Search Walnut Run Homes and Lots

Walnut Run Homes for Sale

Walnut Run is the most active subdivision in Hardy, with homes along Charlotte Lane and Walnut Landing Circle and building lots throughout. Homes are mostly from the early 2000s and range from comfortable family homes to large estates.

Walnut Run Market Snapshot

As of November 2026, there are about 5 properties for sale in Walnut Run, from lots near $50,000 to a home listed around $1.3 million. In the past two years, about 13 properties have sold here, with an average asking price around $550,000. Homes have sold from the mid $500,000s to about $1.8 million, and lots from about $30,000. Figures come from live MLS data, change daily and are rounded.

Buying in Walnut Run

  • Confirm whether a home or lot has lake frontage, a permitted dock or only community access.
  • Planning to build? Check utilities, septic and the community's building rules. Steven Lee's contractor background helps buyers budget a build.

Selling in Walnut Run

Get a free home valuation or contact The Lee Team at (540) 529-4294.

Back to Hardy lake homes or the Smith Mountain Lake waterfront guide.

Walnut Run Homes for Sale

1617 Walnut Run Dr, Hardy
$1,299,950
3 Beds ⋅ 3 Baths ⋅ 928329 MLS
Escape to your own slice of paradise with this beautiful waterfront home on Smith Mountain Lake that was designed by the renowned architect Donald Gardner. This luxury single-family home is located in the Walnut Run Subdivision and is on the main channel with wide water views. If you step into the kitchen you will see the state-of-the-art JennAir Gourmet kitchen, perfect for entertaining or preparing family meals. This home features three spacious bedrooms and two-and-a-half baths designed with comfort and privacy in mind. The open-concept living area boasts expansive windows offering natural light and breathtaking lake views no matter where you are on the entry level. The primary suite is located on the entry level of the home and is perfect for folks that need one level living and offers a soaking tub and a stand up shower with luxury marble finishes. If you make your way downstairs, the basement can act as a guest quarters with two bedrooms and one full bath giving you plenty of privacy and space for overnight guests. There is also a whole house Generac generator that automatically turns on if the power goes out giving you peace of mind no matter the weather. Once you are outside, there is a paved driveway leading to the dock that is perfect for your UTV or golf cart to get to and from the dock for convenience. Once at the dock, you will see a retractable awning that will cover the stationary dock that provides plenty of shade during the hot summer days as well as a retractable boat cover to keep your boat covered and protected from the weather. After the sun sets, be sure to turn your LED dock lights on and enjoy the ambiance at the fire pit by the lake. This home has been well maintained and designed with convenience in mind and also offers a full irrigation system supplied by a pump at the dock that keeps your landscaping alive and beautiful. You do not want to miss the opportunity so give us a call today for a showing and get ready to enjoy your lake retreat.

1617 Walnut Run Dr, Hardy
27 Hawthorn Trl, Hardy
$799,000
3 Beds ⋅ 3 Baths ⋅ 925224 MLS
Introducing a stunning proposed new construction in the prestigious Walnut Run lake-access community. Thoughtfully crafted, this 3-bedroom, 2-bath home blends modern comfort with elevated finishes, all situated on over an acre in one of Franklin County's most desirable locations. Residents will enjoy exclusive community lake access, including a private assigned boat slip--an exceptional and highly coveted amenity. Inside, the home features an open-concept layout designed for effortless everyday living and entertaining. Premium materials, stylish flooring, and a beautifully appointed kitchen create a warm, inviting atmosphere. The private primary suite offers a serene retreat with its own ensuite bath, while two additional bedrooms provide flexibility for guests, a home office, or a growing household. A spacious bonus room adds even more versatility, either for recreation, hobbies or additional storage. Whether you're looking for a full-time residence or a peaceful retreat, this home delivers the best of both worlds! Additionally, builder will build to suit so feel free to bring your own plans.

27 Hawthorn Trl, Hardy
55 Walnut Trace Dr, Hardy
$650,000
5 Beds ⋅ 4 Baths ⋅ 926672 MLS
Priced Below recent Appraised value. This lake-access home offers spacious rooms on every level & Deeded Boat Slip! The kitchen has recently been updated with new granite countertops and refreshed finishes, creating a bright and functional space for everyday living and entertaining. Additional updates include improvements to the bathrooms, updated light fixtures, and fresh painting updates. The home is decorated as a 5-bedroom layout, providing flexibility for guests, home office space, or recreation needs.The upper level features an open loft area along with two bedrooms and a full bath, while the finished lower level offers a comfortable family room, an additional bedroom, and a full bath Bedrooms and bathrooms are thoughtfully located on every level to accommodate family and visitors....SELLER IS OFFERING 2-1 Buydown to assist with Financing. Ask for details. Outdoor living is just as appealing, with a large rear deck offering seasonal filtered lake views and plenty of space for relaxing or gathering with friends. This property also includes exceptional storage and parking with an attached two-car garage plus an additional attached garage designed to accommodate another vehicle, RV, or boat and trailer. Located in a great community with lake access, the property includes assigned boat slip #9 at the on-site marina, making it easy to enjoy all that lake living has to offer. Two-zone high-efficiency Carrier heat pumps provide year-round comfort and efficiency. Convenient location to either Westlake or to Roanoke.

55 Walnut Trace Dr, Hardy
Lot 74 Walnut Run, Hardy
$85,000
928432 MLS
Your opportunity to enjoy Smith Mountain Lake starts here! This 0.78-acre lot in the Walnut Run community comes with a DEEDED BOAT SLIP, giving you convenient access to the lake without the waterfront price tag! Whether you're dreaming of building a full-time residence or a weekend retreat, this property offers the perfect opportunity to create your own getaway. Enjoy access to the community's gated marina, where your assigned Boat Slip #13 makes getting out on the water easy. A recent perc test and available survey provide valuable information as you plan your future build. With annual association dues of just $75, you can enjoy the benefits of lake access at an affordable cost. Bring your house plans, your boat, and your vision for lake living. Don't miss your chance to own a piece of Smith Mountain Lake!

Lot 74 Walnut Run, Hardy
Lot 16 Walnut Run, Hardy
$49,900
922566 MLS
Build Your Dream Home in Walnut Run. Build here and enjoy the location and lifestyle, on this 2.28-acre gentle-slope lot in the desirable Walnut Run community. This private, wooded lot offers water access with assigned deep-water boat slip (#25) and is close to the community's private gated marina with new aluminum floating docks installed in 2016. The lot is easy to build on (minimum 1,200 sq. ft. single-level or 1,600 sq. ft. two-story) and is served by a community water system (septic system required, new owner responsibility). Located just minutes from Westlake, Vinton, Roanoke, and Rocky Mount, and only 15 minutes by boat to Hales Ford Bridge, this peaceful, active neighborhood is surrounded by many beautiful custom homes—perfect for a full-time residence or weekend retreat.

Lot 16 Walnut Run, Hardy
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