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Sold for $499,900
  • $499,900

    55 Park Way Ave, Moneta, VA 24121

    3beds
    1,753sqft
    Single Family Residence
    Built in 2008
    0.7 Acres Lot
    $551,100 Zestimate®
    $285/sqft
    $2,455 Estimated rent

    Home value

    $551,100

    $524,000 - $579,000

    $2,455/mo

    Zestimate® history
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    What's special

    Refreshing poolBeach areaFine diningMultiple golf coursesUpdated lighting fixturesFishing pierLow maintenance
    Welcome to the most idyllic community just outside your doorstep, where every day feels like a vacation. Here's what life could look like at this quality-built, maintenance-free, hidden gem. Step out of your front door onto the perfectly flat grassy yard, where you'll meet your friendly neighbors enjoying walks, jogs, or bike rides.This 3BR, 2.5BA, 1753 sqft home is strategically situated on a perfectly flat 0.7-acre lot near a wealth of amenities by both land and lake. You'll be within walking distance of Smith Mountain Lake Community Park (just 1.4 miles away) with its beach area, fishing pier, picnic spots, playground, and hiking trails. Multiple marinas (approx. 3 miles away) offer leaseable slip rentals, and then there is also convenient, free access to Scruggs #8 Boat Ramp/Launch (just 4.9 miles away), making it easy to spend a day on the water. Your new home is an updated contemporary ranch offering convenient one-level living and minimal thresholds for entry. The open floor plan feels spacious and is ideal for hosting guests and sharing stories about how you discovered this hidden East Coast treasure - Smith Mountain Lake. This home has been lovingly cared for, with many recent upgrades to enhance your living experience. The HVAC system was replaced in 2022, ensuring year-round comfort. The driveway has been expanded and resurfaced for convenience and durability. Additionally, the back deck has been expanded and resurfaced with Trex composite decking and PVC composite railings, offering a low-maintenance outdoor space to enjoy. Other upgrades include fresh and neutral paint colors, updated lighting fixtures and cabinet hardware, low maintenance, well-kept landscaping, and more. Backyard fencing has been approved by The Lake Place Homeowners Association for 55 Park Way Ave, should you desire it. Local Delights: Convenience meets indulgence with nearby restaurants, local wineries, multiple golf courses, a movie theater, grocery stores, shopping centers, boat rentals, specialty medical care, and hiking trails that grant access to the Appalachian Trail. Plus, you're centrally located between Roanoke and Lynchburg, with easy access to the Blue Ridge Parkway. For an elevated lifestyle, consider joining one of the many local golf or country clubs (just a few miles away). Enjoy golf, tennis, pickleball, a refreshing pool, a fitness room, fine dining, and a cocktail lounge. This area has a lively social scene boasting fantastic events throughout the season, providing endless opportunities to meet new friends. Embrace the serenity of the lake and the energy of a close-knit community at Smith Mountain Lake. Don't miss out on this unique opportunity to live in a community where every day is an adventure. The Lake Place Homeowners Association costs approximately $50 per year and offers very liveable protective covenants and bylaws that ensure the beauty of the area.

    Zillow last checked:

    Listing updated:

    Listed by:

    MARGARET JEAN CRAYE 540-484-3234,

    EXP REALTY LLC - SML

    Bought with:

    Chris L Jones

    MKB, REALTORS(r)

    Source: RVAR,MLS#: 901588MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump Electric
    Cooling
    • Heat Pump Electric
    Appliances
    • Included: Dryer, Washer, Dishwasher, Microwave, Electric Range, Refrigerator
    Features
    • Breakfast Area
    • Flooring: Carpet, Ceramic Tile, Wood
    • Doors: Insulated, Sliding Doors
    • Windows: Insulated Windows, Bay Window(s)
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Living Room
    Interior area
    • Total structure area: 1,753
    • Total interior livable area: 1,753 sqft
    • Finished area above ground: 1,753

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Paved, Garage Door Opener
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    • Exterior features: Garden Space, Maint-Free Exterior
    • Has view: Yes
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Water Access Only
    • Body of water: Smith Mtn Lake
    Lot
    • Size: 0.7 Acres
    • Features: Cleared, Level
    Details
    • Parcel number: 0321200400
    • Zoning: A1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, HardiPlank Type
    Condition
    • Completed
    • Year built: 2008

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Beach Access, Golf
    • Subdivision: The Lake Place
    HOA
    • Has HOA: Yes
    • HOA fee: $50 annually
    Location
    • Region: Moneta

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $486,300
    • Annual tax amount: $1,582
    • Date on market: 9/20/2023
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/8/2023Sold$499,900$285/sqft
    Source: RVAR #901588 Report a problem
    9/21/2023Pending sale$499,900$285/sqft
    Source: RVAR #901588 Report a problem
    9/20/2023Listed for sale$499,900+61.3%$285/sqft
    Source: RVAR #901588 Report a problem
    7/31/2020Sold$310,000+3.4%$177/sqft
    Source: RVAR #870842 Report a problem
    7/6/2020Pending sale$299,900$171/sqft
    Source: Smith Mountain Lake Real Estate #870842 Report a problem
    6/30/2020Listed for sale$299,900+30.4%$171/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #870842 Report a problem
    8/29/2014Sold$230,000-3.7%$131/sqft
    Source: RVAR #806048 Report a problem
    7/10/2014Price change$238,900-2.4%$136/sqft
    Source: Mountain to Lake Realty #799926 Report a problem
    1/17/2014Listed for sale$244,900+16.6%$140/sqft
    Source: Mountain to Lake Realty #799926 Report a problem
    8/25/2011Sold$210,000$120/sqft
    Source: LMLS #267417 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,091 $486,300
    2024$2,091 +32.1%$486,300 +87.4%
    2023$1,583 $259,500
    2022$1,583 +0%$259,500
    2021$1,583 $259,500
    2020$1,583 +2.4%$259,500 +2.4%
    2019$1,546 $253,400
    2018$1,546 $253,400 -1.6%
    2017$1,546 +10.9%$257,500
    2016$1,394 $257,500
    2015$1,394 +0.2%$257,500
    2014$1,391 --
    2013$1,391 $257,500
    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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    $551,100
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