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Waterfront Land with Development Approval
For Sale
$6,950,000

1161/1165 Graves Harbor Trl, Huddleston, VA 24104

Land, Huddleston, VA

Property Size5,000 SF
Lot Size10.23 Acres
Price / SF$1,390
Days on Market136

Property Features for 1161/1165 Graves Harbor Trl

General Information

Property type Land
Property subtype Other
Lot features Gentle Sloping, Level, Gentle Sloping, Level
View Lake
Elementary school Huddleston
Middle school Staunton River
High school Staunton River
Directions From Smith Mountain Lake Parkway, Left Deer Trail Rd, Right Lake Retreat, Right Graves Harbor.
Subdivision 0690 - SML Bedford County
Standard status Active
APN 250 6 D1 & 250 6 D2
Lot size 10.23 Acres

Taxes and HOA fees

Tax Annual Amount 5641

Utilities

Sewer type Public Sewer
Water source Public
Water front features Waterfront, Beach Front
Water front 1
Listing Agency: RE/MAX LAKEFRONT REALTY INC · RE/MAX International
Listed By: CRAIG R WILSON · License #0225250882
Added: May 8 Changed: Sep 13 Last Checked: Sep 20 at 1:06AM
MLS# 927376

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10.23-acre waterfront property comprises two parcels with 885 feet of combined shoreline. The Planned Residential Development designation permits both commercial and residential uses, with preliminary approval for 100 townhomes, including 25 lakefront units. Short-term rentals are allowed, and there is no POA.

Existing improvements include a 2-car garage, a 5000 square foot pavilion with commercial bathrooms, and a flat paved parking lot with 290 spaces. The pavilion could be converted for event, office, or similar uses. Curb and gutter improvements and stormwater management are already in place.

Public water and public sewer are available. Waterfront features include beach frontage, and the property is located at 1161/1165 Graves Harbor Trl in Huddleston, Virginia.

Key Highlights

  • 10.23 acres across two parcels with 885 feet of combined shoreline
  • Preliminary approval for 100 townhomes, including 25 lakefront units
  • Planned Residential Development allows commercial and residential uses

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Law Firm Gym & Fitness Center Restaurant Department Store Bar & Pub Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 24104, VA

3,551
Population
2,526
Households
1.4
Avg Household Size
55
Median Age
34%
College-Educated
92%
High-School Grad
73.9 sq mi
ZIP Area
48
Density / Sq Mi
$70,707
Median Household Income
$35,980
Median Earnings
$883
Median Rent
$290,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Planned Residential Development supports commercial and residential uses with public water and sewer available.
Where is this waterfront land located?
The property is located at 1161/1165 Graves Harbor Trl Huddleston, VA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: 10.23 acres across two parcels with 885 feet of combined shoreline; Preliminary approval for 100 townhomes, including 25 lakefront units; Planned Residential Development allows commercial and residential uses
More about this property
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