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Lot 41 Compass Cove, Moneta, VA 24121

$1,036,000

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Sold Price: $1,036,000
List Price: $995,500
Closing Date: Aug 13, 2026
Days on Market: 4
Status: CLOSED
MLS#: 929064
Lot Size (Acres): 1.81

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Property Description

One of the best waterfront lots available at SML in the highly desired Compass Cove community. Lot encompasses 1.80 acres with lot of options to locate a unique, dynamic home with mountain and long water views available to capture throughout the home. An oversized 3 slip boathouse is already installed and fully approved by AEP. The flooring areas are covered with premium quality Trex-type materials. Off site septic system is already in place with a connection to the system already installed at the lot as well as connection to Western Virginia Water authority. There is a large sandy beach on the property to enjoy beach type activities. This is a unique opportunity to obtain a ''one of a kind'' property to build your dream vacation or retirement home on Smith Mountain Lake. Get your architect and builder involved to make your dreams come true.

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Additional Information

Area: 0490 - SML Franklin County
Subdivision: Compass Cove
Neighborhood: 0490 - SML Franklin County
Taxes: $2,060
HOA Fee: $400
View: Lake, Mountain(s)
Utilities: Underground Utilities
Water: Public
Sewer: Private Septic
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks: One of the best waterfront lots available at SML in the highly desired Compass Cove community. Lot encompasses 1.80 acres with lot of options to locate a unique, dynamic home with mountain and long water views available to capture throughout the home. An oversized 3 slip boathouse is already installed and fully approved by AEP. The flooring areas are covered with premium quality Trex-type materials. Off site septic system is already in place with a connection to the system already installed at the lot as well as connection to Western Virginia Water authority. There is a large sandy beach on the property to enjoy beach type activities. This is a unique opportunity to obtain a ''one of a kind'' property to build your dream vacation or retirement home on Smith Mountain Lake. Get your architect and builder involved to make your dreams come true.