1156 Waterwheel DR, Moneta, VA 24121 (MLS# 899115)


$800,000
1156 Waterwheel DR
Moneta, VA 24121
MLS# 899115
3 baths


Waterwheel from back angle
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Waterwheel from back angle Waterwheel front angle with garage Waterwheel dock at sunrise Waterwheel party deck dock Waterwheel dock 2 & 3 Waterwheel front Waterwheel rear Waterwheel covered deck Waterwheel patio & garage Waterwheel patio at night Waterwheel rear patio Waterwheel patio entry Waterwheel dock Waterwheel dining area Waterwheel dining area & dining bar Waterwheel dining bar of eat in kitchen Waterwheel dining bar of eat in kitchen Waterwheel dining area from kitchen Waterwheel greatroom Waterwheel Greatroom 2 Waterwheel greatroom 3 Waterwheel hallway Trunk & chair do not convey Waterwheel guest bedroom 2 Waterwheel Guest bedroom Waterwheel bathroom 2 Waterwheel bathroom sink Waterwheel bathroom Waterwheel bathroom 3 Waterwheel Master bedroom Waterwhell master bedroom laundry Waterwheel snow view 20230615_115938 20230615_115953 20230615_120057 20230615_120142 20230615_120209 20230615_120213 20230615_120219 20230615_120259 20230615_120342 20230615_120409 20230615_120440 20230615_120445 20230615_120514 20230615_120547 20230615_120550 20230615_120618 20230615_120639 20230615_120712 20230615_120743 20230615_120820 20230615_121024 20230616_145247 20230616_145319 20230616_145338 20230616_145344 20230616_151022 20230616_151025 20230616_151039 20230616_151049 20230616_151147 20230616_151157 20230616_151202 20230616_151705 20230616_151731 20230616_151818 20230616_151827 20230616_151847 20230616_151913 20230616_151929 20230616_151932 20230616_151934 20230616_151945 20230616_152007 20230616_152026 20230616_152030 20230616_152045 20230616_152048 20230616_152059 20230616_152110 20230616_152112 20230616_152226 20230616_152229 20230616_152232 20230616_152238 20230616_153558

Property Description
Fabulous deep waterfront property w/ 321' of riprapped shoreline-astounding water views. Well maintained, partially furnished, cedar sided home is move-in ready or could be updated to transform into a more spectacular residence, vacation or rental or commercial business opportunity. Zoned PCD allows some commercial use. Greatroom w/ wood burning fireplace, kitchen & dining area & opens to covered deck, large Master BR w/ full bath & laundry closet. 2nd bedroom & full bath in hall. Lake level living room, full bath w/ laundry & a room that could be altered by adding doors for a 3rd bedroom. Catering kitchen w/ 2-220 outlets. Covered deck & paver stone patio.Gentle slope to double slip party deck dock, 2 pier docks-one w/ low covered boat slip. Windows & doors replaced in 2006.New HVAC 2018

