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For sale
  • Price cut: $61K (7/7)
    $1,199,969

    269 Key Lakewood Dr, Moneta, VA 24121

    3beds
    2,376sqft
    : 
    $6,646/mo
    Get pre-qualified
    Single Family Residence
    Built in 1978
    0.56 Acres Lot
    $1,133,800 Zestimate®
    $505/sqft
    $-- HOA

    What's special

    Exceptional waterfront propertyGentle level lotThree bedroomsVersatile flex spaceDedicated office space
    Nestled on the highly sought after Blackwater section in Franklin County, this property offers a rare combination of a gentle, level lot and breathtaking million-dollar views stretching across sparkling open water.Ideally situated on the main channel at marker B10, this exceptional waterfront property provides some of the most sought after boating and lakefront access available. Enjoy unobstructed views of the lake, front row seats to the ever-changing beauty of life on the water.Beautifully landscaped and meticulously maintained, the grounds create a stunning backdrop for lakeside living. Whether you're enjoying your morning coffee, entertaining guests, or simply taking in the sunset, the views of this property are unforgettable. Adding to the property's exceptional appeal is an oversized grandfathered dock situated in deep water-an increasingly rare and highly desirable feature on Smith Mountain Lake. Deep water access provides excellent boating opportunities year-round giving peace of mind during seasonal water fluctuations. Combined with a level lot, main channel location, this premium waterfront setup is difficult to find and highly sought after. This home features three bedrooms, two full baths, a dedicated office space, a versatile flex space, this home is perfect for entertaining. Large windows on facing the lake fill the living areas with lots of natural light, ensuring the lake remains the focal point. Properties offering a level lot, main channel location, deep water, an oversized dock are becoming increasingly rare. This property presents an extraordinary opportunity to own a premier piece of Smith Mountain Lake.
    38 days
    |
    1,073
    |
    53
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    LISA M MARTIN 540-769-7555,

    LISA & CO., REALTORS(r) 540-769-7555

    Source: RVAR,MLS#: 928775MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Electric Range, Refrigerator
      Features
      • Flooring: Carpet, Ceramic Tile
      • Has basement: No
      • Number of fireplaces: 3
      Interior area
      • Total structure area: 2,376
      • Total interior livable area: 2,376 sqft
      • Finished area above ground: 2,376
      Video & virtual tour

      Property

      Parking
      • Parking features: Attached Carport
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • Has water view: Yes
      • Water view: Lake
      • On waterfront: Yes
      • Waterfront features: Waterfront, Main Channel
      • Body of water: Smith Mtn Lake
      Lot
      • Size: 0.56 Acres
      • Features: Level, Views
      Details
      • Parcel number: 048 01029 00

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Vinyl
      Condition
      • Completed
      • Year built: 1978

      Utilities & green energy

      • Electric: 7 Phase
      • Water: Community System

      Community & HOA

      Community
      • Subdivision: Key Lakewood
      HOA
      • Has HOA: No
      Location
      • Region: Moneta

      Financial & listing details

      • Price per square foot: $505/sqft
      • Tax assessed value: $895,300
      • Annual tax amount: $6,986
      • Date on market: 6/26/2026

        Estimated market value

        $1,133,800

        $1.08M - $1.19M

        $2,615/mo

        Price history

        DateEventPrice
        7/7/2026Price change$1,199,969-4.8%$505/sqft
        Source: RVAR #928775 Report a problem
        6/26/2026Listed for sale$1,260,996+17.3%$531/sqft
        Source: RVAR #928775 Report a problem
        9/29/2024Listing removed$1,075,000$452/sqft
        Source: RVAR #907974 Report a problem
        9/20/2024Price change$1,075,000-4.4%$452/sqft
        Source: RVAR #907974 Report a problem
        6/22/2024Price change$1,125,000-2.2%$473/sqft
        Source: RVAR #907974 Report a problem
        5/28/2024Listed for sale$1,150,000$484/sqft
        Source: RVAR #907974 Report a problem
        2/21/2024Listing removed--
        Source: RVAR #900339 Report a problem
        2/5/2024Pending sale$1,150,000$484/sqft
        Source: RVAR #900339 Report a problem
        1/23/2024Listed for sale$1,150,000$484/sqft
        Source: RVAR #900339 Report a problem
        11/19/2023Pending sale$1,150,000$484/sqft
        Source: RVAR #900339 Report a problem
        9/22/2023Price change$1,150,000-4.2%$484/sqft
        Source: RVAR #900339 Report a problem
        9/1/2023Price change$1,200,000-5.9%$505/sqft
        Source: RVAR #900339 Report a problem
        8/1/2023Listed for sale$1,275,000+104%$537/sqft
        Source: RVAR #900339 Report a problem
        1/11/2013Listing removed$625,000$263/sqft
        Source: Lake and Land Realty Report a problem
        8/1/2012Listed for sale$625,000+662.2%$263/sqft
        Source: Lake & Land Realty #783983 Report a problem
        10/4/2001Sold$82,000$35/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,850 -16.8%$895,300 -16.8%
        2024$4,629 +32.8%$1,076,500 +88.4%
        2023$3,485 $571,300
        2022$3,485 +0%$571,300
        2021$3,485 $571,300
        2020$3,485 +4.2%$571,300 +4.2%
        2019$3,345 $548,400
        2018$3,345 $548,400 -1.2%
        2017$3,345 +10.9%$554,800
        2016$3,016 $554,800
        2015$3,016 +0.7%$554,800
        2014$2,996 --
        2013$2,996 $554,800
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 24121

        Getting around

        0 / 100
        Car-Dependent
        20 / 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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