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    Tract 2 Lakewatch, Moneta, VA 24121 (MLS# 930714)

    Tract 2 Lakewatch, Moneta, VA 24121

    $790,000
    Property Type: Land Lot Size (sq. ft.): 892,980 Status: Active
    Current Price: $790,000 List Date: 8/25/2026 Last Modified: 10/27/2026

    Description

    This tract is truly a rare commercial opportunity along Booker T. Washington Highway (VA 122), situated in the heart of Lakewatch Plantation--Smith Mountain Lake's most sought-after mixed-use community. The 20.495 acres offer exceptional visibility with approximately .32 miles of frontage along the region's primary corridor. Nearby VDOT measured segments on VA 122 consistently show strong daily traffic volumes, reinforcing the strategic value of this location for commercial development. The groundwork is already in place: public water and septic are available, and the property sits within both the Westlake Overlay District and the Westlake/Halesford Village Plan. These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented. This community currently has a bank, YMCA, retail center, Bojangles, lakefront homes, off water homes and patio homes

    Supplements: These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented uses. Lakewatch Plantation continues to grow as one of Smith Mountain Lake's premier destinations, home to a full retail center, YMCA, bank, Bojangles, pond, and a blend of waterfront homes, off water residences, and patio homes. This tract places a future owner or developer directly within that momentum--offering maximum exposure, accessibility, and long term value.

    More Information MLS# 930714

    General Property Description

    Land Type: Land (Acreage) Land Sub-Type: Commercial Land Total Acreage: 20.5 Manufactured Allowed: No Water Class: N/A

    Location, Tax & Legal

    Major Area: 04 - Franklin County Phase: 0 Lot: Tract 2 Block: 0 Tax ID: 015 16-002 00 Annual Taxes: 2800 Section: 0 POA Y/N: No Area: 0490 - SML Franklin County Street Number: Tract 2 Street Name: Lakewatch State/Province: VA Zip Code: 24121 Subdivision: Lakewatch Plantation Municipality: Franklin County Elementary School: Dudley Middle School: Ben Franklin Middle High School: Franklin County

    Remarks & Misc

    Public Remarks: This tract is truly a rare commercial opportunity along Booker T. Washington Highway (VA 122), situated in the heart of Lakewatch Plantation--Smith Mountain Lake's most sought-after mixed-use community. The 20.495 acres offer exceptional visibility with approximately .32 miles of frontage along the region's primary corridor. Nearby VDOT measured segments on VA 122 consistently show strong daily traffic volumes, reinforcing the strategic value of this location for commercial development. The groundwork is already in place: public water and septic are available, and the property sits within both the Westlake Overlay District and the Westlake/Halesford Village Plan. These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented. This community currently has a bank, YMCA, retail center, Bojangles, lakefront homes, off water homes and patio homes Directions: From Hales Ford Bridge - 122 North -R Lakewatch Drive. Located on the left across from Bojangles. Signs to be installed 8-27-26

    Limited Service

    Not Limited Service: 1

    Land Description

    Gentle Sloping: 1 Level: 1

    Water Description

    Other - See Remarks: 1

    Documents Available

    Survey: 1

    Sewer Description

    Other - See Remarks: 1

    Electric Description

    Other - See Remarks: 1

    Contract Information

    Current Price: $790,000 List Price: $790,000 List Date: 2026-08-25 Status: Active

    Property Features

    Limited Service: Not Limited Service Land Description: Gentle Sloping; Level Documents Available: Survey Electric Description: Other - See Remarks Water Description: Other - See Remarks Sewer Description: Other - See Remarks
    Listing Office: DEB BERAN PROPERTIES
    Last Updated: October - 27 - 2026
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