Penhook Homes for Sale

/63
$779,900 New Construction
- 3 Beds
- 2 Baths
- 1,950 Sq Ft
342 Morgans Mill Dr, Penhook, VA 24137

COMPLETED NEW CONSTRUCTION, LAKE ACCESS WITH THE OPTION TO PURCHASE COVERED BOATSLIP!! Located in the prestigious golf community of Waters Edge, this stunning new construction offers the perfect blend of modern craftsmanship and timeless elegance. Designed for both comfort and entertaining, this thoughtfully designed home features 3 spacious bedrooms, 2 luxurious bathrooms, and a dedicated office

Dana Montgomery

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

(540) 551-7914

342 Morgans Mill Dr, Penhook, VA 24137
/68
$1,500,000
- 5 Beds
- 5.5 Baths
- 4,859 Sq Ft
70 Sandy Edge Cir, Penhook, VA 24137

Discover lakeside living in the exclusive Waters Edge Club & Country Club community in Penhook, VA, a McConnell Golf property. This charming waterfront home is ideally situated at the end of a small cul-de-sac w with sweeping views of wide water and Smith Mountain. Step inside to a spacious vaulted-ceiling great room featuring exposed wood beams, a brick fireplace, and large arched windows

Jane Sullivan Horne BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

70 Sandy Edge Cir, Penhook, VA 24137
/86
$1,924,000
- 4 Beds
- 4 Baths
- 5,440 Sq Ft
325 Bull Run Trail, Penhook, VA 24137

Experience the Ultimate in Lakefront Luxury Living at Beautiful Smith Mountain Lake. This one-of-a-kind Masterpiece offers Luxury Living with Lots of Extra Features. Step inside to be greeted by gorgeous Brazilian Cherry Hardwood Floors and Amazing Lake Views. The Main Level Boasts a Great Room with Cozy Fireplace, Formal Sitting Room, Dining Area, Spacious Kitchen, all leading out to the Huge

Teresa Prillaman WAINWRIGHT & CO., REALTORS(r)- LAKE

325 Bull Run Trail, Penhook, VA 24137
/122
$2,199,900
- 5 Beds
- 5.5 Baths
- 4,893 Sq Ft
211 Big Cove Dr, Penhook, VA 24137

Welcome to this SPECTACULAR CUSTOM NEW BUILD, thoughtfully designed and perfectly positioned on a FLAT, PRIVATE LOT in Franklin County. Zoned A-1, this property permits short-term rentals with an approved Special Use Permit--offering EXCEPTIONAL potential as a high-performing INVESTMENT or a serene personal retreat. Tucked away in a QUIET COVE with LONG lake VIEWS, this home boasts rare,

Jada Turner BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

211 Big Cove Dr, Penhook, VA 24137
/75
$2,199,900
- 4 Beds
- 5.5 Baths
- 5,484 Sq Ft
211 Big Cove Dr, Penhook, VA 24137

REDUCED! Discover this exquisite one of a kind new construction in Penhook. Dock will be completed for you to enjoy soon. Over an acre lot with a gentle slope to the lake. Once you enter the door you will be amazed at the quality of construction throughout. Wide trim and moldings complement every room. Entertain in the gourmet kitchen which flows to the 28x16 covered porch. Four large bedrooms

Rosie Gantt Century 21 ALL-SERVICE

211 Big Cove Dr, Penhook, VA 24137
/65
$965,000
- 4 Beds
- 3 Baths
- 3,500 Sq Ft
291 Bull Run Trail, Penhook, VA 24137

You'll feel right at home in this charming 4 bedroom, 3 bath chalet-style waterfront home nestled on 2 private acres with stunning lake views. Enjoy outdoor living with a party deck dock located in a wide, peaceful cove. The home features an updated kitchen with beautiful lake views, A cozy living area with cathedral ceilings and a stone fireplace with gas logs. The spacious and private

Trenda Pasley MKB, REALTORS(r) - AT THE LAKE

291 Bull Run Trail, Penhook, VA 24137
/110
$3,200,000
- 5 Beds
- 6 Baths
- 7,162 Sq Ft
54 Bay View Cir, Penhook, VA 24137

Exquisite Craftsman Home with spectacular mountain vistas and luxury amenities. Step inside and be captivated by the warmth and character of hand-sawn pine beam ceilings and hand-scraped Oak and Heart of Pine flooring that extend throughout the residence. Every corner reveals meticulous craftsmanship. The kitchen is a culinary masterpiece, featuring a Wolf Commercial Grade propane range with an

Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

54 Bay View Cir, Penhook, VA 24137
/73
$2,350,000
- 3 Beds
- 5 Baths
- 4,488 Sq Ft
115 Grande Villa Dr, Penhook, VA 24137

Wake up to breathtaking sunrises over Smith Mountain Lake in this stunning east-facing waterfront Grande Villa. Designed for both luxury and efficiency, this home offers maintenance-free living in a serene lakefront setting. This Grande Villa is in a private gated community within one of the most sought-after communities on Smith Mountain Lake, The Water's Edge.Energy-efficient features include

Kimberly Willard BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

115 Grande Villa 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

Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

195 Golfers Crossing Dr, Penhook, VA 24137
/52
$1,295,000
- 4 Beds
- 3.5 Baths
- 3,443 Sq Ft
30 Island Green Cir Unit 22, Penhook, VA 24137

Town home living at its best. 4 Bedrooms, 3.1 baths. Live on the lake with your boat and slip a short walk away. Nice lake views, located on a very large cove within a very large cove so no worries about boats getting near your family while in the water. Beautiful cherry cabinets in the kitchen. New LVT flooring in lower level and new bar area. IGP offers complete outdoor care which

Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

30 Island Green Cir Unit 22, Penhook, VA 24137
/28
$359,900
- 3 Beds
- 2 Baths
- 1,400 Sq Ft
971 Waters Edge Dr, Penhook, VA 24137

Back on the market, due to not fault of the seller. Looking for one level living, come check out this New 3 Bedroom, 2 Bath home located in a lake access community. The community has a community boat ramp & dock. Home has an open floor concept with split bedroom design. Beautiful kitchen with large island. Home has 6'' walls and a 7 /12 roof. Comes with a 10 year HVAC warranty. Great starter

Pamela Gabriel RE/MAX LAKEFRONT REALTY INC

971 Waters Edge Dr, Penhook, VA 24137
/51
$774,900
- 3 Beds
- 2.5 Baths
- 2,542 Sq Ft
145 Golfers Crossing Dr, Penhook, VA 24137

Charming home located within Nantucket-style Golfers Crossing in the popular lakefront community of The Water's Edge. The entry level is lovely with natural light and features hardwood floors & vaulted ceiling. The living level features a living room w/gas FP, kitchen w/cherry cabinets, dining area, covered back porch overlooking 12th fairway and Smith Mountain, large primary bedroom, office,

Charlene Jones RE/MAX LAKEFRONT REALTY INC

145 Golfers Crossing Dr, Penhook, VA 24137
/3
$199,900
- Land
- 0.77 Acre
- $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.

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

LOT 454 E Pointe Dr, Penhook, VA 24137
/7
$59,000
- Land
- 0.77 Acre
- $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
/2
$25,000
- Land
- 0.38 Acre
- $65,789 per Acre
Lot 291 Dormie Ln, Penhook, VA 24137

The Waters Edge- Enjoy this beautiful homesite conveniently located near The Waters Edge Country Club and amenities. The amenities include golf, tennis, pickleball, swimming, exercise and equestrian center.

Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Lot 291 Dormie Ln, Penhook, VA 24137
/34
$25,000
- Land
- 0.47 Acre
- $53,191 per Acre
Lot 284 Cross Tower Dr, Penhook, VA 24137

Welcome to The Waters Edge! Great building Lot, Mostly Wooded, Level Building Site with Privacy, Paved Roads. Hook up fees and septic system to be installed by purchaser.

Alla Scott COLDWELL BANKER TOWNSIDE, REALTORS(r)

Lot 284 Cross Tower Dr, Penhook, VA 24137
/11
$22,000
- Land
- 0.54 Acre
- $40,741 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

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

LOT 273 Niblicks Cir, Penhook, VA 24137
/12
$28,000
- Land
- 0.78 Acre
- $35,897 per Acre
Lot 218A Hunterwood Cir, Penhook, VA 24137

Beautiful, wooded cul-de-sac lot with views of golf driving range and club house. Extremely private and yet a convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant and equestrian center). Great place to relax and enjoy all the amenities in a place many call paradise. Lot has active membership. Any connection fees for well and septic are buyers'

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Lot 218A Hunterwood Cir, Penhook, VA 24137
/13
$64,900
- Land
- 0.42 Acre
- $154,524 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).

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Lot 96 Sandwedge Cir, Penhook, VA 24137
/19
$40,000
- Land
- 0.73 Acre
- $54,795 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.

