Penhook, VA Homes for Sale

• 

  

  

  /11

  $99,900

  • Land
  • 21,780 Sq Ft
  • $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

  (540) 559-5094

  LOT 29 Waters Edge Dr, Penhook, VA 24137
• Explore Penhook

• 

  

  

  /13

  $59,900

  • Land
  • 18,295 Sq Ft
  • $142,619 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

  (540) 930-0962

  Lot 96 Sandwedge Cir, Penhook, VA 24137
• 

  

  

  /11

  $20,000

  • Land
  • 23,522 Sq Ft
  • $37,037 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

  (540) 410-0738

  LOT 273 Niblicks Cir, Penhook, VA 24137
• 

  

  

  /19

  $35,000

  • Land
  • 31,798 Sq Ft
  • $47,945 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

  (540) 361-6883

  Lot 383 Mountain Shore Dr, Penhook, VA 24137
• 

  

  

  /18

  $229,000

  • Land
  • 27,878 Sq Ft
  • $357,812 per Acre

  LOT 236 Marina Bay Dr, Penhook, VA 24137

  Rare find in The Water's Edge Golf & Country Club! This beautiful water-access lot offers the best position and includes Deeded Boat Slip #1 in the Marina Bay community dock with deep water and just a short walk away. Enjoy all the premier amenities: championship golf, clubhouse, pool, tennis, fitness, dining, and Smith Mountain Lake's pristine beauty. Build your dream lake house and start

  

  Debbie Shelton

  BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  (540) 502-4821

  LOT 236 Marina Bay 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.

  

  Debbie Shelton

  BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  (540) 625-1835

  LOT 474 Southwood Dr, Penhook, VA 24137
• 

  

  /3

  $25,000

  • Land
  • 33,976 Sq Ft
  • $32,051 per Acre

  Lot 218A Hunterwood Cir, Penhook, VA 24137

  Discover the perfect setting for your dream home in this beautiful wooded cul-de-sac lot nestled within a prestigious country club golf community. Offering exceptional privacy along with scenic views of the golf driving range and clubhouse, this homesite combines peaceful surroundings with an unbeatable location. Enjoy an easy stroll to the clubhouse and an incredible lifestyle filled with

  

  Dana Montgomery

  BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  (540) 404-2086

  Lot 218A Hunterwood Cir, Penhook, VA 24137
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  /2

  $35,000

  • Land
  • 26,136 Sq Ft
  • $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) 778-9725

  Lot 405 Mountain Shore Dr, Penhook, VA 24137
• 

  

  /14

  $49,900

  • Land
  • 31,798 Sq Ft
  • $68,356 per Acre

  LOT 377 Morgans Mill Dr, Penhook, VA 24137

  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

  (540) 924-1793

  LOT 377 Morgans Mill Dr, Penhook, VA 24137
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  /86

  $2,375,000

  • 4 Beds
  • 4.5 Baths
  • 5,390 Sq Ft

  145 Bridleridge Rd, Penhook, VA 24137

  Stunning Lakefront Contemporary Designed for comfortable main-level living. Features a spacious primary ensuite. A 2nd Primary Ensuite on the upper level. Beautifully renovated kitchen with breakfast area w/ gorgeous lake views framed by surrounding windows. Great room with a gas fireplace and built-in shelves, complemented by a formal dining room for entertaining. The upper level also features a

  

  Glenda McDaniel

  LONG & FOSTER - SMITH MTN LAKE

  (540) 559-5782

  145 Bridleridge Rd, Penhook, VA 24137
• 

  

  /3

  $199,900

  • Land
  • 33,541 Sq Ft
  • $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

  (540) 352-4621

  LOT 454 E Pointe Dr, Penhook, VA 24137
• 

  

  /140

  $1,159,000

  New Construction

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

  31 Flagstick Ct, Penhook, VA 24137

  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 - UNION HALL

  31 Flagstick Ct, Penhook, VA 24137
• 

  

  /26

  $50,000

  $15K PRICE DROP

  • Land
  • 1.36 Acres
  • $36,765 per Acre

  Talon Ridge Rd Lot: 170, Penhook, VA 24137

  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.Copyright © 2026 Roanoke Valley Association of Realtors. All rights

