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New Construction Homes in Penhook, VA

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  • Lot 22 Jefferson Dock Rd, Penhook, VA 24137
    Lot 22 Jefferson Dock Rd, Penhook, VA 24137
    Lot 22 Jefferson Dock Rd, Penhook, VA 24137
    /20

    $75,000 Lot/Land

    Lot 22 Jefferson Dock Rd, Penhook, VA 24137

    • 1.07 Acres
    • $70,093 per Acre

    HARD TO FIND JEFFERSON DOCK PERFECT LOT! Penhook Pointe, an Exceptional Waterfront Community on gorgeous Smith Mountain Lake, the Lake Tahoe of the East, invites you to explore the possibilities of this FLAT LOT with an open feel due to keeping larger trees and cleaning up underbrush, recent perc test, 2 paved road fronts, and underground utilities. Imagine gorgeous springs, exciting summers,

    Agent Photo

    Brenda Bratt

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 726-6396

    Lot 22 Jefferson Dock Rd, Penhook, VA 24137
  • Lot 405 Mountain Shore Dr, Penhook, VA 24137
    Lot 405 Mountain Shore Dr, Penhook, VA 24137
    /2

    $35,000 Lot/Land

    Lot 405 Mountain Shore Dr, Penhook, VA 24137

    • 0.6 Acre
    • $58,333 per Acre

    Wooded building lot within walking distance to The Waters Edge Country Club. Water access. Club amenities include golf, tennis, pickleball, swimming, exercise and equestrian center.

    Agent Photo

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 508-8972

    Lot 405 Mountain Shore Dr, Penhook, VA 24137
  • 31 Flagstick Ct, Penhook, VA 24137
    31 Flagstick Ct, Penhook, VA 24137
    31 Flagstick Ct, Penhook, VA 24137
    /140

    $1,159,000 Custom Home

    31 Flagstick Ct, Penhook, VA 24137

    • 4 Beds
    • 4 Baths
    • 2,803 Sq Ft

    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

    Courtney Greco EXP REALTY LLC - FOREST

    31 Flagstick Ct, Penhook, VA 24137
  • 25 Lakeport Cir, Penhook, VA 24137
    25 Lakeport Cir, Penhook, VA 24137
    25 Lakeport Cir, Penhook, VA 24137
    /55

    $4,999,000 Custom Home

    25 Lakeport Cir, Penhook, VA 24137

    • 4 Beds
    • 6 Baths
    • 6,158 Sq Ft

    Summer 2026 Delivery! Framed! Walk through the house and experience the gorgeous views for yourself! Lot 25 Lakeport Circle: A Legacy Waterfront Estate by Sole Source Solution, Luxury Homes. Welcome to The Sanctuary, Smith Mountain Lake's most elite new waterfront enclave! A place where architectural excellence meets natural tranquility. Dubbed ''The Lake Tahoe of the East,'' Smith Mountain Lake

    Courtney Greco EXP REALTY LLC - FOREST

    25 Lakeport Cir, Penhook, VA 24137
  • 2650 Waters Edge Dr, Penhook, VA 24137
    2650 Waters Edge Dr, Penhook, VA 24137
    2650 Waters Edge Dr, Penhook, VA 24137
    /302

    $3,650,000 Custom Home

    2650 Waters Edge Dr, Penhook, VA 24137

    • 6 Beds
    • 6 Baths
    • 6,654 Sq Ft

    Welcome to 2650 Water's Edge Drive - A Waterfront Luxury RetreatThis stunning 6-bedroom, 6-bath lakefront home offers 6,654 finished square feet of elegant living with an open floor plan designed for comfort and entertaining. Thoughtfully crafted with high-end finishes, this residence combines timeless craftsmanship with modern convenience. Enjoy the rare luxury of three spacious master

    Jane Sullivan Horne BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    2650 Waters Edge Dr, Penhook, VA 24137
  • 200 Sweetwater Bay Dr, Penhook, VA 24137
    200 Sweetwater Bay Dr, Penhook, VA 24137
    200 Sweetwater Bay Dr, Penhook, VA 24137
    /33

    $2,490,000 Custom Home

    200 Sweetwater Bay Dr, Penhook, VA 24137

    • 9 Beds
    • 6 Baths
    • 3,941 Sq Ft

    WATERFRONT LUXURY IN A PREMIER SMITH MOUNTAIN LAKE LOCATION! Experience lakefront living at its finest in this stunning new waterfront home, ideally situated close to Smith Mountain. This property offers the perfect blend of elegance, comfort, and smart technology, set on a flat lot with crystal-clear water and breathtaking panoramic views. Currently set to generate over $350,000 in annual rental

