Smith Mountain Lake Area Off-Water Homes and Off-Water Lots
The area surrounding the property of Smith Mountain Lake is extremely beautiful. It is gently rolling and the Blue Ridge Mountains can be seen in just about any direction you look. The highest peaks in the area are called “The Peaks of Otter” and reach 4000’ above sea level and are located above the town of Bedford and can be seen from the Smith Mountain Lake area. The Blue Ridge Parkway and the Appalachian Trail also run along the top of the ridge.
There is an abundant amount of off-water property for sale that is within 30 minutes of Smith Mountain Lake that will offer a variety of views and terrain. There are also several communities that offer 5 acre tracts for sale for those who like to be out but not too far from your neighbor. If you like to be close to water and also like to see the mountains rising up to the sky, think about property in the Smith Mountain Lake area. There are several public boat ramps where you can launch your boat as well as several marinas where you can rent a slip to store your boat so you can be on the lake in a few minutes without the hassle of towing your boat around. Be close to your friends who own property on Smith Mountain Lake without the high cost.
Average Off-Water Lot of 1 acre in the Smith Mountain Lake area:
Approximately $15,000 – $50,000
Average Off-Water House on Above Lot, square footage ranging from 1400 – 3000sf:
Approximately $150,000 – $300,000
Numerous lots from 1 acre up are available in the price range of $10,000 – $15,000 per acre. Several larger lots ranging up to about 20 acres are available and are usually in the price range of $4,000 – $10,000 per acre depending on the view. Tracts that range up toward 50 acres will usually range in price from $2,000 – $5,000 per acre depending on the view and the slope.
Existing homes on these tracts will usually range from $250,000 and up.
Please Note: All above prices are approximate and vary depending on market condition as well as location, view, terrain and many other factors.
Smith Mountain Lake Property Types And Approximate Prices