For sale

1811 Cutlass Rd

Moneta, VA 24121 · The Forty Acres

$1,390,000

  • 4beds
  • 4.5baths
  • 3,008sq ft
  • 1.1acres
  • 2003built

Listed by Buyers Agency Of Smith Mountain Lake LLC

About this home.

From the moment you enter this idyllic property through the majestic stone and wrought iron entrance gates, you sense something special awaits. This exceptional updated like-new waterfront home sits on a very gently sloping lot, offering privacy, security and very nice lake views. The owners have invested significant love and money over the years updating the property with many highly desired quality features. Major updates include Approved 6 Bedroom Septic Permit, Composite Decking on the front and rear decks providing low maintenance, charm and quality finishes; a beautiful Granite Countertop in the updated kitchen making it a special place to work and entertain, Updated Bathrooms throughout the house, a fully Finished Basement with luxury vinyl flooring, two New Bathrooms a comfortable Family Room and a 'Flexible' area that could be more bedrooms or a workout area or a workshop just waiting for you to decide what to call it; and the construction of a large detached 3 car $100,000 Shop Building (28' deep x 40' wide x 10' high) with heating and cooling providing 1120sf of year round work space and also features 10' x 40' of upstairs storage. Additionally, the house has a New Furnace. Both new furnaces can be monitored from your Cell Phone!

A list of the numerous updates is detailed in the Document file. This house has never been short-term rented but would be ideal for that use. The house currently has a 3-bedroom septic system but engineering is complete to expand to a 6-bedroom system, awaiting only county approval. See the Document File The Flexible Space shown on the basement floor plan could easily be converted to additional bedroom space. Being good stewards of the property, the owners also updated the waterfront which is only a few steps from the back door making it an easy multigenerational walk to enjoy the water. The dock has been enlarged and extended further into the lake, creating a fully functional boat lift that currently provides lake access even when the water level is 5' below full pond. The cove's gentle nature has created a highly desired beach area coveted by all ages, making it ideal for boating and swimming. This property provides the unique opportunity to enjoy the lake's most sought-after amenities: A Quality Built Home, An Abundance of Bedrooms and Bathrooms, Large Work Shop, Gently Sloping Lot, Central Location by Land and Lake, Short Term Rental Potential, Close to the SML Airport, Only a Few Steps from the Lake, Quiet Water and a Beach! Come live the Lake Dream!

Facts and features.

The home

Type
House (Single Family Residence)
Style
Contemporary
Bathrooms
4 full, 1 half
Levels
1 story

Inside

Basement
Full, Walk-Out Access
Finished basement
1,500 sq ft
Flooring
Carpet, Vinyl
Appliances
Microwave Oven (Built In), Dryer, Washer, Dishwasher, Freezer, Electric Range, Refrigerator
Interior features
Walk-In Closet(s), Ceiling Fan(s), Cathedral Ceiling(s), Storage

Outside and lot

Outdoor features
Garden Space, Other - See Remarks
View
lake
Lot setting
Gentle Sloping, Views
Water
Beach Front, Cove, Riprap Shoreline
Zoning
R-1

Utilities

Heating
Heat Pump Electric
Cooling
Heat Pump Electric
Water source
Private Well

Community

Subdivision
The Forty Acres
HOA dues
$286 annually
Community features
Marina Access, Restaurant
County
Bedford County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #931794

Price and status history.

48

days on market

DateEventPrice
Sep 26, 2026Listed for sale$1,390,000

Price per square foot

This home$462
Moneta house median$276

Asking price per finished square foot, compared with the median of 184 houses sold in Moneta in the last 12 months. 67% above the median.

Location.

1811 Cutlass Rd, Moneta, VA 24121

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$7,391/mo

Principal and interest
$7,029
Property tax
$239
Home insurance
$100
HOA dues
$24

Loan amount $1,112,000

Example rate only. Change it to the rate a lender offers you.

From the listing. Taxes can change after a sale.

Example. Use your quote.

From the listing.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Buyers Agency Of Smith Mountain Lake LLC.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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