228 Cove Rd Penhook, VA 24137
Estimated payment $4,524/month
Highlights
- 143 Feet of Waterfront
- 2 Dock Slips
- Deck
- Gretna Elementary School Rated A-
- Lake View
- Furnished
About This Home
Turn-key lakefront investment opportunity in the AirBNB zone of Pittsylvania County!228 Cove Rd features 4 bedrooms, 4 baths, and 142 feet of deep-water frontage on nearly half an acre -- delivering some of the best views in the Cove of Smith Mountain Lake and the Blue Ridge Mountains. Designed for comfort, flexibility and is fully furnished. This home is ready for immediate enjoyment or rental income. Three bedrooms offer en-suite baths, including a spacious upper-level suite overlooking the water. Private deck access from an additional suite makes it perfect for guest privacy and elevated rental appeal.Outdoor living steals the show here.
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
- 22,216 Sq Ft Lot
- 143 Feet of Waterfront
- Property fronts a private road
- Lot Sloped Down
Home Design
- Slab Foundation
Interior Spaces
- 2,268 Sq Ft Home
- 2-Story Property
- Furnished
- Sliding Doors
- 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
- Rear Porch
Schools
- Gretna Elementary School
- Gretna Middle School
- Gretna High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot E
Map
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $799,999 | 0.0% | $353 / Sq Ft |
| 02/27/2026 02/27/26 | Off Market | $799,999 | -- | -- |
| 02/27/2026 02/27/26 | For Sale | $799,999 | 0.0% | $353 / Sq Ft |
| 02/25/2026 02/25/26 | Off Market | $799,999 | -- | -- |
| 02/25/2026 02/25/26 | For Sale | $779,999 | 0.0% | $344 / Sq Ft |
| 01/29/2026 01/29/26 | Pending | -- | -- | -- |
| 01/20/2026 01/20/26 | Price Changed | $779,999 | +2.6% | $344 / Sq Ft |
| 01/20/2026 01/20/26 | For Sale | $760,000 | 0.0% | $335 / Sq Ft |
| 01/09/2026 01/09/26 | Pending | -- | -- | -- |
| 01/09/2026 01/09/26 | Price Changed | $760,000 | -10.6% | $335 / Sq Ft |
| 11/24/2025 11/24/25 | Price Changed | $850,000 | -5.5% | $375 / Sq Ft |
| 11/05/2025 11/05/25 | Price Changed | $899,790 | 0.0% | $397 / Sq Ft |
| 10/23/2025 10/23/25 | Price Changed | $899,800 | 0.0% | $397 / Sq Ft |
| 10/05/2025 10/05/25 | Price Changed | $899,900 | 0.0% | $397 / Sq Ft |
| 09/22/2025 09/22/25 | Price Changed | $899,950 | -10.0% | $397 / Sq Ft |
| 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 |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 920376
APN: 1563-21-4786
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