$1,266,463Average Value$389Average Price per Sq Ft14Homes For Sale
Balancing a country club feel and rural setting along Smith Mountain Lake
Two halves make a whole in Penhook, a rural, waterside community nestled along the southern banks of Smith Mountain Lake. Old Franklin Turnpike bisects the hamlet and roughly pens the line between its lakefront homes surrounding the coveted Water’s Edge Country Club, and its rural countryside homes situated on expansive properties. “In Penhook, half the people are there for the lake and the other half want to be out in the country,” says local Realtor Adam Lynch of Berkshire Hathaway HomeServices Smith Mountain Lake. “You can have the private country club, lake-centric feel or the more rural countryside feel, which has a much different vibe.” Established in the late 80s, The Water’s Edge Country Club is a luxury golf course that offers state-of-the-art amenities, including an impressive clubhouse, tennis courts and an equestrian center. “A big draw to this part of the lake is Water’s Edge Country Club, which is the premier waterside development on the lake,” Lynch says. Still, lake recreation appeals to all residents, as Penhook’s proximity to Smith Mountain Lake, along with access to campgrounds and trails, offers ample opportunity for outdoor recreation in the heart of southwest Virginia.
Penhook is home to PGA Championship golf course Water's Edge Country Club.
Penhook is a rural, laid back community.
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Rural cottages to large waterfront estates
A range of residential architectural styles unfolds along Penhook’s landscape. "There are single-family homes and farms on acreage on the rural side and something for everyoe on the water, ranging from condos and lake cottages to single-family estates," Lynch says. Ranch-style homes and small farmhouses make up the housing stock throughout the area’s more rural setting, while luxury New England-style estates and countryside Colonial Revivals comprise the homes surrounding the country club. Price tags also reflect Penhook’s different halves; homes on the rural side typically range between $230,000 and $700,000, while Country Club and lakefront properties start around $725,000 and fetch up to $2.5 million. Parcels of land are also available for purchase, providing opportunities for new construction.
Lakeside cottages are popular in Penhook.
Luxury homes can be found throughout Penhook.
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Various Country Club amenities and recreation at Smith Mountain Lake
Apart from the R.F. Loving, Jr.-designed PGA golf course, The Water's Edge Country Club offers a range of amenities for its members. The 36,000-square-foot clubhouse features a state-of-the-art gym, a chef-centered restaurant and a junior Olympic-sized swimming pool. Multiple tennis courts are available for use and the club even has an equestrian center for horseback riding.
Smith Mountain Lake offers a plethora of outdoor recreation and remains a huge draw for residents of Penhook. The lake is a hotspot for fishing, boating, swimming, jet skiing and more. While some residents have private docks, others may access the water from the Penhook #9 Boat Access, which offers courtesy docks and paved parking. Marinas are peppered around the shoreline, like Lakeside Marina just east of Penhook. Those preferring to stay inland can take advantage of the rural landscape in other ways. Campgrounds also dot the natural setting that surrounds the lake, such as Smith Mountain Campground and Arrowhead Campground. The Smith Mountain Lake Trail snakes around the lake as well, offering multi-use pathways for horseback riding and hiking.
Penhook is mostly made up of homes and nature.
Enjoy stunning views of Smith Mountain Lake while you play golf in Penhook.
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Education in Franklin County Schools
Franklin County Public Schools serves students living in Penhook. The district earns a B-plus grade from Niche and includes schools such as Glade Hill Elementary and Benjamin Franklin Middle. Students may continue to Franklin County High School in the neighboring town of Rocky Mount. A new Career and Technical Education facility is in the works for the high school to continue to promote job readiness for vocations such as electrical engineering. All three schools in the pipeline receive a B-plus overall score from Niche.
Benjamin Franklin Middle School faithfully serves the community of Penhook.
Older students in Penhook will attend Franklin County High School.
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Local eats and shopping at nearby Rocky Mount
Along Old Franklin Turnpike are a handful of churches and small establishments, including Smith Mountain Boat & Tackle and The Little Mule Café, a quaint pit stop for baked goods, sandwiches, salads and coffee. Down the street, Carl’s Place is a no-fuss spot for burgers and other diner offerings. “Rocky Mount is the closest major shopping area,” Lynch says, adding that the town has grocery stores and a few national retailers. Grocery options in Rocky Mount include Food Lion, Walmart and Kroger. Shopping malls and larger retailers are less than 35 miles away in Roanoke.
