$2,349,000
45 & Lot51 Compass Cove
Moneta, VA 24121
MLS# 897213
6 beds  |  5 baths  |  3690 sqft

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45 & Lot51 Compass Cove, Moneta, VA 24121
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Property Description
Harnessing the power of the sun, this luxury Smith Mountain Lake home is fully supported by gathered solar power resulting in zero energy costs annually for the current owners. Here, waterfront living is easily afforded and experienced through gracious living spaces both indoors and out. Upon entering, the interior of this remarkable property offers exemplary mountain and lake views looking out from the mouth of a deep water cove and over the gentle beach at the shoreline that reaches far and wide over clear, clean water. This is true of nearly every room. Three of the five bedrooms in the main house are master suites boasting those same incredible views. On the main level, the open concept design, cathedral ceiling, and banks of soaring windows create a seamless integration with your

Details
Contract Information
Current Price: $2,349,000
List Price: $2,349,000
List Date: 2023-04-06
Status: Active
General Property Description
Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 2004
Total Bdrm: 6
Total Bths: 5
Total F Baths: 5
Entry Above Grd Fin SQFT: 1937
Lower Below Grd Fin SQFT: 1753
Detached Above Grd Fin SQFT: 526
Total Fnshd SqFt: 3690
Total Above Grd Fin SQFT: 1937
Grand Total Attached SQFT: 3690
Basement Y/N: Yes
Basement: Walkout - Full
Prim. Covered Prking: Garage Detached
# Prim Cov Spaces: 2
Uncovered Parking: Off Street Parking
Uncovered # Spaces: 2
Total Cov'd Prk Spc: 2
Total Acreage: 1.27
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 195
Location, Legal & Taxes
Major Area: 04 - Franklin County
Area: 0490 - SML Franklin County
Street Number: 45 & Lot51
Street Name: Compass Cove
State/Province: VA
Zip Code: 24121
Subdivision: Compass Cove
Lot: 50 & 51
Municipality: Franklin County
Tax ID: 0481405000 & 0481405100
Annual Taxes: 6774
Zoning Code: R1
POA Y/N: Yes
POA/Condo Dues: 400
POA/Condo Terms A/M: Annual
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: From HFB 122S to L on Scruggs Road to L into Compass Cove and L onto Compass Cove CIR. House at the end on the R
Fireplace
# Fireplaces: 2
Internet Access
Cur'nt Internet Prov: Shentel Available
Master Bedrooms
Master BR Entry Lvl: 1
Master BR Lower Lvl: 2
Master BR Other Lvl: 1
Bedrooms
BR Entry Level: 2
BR Lower Level: 3
BR Other Level: 1
Full Baths
Full Baths Entry Lvl: 2
Full Baths Lower Lvl: 2
Full Baths Other Lvl: 1
Laundry
Laundry Entry Level: 1
Laundry Lower Level: 1
Water Details
Channel Marker: R 11-A
Number Covered Slips: 2
Property Features
Style of House: 1 Story
Limited Service: Not Limited Service
Lot Description: Down Slope; Gentle Slope
Construction: Hard Board
Heating: Active Solar Heat; Gas – Propane; Heat Pump Electric
Cooling: Ductless; Heat Pump Electric; Other - See Remarks
Fireplace: Den; Family Room
Energy Features: Active Solar Heat
Interior Features: Cathedral Ceiling; Ceiling Fan; Gas Log Fireplace; Walk-in-Closet
Exterior Features: Covered Porch; Deck; Paved Driveway
Views: Lake; Mountain; Sunrise; Sunset
Appliances: Dishwasher; Clothes Dryer; Refrigerator; Range Gas; Range Hood; Clothes Washer
Misc Features: Cable TV; Cul-de-sac; Paved Road
Area Amenities: Private Golf; Marina Access
Floors: Carpet; Tile - i.e. ceramic; Vinyl; Wood
Windows: Insulated; Low Emissivity; Storm
Exterior Doors: Full View; Sliding
Porch: Front Porch; Rear Porch
Water Description: Public Water
Sewer Description: Private Septic
Water Heater Type: Tank
Water Htr Energy: Electric
Internet Access: Cable
Water Acc Only B: Deed/Assgn Dock
Boat Dock Desc: A-Roof; Stationary; Boat Hoist; Pers WaterCraft Lift; Storage/Util Bldg
Water Features: Cove; Main Channel; Riprap Shoreline; Beach
Supplements
environment flowing from the chef's kitchen, dining, living, and office areas out to the massive covered veranda. On the lower level, the split bedroom floor plan is divided by a second generous living area that opens onto a gorgeous stamped concrete-covered patio. The upper and lower levels each have laundry areas. BONUS! The detached two-car garage has a HUGE finished room overtop with ample storage space, a full bath, and VIEWS of the mountains and lake, and it could be used for extra guests, a studio, or a fantastic fitness room. This prestigious and small community, Compass Cove, has a unique layout, every home is waterfront, and the greenspace across the streets is just that, green space, so no additional homes can be built on the off-water on this community-owned land. Conveniently located by land and water. R11-A is notably near the area of the lake where the two major tributaries converge just before Smith Mountain. MLS#897213 has combined Lot 51, the vacant 0.79-acre lake-facing lot to the left of the home with its own boat dock along with 45 Compass Cove sited on Lot 50, the home site with its own boat dock and 0.48-acre lot. The combined lots would equate to 1.27 acres in total. Having this separate lot could eliminate the need to be able to walk stairs if a guest had any mobility issues. Additionally, the future development possibilities of Lot 51 Compass Cove CIR are unique unto itself, this is the only lot in the subdivision that could be subdivided into an off-water parcel and a waterfront parcel. A detached guest house could be built, amongst other possibilities. All offers should be presented on two purchase agreements: Lot 51 may not close before September 30, 2023 and the house at 45 Compass Cove CIR is available for immediate occupancy. Many furnishings may convey via a separate bill of sale (see documents). The seller reserves the right to take the attached fish sculpture above the fireplace, and once removed, the wall shall be repaired and repainted prior to settlement. The boat dock on lot 51 has no power.
Room Information
Room Name Level Level Remarks
Bedroom 1EntryEntryPrimary/MA BR - Main Level (1 of 6 BR)
Bedroom 2EntryEntryMain Level (2 of 6 BR)
Bedroom 3LowerLowerPrimary/MA BR - Lower Level (3 of 6 BR)
Bedroom 4LowerLowerPrimary/MA BR - Lower Level (4 of 6 BR)
Bedroom 5LowerLowerLower Level - 5 of 6 BR
Bedroom 6OtherOtherPrimary/MA BR - Room Above Garage
Dining AreaEntryEntry
Family RoomLowerLower
Great RoomEntryEntry
KitchenEntryEntry
LaundryEntryEntry
LaundryLowerLower
OfficeEntryEntryCould be Formal Dining Room

Listing Office: EXP REALTY LLC - SML

Last Updated: May - 16 - 2023

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