18

Penhook, VA Homes for Sale with Acreage

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  • /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
  • /51

    $629,900

    • 2 Beds
    • 3.5 Baths
    • 1,500 Sq Ft

    208 Munsons Rd, Penhook, VA 24137

    Unique opportunity to own 4.349 Acres on Smith Mountain Lake with 570 ft of shoreline along the 800 Contour. Great for Family Compound or Possible Short Term Rental Investment. Includes a 1981 Manufactured Home with 2bedroom and 2 baths including a newer bath addition with walk in shower, plus covered porch and screened porch, Lake Cabin down at the dock with 1 bath and covered porch, Detached

    Agent Photo

    Glenda McDaniel

    LONG & FOSTER - SMITH MTN LAKE

    208 Munsons Rd, 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
  • /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
  • /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
  • /62

    $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, and yes, there is room to install a pool overlooking the lake if you desire, plans already approved for an infinity pool, included is a vacant lot fronting Smith Mountain

    Barbara Johnston SOUTH LAKE REAL ESTATE LLC

    6015 Smith Mountain Rd, Penhook, VA 24137
  • /55

    $2,495,000

    New Construction
    • 9 Beds
    • 6 Baths
    • 3,941 Sq Ft

    200 Sweetwater Bay Dr, Penhook, VA 24137

    WATERFRONT LUXURY IN ONE OF SMITH MOUNTAIN LAKE'S MOST SOUGHT-AFTER LOCATIONS - SHORT-TERM RENTABLE! Experience the pinnacle of lakefront living in this exceptional newly constructed waterfront retreat, perfectly located on a flat lot with crystal-clear water, expansive shoreline views, and outstanding rental potential. Projected to generate over $350,000 annually in rental income, this property

    Kendra Porter VIRGINIA REALTY GROUP

    200 Sweetwater Bay Dr, Penhook, VA 24137
  • /13

    $1,950,000

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

    365 Hardy Rd, Penhook, VA 24137

    Two Amazing Waterfront Lots combined featuring 1.45+/- acres & 330 Ft. of rip-rapped shoreline. Custom boat dock with cabana. Well & Septic installed. One of a kind waterfront with lots of wide water channel & Smith Mountain views.

    Tim Basham RE/MAX LAKEFRONT REALTY INC

    365 Hardy Rd, 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
  • /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
  • /2

    $19,500

    • Land
    • 3.74 Acres
    • $5,214 per Acre

    0 Country Oak Rd, Penhook, VA 24137

    Great property and location for your country home. Mostly wooded, road frontage is estimated to be approximately 550 feet.

    Gerry Sharpe SHARPE RESOURCES

    0 Country Oak Rd, Penhook, VA 24137
  • /2

    $48,000

    • Land
    • 7.66 Acres
    • $6,266 per Acre

    0 Airport Rd, Penhook, VA 24137

    Come build your dream home on this fabulous 7.66 acre lot with Beautiful Has some mountain views depending on placement. Only approx. 15 minutes to Rocky Mount and 25 to Martinsville.Purchasers to install well and septic at their expense. No restrictions.

    Pamela Gabriel RE/MAX LAKEFRONT REALTY INC

    0 Airport Rd, 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
  • /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
  • /30

    $699,000

    • 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
  • /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

Home Price Trends

Median Sale Price
$1,349,500
Median Single Family Sale Price
$1,150,000
Median Townhouse Sale Price
$1,225,000
Median 2 Bedroom Sale Price
$515,000
Average Price Per Sq Ft
$387
Number of Homes for Sale
15
Last 12 months Home Sales
28
Months of Supply
6.40
Median List Price
$1,390,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
46%
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