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What would your mornings look like with Smith Mountain Lake stretching all the way out to the main channel? Let's Get REAL. This beautifully maintained home, complete with a new roof, sits on the lake with wide views. Extensive landscaping leads down to a paver boardwalk, with a fire ring made for long evenings along 110 feet of waterfront. A large boat dock with two slips sits right on the shoreline. Inside, 4,300 finished square feet are laid out for main-level living. The great room with its cathedral ceiling, gas log fireplace and hardwoods flows into a kitchen made for gatherings, with granite countertops and plenty of seating, all with lake views. The primary suite offers lake views, a walk-in shower, and a huge walk-in closet with built-ins and a center island. Downstairs, the entertaining continues. A game room and movie room with a wet bar and a rec room make it the place for game day, movie night, or a crowd of friends, with multiple bedrooms and flex options for guests. Is this the kind of lake life you want to come home to?

Highlights

  • Residential
  • Single Family Residence
  • Built in 2005
  • 0.5 Acre Lot
  • Waterfront
  • 2 days on Market

  • Bedrooms
    3
  • Bathrooms
    2 full · 1 half
  • Year Built
    2005
  • Architectural Style
    Ranch
  • Construction Materials
    Synthetic Stucco
  • Living Area
    4300.0
  • Interior Features
    Ceiling Fan(s), Walk-In Closet(s), Wet Bar
  • Appliances
    Dishwasher, Electric Range, Microwave, Cooktop, Trash Compactor
  • Flooring
    Tile, Carpet, Wood
  • Patio And Porch
    Patio, Deck, Porch, Front Porch, Rear Porch
  • Security Features
    Security System
  • Cooling
    Ceiling Fan(s), Heat Pump
  • Heating
    Electric, Heat Pump
  • Basement
    Full, Walk-Out Access

  • Acres
    0.5
  • Lot Features
    Waterfront, Cul-De-Sac, Views, Gentle Sloping
  • Water Front
    Yes
  • View
    Lake
  • Utilities
    Cable Available, Underground Utilities
  • Water
    Public

  • Area
    0490 - SML Franklin County
  • County
    Franklin
  • City
    Moneta
  • Neighborhood
    Compass Cove
  • Zip Code
    24121
  • High School
    Franklin County
  • Middle School
    Ben Franklin Middle
  • Elementary School
    Dudley

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Frequently Asked Questions

How do I schedule a tour of 873 Compass Cove Cir?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 873 Compass Cove Cir.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 873 Compass Cove Cir?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $1,599,000. 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 873 Compass Cove Cir?

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 873 Compass Cove Cir at around $9,616. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 873 Compass Cove Cir?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Franklin County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 873 Compass Cove Cir?

In most cases, yes. Whether 873 Compass Cove Cir 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.

How do I make an offer on 873 Compass Cove Cir?

We can handle that for you. Our preferred local agent specializes in residentials in Moneta and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,599,000 with 4,300 sqft of space—that comes out to approximately $372 per square foot.

How long has this property been on the market?

873 Compass Cove Cir was listed on November 12, 2026, which means it's been on the market for 2 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 2005, making it approximately 21 years old.

What is the lot size of this property?

873 Compass Cove Cir sits on a 0.5-acre lot, which is 21,780 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Dudley
  • Middle: Ben Franklin Middle
  • High: Franklin County

Want to see how these schools compare? Check out our Franklin County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 873 Compass Cove Cir?

The most recent public record shows annual property taxes for 873 Compass Cove Cir were approximately $6,196. 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 873 Compass Cove Cir 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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