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Lot 383 Mountain Shore 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. The adjoining 1.65 acre lot is also currently for

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

LOT 474 Southwood Dr, Penhook, VA 24137
/11
$99,900
- Land
- 0.50 Acre
- $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.

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

LOT 29 Waters Edge Dr, Penhook, VA 24137
/14
$49,900
- Land
- 0.73 Acre
- $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!

Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

LOT 377 Morgans Mill Dr, Penhook, VA 24137
/24
$59,900
- Land
- 0.34 Acre
- $176,176 per Acre
Lot 178 Cross Harbor Dr, Penhook, VA 24137

Discover your dream property at Waters Edge, a premier water access level lot that seamlessly borders the lush greens of the golf course.This exceptional lot features water and mountain views, creating a pleasant setting for your daily life. Residents of Waters Edge enjoy a wealth of amenities designed for an active and luxurious lifestyle, including golf, tennis, swimming, fitness facilities,

Jody Lyons LYONS TEAM, REALTORS(r)

Lot 178 Cross Harbor Dr, Penhook, VA 24137
/11
$80,000
- Land
- 0.41 Acre
- $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
/6
$439,900
- Land
- 0.95 Acre
- $463,053 per Acre
0 Morgans Mill Dr Unit 806383, Penhook, VA 24137

Active club membership ($30K 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
/2
$129,900
- Land
- 0.50 Acre
- $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
/96
$1,099,000 New Construction
- 4 Beds
- 4 Baths
- 2,803 Sq Ft
Lot 243 Flagstick Ct, Penhook, VA 24137

Stunning Golf Course Home with Expansive Windows & Main-Level Living! Enjoy maximum energy efficiency! ~2800 sq ft estate home with breathtaking golf course views. Bathed in natural light from abundant Pella windows and oversized sliders, this residence features an open-concept layout ideal for entertaining. The main level offers four spacious bedrooms and two and a half bathrooms, including a

Courtney Greco EXP REALTY LLC - FOREST

Lot 243 Flagstick Ct, Penhook, VA 24137

Virginia Franklin County Penhook Penhook

Why Live in Penhook

Two halves make a whole in Penhook, a rural, waterside community nestled along the southern banks of Smith Mountain Lake. Old Franklin Turnpike bisects the hamlet and roughly pens the line between its lakefront homes surrounding the coveted Water’s ...

Learn more about living in Penhook

Frequently Asked Questions

Is Penhook a good place to live?

Penhook is a good place to live. Penhook is considered very car-dependent and somewhat bikeable. It is sparse in population with 0.1 people per acre and a median age of 62. The average household income is $115,059 which is above the national average. College graduates make up 41.9% of residents. A majority of residents in Penhook are home owners, with 10.6% of residents renting and 89.4% of residents owning their home. A local real estate agent serving Penhook can help you decide if this neighborhood is the right one for you. Learn more on our Penhook neighborhood guide.

How much do you need to make to afford a house in Penhook?

The median home price in Penhook is $372,500. If you put a 20% down payment of $74,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $83K a year to afford the median home price in Penhook. The average household income in Penhook is $115K.

What are the best public schools in Penhook?

The best public schools that serve Penhook are:

Franklin County High School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 3.6.
Benjamin Franklin Middle School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 1.5.
Glade Hill Elementary School has a B+ Niche grade and a student teacher ratio of 12:1.

What are the most popular zip codes in Penhook, Penhook, VA?

The most popular zip codes in Penhook, Penhook, VA include 24137, 24161, 24176, 24121 and 24092.

What are the most popular neighborhoods near Penhook, Penhook, VA?

The most popular neighborhoods near Penhook, Penhook, VA are Garden City, Cave Spring, Riverdale, Southern Hills and South Roanoke.

Home Trends in Penhook, VA

On average, homes in Penhook, VA sell after 39 days on the market compared to the national average of 70 days. The median sale price for homes in Penhook, VA over the last 12 months is $372,500, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$372,500

Median Single Family Sale Price

$528,695

Median 1 Bedroom Sale Price

$372,500

Average Price Per Sq Ft

$361

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

2.30

Median List Price

$372,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

More About Living in Penhook

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Penhook Homes for Sale

Real Estate & Homes for Sale in Penhook, Penhook

Why Live in Penhook

Frequently Asked Questions

Home Trends in Penhook, VA

Housing Trends

More About Living in Penhook

Homes in Nearby Neighborhoods

Homes in Nearby Cities

Homes in Nearby Counties