    Kendra Porter VIRGINIA REALTY GROUP

    200 Sweetwater Bay Dr, Penhook, VA 24137
  • 6613 Truevine Rd, Penhook, VA 24148
    6613 Truevine Rd, Penhook, VA 24148
    6613 Truevine Rd, Penhook, VA 24148
    /8

    $1,100,000 Lot/Land

    6613 Truevine Rd, Penhook, VA 24148

    • 522 Acres
    • $2,107 per Acre

    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,

    Jeff Davis JEFF DAVIS & ASSOCIATES, LLC

    6613 Truevine Rd, Penhook, VA 24148
  • LOT 474 Southwood Dr, Penhook, VA 24137
    LOT 474 Southwood Dr, Penhook, VA 24137
    LOT 474 Southwood Dr, Penhook, VA 24137
    /26

    $699,000 Lot/Land

    LOT 474 Southwood Dr, Penhook, VA 24137

    • 1.91 Acres
    • $365,969 per Acre

    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. The adjoining 1.65 acre lot is also currently for

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    LOT 474 Southwood Dr, Penhook, VA 24137
  • 13A-1 Waters Edge Dr, Penhook, VA 24137
    13A-1 Waters Edge Dr, Penhook, VA 24137
    13A-1 Waters Edge Dr, Penhook, VA 24137
    /8

    $749,500 Lot/Land

    13A-1 Waters Edge Dr, Penhook, VA 24137

    • 7.79 Acres
    • $96,213 per Acre

    Golf views, lake views, privacy, and a covered boat slip! This is one of only 3 properties within The Water's Edge community that allows both a main house and a guest house. Water access with a deeded covered boat slip in the nearby community marina, this is a rare acreage parcel at The Water's Edge AND the $35k initiation fee to TWE CC is waived, buyer to join within 30 days of closing.

    Cathie Daniel BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    13A-1 Waters Edge Dr, Penhook, VA 24137
  • 00 Old Fire Tower Ln, Penhook, VA 24137
    00 Old Fire Tower Ln, Penhook, VA 24137
    00 Old Fire Tower Ln, Penhook, VA 24137
    /17

    $800,000 Lot/Land

    00 Old Fire Tower Ln, Penhook, VA 24137

    • 322 Acres
    • $2,484 per Acre

    +/- 322 acres of intensely managed timber land. The property has a rocky, flowing stream all year long, providing water for the abundant wildlife and water sounds for peace and serenity. There are Oaks along the stream to provide food for the plentiful deer, turkey and bear. Adjoins Turkey Cock Mtn wildlife preserve. BIG VIEWS!!!

    Jeff Davis JEFF DAVIS & ASSOCIATES, LLC

    00 Old Fire Tower Ln, Penhook, VA 24137
  • LOT 126 Lands End Rd, Penhook, VA 24137
    LOT 126 Lands End Rd, Penhook, VA 24137
    /2

    $129,900 Lot/Land

    LOT 126 Lands End Rd, Penhook, VA 24137

    • 0.5 Acre
    • $259,800 per Acre

    Beautiful Flat Lot with Smith Mountain Lake Views. Located in Private Golf Community ( The Waters Edge ). Active Club Membership. Purchaser to Pay Club Initiation Fee. Owner/Realtor.

    Erik Plyler WATERMARK REALTY LLC

    LOT 126 Lands End Rd, Penhook, VA 24137
  • Lot 155 Cross Harbor Dr, Penhook, VA 24137
    Lot 155 Cross Harbor Dr, Penhook, VA 24137
    Lot 155 Cross Harbor Dr, Penhook, VA 24137
    /7

    $59,000 Lot/Land

    Lot 155 Cross Harbor Dr, Penhook, VA 24137

    • 0.77 Acre
    • $76,623 per Acre

    This beautiful corner lot in The Waters Edge offers a tempting opportunity, boasting not only generous size (.77 acres) but also seasonal views of both the golf course and the water. Its proximity to the community Clubhouse is another perk, suggesting easy access to amenities. See agent for details. Water hook-up fees and drain field installation is the responsibility of the Purchasers.

