Penhook, VA Homes for Sale

• 

  

  /2

  $35,000

  • Land
  • 0.6 Acre
  • $58,333 per Acre

  Lot 405 Mountain Shore Dr, Penhook, VA 24137

  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.

  

  Adam Lynch

  BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  (540) 508-8972

  Lot 405 Mountain Shore Dr, Penhook, VA 24137
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  Explore Penhook

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  /20

  $75,000

  • Land
  • 1.07 Acres
  • $70,093 per Acre

  Lot 22 Jefferson Dock Rd, Penhook, VA 24137

  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,

  

  Brenda Bratt

  WAINWRIGHT & CO., REALTORS(r)- LAKE

  (540) 726-6396

  Lot 22 Jefferson Dock Rd, Penhook, VA 24137
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  /51

  $1,300,000

  • 3 Beds
  • 2 Baths
  • 1,680 Sq Ft

  780 Adkins Rd, Penhook, VA 24137

  Nestled in the scenic Penhook area of Franklin County, this remarkable 169.95+-acre property offers the perfect blend of comfort, recreation, and natural beauty. This turn-key hunting/Residential estate includes two homes, boasting a total of 7 bedrooms and 4 bathrooms with approximately 3,584+- square feet of combined living space--ideal for a multi-family retreat or hosting guests. A 30x40

  Charles Hunt WHITETAIL PROPERTIES REAL ESTATE LLC

  780 Adkins Rd, Penhook, VA 24137
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  /107

  $1,595,000

  • 4 Beds
  • 3 Baths
  • 3,390 Sq Ft

  4344 Smith Mountain Rd, Penhook, VA 24137

  Exquisite 19.71 ACRE HIDDEN RETREAT 1 mile from SMITH MTN LAKE w/3300+sqft , HUGE 41'x80' BARN, 1+ acre aerated, stocked POND w/cascading WATERFALL-a private paradise offering the perfect blend of luxury & nature. Custom home blt. in 2019, has 4BRs, 3 baths, 2 car gar, Greatroom with cathedral ceiling, heated flrs, rock fireplace, ample space for entertaining & beautiful kitchen! The Primary

  Christy Ploch MARK A DALTON & COMPANY INC

  4344 Smith Mountain Rd, Penhook, VA 24137
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  /110

  $3,200,000

  • 5 Beds
  • 6 Baths
  • 7,162 Sq Ft

  54 Bay View Cir, Penhook, VA 24137

  Exquisite Craftsman Home with spectacular mountain vistas and luxury amenities. Step inside and be captivated by the warmth and character of hand-sawn pine beam ceilings and hand-scraped Oak and Heart of Pine flooring that extend throughout the residence. Every corner reveals meticulous craftsmanship. The kitchen is a culinary masterpiece, featuring a Wolf Commercial Grade propane range with an

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  54 Bay View Cir, Penhook, VA 24137
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  /69

  $1,690,000

  • 7 Beds
  • 5 Baths
  • 4,330 Sq Ft

  292 Cove Rd, Penhook, VA 24137

  LAKEFRONT LUXURY in this stunning, fully remodeled 7-bedroom, 5 bathroom home nestled on the shores of beautiful Penhook. This cove is the IDEAL location for all water activities! Bring the boat for your own private dock. Impeccably maintained and thoughtfully upgraded throughout, this gorgeous property offers a rare blend of style, space, and sophistication with each detail thought of. Whether

  Kendra Porter VIRGINIA REALTY GROUP

  292 Cove Rd, Penhook, VA 24137
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  /86

  $1,924,000

  • 4 Beds
  • 4 Baths
  • 5,440 Sq Ft

  325 Bull Run Trail, Penhook, VA 24137

  Experience the Ultimate in Lakefront Luxury Living at Beautiful Smith Mountain Lake. This one-of-a-kind Masterpiece offers Luxury Living with Lots of Extra Features. Step inside to be greeted by gorgeous Brazilian Cherry Hardwood Floors and Amazing Lake Views. The Main Level Boasts a Great Room with Cozy Fireplace, Formal Sitting Room, Dining Area, Spacious Kitchen, all leading out to the Huge

