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Off market
  • $1,046,200

    1156 Waterwheel Dr, Moneta, VA 24121

    3beds
    2,400sqft
    Single Family Residence
    Built in 1972
    1.1 Acres Lot
    $1,046,200 Zestimate®
    $436/sqft
    $2,794 Estimated rent

    Home value

    $1,046,200

    $963,000 - $1.16M

    $2,794/mo

    Zestimate® history
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    What's special

    Lake viewsMagnolia treePecan treeLarge spaceLarge seating areaBuilt in cabinetsNewly carpeted stairs

    Fabulous deep waterfront property w/ 321' of riprapped shoreline-astounding water views. Well maintained, partially furnished, cedar sided home is move-in ready or could be updated to transform into a more spectacular residence, vacation or rental or commercial business opportunity. Zoned PCD allows some commercial use. Greatroom w/ wood burning fireplace, kitchen & dining area & opens to covered deck, large Master BR w/ full bath & laundry closet. 2nd bedroom & full bath in hall. Lake level living room, full bath w/ laundry & a room that could be altered by adding doors for a 3rd bedroom. Catering kitchen w/ 2-220 outlets. Covered deck & paver stone patio.Gentle slope to double slip party deck dock, 2 pier docks-one w/ low covered boat slip. Windows & doors replaced in 2006.New HVAC 2018 Additional Information about 1156 Waterwheel Drive 1.095 acre gently sloped lot. This lot is absolutely spectacular! ZONED PCD. No wake buoys in cove prior to reaching this property Gravel under grass driveway allows for driving a vehicle down the lake with large space to turn around Large shade trees include a Pecan tree & Magnolia tree among other varieties 321' of heavily riprapped shoreline (including wooded area to left of lot past the old chain link fence, when facing the lake - this lot goes almost to neighbors floating dock) Deep water at dock. Approximately 11' when measured at end of party deck dock Double slip party deck boat dock. One V-Hull Cradle & One Pontoon cradle. Large seating area on lower deck & huge party deck above (take care when walking on, as some boards need replacement. Maintenance of just replacing decking & rails would not require a dock permit- Confirmed with Nick Sink of AEP Shoreline Management who is inspecting the docks on 6/29/23 2nd dock- Low A-Roof for smaller boat with sling cradle & stationary area 3rd dock - stationary & floater with cleats for guest parking Sunrise views & big panoramic water views across to Bridgewater Bay. Views to Beechwood Shores from dock. More about the house Convey "as is" with no repairs made by seller. Buyer inspections are welcome. Furnished except for some personal items, clothing, mirror next to TV is master bedroom. Outdoor yard art (steel wheelbarrow, Gargoyle biting gator, concrete elephant, pink bird) greenstone pieces, contents of garage & storage shed (including on exterior) do not convey. 1972 Modular construction on 10" block walls & Cedar siding. Served by public sewer (pump alarm for grinder tank) & private well which was 12 GPM when installed in 2014 (near Magnolia). Meter on well to determine monthly sewer fees. Beautiful paver stone patios at homes entrance & to the garage. Single car insulated, heated & cooled garage - compressed dirt floor with linoleum over the floor. 14' X18' with oil heater & wall AC unit. 1200 SF on entry level & 1200 SF on lower level Two bedrooms & two full baths on main level. One area intended for a bedroom on lower level would need two doors added. Enter into dining area with glass block wall on the street facing wall. Kitchen with breakfast bar for dining. Older appliances. Main level great room with newer carpet open to dining area & kitchen with breakfast bar. Storage closet. Covered deck off great room & is also accessible from the entry patio. Two beautiful stone wood burning fireplaces with chimney caps- one on each level. Not used for many years by the current owner as they rented the home out at one time & did not want renters using them. No propane tank but fireplace could be converted a propane logs if desired. Hallway guest bedroom with lake views. Hallway linen closet & full bath, with porcelain tub/shower & tile surround. Large master bedroom with lake views, laundry closet & stackable washer & dryer (included). Small master bath with single sink & newer shower. Walk-in closet - could be enlarged if desired into alcove area to the right of it. So many options for this large master bedroom space. Newly carpeted stairs to lower level. Newly carpeting in large great room & optional 3rd bedroom area. Built in cabinets - this area could make an awesome wet bar area or bathroom enlargement if desired since it is right next to the bathroom. So many options for this space. Below stair storage closet Full bath with shower & laundry (washer & dryer included) Large dining area & former catering kitchen with triple sink station. Kegerator & refrigerator included. 2-220 outlets. Inspected by B. Co. when the owner had a houseboat catering business. Door from catering kitchen area, as well as the great room opens onto a beautiful, elevated paver stone patio. Mechanical closet off catering kitchen area. Complete (inside & out) HVAC/Heat Pump replaced in 2018. Golf cart covered parking area. Golf cart is gasoline powered & available for purchase if desired, but only after a contract to purchase has been ratified. Price being determined & available upon request. Age of Systems of home: HVAC Heat PUMP 2018 Metal Roof - about 2008 -installed over good shingles offers added insulation. Installed over 1"x 2" batten board strips to elevate for ventilation. Current owner simply desired a metal roof. Well & 5 Micron Filter 2014 Well Pump & screen 2016 PCD Zoning Potential Option - NOT A Guarantee this could be done Teresa, the listing agent, spoke with Mariella at Bedford County Planning & Zoning after an inquiry as to whether this lot could be divided. We wanted to share that, we learned this lot could possibly be subdivided into 2 lots in order to build an additional home, etc. This is not something the current owner would consider doing or that should be written into an offer & would only be a potential future option for the new owner, if they wanted to attempt to divide the lot. A division of the lot may or may not be approved. The potential should simply be considered a potential bonus. There is no guarantee it could be done or approved. Additional fact finding & much consideration should take place prior to attempting it. Based on the survey plat the lot appears to meet the potential for two lots to have 75' of frontage on a public road since current frontage is 155.05 according to the plat. This lot is 1.10 acres, so is large enough to potentially achieve two lots meeting the minimum 20,000 SF requirement. A lot of survey work etc. would have to be completed to confirm this. First an application would need to be made with Planning & Zoning Dept. & then a public notice would be advertised & posted at the property regarding a public hearing before the Bedford County Planning Commission. If approved at that stage, it would then be sent to the Board of Supervisors for their final approval or another public hearing. This is my understanding of the process, but further fact finding should be made if a new owner has any interest in this. APCO Shoreline Management would also need to be contacted regarding what their requirement would be for insuring the current homes lot could keep the main dock & a new lot could add onto an existing dock or build a new dock, depending on the lot division line.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    TERESA A CRINER 540-330-8844,