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 155 Cross Harbor Dr, Penhook, VA 24137
  • Lot 170 Talon Ridge Ct, Penhook, VA 24139
    Lot 170 Talon Ridge Ct, Penhook, VA 24139
    Lot 170 Talon Ridge Ct, Penhook, VA 24139
    /27

    $140,000 Lot/Land

    Lot 170 Talon Ridge Ct, Penhook, VA 24139

    • 1.36 Acres
    • $102,941 per Acre

    Nice Waterfront lot with 1.36 acres in beautiful Eagle Pointe Shores on Leesville Lake. Eagle Pointe Shores provides amenities to include hiking trails, picnic areas, pavilion, and deeded access to the neighborhood boat ramp. Enjoy the convenience of 2 lakes, Leesville Lake and within minutes to Smith Mountain Lake.

    Charlene Jones RE/MAX LAKEFRONT REALTY INC

    Lot 170 Talon Ridge Ct, Penhook, VA 24139
  • Lot 341 Low Country Dr, Penhook, VA 24137
    Lot 341 Low Country Dr, Penhook, VA 24137
    Lot 341 Low Country Dr, Penhook, VA 24137
    /12

    $425,000 Lot/Land

    Lot 341 Low Country Dr, Penhook, VA 24137

    • 0.35 Acre
    • $1,214,286 per Acre

    The Waters Edge-Don't miss this chance to secure one of the last remaining waterfront homesites in the beautiful community of The Waters Edge. Enjoy the perfect balance of serenity and accessibility with a gentle slope leading to a nice cove. This prime location offers excellent protection from the main channel while providing spectacular sunrise views and comfortable afternoon shade. Active

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 341 Low Country Dr, Penhook, VA 24137
  • 31 Mountain Glen Dr, Penhook, VA 24137
    31 Mountain Glen Dr, Penhook, VA 24137
    31 Mountain Glen Dr, Penhook, VA 24137
    /3

    $1,800,000 Lot/Land

    31 Mountain Glen Dr, Penhook, VA 24137

    • 0.57 Acre
    • $3,157,895 per Acre

    THE PINNACLE OF PREMIER SMITH MOUNTAIN LAKE PROPERTY WITH UNOBSTRUCTED VIEWS OF SMITH MOUNTAIN. IF YOU ARE LOOKING FOR THE MOST PRESTIGIOUS ADDRESS AT SMITH MOUNTAIN LAKE THIS IS IT! New Dock and Rip Rap on Shoreline Installed.

    Erik Plyler WATERMARK REALTY LLC

    31 Mountain Glen Dr, Penhook, VA 24137
  • LOT 377 Morgans Mill Dr, Penhook, VA 24137
    LOT 377 Morgans Mill Dr, Penhook, VA 24137
    LOT 377 Morgans Mill Dr, Penhook, VA 24137
    /14

    $49,900 Lot/Land

    LOT 377 Morgans Mill Dr, Penhook, VA 24137

    • 0.73 Acre
    • $68,356 per Acre

    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

    LOT 377 Morgans Mill Dr, Penhook, VA 24137
  • 0 Morgans Mill Dr Unit 806383, Penhook, VA 24137
    0 Morgans Mill Dr Unit 806383, Penhook, VA 24137
    0 Morgans Mill Dr Unit 806383, Penhook, VA 24137
    /6

    $499,900 Lot/Land

    0 Morgans Mill Dr Unit 806383, Penhook, VA 24137

    • 0.95 Acre
    • $526,211 per Acre

    Active club membership ($30K fee to join club, paid by purchaser). Dock ( See attached dock plans, and photos) featuring Azek Composite Decking, Storage Building, and Floating Dock., zoned RPDOwner/Realtor.buyer responsible for installing septic and water hook-up

    Erik Plyler WATERMARK REALTY LLC

    0 Morgans Mill Dr Unit 806383, Penhook, VA 24137
  • Lot 297 Morgans Mill Dr, Penhook, VA 24137
    Lot 297 Morgans Mill Dr, Penhook, VA 24137
    Lot 297 Morgans Mill Dr, Penhook, VA 24137
    /13

    $32,000 Lot/Land

    Lot 297 Morgans Mill Dr, Penhook, VA 24137

    • 0.63 Acre
    • $50,794 per Acre

    Great opportunity in The Water's Edge, one of the most desirable communities on Smith Mountain Lake! Easy-to-build, water-access lot with beautiful surroundings. The owner holds an active club membership that provides access to a private 18-hole championship golf course, pool, tennis, pickleball, fitness center, and luxury dining. Experience the perfect blend of recreation, relaxation, and

