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

$790,000

Tract 2 Lakewatch
Moneta, VA 24121
MLS# 930714

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Property 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

Details

Contract Information

Current Price: $790,000

List Price: $790,000

List Date: 2026-08-25

Status: Active

General Property Description

Land Type: Land (Acreage)

Land Sub-Type: Commercial Land

Total Acreage: 20.5

Manufactured Allowed: No

Water Class: N/A

Location Legal Taxes

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

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

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.

Listing Office: DEB BERAN PROPERTIES

Last Updated: August - 25 - 2026

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