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Smith Mountain Lake Real Estate

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Smith Mountain Lake is not just an amazing recreation destination, it’s also a spectacular place to call home. Smith Mountain Lake real estate is available in a wide range of types, sizes and prices so you’re sure to find something to fit your lifestyle and budget.

Temperate weather, abundant recreation options, excellent schools and a casual lifestyle are just a few of the reasons retirees, remote workers and families are drawn to our shores and opt to invest in lake property.

If you want to buy or rent Smith Mountain Lake real estate, or book an SML vacation rental, dozens of experienced professionals can help. Call any of these brokers with SML offices to help you to find your perfect SML vacation spot or permanent/second home.

7 FEATURED LISTINGS

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42 BASIC LISTINGS

Adam Lynch, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-420-8657 website-icon

Berkshire Hathaway HomeServices SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-721-8659 website-icon

Bridges & Co. Realtors

Real Estate

Franklin County

400 Scruggs Rd, Moneta, Virginia 24121

540-721-4404 website-icon

Buyer’s Agency of Smith Mountain Lake

Real Estate

Bedford County

16575 Moneta Rd #200, Moneta, Virginia 24121

540-493-7253 website-icon

Cathie Daniel, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-721-8659 website-icon

Century 21 All Service

Real Estate

Bedford County

415 East Main Street, Bedford, Virginia 24523

877-391-2121 website-icon

Dana Montgomery, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-314-1798 website-icon

Deb Beran Properties

Real Estate

Franklin County

6655 Scruggs Road, Moneta, Virginia 24121

540-721-1488 website-icon

Debbie Shelton, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-797-3177 website-icon

Eric and Tom Fansler, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-871-8655 website-icon

Jada Turner, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-263-0202 website-icon

Jan McGraw, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-400-9882 website-icon

Jane Sullivan Horne, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

1825 Waters Edge Drive, Penhook, Virginia 24137

540-493-1690 website-icon

Jeannie Villwock, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-529-0212 website-icon

Keller Williams Realty

Real Estate

Franklin County

13420 Booker T Washington Hwy, Moneta, Virginia 24121

434-534-9113 website-icon

Kimberly Willard, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-798-3151 website-icon

Lake Retreat Properties, Inc.

Real Estate

Bedford County

6760 White House Rd, Huddleston, Virginia 24104

540-297-6002 website-icon

Lakeshore Rentals and Sales

Real Estate

Bedford County

13840 Booker T Washington Hwy B1, Moneta, Virginia 24121

800-572-6098 website-icon

Lifestyle & Lake Real Estate Group

Real Estate

Franklin County

13105 Booker T Washington Hwy B1, Hardy, Virginia 24101

540-484-3234 website-icon

Long & Foster Real Estate, Inc.

Real Estate

Bedford County

16869 Moneta Road, Moneta, Virginia 24121

540-297-4111 website-icon

Luke Schmidt, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-400-3373 website-icon

Lyons Team Realtors

Real Estate

Bedford County

1123 Celebration Avenue, Suite 106, Moneta, Virginia 24121

540-297-7777 website-icon

Michelle Turner, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-309-1265 website-icon

MKB Realtors at the Lake

Real Estate

Franklin County

16430 Booker T Washington Hwy #17, Moneta, Virginia 24121

540-721-6005 website-icon

ML Realty – Mary Lou McDonald

Real Estate

Bedford County

1123 Celebration Ave, Suite 106, Moneta, Virginia 24121

540-297-3679 website-icon

Mountain to Lake Realty

Real Estate

Franklin County

195 S. Main Street, Rocky Mount, Virginia 24151

540.483.5566 website-icon

Nadine Bannard – Wainwright & Co, REALTORS (Lake)

Real Estate

Franklin County

16503 Booker T Washington Hwy., Moneta, Virginia 24121

540-798-0206 website-icon

Parker Waters, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-400-2681 website-icon

Peggy Overstreet, Lake Homes Realty

Real Estate

Franklin County

150 Windlass Pointe Drive, Moneta, Virginia 24121

540-520-9251 website-icon

Peter Roberts, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-525-4510 website-icon

RE/MAX Lakefront Realty, Inc.

Real Estate

Franklin County

16451 Booker T. Washington Hwy, Moneta, Virginia 24121

540-721-3555 website-icon

Ron Willard, II, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-537-1915 website-icon

SettleLand & Realty, LLC

Real Estate

Franklin County

100 Tranquility Road, Moneta, Virginia 24121

540-524-9116 website-icon

Smith Mountain Homes Real Estate

Real Estate

Franklin County

16503 Booker T. Washington Hwy, Moneta, Virginia 24121

877-765-4663 website-icon

Smith Mountain Lake Properties, Inc.