    Alla Scott COLDWELL BANKER TOWNSIDE, REALTORS(r)

    Lot 297 Morgans Mill Dr, Penhook, VA 24137
  • Lot 232 Lake Front Cir, Penhook, VA 24137
    Lot 232 Lake Front Cir, Penhook, VA 24137
    Lot 232 Lake Front Cir, Penhook, VA 24137
    /14

    $32,500 Lot/Land

    Lot 232 Lake Front Cir, Penhook, VA 24137

    • 0.52 Acre
    • $62,500 per Acre

    Wonderful private culdesac lot in walking distance to Club House, golf, pool, tennis court and equestrian center. You'll find mature trees just waiting to have your house laid out. Come enjoy paradise at Waters Edge, a premier golfing community on the beautiful Smith Mountain Lake. This lot also has an active membership! Water access fees and septic are responsibility of purchaser.

    Amy Smitherman LONG & FOSTER - SMITH MTN LAKE

    Lot 232 Lake Front Cir, Penhook, VA 24137
  • Lot 12 Birdie Ln, Penhook, VA 24137
    Lot 12 Birdie Ln, Penhook, VA 24137
    Lot 12 Birdie Ln, Penhook, VA 24137
    /10

    $80,000 Lot/Land

    Lot 12 Birdie Ln, Penhook, VA 24137

    • 0.41 Acre
    • $195,122 per Acre

    The Waters Edge-This captivating corner lot boasts an impressive .41 acres with breathtaking views of sparkling waters and Smith Mountain views. The level terrain provides a solid foundation for your future home. With a community water system readily available, you'll benefit from the convenience of public water access. However, please note that the purchaser will be responsible for the septic

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 12 Birdie Ln, Penhook, VA 24137
  • TBD Old Fire Tower Ln, Penhook, VA 24137
    TBD Old Fire Tower Ln, Penhook, VA 24137
    TBD Old Fire Tower Ln, Penhook, VA 24137
    /43

    $698,000 Lot/Land

    TBD Old Fire Tower Ln, Penhook, VA 24137

    • 278 Acres
    • $2,511 per Acre

    Nestled in the rolling hills of Franklin Co, VA, this 278+/- acre unrestricted land tract offers the perfect mix of timber investment, recreation, & mountain beauty. The property is primarily composed of an established pine plantation, featuring 12+ year-old planted pines that enhance both the visual appeal & long-term financial potential of the land. These stands are ideal for future timber

    Justin Rolfe Mossy Oak Properties Land and Luxury

    TBD Old Fire Tower Ln, Penhook, VA 24137
  • LOT 29 Waters Edge Dr, Penhook, VA 24137
    LOT 29 Waters Edge Dr, Penhook, VA 24137
    LOT 29 Waters Edge Dr, Penhook, VA 24137
    /11

    $99,900 Lot/Land

    LOT 29 Waters Edge Dr, Penhook, VA 24137

    • 0.5 Acre
    • $199,800 per Acre

    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

    LOT 29 Waters Edge Dr, Penhook, VA 24137
  • Lot 96 Sandwedge Cir, Penhook, VA 24137
    Lot 96 Sandwedge Cir, Penhook, VA 24137
    Lot 96 Sandwedge Cir, Penhook, VA 24137
    /13

    $59,900 Lot/Land

    Lot 96 Sandwedge Cir, Penhook, VA 24137

    • 0.42 Acre
    • $142,619 per Acre

    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

    Lot 96 Sandwedge Cir, Penhook, VA 24137
  • LOT 23 Mountain Vista Dr, Penhook, VA 24137
    LOT 23 Mountain Vista Dr, Penhook, VA 24137
    LOT 23 Mountain Vista Dr, Penhook, VA 24137
    /8

    $699,900 Lot/Land

    LOT 23 Mountain Vista Dr, Penhook, VA 24137

    • 2.35 Acres
    • $297,830 per Acre

    GREAT ACREAGE LOT IN UPSCALE RESIDENTIAL NEIGHBORHOOD. CLOSE TO THE WATERS EDGE GOLF AND COUNTRY CLUB, CLEAN DEEP WATER, AT THE BASE OF SMITH MOUNTAIN! THIS IS WHAT YOU ARE AT THE LAKE FOR! 3 BR SEPTIC APPROVED. REALTORS ARE REALTED TO OWNERS AND OWNERS ARE REALTORS. New 2 Boat Slip Dock, Storage Building, Floating Dock, Azek PVC Decking Completed 12-19-24 ( See Attached Photo and Dock Plans ).

