Big views of the Blackwater main channel from this beautiful waterfront lot in The Coves on Smith Mountain Lake. Nestled at the back of a deep water cove with a sandy beach. Build your dream home and enjoy not only the beauty of Smith Mountain Lake, but be a part of this exclusive community inspired by nature. This lot is ready to be built on and has a house plan approved, but can be easily changed. Complete details and owner financing available.
Property Details
Property Features
Listing Office:
Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Exterior Features
Exterior Information:
Waterfront: Beach, Bay, Channel
View: Lake, Mountain(s)
Lot Features
Lot Information:
Lot: Sloped Down
Lot Size: 1.33 Acres
Other
Directions Information:
Directions: Route 40 to Union Hall, turn onto Kemp Ford Rd, L on Standiford Rd, R on Rock Cliff Rd, L on Ivy Ln to R into community on Coves Rd, to lot on end on left.
Price Information
Listing Price Info
Price Summary:
List Price: $330,000
HOA Fees:
Amount: $1200
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Union Hall, VA.
This property is $520K less than the Median Sold Price in Union Hall, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #911764
Listing Office:
Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Although 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: 12/22/2024, 2:20:56 AM 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,815
Per Month
Principal & Interest
$1,648
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$100
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,056
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Dudley Elementary School
7250 Brooks Mill Rd
Distance between this listing and this school3.70 miles
Public District Grades PK-5
7
/10
Glade Hill Elementary School
8081 Old Franklin Tpke
Distance between this listing and this school3.99 miles
Public District Grades PK-5
6
/10
Burnt Chimney Elementary School
80 Burnt Chimney Rd
Distance between this listing and this school7.39 miles
Public District Grades PK-5
Nearby Schools
5
/10
Benjamin Franklin Middle School
225 Middle School Rd
Distance between this listing and this school9.72 miles
Public District Grades 6-8
4
/10
Staunton River Middle School
1293 Golden Eagle Dr
Distance between this listing and this school14.89 miles
Public District Grades 6-8
6
/10
William Byrd Middle School
2910 E Washington Ave
Distance between this listing and this school19.07 miles
Public District Grades 6-8
Nearby Schools
3
/10
Franklin County High School
700 Tanyard Rd
Distance between this listing and this school9.54 miles
Public District Grades 9-12
4
/10
Staunton River High School
1095 Golden Eagle Dr
Distance between this listing and this school14.96 miles
Public District Grades 9-12
7
/10
William Byrd High School
2902 E Washington Ave
Distance between this listing and this school18.97 miles
The neighbors living near this home have an average income of $50,876. Typical income of Union Hall, VA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT74 Coves Rd
What is the listing price of this property?
The listing price of LOT74 Coves Rd property is $330,000.
What type of property is this?
The property LOT74 Coves Rd is land located in Union Hall, Virginia, 24176.
Is this property for sale now?
Active Listing: LOT74 Coves Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT74 Coves Rd in Union Hall, VA and zip code 24176. This home sits on a 1.33 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $330,000.
While more than 2 listings in Union Hall, VA in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 6 were sold below. In November 2024 in Union Hall, VA there were 1.7% less homes for sale than in October 2024. Listings spent 39 days on the market in November 2024, and had a median list price of $850,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.