540 Lakeshore Terrace Rd

Hardy, VA 24101

$925,000
Price
4
Beds
4,169 Sq. Ft.
$222 / Sq. Ft.
4,169
Sq. Ft.
$222
per Sq. Ft.
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540 Lakeshore Terrace
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lake
80-Floor Plan

Description

Lakefront property , 4 Bed 3 Bath log-style home in Lakeshore Terrace on 3 lots. Open concept living plan., first floor primary bedroom with newly renovated bath, large back trex double deck, walkout basement and 2 car garage. New stainless appliances and granite counter tops. A park like setting and tons of water frontage, 2 covered docks. Ideal for skiing, tubing, fishing and kayaking in a less trafficked area. 15 min to Westlake Center and Downtown RoanokeLakefront property , 4 Bed 3 Bath log-style home in Lakeshore Terrace on 3 lots. Open concept living plan., first floor primary bedroom with newly renovated bath, large back trex double deck, walkout basement and 2 car garage. New stainless appliances and granite counter tops. A park like setting and tons of water frontage, 2 covered docks. Ideal for skiing, tubing, fishing and kayaking in a less trafficked area. 15 min to Westlake Center and Downtown Roanoke
  1. Listed by SUSAN BAILEY • LONG & FOSTER - ROANOKE OFFICE

Property Details for 540 Lakeshore Terrace Road

View
Sunset, Sunrise, Mountain(s), Lake
Waterfront Features
Main Channel
Subdivision Name
Lakeshore Terrace
Water Front
Yes
Covered Spaces
2.0
Water Body Name
Smith Mtn Lake
LISTING UPDATED: 06/03/2026 08:35 PM

Property Details for 540 Lakeshore Terrace Road

StatusActive
MLS #926659
Days on Market49
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
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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

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$4,930 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,609

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

Price Change

Roanoke Valley Association of REALTORS #926659

$975,000—
Apr 17, 2026

Listed (Active)

Roanoke Valley Association of REALTORS #926659

$925,000—
Jun 20, 2012

Sold (Public Record)

Public Record #429744498

$365,000

-3.8% / yr

DateEvent & SourcePrice
04/17/2026

Price Change

Roanoke Valley Association of REALTORS #926659

$975,000
04/17/2026

Listed (Active)

Roanoke Valley Association of REALTORS #926659

$925,000
06/20/2012

Sold (Public Record)

Public Record #429744498

$365,000

-3.8% / yr

For completeness, we 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
Windy Gap Elementary School
Public - PK to 5
Benjamin Franklin Middle School
Public - 6 to 8
Franklin County High School
Public - 9 to 12
Burnt Chimney Elementary School
Public - PK to 5
Rating
School
Distance
Windy Gap Elementary School
PublicPK to 5

Benjamin Franklin Middle School
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.

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More information about 540 Lakeshore Terrace Road, Hardy, VA 24101

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 $925,000. It has been on the market for a total of 49 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, Benjamin Franklin Middle School 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.