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Sold for $3,400,000
  • $3,400,000

    549 Island Pointe Ln, Moneta, VA 24121

    4beds
    6,596sqft
    Single Family Residence
    Built in 2015
    1.11 Acres Lot
    $3,559,500 Zestimate®
    $515/sqft
    $7,480 Estimated rent

    Home value

    $3,559,500

    $2.60M - $4.88M

    $7,480/mo

    Zestimate® history
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    What's special

    Professionally landscaped point lotFamily roomPrivate patio accessWalk-out lower levelFunctional luxuryBonus roomKeg dispenser
    Welcome to Waverly, one of the most desirable neighborhoods at Smith Mountain Lake. Home completed in 2015. This exceptional 6,596-square-foot custom home has been very gently lived in & presents like brand-new construction. Perched on a stunning 1.1-acre professionally landscaped point lot, the property boasts 250 feet of lakefront w/ wooded lake views from the home, & expansive, panoramic lake views from the double dock w/ its oversized covered deck--perfect for relaxation or entertaining. Inside, the home blends elegant design with functional luxury. You'll find 4 spacious bedrooms, 4 full bathrooms, 1 half bath, & a gourmet kitchen, an oversized island, & a butler's pantry (has a wine cooler) to simplify hosting. The hearth room, w/ propane gas logs, opens onto a cozy screened porch. The screen porch has a propane hook up for the grill that means you never run out of gas while cooking on the grill. The entry level also includes a dining area, living room, mudroom off the three-car over size garage, & a primary suite with walk-in closets and a spa-like ensuite (heated flooring in shower), there is a lakeside screen porch. The entry level hardwood is distressed maple. Upstairs, two generously sized ensuite guest rooms and a bonus room (currently used as an exercise/playroom) the hallway connecting bedrooms and bonus room overlook the main living space below, allowing natural light to flow freely throughout. The walk-out lower level features a fourth bedroom with ensuite and a private patio access plumbed for a future hot tub, study, billiards area, family room, walk out to a lakeside stone patio, kitchenette, wine cellar, keg Dispenser, ice maker and small refrigerator and two large storage rooms (2 tankless water heaters are located as well as Air handlers). The lower level is a perfect space for guests or multigenerational living. The flooring is engineered hardwood to handle any wet feet that may come in from the lake. Expansive windows (Marvin) and thoughtfully designed outdoor living areas seamlessly connect the home to its tranquil surroundings. LED landscape lighting, irrigation, and lush grounds enhance the property's curb appeal. A gentle slope leads to the lake and your private double dock with two watercraft lifts a rare combination of seclusion and spectacular views. Waverly offers more than a stunning home it offers a lifestyle. Stroll peaceful walking trails beneath towering trees, socialize at the clubhouse, swim in the lakeside pool, or play a match on the tennis courts. Established in 1989, Waverly is home to around 100 custom residences. Nearby, enjoy the Smith Mountain Lake Community Park with trails, a fishing pier, and sandy beach. Just minutes away, the Westlake Shopping Center provides convenient dining, shopping, and everyday essentials. For lakeside fun, visit Bridgewater Plaza for restaurants, boutique shops, putt-putt golf, and boat rentals. Golf enthusiasts will appreciate proximity to The Waterfront Country Club, the area's oldest and most active club. Golf, tennis, swimming, fitness, and year-round social events await members of all ages and lifestyles. Ask listing agent about membership possibilities. And when you're ready for a taste of city life, Roanoke is just a 50-minute drive offering cultural attractions, restaurants, and more. This custom-built home was built by renowned builder Bob Bauer Building Contractors

    Zillow last checked:

    Listing updated:

    Listed by:

    DEBORAH F BERAN 540-529-4229,

    DEB BERAN PROPERTIES

    Bought with:

    WIL CHILDRESS, 0225189859

    LAKE RETREAT PROPERTIES INC.

    Source: RVAR,MLS#: 917041MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Primary bedroom
    • Description: Luxury primary suite separte from living space with a private screen porch
    • Level: E
    Bedroom 2
    • Description: ensuite
    • Level: U
    Bedroom 3
    • Description: ensuite
    • Level: U
    Bedroom 4
    • Description: ensuite also has a private patio
    • Level: L
    Den
    • Description: The hearth room is located just off the kitchen where guest can relax as you prepare dinner
    • Level: E
    Dining area
    • Level: E
    Family room
    • Description: opens onto large lakeside patio
    • Level: L
    Foyer
    • Description: Welcoming space
    • Level: E
    Kitchen
    • Description: spacious kitchen with oversize island and butler pantry nearby
    • Level: E
    Laundry
    • Description: convenient to the kitchen
    • Level: E
    Living room
    • Description: Propane gas log fireplace
    • Level: E
    Mud room
    • Description: Conveniently located off the garage
    • Level: E
    Office
    • Level: L
    Recreation room
    • Description: Bonus room overthe garage currenlty being used as an excercise room and Grands play area
    • Level: U
    Other
    • Description: large storage area could easily be used as a work shop
    • Level: L
    Heating
    • Heat Pump Electric, Zoned
    Cooling
    • Heat Pump Electric, Zoned
    Appliances
    • Included: Dryer, Washer, Dishwasher, Microwave, Gas Range, Refrigerator, Oven
    Features
    • Breakfast Area, Storage
    • Flooring: Carpet, Ceramic Tile, Wood
    • Doors: Insulated
    • Windows: Insulated Windows
    • Has basement: Yes
    • Number of fireplaces: 2
    • Fireplace features: Den, Gas Log, Living Room
    Interior area
    • Total structure area: 7,518
    • Total interior livable area: 6,596 sqft
    • Finished area above ground: 4,444
    • Finished area below ground: 2,152

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Paved, Garage Door Opener
    • Has attached garage: Yes
    • Covered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Other - See Remarks
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront, Point, Riprap Shoreline, Southern Exposure
    • Body of water: Smith Mtn Lake
    Lot
    • Size: 1.11 Acres
    • Features: Gentle Sloping, Views
    Details
    • Parcel number: 0481007800
    • Zoning: R1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood
    Condition
    • Completed
    • Year built: 2015

    Utilities & green energy

    • Electric: 0 Phase
    • Utilities for property: Cable Connected, Underground Utilities, Cable

    Community & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Pool
    Location
    • Region: Moneta
    • Subdivision: Waverly

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,876 annually

    Price history

    DateEventPrice
    7/31/2025Sold$3,400,000+0.7%$515/sqft
    Source: RVAR #917041 Report a problem
    5/20/2025Pending sale$3,375,000$512/sqft
    Source: RVAR #917041 Report a problem
    5/16/2025Listed for sale$3,375,000+462.5%$512/sqft
    Source: RVAR #917041 Report a problem
    1/6/2012Sold$600,000$91/sqft
    Source: RVAR #769544 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,277 $2,390,000
    2024$10,277 +10.8%$2,390,000 +57.2%
    2023$9,274 $1,520,400
    2022$9,274 $1,520,400
    2021$9,274 $1,520,400
    2020$9,274 +26%$1,520,400 +26%
    2019$7,363 $1,207,000
    2018$7,363 $1,207,000 -12.3%
    2017$7,363 +10.9%$1,375,800
    2016$6,639 $1,375,800 +0.2%
    2015$6,639 $1,372,800

    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.

    Sell for more on Zillow
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    $3,559,500
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    +$71,190
    With Zillow Showcase(estimated)
    $3,630,690