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Is Smith Mountain Lake a good investment?

Is Smith Mountain Lake a good investment?

“These properties offer incredible development and investment opportunities and include a 5.16±-acre lakefront property, residential development opportunities, commercial acreage, and 12 individual lots that are ready to build on and will sell at or above $5,000 each,” Motleys said.

Who Built Smith Mountain Lake?

The lake was created in 1963 by the Smith Mountain Dam impounding the Roanoke River. The majority of the south shore of the lake lies in Franklin County while a small portion, including access to the dam, lies in Pittsylvania County.

Where is Smith Mountain Lake?

Located in central Virginia along the Blue Ridge Mountains, Smith Mountain Lake is equidistant from Roanoke and Lynchburg. The lake is a short 4-hour drive southwest of Washington D.C. and two hours north of Raleigh, NC.

What is the population of Smith Mountain Lake?

about 21,000
Smith Mountain Lake is home to about 21,000 permanent residents. It covers parts of three Virginia counties: Franklin County, Bedford County, and Pittsylvania County.

Are there houses under Smith Mountain Lake?

A: There is no evidence of a town under Smith Mountain Lake, but there are websites suggesting that the town of “Monroe” was submerged when the lake filled. The lake covers 20,600 acres that were mostly farm land and residences.

Is Smith Mountain Lake man made?

Smith Mountain Lake is unique because it is a man-made lake, unlike Virginia’s two natural lakes, Mountain Lake in Giles County and Lake Drummond in the Dismal Swamp in Chesapeake and Suffolk.

What is full pond at Smith Mountain Lake?

795 feet
The normal full pond elevation at Smith Mountain is 795 feet but the normal operating range under full pond conditions is considered to be between 793 feet and 795 feet because of the two-foot power pool. Normal operating range for Leesville is between 600 feet and 613 feet.

Why is Smith Mountain Lake so low?

Under low in-flow conditions, the pond elevation at Smith Mountain can fall below 793 feet. The Roanoke River flows from the Valley and Ridge physiographic province, through a gap in the Blue Ridge, and is trapped in the lake by Smith Mountain Dam on the border of Pittsylvania and Bedford counties.

What is the weather in Smith Mountain Lake?

They want to know what average temperatures are, and what each season at the lake is like. The great thing about Smith Mountain Lake weather is that you can enjoy a comfortable, temperate climate year-round, with temperatures ranging primarily between 40 and 80 degrees, yet still enjoy four distinct seasons.

Where is Smith Mountain?

Smith Mountain Fire Tower and Trails are located just outside Dadeville, Alabama, just off Youngs Ferry Road. Walker Bynum Smith Mountain Tower Trail – From the Parking Lot it is a steep 0.4 mile climb to the base of the tower. A sign on the West side of the tower points to the return trail to the parking lot.

Where is Smith Mountain Lake in Virginia?

Smith Mountain Lake, Virginia’s second largest freshwater lake with 500 miles of shore line, is only 40 miles Southeast of Roanoke and 40 miles Southwest of Lynchburg. Smith Mountain was created in 1963. The inflow source of this reservoir is the Roanoke River and is 55 feet deep.

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