28

Penhook, VA Land & Home Lots for Sale

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  • /13

    $59,900

    • Land
    • 18,295 Sq Ft
    • $142,619 per Acre

    Lot 96 Sandwedge Cir, Penhook, VA 24137

    Beautiful partially wooded golf course lot with views of the 16th green and fairway. Also views of mountains including Smith Mountain. Convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant).

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 930-0962

    Lot 96 Sandwedge Cir, Penhook, VA 24137
  • /11

    $20,000

    • Land
    • 23,522 Sq Ft
    • $37,037 per Acre

    LOT 273 Niblicks Cir, Penhook, VA 24137

    Great wooded building lot in The Waters Edge CC community. Located on a quiet cul-de-sac with a short walk to the country club. The club is now a part of McConnell Golf family of clubs (15). Amenities include Golf (the course is in incredible shape), Tennis (club has a tennis pro that pairs player up on Mon/Wed/Fri), Pickleball, Pool, Fitness Room, Banquet Facilities, Dining and Equestrian

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 410-0738

    LOT 273 Niblicks Cir, Penhook, VA 24137
  • /19

    $35,000

    • Land
    • 31,798 Sq Ft
    • $47,945 per Acre

    Lot 383 Mountain Shore Dr, Penhook, VA 24137

    Approximately 3/4 acre flat lot in The Waters Edge Country Club Community. Great location with just a short walk to club, restaurant, golf, pool, tennis and equestrian center. Active club membership.

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 361-6883

    Lot 383 Mountain Shore Dr, Penhook, VA 24137
  • /18

    $229,000

    • Land
    • 27,878 Sq Ft
    • $357,812 per Acre

    LOT 236 Marina Bay Dr, Penhook, VA 24137

    Rare find in The Water's Edge Golf & Country Club! This beautiful water-access lot offers the best position and includes Deeded Boat Slip #1 in the Marina Bay community dock with deep water and just a short walk away. Enjoy all the premier amenities: championship golf, clubhouse, pool, tennis, fitness, dining, and Smith Mountain Lake's pristine beauty. Build your dream lake house and start

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 502-4821

    LOT 236 Marina Bay 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
  • /3

    $25,000

    • Land
    • 33,976 Sq Ft
    • $32,051 per Acre

    Lot 218A Hunterwood Cir, Penhook, VA 24137

    Discover the perfect setting for your dream home in this beautiful wooded cul-de-sac lot nestled within a prestigious country club golf community. Offering exceptional privacy along with scenic views of the golf driving range and clubhouse, this homesite combines peaceful surroundings with an unbeatable location. Enjoy an easy stroll to the clubhouse and an incredible lifestyle filled with

    Agent Photo

    Dana Montgomery

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 404-2086

    Lot 218A Hunterwood Cir, Penhook, VA 24137
  • /2

    $35,000

    • Land
    • 26,136 Sq Ft
    • $58,333 per Acre

    Lot 405 Mountain Shore Dr, Penhook, VA 24137

    Wooded building lot within walking distance to The Waters Edge Country Club. Water access. Club amenities include golf, tennis, pickleball, swimming, exercise and equestrian center.

    Agent Photo

    Adam Lynch

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 778-9725

    Lot 405 Mountain Shore Dr, Penhook, VA 24137
  • /14

    $49,900

    • Land
    • 31,798 Sq Ft
    • $68,356 per Acre

    LOT 377 Morgans Mill Dr, Penhook, VA 24137

    Beautiful wooded lot with water access to Smith Mountain Lake. Located in one of the most desirable neighborhoods, The Water's Edge Golf Course and Country Club with an active membership. Sellers have the plans for a Lindal Cedar home that would complement the property nicely!

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 924-1793

    LOT 377 Morgans Mill Dr, Penhook, VA 24137
  • /3

    $199,900

    • Land
    • 33,541 Sq Ft
    • $259,610 per Acre

    LOT 454 E Pointe Dr, Penhook, VA 24137

    Wooded waterfront lot on Smith Mountain Lake. Located in the beautiful and prestigious community of The Water's Edge Golf Course and Country Club. Build your dream home in this quiet cove and enjoy all the amenities of the neighborhood. AEP approved dock permit attached under documents. Active club membership.

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 352-4621

    LOT 454 E Pointe Dr, Penhook, VA 24137
  • /11

    $99,900

    • Land
    • 21,780 Sq Ft
    • $199,800 per Acre

    LOT 29 Waters Edge Dr, Penhook, VA 24137

    Rare find with water views from every direction on this level, water access lot at Smith Mountain Lake. Located in the beautiful community of The Water's Edge Golf Course and Country club with an active membership.

    Agent Photo

    Debbie Shelton

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 559-5094

    LOT 29 Waters Edge Dr, 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
  • /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
  • /2

    $129,900

    • Land
    • 21,780 Sq Ft
    • $259,800 per Acre

    LOT 126 Lands End Rd, Penhook, VA 24137

    Beautiful Flat Lot with Smith Mountain Lake Views. Located in Private Golf Community ( The Waters Edge ). Active Club Membership. Purchaser to Pay Club Initiation Fee. Owner/Realtor.