Details
General Property Description
Construction Status: Completed
Total Acreage: 1.1
Road Frontage: 145
Flood Area: No
On site Parking: Yes
Basement Y/N: Yes
Parking Spaces: 6
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Gross Building SqFt: 2400
Length of Waterfront: 321
Lease Available: No
Year Built: 1972
Total Bths: 3
Location, Tax & Legal
Major Area: 06 - Bedford County
Subdivision Map: Lakeland Pines
Legal: Tax ID 232 3 16
Tax ID: 232 3 16
Annual Taxes: 1790.06
Zoning Code: PCD
Area: 0690 - SML Bedford County
Street Number: 1156
Street Name: Waterwheel
Street Suffix: DR
State/Province: VA
Zip Code: 24121
Municipality: Bedford County
Remarks & Misc
Directions: HFB, N 122 to first Right on Waterwheel Dr. to home on Left. Super Convenient Location - close to many fun lake activities at Bridgewater Plaza & restaurants!
Limited Service
Not Limited Service: 1
Construction
Wood: 1
Commercial Type
Investment: 1
Office: 1
Views
Lake: 1
Sunrise: 1
Business Type
Type of Business (Historical Field): Formerly Catering
Sale Includes
Building & Land: 1
Other - See Remarks: 1
Heating
Electric: 1
Miscellaneous Info
Ceiling Height: 8
Door Height: 7
Equipment Pass: Yes
Cooling
Electric: 1
Water Description
Private Water: 1
Documents Available
Survey: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Roof System
Metal: 1
Levels
One: 1
Internet Access
Cable: 1
Cur'nt Internet Prov: Xfinity/Comcast
Floors
Carpet: 1
Vinyl: 1
Boat Dock Desc
A-Roof: 1
Boat Hoist: 1
Floater: 1
Party Deck: 1
Stationary: 1
Water Features
Cove: 1
No Wake Area: 1
Riprap Shoreline: 1
Additional Features
Additional Buildings: 1
Other Water Details
Channel Marker: Cove off R28
Shoreline Mgmt Plan: Yes
Nbr of Covered Slips: 3
Short Term Rental: 1
Topography
Other - See Remarks: 1
Contract Information
Current Price: $800,000
Sold Price: $800,000
List Date: 2023-06-15
Status: Closed
Status Change Info
Ratified Contract Dt: 2023-07-03
Sold Date: 2023-07-31
Sold Price: $800,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Office
Sale Includes: Building & Land; Other - See Remarks
Construction: Wood
Roof System: Metal
Levels: One
Heating: Electric
Cooling: Electric
Floors: Carpet; Vinyl
Manufactured Homes: No HUD Tag
Additional Features: Additional Buildings
Water Description: Private Water
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Internet Access: Cable
Documents Available: Survey
Topography: Other - See Remarks
Views: Lake; Sunrise
Boat Dock Desc: A-Roof; Boat Hoist; Floater; Party Deck; Stationary
Water Features: Cove; No Wake Area; Riprap Shoreline
Other Water Details: Short Term Rental
Supplements
Additional Information about 1156 Waterwheel Drive 1.095 acre gently sloped lot. This lot is absolutely spectacular! ZONED PCD. No wake buoys in cove prior to reaching this property Gravel under grass driveway allows for driving a vehicle down the lake with large space to turn around Large shade trees include a Pecan tree & Magnolia tree among other varieties 321' of heavily riprapped shoreline (including wooded area to left of lot past the old chain link fence, when facing the lake - this lot goes almost to neighbors floating dock) Deep water at dock. Approximately 11' when measured at end of party deck dock Double slip party deck boat dock. One V-Hull Cradle & One Pontoon cradle. Large seating area on lower deck & huge party deck above (take care when walking on, as some boards need replacement. Maintenance of just replacing decking & rails would not require a dock permit- Confirmed with Nick Sink of AEP Shoreline Management who is inspecting the docks on 6/29/23 2nd dock- Low A-Roof for smaller boat with sling cradle & stationary area 3rd dock - stationary & floater with cleats for guest parking Sunrise views & big panoramic water views across to Bridgewater Bay. Views to Beechwood Shores from dock. More about the house Convey "as is" with no repairs made by seller. Buyer inspections are welcome. Furnished except for some personal items, clothing, mirror next to TV is master bedroom. Outdoor yard art (steel wheelbarrow, Gargoyle biting gator, concrete elephant, pink bird) greenstone pieces, contents of garage & storage shed (including on exterior) do not convey. 1972 Modular construction on 10" block walls & Cedar siding. Served by public sewer (pump alarm for grinder tank) & private well which was 12 GPM when installed in 2014 (near Magnolia). Meter on well to determine monthly sewer fees. Beautiful paver stone patios at homes entrance & to the garage. Single car insulated, heated & cooled garage - compressed dirt floor with linoleum over the floor. 14' X18' with oil heater & wall AC unit. 1200 SF on entry level & 1200 SF on lower level Two bedrooms & two full baths on main level. One area intended for a bedroom on lower level would need two doors added. Enter into dining area with glass block wall on the street facing wall. Kitchen with breakfast bar for dining. Older appliances. Main level great room with newer carpet open to dining area & kitchen with breakfast bar. Storage closet. Covered deck off great room & is also accessible from the entry patio. Two beautiful stone wood burning fireplaces with chimney caps- one on each level. Not used for many years by the current owner as they rented the home out at one time & did not want renters using them. No propane tank but fireplace could be converted a propane logs if desired. Hallway guest bedroom with lake views. Hallway linen closet & full bath, with porcelain tub/shower & tile surround. Large master bedroom with lake views, laundry closet & stackable washer & dryer (included). Small master bath with single sink & newer shower. Walk-in closet - could be enlarged if desired into alcove area to the right of it. So many options for this large master bedroom space. Newly carpeted stairs to lower level. Newly carpeting in large great room & optional 3rd bedroom area. Built in cabinets - this area could make an awesome wet bar area or bathroom enlargement if desired since it is right next to the bathroom. So many options for this space. Below stair storage closet Full bath with shower & laundry (washer & dryer included) Large dining area & former catering kitchen with triple sink station. Kegerator & refrigerator included. 2-220 outlets. Inspected by B. Co. when the owner had a houseboat catering business. Door from catering kitchen area, as well as the great room opens onto a beautiful, elevated paver stone patio. Mechanical closet off catering kitchen area. Complete (inside & out) HVAC/Heat Pump replaced in 2018. Golf cart covered parking area. Golf cart is gasoline powered & available for purchase if desired, but only after a contract to purchase has been ratified. Price being determined & available upon request. Age of Systems of home HVAC Heat PUMP 2018 Metal Roof - about 2008 -installed over good shingles offers added insulation. Installed over 1"x 2" batten board strips to elevate for ventilation. Current owner simply desired a metal roof. Well & 5 Micron Filter 2014 Well Pump & screen 2016 PCD Zoning Potential Option - NOT A Guarantee this could be done Teresa, the listing agent, spoke with Mariella at Bedford County Planning & Zoning after an inquiry as to whether this lot could be divided. We wanted to share that, we learned this lot could possibly be subdivided into 2 lots in order to build an additional home, etc. This is not something the current owner would consider doing or that should be written into an offer & would only be a potential future option for the new owner, if they wanted to attempt to divide the lot. A division of the lot may or may not be approved. The potential should simply be considered a potential bonus. There is no guarantee it could be done or approved. Additional fact finding & much consideration should take place prior to attempting it. Based on the survey plat the lot appears to meet the potential for two lots to have 75' of frontage on a public road since current frontage is 155.05 according to the plat. This lot is 1.10 acres, so is large enough to potentially achieve two lots meeting the minimum 20,000 SF requirement. A lot of survey work etc. would have to be completed to confirm this. First an application would need to be made with Planning & Zoning Dept. & then a public notice would be advertised & posted at the property regarding a public hearing before the Bedford County Planning Commission. If approved at that stage, it would then be sent to the Board of Supervisors for their final approval or another public hearing. This is my understanding of the process, but further fact finding should be made if a new owner has any interest in this. APCO Shoreline Management would also need to be contacted regarding what their requirement would be for insuring the current homes lot could keep the main dock & a new lot could add onto an existing dock or build a new dock, depending on the lot division line.

Listing Office: WAINWRIGHT & CO., REALTORS®- LAKE

Last Updated: September - 28 - 2024

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