228 Cove Rd Penhook, VA 24137
Estimated payment $5,611/month
Highlights
- 143 Feet of Waterfront
- 2 Dock Slips
- Lake View
- Gretna Elementary School Rated A-
- Public Beach
- Deck
About This Home
Offers presented as received! Listed below Appraised Value.(report available) Welcome to 228 Cove Rd, a beautifully remodeled and fully furnished 4-bedroom, 4-bath lakefront home located in scenic Penhook, VA.(AirBNB Approved) With 142 feet of pristine deep water frontage on a half of acre - this home offers breathtaking views of Smith Mountain Lake and the surrounding Blue Ridge Mountains.Designed with comfort and functionality in mind, the home features four spacious bedrooms, three of which include en-suite bathrooms. The main upstairs suite overlooks the lake, the other with private deck access ideal for enjoying sunrise coffee or sunset cocktails. Outdoor living is where this property truly shines.
Listing Agent
KELLER WILLIAMS REALTY ROANOKE License #0225254531 Listed on: 08/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,401
Year Built
- Built in 1971
Lot Details
- 0.51 Acre Lot
- 143 Feet of Waterfront
- Property fronts a private road
- Public Beach
- Lot Sloped Down
Home Design
- Slab Foundation
Interior Spaces
- 2,268 Sq Ft Home
- 2-Story Property
- Furnished
- Sliding Doors
- Screened Porch
- Lake Views
Kitchen
- Electric Range
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 2 Parking Spaces
- Detached Carport Space
- Off-Street Parking
Outdoor Features
- Personal Watercraft Lift
- Party Deck
- No Wake Zone
- Dock has a Storage Area
- Boat Hoist or Davit
- 2 Dock Slips
- Deck
- Gazebo
- Shed
Schools
- Gretna Elementary School
- Gretna Middle School
- Gretna High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot E
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,401 | $607,400 | $300,000 | $307,400 |
| 2024 | $3,401 | $607,400 | $300,000 | $307,400 |
| 2023 | $3,401 | $607,400 | $300,000 | $307,400 |
| 2022 | $2,310 | $353,200 | $170,000 | $183,200 |
| 2021 | $2,190 | $353,200 | $170,000 | $183,200 |
| 2020 | $2,190 | $353,200 | $170,000 | $183,200 |
| 2019 | $2,190 | $353,200 | $170,000 | $183,200 |
| 2018 | $2,190 | $353,200 | $170,000 | $183,200 |
| 2017 | $2,295 | $353,200 | $170,000 | $183,200 |
| 2016 | $2,295 | $388,900 | $210,000 | $178,900 |
| 2015 | $2,295 | $388,900 | $210,000 | $178,900 |
| 2011 | -- | $393,700 | $210,000 | $183,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $999,999 | -- | $441 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $769,000 | -- | |
| Deed | $400,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $692,000 | New Conventional | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $296,000 | New Conventional |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 920376
APN: 1563-21-4786
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