17

Penhook, VA Homes for Sale with Acreage

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  • LOT 474 Southwood Dr, Penhook, VA 24137
    LOT 474 Southwood Dr, Penhook, VA 24137
    LOT 474 Southwood 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.

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 625-1835

    LOT 474 Southwood Dr, Penhook, VA 24137
  • Talon Ridge Rd Lot: 170, Penhook, VA 24137
    Talon Ridge Rd Lot: 170, Penhook, VA 24137
    Talon Ridge Rd Lot: 170, Penhook, VA 24137
    /26

    $65,000

    • Land
    • 1.36 Acres
    • $47,794 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
  • 268 Sweetwater Bay Dr, Penhook, VA 24137
    268 Sweetwater Bay Dr, Penhook, VA 24137
    268 Sweetwater Bay Dr, 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
  • Lot 4 Sweetwater Bay Dr, Penhook, VA 24137
    Lot 4 Sweetwater Bay Dr, Penhook, VA 24137
    Lot 4 Sweetwater Bay 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
  • 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
  • 1615 Turkeycock Ln, Penhook, VA 24137
    1615 Turkeycock Ln, Penhook, VA 24137
    1615 Turkeycock Ln, 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
  • 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

    $65,000

    • Land
    • 1.36 Acres
    • $47,794 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
  • 4344 Smith Mountain Rd, Penhook, VA 24137
    4344 Smith Mountain Rd, Penhook, VA 24137
    4344 Smith Mountain Rd, Penhook, VA 24137
    /106

    $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
  • 620 Plantation Dr, Penhook, VA 24137
    620 Plantation Dr, Penhook, VA 24137
    620 Plantation Dr, Penhook, VA 24137
    /15

    $675,000

    • Land
    • 18 Acres
    • $37,500 per Acre

    620 Plantation Dr, Penhook, VA 24137

    Campground on Smith Mountain Lake. This campground is being sold at a Special Commissioner's Auction on Wednesday, June 10, 2026 at 11AM. Auction is being held at The Pavilion at Black Water Junction, 356 Bethel Lane, Union Hall, VA. 18 deeded acres with 8.9+/- acres above the 800 foot contour. Approximately 1,677 feet of water frontage at the 800 ft contour. Campers and trailers belong to

    Russell Seneff WOLTZ & ASSOCIATES

    620 Plantation Dr, Penhook, VA 24137
  • 6 Low Country Dr, Penhook, VA 24137
    6 Low Country Dr, Penhook, VA 24137
    6 Low Country Dr, Penhook, VA 24137
    /61

    $1,699,000

    • 4 Beds
    • 4.5 Baths
    • 3,514 Sq Ft

    6 Low Country Dr, Penhook, VA 24137

    A rare blend of luxury, privacy, and lakefront perfection.Nestled on 1.7 secluded acres in The Water's Edge, this extensively renovated 4-bedroom, 4.5-bath modern waterfront home showcases exceptional attention to detail throughout. Enjoy a gentle slope to the water, a quiet cove, and an impressive 260 feet of shoreline--a rare find on Smith Mountain Lake.Inside, soaring vaulted ceilings, premium

    Michelle Vandergrift KELLER WILLIAMS REALTY LYNCHBURG

    6 Low Country Dr, 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
    /13

    $699,900

    • Land
    • 2.35 Acres
    • $297,830 per Acre

    LOT 23 Mountain Vista Dr, Penhook, VA 24137

    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
  • 498 Meeks Rd, Penhook, VA 24137
    498 Meeks Rd, Penhook, VA 24137
    498 Meeks Rd, Penhook, VA 24137
    /74

    $699,900

    • 4 Beds
    • 4.5 Baths
    • 3,209 Sq Ft

    498 Meeks Rd, Penhook, VA 24137

    Nestled on 18.8 secluded acres along the Pigg River, this expansive home offers privacy, space, and a hard-to-find blend of modern living with homestead potential. Inside, hardwood floors flow through an open, airy layout, with balcony views and a generous walk-in closet. The lower level features a self-contained in-law suite complete with its own full kitchen and laundry, ideal for guests or

    Doug Trexell REALTY ONE GROUP LEADING EDGE

    498 Meeks Rd, Penhook, VA 24137
  • 1179 Danville Turnpike, Penhook, VA 24137
    1179 Danville Turnpike, Penhook, VA 24137
    1179 Danville Turnpike, Penhook, VA 24137
    /43

    $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 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 use as a weekend

    Amy Winikur Copper Key Realty, LLC

    1179 Danville Turnpike, Penhook, VA 24137
  • 255 Plantation Dr, Penhook, VA 24137
    255 Plantation Dr, Penhook, VA 24137
    255 Plantation Dr, Penhook, VA 24137
    /18

    $525,000

    • 2 Beds
    • 2 Baths
    • 2,884 Sq Ft

    255 Plantation Dr, Penhook, VA 24137

    If You are looking for a Well Crafted Cottage Style Home, Look no further! Paved Driveway,2 Car Attached Garage with Auto Lift, 1 Car Carport Detached, Storage Shed, Paver Walkway, Hardi Plank & Stone Exterior, Vinyl Clad Windows, Ceramic Tile in Bathrooms, Carpet in Bedrooms and Hardwood throughout the rest. Kitchen features Stainless Steel Appliances and Granite Countertops, Gas Log Fireplace

    Tracy David DAVID & COMPANY REALTY LLC

    255 Plantation Dr, 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
  • 5200 Snow Creek Rd, Penhook, VA 24137
    5200 Snow Creek Rd, Penhook, VA 24137
    5200 Snow Creek Rd, Penhook, VA 24137
    /22

    $149,900

    $25K PRICE DROP
    • 2 Beds
    • 1.5 Baths
    • 820 Sq Ft

    5200 Snow Creek Rd, Penhook, VA 24137

    A small but nice country home, sitting on 2.35 acres of rolling land. The home interior is well-done, very tastefully decorated, is clean and fresh, and would make a great place to live for almost anyone. Bedrooms have colorful wooden floors (maybe original), with other floors being laminate and tile. Home also has a deck that affords quiet and easy afternoon relaxation. Behind the home is a

    Oscar Robertson CRESTAR REALTY GROUP, INC.

    5200 Snow Creek Rd, 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

    $55,000

    • Land
    • 2.55 Acres
    • $21,569 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
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 68 days on the market compared to the national average of 58 days. The median sale price for homes in Penhook, VA over the last 12 months is $1,499,000, up 69% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$1,499,000
Median Single Family Sale Price
$1,284,500
Median Townhouse Sale Price
$962,500
Average Price Per Sq Ft
$375
Number of Homes for Sale
17
Last 12 months Home Sales
33
Months of Supply
6.20
Median List Price
$1,484,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
69%
How to Buy a Home How to Finance a Home How to Sell a Home

In Penhook, there are currently 17 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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