Listing Details

Description: Two parcels for a total of 10+ acres with a combined shoreline of 885 Feet. Planned Residential Development (PRD) allows for both commercial and residential uses. Preliminary Approval for a density of 100 Townhomes (25 Lakefront). Seller willing to participate in a structured sale or deal via reduced basis and retained equity or JV with land basis contribution. One of the last few large parcels available for high density development left on the lake/ Public Water & Sewer Available. Exceptional views, NO POA, existing buildings & infrastructure including a 2 car garage, 5000 sq ft Pavilion with Commercial Bathrooms which can be converted to event center, office space, etc. & flat paved parking lot (290 Spaces) with curb/gutter/stormwater management. Short Term Rentals Allowed

Directions: From Smith Mountain Lake Parkway, Left Deer Trail Rd, Right Lake Retreat, Right Graves Harbor.