588 Lake Edge DR, Moneta, VA 24121 (MLS# 877477)


$719,900
588 Lake Edge DR
Moneta, VA 24121
MLS# 877477
5 beds  |  3 baths  |  3044 sqft


588 Lake Edge DR, Moneta, VA 24121
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Property Description
A lake lover's perfect home with a super gentle lot and deep water dock! Barely 3 years old, this open floor plan up-to-date property represents the idyllic lake house with transitional architectural design features. Enjoy the tranquility and convenience of the friendly Edgewater community, located on the North Shore of Scruggs Rd. corridor, a hop and a skip from The Waterfront Country Club, and just minutes away from nearby Westlake shopping, healthcare, and amenities. According to Franklin County, rentals of 31+ days could be permitted and this home could thoughtfully accommodate your family on the main level as well as another family below for investment income. Separate living spaces exist on both levels, each with its own kitchen, living, dining, bedrooms, and baths.

Details
Contract Information
Current Price: $785,000
List Price: $719,900
List Date: 2021-03-04
Status: Closed
General Property Description
Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 2017
Total Bdrm: 5
Total Bths: 3
Total F Baths: 3
Entry Above Grd Fin SQFT: 1768
Lower Below Grd Fin SQFT: 1276
Total Fnshd SqFt: 3044
Total Above Grd Fin SQFT: 1768
Grand Total Attached SQFT: 3536
Total Unfin SQFT: 492
Basement Y/N: Yes
Basement: Walkout - Full
Prim. Covered Prking: N/A
Add'l Covered Prkng: Not Applicable
Uncovered Parking: Designated Spaces
Uncovered # Spaces: 2
Total Acreage: 0.93
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 110
Location, Legal & Taxes
Major Area: 04 - Franklin County
Area: 0490 - SML Franklin County
Street Number: 588
Street Name: Lake Edge
Street Suffix: DR
State/Province: VA
Zip Code: 24121
Subdivision: Edgewater
Subdivision Map: Edgewater
Lot: 33
Municipality: Franklin County
Tax ID: 0320000502
Annual Taxes: 2566.88
POA/Condo Assoc Y/N: Yes
POA/Condo Dues: 300
POA/Condo Terms A/M: Annual
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: From Westlake: Scruggs Rd to L-Bluewater, L-Edgewater, L-Lake Edge, then follow around curve to sign on right.
Status Change Info
Ratified Contract Dt: 2021-03-08
Sold Date: 2021-04-13
Sold Price: 785000
Unfinished Attached SQFT
Lower Below Grd Unfin SQFT: 492
Master Bedrooms
Master BR Entry Lvl: 1
Bedrooms
BR Entry Level: 3
BR Lower Level: 2
Full Baths
Full Baths Entry Lvl: 2
Full Baths Lower Lvl: 1
Laundry
Laundry Entry Level: 1
Water Acc Only A
Access - On/Off Site: On Site
Property Features
Style of House: 1 Story
Limited Service: Not Limited Service
Lot Description: Down Slope; Gentle Slope
Construction: Vinyl
Heating: Heat Pump Electric
Cooling: Central Cooling
Exterior Features: Deck; Patio; Paved Driveway
Views: Lake
Appliances: Dishwasher; Disposer; Refrigerator; Range Electric
Misc Features: Cable TV; In-Law Quarters; Maint-Free Exterior; Paved Road
Floors: Vinyl
Windows: Insulated
Porch: Rear Porch
Water Description: Private Well
Sewer Description: Private Septic - 3BR
Water Heater Type: Tank
Water Htr Energy: Electric
Internet Access: Cable
Water Acc Only B: Deed/Assgn Dock
Boat Dock Desc: Party Deck; Boat Hoist
Water Features: Cove; Riprap Shoreline; Southern Exposure
Supplements
On the approach, a rock-lined sweeping paved driveway leads you to the large covered front porch with stacked stone posts and ceiling fans. Step through the door into a home full of thoughtfully planned details including 6-inch wide crown molding, 9-foot coffered and tray ceilings, custom paint, and Cheyenne interior doors. A wall of glass in the great room provides for maximum light in this space and full enjoyment of your southern-facing Smith Mountain Lake cove views at any time of day, sunrise to sunset. The main floor has a spacious dining area and a marvelous kitchen replete with stainless steel range hood, lovely backsplash, sizable second vegetable sink that overlooks the lake through a palladium window, a considerable-sized kitchen island with breakfast bar, ample cabinet space possessing soft close cabinet doors, and a coffee station for lovers of the bean. An enormous back deck completes the comfort and delight of entertaining at home with plenty of space for grilling and outdoor dining with family, friends, and neighbors. After a full day of lake life, the master bedroom suite, also located on the main floor, which boasts tray ceilings and a glorious bathroom with dual heads in the master shower, is the perfect place to find peace and quiet at night. Downstairs, the finished basement includes a well-equipped kitchenette, full bathroom, prodigious entertainment area, and two additional bedrooms which provide convenient guest quarters that could function as its own apartment. An enormous 756 sqft. paver patio with an integrated fire pit lies just outside. Imagine the entertainment possibilities with so many options for outdoor living- evenings by the fire pit, with quick access to snacks and beverages just inside the door, complemented by an amazing view. Despite all that this amazing home offers on the inside- you will spend more time on the water! Walkable convenient waterfront access just steps away from your back door down the paved walkway that leads from the back patio, complete with a steel piling dock, boat lift, floating dock, and party deck. Hop on your boat and travel a mere ~3 mins through a no-wake zone to the main water channel of Smith Mountain Lake and a few minutes more to Bridgewater Plaza and Marina, Portside, or Drifters for dining and shopping fun. HOA/POA Fees Annually: $300 Total Acreage: 0.93 Waterfront Footage: ~110 ft. Channel Marker: R25 Finished Square footage: UPPER (1,768 sqft.) LOWER (1,276 sqft.) Unfinished Square footage: LOWER (492 sqft.) Floored Attic Space: 250 sqft. Private Septic: 3BR Permit Maintenance-free Exterior Main-level laundry for one-level living. The lower-level kitchen is plumbed for a sink and ready for installation. Established mulch beds and landscaping, plus walkways from the front - back of the home on both sides. A1 zoning, means that it is plausible that someone might successfully navigate a special use permit that would allow for short term rentals. Also, the lower level could be leased for 31-day blocks of time. Community boat launch, dock, and storage also available.
Room Information
Room Name Level Level
KitchenEntryEntry
KitchenLowerLower
Living RoomEntryEntry
LaundryEntryEntry
Game RoomLowerLower
Dining AreaEntryEntry

Listing Office: EXP REALTY LLC - FREDERICKSBURG

Last Updated: April - 16 - 2021

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Wednesday 21st of April 2021 04:49 PM