0.42-Acre Homesite Near Smith Mountain Lake – Public Water, Rolling Terrain & Frontage On Chestnut Dr In Franklin County, VA

Nestled in the sought-after Lynville On The Lake community in Franklin County, Virginia, this 0.42-acre lot offers a peaceful, wooded setting just minutes from Smith Mountain Lake. Zoned R-1 for residential use, this parcel gives you a manageable, ready-to-enjoy piece of land in a well-established subdivision, ideal for a buyer looking for an easy entry point into the Smith Mountain Lake area market.

PROPERTY HIGHLIGHTS:

- 0.42 acres of gently rolling, wooded terrain in Franklin County, VA

- Many of the lots in this subdivision are too steep to build on, but for this property, that is absolutely not the case.

- Located within the Lynville On The Lake subdivision, a quiet, established residential community

- Approximately 100 feet of frontage along Chestnut Dr, a privately maintained road

- Zoned R-1 (Residential Suburban Subdivision District)

- Public water available through the Lynville On The Lake Homeowners Association's community water system

- Electricity available nearby in the street

- We see no reason this lot could not be built on once connected to public water, subject to the buyer's own verification with Franklin County; a septic system and perc test would need to be arranged, as we found no septic records currently on this lot

- Not in a flood zone

- Our research indicates the property is part of the Lynville On The Lake HOA, which maintains the community water system; annual HOA dues and water availability fees apply, and buyers should verify current amounts directly with the HOA

- Not subdividable further under current lot size rules — ideal as a single homesite rather than a development play

- Zoned for Windy Gap Elementary, Benjamin Franklin Middle School, and Franklin County High School

- Tucked into a quiet, low-traffic pocket of Franklin County, within easy reach of Smith Mountain Lake, Westlake Corner, and the town of Hardy, VA for shopping, dining, marinas, and lake recreation

- No adjoining public lands, and our research found no discrepancies between the county GIS, deed, and mapping platforms for this parcel's boundaries

- Taxes are current and modest, keeping annual holding costs low

- Paid-in-full lot with no back taxes or land-use rollback concerns to worry about

This is a great opportunity to secure an affordable homesite in an established Franklin County subdivision close to Smith Mountain Lake. Whether you're looking to build a getaway cabin, hold the lot as a long-term investment, or bring your own homestead plans to life on a smaller, easy-to-manage parcel, this lot in Lynville On The Lake is ready for its next owner. Buyers should independently verify zoning, utility hookup, septic/perc requirements, and HOA details with Franklin County and the HOA before closing. Don't miss your chance to own a piece of Franklin County, Virginia, near Smith Mountain Lake — reach out today to learn more about this property and take the next step toward making it yours!

Link To Google Map Directions: ,-79.7623749,898m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d37.1859!4d-79.7598

County GIS Website Link:

Link to Map of Property:

Address: TBD Chestnut Dr, Hardy, VA, 24101

County: Franklin

Acres: 0.42 Acres (Raw Land)

Coordinates: 37.1859, -79.7598

Parcel #: 0120121600

Yearly Estimated Taxes: $30.96

Elevation: 1031 FT

Property Dimensions: 92.49 FT X 197.08 FT X 56.39 FT X 44.70 FT X 186.64 FT

Zoning: RESIDENTIAL SUBURBAN SUBDIVISION DISTRICT (R-1)

County Planning and zoning phone #: 540-483-3027, ext. 2427

Link to zoning info on county website:

Does this property have an HOA?: Yes

Does this property have a survey?: No

Elementary school: Windy Gap Elementary School

Middle school: Benjamin Franklin Middle School

High school: Franklin County High

Phone # for electric company: Appalachian Power Company - (800) 956-4237

Legal Description: Lynville On The Lake Lot 39 Sec 3

Property ID: VA-Franklin-0.42-RJ-2026