Custom built cedar home on just under 2 acres on Smith Mtn. Lake. Property situated on the main channel of the Blackwater River & looks like a park - lot is level w/ tall trees & an incredible view of the lake. Shoreline measures approximately 400' & includes dock w/ two covered slips & floater. Also includes lighted tennis courts! Priced below current appraisal, seller motivated, bring offers!
Single-familyProperty Type
1973Year Built
1.96 acresLot Size
$495Est. Price/Sq.Ft.
Listed by DEBBIE SHELTON• BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Listed by ELLE WILK• SOUTHERN VIRGINIA PROPERTIES
Bought with JEANNINE HANSON• LONG & FOSTER - ROANOKE OFFICE
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Earn from this home
Rent
$4,567/mo
Redfin rental estimate
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Market trends in 24176, VA
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
97.6%
0.7% MoM
Median sale price
$925K
$209 MoM
Avg. days on market
20d
85 days MoM
Recently sold homes
5
3 MoM
Provided by Redfin
Sale history for 761 Lakestone Rd
Date
Event
Price
MHPCAR #120351
Nov 19, 2009
Sold
$895,000
$272/sq ft
Jul 17, 2009
Listed
$949,900
$289/sq ft
Unique Custom Built Home on Smith Mountain Lake Waterfront Point Lot with Level Abundant Water Frontage. Dramatic Wood Beam, Two Story High Cathedral Ceilings in Family Room with a Massive Rock Fireplace. Loft with Bedroom and Balcony Overlooking Family Room. Screened Porch with Beautiful View of the Lake where the movie "What About Bob" was filmed. Two Boat Dock and Beach. Tennis Court. Picnic Area. Absolutely Gorgeous Property! See Virtual Tour for more photos.
MLSRV #747343
Nov 19, 2009
Sold
$895,000
$272/sq ft
Jul 17, 2009
Listed
$949,900
$289/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,261
$369,500 + $853,900
$1,223,400
2024
$5,261 (−1.5%)
$369,500 + $853,900
$1,223,400
2023
$5,341
$364,500 + $511,000
$875,500
2022
$5,341
$364,500 + $511,000
$875,500
2021
$5,341
$364,500 + $511,000
$875,500
2020
$5,341 (+1.4%)
$364,500 + $511,000
$875,500
2019
$5,267
$364,500 + $498,900
$863,400
2018
$5,267 (+10.9%)
$364,500 + $498,900
$863,400
2017
$4,749 (−0.1%)
$364,500 + $498,900
$863,400
2016
$4,754 (+46.4%)
$364,500 + $499,900
$864,400
2014
$3,247
$364,500 + $225,900
$590,400
Tax history for 761 Lakestone Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,261
$369,500 + $853,900
$1,223,400
2024
$5,261 (−1.5%)
$369,500 + $853,900
$1,223,400
2023
$5,341
$364,500 + $511,000
$875,500
2022
$5,341
$364,500 + $511,000
$875,500
2021
$5,341
$364,500 + $511,000
$875,500
2020
$5,341 (+1.4%)
$364,500 + $511,000
$875,500
2019
$5,267
$364,500 + $498,900
$863,400
2018
$5,267 (+10.9%)
$364,500 + $498,900
$863,400
2017
$4,749 (−0.1%)
$364,500 + $498,900
$863,400
2016
$4,754 (+46.4%)
$364,500 + $499,900
$864,400
2014
$3,247
$364,500 + $225,900
$590,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
1.95 Acres
Year renovated
—
Sq. Ft.
5,252
Year built
1973
Style
Single Family Residential
County
Franklin County
APN
048/02/064/00////
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 4, 2025.
Property details
Interior
Bedroom Information
# of Bedrooms (Total): 5
# of Main Level Bedrooms: 2
Bathroom Information
# of Full Bathrooms: 4
# of Main Level Bathrooms: 2
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 2
Interior Features
# of Rooms (Total): 10
Appliances: Microwave Oven (Built In)
Flooring: Carpet, Vinyl, Wood
Interior Features: Wet Bar
Exterior
Building Information
Building Area (Total): 3,286
Year Built: 1973
Exterior Features
Patio And Porch Features: Rear Porch
Property Information
PropertyType: Residential
Lot Information
Lot Size Area: 1.96
Lot Size Acres: 1.96
Lot Size Square Feet: 85,377.6
Lot Size Units: Acres
Waterfront: Yes
Water Body Name: Smith Mtn Lake
Waterfront Features: Beach, Main Channel, Point, Riprap Shoreline
Zoning: 1
Financial
Tax Information
Tax Annual Amount: $5,220
Parcel Number: 04802 06400 & 06500
Utilities
Heating & Cooling
Has Heating
Heating: Heat Pump
Location
School Information
Elementary School: Glade Hill
Middle Or Junior School: Ben Franklin Middle
High School: Franklin County
Location Information
Directions: Rte 40 to Union Hall, turn onto Kemp Ford Rd to R on Dillard Hill Rd to R on Lakestone Rd to property on left
Public facts
Beds: 6
Baths: 5.0
Sq. Ft.: 5,252
Stories: 1.5
Lot Size: 1.95 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: —
County: Franklin County
APN: 048/02/064/00////
Home facts updated by county records on Nov 4, 2025
Other
Listing Information
ListingId: 747343
ListPrice: $949,900
Listing Office and Agent
Certified Residential Specialist / CRS
Around this home
Schools
Glade Hill Elementary School
Public PreK-5 • Assigned • 7.4mi
7/10
Benjamin Franklin Middle School
Public 6-8 • Assigned • 14.1mi
7/10
Franklin County High School
Public 9-12 • Assigned • 13.9mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 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
5/10 Heat Factor
7 days above 101° expected this year, 18 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
Union Hall, VA • 24176
Average low and high temperatures (°F)
43
27
49
33
67
43
73
52
74
56
85
66
88
71
80
65
78
61
70
50
61
43
48
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
$1.55M – $1.87M
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