Penhook locals can get the essentials at Kroger near Rocky Mount.
The Little Mule Cafe in Penhook serves tasty sandwiches and breakfast burritos.
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Written By
Christina von Claparede-Crola
Photography Contributed By
Caleb Jones
Video By
Jason Jacot
Interested in learning more about homes in this area?
Reach out to
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an experienced agent in this area.
Agents Specializing in this Area
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
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On average, homes in Penhook, VA sell after 67 days on the market compared to the national average of 55 days. The median sale price for homes in Penhook, VA over the last 12 months is $1,499,900, up 62% from the median home sale price over the previous 12 months.
Approximately 3/4 acre flat lot in The Waters Edge Country Club Community. Great location with just a short walk to club, restaurant, golf, pool, tennis and equestrian center. Active club membership.
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
This beautiful waterfront lot on Smith Mountain Lake has it all! Almost 2 acres, view of Smith Mountain, adjoining 4 acres of open space, two locations for drainfields that will accommodate a seven bedroom house, part open and part wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership.
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Beautiful wooded lot with water access to Smith Mountain Lake. Located in one of the most desirable neighborhoods, The Water's Edge Golf Course and Country Club with an active membership. Sellers have the plans for a Lindal Cedar home that would complement the property nicely!
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Waterfront Sanctuary | 2015 Custom Build | Fully Furnished & Turnkey. Experience the pinnacle of lakefront living in this meticulously crafted, ''like-new'' offered for the first time on the market. Nestled on a sprawling 1.45-acre waterfront lot, this property delivers a rare ''park-like'' atmosphere. Built with an uncompromising commitment to quality, the residence features 2 x 6 exterior wall
Rare find with water views from every direction on this level, water access lot at Smith Mountain Lake. Located in the beautiful community of The Water's Edge Golf Course and Country club with an active membership.
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Beautiful partially wooded golf course lot with views of the 16th green and fairway. Also views of mountains including Smith Mountain. Convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant).
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Beautiful, wooded cul-de-sac lot with views of golf driving range and club house. Extremely private and yet a convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant and equestrian center). Great place to relax and enjoy all the amenities in a place many call paradise. Lot has active membership. Any connection fees for well and septic are buyers'
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Great wooded building lot in The Waters Edge CC community. Located on a quiet cul-de-sac with a short walk to the country club. The club is now a part of McConnell Golf family of clubs (15). Amenities include Golf (the course is in incredible shape), Tennis (club has a tennis pro that pairs player up on Mon/Wed/Fri), Pickleball, Pool, Fitness Room, Banquet Facilities, Dining and Equestrian
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Experience elevated modern luxury in this fully furnished Model Home, perfectly situated on a quiet cul-de-sac within the prestigious Water's Edge Country Club at Smith Mountain Lake. This brand-new, approximately 2,800 sq ft residence captures sweeping fairway views and offers effortless main-level living enhanced by sophisticated design and next-generation technology. Built by Sole Source
Newly surveyed 98.238 acres of well-configured land with 34 acres of fenced pasture, level 12-acre hay field, 2 spring-fed ponds and 53 acres of forestland. Easy access to and through the farm with 3,010 ft. of state road frontage, gentle topography, and groomed forest trails. Cottage home on southern tip of property is ready for renovation as quest house, rental, or farm home. Additional
Marina Bay Condo-Relax in this beautiful fully furnished lower-level condo, perfectly situated for ease and enjoyment. Forget the stairs-this unit is effortlessly accessed from the lower parking lot, making arrivals and departures a breeze. Your front row seat to the links offers stunning views of #11 tee box and green, providing a picturesque backdrop to your daily life. It offers a gentle slope
Vicki MillehanBERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Come see the Magnificent Views of Smith Mtn, Peaks of Otter and the Blue Ridge mountains from these 522 acres. The property has intensely managed loblolly pines stands for future income. There is long frontage along the Pig River. Perfect for fishing, kayaking, and canoeing. The property has road frontage on two roads. This provides great access to the river as well. There is abundant Deer,
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