581 Lakestone Rd, Union Hall, VA 24176
Property image
Property image
OFF MARKET

$1,039,900

Trulia Estimate
  • 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 Home
Currently Off Market - Sold Feb 8, 2024 for $975,000

Home Value

Trulia Estimate
$1.04M
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 581 Lakestone Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 10

Property Information

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

Price & Status

Price
List Price: $999,900
Status Change & Dates
Off Market Date: Fri Jan 12 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Union HallCommunity: Holiday Farms
School Information
Elementary School: Glade HillJr High / Middle School: Ben Franklin MiddleHigh School: Franklin County

Building

Building Area
Building Area: 2112 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.02 Acres

Miscellaneous

BasementMls Number: 904095Water ViewWater View: Lake

Price and Tax history

DateEventPrice
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%

Market trends in Union Hall

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
21
1
MoM

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.
  • Kannrussell
    "Beautiful area with the nicest people in the state of VA. Restaurants nearby are fabulous and you can go by land or by boat. Great place to raise a family. "
  • Ssmaggied
    "Beautiful scenery, Smith Mountain Lake, laid back atmosphere, and the friendliest people you’ll ever meet."
  • PamelaH
    "Plenty of dog owners in the neighborhood, easiest way to meet the neighbors is taking your dog for a walk. Not a thru street, so not much traffic.to worry about. Plenty of scents from deer and other woodland creatures to keep them entertained. If your dogs swim, this is heaven for them. "
  • Pamela H.
    "Lake access, swimming, floating, water sports, waterskiing, sunsets, fall colors reflecting on the lake, friendly, street Barbecues."
  • Kaitefox86
    "It’s a quiet, rural area just outside of town. Most people live here to be close to the lake, some are only in residence part of the year."
  • 2casyaways
    "We have lived in our area for 12 years and have fantastic neighbors. We live in a park like setting."
  • Fauver
    "Lands End is an oasis on Smith Mountain Lake. Tucked away in Union Hall it is away from the summer vacation bustle of the Bridgewater area, but with full access to the wide water area of the lake. Lands End residents are great neighbors with a true sense of community. Shopping is 30 minutes away, but what a peaceful and scenic setting for relaxed lake living! "
  • raypeterson6
    "Great place for either retirement, or for anyone else wanting active live style. Great walking street, boating, and casual. Neighbors are friendly and accepting. Shopping is about 17 miles, but the drive is wonderful. "
  • Kathryn C. A. B.
    "Beautiful mountain views and terrific Smith Mountain Lake. Slower pace of life if you wish or lots of activities if you are more on the let's meet folks scale."

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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.

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