  Charlene Jones RE/MAX LAKEFRONT REALTY INC

  Talon Ridge Rd Lot: 170, Penhook, VA 24137
• 

  

  /38

  $515,000

  • 2 Beds
  • 2 Baths
  • 1,242 Sq Ft

  410 Marina Bay Dr Unit 102, Penhook, VA 24137

  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 Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  410 Marina Bay Dr Unit 102, Penhook, VA 24137
• 

  

  /84

  $679,900

  • 3 Beds
  • 3 Baths
  • 1,891 Sq Ft

  268 Sweetwater Bay Dr, Penhook, VA 24137

  Perched atop a breathtaking rolling landscape with sweeping views of Smith Mountain Lake, this special 3-acre retreat offers a rare blend of natural beauty, privacy, and outdoor recreation. Surrounded by pastoral scenery with 45+ acres of open pasture stretching across the front yard and over 5,000 acres of the Smith Mountain Cooperative Wildlife Management Area bordering the backyard, the

  Jada Turner BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  268 Sweetwater Bay Dr, Penhook, VA 24137
• 

  

  /94

  $2,975,000

  • 6 Beds
  • 7 Baths
  • 5,370 Sq Ft

  332 Saddleridge Dr, Penhook, VA 24137

  Beautiful custom home in The Waters Edge with gentle slope leading to the lake. Inside, the welcoming foyer with hardwood flooring opens to a stunning great room and dining area with coffered ceilings and a striking stack-stone masonry fireplace with gas logs. The open kitchen offers upscale appliances, and custom cabinetry and flows seamlessly to an expansive covered porch with ipea

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  332 Saddleridge Dr, Penhook, VA 24137
• 

  

  /31

  $649,900

  • Land
  • 1.15 Acres
  • $565,130 per Acre

  Lot 4 Sweetwater Bay Dr, Penhook, VA 24137

  Discover an extraordinary opportunity to build your custom lakefront estate in The Sanctuary at Smith Mountain Lake. Private and serene, this exceptional estate lot in the Sanctuary Bay section is ideally positioned near the end of a quiet cul-de-sac and spans over one acre. Featuring breathtaking protected views, deep-water frontage with room for an expansive dock, and unparalleled privacy near

  Courtney Greco EXP REALTY, LLC - UNION HALL

  Lot 4 Sweetwater Bay Dr, Penhook, VA 24137
• 

  

  /79

  $2,375,000

  • 5 Beds
  • 5 Baths
  • 4,499 Sq Ft

  155 Shoreline Cir, Penhook, VA 24137

  Welcome to Loch Leane Cottage-Lake of Beauty in Irish-a Southern inspired retreat where luxury, craftsmanship, and breathtaking sunsets and wide-water views come together. Dramatic coffered ceilings, rich Mullican walnut flooring, and a stacked-stone wood-burning fireplace sets an elevated tone throughout the main living spaces. Vaulted and beautifully trimmed rooms open to expansive Anderson

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  155 Shoreline Cir, Penhook, VA 24137
• 

  

  /8

  $749,500

  • Land
  • 7.79 Acres
  • $96,213 per Acre

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

  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
• 

  

  /8

  $35,000

  • Land
  • 20,473 Sq Ft
  • $74,468 per Acre

  Lot 298 Upland Shores Dr, Penhook, VA 24137

  An exceptional opportunity to build your dream residence on a beautifully wooded, gently sloping lot graced with mature hardwoods. This premier homesite offers privacy, natural beauty, and access to an exclusive active Waters Edge membership-available to purchasers for $35K within 30 days of closing. Residents enjoy an impressive array of amenities, including golf, tennis/pickleball, Jr. olympic

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  Lot 298 Upland Shores Dr, Penhook, VA 24137
• 

  

  /23

  $389,500

  • 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
• 

  

  /136

  $859,000

  • 3 Beds
  • 4.5 Baths
  • 3,922 Sq Ft

  1615 Turkeycock Ln, Penhook, VA 24137

  Perched along the breathtaking ridgeline of Turkeycock Mountain, this extraordinary nearly 4,000 sq ft brick estate offers an unmatched combination of luxury, privacy, acreage, and panoramic mountain views. This stunning 3-bedroom, 4.1 bath home, situated on 53+ acres of beautiful woods and open pasture, is perfectly designed for those seeking refined mountain living with room to roam. Equestrian

