For sale

537 Calypso Rd

Moneta, VA 24121 · Bayview Estates

$599,000, Reduced $96,000

  • 3beds
  • 2.5baths
  • 2,906sq ft
  • 0.93acres
  • 2005built

Listed by Virginia Realty Group

About this home.

Experience THE PINNACLE of main-level living at Smith Mountain Lake in this beautifully maintained 3-bedroom, 2.5-bath home, perfectly suited as either a full-time residence or your lifetime perfect vacation spot. Designed with your comfort in mind, this open-concept floor plan features a spacious primary suite complete with a private en-suite bath, an oversized walk-in closet, and separation from the additional bedrooms for optimal privacy. The inviting living area is anchored by a cozy gas log fireplace and flows seamlessly into the kitchen and dining spaces, creating the perfect setting for entertaining family or guests. Freshly painted throughout and move-in ready, the home also includes a new washer and dryer and an attached two-car garage with covered parking. Why settle for expensive HOA or condo fees when you can enjoy the lifestyle you've been dreaming of in prestigious Bayview Estates--one of Smith Mountain Lake's most sought-after neighborhoods? Surrounded by stunning million-dollar waterfront homes, this exceptional community offers luxury, beauty, and lasting value without the burdensome costs often associated with lake living. Whether you're relaxing at home, hosting guests, or exploring everything Smith Mountain Lake has to offer, this property DELIVERS. Discover why this home is the perfect place to start your next chapter! All information to be independently verified by buyer or buyer's agent.

Facts and features.

The home

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

Inside

Fireplaces
2
Flooring
Carpet, Tile, Wood
Appliances
Microwave Oven (Built In), Dishwasher, Electric Range, Refrigerator
Interior features
Walk-In Closet(s), Ceiling Fan(s), Cathedral Ceiling(s), Whirlpool Bath

Outside and lot

View
lake
Lot setting
Level, Views

Utilities

Heating
Heat Pump Electric
Cooling
Central Air
Water source
Private Well

Community

Subdivision
Bayview Estates
HOA dues
None
County
Franklin County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #929914

Price and status history.

106

days on market

DateEventPrice
Sep 17, 2026Price reduced$599,000
Jul 30, 2026Listed for sale$695,000

Price per square foot

This home$206
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. 25% below the median.

Location.

537 Calypso Rd, Moneta, VA 24121

Estimate a monthly payment.

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

$3,367/mo

Principal and interest
$3,029
Property tax
$238
Home insurance
$100
HOA dues
None listed

Loan amount $479,200

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.

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 Virginia Realty Group.

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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