For sale

Tract 2 Lakewatch

Moneta, VA 24121 · Lakewatch Plantation

$790,000

  • 21acres

Listed by Deb Beran Properties

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About this land.

This tract is truly a rare commercial opportunity along Booker T. Washington Highway (VA 122), situated in the heart of Lakewatch Plantation--Smith Mountain Lake's most sought-after mixed-use community. The 20.495 acres offer exceptional visibility with approximately.32 miles of frontage along the region's primary corridor. Nearby VDOT measured segments on VA 122 consistently show strong daily traffic volumes, reinforcing the strategic value of this location for commercial development. The groundwork is already in place: public water and septic are available, and the property sits within both the Westlake Overlay District and the Westlake/Halesford Village Plan. These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented. This community currently has a bank, YMCA, retail center, Bojangles, lakefront homes, off water homes and patio homes These designations create a development friendly environment ideal for commercial, retail, professional, and lifestyle-oriented uses. Lakewatch Plantation continues to grow as one of Smith Mountain Lake's premier destinations, home to a full retail center, YMCA, bank, Bojangles, pond, and a blend of waterfront homes, off water residences, and patio homes. This tract places a future owner or developer directly within that momentum--offering maximum exposure, accessibility, and long term value.

Facts and features.

The land

Type
Land

Outside and lot

Lot setting
Gentle Sloping, Level

Utilities

Water source
Other - See Remarks

Community

Subdivision
Lakewatch Plantation
HOA dues
None
County
Franklin County

The listing

Annual tax
$2,800 (from the listing)
Source
Roanoke Valley Association of REALTORS® MLS #930714

Price and status history.

80

days on market

DateEventPrice
Aug 25, 2026Listed for sale$790,000

Listing information

Listing courtesy of Deb Beran Properties.

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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