Monday, April 13, 2009

Hit the Green in Smith Mountain Lake



Smith Mountain Lake has the weather and the set up for the perfect golf game. Our area courses are designed for top notch play. You will find amazing courses, like the newly redesigned Water’s Edge Country Club right here in Smith Mountain Lake.


The golf courses in the area are championship – premier caliber. There are international-level designs and breath taking scenery. You get the best courses laid right down in the middle of some of the most beautiful land in the south.


There are 5 major golf courses in the area. These courses suit everyone from the beginner to the expert. No matter which course you choose to play it will be an experience that will leave you wanting more.


Here is a list of the local golf courses that you can check out:

Westlake Golf & Country Club – A public course located on Chestnut Creek Drive.

The Waterfront Country Club – A private course located on Anchor Drive.

The Water’s Edge Country Club – A private course located on Water’s Edge Drive.

Mariner’s Landing – A public course located on Lake Retreat Road.

Sycamore Ridge – A public course located on Trails End Road.


Want to enjoy these great greens all year long? Contact Vicki today and she will help you find your new home in Smith Mountain Lake.

Wednesday, April 8, 2009

Spring has Sprung for the Real Estate Market

Spring tends to bring about a feeling of optimism and this year it is a much needed feeling. With the economic woes it is great to hear that the real estate market in Smith Mountain Lake is bouncing back.

Coming off a slower than average sales period, realtors , buyers and sellers can all breathe a sigh of relief as Smith Mountain Lake has shown hints of a rebound in the real estate market. Realtors have been showing more homes lately than they have all winter long. Prices are right for buyers and now is the best time to get the lake side home of your dreams.

The market is improving and now is the time to get out there and see what is available. Let Vicki help you find your family’s next home on Smith Mountain Lake.

Monday, April 6, 2009

Water’s Edge Golf Course Receives Renovation Award





Golfing is a highlight of the Smith Mountain Lake area and something visitors and residents love to enjoy at the beautiful Smith Mountain Lake courses. Recent renovations at the course at The Water’s Edge Country Club brought an esteemed honor to Smith Mountain Lake. This year The Water’s Edge Country Club was honored as an award winning project when the main contractor, The Aspen Company, won the Golf Course Industry Builders Legacy Award for Renovation of the Year.


The extensive renovations helped to revive the course to its former glory as one of the top golf courses in the state. The new look at the Water’s Edge Country Club includes all the latest innovations and technologies to help bring a level of excitement and challenge to the course. The renovations did not take anything away from the course’s historic look or its character, but enhanced it to make it a better place for golfers.


Properties at Water’s Edge are available now from Smith Mountain Lake’s own Vicki Millehan.



Thursday, April 2, 2009

Keep Safety in Mind as the Weather Warms Up
















Smith Mountain Lake is the perfect place to be when the weather warms up. With the many things to do on the lake, people tend to spend a lot of time outside once the temperatures go up. With all the fun and activity, it is important to keep safety in mind.


The Smith Mountain Water Safety Council is providing a public water safety mini-course on April 6th at the Hot Shots Family Fun Center. This safety course will cover boat safety while also providing a fun learning environment.


If you can not make the boating course then you should look into taking private courses on boating, fishing, hunting and swimming to get you and your family ready for a safe season. Enjoying the beauty of Smith Mountain Lake can be amazing and exciting, but safety should always be a top concern. Make sure your family is ready by finding a safety class near you.

If you want to find out more about life in Smith Mountain Lake contact Vicki.


Tuesday, March 31, 2009

Meet Vicki Millehan of Smith Mountain Lake




For over 20 years, I have called Smith Mountain Lake my home and for over 18 years have considered it my privilege to sell real estate in this area. During that time, I have been a top producer for Prudential Waterfront Properties while doing what I love: matching potential buyers with just the right property in the Smith Mountain Lake region. Of all the decisions people make when buying or selling a home, the selection of the right real estate agent is the most important. I strive to give each client the personal touch and go to great lengths to make sure the home is completely ready for move-in or ready to put on the market. That's why my motto is "I am selling real estate one relationship at a time."


Smith Mountain Lake, recently named one of the greatest places to live by a magazine of the same name, offers year round and vacation living in a beautiful setting that has it all in terms of the setting- the gorgeous Blue Ridge Mountains, lush farmland, and a 22,000 acre man-made lake with 500 mile of shoreline. A magnet for vacation home owners and retirees, the area features excellent golf courses and abundant fishing. It is convenient enough to metropolitan areas to attract young professionals who commute to Roanoke and Lynchburg while living in a peaceful small town setting. The vibrant local economy, wide range of housing choices, and variety of things to see and do make it a great place to raise a family.


Smith Mountain Lake property remains a solid investment. You'd think that in our current economy, housing values might have dropped along with sales. Yet, appraisals are coming in even higher than ever on Smith Mountain Lake Homes. Many area residents who are refinancing their homes to take advantage of lower rates are finding their loans are easily approved despite stricter lending requirements.


Because I serve an area that is a popular relocation destination and a place where people often like to buy second homes, I frequently work with clients and agents from across the United States. I welcome referrals and the chance to participate in realtor networks. Dealing with an out of state realtor can be nerve racking, but as my referrals attest, I take care of every detail.
Just visit me at Vicki's Lake Homes for beautiful properties in Smith Lake Mountain and surrounding communities.

Monday, March 16, 2009

Appraisals at Smith Mtn Lake

I am pleased to report that I have it on good authority that appraised values of homes on Smith Mtn Lake are coming in higher than expected.

