For sale

425 Park Way Ave

Moneta, VA 24121 · Park Place

$2,100,000, Reduced $100,000

  • 4beds
  • 3.5baths
  • 5,197sq ft
  • 1acres
  • 2004built

Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate

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About this home.

Luxury Lakefront Living in Prestigious Park Place

Welcome to this exceptional custom-built, one-owner waterfront home in the highly sought-after Park Place community on Smith Mountain Lake. Privately situated on a beautifully landscaped 1.03-acre lot, the home is accessed by a recently paved 200-foot driveway framed by elegant lighted stone entrance walls. Offering over 5000 square feet of thoughtfully designed living space, the open floor plan is filled with natural light and showcases breathtaking lake views through Andersen 400 Series windows and doors.

The spacious family room features soaring 17-foot cathedral ceilings and a stunning stone gas fireplace, while the chef's kitchen boasts quartz countertops, stainless steel appliances, a large center island, and a walk-in pantry. The home offers four bedrooms, including a luxurious primary suite with a coffered ceiling, a dedicated study, three-and-a-half baths, formal and casual dining spaces, and expansive recreation and game rooms designed for entertaining.

Outside, enjoy over 895 square feet of composite decking and tiled patio space overlooking the lake, complete with a covered dock, electric boat lift, and floater. Additional highlights include an oversized three-car garage, whole-house generator, lake-fed irrigation, professionally landscaped grounds, and meticulous one-owner maintenance throughout. Franklin County SML Park and Beach are just a 3 minute golf cart ride away. Experience luxury lake living at its finest.

Facts and features.

The home

Type
House (Single Family Residence)
Style
Ranch
Bathrooms
3 full, 1 half

Inside

Basement
Full, Walk-Out Access
Finished basement
2,341 sq ft
Fireplaces
1
Flooring
Carpet, Laminate, Tile, Wood
Appliances
Cooktop, Dishwasher, Refrigerator
Interior features
Walk-In Closet(s), Ceiling Fan(s), Cathedral Ceiling(s)

Outside and lot

Outdoor features
Sunroom
View
lake
Lot setting
Gentle Sloping, Views
Water
Cove, Main Channel, Riprap Shoreline
Zoning
A1

Utilities

Heating
Zoned, Heat Pump Electric
Cooling
Heat Pump Electric, Zoned
Water source
Public

Community

Neighborhood
Park Place
HOA dues
None
Community features
Beach Access, Trail Access
County
Franklin County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #930537

Price and status history.

86

days on market

DateEventPrice
Sep 4, 2026Price reduced$2,100,000
Aug 19, 2026Listed for sale$2,200,000

Price per square foot

This home$404
Park Place median$273

Asking price per finished square foot, compared with the median of 10 homes sold in Park Place in the last 12 months. 48% above the median.

Location.

425 Park Way Ave, Moneta, VA 24121

The neighborhood

Park Place.

2

for sale now

$845K

median sale, last 12 months

10

homes sold, last 12 months

32

median days on market

Estimate a monthly payment.

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

$11,266/mo

Principal and interest
$10,619
Property tax
$547
Home insurance
$100
HOA dues
None listed

Loan amount $1,680,000

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From the listing. Taxes can change after a sale.

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Listing information

Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate.

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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