Buying or Selling A Home in the Smith Mountain Lake Area
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The Smith Mountain Lake Real Estate market is a great Vacation-Home or Retirement Destination. Propertieshave been coming down in price for the last 4 years, and those seeking to retire in a wonderful ‘Quality of Life’are discovering one of Virginia’s best kept secrets!
There are D-E-A-L-S to be had with PRICES ADJUSTED 30-50% since 2006, and the Baby Boomer generation is looking for Retirement Living with an ‘active’ lifestyle.
WHAT A PLACE TO RETIRE !! Boating, Fishing, Golfing, Hiking, Biking, Canoeing, Kayaking, whitewater Rafting, Winter snow skiing, and Winery tours are within a very short drive at the lake or to the Blue Ridge Mountains.
See the median home values from Trulia.
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Moneta is an unincorporated community in Bedford County, Virginia, United States, along Route 122 between Bedford and Rocky Mount; Route 122 follows a bypass around the community.
Moneta was popularized as the shooting location for scenes in the movie What About Bob?. In the movie, Bob arrived by bus with his goldfish and went into a local general store, which still stands.
Moneta is one of several postal address for homes located on both sides of Smith Mountain Lake, whether in Bedford County or in Franklin County, since there is no Smith Mountain Lake postal address.
Olive Branch Missionary Baptist Church and Holland-Duncan House are listed on the National Register of Historic Places.
Smith Mountain Lake is a large reservoir in the Roanoke Region of Virginia, located southeast of the City of Roanoke and southwest of Lynchburg. The lake was created in 1963 by the Smith Mountain Dam impounding the Roanoke River. The majority of the south shore of the lake lies in Franklin County while a small portion, including access to the dam, lies in Pittsylvania County. Bedford County makes up the northern half of the lake with the Roanoke River as the dividing line. The lake has become a popular recreation spot and has also experienced significant development in the last decade. It is the largest lake contained entirely within the state of Virginia.
The area lies in a broad valley nestled in the Blue Ridge Mountains of rural south-central Virginia. Before the lake’s creation, farming and logging were the primary industries. Communities around the lake include Moneta, Huddleston, Union Hall, White House, Penhook and Goodview. There is no post office with a Smith Mountain Lake mailing address. The Booker T. Washington National Monument is near the west end of the lake.
The level of the lake normally varies by one to two feet during the day and night, as water flows through (and is pumped back through) the dam. The normal maximum level of the lake (also known as “Full Pond”) is regulated to 795 feet (242.32 meters) above sea level. The normal observed level (also known as “normal pond”) is 794.20 feet (242.07 meters). The level can be significantly lower during periods of extended drought. Lake levels were about six feet below normal from time to time, during the years 2001 to 2003, after five years of below-average rainfall.
References and more area information on Wikipedia here >>