Visit the Lake on us!

If you are itching to explore the endless possibilities in lake investments but caught up in the worry of gas prices, here is a great solution! Give us a call and arrange to look at property exclusively with us, and we will give you a free night stay at Lovestone Inn on Smith Mountain Lake.

Lovestone Inn is a stone Bed & Breakfast with beautiful lake and mountain views. The inn has great amenities including gardens, acreage to explore, cozy lakeside deck, a boat dock for swimming and boating & a beach area perfect to enjoy an afternoon cocktail and discuss all the great lake homes we visited. Lovestone Inn will give you the feel of living on the lake while you visit.

A little background on the Inn. Lovestone Inn was purchased by one of our many happy customers. When Dawn Spencer and Tom Zirkelbach were ready to retire to the lake from their Chicago home, they called us explaining their need for a property that would be feasible to expand into a Bed and Breakfast. We found the perfect place, the beautiful stone manor home with acreage to give it a private setting on Smith Mountain Lake and bed & breakfast allowable under county regulations. With their total trust in us and our guidance and extensive digital photos, they quickly purchased Lovestone sight unseen, from Chicago. They have added many of their special decorating touches and unique ideas over the years to turn this into a very special lakeside retreat. Dawn and Tom added the renovations of a stone garage, which Keith converted into the beautiful guest cottage named Pebblestone. The Inn is a lovely place to relax and get the true feeling of lake living. Voted best place to stay on Smith Mountain Lake, Lovestone Inn lives up to it’s reputation.

As investments go, Smith Mountain Lake can’t be beat. Prices are still lower than other regional lakes and there area many great deals to be found. Brisk activity in the lower price ranges for lake homes ($350,000 to $500,000) has the inventory a little picked over as we move out of Spring and into Summer. There are new homes coming on every week, with savvy buyers and their agents snatching them up pretty quickly. We keep our buyers informed of the great deals as soon as they hit the MLS through our Great Deals Email List (go to www.SeeTheLake.com to be added to the list). On the lighter side, the condo market is going strong with great deals to be found too. Condos are starting at $139,000. Lake building lots have remained high, with only slight reductions, as investors are holding on to them for future years. I do have two nice lots listed that are in the $270,000 range, a really good buy!

The best price range to be looking in right now is the $500,000 to $700,000 listing price for lake homes. Don’t be put off by these listing prices. Big reductions can be negotiated off the asking prices when we represent you. Prices have bottomed out, but the inventory in this range is fantastic. You will be able to find a breathtaking lake home with all the big pluses… big lake views, beautiful dock, elegant upscale home, and a sound investment that will grow in the future, when you look in this range.

What ever price range you are in, lets get started finding your perfect lake get-away. Call or email me today! Looking forward to hearing from you.

Carol Myers, Owner/Broker 540-420-1327 cell

Email SeeTheLake@msn.com

See The Lake, Realtors, Inc. 540-721-1726 office