  Bart Smith MKB, REALTORS(r) - AT THE LAKE

  1615 Turkeycock Ln, Penhook, VA 24137
• 

  

  /52

  $725,000

  • 3 Beds
  • 3 Baths
  • 1,520 Sq Ft

  1111 Jefferson Dock Rd, Penhook, VA 24137

  Gorgeous AFFORDABLE Smith Mountain Lake waterfront home offering the ultimate lake lifestyle with incredible views, extensive upgrades, and an exceptional double-slip dock! POTENTIAL to be used as a short term rental! This beautifully maintained 3-bedroom, 3-bath home is designed for both comfort and entertaining, featuring a finished basement complete with a bedroom and full bathroom, ideal for

  Kendra Porter VIRGINIA REALTY GROUP

  1111 Jefferson Dock Rd, Penhook, VA 24137
• 

  /2

  $129,900

  • Land
  • 21,780 Sq Ft
  • $259,800 per Acre

  LOT 126 Lands End Rd, Penhook, VA 24137

  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
• 

  

  /6

  $95,000

  • Land
  • 23,958 Sq Ft
  • $172,727 per Acre

  Lot 113 Cross Harbour Dr, Penhook, VA 24137

  The Waters Edge - Enjoy building your beautiful home on the homesite over looking #14 fairway with seasonal views of the water. Septic and water hook up fees are the responsibility of the Purchasers.

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  Lot 113 Cross Harbour Dr, Penhook, VA 24137
• 

  

  /89

  $1,595,000

  • 4 Beds
  • 3.5 Baths
  • 3,703 Sq Ft

  253 Island Green Dr, Penhook, VA 24137

  FULLY updated (2021) waterfront townhome with open floor plan. Located in the beautiful Island Green Neighborhood at the Water's Edge Country Club. Large beautiful quiet cove, great for enjoying the lake without concerns for boat traffic and safe for all (children, grandchildren). Close to the #7 signature hole. Short walk to the boat dock. Decorated as a four bedroom. Also has large loft (upper

  Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  253 Island Green Dr, Penhook, VA 24137
• 

  

  /51

  $719,900

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

  145 Golfers Crossing Dr, Penhook, VA 24137

  Country club living in this turn-key Nantucket-style, furnished lake home in the popular community of Waters Edge. Home has natural light, vaulted ceiling, and hardwood floors. Entry level has a living room with w/gas FP, dining area, kitchen with cherry cabinets, large main bedroom, office, laundry room and powder room. Covered back porch overlooks 12th fairway and Smith Mountain. Upper level

  Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  145 Golfers Crossing Dr, Penhook, VA 24137
• 

  

  /102

  $700,000

  • 2 Beds
  • 2.5 Baths
  • 1,866 Sq Ft

  30 Island Green Dr Unit 4, Penhook, VA 24137

  Located in the sought-after Island Green section of The Water's Edge, this 2 bedroom, 2..1 bath townhome is all about the view. A dramatic glass wall showcases unobstructed views of Smith Mountain Lake and the Island Green #7 and #8 golf hole - truly the standout feature of this home.Inside, you'll find high ceilings, hardwood floors, a gas log fireplace, and a granite kitchen, all in a fresh,

  Abigail Cooper MKB, REALTORS(r)

  30 Island Green Dr Unit 4, Penhook, VA 24137
• 

  

  /302

  $3,650,000

  New Construction

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

  2650 Waters Edge Dr, Penhook, VA 24137

  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
• 

  

  /106

  $2,395,000

  • 4 Beds
  • 3.5 Baths
  • 5,565 Sq Ft

  25 Findlay Cir, Penhook, VA 24137

  Step into this immaculate home and immediately unwind as you take in the expansive wide-water views framed by the beauty of Smith Mountain. The main level primary suite offers comfort and convenience, complemented by updated bath and kitchen renovations completed in 2014. The new outdoor living spaces elevate the experience even further, featuring an elevated bird's-eye view of the mountain with