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    Bought with:

    Non Member Transaction Agent

    Non-Member Transaction Office

    Source: RVAR,MLS#: 899114MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat Pump Electric
    Cooling
    • Heat Pump Electric
    Appliances
    • Included: Dryer, Washer, Dishwasher, Electric Range, Range Hood, Refrigerator
    Features
    • Flooring: Carpet, Vinyl
    • Doors: Full View, Sliding Doors
    • Windows: Insulated Windows, Other - See Remarks
    • Has basement: Yes
    • Number of fireplaces: 2
    • Fireplace features: Great Room, Living Room, Masonry, Flue Available
    • Furnished: Yes
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 1,200
    • Finished area below ground: 1,200

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Off Street
    • Has garage: Yes
    • Covered spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Deck, Patio, Rear Porch
    • Has view: Yes
    • View description: Sunrise
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront, Cove, No Wake Area, Riprap Shoreline
    • Body of water: Smith Mtn Lake
    Lot
    • Size: 1.1 Acres
    • Features: Cul-De-Sac, Gentle Sloping, Views
    Details
    • Parcel number: 232 3 16
    • Zoning: PCD

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Other - See Remarks, Wood
    Condition
    • Completed
    • Year built: 1972

    Utilities & green energy

    • Electric: 0 Phase
    • Sewer: Public Sewer
    • Water: Well
    • Utilities for property: Cable Connected, Cable

    Community & HOA

    Community
    • Features: Marina Access, Restaurant
    • Subdivision: Lakeland Pines
    HOA
    • Has HOA: No
    Location
    • Region: Moneta

    Financial & listing details

    • Price per square foot: $436/sqft
    • Tax assessed value: $436,600
    • Annual tax amount: $1,790
    • Date on market: 6/27/2023
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/31/2023Sold$800,000+1.9%$333/sqft
    Source: RVAR #899114 Report a problem
    7/3/2023Pending sale$785,000$327/sqft
    Source: RVAR #899114 Report a problem
    6/27/2023Listed for sale$785,000$327/sqft
    Source: RVAR #899114 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $436,600
    2024$1,790 $436,600
    2023-- $436,600 +16.6%
    2022$1,872 $374,400
    2021$1,872 $374,400
    2020$1,872 -3.8%$374,400
    2019$1,947 -9.5%$374,400 -9.5%
    2018$2,151 $413,700
    2017$2,151 $413,700
    2016$2,151 $413,700
    2015$2,151 +1.4%$413,700 +1.4%
    2014$2,122 +4%$408,000
    2013$2,040 $408,000
    2012$2,040 $408,000
    2011$2,040 -25.2%$408,000 -25.2%
    2010$2,727 $545,300
    2009$2,727 $545,300
    2008$2,727 $545,300
    2007$2,727 +84.6%$545,300 +140%
    2006$1,477 $227,200
    2005$1,477 $227,200
    2004$1,477 $227,200
    Find assessor info on the county website

    Neighborhood: 24121

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Moneta
    • Middle: Staunton River
    • High: Staunton River

    Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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