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Penhook, VA Condo for Sale

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  • /23

    $399,500

    • 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

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.

Home Trends in Penhook, VA

Housing Trends

Median Sale Price
$950,000
Median Single Family Sale Price
$945,000
Median Townhouse Sale Price
$1,595,000
Average Price Per Sq Ft
$349
Number of Homes for Sale
15
Last 12 months Home Sales
33
Months of Supply
5.50
Median List Price
$998,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-28%
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