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For sale
  • Price cut: $150K (4/27)
    $1,745,000

    232 Peninsula Dr, Moneta, VA 24121

    3beds
    1,960sqft
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    Single Family Residence
    Built in 1977
    2.1 Acres Lot
    $1,638,400 Zestimate®
    $890/sqft
    $-- HOA

    What's special

    Stone fireplaceDistinctive floor planStunning long-water viewsSpacious lakeside decksPrivate primary suite
    This exceptional Smith Mountain Lake property offers over 2 acres across two adjoining parcels and more than 700 feet of waterfront with stunning long-water views. Nestled in a private cove just off the main channel, it provides the perfect balance of seclusion and convenience. Enjoy breathtaking lake vistas from the screened porch and spacious lakeside decks. Inside, you'll find a stone fireplace, a private primary suite, and guest suites with separate courtyard access for added privacy. A gentle walkway leads to the dock, featuring two boat lifts, storage, an oversized platform, and a stationary dock. Located in The Waterfront Country Club, just minutes from shopping, dining, and cultural attractions, this property delivers the ideal combination of luxury, location, and lakefront living. Welcome to this lakefront home in The Waterfront Country Club, offering a distinctive floor plan and the privacy of two adjoining parcels totaling over 2 acres with more than 700 feet of waterfront and expansive long water views. Located just off the main channel in a quiet cove, this home delivers spectacular views from the screened porch and lakeside decks. The stone fireplace anchors the living area. The primary suite is separated from the guest accommodations, with guest bedroom suites positioned in the courtyard for added privacy. A stone walkway leads to the boat dock, set on a gentle-sloped lot for easy water access. The stone walk way to the dock transvers the gentle slope and you will find a oversize double dock with large stationary. Ask LA about Membership to the WFCC. Check Doc ## Highlights Golf at The Waterfront Country Club In addition to the hundreds of Smith Mountain Lake waterfront and off-water real estate options here, many of the homes offer residents the opportunity to be situated on or very near the country club's recreational amenities. The golf course at The Waterfront is a nearly 7,000-yard community highlight built by George Dillon of the Fazio Group in 1984. The 18-hole PGA Championship course was the first course established at Smith Mountain Lake. It follows a distinctive layout across the hilly topography of the land making for a stimulating experience round after round, challenging for the advanced player yet playable for those with a higher handicap. The Waterfront course is a place where players can sharpen their golf game in the most beautiful of settings and alongside friendly course staff and fellow members. Members enjoy access to onsite golf professionals, driving range and regular competitions, events and groups. Amenities at The Waterfront Country Club The Waterfront's 22,000 square foot country club provides a welcoming community center with a variety of lifestyle enhancements. The pro shop, state-of-the-art fitness center, 19th Hole Lounge, locker rooms, banquet center and fine dining restaurant perfectly complement the classic yet casual character of the community. Improve your tennis game at one of the two outdoor tennis courts or spend leisurely summer days by the junior Olympic sized outdoor pool. All this with access to the exciting recreational and relaxing opportunities on Smith Mountain Lake too. You'll love living at this exceptional Smith Mountain Lake real estate development - The Waterfront Country Club.
    107 days
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    446
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    19
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    Zillow last checked:

    Listing updated:

    Listed by:

    DEBORAH F BERAN 540-529-4229,

    DEB BERAN PROPERTIES 540-721-1488

    Source: RVAR,MLS#: 925758MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: U
      Bedroom 2
      • Level: E
      Bedroom 3
      • Level: E
      Bedroom 4
      • Level: E
      Dining room
      • Level: E
      Living room
      • Level: E
      Heating
      • Heat Pump Electric
      Cooling
      • Heat Pump Electric
      Appliances
      • Included: Dryer, Washer, Dishwasher, Electric Range, Refrigerator
      Features
      • Flooring: Carpet, Ceramic Tile, Wood
      • Doors: Full View
      • Windows: Insulated Windows
      • Has basement: Yes
      • Number of fireplaces: 1
      • Fireplace features: Gas Log, Great Room
      Interior area
      • Total structure area: 1,960
      • Total interior livable area: 1,960 sqft
      • Finished area above ground: 1,960
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Open
      • Uncovered spaces: 8
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Deck
      • Has water view: Yes
      • Water view: Lake
      • On waterfront: Yes
      • Waterfront features: Waterfront, Cove, Point
      • Body of water: Smith Mtn Lake
      Lot
      • Size: 2.1 Acres
      • Features: Cul-De-Sac, Gentle Sloping, Views
      Details
      • Parcel number: 030 02039 00
      • Zoning: RPD

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type
      Condition
      • Completed
      • Year built: 1977

      Utilities & green energy

      • Electric: 0 Phase
      • Utilities for property: Cable Connected, Cable

      Community & HOA

      Community
      • Features: Golf
      • Subdivision: The Waterfront
      HOA
      • Has HOA: No
      Location
      • Region: Moneta

      Financial & listing details

      • Price per square foot: $890/sqft
      • Tax assessed value: $1,180,300
      • Annual tax amount: $5,398
      • Date on market: 4/4/2026

        Estimated market value

        $1,638,400

        $1.56M - $1.72M

        $2,805/mo

        Price history

        DateEventPrice
        4/27/2026Price change$1,745,000-7.9%$890/sqft
        Source: RVAR #925758 Report a problem
        4/4/2026Listed for sale$1,895,000$967/sqft
        Source: RVAR #925758 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,075 $1,180,300
        2024$5,075 +8.5%$1,180,300 +54%
        2023$4,676 $766,600
        2022$4,676 $766,600
        2021$4,676 $766,600
        2020$4,676 +0.7%$766,600 +0.7%
        2019$4,646 $761,600
        2018$4,646 $761,600 +1%
        2017$4,646 +10.9%$754,100
        2016$4,189 $754,100
        2015$4,189 +2.9%$754,100
        2014$4,072 --
        2013$4,072 $754,100
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 24121

        Getting around

        0 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dudley
        • Middle: Ben Franklin Middle
        • High: Franklin County

        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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