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  25 Findlay Cir, Penhook, VA 24137
• 

  

  /54

  $997,000

  • 4 Beds
  • 5 Baths
  • 4,670 Sq Ft

  75 Milestone Ln, Penhook, VA 24137

  A beautiful Nantucket Style home (Spindrift model) in the Golfers Crossing area of The Waters Edge Country Club community. Views from home and two covered porches (upper and lower level) include the 18th fairway, country club and mountains in distance. Fireplace (with gas logs), hardwood floors, granite counter tops. This home offers (not seen in other models) a very large area under the garage

  Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  75 Milestone Ln, Penhook, VA 24137
• 

  

  /7

  $59,000

  • Land
  • 33,541 Sq Ft
  • $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
• 

  

  /13

  $32,000

  • Land
  • 27,442 Sq Ft
  • $50,794 per Acre

  Lot 297 Morgans Mill Dr, Penhook, VA 24137

  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. Club membership is not included. Membership would provide 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
• 

  

  /85

  $3,125,000

  • 5 Beds
  • 5.5 Baths
  • 5,805 Sq Ft

  315 Upland Shores Dr, Penhook, VA 24137

  Experience timeless English Country in this custom built home with stunning water and mountain views, including the cove, main channel, and Peaks of Otter. Features hand-hewn beams, stacked-stone fireplace, custom cabinetry and floor-to-ceiling windows. Recent updates by Tim Rutrough include renovated primary and half bath with quartz, new cabinetry, lighting, sconces and heated flooring in

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  315 Upland Shores Dr, Penhook, VA 24137
• 

  

  /13

  $87,000

  • Land
  • 1.05 Acres
  • $82,857 per Acre

  LOT 473 Southwood Dr, Penhook, VA 24137

  The Waters Edge-This beautiful homesite is perfectly positioned along peaceful greenspace with stunning views of the #3 green and fairway. Enjoy spectacular sunsets from your future home in one of the community's most desirable settings. Septic system installation and water hook-up fees are the responsibility of the purchasers. Come experience all that this exceptional community has to offer.

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  LOT 473 Southwood Dr, Penhook, VA 24137
• 

  

  /27

  $50,000

  • Land
  • 1.36 Acres
  • $36,765 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
• 

  

  /3

  $1,800,000

  • Land
  • 24,829 Sq Ft
  • $3,157,895 per Acre

  31 Mountain Glen Dr, Penhook, VA 24137

  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
• 

  

  /111

  $1,350,000

  • 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, DECORATED AS 4BRs, 3 baths, 2 car gar, Greatroom with cathedral ceiling, radiant heat floors, rock fireplace, ample space for entertaining & beautiful kitchen!

  Christy Ploch MARK A DALTON & COMPANY INC

  4344 Smith Mountain Rd, Penhook, VA 24137
• 

  

  /6

  $499,900

  • Land
  • 41,382 Sq Ft
  • $526,211 per Acre

  0 Morgans Mill Dr Unit 806383, Penhook, VA 24137

  Active club membership ($35K 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
• 

  

  /69

  $2,250,000

  • 5 Beds
  • 4.5 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. Take in the serene green space to the right of the home, creating a natural buffer

  Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

  125 Grande Villa 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 $1,617,838.

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

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

What is the average household income in Penhook, VA?

The average household income in Penhook, VA is $115K.

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

The most popular zip codes in Penhook, VA include 24137, 24176, 24161, 24121 and 24184.

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

The median home price in Penhook is $1,470,000. If you put a 20% down payment of $294,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $7,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $318K a year to afford the median home price in Penhook. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Penhook is $115K.

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 Prices in Penhook, VA

The median home sale price in Penhook, VA is $1,499,000, up 61% year-over-year. Homes in Penhook sell in 74 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price $1,499,000	Median Single Family Sale Price $1,159,000
Median Townhouse Sale Price $962,500	Median 2 Bedroom Sale Price $607,000
Average Price Per Sq Ft $382	Number of Homes for Sale 18
Last 12 months Home Sales 31	Months of Supply 7.00
Median List Price $1,470,000	Median Change From 1st List Price 2%
Median Home Sale Price YoY Change 61%