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518 Ridgelake RD

Goodview, VA 24095

2 beds
2 baths
924 sqft
~3/4 acre lot
$432 per sqft
1993 build

Affordable Lakefront Escape - Turnkey & Income-Ready!Looking for an affordable lakefront getaway that checks all the boxes? This cozy, fully furnished 2BR/2BA cottage is tucked in a quiet cove with 164 feet of shoreline and offers year-round relaxation plus short-term rental potential. Previously listed on Airbnb and VRBO, it brought in over $50K during 3 of the past 5 years--and that's before the latest updates!Comfortably sleeps 8, featuring double sinks in the main bath and a convenient stackable washer & dryer. Enjoy mornings with a cup of coffee or evenings with a glass of wine in the screened-in porch overlooking the water.Outside, the sunny deck is ideal for grilling and lounging. A second driveway leads to a cozy fire pit. You won't want to miss catching the evening

Listing courtesy of RVAR / JADA A. TURNER / BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last checked: Checking… • Last updated May 29, 2025 •

MLS# 917582 —

The Building

Year Built:

1993
Construction:

manufactured
Style of House:

Ranch
Porch:

rear
Basement:

crawl space
Basement:

none
Manufactured:

Single Wide
924 Sqft

Finished Living Area
Entry SqFt:

924.00

Interior

Floors:

ceramic tile, vinyl
Laundry Entry Level:

1

Location

Directions:

Booker T. Washington Hwy (122) to Diamond Hill, L Horseshoe Bend, R Goodview Rd, L Thomasson Mill Rd, L Ridgelake, home on left
Subdivision Map:

Lake Ridge

The Property

Property Type:

A
Lot Description:

down slope
Exterior Features:

deck, screened porch
Views:

lake
0.69

Acres Total:
Water Features:

cove
Water Class:

waterfront property
Length of Waterfront:

164.00
Water Details Channel Marker:

R52 BE1

Listing Agent

Contact info:

Taxes

Tax ID:

192 11 19
Annual Property Taxes:

$697.41

Beds

2

Total:
Bedrooms Entry Level:

2
Master Bedroom Entry Level:

1

Baths

2

Total:
2

Full Baths:
Full Baths Entry Level:

2

Heating & Cooling

Heating:

electric heat pump
Cooling:

central cooling

Utilities

Sewer Description:

Private Septic
Water:

private well
Water ID:

Smith Mtn Lake
Water Details:

short term rental
Internet Access:

cable
Internet Access Current Internet Provider:

Xfinity

Appliances

Appliances:

dryer, washer, dishwasher, Microwave Oven (Built In), Range Electric, refrigerator

Schools

Elementary School:

Goodview
Middle School:

Staunton River
High School:

Staunton River

The Community

Subdivision:

Lake Ridge
Condo Association:

No

Parking

Covered Parking:

n/a

Monthly cost estimate

Asking price

$399,900

Expense	Monthly cost
Mortgage	$2,141
Taxes	$58
Insurance	$109
Utilities	$120 See report
Total	$2,428/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/23/25 May 23, 2025	Listed / Active	RVAR	$399,900	0.2% (0.1% / YR)
9/25/24 Sep 25, 2024	Price Changed	RVAR
7/30/24 Jul 30, 2024	Relisted	RVAR

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This house located in VA 24095 is currently for sale for $399,900. 518 Ridgelake RD is a 924 square foot house with 2 beds and 2 baths. This house is in the attendance area of Staunton River High School and Staunton River Middle School.

Listing Courtesy of: RVAR and BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE.

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