Welcome to Smith Mountain Lake. As  a Franklin county native of this area, Pat Bailey has a passion for Smith Mountain Lake waterfront living and the Blue Ridge Mountains. As a native, Pat remembers when Smith Mountain Lake was just filling in and the pre-existing river beds were in place. Part of the charm of growing up at Smith Mountain Lake has been watching the transformation from a small rural community into the Resort Place that Smith Mountain Lake has become over the years. Pat Baileys’  real estate career at the lake began in 1983 as a local Realtor specializing in assisting Buyers and Sellers to find the right waterfront home, waterfront cabin or other resort properties for their needs. Over the years, Pat Bailey began to realize that Smith Mountain lake was expanding and becoming a vacation community due to the beauty of our Mountain Lake with crystal clear waters. Our vacation rental market was strong when you combine this with Boating, Sailing, Jet skiing, and  the many other water sport attactions that only this 500 acre lake offers.

Pat Bailey recognized the growing need for property management services at the lake, and in 1993, she formed the Premiere property management firm of C B Rentals. This SML rental firm offered summer home vacation rentals, waterfront homes, waterfront cabins, and waterfront cottages for rent. In 1995, Pat Bailey became the Principal Broker. In addition to her handling  Real Estate sales, she also managed over 50 Realtors / Agents to better assist the many Buyers and Sellers of waterfront properties at Smith Mountain Lake.  Over time her two SML waterfront/ resort real estate firms merged into C B Sales and Rentals. Due to Pat Baileys’ unique skill sets of Rentals, Sales and Construction – yes, she is also owner of a local Class A Building Construction firm ( Bailey Enterprise Group, LLC), she has become widely known as the ” Investment Expert” at Smith Mountain Lake, Virginia.

To date this well established and well respected Real Estate firm deals with Buyers and Sellers  of the many various types of waterfront homes, cottages, cabins, condominiums, and townhomes at Smith Mountain Lake. In addition to the sales end of things, Pat Bailey also heads up a Property Management division which current handles the day to day work of renting out and leasing of both Waterfront and off water or water access properties all over the Smith Mountain Lake Area. Among the many areas we work are Bedford county, Franklin county, and Pittsylvania ccounty waterfront properties on and around the Smith Mountain Lake area. Our many waterfront towns, communities include:

Smith Mountain Lake…  Bedford county waterfront areas: Moneta, Goodview, Huddleston

Smith Mountain Lake… Franklin county waterfront areas: Moneta, Hardy, Glade Hill, Union Hall, Penhook.

Call Pat Bailey today to discuss the many facets of owning rental properties, There are many Up and down sides of this ownership and many small items that you can do to make your investment rental property produce a better return. Calling Pat before you actively start looking can make a world of difference.540-874-5249