Smith Mountain Lake Real Estate & Homes for Sale in Virginia
Nestled in the Blue Ridge Mountains of southwestern Virginia, Smith Mountain Lake is a fast-growing community of some 14,000. While residents enjoy the breathtaking scenery and a more leisurely lifestyle, the area's location along the borders of Bedford, Franklin and Pittsylvania provides easy access to cities in all three counties. Created in 1966 to generate electricity for the surrounding area, Smith Mountain Lake is the second largest lake in the state with more than 500 miles of gleaming shoreline. The area population includes full-time residents and retirees as well as those who own vacation homes. Obviously, the area offers incredible natural beauty and nearly unlimited recreational opportunities, but also provides its residents with good schools, a low crime rate and access to excellent health facilities. In addition to the immaculate neighborhoods and large mix of housing styles and prices, a mild climate, fresh air, peaceful neighborhoods and a strong sense of community are just a few of the factors that make Smith Mountain Lake a quality place to live.
The real estate market in Smith Mountain Lake is diverse with properties of all types and price ranges. Beautiful lakefront condominiums and townhouses start in the low $100,000s and range up to $400,000 and more for lakefront locations with views. Single-family homes start under $100,000 for two- and three-bedroom models and reach into the millions for large waterfront estate properties. Local subdivisions include Wolf Creek, Venable, Falling Creek, Goose Creek, Smith Mountain Parkway, Westview Avenue and North Hills. Land and lots are also available for custom building.