$345,000
Modern build with glass to the water
5 bd4 ba
4,000 sqft
150 ft shore
Floating dock
$2,300/ft
Wooded acreage with private shoreline on Smith Mountain Lake. Roughly 420 feet of owned shoreline on 4.13 acres, with 2 bedrooms across 1,700 square feet. No dock. Water clarity on Smith Mountain Lake averages around 12 feet and the lake is classified stable for water level. Dock and shoreline work fall under Appalachian Power Shoreline. This is a sample listing used to demonstrate the platform.
| Down payment | $84,000 |
| Closing costs (est. 2.4%) | $10,080 |
| Septic inspection & pump | $850 |
| Water quality testing | $400 |
| Waterfront home inspection | $800 |
| Survey (shoreline frontage) | $1,200 |
| Total | $97,330 |
| Principal & interest | $26,555 |
| Property taxes | $5,073 |
| Hazard insurance | $1,764 |
| Flood insurance | $2,400 |
| Utilities | $2,400 |
| Maintenance reserve (1.1%) | $4,620 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $2,520 |
| Total | $47,762 |