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Sold for $1,575,000
  • $1,575,000

    45 Compass Cove Cir, Moneta, VA 24121

    6beds
    4,216sqft
    Single Family Residence
    Built in 2004
    0.48 Acres Lot
    $1,812,200 Zestimate®
    $374/sqft
    $4,383 Estimated rent

    Home value

    $1,812,200

    $1.67M - $1.98M

    $4,383/mo

    Zestimate® history
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    What's special

    Waterfront livingLake viewsViews of the mountainsDetached two-car garageWaterfront parcelHuge finished roomMaster suites
    Harnessing the power of the sun, this luxury Smith Mountain Lake home is fully supported by gathered solar power resultingin zero energy costs annually for the current owners. Here, waterfront living is easily afforded and experienced through gracious living spaces both indoors andout. Upon entering, the interior of this remarkable property offers exemplary mountain and lake views looking out from the mouth of a deep water cove and overthe gentle beach at the shoreline that reaches far and wide over clear, clean water. This is true of nearly every room. Three of the five bedrooms in the main houseare master suites boasting those same incredible views. On the main level, the open concept design, cathedral ceiling, and banks of soaring windows create aseamless integration with your environment flowing from the chef's kitchen, dining, living, and office areas out to the massive covered veranda. On the lower level, the split bedroom floor plan is divided by a second generous living area that opens onto a gorgeous stamped concrete-covered patio. The upper and lower levels each have laundry areas. BONUS! The detached two-car garage has a HUGE finished room overtop with ample storage space, a full bath, and VIEWS of the mountains and lake, and it could be used for extra guests, a studio, or a fantastic fitness room. This prestigious and small community, Compass Cove, has a unique layout, every home is waterfront, and the greenspace across the streets is just that, green space, so no additional homes can be built on the off-water on this community-owned land. Conveniently located by land and water. R11-A is notably near the area of the lake where the two major tributaries converge just before Smith Mountain. Lot 51, MLS#897212, The adjacent 0.79-acre lake-facing lot to the left, is available for sale by the same owners. Lot 51, MLS#897212 may be purchased separately or in tandem with 45 Compass Cove CIR and has its own boat dock, too. The combined lots would equate to 1.24 acres in total. Having this adjacent lot could eliminate the need to be able to walk stairs if a guest had any mobility issues. Additionally, the future development possibilities of MLS#897212, Lot 51 Compass Cove CIR are unique unto itself, this is the only lot in the subdivision that could be subdivided into an off-water parcel and a waterfront parcel. A detached guest house could be built, amongst other possibilities. All offers for that include Lot 51 MLS #897212, must be written in two separate purchase agreements and the lot may not close before September 30, 2023. The house located at 45 Compass Cove CIR may close at any agreeable date. Private Remarks: Buyer and buyers agent must confirm all important details. All information is deemed reliable but is not guaranteed. Important - Many furnishings may convey via a separate bill of sale (see documents). The seller reserves the right to take the attached fish sculpture above the fireplace, and once removed, the wall shall be repaired and repainted prior to settlement. The boat dock on lot 51 has no power.

    Zillow last checked:

    Listing updated:

    Listed by:

    MARGARET JEAN CRAYE 540-484-3234,

    EXP REALTY LLC - SML

    Bought with:

    DAWN MICHELLE LAMBERT, 0225224587

    EXP REALTY LLC - SML

    Source: RVAR,MLS#: 897211MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Active Solar, Gas - Propane, Heat Pump Electric
    Cooling
    • Heat Pump Electric
    Appliances
    • Included: Dryer, Washer, Dishwasher, Gas Range, Range Hood, Refrigerator
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
    • Doors: Full View, Sliding Doors
    • Windows: Insulated Windows, Storm Window(s)
    • Has basement: Yes
    • Number of fireplaces: 2
    • Fireplace features: Den, Family Room, Gas Log
    Interior area
    • Total structure area: 4,216
    • Total interior livable area: 4,216 sqft
    • Finished area above ground: 2,463
    • Finished area below ground: 1,753

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Paved, Off Street
    • Has garage: Yes
    • Covered spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch
    • Has view: Yes
    • View description: Sunrise, Sunset
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront, Cove, Main Channel, Riprap Shoreline
    • Body of water: Smith Mtn Lake
    Lot
    • Size: 0.48 Acres
    • Features: Cul-De-Sac, Sloped Down, Gentle Sloping
    Details
    • Parcel number: 0481405000
    • Zoning: R1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type
    Condition
    • Completed
    • Year built: 2004

    Utilities & green energy

    • Electric: 1 Phase
    • Utilities for property: Cable Connected, Cable
    Green energy
    • Energy efficient items: Passive Solar Heat

    Community & neighborhood

    Community
    • Community features: Marina Access, Golf
    Location
    • Region: Moneta
    • Subdivision: Compass Cove

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $400 annually

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/18/2023Sold$1,575,000-7.3%$374/sqft
    Source: RVAR #897211 Report a problem
    8/21/2023Pending sale$1,699,900$403/sqft
    Source: RVAR #897211 Report a problem
    7/3/2023Price change$1,699,900-2.9%$403/sqft
    Source: RVAR #897211 Report a problem
    4/6/2023Listed for sale$1,750,000+86.7%$415/sqft
    Source: RVAR #897211 Report a problem
    12/12/2008Sold$937,500$222/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,680 $1,553,600
    2024$6,680 +44.1%$1,553,600 +100.6%
    2023$4,637 -1.9%$774,500
    2022$4,724 +0%$774,500
    2021$4,724 $774,500
    2020$4,724 +3.4%$774,500 +3.4%
    2019$4,569 $749,000
    2018$4,569 $749,000 -1.1%
    2017$4,569 +10.9%$757,300
    2016$4,120 $757,300
    2015$4,120 +0.7%$757,300
    2014$4,089 --
    2013$4,089 $757,300
    2012-- --
    2011-- --
    2010-- --

    Find assessor info on the county website

    Neighborhood: 24121

    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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