With a special use permit, this exceptional waterfront home presents a rare opportunity as a fully turnkey short-term rental or an effortless personal retreat--just in time for the summer season. Thoughtfully designed with generous living space across the upper, entry, and lower levels, the home offers the ideal layout to comfortably host guests while maintaining privacy throughout. The main level features multiple bedrooms and baths--an uncommon and highly desirable feature for lakefront living--along with a spacious kitchen that provides so much room for gathering and entertaining. Offered fully furnished, including linens, kitchenware, and décor (with only a few personal exclusions--see agent for details), this property is truly move-in or rental ready from day one. Tucked within a quiet, no-wake cove, the setting is perfect for relaxed lake days, swimming, and peaceful enjoyment of the water. The gentle approach to the shoreline enhances accessibility, while the brand-new aluminum dock creates an inviting space for lounging and lakeside living. Meticulously maintained as a second home, the property feels like new and showcases quality finishes throughout, including cherry hardwoods, tigerwood flooring, and soaring cathedral ceilings. Recent updates and features such as a 2025 whole-house generator, brand-new HVAC (being installed in May), separate heat pumps for each level, and gutter guards provide comfort, efficiency, and peace of mind. With no homeowners association, exceptional flexibility, and immediate usability, this property offers the ideal blend of investment potential and personal enjoyment in a serene waterfront setting.
For sale
Price cut: $200K (8/27)
$1,695,000
85 Cedar Bay Rd, Union Hall, VA 24176
8beds
6,596sqft
Single Family Residence
Built in 2011
1.27 Acres Lot
$-- Zestimate®
$257/sqft
$-- HOA
What's special
Multiple bedrooms and bathsSerene waterfront setting
- 148 days
- 427
- 17
Zillow last checked:
Listing updated:
Listed by:
JADA A. TURNER 540-263-0202,
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE 540-721-8659
Source: RVAR,MLS#: 926651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Entry
Bedroom 2
- Level: Entry
Bedroom 3
- Level: Entry
Bedroom 4
- Level: Lower
Bedroom 5
- Level: Lower
Bedroom 6
- Level: Lower
Other
- Level: Lower
Other
- Level: Upper
Dining room
- Level: Entry
Family room
- Level: Lower
Foyer
- Level: Entry
Great room
- Level: Upper
Kitchen
- Level: Entry
Laundry
- Level: Entry
Living room
- Level: Entry
Recreation room
- Level: Lower
Other
- Level: Lower
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Appliances
- Included: Microwave Oven (Built In)
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Storage, Walk-In Closet(s)
- Flooring: Tile, Wood
- Doors: French Doors, Wood
- Windows: Insulated Windows
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 6,596
- Total interior livable area: 6,596 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Covered spaces: 2
Features
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Cove
- Body of water: Smith Mtn Lake
Lot
- Size: 1.27 Acres
- Features: Gentle Sloping, Level
Details
- Additional structures: Shed(s)
- Parcel number: 052 02075 00
- Zoning: A-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- See Remarks, Stone
Condition
- Year built: 2011
Utilities & green energy
- Sewer: Private Septic
- Water: Private Well
Community & HOA
Community
- Subdivision: Cedar Bay
HOA
- Has HOA: No
Location
- Region: Union Hall
Financial & listing details
- Price per square foot: $257/sqft
- Tax assessed value: $1,493,000
- Annual tax amount: $7,495
- Date on market: 4/17/2026
- Cumulative days on market: 150 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $1,695,000-10.6%$257/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $1,895,000$287/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,420 | $1,493,000 |
| 2024 | $6,420 +52.1% | $1,493,000 +115.8% |
| 2023 | $4,220 | $691,800 |
| 2022 | $4,220 | $691,800 |
| 2021 | $4,220 | $691,800 |
| 2020 | $4,220 +2.5% | $691,800 +2.5% |
| 2019 | $4,117 | $674,900 |
| 2018 | $4,117 | $674,900 -7.6% |
| 2017 | $4,117 +10.9% | $730,100 |
| 2016 | $3,712 | $730,100 +5% |
| 2015 | $3,712 -1.2% | $695,400 |
| 2014 | $3,755 | -- |
| 2013 | $3,755 | $695,400 |
| 2012 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 24176
Nearby schools
Schools provided by the listing agent
- Elementary: Glade Hill
- 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.





