Bedrooms: 4 Baths: 4 Square Footage: 1,368 Lot Size (sq. ft.): 174,240 Status: Pending
Current Price: $1,495,000 List Date: 9/08/2021 Last Modified: 9/20/2021
A nostalgic Smith Mountain Lake Cabin positioned on a premium 4+ acre waterfront lot. Sold Turn-Key! Highly sought after Alpha Drive location; very private & peaceful property w/ huge wide water western views from the home & also mountain views from the dock. Nice single slip dock(built 2011) nestled in a deep water cove w/ approx. 450' of water frontage. Home will take you back in time & boasts an awesome wrap around screen porch. Home constructed w/ lumber from & an old Altavista lumber company.; 3x12 floor joists supporting the first floor, the outside of the home utilizes rough sawed 1'' oak boards. The porch deck is milled tongue & groove 2X6 oak boards, walls are random width tongue & groove white pine boards & the floors are 1X4 southern yellow pine tongue & groove boards.
Suppliments: Large property providing great potential for a lakefront family compound. Fantastic water location near Smith Mountain and the Smith Mountain Dam; breathtaking lake views while also sitting back in deep water cove that is perfect for swimming. Established rental property; 2021 gross rental income = $29,530; 2020 gross rental income = $26,555; 2019 gross rental income = $21,152.50. A very rare rustic lake property in a premium location & wonderful potential.
Listing Office: LAKE RETREAT PROPERTIES INC.
Last Updated: September - 20 - 2021
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