Penhook, VA Homes for Sale under $700,000

/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.

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

LOT 474 Southwood Dr, Penhook, VA 24137
Explore Penhook
/50
$650,000
- 2 Beds
- 2 Baths
- 2,884 Sq Ft
255 Plantation Dr, Penhook, VA 24137

Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment.The completely renovated 1950 cottage features approximately 2,500 square feet of

Debbie Shelton

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

255 Plantation Dr, Penhook, VA 24137
/38
$515,000
- 2 Beds
- 2 Baths
- 1,242 Sq Ft
410 Marina Bay Dr Unit 102, Penhook, VA 24137

Marina Bay Condo-Relax in this beautiful fully furnished lower-level condo, perfectly situated for ease and enjoyment. Forget the stairs-this unit is effortlessly accessed from the lower parking lot, making arrivals and departures a breeze. Your front row seat to the links offers stunning views of #11 tee box and green, providing a picturesque backdrop to your daily life. It offers a gentle slope

Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

410 Marina Bay Dr Unit 102, Penhook, VA 24137
/84
$649,900
- 3 Beds
- 3 Baths
- 1,891 Sq Ft
268 Sweetwater Bay Dr, Penhook, VA 24137

Perched atop a breathtaking rolling landscape with sweeping views of Smith Mountain Lake, this special 3-acre retreat offers a rare blend of natural beauty, privacy, and outdoor recreation. Surrounded by pastoral scenery with 45+ acres of open pasture stretching across the front yard and over 5,000 acres of the Smith Mountain Cooperative Wildlife Management Area bordering the backyard, the

Jada Turner BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

268 Sweetwater Bay Dr, 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
/63
$650,000

$99K PRICE DROP
- 3 Beds
- 3 Baths
- 1,359 Sq Ft
6605 Smith Mountain Rd Unit 229, Penhook, VA 24137

Best views at Smith Mountain Lake from this 5th Floor Penthouse w/ elevator access, provides a front row seat for the fireworks and spectacular wide water & mountain views from sunrise to sunset. Gated community offers sandy beaches, heated pool, club house, tennis/pickleball, gazebo by the water, fenced in dog area, and secure trailer storage. Enjoy maintenance free living with your water,

Sylvia Pagans MKB, REALTORS® - AT THE LAKE

6605 Smith Mountain Rd Unit 229, Penhook, VA 24137
/102
$650,000
- 2 Beds
- 2.5 Baths
- 1,866 Sq Ft
30 Island Green Dr Unit 4, Penhook, VA 24137

Located in the sought-after Island Green section of The Water's Edge, this 2 bedroom, 2..1 bath townhome is all about the view. A dramatic glass wall showcases unobstructed views of Smith Mountain Lake and the Island Green #7 and #8 golf hole - truly the standout feature of this home.Inside, you'll find high ceilings, hardwood floors, a gas log fireplace, and a granite kitchen, all in a fresh,

Abigail Cooper MKB, REALTORS®

30 Island Green Dr Unit 4, 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
/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

Virginia Franklin County

Home Prices in Penhook, VA

The median home sale price in Penhook, VA is $1,349,500, up 35% year-over-year. Homes in Penhook sell in 102 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price $1,349,500	Median Single Family Sale Price $1,324,500
Median Townhouse Sale Price $1,225,000	Median 2 Bedroom Sale Price $515,000
Average Price Per Sq Ft $381	Number of Homes for Sale 16
Last 12 months Home Sales 26	Months of Supply 7.40
Median List Price $1,342,500	Median Change From 1st List Price 4%
Median Home Sale Price YoY Change 35%

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