540 Lakeshore Terrace Rd

4,169 Sq. Ft.
$234 / Sq. Ft.
4,169
Sq. Ft.
$234
per Sq. Ft.

Description

A meticulously cared for waterfront 4 Bed 3 Bath log-style home located in peaceful Lakeshore Terrace. 3,801-square-foot on 3 lots offers a blend of rustic charm and modern lakeside living. Large stone fireplace in the center of an open concept living plan. First floor primary bedroom, large back deck, walkout basement and 2 car garage overlooking a park like yard with tons of water frontage with 2 covered docks. Approximately 15 minutes from Roanoke but offers a nearby boat launch and picnic area...A meticulously cared for waterfront 4 Bed 3 Bath log-style home located in peaceful Lakeshore Terrace. 3,801-square-foot on 3 lots offers a blend of rustic charm and modern lakeside living. Large stone fireplace in the center of an open concept living plan. First floor primary bedroom, large back deck, walkout basement and 2 car garage overlooking a park like yard with tons of water frontage with 2 covered docks. Approximately 15 minutes from Roanoke but offers a nearby boat launch and picnic area accessible by golf cart. Location is Ideal for skiing, tubing, fishing and kayaking in a less trafficked area of the lake. 15 min to Westlake Center
  1. Listed by SUSAN BAILEY • LONG & FOSTER - ROANOKE OFFICE

Property Details for 540 Lakeshore Terrace Road

View
Mountain(s), Sunrise, Sunset, Lake
Waterfront Features
Main Channel
Subdivision Name
Lakeshore Terrace
Water Front
Yes
Covered Spaces
2.0
Water Body Name
Smith Mtn Lake
LISTING UPDATED: 04/20/2026 01:19 PM

Property Details for 540 Lakeshore Terrace Road

StatusActive
MLS #926659
Days on Market4
Taxes$3,849 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1993
Lot Size2.25 AC / 98,010 SF
CountyFranklin County

Location

Listing Courtesy of LONG & FOSTER - ROANOKE OFFICE, SUSAN BAILEY
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Building Information for 540 Lakeshore Terrace Road

Stories-Year Built1993Building Size-Lot Size2.25 AC / 98,010 SF

Payment Calculator

$5,230 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,910

Property Taxes

$321

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 540 Lakeshore Terrace Road

Summary
Location and General Information
  • Directions: 116 to Coopers Cove Road, Turn on Penick Place Rd at Lakeshore Terrace entrance, bear right to stay on Lakeshore Terrace Rd to home on left
  • MLS Area Major: 0490 - SML Franklin County
  • City: Hardy
  • State Or Province: VA
  • Postal Code: 24101
  • County Or Parish: Franklin County
  • MLS Area Minor: 0490 - SML Franklin County
  • General Property Description - Water Class: Waterfront Property
  • Water Acc Only A - Access - OnOff Site: On Site
  • General Property Description - Length of Waterfront: 303.0
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 001 01-074 00, 001 01-073 00, 001-01-075.0
  • Tax Block: 0
  • Tax Lot: 76
  • Tax Tract Or Section: 0
  • Tax Amount: $3,849
  • Location Legal Taxes - Phase: $5
  • Location Legal Taxes - Annual Taxes: $3,849
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Windy Gap
  • Middle Or Junior School: Ben Franklin Middle
  • High School: Franklin County
Parking
  • Parking Features: Paved Driveway, Garage Door Opener
  • Attached Garage: No
Virtual Tour
Property
Lot Information
  • Building Area Total: 4169.0
  • Lot Size Acres: 2.25
  • Lot Size Area: 2.25
  • Lot Size Units: Acres
  • Lot Size Square Feet: 98010.0
  • General Property Description - Total Acreage: 2.25
  • General Property Description - Entry Above Grd Fin SQFT: 1998.0
  • General Property Description - Upper Above Grd Fin SQFT: 544.0
  • General Property Description - Lower Below Grd Fin SQFT: 1276.0
  • General Property Description - Other Above Grd Fin SQFT: 0.0
  • General Property Description - Total Above Grd Fin SQFT: 2542.0
  • General Property Description - Grand Total Attached SQFT: 4169.0
  • General Property Description - Total Unfin SQFT: 351.0
  • Lot Description - Cleared: Yes
  • Lot Description - Gentle Slope: Yes
  • Unfinished Attached SQFT - Lower Below Grd Unfin SQFT: 351.0
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: Residential,Single Family Residence
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • General Property Description - Property Sub - Type: Single Family Residence
  • Property Type Label: Residential
  • General Property Description - Construction Status: Completed
Green Features
  • Green Energy Efficient: 2 X 6 Exterior Walls
Utilities
  • Sewer: Community System, Private Septic
  • Misc Features - Underground Util: Yes
  • Water Description - Community System: Yes
  • Internet Access - Cable: Yes
  • Water Htr Energy - Electric: Yes
Interior and Exterior Features
Exterior Features
  • Community Features: Marina Access
  • Construction Materials: Log, Stucco
  • Patio And Porch Features: Deck, Front Porch, Rear Porch
  • Exterior Features - Balcony: Yes
  • Exterior Features - Deck: Yes
  • Exterior Features - Paved Driveway: Yes
  • Boat Dock Desc - A - Roof: Yes
  • Boat Dock Desc - Floater: Yes
  • Boat Dock Desc - Stationary: Yes
Interior Features
  • Water Heater Type - Tank: Yes
  • Main Level Bedrooms: 1
  • Fireplaces Total: 1
  • Kitchen Appliances: Microwave Oven (Built In)
  • Cooling: Heat Pump Electric, Zoned, Central Air
  • Door Features: Insulated Storm, Insulated
  • Flooring: Tile, Wood
  • Heating: Zoned, Heat Pump Electric, Forced Air Electric
  • Interior Features: Walk-In Closet(s), Ceiling Fan(s), Cathedral Ceiling(s), Bookcases, Flue Available, Storage
  • Window Features: Insulated, Tilt-In
  • Main Level Bathrooms: 1
  • Basement: Full, Walk-Out Access
  • Baths Half: 1
  • Beds Total: 4
  • Baths Total: 3.1
  • Baths Full: 3
  • Rooms Total: 0
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 3.5
  • Bathrooms Total Notational: 3.1
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: Yes
  • General Property Description - Basement: Yes
  • Misc Features - Cable TV: Yes
  • Interior Features - Alarm: Yes
  • Interior Features - Book Shelves: Yes
  • Interior Features - Cathedral Ceiling: Yes
  • Interior Features - Ceiling Fan: Yes
  • Interior Features - Flue Available: Yes
  • Interior Features - Masonry Fireplace: Yes
  • Interior Features - Storage: Yes
  • Interior Features - Walk - in - Closet: Yes
  • Laundry - Laundry Lower Level: 1
  • Laundry - Laundry Upper Level: 0
  • Laundry - Laundry Other Level: 0
Rental
Rental Information
  • Leased Equipment - Security Alarm System: Yes

