For sale

Lot 3A Nicholas Ln

Moneta, VA 24121 · Clearwater Estates

$2,200,000

  • 5beds
  • 5.5baths
  • 4,021sq ft
  • 1acre
  • 2027built

Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate

About this home.

Welcome to The Cottages at Hickory Cove, a new waterfront community at Smith Mountain Lake! Lot 3 offers the opportunity to build a custom lake home in a private setting on a deep-water cove. Enjoy the peaceful side of SML waterfront living while still having convenient access to all the recreation, dining, shopping and amenities the lake has to offer.

Frank Good Builders is the exclusive builder for this property, offering exceptional craftsmanship, quality construction and premium finishes. Photos feature one proposed custom home design, but additional plans are available. Buyers may also work with the talented Paragon Home Plans design team to customize a plan or create the Smith Mountain Lake home they've been envisioning.

For a limited time, receive up to $100,000 in builder incentives to use toward closing costs, luxury upgrades and selections, or additional finished living space, including the basement.

Whether you're looking for a full-time residence, Smith Mountain Lake vacation home or investment property, Lot 3 offers outstanding flexibility--vacation rentals are allowed. The neighborhood road is scheduled to be paved soon, adding the finishing touch to this distinctive new lakefront community.

With Lot 1 already sold, opportunities are limited at The Cottages at Hickory Cove. Secure your place in this new Smith Mountain Lake waterfront neighborhood and enjoy deep water, privacy, custom new construction and the relaxed lake lifestyle SML is known for.

Facts and features.

The home

Type
House (Single Family Residence)
Style
Contemporary
Bathrooms
5 full, 1 half

Inside

Basement
Full, Walk-Out Access
Finished basement
1,649 sq ft
Fireplaces
1
Flooring
Tile, Wood
Appliances
Microwave Oven (Built In), Dryer, Washer, Dishwasher, Electric Range, Refrigerator

Outside and lot

View
lake
Lot setting
Gentle Sloping, Cul-De-Sac
Water
Cove, Main Channel

Utilities

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

Community

Subdivision
Clearwater Estates
HOA dues
None
County
Bedford County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #932231

Price and status history.

35

days on market

DateEventPrice
Oct 9, 2026Listed for sale$2,200,000

Price per square foot

This home$547
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. 98% above the median.

Location.

Lot 3A Nicholas Ln, Moneta, VA 24121

Estimate a monthly payment.

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

$11,976/mo

Principal and interest
$11,124
Property tax
$752
Home insurance
$100
HOA dues
None listed

Loan amount $1,760,000

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.

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 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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