Seller's Agent in 2025
Kermit Johnson
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 529-0398
1 in this area
57 Total Sales
40 Big Cove Dr Penhook, VA 24137
Estimated Value: $1,568,284 - $2,400,000
4
Beds
3.5
Baths
3,648
Sq Ft
$494/Sq Ft
Est. Value
Highlights
- 189 Feet of Waterfront
- Lake View
- Deck
- 1 Dock Slip
- 2.28 Acre Lot
- Contemporary Architecture
About This Home
As of August 2025Your private Lakefront oasis! Walk into this fabulous home and view the stunning see through fireplace. This home, built in 2021 by the seller, has both rustic charm and modern elegance. Locally sourced hardwood floors add warmth and character to the spacious living areas. Expansive windows frame breathtaking panoramic views of Smith Mountain Lake, offering stunning sunrises. This home is designed for comfort and convenience. A propane backup generator ensures peace of mind during power outages. Additional insulation means very low utility bills. This exceptional home boasts a rare natural sandy beach, perfect for sun-soaked days and effortless water access. Imagine launching kayaks, swimming, or simply relaxing by the water's edge. SEE THE ATTACHED APPRAISAL FOR ABOVE LIST PRICE
Last Agent to Sell the Property
WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225105309 Listed on: 03/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,804
Year Built
- Built in 2021
Lot Details
- 2.28 Acre Lot
- 189 Feet of Waterfront
- Level Lot
- Property is zoned A1
Home Design
- Contemporary Architecture
- Hardboard
Interior Spaces
- 1 Fireplace
- Insulated Doors
- Storage
- Lake Views
- Basement
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Personal Watercraft Lift
- Rip-Rap
- Dock has a Storage Area
- Boat Hoist or Davit
- 1 Dock Slip
- Covered Dock
- Deck
- Patio
- Front Porch
Schools
- Glade Hill Elementary School
- Ben Franklin Middle School
- Franklin County High School
Utilities
- Heat Pump System
- Underground Utilities
- Power Generator
- Tankless Water Heater
- Propane Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9B
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
Jul 31, 2025
Sold by
Lake Exchange Llc
Bought by
Kirkbride Michael S
Seller's Agent
Kermit Johnson
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Lynn Martin
MKB, REALTORS(r)
List Price
$2,001,500
Sold Price
$1,600,000
Premium/Discount to List
-$401,500
-20.06%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,821
Avg. Annual Appreciation
36.50%
Original Mortgage
$1,600,000
Outstanding Balance
$1,598,209
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$202,612
Purchase Details
Closed on
Apr 20, 2021
Sold by
Boyer Mary S
Bought by
Joblon Gary S and Joblon Carolyn A
Purchase Details
Closed on
Apr 15, 2021
Sold by
Boyer Mary S
Bought by
Lake Exchange Llc
Purchase Details
Closed on
Nov 14, 2017
Sold by
Boyer John M and Boyer Mary S
Bought by
Boyer Mary S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kirkbride Michael S | $1,600,000 | Fidelity National Title Insura | |
| Kirkbride Michael S | $1,600,000 | Fidelity National Title Insura | |
| Joblon Gary S | $185,000 | None Available | |
| Lake Exchange Llc | $245,000 | Fidelity National Ttl Ins Co | |
| Boyer Mary S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kirkbride Michael S | $1,600,000 | |
| Closed | Kirkbride Michael S | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,600,000 | -12.6% | $439 / Sq Ft |
| 07/04/2025 07/04/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $1,829,999 | -0.5% | $502 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $1,839,999 | -0.3% | $504 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $1,844,999 | -0.3% | $506 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $1,849,999 | -2.6% | $507 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $1,899,999 | -1.0% | $521 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $1,920,000 | -1.5% | $526 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $1,950,000 | -2.6% | $535 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $2,001,500 | -- | $549 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $4,804 | $1,117,300 | $267,800 | $849,500 |
| 2024 | $4,804 | $1,117,300 | $267,800 | $849,500 |
| 2023 | $3,978 | $652,200 | $205,800 | $446,400 |
| 2022 | $2,764 | $453,100 | $205,800 | $247,300 |
| 2021 | $1,676 | $202,800 | $200,800 | $2,000 |
| 2020 | $1,676 | $274,800 | $272,800 | $2,000 |
| 2019 | $1,676 | $274,800 | $272,800 | $2,000 |
| 2018 | $1,676 | $274,800 | $272,800 | $2,000 |
| 2017 | $1,511 | $352,000 | $350,000 | $2,000 |
| 2016 | $1,511 | $352,000 | $350,000 | $2,000 |
| 2015 | $1,901 | $352,000 | $350,000 | $2,000 |
| 2014 | $1,901 | $352,000 | $350,000 | $2,000 |
| 2013 | $1,901 | $352,000 | $350,000 | $2,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kermit Johnson
-
Irina Hallacher
Seller Co-Listing Agent in 2025
Irina Hallacher
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 521-9943
2 in this area
220 Total Sales
-
Lynn Martin
Buyer's Agent in 2025
Lynn Martin
MKB, REALTORS(r)
(540) 989-4555
1 in this area
76 Total Sales
-
Caroline Dermott
Buyer Co-Listing Agent in 2025
Caroline Dermott
MKB, REALTORS(r)
(540) 521-9486
1 in this area
60 Total Sales
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 914855
APN: 0511600900
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 205 Golfers Crossing Dr
- 195 Golfers Crossing Dr
- LOT 126 Lands End Rd
- Lot 155 Cross Harbor Dr
- 410 Marina Bay Dr Unit 102
- Lot 22 Jefferson Dock Rd
- Lot 232 Lake Front Cir
- Lot 96 Sandwedge Cir
- 127 Village Green Dr
- Lot 12 Birdie Ln
- LOT 29 Waters Edge Dr
- Lot 218A Hunterwood Cir
- 125 Grande Villa Dr
- 75 Grande Villa Dr
- 2650 Waters Edge Dr
- lot 32 Hidden Treasures Ln
- 31 Flagstick Ct
- LOT 25 Belle Isle Dr
- 30 Island Green Cir Unit 22
- 160 Island Green Dr Unit 8
- 162 Big Cove Dr
- Lot 9B Big Cove Dr
- 2463 Morgans Fork Rd
- 101 Sutherland Ln
- Lot 1 Big Cove Dr
- 183 Big Cove Dr
- 2330 Morgans Fork Rd
- 220 Big Cove Dr
- 68 Sutherland Ln
- 272 Big Cove Dr
- 295 Big Cove Dr
- Lot 2 Big Cove Dr
- 9 Big Cove Dr
- 0 South Dr Unit LOT 3-A 862453
- 293 Big Cove Dr
- 348 South Dr
- 2300 Morgans Fork Rd
- LOT 3-A South Dr
- 84 Pinewood Dr
- 100 Pinewood Dr