502 Ridgelake Rd

LOWER YOUR RATE OR REDUCE YOUR CLOSING COSTS! Seller is offering up to $5,000 toward buyer closing costs and/or an interest-rate buydown with an acceptable offer, subject to lender approval. Buyers may be able to use this credit to reduce their interest rate and monthly payment or keep more cash in their pocket at closing. Built in 2025, this thoughtfully designed 3-bedroom, 2-bath home offers 1,792 sq ft of bright, open living space in a peaceful setting surrounded by mature trees. Soaring ceilings, abundant natural light, low-maintenance flooring, and an open layout create a welcoming feel throughout. Outside, an expansive back deck spans nearly the length of the home and includes a hot tub, perfect for entertaining, relaxing, or enjoying the privacy and shade of the wooded surroundings. The extended lot is just under 2 acres with NO HOA, while the two-car garage provides plenty of room for vehicles, storage, and lake gear. A new well was installed in 2024. Smith Mountain Lake access is just a short walk down the hill, with a usable community boat launch and picnic area making it easy to get out and enjoy the lake. Short-term rentals are permitted, providing flexibility for a full-time residence, weekend lake getaway, or investment property. With successful short-term rentals already operating in the neighborhood, this property offers exciting possibilities. Newer construction, nearly 2 acres, no HOA, lake access, rental flexibility, and $5,000 in seller assistance. A hard-to-find combination at Smith Mountain Lake.