$4,987 Closing Credit¹
#916317, Listing Office: LYONS TEAM, REALTORS(r)
$1,195,000 List price
1027 Waterwheel Dr Moneta, VA 24121
$10,000
Closing credit¹
3 beds
1 full, 2 partial
3,000 sqft
0.6 acres
$398 / sqft
House
Property details
About 1027 Waterwheel Dr
Lakefront Investment Property, Great Location. Zoned Commercial includes four Covered Docks w/lifts Building is divided into an upper and lower apartment/office with two meters. Perfect for office or for Partnership, Family or Friends to Purchaser for investment/apartments. Currently on a septic system, but Public Sewer is available for hookup. Great Visibility from Main Route 122 . Electronic Sign Conveys, Lower Level has private parking and upper level has private parking. All Inspections are for Purchasers Benefit at Purchasers Cost.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size3,000 sqft
BasementYes
Lot size0.64 Acres
Year builtNew Const., 1981
ParkingNot Applicable, N/A
MLS #906250
WaterfrontSouthern Exposure
ViewLake
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 1
- Appliances: Refrigerator
- Basement: Yes
- Flooring Type: Carpet, Tile - i.e. ceramic
- Total Bedroom Count: 3
- Parking: Not Applicable, N/A
- Waterfront: Southern Exposure
- View: Lake
- Exterior: Sunroom
- Architectural Style: Ranch
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $1,195,000
- Price/SqFt: $398
- Annual Tax Amount: $2,718
- Tax Year: 2024
- Directions: Cross Halesford Bridge from Franklin County onto Bedford County, turn Right onto Waterwheel to property on Right.
- Year Built: 1981
- Stories: 1
- Living Area: 3,000 SqFt
- Lot Size: 0.64 Acres
- MLS Number: 906250
- Office Name: LONG & FOSTER - SMITH MTN LAKE
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Last updated on: 5/7/2025, 4:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,195,000
1027 Waterwheel Dr
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $663,100 | $2,718 |
| 2023 | $331,550 | $2,718 |
| 2022 | $270,300 | $2,703 |
| 2021 | $540,600 | $2,703 |
| 2020 | $540,600 | $2,703 |
| 2019 | $540,600 | $2,703 |
History based on county public records data.
Nearby schools
6
Moneta Elementary School
Public District PK-5
3.8 mi
•12718 Moneta Rd
7
Dudley Elementary School
Public District PK-5
6.8 mi
•7250 Brooks Mill Rd
6
Burnt Chimney Elementary School
Public District PK-5
9.1 mi
•80 Burnt Chimney Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,986. The majority of Moneta, VA residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
26%
<35k
58%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
36%
Single, No Kids
9%
Single, with Kids
39%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
41%
35-64 yrs old
25%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Bass Pro Shops
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1027 Waterwheel Dr
The listing price of 1027 Waterwheel Dr property is $1,195,000.
The property 1027 Waterwheel Dr is a house located in Moneta, Virginia, 24121.
Active Listing: 1027 Waterwheel Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1027 Waterwheel Dr are: Moneta Elementary School (GreatSchools Rating 6/10), Dudley Elementary School (GreatSchools Rating 7/10), Burnt Chimney Elementary School (GreatSchools Rating 6/10), Staunton River Middle School (GreatSchools Rating 4/10), William Byrd Middle School (GreatSchools Rating 6/10), Benjamin Franklin Middle School (GreatSchools Rating 5/10), Staunton River High School (GreatSchools Rating 4/10), William Byrd High School (GreatSchools Rating 7/10), Franklin County High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,718 (source: MLS/based on county public records data).
The property at 1027 Waterwheel Dr has 3 bedrooms and 1 full and 2 half bathrooms.
The property 1027 Waterwheel Dr is 3,000 SqFt (source: MLS/tax record).
The year of construction for 1027 Waterwheel Dr is 1981.
This home is located at 1027 Waterwheel Dr in Moneta, VA and zip code 24121. This 3,000 square foot home, which was built in 1981, sits on a 0.64 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 1, 2024 and is currently priced at $1,195,000.
While more than 3 listings in Moneta, VA in April 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 12 were sold below. In April 2025 in Moneta, VA there were 18.5% more homes for sale than in March. In April 2025 median list price was $541,483 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.