There have been numerous appraisals (from various appraisal firms) recently completed for purchases and refinancing. Homes that were purchased in 2008 are now being refinanced because of 15 year rates in the 4.25% range and 30 year fixed in the 4.75% range. These appraisals are coming in HIGHER than their purchase prices of 2008.

In addition, underwriting of these appraisals is more strict than ever. Underwriters are taking a hard look at comparables sales. Even with the more strict underwriting of appraisals these loans are closing and interest rates are so low, it's (almost) like borrowing free money.

Tuesday, December 2, 2008

Smith Mountain Lake featured in Great Places to Live Magazine

Smith Mountain Lake - Abundance In Every Way

From farmland to recreational paradise. the Smith Mountain Lake region in Virginia is some of the most beautifully transformed land/water areas in the country. If you've been to Virginia, you know the state is among the picturesque of the national treasures. Amidst all the mountainous countryside there lies a three-county community in Southwest Virginia surrounding Smith Mountain. It is located just southeast of Roanoke, Virginia and southwest of Lynchburg, Virginia.

According to Linda Nardin with the Chamber of Commerce, with the building of Smith Mountain Lake Dam, created with the waters of the Roanoke and Blackwater Rivers, operational "full pond" status was reached on March 5, 1966. What resulted was a gorgeous 40-mile long lake with 500 miles of shoreline touching the shores of Bedford, Franklin and Pittsylvania Counties.

Originally built as a hydroelectric power project by Appalachian Power Company. the lake's abundance of recreational amenities wasn't initially imagined. Many residents living there when the lake was formed look back at the modest land prices in the early years - several hundred dollars per acre for lake frontage - and some sigh with regret at the immense financial opportunity lost. Today, those same building lots now can carry price tags of up to and surpassing $1 million.

The Chamber will tell you that the finest quality of life awaits those who relocate to Smith Mountain Lake, including incredible residential opportunities, a wide range of settings, a growing business community, and "small town" atmosphere. You'll find it's close proximity to metropolitan areas is just one of the characteristics that attract young professionals, growing families and retirees to the area.

Find your choice of lake front town homes, condo communities, a single family home with great lake views, a quiet vacation retreat, a mountaintop country home, or even a piece of rich farmland. The lake is surrounded by green mountains, rolling farmland, neighborhood communities, or almost anything you desire in location.

It's no mystery why the lake has become a full-time home for many. Quite simply, there aren't many places offering a setting that combines spectacular mountains as backdrop to a beautiful lake. Add a genuinely friendly atmosphere and a moderate climate to this mix. Mingle in the ever-growing selection of restaurants, retail centers, art galleries, active civic organizations and it all adds up to an unprecedented quality of life.

Today Smith Mountain Lake is far more than a source of clean hydro-electric power. The region has surpassed its image as a summer vacation spot. It has grown into a solid year-round economic center with a great growth potential still to be explored. That certainly makes it a great place to live, and a great place to work and raise a family as well.

Natural beauty is one part of Smith Mountain Lake's attractiveness. Each season unfolds with breathtaking natural beauty unique to the area. A sprinkling of snow each winter evokes a festive Holiday spirit. Spring comes early and provides a blaze of brilliant azaleas, roadside daffodil fields, carpets of phlox and mountainsides colored with white dogwoods and red bud trees.

If you are a warm weather enthusiast, summers at Smith Mountain Lake are extraordinary with immense lakeside forests standing tall along the mountainside. The atmosphere is casual and the lifestyle inviting. Those who enjoy outdoor sports such as golf and fishing will be impressed with what they find. There are five excellent 18-hole golf courses at the lake.

Lake dwellers will tell you that nothing compares to gorgeous fall foliage at Smith Mountain Lake. Other amenities include the great fishing, which is unsurpassed in any season. Casual casters have found recreational fun with countless families capturing lifelong memories of "the big ones" caught in friendly waters.

Smith Mountain Lake also attracts professional anglers who are at the top of their game. Competitions, such as CITGO Bassmaster and the ESPN Elite, provide exciting world-class challenges for those who earn the right to compete here.

The area offers much more than natural charm. The communities surrounding Smith Mountain Lake are alive with nearly 80 civic organizations providing innumerable activities year-round. Music lovers delight in the quality of concerts provided by the Roanoke Symphony, blue grass festivals, folk, contemporary, rhythm & blues and jazz.

People flock to the lake for quality art, antiques, crafts and a wide range of shopping choices. Annual events include a business expo, national archery tournament, aquatic poker run, triathlon, fireworks displays, antique boat show, wine festival, home tour, chili festival and a spectacular winter boat parade.

The economy appears to be doing very well around the region. In fact, Vicki Gardner, the executive director of the Chamber of Commerce recently summed up the stability of Smith Mountain Lake with these words to members, "We've officially turned the half-way mark and are headed to 2009. As with each of you and your businesses, the SML Chamber is adopting and adapting to the foretold changes in our economy. All indications show that our area is weathering the 'economic storm' better than many regions across the country. While some businesses are struggling, many report 'better than expected' revenue over the past few months. Boosting the local economy with the SML Chamber's ad campaign has been the staff and board's central focus."

Those are encouraging words to hear, particularly if you are looking for a new home to retire or relocate in the the area.

For more information about the Smith Mountain Lake region, history, businesses, lodging, dining and much more, go to the SML Chamber of Commerce website: wwww.visitsmithmountainlake.com or call 800-676-8203.


This article was published in the November/December issue of Great Places to Live Magazine.
www.greatplacestolivemagazine.com