740 Summit Lane

Bracey, VA 23919

$815,000 Listing #264535
3 Beds 2 Baths 1,919 sq ft Year Built: 2011 Residential
Versatility and flexibility await you here:  This three bedroom, two bath Lake Gaston waterfront home, with FIVE-bedroom septic system in place (for your future expansion!), features a flat, private lot for a peaceful and relaxing get away! It checks off LOTS of boxes for most in single or multifamily living, offering an unfinished basement and unfinished upstairs, and no steps to tackle on the way to the lake for this property. The double boathouse has the perfect setup for your future boathouse bar, offering versatility with storage. The large open deck doubles for seating, sunning or just chilling. Private lakeside fire pit is convenient to the main level deck and the walkout basement (with dry space covering the outdoor patio), providing numerous areas for entertaining and gathering. Perfect for a growing family or two families, this home offers ample living space on the main floor now with unlimited potential for expansion as your family grows. Occupied, but easy to show. Seller requests 2-hours advance notice. The unfinished space included rough-in plumbing in the basement for a full bath and kitchen, so this is ideal for a growing family or two families! Gentle slope is perfect for lakeside entertaining, soaking in the lake, and hanging out on the boathouse. Boathouse has space for your future mini bar and lakeside entertainment. I live on and Love Poplar Creek! The lake water is usually warm early in the season and is comfortable for floating, playing volleyball in the water, king of the mountain--you name it! If it involves water, it is more fun at the Lake! What's not to like!!
 
This property is located near many Favored Lake Gaston attractions:  Shady Shack Restaurant & Bar, Poplar Pointe Marina, Rosemont Winery, Tanglewood Golf, JB Jones Country Store (for all your fresh meat and bakery needs), Dollar General Market, VCU/Tanglewood Medicine and more!
 
Crappie fishing is great at Lake Gaston, and I'm told this creek is home to Lake Gaston's finest crappie fishing!
 
 The property has a 5-bedroom septic system and a 5-Ton HVAC system already, which makes finishing the basement more affordable. Radon mitigation system is already installed. Luxury vinyl flooring is provided to finish out the basement. Come prepared to provide a little sweat equity (or bring your friends for a little work and plan) and nearly double the usable square footage and value quickly and easily! What an opportunity to start your Lake living today! This home offers an excellent opportunity for a joint venture or partnership with family or friends to purchase the home share it for years of enjoyment! What a remarkable way to spend time with family! As your family grows you can enjoy the lake living lifestyle together, making and sharing memories with friends and family you love.

Interior Features

Square Feet 1,919

Exterior Features

Lot Size 1.96 acres

Virtual Tour

Virtual Tour URLhttp://youtube.com/shorts/B_S81sStLow
Courtesy of Dora Smith, NextHome 1st Choice
This content last updated on 8/28/2025 5:28 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Dora 'the Lake Explorer' Smith

VA License #: 0225195359 NC License #: 268891 Direct: 434.774.0945
Expertise Types: Buyer Broker, Commercial, Farms, Mortgage, New Homes, Ranches, Relocation, Residential, Land, Condominiums, Residential Investment, Mobile Homes, REO, Short Sale, Foreclosure, Single Family Homes, Townhomes, Manufactured Homes, Rural Land, Second Homes, Waterfront
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