Real Estate

Bedford County

P.O. Box 50, Huddleston, Virginia 24104

540-797-0477 website-icon

Steve Jones, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-814-9684 website-icon

United Country Real Estate

Real Estate

Franklin County

2565 Smith Mountain Road, Penhook, Virginia 24137

434-927-5000 website-icon

Van Casteel Daniel, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-493-4742 website-icon

Vicki Millehan, Berkshire Hathaway SML Real Estate

Real Estate

Franklin County

13247 Booker T. Washington Hwy, Hardy, Virginia 24101

540-520-2401 website-icon

Virginia Realty Group

Real Estate

Bedford County

16575 Moneta Rd, Moneta, Virginia 24121

540-929-1000 website-icon

Wainwright & Co. Realtors

Real Estate

Franklin County

16503 Booker T. Washington Hwy, Moneta, Virginia 24121

540-387-5800 website-icon

Watermark Realty

Real Estate

Franklin County

13697 Booker T. Washington Highway, Suite 108, Moneta, Virginia 24121

540-721-5253 website-icon

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With 500 miles of shoreline, you can find a first or second home in a quiet cove with just a few neighbors in sight – or retire to a well-planned community with shared or private amenities that include swimming pools, fitness facilities, boat slips with powered boat lifts, and golf courses.

Smith Mountain Lake real estate is diverse and affordable, especially when compared to similar real estate on the USA’s coasts. For about $150,000, you can buy a small lakefront studio or one-bedroom condo with a lake view. For $225,000-$350,000, you can get a 1,200-square-foot lakefront condo or townhouse.

For $400,000 you may be able to snag an older 2-3 bedroom lakefront home with 1,500 square feet, located on a shallow cove or a steep lot – or a modern, two-bedroom, 1,200 square-foot condo with a great view, boat slip and golf privileges. $700,000-$900,000 can buy you a well-maintained 3-4 bedroom lakefront home with 3,000-plus square feet, a dock with two boat slips and powered lifts, one acre of land and 200-plus feet of waterfront.

Aerial view of Mariner's Landing, a popular choice for SML real estate ownership.
Mariners Landing is a popular development in Bedford County with single-family homes, condos and townhomes in a variety of price ranges. Photo courtesy of Deb Beran Properties.

One million dollars buys a large and luxurious lakefront home with a excellent views and a deep-water dock in a premium development. Two million or more buys one of the lake’s 6,000-plus-square-foot luxury homes.

Before you buy, check the lake depth at the dock. If a dock and the surrounding water don’t have a depth of at least 9-10 feet at “full pond,” you may be unable to use your boat during extended droughts, when water levels can drop by five feet or more. It can also be difficult to climb down (and back up) from a fixed dock to a floating dock (“floater”) during drought.

You May Also Enjoy >> Living at Smith Mountain Lake: An Insider’s Guide

Looking for an undeveloped lot? SML’s lakefront is about 70 percent developed, but undeveloped lakefront lots are still available. You can pay $50,000 or less for a lot with water access, $100,000 for a steep lot with an inspiring lake view or $250,000-plus for a large lakefront lot that may already include a dock. For a bit more, you can buy a waterfront lot with a coveted view of Smith Mountain.

If you’re considering a waterfront lot or home without a dock, ask your real estate buyer’s agent (or attorney) to carefully check the dock-building regulations. You will need at least 100 feet of waterfront to build a new dock on your lot. If a dock is included, ask your agent to confirm that it was properly permitted and built according to an approved plan.

Photo of a Smith Mountain Lake dock, part of the real estate offered here.
Photo by Andie Gibson

Nearly all Smith Mountain Lake homes are built above the “100-year flood plain,” 802 feet above sea level. The highest flood level ever recorded was 800 (in 1987). The normal daily maximum or “full pond” is 795 feet.

If you’re planning to buy a condo or house, and then offer it as a vacation rental to help pay the mortgage, be sure to first check county, subdivision, and homeowner association rules and regulations. Bedford County (on the north side of SML) is much more friendly to vacation rentals than Franklin County.

If you’re a Smith Mountain Lake real estate broker or agent interested in advertising, please contact us.

More local information for Smith Mountain Lake, Virginia: