Island Living at the lake This eight-plus acre island is one of the landmark properties on the ‘Jewel of the Blue Ridge,’ Smith Mountain Lake. It is located on the Blackwater River as it opens to main body of the lake. As it is situated in the middle of the river, the sun rises in the east coming up from behind Smith Mountain. In the foreground is The Waters Edge Golf Course and Country Club. Looking down the main channel of the lake to the West, the breathtaking Sunsets are different every day and the Blue Ridge Mountains create the perfect vista for filling your spirit.

Smith Mountain Lake has over 22,000 acres of sparkling waters with over 500 miles of shoreline. There are numerous championship Golf courses, waterfront homes of all types of architecture and rolling farmland surround this amazing boating, skiing, and personal watercraft enthusiasts dream. It has been called the Lake Tahoe of the East. Just a few reasons this is one of the most desirable locations to live are, Crystal clean waters, majestic mountains, consistent water levels, four distinct Seasons without the violent weather patterns of the coast, and a very moderate year round climate.

This is a thriving, caring, lake community blends the best of small town with city, and rural countryside and a lively lake lifestyle.

What the lake is famous for This clear, deepwater highland reservoir is most famous for its fishing with Striped Bass up to 50 pounds, both Largemouth & Smallmouth Bass, Crappie, Walleye, Bluegill, and an occasional Muskie to keep you always fishing for more. The Professional B.A.S.S. Fishing Tour is now holding regional tournaments here as well.

Events such as the annual Poker Run, Charity Home Tour, Smith Mtn. Lake Wine Festival, and many more, keep life at the lake a changing lifestyle you can enjoy year-round.

One can travel by boat to waterfront restaurants, shops, and art galleries. Another unique lake event is Boat church… just a short boat-ride with loyal members enjoying church on Sundays while floating in their boats from May-September.

Area Attractions The area features Roanoke as ‘The Star City of the South,’ with Lynchburg and Martinsville completing the urban geographic triangle. Other smaller communities and areas of interest are the Blue Ridge Parkway with many hiking trails and Wineries and the Peaks of Otter. Bedford hosts the National D-Day Memorial, Lynchburg boasts Thomas Jefferson’s Polar Forest, and Franklin County holds the Booker T. Washington National Monument and Virginia’s Blue Ridge Institute near Rocky Mount. There are just a few reasons why this are is growing in popularity as one of the nation’s top 10 Retirement areas. More than a resort area, it’s a favorite for baby boomers looking for that place to wind-down, but not entirely, you can always get out and have some fun! Lush green rolling hills are surrounded by mountains and provide a great place to relax and enjoy the ever-changing water views.

Investment Value Low real estate taxes with unheard-of appreciation keeps this one of the best kept secrets of the well-to-do. Land and Home Appreciation of 15-20% increases have not been uncommon in the last 5 years. The market here has been especially hot for real estate due to the high-demand and low inventory.

Second homes are very much sought after here, including the newer Low Maintenance options such as Townhomes and Condos. With the maturing baby-boomer population, researchers said they expect the market for second home buyers to Double, from 5.8 million in 2000, to 11.4 million in 2009. As an Investor, this positions Smith Mountain Lake as one of the most desirable locations to be in the eastern United States.

Christmas Tree Island is perfectly suited an Estate Home with Pool, Landscaping and Gardens. There are already two natural beaches, one on each side of the island. Pines adorn most of this natural setting with plenty of room for professional landscape plans to take advantage of its gorgeous vistas. Million-dollar properties are not uncommon here, making this an ideal project for the Investor who dares to dream big - providing a Big Return-On-Investment!

Offered for the very first time at $2.4 million…not in the Multiple Listing Service.