Clearwater Estates
Non-HOA Waterfront Living Near Hickory Point
What is Clearwater Estates at Smith Mountain Lake?
Clearwater Estates is a non-HOA waterfront community in Moneta, Virginia (Bedford County), set off the Roanoke River main channel near Hickory Point at Smith Mountain Lake. It is known for wooded, gently sloping estate lots, deep-water coves, private docks, and sunset views.
Clearwater Estates is a waterfront community on the Bedford County side of Smith Mountain Lake, positioned off the Roanoke River main channel near Hickory Point. It is prized for large, wooded, gently sloping lots that lead down to deep-water coves, giving owners room to build and easy access to boating, swimming, and sunset views. Homes here include custom lakefront designs, among them French Country styles, alongside single-family and estate-sized lots for buyers who want to build. Practical details set it apart: electricity is run underground, homes use private wells and septic systems rather than public utilities, and the neighborhood has no HOA, which appeals to buyers who prefer fewer restrictions. It sits about 25 minutes from shopping and dining at Westlake Corner or the town of Bedford. The nearby Hickory Cove and Hickory Point area is known for calm, no-wake deep-water coves ideal for swimming and paddling.
Updated July 2026
Amenities & Features
Housing Options
A non-HOA community of large wooded waterfront estate lots
Key Details
- Units / Lots
- Estate lots & custom homes
- Housing Types
- Waterfront Estate Lots, Custom Lakefront Homes, Single-Family Lots
- Location
- Smith Mountain Lake, Virginia
Clearwater Estates FAQs
Does Clearwater Estates have an HOA?
No. Clearwater Estates is a non-HOA community, which is part of its appeal for buyers who prefer fewer restrictions on their waterfront property. Because there is no HOA, buyers should confirm any private covenants, shoreline rules, and dock permitting directly for the specific lot.
Where is Clearwater Estates located?
Clearwater Estates is in Moneta, Virginia, on the Bedford County side of Smith Mountain Lake, off the Roanoke River main channel near Hickory Point. It is roughly a 25-minute drive from shopping and dining at Westlake Corner or the town of Bedford.
What utilities do homes in Clearwater Estates use?
Homes in Clearwater Estates use underground electricity, and they rely on private wells and private septic systems rather than public water and sewer. Buyers building a new home should budget for well and septic installation.
What kind of lots are in Clearwater Estates?
Clearwater Estates features large, wooded, gently sloping waterfront and water-access lots, including estate-sized tracts, leading down to deep-water coves. Estate parcels here have listed in the seven figures; ask for current pricing, which changes with the market.
Interested in Clearwater Estates?
Our team has helped hundreds of buyers find their perfect home at Smith Mountain Lake. Let us guide you through Clearwater Estates and find the right fit.