    Erik Plyler WATERMARK REALTY LLC

    LOT 126 Lands End Rd, Penhook, VA 24137
  • /6

    $95,000

    • Land
    • 23,958 Sq Ft
    • $172,727 per Acre

    Lot 113 Cross Harbour Dr, Penhook, VA 24137

    The Waters Edge - Enjoy building your beautiful home on the homesite over looking #14 fairway with seasonal views of the water. Septic and water hook up fees are the responsibility of the Purchasers.

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 113 Cross Harbour Dr, Penhook, VA 24137
  • /7

    $59,000

    • Land
    • 33,541 Sq Ft
    • $76,623 per Acre

    Lot 155 Cross Harbor Dr, Penhook, VA 24137

    This beautiful corner lot in The Waters Edge offers a tempting opportunity, boasting not only generous size (.77 acres) but also seasonal views of both the golf course and the water. Its proximity to the community Clubhouse is another perk, suggesting easy access to amenities. See agent for details. Water hook-up fees and drain field installation is the responsibility of the Purchasers.

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 155 Cross Harbor Dr, Penhook, VA 24137
  • /13

    $32,000

    • Land
    • 27,442 Sq Ft
    • $50,794 per Acre

    Lot 297 Morgans Mill Dr, Penhook, VA 24137

    Great opportunity in The Water's Edge, one of the most desirable communities on Smith Mountain Lake! Easy-to-build, water-access lot with beautiful surroundings. Club membership is not included. Membership would provide access to a private 18-hole championship golf course, pool, tennis, pickleball, fitness center, and luxury dining. Experience the perfect blend of recreation, relaxation, and

    Alla Scott COLDWELL BANKER TOWNSIDE, REALTORS(r)

    Lot 297 Morgans Mill Dr, Penhook, VA 24137
  • /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
  • /3

    $1,800,000

    • Land
    • 24,829 Sq Ft
    • $3,157,895 per Acre

    31 Mountain Glen Dr, Penhook, VA 24137

    THE PINNACLE OF PREMIER SMITH MOUNTAIN LAKE PROPERTY WITH UNOBSTRUCTED VIEWS OF SMITH MOUNTAIN. IF YOU ARE LOOKING FOR THE MOST PRESTIGIOUS ADDRESS AT SMITH MOUNTAIN LAKE THIS IS IT! New Dock and Rip Rap on Shoreline Installed.

    Erik Plyler WATERMARK REALTY LLC

    31 Mountain Glen Dr, Penhook, VA 24137
  • /6

    $499,900

    • Land
    • 41,382 Sq Ft
    • $526,211 per Acre

    0 Morgans Mill Dr Unit 806383, Penhook, VA 24137

    Active club membership ($35K fee to join club, paid by purchaser). Dock ( See attached dock plans, and photos) featuring Azek Composite Decking, Storage Building, and Floating Dock., zoned RPDOwner/Realtor.buyer responsible for installing septic and water hook-up

    Erik Plyler WATERMARK REALTY LLC

    0 Morgans Mill Dr Unit 806383, Penhook, VA 24137
  • /14

    $32,500

    • Land
    • 22,651 Sq Ft
    • $62,500 per Acre

    Lot 232 Lake Front Cir, Penhook, VA 24137

    Wonderful private culdesac lot in walking distance to Club House, golf, pool, tennis court and equestrian center. You'll find mature trees just waiting to have your house laid out. Come enjoy paradise at Waters Edge, a premier golfing community on the beautiful Smith Mountain Lake. This lot also has an active membership! Water access fees and septic are responsibility of purchaser.

    Amy Smitherman LONG & FOSTER - SMITH MTN LAKE

    Lot 232 Lake Front Cir, Penhook, VA 24137
  • /10

    $80,000

    • Land
    • 17,859 Sq Ft
    • $195,122 per Acre

    Lot 12 Birdie Ln, Penhook, VA 24137

    The Waters Edge-This captivating corner lot boasts an impressive .41 acres with breathtaking views of sparkling waters and Smith Mountain views. The level terrain provides a solid foundation for your future home. With a community water system readily available, you'll benefit from the convenience of public water access. However, please note that the purchaser will be responsible for the septic

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 12 Birdie Ln, 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
  • /38

    $214,950

    • Land
    • 22,651 Sq Ft
    • $413,365 per Acre

    Lot 1 Sweetwater Bay Dr, Penhook, VA 24137

    Are you wanting to build a new home? How about one on Smith Mountain Lake? If you are ready to make this a reality and at an affordable price, look no more. This deep water waterfront lot is ready to build on with water hook up fee already paid and approved for a 3 bedroom septic. Nicely wooded and just over a half acre! All information is deemed reliable but not guaranteed and should be verified.

    Christy Crouch RE/MAX ALL POINTS

    Lot 1 Sweetwater Bay 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
  • /14

    $415,000

    • Land
    • 15,246 Sq Ft
    • $1,185,714 per Acre

    Lot 341 Low Country Dr, Penhook, VA 24137

    The Waters Edge-Don't miss this chance to secure one of the last remaining waterfront homesites in the beautiful community of The Waters Edge. Enjoy the perfect balance of serenity and accessibility with a gentle slope leading to a nice cove. This prime location offers excellent protection from the main channel while providing spectacular sunrise views and comfortable afternoon shade. Active Club

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 341 Low Country 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
  • /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

Home Trends in Penhook, VA

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%
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