$750,000

40 Bay Front Rd Penhook, VA 24137

Estimated payment $4,320/month

Total Views 3,057
4 Beds
3.5 Baths
3,602 Sq Ft
$208 Price per Sq Ft

Highlights

  • Boat Ramp
  • Water Access
  • Deck
  • Golf Course Community
  • Lake View
  • Contemporary Architecture

About This Home

For the first time in 30 years, this inviting lake-view home is available in the highly desirable Water's Edge neighborhood. Located on a beautifully landscaped lot with mature trees, outdoor gardens, and stunning views of the lake, this property offers both privacy and natural beauty in a truly special setting.Inside, the home is filled with light, warmth, and personality. A lifetime of artistic expression is showcased throughout--paintings, sculptures, and collected treasures give the space a unique, creative energy. While thoughtfully lived-in, the home exudes a charm and authenticity that's increasingly rare.The open floor plan features a soaring great room with cathedral ceilings and a fireplace with stone hearth, flowing effortlessly into a spacious kitchen

Listing Agent

David Simon

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225104207 Listed on: 07/24/2025

WAINWRIGHT & CO., REALTORS(r)- LAKE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1990

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 215 x 115
  • Gentle Sloping Lot
  • Property is zoned RPD

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • 3,602 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Drapes & Rods
  • Sliding Doors
  • Great Room with Fireplace
  • Screened Porch
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher
  • Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Patio

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 156

Community Details

Overview

  • Jim Weaver Association
  • The Waters Edge Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,588

Year Built

Built in 1990

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Interior Features: All Drapes, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Skylight, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Basement, Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Dishwasher, Garage Door Opener, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Patio, Paved Driveway, Screened Porch
  • Views: Lake
  • BedroomsBREntryLevel: 3
  • BedroomsBRLowerLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2058.00
  • ExteriorDoors: Sliding, Wood
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 3602
  • HalfBathsHalfBathsLowerLvl: 1
  • Internet Access: Cable
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Phone Email: 703-5 17-4551
  • P O A Condo Contact Name: Jim Weaver
  • POACondoDues: 200.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: Contemporary
  • Total Above Grd Fin S Q F T: 3602
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3602.00
  • TotalHBaths: 1
  • UncoveredNumberSpaces: 2.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1544.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Community Boat Ramp, Community Dock
  • Water Class: Water Access Only
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

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

Association/Amenities

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

Schools

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

Lot Info

  • Lot Description: Gentle Slope
  • Lot Dimensions: 215 x 115
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.81
  • Lot: 156
  • ZoningCode: RPD

Building Info

  • Year Built: 1990

Tax Info

  • Taxes (6 mo): 2588.00
  • FILLTAXID: 0510706100

MLS Schools

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

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 $2,589 $602,000 $55,000 $547,000
2023 $2,565 $420,500 $50,000 $370,500
2022 $2,565 $420,500 $50,000 $370,500
2021 $2,565 $420,500 $50,000 $370,500
2020 $2,565 $420,500 $50,000 $370,500
2019 $2,641 $433,000 $65,000 $368,000
2018 $2,641 $433,000 $65,000 $368,000
2017 $2,382 $396,000 $40,000 $356,000
2016 $2,382 $396,000 $40,000 $356,000
2015 -- $396,000 $40,000 $356,000
2014 -- $396,000 $40,000 $356,000
2013 -- $396,000 $40,000 $356,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $750,000 -- $208 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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Source: Roanoke Valley Association of REALTORS®

MLS Number: 919478

Roanoke Valley Association of REALTORS®

APN: 0510706100