  Teresa Prillaman WAINWRIGHT & CO., REALTORS(r)- LAKE

  325 Bull Run Trail, Penhook, VA 24137
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  /122

  $2,199,900

  • 5 Beds
  • 5.5 Baths
  • 4,893 Sq Ft

  211 Big Cove Dr, Penhook, VA 24137

  Welcome to this SPECTACULAR CUSTOM NEW BUILD, thoughtfully designed and perfectly positioned on a FLAT, PRIVATE LOT in Franklin County. Zoned A-1, this property permits short-term rentals with an approved Special Use Permit--offering EXCEPTIONAL potential as a high-performing INVESTMENT or a serene personal retreat. Tucked away in a QUIET COVE with LONG lake VIEWS, this home boasts rare,

  Jada Turner BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  211 Big Cove Dr, Penhook, VA 24137
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  /100

  $1,099,000 New Construction

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

  31 Flagstick Ct, Penhook, VA 24137

  September Delivery! Stunning Golf Course Home with Expansive Windows & Main-Level Living! Enjoy maximum energy efficiency! ~2800 sq ft estate home with breathtaking golf course views. Bathed in natural light from abundant Pella windows and oversized sliders, this residence features an open-concept layout ideal for entertaining. The main level offers four spacious bedrooms and two and a half

  Courtney Greco EXP REALTY LLC - FOREST

  31 Flagstick Ct, Penhook, VA 24137
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  /95

  $3,799,000

  • 5 Beds
  • 6 Baths
  • 5,678 Sq Ft

  176 Three Point Isle Dr, Penhook, VA 24137

  Stunning Smith Mountain Lake waterfront estate, designed by renowned lake architect Antonio Veloso and constructed as a luxury home builder's personal residence in 2022. A showcase of elegance and craftsmanship nestled on nearly an acre on the exclusive Three Pointe Isle peninsula. Capturing sweeping sunset views of the lake and Smith Mountain in the front while backing to a calm private cove

  Courtney Greco EXP REALTY LLC - FOREST

  176 Three Point Isle Dr, Penhook, VA 24137
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  /69

  $2,280,000

  • 4 Beds
  • 3.5 Baths
  • 4,764 Sq Ft

  125 Grande Villa Dr, Penhook, VA 24137

  The Grande Villas-Maintenance-Free, Energy-Efficient Luxury on SML. Experience the pinnacle of lakefront living in this exceptional Green Built townhome. Wake up to peaceful sunrises over the water and unwind with panoramic view of the lake and the iconic #7 Signature Hole complete with a gazebo and covered porch. Special features include 2 x 6 exterior and interior walls, 50-year architectural

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  125 Grande Villa Dr, Penhook, VA 24137
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  /59

  $999,999

  • 4 Beds
  • 4 Baths
  • 2,268 Sq Ft

  228 Cove Rd, Penhook, VA 24137

  Offers presented as received! Listed below Appraised Value.(report available) Welcome to 228 Cove Rd, a beautifully remodeled and fully furnished 4-bedroom, 4-bath lakefront home located in scenic Penhook, VA.(AirBNB Approved) With 142 feet of pristine deep water frontage on a half of acre - this home offers breathtaking views of Smith Mountain Lake and the surrounding Blue Ridge

  Daniel Perkins KELLER WILLIAMS REALTY ROANOKE

  228 Cove Rd, Penhook, VA 24137
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  /23

  $399,500

  • 2 Beds
  • 2 Baths
  • 984 Sq Ft

  6605 Smith Mountain Rd Unit 101, Penhook, VA 24137

  Imagine living on the most gorgeous point at Smith Mountain Lake. Views of the mountains, water, sunrise. sunset & fireworks.The best thing is this unit is located on the ground level and boasts two walkout patios for you, your plants as well as furry friends.With water, sewer, internet and trash service, you can enjoy your time on the two beaches, fishing, kayaking, reading or just soaking up

  Amy Smitherman LONG & FOSTER - SMITH MTN LAKE

  6605 Smith Mountain Rd Unit 101, Penhook, VA 24137
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  /58

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,580 Sq Ft

  164 Tabernacle Rd, Penhook, VA 24137

  Priced Below Tax Assessment - Spacious Doublewide with Mountain Views on 1+ Acre!This 1,500+ sq. ft. doublewide offers the perfect blend of comfort, functionality, and country charm--all priced below tax assessment for incredible value. Set on over an acre, you'll enjoy mountain views that stretch for miles, an oversized deck for relaxing or entertaining, and plenty of space both inside and out

