904,000
2017
$4,972
$255,000 + $649,000
$904,000
2016
$4,972 (+1.3%)
$255,000 + $649,000
$904,000
2014
$4,909
$255,000 + $637,600
$892,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
0.99 Acres
Year renovated
2016
Sq. Ft.
4,097
Year built
2004
Style
Single Family Residential
County
Franklin County
APN
032/07/007/00////
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
A1
Agricultural District
This district includes unincorporated portions of the county that are occupied by various open uses such as farms, forests, lakes, reservoirs, streams and park lands. This district is established for the purpose of facilitating existing and future farming operations, preserving farm and forest lands, conserving water and other natural resources, reducing soil erosion, preventing water pollution, and protecting watersheds and reducing hazards from flood and fire.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Assembly / meeting place
Religious facility
Day care facility
Commercial & retail-Other
Housing-Single unit
Bed & breakfast
Library
Veterinary clinic
Property details
Parking
Garage and Parking Information
# of Covered Spaces: 3
# of Open Parking Spaces: 4
Other Parking: Off Street Parking
Interior
Bedroom Information
# of Bedrooms (Total): 4
# of Main Level Bedrooms: 1
Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 1
# of Main Level Bathrooms: 1
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 2
Interior Features
# of Rooms (Total): 13
Appliances: Garage Door Opener, Microwave Oven (Built In), Wall Oven
Door Features: Fiberglass
Window Features: Tilt-In
Flooring: Carpet, Laminate, Tile, Wood
Interior Features: Book Shelves, Whirlpool Bath, Storage
Exterior
Building Information
Building Area (Total): 4,850
Year Built: 2004
Exterior Features
Patio And Porch Features: Front Porch
Property Information
PropertyType: Residential
Lot Information
Lot Size Area: 0.99
Lot Size Acres: 0.99
Lot Size Square Feet: 43,124.4
Lot Size Units: Acres
Waterfront: Yes
Water Body Name: Smith Mtn Lake
Waterfront Features: Cove, Riprap Shoreline
Zoning: 1
Financial
Tax Information
Tax Annual Amount: $5,877
Parcel Number: 0320700700
Utilities
Heating & Cooling
Has Heating
Heating: Heat Pump
Location
HOA Information
Has Home Owners Association
Association Fee: $800
Association Fee Frequency: Annually
School Information
Elementary School: Dudley
Middle Or Junior School: Ben Franklin Middle
High School: Franklin County
Location Information
Directions: From HFB: 122 S; L-Scruggs Rd; L-Blue Water Dr; R- Saunders Farm Rd; R-Winding Waters Dr; R-Montego Bay Dr; L-Calypso Rd; House on right
Community Information
Community Features: Beach Access, Restaurant
Public facts
Beds: 4
Baths: 4.5
Sq. Ft.: 4,097
Stories: 1.5
Lot Size: 0.99 acres
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2016
County: Franklin County
APN: 032/07/007/00////
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
ListingId: 899551
ListPrice: $1,700,000
Around this home
Schools
Dudley Elementary School
Public PreK-5 • Assigned • 6.4mi
6/10
Benjamin Franklin Middle School
Public 6-8 • Assigned • 14.5mi
7/10
Franklin County High School
Public 9-12 • Assigned • 14.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
3% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Moneta, VA • 24121
Average low and high temperatures (°F)
43
27
49
33
66
42
73
52
74
56
85
65
88
71
80
65
78
61
70
50
61
43
47
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.8 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.72M – $2.08M
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