Lot 26 Compass Cove CIR
$579,000
Lot 26 Compass Cove CIR
Moneta, VA 24121
Property Type
Land
Year Built
Lot Size
0.68 acres
Garage

About This Property

One of the rare waterfront lots available in this price range is now on the market. This gently sloping lot in the prestigious Compass Cove community off Scruggs Road is now available. With a lot depth of 300' from the road to the lake, you can pick your building site knowing that your existing neighbors will not infringe on your view or on your home's setting. That's a huge benefit in today's market. Since the septic drainfield is off site and already in place with an existing force main connection, and public water eliminates the need to drill a well, you have even more opportunities to choose your building site in this deep water No Wake cove. The gently sloping lot at the shoreline caps off the opportunities presented by this unique parcel of property.
The Westlake shopping and business area, which offers many restaurants, businesses and a new modern medical facility preparing to open, is only 10 minutes away. As you'll notice from the photos, Smith Mountain Lake is still approximately 5' below full pond, which happens infrequently. As can be seen from the shore, the current water depth where your new dock will be built still has plenty of water depth to ensure you can launch your boat in these conditions. If you'd like an even deeper boat slip, dredging is allowed and relatively inexpensive. These additional benefits enhance this lot's appeal, especially since so few similarly priced lots are on today's market. Check out the Documents for Restrictions and Plats and Stop By and Give Yourself a Tour!

Property Details

Interior

Exterior & Lot

Lot Size
0.68 acres

Location

Subdivision
Compass Cove
County
Franklin County
ZIP Code
24121

Financial

Annual Taxes
$1,053
HOA Fee
$400/mo

Utilities

Sewer
Private Septic

Schools

Elementary
Dudley
Middle School
Ben Franklin Middle
High School
Franklin County

Lot Features

Gentle Sloping

Listing Information

MLS #
931046
Listing Agent
JIM SINGLETON
Listing Office
BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC
Listed Date
Sep 3, 2026
Brian Deacon
Brian Deacon
Realtor®, Broker

Contact Brian Deacon About This Property

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