  Katy Cookston KELLER WILLIAMS COASTAL VIRGINIA

  164 Tabernacle Rd, Penhook, VA 24137
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  /17

  $60,000

  • Land
  • 5.1 Acres
  • $11,765 per Acre

  TBD Old Franklin Turnpike Unit 4, Penhook, VA 24137

  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
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  /37

  $700,000

  • 4 Beds
  • 3.5 Baths
  • 3,602 Sq Ft

  40 Bay Front Rd, Penhook, VA 24137

  For the first time in 30 years, this inviting lake-view home is available in the highly desirable Water's Edge neighborhood. Located on a beautifully landscaped lot with mature trees, outdoor gardens, and stunning views of the lake, this property offers both privacy and natural beauty in a truly special setting.The home exudes a charm and authenticity that's increasingly rare. The open floor

  David Simon WAINWRIGHT & CO., REALTORS(r)- LAKE

  40 Bay Front Rd, Penhook, VA 24137
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  /14

  $649,900

  • Land
  • 257 Acres
  • $2,529 per Acre

  Tract B W Gretna Rd, Penhook, VA 24137

  Rarely does a property like this become available. Large acreage, outstanding location, abundance of wildlife, bold stream and investment potential. Approximately 257-acre recreational tract near Smith Mountain Lake, just across the Franklin County line in Penhook. Property is well watered with Jonakin Creek running all the way through it. Outstanding hunting property and well managed timber.

  Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  Tract B W Gretna Rd, Penhook, VA 24137
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  /14

  $899,900

  • Land
  • 360 Acres
  • $2,500 per Acre

  Tract A W Gretna Rd, Penhook, VA 24137

  Rarely does a property like this become available. Large acreage, outstanding location, abundance of wildlife, bold stream and investment potential. Approximately 360-acre recreational tract near Smith Mountain Lake, just across the Franklin County line in Penhook. Property is well watered with Jonakin Creek running all the way through it. Outstanding hunting property and well managed timber.

  Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  Tract A W Gretna Rd, Penhook, VA 24137
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  /71

  $2,249,000

  • 3 Beds
  • 5 Baths
  • 4,488 Sq Ft

  115 Grande Villa Dr, Penhook, VA 24137

  Wake up to breathtaking sunrises over Smith Mountain Lake in this stunning east-facing waterfront Grande Villa. Designed for both luxury and efficiency, this home offers maintenance-free living in a serene lakefront setting. This Grande Villa is in a private gated community within one of the most sought-after communities on Smith Mountain Lake, The Water's Edge.Energy-efficient features include

  Kimberly Willard BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  115 Grande Villa Dr, Penhook, VA 24137
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  /46

  $750,000

  • 3 Beds
  • 2.5 Baths
  • 2,473 Sq Ft

  195 Golfers Crossing Dr, Penhook, VA 24137

  This home offers country club living at its finest with a wraparound porch overlooking #12 fairway and green, including water and mountain views. Entry level has a primary bedroom, 1 and 1/2 baths, den, office, large family room with wood fireplace (can be converted to propane). The layout is perfect. Vaulted ceiling with clerestory windows for light. The upper level has two large bedrooms

  Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  195 Golfers Crossing Dr, Penhook, VA 24137
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  /20

  $65,000

  • Land
  • 2.55 Acres
  • $25,490 per Acre

  10597 Snow Creek Rd, Penhook, VA 24137

  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
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  /27

  $140,000

  • Land
  • 1.36 Acres
  • $102,941 per Acre

  Lot 170 Talon Ridge Ct, Penhook, VA 24139

  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
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  /28

  $359,900

  • 3 Beds
  • 2 Baths
  • 1,400 Sq Ft

  971 Waters Edge Dr, Penhook, VA 24137

  Back on the market, due to not fault of the seller. Looking for one level living, come check out this New 3 Bedroom, 2 Bath home located in a lake access community. The community has a community boat ramp & dock. Home has an open floor concept with split bedroom design. Beautiful kitchen with large island. Home has 6'' walls and a 7 /12 roof. Comes with a 10 year HVAC warranty. Great starter

  Pamela Gabriel RE/MAX LAKEFRONT REALTY INC

  971 Waters Edge Dr, Penhook, VA 24137
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  /43

  $729,900

  • 3 Beds
  • 2.5 Baths
  • 2,542 Sq Ft

  145 Golfer's Crossing Dr, Penhook, VA 24137

  Charming home located within Nantucket-style Golfers Crossing in the popular lakefront community of The Water's Edge. The entry level is lovely with natural light and features hardwood floors & vaulted ceiling. The living level features a living room w/gas FP, kitchen w/cherry cabinets, dining area, covered back porch overlooking 12th fairway and Smith Mountain, large primary bedroom, office,

