22

Penhook, VA Homes for Sale with Acreage

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  • /4

    $59,000

    • Land
    • 2.01 Acres
    • $29,353 per Acre

    Lot 2B Snow Creek Rd, Penhook, VA 24137

    Peaceful 2.013-acre partially wooded property on Snow Creek Road featuring a flat building spot and existing gravel driveway. This property comes complete with a large metal garage already on-site, offering a major head start for your storage or project needs. Enjoy quiet country living with no HOA restrictions holding you back.

    Agent Photo

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 2B Snow Creek Rd, Penhook, VA 24137
  • /2

    $45,000

    • Land
    • 2.28 Acres
    • $19,737 per Acre

    Lot 1A Snow Creek Rd, Penhook, VA 24137

    Great 2.2-acre buildable tract on Snow Creek Road with plenty of road frontage and a proposed drain field already mapped out. Perfect blank slate if you're looking to build custom or bring in a modular home with no HOA restrictions holding you back. Enjoy peaceful country living with plenty of room to breathe and make it your own. Easy to walk and ready for your plans

    Agent Photo

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 1A Snow Creek Rd, Penhook, VA 24137
  • /4

    $99,000

    • Land
    • 4.29 Acres
    • $23,077 per Acre

    1A & 2B Snow Creek Rd, Penhook, VA 24137

    Create your own private country estate with this combined 4.295-acre property on Snow Creek Road. This rare multi-parcel offering blends the best of both worlds. Vacant acreage with existing gravel driveway and a large metal garage already in place. Wide open building lot on the adjoining parcel. Enjoy peaceful, wide-open country living with plenty of room to breathe, multiple flat building

    Agent Photo

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    1A & 2B Snow Creek Rd, Penhook, VA 24137
  • /50

    $650,000

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

    255 Plantation Dr, Penhook, VA 24137

    Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment.The completely renovated 1950 cottage features approximately 2,500 square feet of

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    255 Plantation Dr, Penhook, VA 24137
  • /17

    $163,000

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft

    2765 Hatchett Rd, Penhook, VA 24137

    Check out this cute ranch home sitting on 1.2 acres. The full basement gives opportunity to double your finished sq ft. You can have your laundry area upstairs or on the lower level. LBP info in docs. Property is owned by the US Dept of HUD. 541-929907 IN, subject to appraisal. Seller makes no representations or warranties as to property condition. Sold ''AS IS.'' EHO. Seller may contribute up to

    Agent Photo

    Lucinda Scruggs

    QUALITY REALTY

    2765 Hatchett Rd, 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

    LOT 474 Southwood Dr, Penhook, VA 24137
  • /84

    $649,900

    • 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
  • /38

    $216,000

    • 3 Beds
    • 2 Baths
    • 920 Sq Ft

    36 Nutmeg Ln, Penhook, VA 24137

    Fabulous 3 BR, 2 bath home situated on 1.59 acres. Great country setting with generous yard,.. the outside deck perfect for entertaining. Home has been renovated with neutral paint, new solid wood interior doors, trim, bathrooms with granite countertop and new LVP flooring. Also recent replacement of exterior windows, gutters, shutters and exterior doors as well as decking, lighting and roof.

    Debbie Key CB SALES AND RENTALS INC

    36 Nutmeg Ln, 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
  • /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
  • /17

    $850,000

    $50K PRICE INCREASE
    • Land
    • 322 Acres
    • $2,640 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
  • /57

    $224,800

    • 4 Beds
    • 1 Bath
    • 1,753 Sq Ft

    8357 Snow Creek Rd, Penhook, VA 24137

    Bring your vision and make this property your own! If you've been looking for an affordable opportunity and don't mind putting in a little work, this home offers plenty of potential to create a space that fits your style. Enjoy a spacious, level yard with plenty of room for gardening, pets, outdoor activities, or entertaining. The detached garages provide additional space for parking and storage,

