$779,900
PENDING NEW CONSTRUCTION

342 Morgans Mill Dr Penhook, VA 24137

Estimated payment $4,490/month

Total Views 24,734
3 Beds
2 Baths
1,950 Sq Ft
$400 Price per Sq Ft

Highlights

  • Marina
  • Golf Course Community
  • New Construction
  • 1 Dock Slip
  • Water Access
  • Deck

About This Home

COMPLETED NEW CONSTRUCTION, LAKE ACCESS WITH THE OPTION TO PURCHASE COVERED BOATSLIP!! Located in the prestigious golf community of Waters Edge, this stunning new construction offers the perfect blend of modern craftsmanship and timeless elegance. Designed for both comfort and entertaining, this thoughtfully designed home features 3 spacious bedrooms, 2 luxurious bathrooms, and a dedicated office space within an open-concept floor plan. Highlights include soaring cathedral and tray ceilings, a striking stone fireplace, and custom cabinetry throughout. The gourmet kitchen is equipped with premium Cafe appliances, ideal for the home chef. Enjoy seamless indoor-outdoor living with a covered deck and patio, overlooking the serene surroundings of this exclusive community. The full daylight

Listing Agent

Dana Montgomery

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE License #0225074396 Listed on: 05/09/2025

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.61 Acre Lot
  • Lot Sloped Down
  • Property is zoned RPD

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Stone Siding
  • Hardboard

Interior Spaces

  • 1,950 Sq Ft Home
  • Cathedral Ceiling
  • Gas Log Fireplace
  • French Doors
  • Great Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Boat Hoist or Davit
  • 1 Dock Slip
  • Deck
  • Covered Patio or Porch

Schools

  • Glade Hill Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 376

Community Details

Overview

  • The Waters Edge Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,869

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Interior Features: Breakfast Area, Cathedral Ceiling, Gas Log Fireplace, Storage, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Cook Top, Dishwasher, Garage Door Opener, Microwave Oven (Built In), Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1950.00
  • ExteriorDoors: Fiberglass, French
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 3900
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • POACondoDues: 150.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2025-08-05
  • Residential Type: Detached
  • Style Of House: Ranch
  • SubdivisionMap: The Waters Edge
  • Total Above Grd Fin S Q F T: 1950
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1950.00
  • TotalUnfin Sq Ft: 1950.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1950.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Deed/Assgn Dock
  • Water Class: Water Access Only
  • WaterDetailsNumberCoveredSlips: 1
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, New Construction, Paved Road, Underground Util

Schools

  • Elementary School: Glade Hill
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Down Slope, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.61
  • Lot: 376
  • ZoningCode: RPD

Building Info

  • Year Built: 2025

Tax Info

  • Taxes (6 mo): 3869.00
  • FILLTAXID: 0510914200

MLS Schools

  • Elementary School: Glade Hill
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
06/27/2025 06/27/25 Price Changed $779,900 -13.3% $400 / Sq Ft
05/09/2025 05/09/25 For Sale $899,900 -- $461 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

About the Listing Agent

Dana Montgomery

BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

(540) 551-7914

Section Image

When you work with Dana Montgomery in the sale or purchase of a home, you find her brand of enthusiasm is contagious. She believes the most important thing she can do as a real estate professional is to go the extra mile to make her client’s experience the best they’ve every had—whether they are buying or selling property.

The hallmark of Dana’s service philosophy is to treat clients as she would want to be treated—like family! She approaches each transaction as the opportunity to build

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Source: Roanoke Valley Association of REALTORS®

MLS Number: 917118

Roanoke Valley Association of REALTORS®