  Charlene Jones Re/Max Lakefront Realty

  145 Golfer's Crossing Dr, Penhook, VA 24137
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  /51

  $729,900

  • 3 Beds
  • 2.5 Baths
  • 2,542 Sq Ft

  145 Golfers Crossing Dr, Penhook, VA 24137

  Charming home located within Nantucket-style Golfers Crossing in the popular lakefront community of The Water's Edge. The entry level is lovely with natural light and features hardwood floors & vaulted ceiling. The living level features a living room w/gas FP, kitchen w/cherry cabinets, dining area, covered back porch overlooking 12th fairway and Smith Mountain, large primary bedroom, office,

  Charlene Jones RE/MAX LAKEFRONT REALTY INC

  145 Golfers Crossing Dr, Penhook, VA 24137
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  /3

  $199,900

  • Land
  • 0.77 Acre
  • $259,610 per Acre

  LOT 454 E Pointe Dr, Penhook, VA 24137

  Wooded waterfront lot on Smith Mountain Lake. Located in the beautiful and prestigious community of The Water's Edge Golf Course and Country Club. Build your dream home in this quiet cove and enjoy all the amenities of the neighborhood. AEP approved dock permit attached under documents. Active club membership.

  Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  LOT 454 E Pointe Dr, Penhook, VA 24137
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  /7

  $59,000

  • Land
  • 0.77 Acre
  • $76,623 per Acre

  Lot 155 Cross Harbor Dr, Penhook, VA 24137

  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
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  /8

  $1,100,000

  • Land
  • 522 Acres
  • $2,107 per Acre

  6613 Truevine Rd, Penhook, VA 24148

  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
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  /17

  $800,000

  • Land
  • 322 Acres
  • $2,484 per Acre

  00 Old Fire Tower Ln, Penhook, VA 24137

  +/- 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
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  /75

  $2,199,900

  • 4 Beds
  • 5.5 Baths
  • 5,484 Sq Ft

  211 Big Cove Dr, Penhook, VA 24137

  REDUCED! Discover this exquisite one of a kind new construction in Penhook. Dock will be completed for you to enjoy soon. Over an acre lot with a gentle slope to the lake. Once you enter the door you will be amazed at the quality of construction throughout. Wide trim and moldings complement every room. Entertain in the gourmet kitchen which flows to the 28x16 covered porch. Four large bedrooms

  Rosie Gantt Century 21 ALL-SERVICE

  211 Big Cove Dr, Penhook, VA 24137
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  /3

  $35,000

  • Land
  • 1.09 Acres
  • $32,110 per Acre

  Lot 6 Waterside Terrace, Penhook, VA 24137

  Wide water frontage lot on Peaceful Leesville Lake. Building site offers Mountain and lake views. Great hard surface roads to the lot. Boat launch within roughly 1 mile. Build your place at the lake today! (water frontage is estimated. All information to be verified by Buyer.)

  Delene Morgan LAKE HOMES REALTY, LLC

  Lot 6 Waterside Terrace, Penhook, VA 24137
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  /34

  $25,000

  • Land
  • 0.47 Acre
  • $53,191 per Acre

  Lot 284 Cross Tower Dr, Penhook, VA 24137

  Welcome to The Waters Edge! Great building Lot, Mostly Wooded, Level Building Site with Privacy, Paved Roads. Hook up fees and septic system to be installed by purchaser.

  Alla Scott COLDWELL BANKER TOWNSIDE, REALTORS(r)

  Lot 284 Cross Tower Dr, Penhook, VA 24137
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  /47

  $799,950

  • 4 Beds
  • 3 Baths
  • 2,838 Sq Ft

  214 Anthony Ford Rd, Penhook, VA 24137

  One owner home with waterfrontage on the main channel of Smith Mountain Lake. Picturesque sunrises can be enjoyed from the sunroom while enjoying your morning coffee. This home is situated on a road with a cul-de-sac and has 4 bedrooms, 3 bathrooms and a large family room with a gas-log fireplace. The large double-car garage offers plenty of storage as well as a separate bonus room with full

