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!
Lot/land
$579,000
26 Compass Cove Cir, Moneta, VA 24121
--beds
0baths
0.68Acres
Unimproved Land
Built in ----
0.68 Acres Lot
$-- Zestimate®
$--/sqft
$33/mo HOA
What's special
Rare waterfront lots availableGently sloping lot
- 16 days
- 464
- 18
Zillow last checked:
Listing updated:
Listed by:
JIM SINGLETON 540-493-7253,
BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC 540-493-7253
Source: RVAR,MLS#: 931046
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Lake, Sunrise
- Has water view: Yes
- Water view: Lake
- Waterfront features: Cove, No Wake Area, Riprap Shoreline
- Body of water: Smith Mtn Lake
Lot
- Size: 0.68 Acres
- Features: Gentle Sloping
Details
- Parcel number: 048 14026 00
Utilities & green energy
- Electric: Below Ground
- Sewer: Private Septic
- Water: Public
Community & HOA
Community
- Subdivision: Compass Cove
HOA
- Has HOA: Yes
- HOA fee: $400 annually
Location
- Region: Moneta
Financial & listing details
- Annual tax amount: $1,053
- Date on market: 9/3/2026
- Cumulative days on market: 18 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $579,000+169.3% |
Source: | ||
| 10/17/2014 | Sold | $215,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 24121
Nearby schools
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.





