Prestigious 11-Acre Mediterranean Estate in Virginia Offers Waterfront Luxury at $6.25M
Positioned along the tranquil shores of Smith Mountain Lake, 1994 Merriman Way Rd represents one of the finest opportunities in Virginia Real Estate today. Recently listed for $6.25 million, this estate combines architectural craftsmanship with the serenity of lakeside living, offering a lifestyle that balances privacy, recreation, and timeless design. Originally built to capture panoramic water views, the residence has been meticulously maintained and updated, with a history of ownership that reflects both prestige and rarity.
“This property is truly one-of-a-kind at Smith Mountain Lake. The design embraces both entertaining and retreat-style living, creating a residence that is as functional as it is beautiful,” said the listing agent in a conversation with Luxury Houses Magazine.
SEE MORE: This Breathtaking $6.95 Million Custom Estate Showcases James River Views and Award-Winning Design
A Storied Transaction History
The estate at 1994 Merriman Way Rd has experienced a dynamic history in the luxury market. First introduced to buyers in 2013 at $6.9 million, the home saw multiple listings over the following decade before being sold in 2020 for $3.94 million. With values surging in the past five years—up more than 1,500% according to Zestimate® data—the current $6.25 million asking price reflects the robust demand in Moneta Real Estate.
As the agent explained to Luxury Houses, “This is not just about square footage and lake frontage—it’s about the irreplaceable lifestyle. Properties with this level of privacy and direct water access are becoming exceedingly rare in Virginia.”
SEE MORE: Virginia’s Finest: Private and Prestigious Home Listed at $4.295 Million
Architecture, Amenities, and Lakefront Living
Spanning thousands of square feet, the home offers multiple bedrooms and expansive entertaining spaces, each designed to maximize views of the surrounding Blue Ridge Mountains and sparkling Smith Mountain Lake. Architectural details echo timeless craftsmanship, while modern upgrades ensure that the residence remains fully aligned with today’s luxury standards.
Outside, manicured grounds extend to the shoreline, offering private docks, boating access, and outdoor living areas ideal for hosting gatherings or enjoying quiet evenings by the water. A home theater, wine cellar, and resort-inspired pool complement the indoor-outdoor flow, creating a property that is equal parts sanctuary and showcase.
“Every element of the home was designed with intention,” the agent shared with Luxury Houses Magazine. “The current owners invested deeply in maintaining not just the structure, but the experience of lakefront living at its highest level.”
SEE MORE: An Exceptional Virginia Estate Offering Unmatched Luxury and Design Excellence for $8.25 Million
Community and Lifestyle in Moneta
Living at 1994 Merriman Way Rd means more than owning an estate—it means joining the vibrant community of Moneta. Known for its welcoming spirit, Moneta offers an array of amenities including waterfront dining, boutique shopping, and quick access to recreational activities like golf, hiking, and watersports. Smith Mountain Lake State Park and The Waterfront Country Club are only a short drive away, ensuring both adventure and relaxation are always within reach.
In addition, proximity to Roanoke provides convenient access to cultural venues, airports, and medical services, striking the perfect balance between retreat and connectivity. For buyers seeking the pinnacle of Virginia Real Estate, this address offers an unmatched combination of seclusion and sophistication.
With its price history, enduring architectural appeal, and prime lakeside setting, 1994 Merriman Way Rd stands as one of the most desirable homes currently available in Moneta Real Estate. Properties of this caliber rarely reappear on the market, making this listing an opportunity for discerning buyers to secure not just a home, but a legacy.
Explore the full listing on Zillow or Connect with the official agent at RE/MAX Lakefront Realty
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
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- Prestigious 11-Acre Mediterranean Estate in Virginia Offers Waterfront Luxury at $6.25M
- This Breathtaking $6.95 Million Custom Estate Showcases James River Views and Award-Winning Design
- Virginia’s Finest: Private and Prestigious Home Listed at $4.295 Million
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