13

Penhook, VA Houses for Sale

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  • /140

    $1,159,000 New Construction

    • 4 Beds
    • 4 Baths
    • 2,803 Sq Ft

    31 Flagstick Ct, Penhook, VA 24137

    Experience elevated modern luxury in this fully furnished Model Home, perfectly situated on a quiet cul-de-sac within the prestigious Water's Edge Country Club at Smith Mountain Lake. This brand-new, approximately 2,800 sq ft residence captures sweeping fairway views and offers effortless main-level living enhanced by sophisticated design and next-generation technology. Built by Sole Source

    Courtney Greco EXP REALTY LLC - FOREST

    31 Flagstick Ct, Penhook, VA 24137
  • /53

    $825,000

    • 3 Beds
    • 3 Baths
    • 1,520 Sq Ft

    1111 Jefferson Dock Rd, Penhook, VA 24137

    Gorgeous AFFORDABLE Smith Mountain Lake waterfront home offering the ultimate lake lifestyle with incredible views, extensive upgrades, and an exceptional double-slip dock! POTENTIAL to be used as a short term rental! This beautifully maintained 3-bedroom, 3-bath home is designed for both comfort and entertaining, featuring a finished basement complete with a bedroom and full bathroom, ideal for

    Kendra Porter VIRGINIA REALTY GROUP

    1111 Jefferson Dock Rd, Penhook, VA 24137
  • /82

    $4,999,000 New Construction

    • 5 Beds
    • 7 Baths
    • 6,158 Sq Ft

    118 Lakeport Cir, Penhook, VA 24137

    Summer 2026 Delivery! 118 Lakeport Circle represents the future of luxury real estate at Smith Mountain Lake. Welcome to Sanctuary Pointe, Smith Mountain Lake's most elite new waterfront enclave! A place where architectural excellence meets stunning mountain views. Dubbed ''The Lake Tahoe of the East,'' Smith Mountain Lake offers a rare combination of mountain grandeur and lakeside serenity. This

    Courtney Greco EXP REALTY LLC - FOREST

    118 Lakeport Cir, Penhook, VA 24137
  • /51

    $749,000

    • 3 Beds
    • 2.5 Baths
    • 2,542 Sq Ft

    145 Golfers Crossing Dr, Penhook, VA 24137

    Country club living in this turn-key Nantucket-style, furnished lake home in the popular community of Waters Edge. Home has natural light, vaulted ceiling, and hardwood floors. Entry level has a living room with w/gas FP, dining area, kitchen with cherry cabinets, large main bedroom, office, laundry room and powder room. Covered back porch overlooks 12th fairway and Smith Mountain. Upper level

    Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    145 Golfers Crossing Dr, Penhook, VA 24137
  • /302

    $3,650,000 New Construction

    • 6 Beds
    • 6 Baths
    • 6,654 Sq Ft

    2650 Waters Edge Dr, Penhook, VA 24137

    Welcome to 2650 Water's Edge Drive - A Waterfront Luxury RetreatThis stunning 6-bedroom, 6-bath lakefront home offers 6,654 finished square feet of elegant living with an open floor plan designed for comfort and entertaining. Thoughtfully crafted with high-end finishes, this residence combines timeless craftsmanship with modern convenience. Enjoy the rare luxury of three spacious master

    Jane Sullivan Horne BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    2650 Waters Edge Dr, Penhook, VA 24137
  • /54

    $997,000

    • 4 Beds
    • 5 Baths
    • 4,670 Sq Ft

    75 Milestone Ln, Penhook, VA 24137

    A beautiful Nantucket Style home (Spindrift model) in the Golfers Crossing area of The Waters Edge Country Club community. Views from home and two covered porches (upper and lower level) include the 18th fairway, country club and mountains in distance. Fireplace (with gas logs), hardwood floors, granite counter tops. This home offers (not seen in other models) a very large area under the garage

    Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    75 Milestone Ln, Penhook, VA 24137
  • /107

    $1,495,000

    • 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
  • /61

    $1,849,999

    • 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
  • /41

    $2,490,000 New Construction

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

    200 Sweetwater Bay Dr, Penhook, VA 24137

    Experience waterfront luxury at its finest in this new Smith Mountain Lake home, perfectly positioned on a flat lot with crystal-clear water and panoramic views. Designed in timeless craftsman style, it offers 9 bedrooms and 6 baths supported by an 8-bedroom septic system. The open-concept interior features vaulted shiplap ceilings, a gourmet kitchen with farmhouse sink and custom hood, and

    Kendra Porter Virginia Realty Group

    200 Sweetwater Bay Dr, Penhook, VA 24137
  • /46

    $750,000

    • 3 Beds
    • 2.5 Baths
    • 2,473 Sq Ft

    195 Golfers Crossing Dr, Penhook, VA 24137

    This home offers country club living at its finest with a wraparound porch overlooking #12 fairway and green, including water and mountain views. Entry level has a primary bedroom, 1 and 1/2 baths, den, office, large family room with wood fireplace (can be converted to propane). The layout is perfect. Vaulted ceiling with clerestory windows for light. The upper level has two large bedrooms and a

    Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    195 Golfers Crossing Dr, Penhook, VA 24137
  • /51

    $735,000

    • 3 Beds
    • 2.5 Baths
    • 2,336 Sq Ft

    205 Golfers Crossing Dr, Penhook, VA 24137

    The Waters Edge-This is one of just 45 exceptional Nantucket-style residences where exterior upkeep is included in your association fees. This home comes fully furnished and ready for you and your family. Enjoy your morning coffee on the classic covered porch overlooking the golf course and lake. In the afternoon watch the beautiful sunset views over the water. A valuable asset is the covered

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    205 Golfers Crossing Dr, Penhook, VA 24137
  • /35

    $379,000

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft

    127 Village Green Dr, Penhook, VA 24137

    Village Green in The Waters Edge-Relax and unwind on your covered patio, which provides an unobstructed view of #17 fairway and green. This is the perfect spot for your morning coffee or hosting an evening gathering watching the beautiful sunsets. Beautiful cherry hardwood floors and tile baths. Masonry gas log fireplace for your enjoyment on a chilly day. An active membership is available for

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    127 Village Green 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

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
$1,267,500
Median Single Family Sale Price
$1,037,000
Median Townhouse Sale Price
$1,295,000
Average Price Per Sq Ft
$372
Number of Homes for Sale
14
Last 12 months Home Sales
36
Months of Supply
4.70
Median List Price
$1,079,450
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
49%
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