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42 Peaks View Dr, Moneta, VA, 24121

4beds
3baths
2,872sqft
$749,000
$261price/sqft
$4,542/moest. monthly cost
$181,680/yrincome needed

About This Home

GREAT NEW PRICE!! Imagine waking up to breathtaking views of Fairway #9 at The Waterfront golf course, a peaceful pond, the mountains, & the unforgettable, jaw-dropping Smith Mountain Lake sunsets. This beautiful 2-story home offers 4 bedrooms, 3 full baths, lake access, & perfect blend of comfort, style, and recreation.Whether you're spending the day boating and floating on the lake or relaxing on your back patio or screened in porch, this home has something for everyone.Recent updates and features include:New pergola Professional landscaping with concrete edging,Updated exterior lighting,Newly fenced backyard,Exterior freshly painted last year,New flooring throughout the main level and most of the upper levelNew tile backsplash, Fresh interior paint throughout Remodeled primary closet with custom built-ins Fireplaces added in the primary bedroom and great room New washer and dryer Hot tub (less than 5 years old) New light fixtures and ceiling fans His-and-hers home offices Additional bonus room for workout room, storage, nursery or whatever you need This exceptional home truly has it all--spectacular views, thoughtful updates, lake access, and plenty of flexible living space. Don't miss your opportunity to see it in person! Join us for our Open House on Saturday, July 18, from 11:00 AM to 2:00 PM.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

6/10
Dudley Elementary SchoolGrades PK-54.7 mi
7/10
4/10
Franklin County High SchoolGrades 9-1213.2 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 2001

Materials

  • Construction materials: HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Dishwasher,Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: E

Family Room

  • Level: E

Features

  • Breakfast Area
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Master Bedroom
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,872

Foyer

  • Level: U

Great Room

  • Level: E

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 2,872
  • Total interior livable area: 2,872 sqft

Kitchen

  • Level: U

Laundry

  • Level: U

Library

  • Level: E

Office

  • Level: E

Office

  • Level: U

Other

  • Level: E

Sun Room

  • Level: E

Property

Details

  • Parcel number: 030 06054 00
  • Zoning: R-PD

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Rear Porch
  • Exterior features: Sunroom
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Fenced
  • Has view: Yes
  • View description: Golf Course,Sunset
  • Waterfront features: Water Access Only,Pond
  • Waterbody name: Smith Mtn Lake

Lot

  • Lot size: 0.44 Acres
  • Features: Gentle Sloping,Views,On Golf Course
  • Lot size dimensions: 100X190

Parking

  • Total spaces: 6
  • Parking features: Attached,Paved,Garage Door Opener
  • Has garage: Yes
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Lightning
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $3,787$45,444
Home Insurance *$216$2,592
Property Taxes $263$3,156
Electricity $276$3,319
Total$4,542$54,504
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$155,725/yr
40% on housing$136,260/yr
45% on housing$121,120/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$261This listing

vs Other Active Listings

Avg $/sqft

ZIP 24121$298
Franklin County$240

vs Homes Sold Last Month

Median $/sqft

ZIP 24121$239
Franklin County$174

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

DateEventPrice
2026-08-15Price change$699,000
2026-08-03Price change$749,000
2026-07-16Listed for sale$769,900
2023-02-21Sold$459,000
2023-01-16Pending sale$449,900
2023-01-13Listed for sale$449,900
2021-10-13Sold$418,400
2021-08-23Pending sale$428,400
2021-08-13Price change$428,400
2021-07-19Listed for sale$428,900
2005-08-05Sold$355,000

For Sale by Agent

AgentRHONDA B BLANKENSHIP
BrokerageLONG & FOSTER - SMITH MTN LAKE

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