$1,039,900
- 4 Beds
- 2 Baths
- 2,112 sqft (on 1.02 acres)
581 Lakestone Rd, Union Hall, VA 24176
Est. Refi. Payment $6,114/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 8, 2024 for $975,000
Home Value
Trulia Estimate
$1.04MSince last month
Decreased$18K (-1.7%)Since last year
Decreased$4K (-0.4%)Since last sale
Increased$65K (+6.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +137% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.04M |
| August 2026 | $1.06M |
| July 2026 | $1.05M |
| June 2026 | $1.05M |
| May 2026 | $1.04M |
| April 2026 | $1.03M |
| March 2026 | $1.03M |
| February 2026 | $1.01M |
| January 2026 | $1M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.79 | Single-Family Home | $565,000 | 08/17/26 | 3 | 2 | 1,807 | |
0.93 | Single-Family Home | $375,000 | 02/17/26 | 3 | 2 | 1,394 | |
0.89 | Single-Family Home | $925,000 | 06/05/26 | 4 | 3.5 | 2,759 | |
0.86 | Single-Family Home | $890,000 | 01/22/26 | 4 | 3.5 | 3,120 | |
1.18 | Single-Family Home | $1,045,000 | 12/01/25 | 3 | 2.5 | 3,200 | |
1.25 | Single-Family Home | $850,000 | 09/26/25 | 4 | 3 | 2,377 | |
1.15 | Single-Family Home | $1,150,000 | 05/12/26 | 3 | 3 | 2,882 | |
0.87 | Single-Family Home | $1,539,565 | 09/15/26 | 5 | 4 | 3,689 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.14 | $1,399,000 | 6 | 3 | 3,417 | For Sale | |
0.12 | - | - | - | - | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.22 | $539,400 | 3 | 2 | 2,343 | Off Market | |
0.25 | $724,800 | 3 | 3 | 2,000 | Off Market | |
0.25 | $677,500 | 3 | 3 | 1,820 | Recently Sold | |
0.25 | $677,500 | 3 | 3 | 1,820 | Recently Sold | |
0.26 | $817,700 | 3 | 3 | 1,952 | Off Market | |
0.27 | $759,400 | 3 | 3 | 2,075 | Off Market | |
0.28 | $753,700 | 3 | 3 | 2,002 | Off Market | |
0.28 | $800,600 | 3 | 3 | 2,000 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1971
1.02 acre lot
2,112 sqft
$492/sqft
Open Parking
About this House
This Amazing property includes Two Gently sloping Waterfront Lots with over 300' of total Shoreline tucked into a nice clean Cove in the highly sought after Union Hall area. This amazing Cottage has over 2100sf of living space that has been thoroughly updated. It's decorated as 4 Bedrooms and 2 Bathrooms and has a 2 bedroom septic system. The huge covered rear deck provides beautiful views of the lake. The Dock was recently built by Turner's Dock Building. The 2nd lot has been perked for a 3 bedroom septic, has a sandy beach and plenty of room for a nice home if you'd like to invest in building one. A beautiful hardscaped walkway leads from the house to the dock and includes a new patio overlooking the lake and would be a great place to sit around a fire pit and enjoy the sunset. The Dock has an enclosed storage area with a roll-up window and plenty of room to entertain friends and family and an extra large floater to swim off of or tie your sailboat to. A second slip could be created if needed.
Taxes are $2277 for Lot 6 with the House & Dock and $305 for Lot 5. Lot 5 has over 100' of Shoreline so it's possible to build a Dock on the Lot.
The Property has had many Updates since the Owners purchased it. Here's a list of the Major Improvements:
-Finished Basement.
-New Dock built by Turner Dock Builders, with extra large floater.
-Utility Shed added.
-Kitchen Countertop and Sink.
-New Dishwasher.
-Updated Kitchen Backsplash.
-Removal of Several Trees.
-Hardscaped the walkway from the house to the Dock and Patio Area.
-Driveway Grading and Paving.
-New Bathrooms, Heated Floor in the Lower Level Bathroom.
-Closed in the Loft area with a Wall, Door and Window.
-Added Picture Window in the Great Room area.
Boats and Kayaks are Available outside of Closing.
These properties have a lot to offer! Don't miss out on the opportunity to purchase this beautiful home that has the views and seclusion with a gentle slope to the lake that you've been looking for.
Taxes are $2277 for Lot 6 with the House & Dock and $305 for Lot 5. Lot 5 has over 100' of Shoreline so it's possible to build a Dock on the Lot.
The Property has had many Updates since the Owners purchased it. Here's a list of the Major Improvements:
-Finished Basement.
-New Dock built by Turner Dock Builders, with extra large floater.
-Utility Shed added.
-Kitchen Countertop and Sink.
-New Dishwasher.
-Updated Kitchen Backsplash.
-Removal of Several Trees.
-Hardscaped the walkway from the house to the Dock and Patio Area.
-Driveway Grading and Paving.
-New Bathrooms, Heated Floor in the Lower Level Bathroom.
-Closed in the Loft area with a Wall, Door and Window.
-Added Picture Window in the Great Room area.
Boats and Kayaks are Available outside of Closing.
These properties have a lot to offer! Don't miss out on the opportunity to purchase this beautiful home that has the views and seclusion with a gentle slope to the lake that you've been looking for.
