TURNKEY, income-producing waterfront INVESTMENT generating up to ~$93,000 annually, with a fully booked 2026 summer season already in place--an exceptional opportunity you have been waiting for! This like-new custom home offers the IDEAL VACATION RENTAL layout with three private master suites, delivering both comfort and strong guest appeal. Sold fully furnished and completely turnkey, this property allows for IMMEDIATE INCOME from day one--no setup, no downtime. Designed for both performance and experience, the home features a heated saltwater POOL, 8-person HOT TUB, and an APCO-permitted DEEP WATER DOCK, all set within a QUIET, protected COVE that offers privacy while remaining close to dining, entertainment, and the summer energy of Mitchell's Point. Inside, you'll find the warmth and character today's lake renters seek--hickory flooring, knotty wood doors, cathedral ceilings, expansive windows, and inviting gathering spaces including a sunroom and spacious dining area. The open layout flows seamlessly to outdoor living, creating an environment centered around connection, relaxation, and repeat visits. With a proven rental history, returning guests, and strong annual performance, this property has been thoughtfully designed and maintained to maximize both enjoyment and income. Features such as a whole-house sound system (including poolside), low-voltage security system, tankless water heater, water softener, Advantex septic system, and custom stone firepit with patio further enhance its appeal and ease of ownership. Whether you are seeking a high-performing investment, a private lake retreat, or both, this property delivers a rare combination of INCOME, LIFESTYLE, and LONGTERM VALUE. Opportunities with this level of established income, turnkey condition, and secured forward bookings at Smith Mountain Lake are limited--and typically claimed quickly once identified!
36 days
|
1,529
|
69
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Zillow last checked:
Listing updated:
Listed by:
JADA A. TURNER540-263-0202,
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE540-721-8659
Source: RVAR,MLS#: 928966
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Primary bedroom
Level: E
Bedroom 2
Level: E
Bedroom 3
Level: L
Bedroom 4
Level: L
Dining area
Level: E
Family room
Level: L
Foyer
Level: E
Kitchen
Level: E
Laundry
Level: E
Living room
Level: E
Sun room
Level: E
Other
Level: L
Heating
Heat Pump Electric
Cooling
Heat Pump Electric
Appliances
Included: Dryer, Washer, Dishwasher, Microwave, Gas Range, Range Hood, Refrigerator
Features
Breakfast Area
Flooring: Carpet, Ceramic Tile, Wood
Doors: Sliding Doors, Wood
Windows: Insulated Windows, Screens, Bay Window(s)
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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