  Lisa Sine CB SALES AND RENTALS INC

  214 Anthony Ford Rd, Penhook, VA 24137
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  /34

  $309,900

  • 2 Beds
  • 1 Bath
  • 1,332 Sq Ft

  1179 Danville Turnpike, Penhook, VA 24137

  Set on 28.5 +/- acres in Penhook, Virginia, this property offers a rare opportunity to own an expansive tract of land with a private pond and close proximity to Smith Mountain Lake. The acreage provides a mix of open and wooded areas, making it an excellent setting for outdoor recreation, hunting, or a private retreat. The home on the property presents an opportunity for renovation, expansion, or

  Amy Winikur Copper Key Realty, LLC

  1179 Danville Turnpike, Penhook, VA 24137
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  /11

  $22,000

  • Land
  • 0.54 Acre
  • $40,741 per Acre

  LOT 273 Niblicks Cir, Penhook, VA 24137

  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
• 

  

  /12

  $28,000

  • Land
  • 0.78 Acre
  • $35,897 per Acre

  Lot 218A Hunterwood Cir, Penhook, VA 24137

  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
• 

  

  /13

  $64,900

  • Land
  • 0.42 Acre
  • $154,524 per Acre

  Lot 96 Sandwedge Cir, Penhook, VA 24137

  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
• 

  

  /19

  $40,000

  • Land
  • 0.73 Acre
  • $54,795 per Acre

  Lot 383 Mountain Shore Dr, Penhook, VA 24137

  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
• 

  

  /26

  $699,000

  • Land
  • 1.91 Acres
  • $365,969 per Acre

  LOT 474 Southwood Dr, Penhook, VA 24137

  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
• 

  

  /11

  $99,900

  • Land
  • 0.5 Acre
  • $199,800 per Acre

  LOT 29 Waters Edge Dr, Penhook, VA 24137

  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

Showing Results 1 - 40, Page 1 of 2

Why Live in Penhook

Penhook, Virginia, is a serene community nestled along the southern banks of Smith Mountain Lake, offering a blend of lakefront and rural living. The area is divided by Old Franklin Turnpike, with one side featuring luxurious homes around Water’s Edge Country Club and the other showcasing expansive rural properties. The country club, established in the late 1980s, is a focal point with amenities like a PGA golf course, tennis courts, an equestrian center, and a clubhouse with a gym and restaurant. Smith Mountain Lake is a hub for outdoor attractions, providing opportunities for fishing, boating, and hiking along the Smith Mountain Lake Trail. Residential options range from ranch-style homes and farmhouses to luxury estates, with architectural styles including New England and Colonial Revival. Education is served by Franklin County Public Schools, with highly rated institutions like Glade Hill Elementary and Franklin County High School. Local dining includes spots like The Little Mule Café and Carl’s Place, while nearby Rocky Mount offers grocery stores and national retailers. Roanoke, less than 35 miles away, provides access to larger shopping centers. Penhook's unique setting offers both a lake-centric lifestyle and a rural countryside experience.

Learn more about living in Penhook

Frequently Asked Questions

What is the average home price in Penhook, VA?

Homes for sale in Penhook, VA have an average home price of $1,337,976.

Are home prices dropping in Penhook?

Yes, home prices in Penhook are down 17% in the last 12 months.

How many homes have sold over the last 12 months in Penhook, VA?

30 homes have sold in Penhook, VA over the last 12 months.

What are the most popular zip codes in Penhook, VA?

The most popular zip codes in Penhook, VA include 24137, 24161, 24176, 24121 and 24104.

How much do you need to make to afford a house in Penhook?

The median home price in Penhook is $999,900. If you put a 20% down payment of $200,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $4,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $213K a year to afford the median home price in Penhook.

How are the schools in Penhook, VA?

Penhook, VA has highly rated public and private schools. Some of the best schools in Penhook based on Niche Grades are Snow Creek Elementary School, Gretna Elementary School and Dudley Elementary School. Browse all the schools in Penhook, VA to learn more.

Home Trends in Penhook, VA

On average, homes in Penhook, VA sell after 55 days on the market compared to the national average of 52 days. The median sale price for homes in Penhook, VA over the last 12 months is $973,500, down 28% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$973,500

Median Single Family Sale Price

$997,000

Median Townhouse Sale Price

$1,447,500

Average Price Per Sq Ft

$353

Number of Homes for Sale

14

Last 12 months Home Sales

30

Months of Supply

5.60

Median List Price

$999,900

Median Change From 1st List Price

2%

Median Home Sale Price YoY Change

-28%