Under contract

639 Compass Cove Cir

Moneta, VA 24121 · Compass Cove

$1,597,500, Reduced $277,500

  • 5beds
  • 4baths
  • 3,922sq ft
  • 1.2acres
  • 2026built

Listed by Exp Realty LLC - Sml

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About this home.

Located in the prestigious community of Compass Cove, this brand-new home offers lake and mountain views and sits on a highly desired deep-water no-wake cove. Complete with designer, top-quality finishes and custom woodwork throughout, the home features a soaring vaulted entry with wood ceilings, built-ins flanking a gas fireplace, and a covered rear porch with a high wood-lined ceiling. The kitchen showcases a custom cabinets, wood vent hood, gas range, large island, and a butler's pantry with built-ins & a 'Costco Door' into Garage.. The main-level primary suite includes a custom coffered ceiling, wainscoting, a walk-in tiled shower, and a beautifully designed custom closet. Two additional bedrooms and a stylish tiled bath complete the main level. The finished walkout terrace level offer a second kitchen, theatre room, gym, recreation area, and two additional bedrooms. Perfect for multigenerational living or entertainment space. Walk out to your covered patio, fire pit area, and a concrete path with a gentle walk down to your private dock. A boat house provides storage, and the deep water at the shoreline is ideal for swimming and boating. Large Corner Lot with room for a pool or detached garage. Public water, premium finishes, and a well-designed floor plan make this a unique opportunity to enjoy a luxurious lakeside retreat in one of the lake's most prestigious communities. Start living the lake dream! a full second kitchen, theatre room, gym, recreation area, and two additional bedrooms. Perfect for multigenerational living or entertainment space. Walk out to your covered patio, fire pit area, and a concrete path with a gentle walk down to your private dock. A boat house provides storage, and the deep water at the shoreline is ideal for swimming and boating. Public water, premium finishes, and a well-designed floor plan make this a unique opportunity to enjoy a luxurious lakeside retreat in one of the lake's most prestigious communities. Start living the lake dream!

Facts and features.

The home

Type
House (Single Family Residence)
Style
Other - See Remarks
New construction
Yes
Levels
1 story

Inside

Basement
Full
Finished basement
1,961 sq ft
Fireplaces
1
Flooring
Tile, Wood
Appliances
Microwave Oven (Built In), Dishwasher, Disposal, Freezer, Gas Range, Range Hood, Refrigerator
Interior features
Other - See Remarks, Walk-In Closet(s), Ceiling Fan(s), Cathedral Ceiling(s), Theater Room, Storage

Outside and lot

Outdoor features
Other - See Remarks, Balcony
View
lake
Lot setting
Gentle Sloping, Views
Water
Cove, No Wake Area
Zoning
R1

Utilities

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

Community

Subdivision
Compass Cove
HOA dues
$400 annually
Community features
Tennis Court(s), Restaurant
County
Franklin County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #922905

Price and status history.

313

days on market

DateEventPrice
Oct 19, 2026Under contract$1,597,500
Nov 19, 2025Listed for sale$1,875,000

Price per square foot

This home$407
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. 48% above the median.

Location.

639 Compass Cove Cir, Moneta, VA 24121

Estimate a monthly payment.

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

$8,305/mo

Principal and interest
$8,078
Property tax
$94
Home insurance
$100
HOA dues
$33

Loan amount $1,278,000

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 Exp Realty LLC - Sml.

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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