Price Reduction - Waterfront
Address
269 Key Lakewood Dr, Moneta, VA
Price
$ 1,149,969
Property Attributes
- MLS#928775
- TypeSingle Family
- Listing Status Active
- CountyFRANKLIN
- CityMoneta
- Area0490 - SML Franklin County
- NeighborhoodKey Lakewood
- Zip24121
- StyleSingle Family Residence
- Year Built1978
- Taxes$ 6986
- Price$ 1,149,969
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2376
- Lot Size0.56 Acres
Data Source:
Roanoke Valley MLS (RVAR)
Property Description
Listing agent will purchase a home warranty for the new owners! Nestled on the highly sought after Blackwater section in Franklin County, this property offers a rare combination of a gentle, level lot and breathtaking million-dollar views stretching across sparkling open water. Ideally situated on the main channel at marker B10, this exceptional waterfront property provides some of the most sought after boating and lakefront access available. Enjoy unobstructed views of the lake, front row seats to the ever-changing beauty of life on the water. Beautifully landscaped and meticulously maintained, the grounds create a stunning backdrop for lakeside living. Whether you're enjoying your morning coffee, entertaining guests, or simply taking in the sunset, the views of this property are unforgettable. Adding to the property's exceptional appeal is an oversized grandfathered dock situated in deep water-an increasingly rare and highly desirable feature on Smith Mountain Lake. Deep water access provides excellent boating opportunities year-round giving peace of mind during seasonal water fluctuations. Combined with a level lot, main channel location, this premium waterfront setup is difficult to find and highly sought after. This home features three bedrooms, two full baths, a dedicated office space, a versatile flex space, this home is perfect for entertaining. Large windows on facing the lake fill the living areas with lots of natural light, ensuring the lake remains the focal point. Properties offering a level lot, main channel location, deep water, an oversized dock are becoming increasingly rare. This property presents an extraordinary opportunity to own a premier piece of Smith Mountain Lake.
| Elementary School | Middle School | High School |
|---|---|---|
| Dudley Elementary School | Ben Franklin Middle | Franklin County High School |
| Price History | |
|---|---|
| 6/26/2026 | Listed $1,260,996 |
| 7/7/2026 | 5$1,199,969 |
| 9/21/2026 | 5$1,149,969 |
General Features
| Heating | Forced Air Electric |
|---|---|
| Cooling | Central Air |
| Appliances | Microwave Oven (Built In) |
| Patio/Porch Features | Covered Porch,Deck |
| Year Built | 1978 |
| View | Mountain(s),Lake |
| Levels | 1 Story |
| Property Subtype | Single Family Residence |
| Waterfront Features | Main Channel |
| County | Franklin County |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Key Lakewood |
| Full Baths | 2 |
| Status | Active |
| Directions | Scruggs Road,right onto Dudley Amos Rd,left onto Key Lakewood,home is on the left with a yard sign |
| High School | Franklin County |
| City | Moneta |
| MLS Area | 0490 - SML Franklin County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 24393.6 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Elementary School | Dudley |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 6986.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Ben Franklin Middle |
| Lease Renewal Y/N | No |
| MLS Area Minor | 0490 - SML Franklin County |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://rapidimagery.hd.pics/269-Key-Lakewood-Dr-1/idx |
| Standard Status | Active |
| Tax Lot | 27 |
| MobileHomeRemainsYN | No |
| Senior Community | None |
Interior Features
| Flooring | Carpet,Tile |
|---|---|
| Total Fireplaces | 3 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
| Total Baths | 2 |
Exterior Features
| Lot Features | Level,Views |
|---|---|
| Lot Size Area | 0.56 |
| Spa | No |
| Building Area Total | 2376.0 |
| Lot Size Acres | 0.56 |
| Waterfront Y/N | Yes |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 24121
Price
Taxes
Year Built
Visits
© 2026 New River Valley Multiple Listing Service, Inc. All rights reserved. The information provided is 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. All data is deemed reliable but is not guaranteed accurate.
NRVMLS data last updated at September 22, 2026 6:38 AM UTC
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by MLS of Roanoke Valley, Inc. (540-772-0526) on September 22, 2026 6:42 AM UTC . The information on this sheet has been made available by the MLS and may not be the listing of the provider. All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS ® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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.
