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A rare Smith Mountain Lake offering where breathtaking views, exceptional waterfront amenities, and generations of cherished memories come together. Welcome to 413 Lakestone Road, an extraordinary 5-bedroom, 3-bath lakefront residence with some of the most captivating views on Smith Mountain Lake. Positioned to embrace the lake at every opportunity, this exceptional property was designed for gathering, entertaining, and enjoying the very best of waterfront living. The open and inviting kitchen serves as the heart of the home, providing an ideal setting for hosting family celebrations, holidays, and unforgettable gatherings with friends. Walls of windows and expansive outdoor living spaces invite you to continually take in the ever-changing lake views. The outdoor experience is truly exceptional. Step directly from the walk-out basement onto a generous patio area, or head upstairs to the expansive Trex decking and enjoy panoramic views from an elevated vantage point. At the water's edge, a substantial boat house offers THREE boat lifts, complemented by an additional swim dock"”creating a private waterfront playground for boating, swimming, relaxing, and making the most of every season on Smith Mountain Lake. Adding remarkable versatility is a charming 1-bedroom, 1-bath cottage on the property, offering a comfortable private space for guests, extended family, or a peaceful retreat. For generations, this has been a multigenerational family home"”a place where family traditions have been created and memories made. It has been meticulously cared for with an open-checkbook approach, and numerous significant updates provide peace of mind for its next chapter. Recent improvements include a NEW six-bedroom septic system, new HVAC, and NEW Trex decking, as well as fresh paint inside and out. This is more than a lake house"”it is a legacy property. A rare opportunity to own a substantial waterfront retreat with spectacular views, exceptional boating infrastructure and a separate guest cottage. This is a must see!
| DAYS ON MARKET | 1 | LAST UPDATED | 9/19/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1989 |
| COMMUNITY | 346 - Franklin County | COUNTY | Franklin |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Dudley |
|---|---|
| Jr. High School | Ben Franklin |
| High School | None |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric, Heat Pump, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer, Wine Cooler |
| AREA | 346 - Franklin County |
| BASEMENT | Partially Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Brick, Frame, HardiPlank Type |
| EXTERIOR | Dock, Storage |
| FIREPLACE | Yes |
| HEAT | Electric, Heat Pump, Zoned |
| INTERIOR | Bookcases, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Master Downstairs, Recessed Lighting, Walk-In Closet(s) |
| LOT | 3.5857 acre(s) |
| LOT DESCRIPTION | Cleared |
| PARKING | Carport, Off Street, Oversized |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 2 |
| STYLE | Ranch |
| SUBDIVISION | None |
| TAXES | 3977.5 |
| WATER | Well |
| WATER ACCESS | Smith Mountain Lake |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake, Waterfront |
| ZONING | R1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with BHG Base Camp
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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
Last Updated: 9/19/26 5:17 PM PDT
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