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TRACT 2 Lakewatch

Moneta, VA 24121
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Acres20.50

Acres(Lot)

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 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.

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Detail Ic Property Details

Property Type : Land

Price : $790,000

AD Id : 90908182

MLS Id : 930714

Lot Size : 20.50 Acres(Lot)

Tax Amount : 2800.00

County : Franklin County

Subdivision: Beechwood West

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Feature Features

  • Lot Information

    Main Square Feet: 20.5 Acres Lot Size Acres: 20.5 Lot Size Square Feet: 892980 Lot Description: Gentle Sloping, Level

    Property Information

    Subdivision: Lakewatch Plantation Source Property Type: Land MLS Area Minor: 0490 - SML Franklin County

  • Listing Price Information

    Listing Price: $790000

  • Tax Information

    Parcel Number: 015 16-002 00 Tax Lot: Tract 2 Tax Block: 0 Annual Tax: $2800

  • School Information

    Elementary School: Dudley
    Junior High School: Ben Franklin Middle
    Senior High School: Franklin County
  • Location Information

    Direction: From Hales Ford Bridge - 122 North -R Lakewatch Drive. Located on the left across from Bojangles. Signs to be installed 8-27-26 WaterSource: Other
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 23 Pine Watch Cir, Moneta, VA, 24121 $39,900 -- -- -- 0.50 Acre(Lot)
Old Barn Road, Moneta, VA, 24121 $28,000 -- -- -- 0.85 Acre(Lot)
Lakewatch Circle, Moneta, VA, 24121 $90,000 -- -- -- 0.99 Acre(Lot)
Stewartsville Road, Moneta, VA, 24121 $99,950 -- -- -- 4 Acres(Lot)
LOT 6 Clearwater Dr, Moneta, VA, 24121 $1,500,000 -- -- -- 5.11 Acres(Lot)
Leeward Dr, Moneta, VA, 24121 $42,500 -- -- -- 0.39 Acre(Lot)
LOT 37 Cranberry Ct, Moneta, VA, 24121 $35,000 -- -- -- 0.13 Acre(Lot)
LOT 7B Hillcrest Height.., Moneta, VA, 24121 $1,200,000 -- -- -- 1.22 Acres(Lot)
LOT 36 Cranberry Ct, Moneta, VA, 24121 $35,000 -- -- -- 0.14 Acre(Lot)
Ridgeway Ct, Moneta, VA, 24121 $29,900 -- -- -- 0.88 Acre(Lot)

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ByOwner last updated this listing 09/03/2026 @ 06:01

MLS: 930714 LISTED BY: DEBORAH BERAN, DEB BERAN PROPERTIES SOURCE: Roanoke Valley Association of REALTORS

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