$120,000
$120,000
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SOLD DATE : 07/17/2025
Key Details
Sold Price $120,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Brightwater @ Sml
MLS Listing ID 915712
Sold Date 07/17/25
HOA Fees $83/ann
HOA Y/N Yes
Annual Tax Amount $664
Acres 1.63
Property Sub-Type Land
Source Roanoke Valley Association of REALTORS®
Property Description
RARE OPPORTUNITY TO PURCHASE A SML WF LOT WITH A GREAT WF BUILDING SITE & LONG WATER VIEWS IN A NEW SML WF SUBDIVISION AT A FANTASTIC LOW PRICE!!!
Current lot owners' plans to build their new home on this lot have changed and as a result they are offering this large 1.6 acre lot with its 116' waterfrontage and long lake views for sale at a significantly reduced price to encourage a quick sale. You will not find any other lot like this one in this new SML WF subdivision for sale at this price, which is below its current tax assessed value of $154,000. The developer has paved the roads in this subdivision and is in the process of completing individual electrical utility connections to these lots, which work is currently being prioritized for lot owners who are ready to build on their lots In addition, the developer has provided for a common waterfront area for property owners to gather with their neighbors and friends, a community fire-pit area and a common mailbox area for residents.
This new SML WF subdivision is located close to the Bay Roc Marina and a public boat launching ramp and it is only a short drive to Vinton, Roanoke and Salem where there are numerous shopping, dining and medical facilities and offices, including two hospitals, a trauma center, doctors' offices and labs, and a regional airport than offers flights to a variety of locations including to major hubs that will provide you access to longer flights throughout the USA and the world beyond. And if you desire easy access to the SML Westlake Shopping Area, that is only a 15 minute drive away from your new home here.
To ensure that only consistent quality single-family homes are built in this new SML waterfront community and to protect the future value of these homes, the developer has established protective restrictions and covenants which include among other requirements, minimum square footage of finished living space ("FSF") for these homes: 1,800 FSF for homes on waterfront lots and 1,400 FSF for homes on interior lots.
Well and septic system to be installed on lot by Purchaser at Purchaser's cost.
Location
State VA
County Franklin County
Community Brightwater @ Sml
Area 1.63
Zoning RPD
Direction FROM HFB: Rt. 122 S ; R Hardy Rd; R Setzer Way across from Spirit gas station; R Moorman Rd to Right Pearl Dr. to R Washburn Ct. to Lot 72 on R. Section 2 road signs have not been installed yet.
Interior
Fireplace No
Exterior
Utilities Available Underground Utilities
Waterfront Description Point
View Lake
Garage No
Building
Lot Description Varied
Sewer Private Septic
Water Private Well
New Construction No
Schools
Elementary Schools Windy Gap
Middle Schools Ben Franklin Middle
High Schools Franklin County
Others
Tax ID 002 01-072 00
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