$785,000
- 4
- beds
- 3 full · 1 half
- baths
- 2,780
- sqft
- 2003
- year built
- 4
- beds
- 3 full · 1 half
- baths
- 2,780
- sqft
- 2003
- year built
- Status:
- Active
- MLS #:
- 933055
- Neighborhood:
- Beechwood West
- County:
- Bedford
- Listed By:
- KENDRA REED PORTER - VIRGINIA REALTY GROUP
- Agent Email:
- virginiarealtygroup1@gmail.com
**TURNKEY WATERFRONT LIVING & IMMEDIATE INCOME-PRODUCING OPPORTUNITY ON SMITH MOUNTAIN LAKE!** Opportunities like this are hard to find, especially one that checks all of the boxes! Beautifully updated, fully furnished, and exceptionally maintained, this 4-bedroom, 3.5-bath waterfront retreat offers the perfect combination of lakefront enjoyment and proven short-term rental potential. Completely renovated in 2022, the home features stylish modern finishes and thoughtful updates throughout, including a new septic system installed in 2024. Permitted for a 5-bedroom septic system and approved to accommodate up to 10 guests, this property is turnkey and ready for you. Step outside and discover everything that makes lake life so special, including your own boat slip, access to a shared dock and floating swim platform, and a private lakeside cabana right on the property, complete with electricity and bar seating for effortless waterfront entertaining. The spacious, fenced backyard adds even more appeal with a playground, creating an inviting setting for family fun and gatherings. Whether you're searching for a fully equipped vacation home, a personal lakefront escape, or an investment property with an established rental history and bookings, this exceptional offering checks all the boxes. Sold fully furnished and ready to enjoy from day one, this is your opportunity to own a slice of Smith Mountain Lake and experience your BEST LIKE LIFE! Buyers and buyers' agents to independently verify all property information and details deemed important to them.
Highlights
- Residential
- Single Family Residence
- Built in 2003
- 0.92 Acre Lot
- $450/yr HOA
- Waterfront
- 4 days on Market
-
- Bedrooms
- 4
-
- Bathrooms
- 3 full · 1 half
-
- Year Built
- 2003
-
- Construction Materials
- Vinyl Siding
-
- Parking Features
- Driveway, Paved
-
- Living Area
- 2780.0
-
- Interior Features
- Ceiling Fan(s), Walk-In Closet(s), Storage
-
- Appliances
- Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
-
- Flooring
- Tile, Vinyl
-
- Patio And Porch
- Deck
-
- Cooling
- Ceiling Fan(s), Central Air
-
- Heating
- Electric, Heat Pump
-
- Basement
- Full, Walk-Out Access
-
- Acres
- 0.92
-
- Lot Features
- Waterfront, Secluded, Sloped Down
-
- Water Front
- Yes
-
- View
- Lake
-
- Water
- Private, Well
-
- Area
- 0690 - SML Bedford County
-
- County
- Bedford
-
- City
- Moneta
-
- Neighborhood
- Beechwood West
-
- Zip Code
- 24121
-
- High School
- Staunton River
-
- Middle School
- Staunton River
-
- Elementary School
- Goodview
-
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Estimated Value
$795,609
Estimated Sales Price Range:
$763,784 - $827,433
Source: Constellation Data Labs
Price History
| 11/09/2026 | Listed | $785,000 |
| Source: Roanoke Valley Association of REALTORS #933055 | ||
| 08/01/2026 | Off Market | — |
| Source: Roanoke Valley Association of REALTORS #919862 | ||
| 09/29/2022 | Sold | $689,000 |
| Source: Bright #VABV2000016 | ||
| 08/21/2022 | Listed | $689,000 |
| Source: Bright #VABV2000016 | ||
| 09/29/2022 | Sold | $689,000 |
| Source: Roanoke Valley Association of REALTORS #892118 | ||
| 08/12/2022 | Listed | $689,000 |
| Source: Roanoke Valley Association of REALTORS #892118 | ||
| 08/11/2022 | Off Market | — |
| Source: Bright #VABV2000016 | ||
| 04/22/2022 | Sold | $581,950 |
| Source: Roanoke Valley Association of REALTORS #883515 | ||
| 03/16/2022 | Listed | $574,990 |
| Source: Roanoke Valley Association of REALTORS #883515 | ||
Source: MLS Data
Deed History
| 09/29/2022 | Warranty Deed | $689,000 |
| 04/25/2022 | Warranty Deed | $581,960 |
| 01/18/2005 | Sheriff’s Deed - Common in New Jersey. The default code for transfers where borrower is in default, in other states document may be called something other than Sheriff’s Deed, i.e. "Masters in Equity Deed" in SC. | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 09/29/2022 | Credit Line (Revolving) / HELOC | $551,200 |
| 04/25/2022 | Conventional | $523,755 |
| 12/01/2017 | Stand Alone Refi (Refinance of Original Loan) | $200,000 |
| 11/04/2011 | Credit Line (Revolving) / HELOC | $100,000 |
| 01/18/2005 | Conventional | $196,000 |
Source: Public records via Constellation Data Labs
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There are currently 29 properties available in Moneta, with 0 under contract to close soon. Properties in the city have an average sale price of $235,975 and typically spend 123 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 709 Forest Lawn Dr?
Click Ask a Question to talk with our team. You already know it is a 4 bed, 3 bath, listed for $785,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Moneta, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 709 Forest Lawn Dr?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 709 Forest Lawn Dr at around $4,623. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 709 Forest Lawn Dr?
In most cases, yes. Whether 709 Forest Lawn Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Moneta's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $785,000 with 2,780 sqft of space—that comes out to approximately $282 per square foot.
How long has this property been on the market?
709 Forest Lawn Dr was listed on November 09, 2026, which means it's been on the market for 4 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2003, making it approximately 23 years old.
What is the lot size of this property?
709 Forest Lawn Dr sits on a 0.92-acre lot, which is 40,075 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Goodview
- Middle: Staunton River
- High: Staunton River
Want to see how these schools compare? Check out our Bedford County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 709 Forest Lawn Dr?
The most recent public record shows annual property taxes for 709 Forest Lawn Dr were approximately $1,875. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $450 paid annually.
Is 709 Forest Lawn Dr still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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