Sanctuary Bay

$90 million Lakefront project unveiled

A $90 million planned residential community at Smith Mountain Lake could be the biggest real estate development project in Pittsylvania County’s history.
        The Plyler Group, a real estate development and marketing company in Moneta, is planning to build Sanctuary Bay, a lakefront community of single-family homes and townhouses.
        The project is off Smith Mountain Road (Route 626) near Smith Mountain Dock and Lodge across from Vista Pointe.
        The first phases of the project includes 27 single-family lots. The building lots – all waterfront – will sell for $200,000 to $1 million.
        Developers Derrick Plyler and son Erik Plyler already have contracts on all but four of the lots, including one that sold for over $1 million.
        The second phase of the project involves 97 multi-family units, or townhouses, which are expected to sell for $450,000 to $850,000.
        “It’s a beautiful piece of property, probably one of the last remaining undeveloped properties of its kind on the lake in Pittsylvania County,” said Erik Plyler.
        Plyler and his father, who have been working on Sanctuary Bay for about two years, also have developed other Smith Mountain Lake properties, including The Retreat in Franklin County and Highland Pointe condominiums across from The Water’s Edge.
        “We’ve been dreaming about this a long time,” he said. “We’re going to do it right and do this property justice.”
        According to Odie Shelton, the county’s director of code compliance, the Plylers have applied to have a little over 100 acres rezoned from R-1 and A-1 to Residential Planned Unit Development to build townhouses.
        Pittsylvania County Planning Commission will hold a public hearing on the proposed rezoning Tuesday, Dec. 7, before making a recommendation to the Board of Supervisors.
        Supervisors, who have the final say in rezonings, will hold another public hearing on Dec. 21 before making a final decision.
        Both meetings begin at 7 p.m. in the General District Courtroom of the Edwin R. Shields Courthouse Addition in Chatham.
        According to Shelton, wells and an elevated storage tank will supply the homes and townhouses with water.
        The single-family lots will have private septic drain fields, while the townhouses will have a central pre-treatment septic system before emptying into a drain field.
        A private, state-licensed authority will manage the water and sewer system, Shelton said.
        The single-family homes and some townhouses will have private boat docks, while a community boat dock with individual boat slips will serve other townhouses.
        The community also will include a swimming pool and walking trails.
        The Plylers will need a special-use permit for the community dock and sales office, Shelton said.
        When completed, the project is expected to generate millions in tax revenue for the county.
        “I think this will be good for us and good for the county,” said Plyler. “When it’s totally developed in about 10 years, it will bring the county $500,000 a year in tax revenue. That’s a whole lot of money for the county’s coffers.”