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3734 Lake Dr SW, Roanoke, VA, 24018

$1,800,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
4,562 SqFt
$395/SqFt
House

Location

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3734 Lake Dr SW, Roanoke$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport Detached, Off Street Parking
Year BuiltNew Const., 1860
HeatingHeat Pump
CoolingCentral Air
BasementYes
FireplaceDining Room, Living Room
ViewLake, Mountain(s)
MLS #901207
Lot Size7.13 Acres
StatusActive

About 3734 Lake Dr SW

Exquisite estate in Roanoke City situated on over 7 acres, offering stunning mountain & lake views. The property is designed for luxury living and includes features like a tennis court, fenced horse pastures, a horse barn, and a chicken coop. The landscape is lush with fruit trees, grapevines, and more. Inside the house, there's a remodeled gourmet kitchen and a large sunroom that leads to a patio for outdoor relaxation. The upper level has a primary suite with a private balcony, and three additional bedrooms. Additionally, there's a detached cottage with 2 bedrooms & 2 baths, attached to the horse barn, as well as a 1 bedroom & 1 bath apartment. This estate is perfect for those who appreciate luxury, nature, and space, and it offers a unique living experience in Roanoke City.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1860
  • Stories: 2
  • Living Area: 4,562 SqFt

Listing Office:

  • Office Name: LONG & FOSTER - OAK GROVE

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Dishwasher, Disposal, Microwave, Gas Range, Range Hood, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile - i.e. ceramic, Wood
  • Interior: Breakfast Area, Ceiling Fan, Gas Log Fireplace, Hot Tub, Walk-in-Closet, Wet Bar, Whirlpool Bath
  • Fireplace: Dining Room, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Lake, Mountain(s)
  • Exterior: Balcony, Barn, Bay Window, Patio, Paved Driveway, Sunroom, Tennis Court

Parking Information:

  • Parking: Carport Detached, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 7.13 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Mud Lick from Grandin, Left on Deyerle, Left on Lake Drive, Home on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $395/SqFt

HOA Fees:

  • Amount: $100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,285
  • Tax Year: 2021
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Housing Market Comparison

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

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Roanoke, VA

City

Med. Sold Price

$271.4K

Med. Price/SqFt

$162

Avg. Days On Market

8

# of Sold Homes

165

3734 Lake Dr SW vs Roanoke

451 DAYS ON ROCKET

+443 Days

$1,800,000

+$1.5M More

$395/SqFt

+$233 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $233/SqFt more than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #901207

Listing Office:

  • Office Name: LONG & FOSTER - OAK GROVE

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.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:50 AM 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
2021$8,285$679,100
2020$7,503$679,100
2019$7,493$679,100
2018$7,493$679,100
2017$7,397$679,100

History based on county public records data.

Payment Calculator

$9,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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-813206
8
/10

  • Oak Grove Elementary School

  • 5005 Grandin Road Ext

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-813207
7
/10

  • East Salem Elementary School

  • 1765 Roanoke Blvd

  • 1.45 miles

  • Public District Grades PK-5

school-card-donut-813208
9
/10

  • Grandin Court Elementary School

  • 2815 Spessard Ave SW

  • 1.65 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,686. Typical income of Roanoke, VA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3734 Lake Dr SW

What is the listing price of this property?

The listing price of 3734 Lake Dr SW property is $1,800,000.

What type of property is this?

The property 3734 Lake Dr SW is a house located in Roanoke, Virginia, 24018.

Is this property for sale now?

Active Listing: 3734 Lake Dr SW 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 2021 is $8,285 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3734 Lake Dr SW has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3734 Lake Dr SW is 4,562 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3734 Lake Dr SW is 1860.

Rocket Homes›Virginia›Roanoke County›Roanoke›24018›3734 Lake Dr SW

This home is located at 3734 Lake Dr SW in Roanoke, VA and zip code 24018 in the Greater Deyerle neighborhood. This 4,562 square foot home, which was built in 1860, sits on a 7.13 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 29, 2023 and is currently priced at $1,800,000.

Roanoke, VA housing market in October 2024 saw over 50 listings sold above listed price, more than 44 sold at listed price and over 71 sold below. The inventory of homes for sale in Roanoke, VA between September 2024 and October 2024 increased by 28.6%. The median list price of listings available in October 2024 was $271,431, while the average time on the real estate market was 8 days.

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

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