Lot 42 Oak Hollow Rd

Smith Mountain Lake Waterfront Investment Build, Rent, or HoldCapitalize on a rare waterfront opportunity on Smith Mountain Lake with this versatile property offering a proposed 4,036/- sq ft home featuring 4 bedrooms, 3 full baths, and 2 half baths. Situated on a gently sloping lot with 110 feet of waterfrontage, the property offers strong appeal for both resale and rental, enhanced by open water views and a location close to dining, shopping, and healthcare. Community amenities include a clubhouse, tennis courts, and short-term rental potential, increasing income opportunities. Builder-Ready Advantage: A preferred builder with pre-designed plans is available–helping reduce development timelines, control costs, and bring your investment to market faster. Multiple Exit Strategies: Build and sell for profit Hold as a short-term rental asset Purchase the lot only and build laterAdded Flexibility: The lot is also available for separate purchase, giving investors full control over build timing and strategy.