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Penhook, VA Homes for Sale with Acreage

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  • 780 Adkins Rd, Penhook, VA 24137
    780 Adkins Rd, Penhook, VA 24137
    780 Adkins Rd, Penhook, VA 24137
    /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
  • 4344 Smith Mountain Rd, Penhook, VA 24137
    4344 Smith Mountain Rd, Penhook, VA 24137
    4344 Smith Mountain Rd, Penhook, VA 24137
    /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
  • 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

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

    $541,450

    • Land
    • 242 Acres
    • $2,237 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
  • 6613 Truevine Rd, Penhook, VA 24148
    6613 Truevine Rd, Penhook, VA 24148
    6613 Truevine Rd, Penhook, VA 24148
    /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
  • 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

    • 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
  • 1179 Danville Turnpike, Penhook, VA 24137
    1179 Danville Turnpike, Penhook, VA 24137
    1179 Danville Turnpike, Penhook, VA 24137
    /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
  • 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

    • 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
Virginia Franklin County Penhook

Homes for Sale with Acreage in Penhook, VA

Home Trends in Penhook, VA

On average, homes in Penhook, VA sell after 54 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 $950,000, down 28% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$950,000
Median Single Family Sale Price
$947,500
Median Townhouse Sale Price
$1,595,000
Average Price Per Sq Ft
$348
Number of Homes for Sale
15
Last 12 months Home Sales
34
Months of Supply
5.30
Median List Price
$999,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-28%
How to Buy a Home How to Finance a Home How to Sell a Home

In Penhook, there are currently 8 homes for sale with acreage, providing ample space for homeowners to customize their living environment, whether for expansive gardens, outdoor entertaining, or enhanced privacy. Whether you're in search of a spacious family home with plenty of room to roam, a property ripe for development, or simply seeking space and tranquility, homes for sale with acreage in Penhook, VA offer the flexibility to tailor your living experience to your preferences. Browse the selection of homes for sale with land in Penhook and discover the potential and freedom that comes with owning your own piece of property.

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