Centrally located waterfront opportunity at Smith Mountain Lake offering wide water views and good deeper water the established Lakewood Forest community. Situated on a large corner lot of approximately 1 acre. this ranch-style home offers over 3,200 finished square feet with a flexible layout ideal for renovation and customization. The septic system was replaced in 2021 with a new 3 bedroom. The main level features spacious living areas, an eat-in kitchen, sunroom overlooking the lake, and entry-level bedrooms, while the lower level offers additional living space, guest accommodations, and a lower sunroom with Vermont Casting free-standing gas logs. Detached garage plus an additional carport provide ample covered parking. Enjoy the private gazebo, partial sandy beach area along the waterfront -- a rare feature on the Lake, and a dock structure ready for updating to today's standards. Community amenities include a picnic shelter and boat ramp. Convenient central SML location close to restaurants, shopping, marinas, and lake activities. Community Water. Property presents an excellent opportunity for buyers looking to renovate and create a personalized waterfront retreat or investment property.
For sale
$750,000
3222 Lakewood Forest Rd, Moneta, VA 24121
3beds
3,264sqft
Single Family Residence
Built in 1993
0.97 Acres Lot
$727,500 Zestimate®
$230/sqft
$-- HOA
What's special
Ranch-style homePrivate gazeboGuest accommodationsWide water viewsEntry-level bedroomsEat-in kitchenSunroom overlooking the lake
- 41 days |
- 3,678 |
- 195 |
Zillow last checked:
Listing updated:
Listed by:
DAWN MICHELLE LAMBERT 540-882-4119,
EXP REALTY LLC - SML
Source: RVAR,MLS#: 927616
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: E
Bedroom 2
- Level: E
Bedroom 3
- Level: L
Eat in kitchen
- Level: E
Family room
- Level: L
Kitchen
- Level: L
Laundry
- Level: L
Living room
- Level: E
Sun room
- Level: E
Sun room
- Level: L
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric, Other - See Remarks
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
Features
- Breakfast Area
- Flooring: Carpet, Laminate, Vinyl
- Doors: Sliding Doors
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 3,264
- Total interior livable area: 3,264 sqft
- Finished area above ground: 1,632
- Finished area below ground: 1,632
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached, Paved
- Has garage: Yes
- Covered spaces: 3
Features
- Patio & porch: Front Porch
- Exterior features: Garden Space, Sunroom, Maint-Free Exterior
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Waterfront, Cove
- Body of water: Smith Mtn Lake
Lot
- Size: 0.97 Acres
- Features: Cleared, Varied
Details
- Additional structures: Gazebo
- Parcel number: 031 01096 00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl
Condition
- Completed
- Year built: 1993
Utilities & green energy
- Electric: 0 Phase
Community & HOA
Community
- Features: Golf
- Subdivision: Lakewood Forest
HOA
- Has HOA: No
Location
- Region: Moneta
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $632,200
- Annual tax amount: $2,718
- Date on market: 5/21/2026
- Road surface type: Paved
Estimated market value
$727,500
$691,000 - $764,000
$3,244/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $750,000$230/sqft |
Source:  RVAR #927616 Report a problem | ||
| 5/28/2026 | Pending sale | $750,000$230/sqft |
Source: RVAR #927616 Report a problem | ||
| 5/21/2026 | Listed for sale | $750,000+150%$230/sqft |
Source: RVAR #927616 Report a problem | ||
| 7/30/2001 | Sold | $300,000$92/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,718 | $632,200 |
| 2024 | $2,718 -12.5% | $632,200 +24.1% |
| 2023 | $3,108 | $509,500 |
| 2022 | $3,108 +0% | $509,500 |
| 2021 | $3,108 | $509,500 |
| 2020 | $3,108 +4.8% | $509,500 +4.8% |
| 2019 | $2,965 | $486,000 |
| 2018 | $2,965 | $486,000 -1.2% |
| 2017 | $2,965 +10.9% | $491,800 |
| 2016 | $2,673 | $491,800 |
| 2015 | $2,673 +0.7% | $491,800 |
| 2014 | $2,656 | -- |
| 2013 | $2,656 | $491,800 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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Climate risks
Neighborhood: 24121
Nearby schools
GreatSchools rating
- 6/10Dudley Elementary SchoolGrades: PK-5Distance: 5.7 mi
- 7/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 14.2 mi
- 4/10Franklin County High SchoolGrades: 9-12Distance: 14.4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Virginia
- Franklin County
- Moneta
- 24121
- 3222 Lakewood Forest Rd
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