Land for Sale in Moneta, Virginia

5 Acres of Deep-Water Waterfront on Smith Mountain Lake | Moneta, VA

Opportunities like this are becoming increasingly hard to find on Smith Mountain Lake.

Located just off Hickory Cove Dr in Bedford County, VA, this 5.00± acre waterfront tract offers the rare combination of acreage, privacy, deep water, and highly usable topography in one of Virginia's premier lake destinations. With wide west-facing lake views, mature hardwood timber, and a truly gently sloped landscape, this property is well-positioned for a luxury lake home, family retreat, or long-term legacy investment.

Unlike many waterfront tracts around the lake that feature steep terrain and limited usability, this property offers approximately 880 feet of gradual run with roughly 120 feet of elevation change--creating a far more manageable approach to the shoreline, future dock access, and multiple potential building locations. The gentle contour opens the door for easier site planning, expanded outdoor living areas, and a more functional overall layout for a future homesite.

The setting strikes a balance that many lake buyers search years to find: tucked inside a quiet deep-water cove for protection and privacy, yet only moments from the main channel for full access to boating, cruising, and waterfront destinations across Smith Mountain Lake.

As you walk the property, mature hardwoods create a peaceful canopy over the rolling terrain while long water views begin opening through the trees toward the western sky. The orientation of the tract provides exceptional sunset potential over the water--ideal for evening entertaining, dockside relaxation, or simply enjoying the slower pace that draws people to lake living in the Blue Ridge Mountains of Virginia.

This tract stands out as one of only a few larger-acreage waterfront opportunities currently available on Smith Mountain Lake. Properties combining this level of privacy, acreage, buildability, and water access are increasingly limited as the lake continues to mature and demand for premium waterfront land remains strong.

Smith Mountain Lake itself continues to gain national attention as both a recreation destination and second-home market. Recently ranked:

• #1 Best Lake for Boating, Fishing & Water Recreation (Best of the Blue Ridge, 2026)
• #2 Best Lake Beach in the U.S. (USA Today 10Best, 2025)
• Top 10 Places to Buy a Lake House (Evolve, 2023)

The property also benefits from convenient proximity to many of the lake's most desirable attractions and amenities, including:

• Hickory Hill Vineyards & The Landing Restaurant
• Wind Vineyards
• Virginia Dare Cruises & Marina
• Parkway Marina
• Smith Mountain Lake Airport
• Downtown Moneta

Convenient access to Roanoke, Lynchburg, and Bedford further enhances the property's appeal for both full-time living and second-home ownership.

Whether you envision a private family compound, a custom waterfront estate, or a long-term investment in one of Virginia's most sought-after lake markets, Lot 6 Clearwater Dr offers the scale, setting, and waterfront characteristics that are becoming increasingly difficult to replicate.