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Longview at Smith Mountain Lake

The last Large Scale Development opportunity on Smith Mountain Lake...Hotel? Condo?

Listing Contacts

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Asking Price: $6,950,000
Earnest Money  Deposit: 10% min.
Listing Broker NameTim Basham

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Address (2 locations)

1165 Graves Harbor Trail, Huddleston, VA 24104

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1161 Graves Harbor Trail, Huddleston, VA 24104

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Date Added
Nov 23, 2024
Days on Market
118 days
Time Since Last Update
56 days

Details

Property TypeMultifamily, Hospitality, Special Purpose
SubtypeApartment Building, Hotel, Marina
ClassA
TenancyVacant
Buildings1
Stories1
ZoningPRD
OwnershipOwner/Agent

Marketing Description

“Longview” - Prime 10+-Acre Waterfront Development Opportunity on Smith Mountain Lake

 

Presenting Longview, a rare and remarkable 10-acre waterfront parcel on the pristine shores of Smith Mountain Lake, perfectly suited for a large-scale residential development (condos, townhouses, etc.​).​ Over 885+ Feet of Shoreline! One of the last large parcels available for high density development left on the lake.​ 

 

Property zoning is Planned Residential Development (PRD) intended to allow greater flexibility than is generally possible under conventional zoning district regulations by encouraging ingenuity, imagination and high-quality design to create a superior living environment.​  Developer Friendly Bedford County Government allows Special Use Permits for PRD including Hospitality, Healthcare, Office, Retail or Service uses (multifamily, condos, townhomes, hotel, marina, educational and religious assemblies, office uses, indoor/outdoor entertainment).​ 

 

Situated in the heart of Mariners Landing Golf Community, this unique property offers an unparalleled blend of long lake views complemented by stunning mountain vistas—providing the ideal setting for a destination of distinction.​

 

Property Highlights:

•               Zoning: Planned Residential Development (PRD), allowing for both commercial and residential uses.​  from luxury condos to a full-scale hospitality project.​

•               Utilities: Public water and sewer connections are available, ensuring ease of development.​

•               Exceptional Views: The property boasts expansive water and mountain views, making every vantage point a picturesque experience.​

•               Shoreline – Over 885+ Linear Feet of Pristine Smith Mountain Lake Shoreline!  Existing 100 ft pier - developer can apply for new Shoreline and higher density docking plan that better aligns to project.​

•               Elevated Building Potential: One of the few sites on Smith Mountain Lake permitting multi-story structures, maximizing the potential for breathtaking panoramic views from every level.​

•               No POA Restrictions: Freedom from Property Owners’ Association restrictions allows greater flexibility in project design and operations.​

•               Prime Location: Nestled in Mariners Landing Golf Community, known for its blend of lakeside charm and accessibility to local amenities.​

•               Existing Buildings and Infrastructure:  Large existing Highrise Foundation resides on property (incorporate into your design or knock it down and start fresh).​  Currently a 100-foot pier, 3+ acre lighted parking lot, garage and a 110 ft X 50 ft large pavilion with power and commercial bathrooms which be converted to event center, storage, office, etc.​  Previous Owner has renderings of potential uses.​  Approximately 3 acres of paved parking lots with curb, gutter and stormwater management in place.​

Priced at $6.95 million, Longview represents a once-in-a-lifetime opportunity for developers and investors looking to make a lasting mark on Smith Mountain Lake’s landscape.​ This site combines natural beauty with the convenience and flexibility needed to create an iconic lakeside development.​ Don’t miss this chance to shape the future of Smith Mountain Lake living.​

Known as the “Jewel of the Blue Ridge Mountains” and Recently dubbed the “Lake Tahoe of the East” by Travel and Leisure magazine, Smith Mountain Lake is Regional favorite vacation destination with more than 500 miles of scenic shoreline spanning 40 miles, and is a popular boating, hiking, fishing, and swimming destination.​ The second largest body of water in Virginia with excellent recreational opportunities year round.​ Other nearby attractions include regional wineries, historical attractions, boutique shopping, local restaurants, and convenient access to medical facilities and institutes of higher learning.​ Smith Mountain Lake is an idyllic location for vacationing as well as year-round living.​

Currently no hotels exist on the water and no major hospitality brands exist within 25 miles of the lake making this site ideal for a major or boutique hotel brand.​

Waterfront location, available infrastructure and higher density possibilities offer premier condo, or multifamily residential opportunities!

Smith Mountain Lake is well positioned regionally (Lynchburg and Roanoke (25 miles), Raleigh, NC (122 miles), Richmond (140 miles), Charlotte, NC (190 miles), DC/Maryland/Northern Virginia (215 miles), Philadelphia, PA (345 miles), New York, NY (464 miles).​ 

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Broker Name
Tim Basham
Broker License
0225038339
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