    Carol Ann Forry PROPERTY NAVIGATORS LLC

    8357 Snow Creek Rd, Penhook, VA 24137
  • /22

    $175,000

    • Land
    • 6.35 Acres
    • $27,559 per Acre

    10521 Snow Creek Rd, Penhook, VA 24137

    Development opportunity on Snow Creek! This partially completed development is being sold as-is and includes multiple unfinished structures already in place, offering an excellent opportunity for an investor or developer to complete the project. An additional gravel road was added by the owner for improved access. Per seller, the Creek serves as the property line. Buyer to verify all permits,

    Jessica Crouch Copper Key Realty, LLC

    10521 Snow Creek Rd, Penhook, VA 24137
  • /63

    $1,599,000

    • 4 Beds
    • 4 Baths
    • 2,645 Sq Ft

    6015 Smith Mountain Rd, Penhook, VA 24137

    Rare opportunity to own this beautiful lakefront home located at the foothills of Smith Mountain, gorgeous lake and mountain views all around, natural sand beach, double slip dock w/floater, fire pit, hot tub, it has it all, plans already approved for an infinity pool overlooking the lake, included is a vacant lot fronting Smith Mountain Road for total acreage of 1.19+/- acres, many possibilities

    Barbara Johnston SOUTH LAKE REAL ESTATE LLC

    6015 Smith Mountain Rd, Penhook, VA 24137
  • /67

    $2,390,000

    $105K PRICE DROP
    • 9 Beds
    • 6 Baths
    • 4,150 Sq Ft

    200 Sweetwater Bay Dr, Penhook, VA 24137

    SHORT TERM RENTABLE WATERFRONT LUXURY AT ITS FINEST IN ONE OF SMITH MOUNTAIN LAKE'S MOST COVETED LOCATIONS! Welcome to your future extraordinary waterfront property where sophisticated design and spectacular construction come together in harmony. Set to be completed in October 2026, this exceptional Craftsman-inspired luxury estate is set on a rare, level waterfront lot with pristine water,

    Kendra Porter VIRGINIA REALTY GROUP

    200 Sweetwater Bay Dr, Penhook, VA 24137
  • /5

    $45,000

    • Land
    • 1.5 Acres
    • $30,000 per Acre

    Lot 2 Morgans Fork Rd, Penhook, VA 24137

    Level to Gentle Sloping Lot with Deeded Lake Access.

    Tracy David DAVID & COMPANY REALTY LLC

    Lot 2 Morgans Fork Rd, Penhook, VA 24137
  • /3

    $39,500

    • Land
    • 1.09 Acres
    • $36,239 per Acre

    Lot 6 Waterside Terrace, Penhook, VA 24137

    Discover the opportunity to build your dream home in the peaceful Waterside Terrace community on beautiful Leesville Lake. Lot 6 offers a chance to create your own private retreat surrounded by the natural beauty and tranquility of Southwest Virginia. Enjoy the relaxed lake lifestyle with opportunities for boating, fishing, kayaking, and enjoying the outdoors right in your own backyard. Whether

    Delene Morgan LAKE HOMES REALTY, LLC

    Lot 6 Waterside Terrace, 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
  • /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
  • /42

    $304,000

    • 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
  • /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
  • /4

    $1,950,000

    • Land
    • 1.45 Acres
    • $1,344,828 per Acre

    365 Hardy Rd, Penhook, VA 24137

    Two of the prettiest lots on Smith Mountain Lake! Gorgeous wide water and mountain views with 1.45 total acres across both lots and 320 feet of rip-rap shoreline. A custom boathouse with cabana is already in place, along with well and septic. Absolutely Gorgeous!

    Mark Dalton Mark A. Dalton & Co., Inc.

    365 Hardy Rd, Penhook, VA 24137

Home Price Trends

Median Sale Price
$1,499,900
Median Single Family Sale Price
$1,324,500
Median Townhouse Sale Price
$1,225,000
Median 2 Bedroom Sale Price
$582,500
Average Price Per Sq Ft
$378
Number of Homes for Sale
22
Last 12 months Home Sales
27
Months of Supply
6.70
Median List Price
$1,394,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
54%
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