Property History for 540 Lakeshore Terrace Road

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Listed (Active)

Roanoke Valley Association of REALTORS #926659

$975,000
Jun 20, 2012

Sold (Public Record)

Public Record #429744498

$365,000

-3.8% / yr

Jan 31, 2007

Sold (Public Record)

Public Record #429518105

$450,000
Jan 31, 2007

Sold

Roanoke Valley Association of REALTORS #708015

$450,000
Dec 5, 2006

Pending

Roanoke Valley Association of REALTORS #708015

Sep 18, 2006

Listed (Active)

Roanoke Valley Association of REALTORS #708015

$469,000
Nov 16, 2003

Expired

Roanoke Valley Association of REALTORS #304828

Nov 16, 2003

Expired

Roanoke Valley Association of REALTORS #304248

Jun 4, 2003

Listed (Active)

Roanoke Valley Association of REALTORS #304828

$369,950
May 16, 2003

Listed (Active)

Roanoke Valley Association of REALTORS #304248

$369,950
DateEvent & SourcePrice
04/17/2026

Listed (Active)

Roanoke Valley Association of REALTORS #926659

$975,000
06/20/2012

Sold (Public Record)

Public Record #429744498

$365,000

-3.8% / yr

01/31/2007

Sold (Public Record)

Public Record #429518105

$450,000
01/31/2007

Sold

Roanoke Valley Association of REALTORS #708015

$450,000
12/05/2006

Pending

Roanoke Valley Association of REALTORS #708015

09/18/2006

Listed (Active)

Roanoke Valley Association of REALTORS #708015

$469,000
11/16/2003

Expired

Roanoke Valley Association of REALTORS #304828

11/16/2003

Expired

Roanoke Valley Association of REALTORS #304248

06/04/2003

Listed (Active)

Roanoke Valley Association of REALTORS #304828

$369,950
05/16/2003

Listed (Active)

Roanoke Valley Association of REALTORS #304248

$369,950

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 540 Lakeshore Terrace Road

Taxable ValueLand$70,000Additions$481,200Total$551,200
Tax Record2025$2,370 ($198 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt3,801 SqFtAbove Grade Finished SqFt2,525 SqFtFinished Basement SqFt1,276 SqFtStories2Lot Size32,670 SqFtStyleSingle Family ResidenceYear Built1993ZoningR1CountyFRANKLINAPN001 01-074 00Fireplace TypeHas Fireplace

Schools near 540 Lakeshore Terrace Road

This home is within Franklin County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Windy Gap Elementary School
PublicPK to 5

Ben. Franklin Middle-West
Public6 to 8

Franklin County High School
Public9 to 12

Burnt Chimney Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

540 Lakeshore Terrace Road is a single family home for sale in Hardy, VA 24101. This property was listed for sale on April 17, 2026 by LONG & FOSTER - ROANOKE OFFICE, it's currently listed at $975,000. It has been on the market for a total of 4 days and was last sold on June 20, 2012. This listing's school district is Franklin County Public Schools. Nearby schools include Windy Gap Elementary School, Ben. Franklin Middle-West and Franklin County High School. 540 Lakeshore Terrace Road is a 4-bed, 4-bath, 4,169 sqft single family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LONG & FOSTER - ROANOKE OFFICE, SUSAN BAILEY

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.