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    73 Ivy Ln Union Hall, VA 24176

    New
    For Sale
    $274,500

    Developed - Union Hall, VA

    Lot size:
    0.87 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 73 Ivy Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.87 Acres

    Utilities

    Water front features
    Beach Front
    Water front
    1

    Building Details

    Architectural style
    Other

    Three Sisters Corporation Salem dba Wainwright & Co. - REALTORS (540) 387-5800 [email protected]

    Listing agent RAMONA SIMPSON (540) 719-5222

    Listing date Dec 12, 2025

    MLS# 910975 Listing URL

    Copyright © 2025 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.

    Overview

    Water View Lot in Union Hall

    This 0.87-acre lot offers long water views at Smith Mountain Lake. Located in The Retreat subdivision, a community of multi-million dollar homes, the property features a protected cove with a sandy beach. The dock placement provides ample water depth for boats. The lot is approved for an on-site 3-bedroom gravity septic system, and public water is provided by Western Virginia Water Authority. Recent survey stakes are visible. The location is convenient to shopping and restaurants on the south side of the lake. Owner financing may be available.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Spa & Massage Department Store Bar & Pub Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Union Hall
    County
    Franklin
    State
    Virginia
    Longitude
    -79.711449
    Latitude
    37.036751

    Nearby Similar for Sale

    • $4,300,000
      2.34 Acres

      Smith Mountain Lake Marina Opportunity

      Well-known marina with restaurant, fuel docks, and covered boat slips.
      2200 Old Salem School Rd, Union Hall, VA 24176
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with water views and beach access.
    Where is this residential land & home lot located?
    The property is located at 73 Ivy Ln Union Hall, VA.
    What is the asking price?
    The asking price for this property is $274,500.
    What are key features of this property?
    This property features: - Gorgeous long water view of Smith Mountain Lake.; - Protected cove with sandy beach, ideal for children.; - Ample water depth at the dock for boating.
    (540) 719-5222
    Request Owner's contact information
    73 Ivy Ln Union Hall, VA 24176
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    73 Ivy Ln Union Hall, VA 24176
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