428 Anchor DR, Moneta, VA 24121
New Listing
$1,349,900
Property Type:
Residential
Bedrooms:
5
Baths:
4.1
Square Footage:
4,638
Lot Size (sq. ft.):
17,860
Status:
Active
Current Price:
$1,349,900
List Date:
2/02/2026
Last Modified:
2/02/2026
Description
Rare opportunity to acquire a high-upside Smith Mountain Lake property in one of the lake's rarest short-term rental areas of the lake with the bonus of a hot resale corridor — no homeowners association and no HOA fees. Ideally located on the 6th hole of The Waterfront Country Club with direct sunrise exposure, this home offers exceptional access by both land and water,. This location and setting delivers on both wild potential rental performance and long term appreciation. The thoughtfully designed multi-level, multi-living layout offers three distinct living zones, multiple primary suites, and a fully equipped lake-level apartment with second kitchen — creating ideal separation, privacy, and flexibility for guests, family, or rental use. Two private docks — including a main dock with
Supplements: party deck and floater Optional additional amenities include proximity to the community pool, clubhouse dining, and championship golf. Offered at a price point that reflects future updates and modernization. Offers an outstanding foundation for buyers seeking to renovate, reposition, and maximize future income potential and appreciation.
More Information MLS# 924369
General Property Description
Property Sub-Type: Single Family Residence
Construction Status: Completed
Residential Type: Detached
Total Acreage: 0.41
Entry Above Grd Fin SQFT: 1645
Upper Above Grd Fin SQFT: 1022
Lower Below Grd Fin SQFT: 1119
Other Above Grd Fin SQFT: 0
Total Fnshd SqFt: 3786
Total Above Grd Fin SQFT: 2667
Grand Total Attached SQFT: 4638
Basement Y/N: Yes
Water Class: Waterfront Property
Length of Waterfront: 103
Total Unfin SQFT: 852
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Total Cov'd Prk Spc: 2
Year Built: 1982
Total Bdrm: 5
Total Bths: 4.1
Total F Baths: 4
Total H Baths: 1
Water ID: Smith Mtn Lake
Location, Tax & Legal
Major Area: 04 - Franklin County
Phase: 0
Subdivision Map: The Waterfront
Lot: 7
Block: 0
Tax ID: 031 03 008 00
Annual Taxes: 3707.03
Section: 2
Zoning Code: RPD
POA Y/N: No
Area: 0490 - SML Franklin County
Street Number: 428
Street Name: Anchor
Street Suffix: DR
State/Province: VA
Zip Code: 24121
Subdivision: The Waterfront
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: (Rt.122) Booker T. Washington Hwy, to Scruggs Rd, L Windlass, L Anchor Dr. to 428 on Right.
Style of House
Contemporary: 1
Limited Service
Not Limited Service: 1
Lot Description
Gentle Sloping: 1
Wooded: 1
Construction
Wood: 1
Basement
Full: 1
Walk-Out Access: 1
Views
Lake: 1
Sunrise: 1
Unfinished Attached SQFT
Entry Above Grd Unfin SQFT: 679
Upper Above Grd Unfin SQFT: 173
Heating
Ductless: 1
Misc Features
Cable TV: 1
Furnished: 1
Underground Util: 1
Cooling
Ductless: 1
Fireplace
# Fireplaces: 2
Living Room: 1
Recreation Room: 1
Water Description
Public: 1
Sewer Description
Private Septic: 1
Water Heater Type
Tank: 1
Interior Features
Central Vacuum: 1
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Skylight: 1
Internet Access
Cable: 1
Cur'nt Internet Prov: Shentel
Exterior Features
Balcony: 1
Deck: 1
On Golf Course: 1
Paved Driveway: 1
Porch
Covered Porch: 1
Front Porch: 1
Rear Porch: 1
Appliances
Clothes Dryer: 1
Clothes Washer: 1
Dishwasher: 1
Range Electric: 1
Refrigerator: 1
Wall Oven: 1
Floors
Carpet: 1
Tile - i.e. ceramic: 1
Wood: 1
Boat Dock Desc
Boat Hoist: 1
Floater: 1
Party Deck: 1
Stationary: 1
Storage/Util Bldg: 1
Area Amenities
Private Golf: 1
Windows
Insulated: 1
Exterior Doors
Sliding: 1
Wood: 1
Primary Bedrooms
Primary BR Entry Lvl: 1
Water Htr Energy
Electric: 1
Bedrooms
BR Entry Level: 1
BR Lower Level: 1
BR Upper Level: 3
Water Details
Number Covered Slips: 1
Short Term Rental: 1
Full Baths
Full Baths Entry Lvl: 1
Full Baths Lower Lvl: 1
Full Baths Upper Lvl: 2
Half Baths
Half Baths Entry Lvl: 1
Laundry
Laundry Entry Level: 1
Laundry Upper Level: 1
Contract Information
Current Price: $1,349,900
List Price: $1,349,900
List Date: 2026-02-01
Status: Active
Property Features
Style of House: Contemporary
Limited Service: Not Limited Service
Lot Description: Gentle Sloping; Wooded
Construction: Wood
Basement: Full; Walk-Out Access
Heating: Ductless
Cooling: Ductless
Fireplace: Living Room; Recreation Room
Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Central Vacuum; Skylight
Exterior Features: Balcony; Deck; On Golf Course; Paved Driveway
Views: Lake; Sunrise
Appliances: Dishwasher; Clothes Dryer; Wall Oven; Refrigerator; Range Electric; Clothes Washer
Misc Features: Cable TV; Furnished; Underground Util
Area Amenities: Private Golf
Floors: Carpet; Tile - i.e. ceramic; Wood
Windows: Insulated
Exterior Doors: Sliding; Wood
Porch: Covered Porch; Front Porch; Rear Porch
Water Description: Public
Sewer Description: Private Septic
Water Heater Type: Tank
Water Htr Energy: Electric
Internet Access: Cable
Boat Dock Desc: Party Deck; Floater; Stationary; Boat Hoist; Storage/Util Bldg
Water Details: Short Term Rental
Room Information
Primary Bedroom
Level: Entry
Level: Entry
Bedroom 2
Level: Upper
Level: Upper
Bedroom 3
Level: Upper
Level: Upper
Bedroom 4
Level: Upper
Level: Upper
Bedroom 5
Level: Lower
Level: Lower
Dining Area
Level: Entry
Level: Entry
Family Room
Level: Entry
Level: Entry
Kitchen
Level: Entry
Level: Entry
Kitchen
Level: Lower
Level: Lower
Living Room
Level: Entry
Level: Entry
Recreation Room
Level: Lower
Level: Lower
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Last Updated: February - 02 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.