17

Penhook, VA Homes for Sale under $100,000

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  • /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

    LOT 29 Waters Edge Dr, Penhook, VA 24137
  • /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

    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

    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

    Lot 383 Mountain Shore 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

    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

    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

    LOT 377 Morgans Mill Dr, Penhook, VA 24137
  • /26

    $30,000

    $35K PRICE DROP
    • Land
    • 1.36 Acres
    • $22,059 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
  • /8

    $35,000

    • Land
    • 20,473 Sq Ft
    • $74,468 per Acre

    Lot 298 Upland Shores Dr, Penhook, VA 24137

    An exceptional opportunity to build your dream residence on a beautifully wooded, gently sloping lot graced with mature hardwoods. This premier homesite offers privacy, natural beauty, and access to an exclusive active Waters Edge membership-available to purchasers for $35K within 30 days of closing. Residents enjoy an impressive array of amenities, including golf, tennis/pickleball, Jr. olympic

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 298 Upland Shores Dr, 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
  • /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
  • /27

    $30,000

    • Land
    • 1.36 Acres
    • $22,059 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
  • /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
  • /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
$1,499,000
Median Single Family Sale Price
$1,284,500
Median Townhouse Sale Price
$937,500
Median 2 Bedroom Sale Price
$582,500
Average Price Per Sq Ft
$379
Number of Homes for Sale
17
Last 12 months Home Sales
31
Months of Supply
6.60
Median List Price
$1,484,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
61%
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