55 Walnut Trace Dr, Hardy, VA, 24101
About This Home
Spacious three-level home in a desirable lake-access community offering room for family and guests on every level. The kitchen has recently been updated with new granite countertops and refreshed finishes, creating a bright and functional space for everyday living and entertaining. Additional updates include improvements to the bathrooms, updated light fixtures, and fresh painting updates. The home is decorated as a 5-bedroom layout, providing flexibility for guests, home office space, or recreation needs.The upper level features an open loft area along with two bedrooms and a full bath, while the finished lower level offers a comfortable family room, an additional bedroom, and a full bath Bedrooms and bathrooms are thoughtfully located on every level to accommodate family and visitors.... Outdoor living is just as appealing, with a large rear deck offering seasonal filtered lake views and plenty of space for relaxing or gathering with friends. This property also includes exceptional storage and parking with an attached two-car garage plus an additional attached garage designed to accommodate another vehicle, RV, or boat and trailer. Located in a great community with lake access, the property includes assigned boat slip #9 at the on-site marina, making it easy to enjoy all that lake living has to offer. Two-zone high-efficiency Carrier heat pumps provide year-round comfort and efficiency. Convenient location to either Westlake or to Roanoke.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1996
Materials
- Construction materials: 'Dryvit' Type,Stone,Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Washer,Dishwasher,Humidifier,Electric Range,Refrigerator
Basement
- Has basement: Yes
Bedroom2
- Level: U
Bedroom3
- Level: U
Bedroom4
- Level: L
Bedroom5
- Level: L
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Den
- Level: U
Dining Room
- Level: E
Features
- Other - See Remarks,Storage
- Door features: Full View,Sliding Doors
- Window features: Insulated Windows,Screens
- Flooring: Carpet,Ceramic Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Great Room
- Fireplace: Yes
- Finished area below ground: 1,134
- Finished area above ground: 1,921
Foyer
- Level: E
Great Room
- Level: L
Heating & Cooling
- Heating features: Heat Pump Electric
- Cooling features: Heat Pump Electric
Interior Area
- Total structure area: 3,267
- Total interior livable area: 3,055 sqft
Kitchen
- Level: E
Laundry
- Level: E
Living Room
- Level: E
Mud Room
- Level: E
Other
- Level: U
Other
- Level: E
Other
- Level: L
Primary Bedroom
- Level: E
Property
Details
- Parcel number: 003 01077 00
- Other equipment: Intercom
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck,Patio
- Has view: Yes
- View description: Sunrise,Sunset
- Waterfront features: Water Access Only
- Waterbody name: Smith Mtn Lake
Lot
- Lot size: 1.69 Acres
Parking
- Total spaces: 3
- Parking features: Attached,Garage Attached,Paved,Garage Door Opener
- Has garage: Yes
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,438 | $41,256 |
| Home Insurance * | $163 | $1,956 |
| Property Taxes | $239 | $2,868 |
| Electricity | $294 | $3,531 |
| Total | $4,134 | $49,608 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $699,000 |
| 2016-07-08 | Sold | $309,500 |
| 2016-06-11 | Pending sale | $329,900 |
| 2015-03-16 | Listed for sale | $329,900 |
| 2014-11-04 | Listing removed | $329,000 |
| 2014-05-16 | Price change | $329,000 |
| 2014-03-04 | Price change | $339,000 |
| 2014-01-13 | Listed for sale | $329,900 |
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