3 months on rocket

1994 Merriman Way Rd, Moneta, VA, 24121

$7,500,000

5 Bedrooms
5 Full Baths, 4 Partial
13,557 SqFt
$553/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Attached
Attached GarageYes
Year BuiltNew Const., 1968
HeatingGeothermal, Heat Pump, Zoned
CoolingGeothermal
BasementYes
WaterfrontBeach, Bay, Rocky Shoreline
FireplaceFamily Room, Living Room, Other - See Remarks
ViewLake, Other
Private PoolYes
MLS #909425
Lot Size11.00 Acres
StatusActive

About 1994 Merriman Way Rd

A Luxury Gated Mediterranean Estate situated on 11 acres with 3080 feet of shoreline. Main Estate home features 10,430 Sq. Ft., 1000 Sq. Ft. guest home & 3800 Sq. Ft. lodge. Some outstanding features included wine cellar capacity 3600 bottles, conservatory, home theatre, heated pool, custom boat dock, beach areas, home generator & geothermal heating. Elegance & sophistication with privacy, privacy, privacy! Prime location to restaurants, shopping & medical.

Property Details

Property Features

Property Information:

  • Architectural Style: Other - See Remarks
  • Year Built: 1968
  • Living Area: 13,557 SqFt

Listing Office:

  • Office Name: RE/MAX LAKEFRONT REALTY INC

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dryer, Washer, Dishwasher, Garage Door Opener, Generator, Microwave, Gas Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile - i.e. ceramic, Wood
  • Interior: Book Shelves, Breakfast Area, Gas Log Fireplace, Storage, Wet Bar
  • Fireplace: Family Room, Living Room, Other - See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach, Bay, Rocky Shoreline
  • View: Lake, Other
  • Exterior: Garden Space, In-Ground Pool, Paved Driveway, Storage Shed, Sunroom

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Attached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 11.00 Acres

Utilities

Utilities Information:

  • Heating: Geothermal, Heat Pump, Zoned
  • Cooling: Geothermal

Other

Directions Information:

  • Directions: From HFB, 122 to 666 (Merriman Way Rd).

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,500,000
  • Price Per SqFt: $553/SqFt
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Housing Market Comparison

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

Med. Sold Price

$526.9K

Med. Price/SqFt

$298

Avg. Days On Market

58

# of Sold Homes

29

1994 Merriman Way Rd vs Moneta

111 DAYS ON ROCKET

+53 Days

$7,500,000

+$6.9M More

$553/SqFt

+$254 More

KEY TAKEAWAY

This property is $6.9M more than the Median Sold Price and $254/SqFt more than other homes in Moneta, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #909425

Listing Office:

  • Office Name: RE/MAX LAKEFRONT REALTY INC

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.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

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Last updated on: 11/21/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$37.5K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.5K

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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-362448
6
/10
  • Moneta Elementary School

  • 12718 Moneta Rd

  • 5.24 miles

  • Public District Grades PK-5

school-card-donut-362449
7
/10
  • Dudley Elementary School

  • 7250 Brooks Mill Rd

  • 5.64 miles

  • Public District Grades PK-5

school-card-donut-362450
6
/10
  • Burnt Chimney Elementary School

  • 80 Burnt Chimney Rd

  • 8.55 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. The majority of Moneta, VA residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1994 Merriman Way Rd

What is the listing price of this property?

The listing price of 1994 Merriman Way Rd property is $7,500,000.

What type of property is this?

The property 1994 Merriman Way Rd is a house located in Moneta, Virginia, 24121.

Is this property for sale now?

Active Listing: 1994 Merriman Way Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1994 Merriman Way Rd has 5 bedrooms and 5 full and 4 half bathrooms.

What is the square footage of this property?

The property 1994 Merriman Way Rd is 13,557 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1994 Merriman Way Rd is 1968.
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Rocket Homes›Virginia›Bedford County›Moneta›24121›1994 Merriman Way Rd

This home is located at 1994 Merriman Way Rd in Moneta, VA and zip code 24121. This 13,557 square foot home, which was built in 1968, sits on a 11.00 acre lot. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $7,500,000.

Moneta, VA housing market in October 2024 saw over 7 listings sold above listed price, more than 6 sold at listed price and over 16 sold below. The inventory of homes for sale in Moneta, VA between September 2024 and October 2024 increased by 14%. While the average time on the market in October 2024 was 58 days, the median list price was $526,975.

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

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