$3,499,000
$100K PRICE DROP

176 Three Point Isle Dr Penhook, VA 24137

Penhook Area

Estimated payment $23,404/month

Total Views 11,581
5 Beds
6 Baths
5,678 Sq Ft
$616 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Wet Bar
  • Laundry Room
  • Balcony

About This Home

Stunning Smith Mountain Lake waterfront estate designed by renowned lake architect Antonio Veloso and constructed in 2022 as a luxury home builder's personal residence. A showcase of elegance and craftsmanship, this remarkable property is nestled on nearly an acre on the exclusive Three Pointe Isle peninsula and offers sweeping lake views from multiple vantage points. From the front of the home, enjoy spectacular sunset views across Smith Mountain Lake toward Smith Mountain. Behind the home, the property opens to a calm, protected cove with main-lake views and almost no boat traffic--creating an extraordinary setting that combines dramatic scenery with peaceful waterfront living. Offering over 5,500 square feet of luxury construction, the residence was built with exceptional quality and attention to detail. Constructed with 2x6 exterior walls, spray foam insulation, and premium Pella Lifestyle doors and windows designed to maximize both energy efficiency and the incredible water views. The home features four spacious en-suites on a three-bedroom septic, including a main-level primary suite with private deck access, stunning lake views, and a spa-inspired bath. The secondary bedrooms are equally impressive, both featuring vaulted ceilings, with one offering its own private balcony overlooking the beautiful main-lake views. A large bonus room with a walk-in closet is currently styled as an oversized fifth bedroom or playroom, providing flexible space for guests or recreation. The finished walkout basement is designed for entertaining and extended guest stays. Featuring a kitchenette, second laundry room, private en-suite bedroom, powder room with a convenient changing area for lake days, and two additional flex rooms that can serve as guest rooms, hobby spaces, offices, or fitness rooms. Technology and convenience are seamlessly integrated throughout the home with a high-tech whole-house audio and visual system with interior and exterior speakers, a security system with exterior cameras, elegant exterior uplighting, and a programmable irrigation system. Brand New 4 ft. decorative aluminum fence on three sides. The waterfront amenities are equally impressive. The enormous dock is designed as a true lakefront entertainment hub and includes two boat lifts, two jet ski docks, expansive party space, a giant floater, kayak launch, and paddleboard racks--perfect for enjoying the Smith Mountain Lake lifestyle to its fullest. Located in the peaceful Penhook area of Smith Mountain Lake, the home is just three miles from The Water's Edge Country Club, where non-resident memberships are available for golf, dining, tennis, and social activities. Furnishings by Bassett may be purchased separately, offering the opportunity for a nearly turnkey luxury lakefront retreat. Main Photo from 2025.

Listing Agent

Courtney Greco

EXP REALTY, LLC - UNION HALL License #0225264952 Listed on: 03/27/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Built-In Microwave
  • Basement

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Balcony

Schools

  • Glade Hill Elementary School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Private or Community Septic Tank
  • Septic System

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0.84 Acres

Listing Details

  • Interior Features: Wired for Sound, Ceiling Fan(s), Other, Walk-In Closet(s), Wet Bar, Wired for Data
  • Heating System: Heat Pump Electric, Zoned
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full, Walk-Out Access
  • Major Appliances: Microwave Oven (Built In), Other
  • Cooling System: Central Air, Heat Pump Electric, Zoned
  • Outside Features: Balcony, Other
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • LaundryLaundryLowerLevel: 1
  • WaterAccOnlyAAccessOnOffSite: On Site
  • Lot Size Acres: 0.84
  • Water Body Name: Smith Mtn Lake
  • Subdivision Name: Three Pointe Isle
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Efficiency: 2 X 6 Exterior Walls
  • Property Attached Yn: No
  • ApprovalStatus: Yes
  • DelayedMarketingYN: No
  • OriginatingSystemPlatformID: T00000052
  • OriginatingSystemPlatformName: Flexmls
  • SourceSystemPlatformID: T00000052
  • SourceSystemPlatformName: Flexmls
  • ListAgentNationalAssociationId: 570017267
  • Contract Information: Lock Box: Call LA
  • General Property Description: Add'l Covered Prkng: Other
  • General Property Description: Construction Status: Completed
  • General Property Description: Entry Above Grd Fin SQFT: 2453.0
  • General Property Description: Prim. Covered Prking: Garage Attached
  • General Property Description: Residential Type: Detached
  • General Property Description: Total Above Grd Fin SQFT: 3906
  • General Property Description: Upper Above Grd Fin SQFT: 1453.0
  • General Property Description: Water Class: Waterfront Property
  • Interior Features: Security System, Wired for Sound, Ceiling Fan(s), Other - See Remarks, Walk-In Closet(s), Wet Bar, Wired For Data
  • Location, Legal & Taxes: Condo Assoc Y/N: No
  • Location, Legal & Taxes: Major Area: 04 - Franklin County
  • Misc Features: Paved Road, Private Road, Underground Util
  • Sewer Description: Private Septic
  • Showing Instructions: Call Listing Agent
  • Water Heater Type: Tank-less
  • General Property Description: Lower Below Grd Fin SQFT: 1772.0
  • Water Htr Energy: Propane
  • Contract Information: Start Showing Date: 2026-03-27
  • Internet Access: Cur'nt Internet Prov: Hi speed Shentel
  • Boat Dock Desc: Floater, Stationary, Boat Hoist, Storage/Util Bldg
  • Water Acc Only B: Deed/Assgn Dock
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Sewer: Private Septic
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Other - See Remarks
  • Fireplace Features: Basement, Living Room, Primary Bedroom, Recreation Room, Gas Log
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Luxury Vinyl Plank
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Other
  • BathroomsTotalDecimal: 5.0
  • General Property Description: Basement Y/N: Yes
  • Primary Bedrooms: Primary BR Entry Lvl: 1
  • Primary Bedrooms: Primary BR Upper Lvl: 1

Exterior Features

  • Lot Features: Gentle Sloping, Views
  • View: Lake, Mountain(s), Sunset
  • Waterfront Features: Cove, Riprap Shoreline
  • Waterfront: Yes
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Front Porch, Rear Porch, Covered Porch, Deck, Patio
  • Exterior Doors: Other - See Remarks
  • General Property Description: Length of Waterfront: 128.0

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Paved Driveway, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Generator
  • Utilities: Underground Utilities
  • Water Source: Private Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Ben Franklin Middle

Lot Info

  • Lot Size Sq Ft: 36590.4
  • Parcel #: 050 00-006 02
  • Lot Description: Gentle Sloping, Views

Building Info

  • Year Built: 2022

Tax Info

  • Tax Annual Amount: 7918.0
  • Tax Block: 0
  • Tax Lot: 4
  • Tax Tract: 0

MLS Schools

  • Elementary School: Glade Hill
  • HighSchool: Franklin County

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2026 08/21/26 Price Changed $3,499,000 -2.8% $616 / Sq Ft
03/27/2026 03/27/26 For Sale $3,599,000 -- $634 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 925505

Roanoke Valley Association of REALTORS®
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