Great Value in a desirable lake-access community offering spacious room on every level & Deeded Boat Slip! The kitchen has recently been updated with new granite countertops and refreshed finishes, creating a bright and functional space for everyday living and entertaining. Additional updates include improvements to the bathrooms, updated light fixtures, and fresh painting updates. The home is decorated as a 5-bedroom layout, providing flexibility for guests, home office space, or recreation needs.The upper level features an open loft area along with two bedrooms and a full bath, while the finished lower level offers a comfortable family room, an additional bedroom, and a full bath Bedrooms and bathrooms are thoughtfully located on every level to accommodate family and visitors.... Outdoor living is just as appealing, with a large rear deck offering seasonal filtered lake views and plenty of space for relaxing or gathering with friends. This property also includes exceptional storage and parking with an attached two-car garage plus an additional attached garage designed to accommodate another vehicle, RV, or boat and trailer. Located in a great community with lake access, the property includes assigned boat slip #9 at the on-site marina, making it easy to enjoy all that lake living has to offer. Two-zone high-efficiency Carrier heat pumps provide year-round comfort and efficiency. Convenient location to either Westlake or to Roanoke.
For sale
Price cut: $30K (9/2)
$650,000
55 Walnut Trace Dr, Hardy, VA 24101
5beds
3,055sqft
Single Family Residence
Built in 1996
1.69 Acres Lot
$638,300 Zestimate®
$213/sqft
$6/mo HOA
What's special
Open loft areaAttached two-car garageFresh painting updatesUpdated light fixtures
- 136 days
- 529
- 25
Zillow last checked:
Listing updated:
Listed by:
DAWN MICHELLE LAMBERT 540-882-4119,
EXP REALTY LLC - SML 703-665-3362
Source: RVAR,MLS#: 926672
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Entry
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Lower
Bedroom 5
- Level: Lower
Other
- Level: Upper
Other
- Level: Entry
Den
- Level: Upper
Dining room
- Level: Entry
Foyer
- Level: Entry
Great room
- Level: Lower
Kitchen
- Level: Entry
Laundry
- Level: Entry
Living room
- Level: Entry
Mud room
- Level: Entry
Other
- Level: Lower
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Features
- Cathedral Ceiling(s), Other, Storage, Central Vacuum, Wired for Data
- Flooring: Carpet, Tile, Wood
- Doors: Full View, Sliding Doors
- Windows: Insulated Windows, Low-Emissivity Windows, Screens
- Basement: Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Great Room, Gas Log
Interior area
- Total structure area: 3,267
- Total interior livable area: 3,055 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Paved Driveway, Garage Door Opener
- Has garage: Yes
- Carport spaces: 1
- Covered spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered Porch, Deck, Patio
- Has view: Yes
- View description: Sunrise, Sunset
- Body of water: Smith Mtn Lake
Lot
- Size: 1.69 Acres
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 003 01077 00
- Other equipment: Intercom
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Synthetic Stucco, Stone, Wood Siding
Condition
- Year built: 1996
Utilities & green energy
- Sewer: Private Septic
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Marina Access
- Subdivision: Walnut Run
HOA
- Has HOA: Yes
- HOA fee: $75 annually
Location
- Region: Hardy
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $609,700
- Annual tax amount: $2,622
- Date on market: 4/22/2026
- Cumulative days on market: 137 days
Estimated market value
$638,300
$606,000 - $670,000
$3,183/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $650,000-4.4%$213/sqft |
Source: | ||
| 7/7/2026 | Price change | $680,000-2.7%$223/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $699,000+125.8%$229/sqft |
Source: | ||
| 7/8/2016 | Sold | $309,500-6.2%$101/sqft |
Source: | ||
| 6/11/2016 | Pending sale | $329,900$108/sqft |
Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #812650 Report a problem | ||
| 3/16/2015 | Listed for sale | $329,900+0.3%$108/sqft |
Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #812650 Report a problem | ||
| 11/4/2014 | Listing removed | $329,000$108/sqft |
Source: Lake and Land Realty Report a problem | ||
| 5/16/2014 | Price change | $329,000-2.9%$108/sqft |
Source: Lake and Land Realty Report a problem | ||
| 3/4/2014 | Price change | $339,000+2.8%$111/sqft |
Source: Lake and Land Realty Report a problem | ||
| 1/13/2014 | Listed for sale | $329,900$108/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,622 | $609,700 |
| 2024 | $2,622 +17.3% | $609,700 +66.4% |
| 2023 | $2,234 | $366,300 |
| 2022 | $2,234 +0% | $366,300 |
| 2021 | $2,234 | $366,300 |
| 2020 | $2,234 +9.7% | $366,300 +9.7% |
| 2019 | $2,037 | $333,900 |
| 2018 | $2,037 | $333,900 +8.4% |
| 2017 | $2,037 +10.9% | $307,900 |
| 2016 | $1,836 | $307,900 |
| 2015 | $1,836 +10.5% | $307,900 |
| 2014 | $1,663 | -- |
| 2013 | $1,663 | $307,900 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 24101
Nearby schools
Schools provided by the listing agent
- Elementary: Closed -Burnt Chimney
- 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.







