5 months on rocket

1401 Merriman Way Rd, Moneta, VA, 24121

$875,000

9.23 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontBay
ViewLake
MLS #909195
Lot Size9.23 Acres
StatusActive

About 1401 Merriman Way Rd

Imagine your dream estate on nearly 10 acres of pristine land at Smith Mountain Lake, featuring 390 feet of stunning waterfront. This unique property offers a level plot surrounded by mature hardwoods and natural landscapes, ensuring seclusion and beautiful views. Perfect for nature lovers seeking privacy, it's minutes from Westlake, shopping, dining, and Bridgewater Plaza. Included is a historic farmhouse from circa 1860, built with valued wormy chestnut logs, adding rustic charm. The property boasts an existing dock with a covered boat slip and a spacious party deck in a private deep cove off the main channel, ideal for boating and entertaining. Fields for horses, making it perfect for equestrian enthusiasts. Don't miss this rare opportunity to own prime real estate on SML!

Property Details

Property Features

Listing Office:

  • Office Name: REAL BROKER LLC - MCLEAN

Exterior Features

Exterior Information:

  • Waterfront: Bay
  • View: Lake
  • Exterior: Horses Allowed, Fenced Pasture

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Pasture
  • Lot Size: 9.23 Acres

Other

Directions Information:

  • Directions: 122 N From Westlake , Turn Right onto Merriman Way Rd. Approx. 1 mile Driveway and Gate are on left .

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000

Tax Information:

  • Annual Amount: $2,314
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Moneta, VA.

Med. Sold Price

$513K

Med. Price/SqFt

$296

Avg. Days On Market

63

# of Sold Homes

23

1401 Merriman Way Rd vs Moneta

158 DAYS ON ROCKET

+95 Days

$875,000

+$362K More

KEY TAKEAWAY

This property is $362K more than the Median Sold Price in Moneta, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #909195

Listing Office:

  • Office Name: REAL BROKER LLC - MCLEAN

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,314$379,300
2019$2,300$377,100
2018$2,300$377,100
2017$2,074$377,100

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4259520
6
/10
  • Moneta Elementary School

  • 12718 Moneta Rd

  • 5.03 miles

  • Public District Grades PK-5

school-card-donut-4259521
7
/10
  • Dudley Elementary School

  • 7250 Brooks Mill Rd

  • 5.61 miles

  • Public District Grades PK-5

school-card-donut-4259522
6
/10
  • Burnt Chimney Elementary School

  • 80 Burnt Chimney Rd

  • 8.23 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,121. Residents of Moneta, VA typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1401 Merriman Way Rd

What is the listing price of this property?

The listing price of 1401 Merriman Way Rd property is $875,000.

What type of property is this?

The property 1401 Merriman Way Rd is land located in Moneta, Virginia, 24121.

Is this property for sale now?

Active Listing: 1401 Merriman Way Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,314 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1401 Merriman Way Rd is 9.23 acres.
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Rocket HomesVirginiaBedford CountyMoneta241211401 Merriman Way Rd

This home is located at 1401 Merriman Way Rd in Moneta, VA and zip code 24121. This home sits on a 9.23 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $875,000.

Over 2 listings were sold over their listed price in November 2024 in Moneta, VA. In the same period over 13 listings were sold below the listed price and 8 listings were sold for the listed price. The inventory of homes for sale in Moneta, VA between October 2024 and November 2024 increased by 9.7%. In November 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $513,000.

From Rocket Homes Real Estate and based on county public records data.

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