581 Lakestone Rd, Union Hall, VA 24176 is a 4 bedroom, 2 bathroom, 2,112 sqft single-family home built in 1971. It last sold for $975,000 on Feb 8, 2024 (2% below the $999,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,039,900, with a rent estimate of $2,023/month.
Last check for updates: about 6 hours ago
Listed by JIM SINGLETON, (540) 493-7253
BUYERS AGENCY OF SMITH MOUNTAIN LAKE LLC
Bought with: DIANE KAY HOFFMAN, (540) 814-2045, PROPERTY NAVIGATORS LLC
Source: RVAR, MLS#904095

Home Details for 581 Lakestone Rd
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Interior Details Basement: Full,Walk-Out AccessNumber of Rooms: 10Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Dining Area, Family Room, Great Room, Kitchen, Laundry, Work Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2112 Square Feet |
Appliances & Utilities Appliances: Microwave Oven (Built In) |
Heating & Cooling Heating: Heat Pump ElectricHas CoolingAir Conditioning: Heat Pump ElectricHas HeatingHeating Fuel: Heat Pump Electric |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Great RoomHas a Fireplace |
Windows, Doors, Floors & Walls Window: Clad, Insulated Windows, Skylight(s)Door: Insulated, Sliding DoorsFlooring: Carpet, Concrete, Laminate |
Levels, Entrance, & Accessibility Floors: Carpet, Concrete, Laminate |
View Has a ViewView: Lake |
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Exterior Home Features Patio / Porch: Rear Porch, Side Porch, Covered Porch, PatioOther Structures: Shed(s)Exterior: Balcony |
Parking & Garage No Attached GarageHas Open ParkingParking: Paved Driveway |
Frontage WaterfrontWaterfront: Cove, Riprap Shoreline, Beach FrontOn Waterfront |
Water & Sewer Sewer: Private SepticWater Body: Smith Mtn Lake |
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Cumulative Days on Market: 10 |
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Year Built Year Built: 1971 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cottage |
Building Construction Materials: Wood SidingNot Attached Property |
Property Information Parcel Number: 0480205600 & 0480205500 |
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Price List Price: $999,900 |
Status Change & Dates Off Market Date: Fri Jan 12 2024 |
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MLS Status: Closed |
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Direction & Address City: Union HallCommunity: Holiday Farms |
School Information Elementary School: Glade HillJr High / Middle School: Ben Franklin MiddleHigh School: Franklin County |
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Building Area Building Area: 2112 Square Feet |
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No HOA |
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Lot Area: 1.02 Acres |
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BasementMls Number: 904095Water ViewWater View: Lake |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 8, 2024 Source: RVAR #904095 | Sold | $975,000 |
Jan 13, 2024 Source: RVAR #904095 | Pending | $999,900 |
Jan 5, 2024 Source: RVAR #904095 | Listed For Sale | $999,900 |
Oct 6, 2017 Source: RVAR #826280 | Sold | $357,000 |
Apr 27, 2017 Source: Agent Provided | PriceChange | $429,900 Price decreased by 4% |
Nov 11, 2016 Source: Agent Provided | PriceChange | $449,950 Price decreased by 2% |
Aug 26, 2016 Source: Agent Provided | PriceChange | $459,950 Price decreased by 2% |
May 12, 2016 Source: Agent Provided | PriceChange | $469,950 Price decreased by 2% |
Nov 3, 2015 Source: Agent Provided | PriceChange | $479,950 Price decreased by 2% |
Jul 8, 2015 Source: Agent Provided | PriceChange | $489,950 Price decreased by 2% |
Oct 22, 2014 Source: Agent Provided | Listed For Sale | $499,950 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,477 | $576,100 |
Home facts updated by county records
Market trends in Union Hall
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
21
1MoM
Around this home
What Locals Say about Union Hall
At least 2 Trulia users voted on each feature.
100 % Say car is needed
100 % Say it's quiet
100 % Say there's wildlife
100 % Say parking is easy
100 % Say yards are well-kept
86 % Say neighbors are friendly
75 % Say there are community events
75 % Say they plan to stay for at least 5 years
67 % Say it's dog friendly
60 % Say people would walk alone at night
60 % Say there's holiday spirit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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All information is deemed reliable but not guaranteed, and should be independently verified.
Frequently asked questions about 581 Lakestone Rd
- What is 581 Lakestone Rd estimated to be worth?Trulia's estimated value for 581 Lakestone Rd in Union Hall, VA is $1,039,900.
- What is the price history for 581 Lakestone Rd?581 Lakestone Rd in Union Hall, VA last sold for $975,000 in February 2024.
- Is Union Hall a buyer's or seller's market?Union Hall is currently a buyer's market, based on recent for-sale activity.
- What are the closest schools to 581 Lakestone Rd?The closest schools to 581 Lakestone Rd in Union Hall, VA are Benjamin Franklin Middle School (rated 7/10), Franklin County High School (rated 4/10), Glade Hill Elementary School (Pre-K, rated 7/10).
- Does 581 Lakestone Rd have air conditioning?Yes, 581 Lakestone Rd in Union Hall, VA has air conditioning.
- Does 581 Lakestone Rd have laundry facilities?Yes, 581 Lakestone Rd in Union Hall, VA has laundry facilities.

