$599,950

241 Locust Ln Penhook, VA 24137

Estimated payment $3,498/month

Total Views 16,198
2 Beds
1 Bath
940 Sq Ft
$638 Price per Sq Ft

Highlights

  • Wood Flooring
  • Great Room
  • Landscaped
  • Gretna Elementary School Rated A-
  • Sitting Room
  • Ceiling Fan

About This Home

Adorable lakefront furnished cottage nestled in a park-like setting at the foothills of beautiful Smith Mountain Lake. Perfectly situated on .83 acres. The entry level features the foyer, great room, beautiful wood beams above, area w/a brick wood burning FP & propane insert, kitchen, breakfast bar, laundry room, full bath, & wrap-around decking for entertaining friends & family. The lower level includes 2 guest bedrooms. The backyard is perfect for entertaining w/a lower patio, built-in grill, out-door shower, fenced flat back yard, gentle slope to the dock. Enjoy all lake activities with 101 ft of deep waterfront, perfect for swimming, kayaking and canoeing. Covered boat slip, jet ski lift, stationary dock, and floater. Circle drive, plenty of parking. Short Term Rentals Allowed

Listing Agent

Charlene Jones

Re/Max Lakefront Realty License #0225062022 Listed on: 04/08/2025

Re/Max Lakefront Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1971

Lot Details

  • 0.82 Acre Lot
  • Landscaped
  • Property is zoned RC-1

Home Design

  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 940 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Sitting Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Vinyl

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Schools

  • Gretna Elementary School
  • Gretna Midl Middle School
  • Gretna High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 1563-43-9980

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

Built in 1971

Lot Details

0

Listing Details

  • AssocFeeOptional: None
  • Directions: HFB, R-122 S, L-616, R-834, L-40 E, L-Old Mountain Rd, L-SM Rd, R-Locust Lane, first drive on your L-see mailbox 221 & 221 on the tree. Continue to end. Circle Drive. Shared driveway.
  • Internet Providers: Shentel
  • Days On Market: Yes
  • Prop. Type: Residential
  • Year Built: 1971
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 630.00
  • Architectural Style: Other, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Other
  • Has Basement: Exterior Entrance, Finished, Full, Interior Entrance, Walkout
  • Flooring: Laminate, Vinyl, Wood
  • Deck: 0x0 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Great Room: 16.50x13.10 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Drywall, Great Room
  • Dining Kitchen: 10.10x10.20 Level: Level 1 Above Grade
  • Laundry: Laundry Closet, Main Level
  • Master Bedroom: 13.10x10.10 Level: Below Grade
  • Other Room 1: 39.90x3.10 Level: Level 1 Above Grade
  • Other Room 2: 12.11x9.90 Level: Level 1 Above Grade
  • Other Room 3: 13.40x6.60 Level: Level 1 Above Grade
  • Porch: 9.90x21 Level: Level 1 Above Grade
  • Additional Room 1 Description: Lakeside proch
  • Additional Room 2 Description: Sitting Room
  • Additional Room 3 Description: Dining Area
  • Appliances: Microwave, Range-Elec, Refrigerator
  • Fireplace: 1 Fireplace, Great Room, Wood Burning, Other
  • Stories: One
  • Second Bedroom: 12.11x10.10 Level: Below Grade
  • Room Master Bedroom Area: 132.310000
  • GreatRoom Area: 216.150000
  • Room Kitchen Area: 103.020000
  • Room Bedroom2 Area: 122.311000
  • MasterBedroomDimensions Dim: 13.100 x 10.100
  • Kitchen Dim: 10.100 x 10.200
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 10.100

Exterior Features

  • Lot Number: 1
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Patio, Rear Porch, Landscaped
  • Patio: 10.08x15.60 Level: Below Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Electric Baseboard
  • Water Source: Well

Schools

  • Elementary School: Gretna Elem
  • High School: Gretna High
  • Middle School: Gretna Midl
  • Junior High Dist: Pittsylvania

Lot Info

  • Zoning: RC-1
  • Acres: 0.8200
  • Lot Size Sq Ft: 35719.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 1563-43-9980

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 2224

Multi Family

  • Existing Lease Type: Net

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $2,224 $397,200 $285,000 $112,200
2023 $2,224 $397,200 $285,000 $112,200
2022 $1,730 $259,600 $190,000 $69,600
2021 $805 $259,600 $190,000 $69,600
2020 $1,610 $259,600 $190,000 $69,600
2019 $1,610 $259,600 $190,000 $69,600
2018 $1,610 $259,600 $190,000 $69,600
2017 $1,547 $259,600 $190,000 $69,600
2016 $1,547 $262,200 $190,000 $72,200
2015 $1,547 $262,200 $190,000 $72,200
2011 -- $262,200 $190,000 $72,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2025 07/04/25 Price Changed $599,950 -3.1% $638 / Sq Ft
04/08/2025 04/08/25 For Sale $619,000 +54.8% $659 / Sq Ft
11/29/2022 11/29/22 Sold $399,900 0.0% $423 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $399,900 -- $423 / Sq Ft
Source: Lynchburg Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $399,900 Century Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $359,910 New Conventional
Source: Public Records

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Source: Lynchburg Association of REALTORS®

MLS Number: 358370

APN: 1563-43-9980

Virginia Pittsylvania County Penhook 24137

241 Locust Ln, Penhook, VA

This home is located at 241 Locust Ln, Penhook, VA 24137 and is currently priced at $599,950, approximately $638 per square foot. This property was built in 1971. 241 Locust Ln is a home located in Pittsylvania County with nearby schools including Gretna Elementary School, Gretna Middle School, and Gretna High School.

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Charlene Jones
Listing Agent
Charlene Jones
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Re/Max Lakefront Realty
(540) 783-6663