    Sheila Plyler WATERMARK REALTY LLC

    LOT 23 Mountain Vista Dr, Penhook, VA 24137
  • Lot 218A Hunterwood Cir, Penhook, VA 24137
    Lot 218A Hunterwood Cir, Penhook, VA 24137
    Lot 218A Hunterwood Cir, Penhook, VA 24137
    /12

    $28,000 Lot/Land

    Lot 218A Hunterwood Cir, Penhook, VA 24137

    • 0.78 Acre
    • $35,897 per Acre

    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

    Lot 218A Hunterwood Cir, Penhook, VA 24137
  • LOT 273 Niblicks Cir, Penhook, VA 24137
    LOT 273 Niblicks Cir, Penhook, VA 24137
    LOT 273 Niblicks Cir, Penhook, VA 24137
    /11

    $20,000 Lot/Land

    LOT 273 Niblicks Cir, Penhook, VA 24137

    • 0.54 Acre
    • $37,037 per Acre

    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

    LOT 273 Niblicks Cir, Penhook, VA 24137
  • TBD Old Franklin Turnpike Unit 4, Penhook, VA 24137
    TBD Old Franklin Turnpike Unit 4, Penhook, VA 24137
    TBD Old Franklin Turnpike Unit 4, Penhook, VA 24137
    /17

    $60,000 Lot/Land

    TBD Old Franklin Turnpike Unit 4, Penhook, VA 24137

    • 5.1 Acres
    • $11,765 per Acre

    Looking for land? This perfect 5-acre tract is zoned agricultural and could not be more conveniently located. It fronts Route 40 in Penhook, Virginia a short commute from Roanoke and Smith Mountain Lake. The land is wooded and lays very well for your home to be built, hunting camp, doublewide, or recreational getaway. No building restrictions! Owner can finance on easy terms and no credit check.

    Robert Thomas Terramark Realty LLC

    TBD Old Franklin Turnpike Unit 4, Penhook, VA 24137
  • Lot 383 Mountain Shore Dr, Penhook, VA 24137
    Lot 383 Mountain Shore Dr, Penhook, VA 24137
    Lot 383 Mountain Shore Dr, Penhook, VA 24137
    /19

    $35,000 Lot/Land

    Lot 383 Mountain Shore Dr, Penhook, VA 24137

    • 0.73 Acre
    • $47,945 per Acre

    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

    Lot 383 Mountain Shore Dr, Penhook, VA 24137
  • 10597 Snow Creek Rd, Penhook, VA 24137
    10597 Snow Creek Rd, Penhook, VA 24137
    10597 Snow Creek Rd, Penhook, VA 24137
    /20

    $65,000 Lot/Land

    10597 Snow Creek Rd, Penhook, VA 24137

    • 2.55 Acres
    • $25,490 per Acre

    COME ENJOY THIS PIECE OF SERENITY!!! THIS PROPERTY OFFERS 2.55 ACRES IN BEAUTIFULL SNOW CREEK AREA WITH GORGEOUS VIEWS, PEACE AND QUIET, AND A BUBBLING CREEK TO RELAX BY. READY TO BUILD, HOMESTEAD, OR JUST A QUIET PLACE TO RETREAT.

    Lorie Ranson WAINWRIGHT & CO., REALTORS(r)- LAKE

    10597 Snow Creek Rd, Penhook, VA 24137
New Homes Virginia Penhook

New Homes & Communities in Penhook

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Penhook, VA usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Penhook, VA hold their value?
Yes, especially in fast-growing areas of Penhook, VA. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Penhook, VA

On average, homes in Penhook, VA sell after 57 days on the market compared to the national average of 53 days. The median sale price for homes in Penhook, VA over the last 12 months is $1,125,000, up 32% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$1,125,000
Median Single Family Sale Price
$1,159,000
Median Townhouse Sale Price
$1,295,000
Average Price Per Sq Ft
$383
Number of Homes for Sale
11
Last 12 months Home Sales
39
Months of Supply
3.40
Median List Price
$1,217,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
32%
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