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Penhook, VA Homes for Sale

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  • /5

    $59,000

    • Land
    • 0.46 Acre
    • $128,261 per Acre

    Lot 234 Marina Bay Dr, Penhook, VA 24137

    Discover Your Private Paradise at The Waters Edge Golf Community. This beautiful building lot offers both privacy and convenience. With beautiful views of Smith Mountain, this water access lot is just a short walk from the marina / lake access, equestrian center and clubhouse, where you can enjoy golf, the pool, tennis courts, fitness center & dining. Club membership is available, contact the

    Agent Photo

    Michelle Turner

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 405-8373

    Lot 234 Marina Bay Dr, Penhook, VA 24137
  • /63

    $779,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,950 Sq Ft

    342 Morgans Mill Dr, Penhook, VA 24137

    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

    Agent Photo

    Dana Montgomery

    BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    (540) 551-7914

    342 Morgans Mill Dr, Penhook, VA 24137
  • /119

    $1,300,000

    • 7 Beds
    • 4 Baths
    • 3,584 Sq Ft

    Contact Agent, Penhook, VA 24137

    Nestled in the scenic Penhook area of Franklin County, this remarkable 169.95+-acre property offers the perfect blend of comfort, recreation, and natural beauty. This turn-key hunting estate includes two homes, boasting a total of 7 bedrooms and 4 bathrooms with approximately 3,584+- square feet of combined living spaceideal for a multi-family retreat or hosting guests. A 30x40 metal garage

    Alex Hunt

    Contact Agent, Penhook, VA 24137
  • /7

    $693,155

    • Land
    • 148 Acres
    • $4,683 per Acre

    0 Snow Creek Rd Unit 22376483, Penhook, VA 24137

    Discover the natural beauty and potential of this 148-acre timber tract located in the heart of Franklin County, VA. This expansive property offers a mix of young planted pines and sections of mature hardwoods, making it ideal for timber investment, recreational use, or a private retreat.The property boasts significant frontage on the serene Pigg River, providing opportunities for fishing,

    Aaron Sutton National Land Realty

    0 Snow Creek Rd Unit 22376483, Penhook, VA 24137
  • /69

    $1,850,000

    • 7 Beds
    • 5 Baths
    • 4,330 Sq Ft

    292 Cove Rd, Penhook, VA 24137

    OVER $200K IN SHORT TERM RENTAL INCOME IN 2024! WATERFRONT DREAM HOME WITH VIEWS OF THE LAKE FROM EVERY ROOM. Experience the pinnacle of lakefront luxury with this stunning 7-bedroom, 6-bathroom waterfront home, perfectly positioned in one of the most sought-after locations on the water. Designed with a gorgeous open floor plan and full of modern features, this home is made for effortless

    Kendra Porter VIRGINIA REALTY GROUP

    292 Cove Rd, Penhook, VA 24137
  • /88

    $1,989,000

    • 4 Beds
    • 4 Baths
    • 5,440 Sq Ft

    325 Bull Run Trail, Penhook, VA 24137

    Experience the Ultimate in Lakefront Luxury Living at Beautiful Smith Mountain Lake. This one-of-a-kind Masterpiece offers Luxury Living with Lots of Extra Features. Step inside to be greeted by gorgeous Brazilian Cherry Hardwood Floors and Amazing Lake Views. The Main Level Boasts a Great Room with Cozy Fireplace, Formal Sitting Room, Dining Area, Spacious Kitchen, all leading out to the Huge

    Teresa Prillaman WAINWRIGHT & CO., REALTORS(r)- LAKE

    325 Bull Run Trail, Penhook, VA 24137
  • /77

    $2,199,900

    • 5 Beds
    • 5.5 Baths
    • 4,893 Sq Ft

    211 Big Cove Dr, Penhook, VA 24137

    Welcome to this SPECTACULAR CUSTOM NEW BUILD, thoughtfully designed and perfectly positioned on a FLAT, PRIVATE LOT in Franklin County. Zoned A-1, this property permits short-term rentals with an approved Special Use Permit--offering EXCEPTIONAL potential as a high-performing INVESTMENT or a serene personal retreat. Tucked away in a QUIET COVE with LONG lake VIEWS, this home boasts rare,

    Jada Turner BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    211 Big Cove Dr, Penhook, VA 24137
  • /75

    $2,199,900

    • 4 Beds
    • 5.5 Baths
    • 5,484 Sq Ft

    211 Big Cove Dr, Penhook, VA 24137

    REDUCED! Discover this exquisite one of a kind new construction in Penhook. Dock will be completed for you to enjoy soon. Over an acre lot with a gentle slope to the lake. Once you enter the door you will be amazed at the quality of construction throughout. Wide trim and moldings complement every room. Entertain in the gourmet kitchen which flows to the 28x16 covered porch. Four large bedrooms

    Rosie Gantt Century 21 ALL-SERVICE

    211 Big Cove Dr, Penhook, VA 24137
  • /77

    $1,975,000

    • 6 Beds
    • 4 Baths
    • 4,739 Sq Ft

    40 Sandpiper Cir, Penhook, VA 24137

    The Waters Edge-Experience breathtaking sunsets and expansive water views from this beautifully renovated lake home. Boasting a gentle slope to the dock, this property is perfect for entertaining and enjoying the waterfront lifestyle. Recent upgrades ensure modern comfort and convenience, while the spacious deck with composite, patio areas and double slip dock with new floater provide ample

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    40 Sandpiper Cir, Penhook, VA 24137
  • /96

    $1,099,000 New Construction

    • 4 Beds
    • 4 Baths
    • 2,803 Sq Ft

    Lot 243 Flagstick Ct, Penhook, VA 24137

    Stunning Golf Course Home with Expansive Windows & Main-Level Living! Enjoy maximum energy efficiency! ~2800 sq ft estate home with breathtaking golf course views. Bathed in natural light from abundant Pella windows and oversized sliders, this residence features an open-concept layout ideal for entertaining. The main level offers four spacious bedrooms and two and a half bathrooms, including a

    Courtney Greco EXP REALTY LLC - FOREST

    Lot 243 Flagstick Ct, Penhook, VA 24137
  • /19

    $69,000

    • Land
    • 2.55 Acres
    • $27,059 per Acre

    10597 Snow Creek Rd, Penhook, VA 24137

    COME ENJOY THIS PIECE OF SERENITY!!! THIS PROPERTY OFFERS 2.55 ACRES IN BEAUTIFULL SNOW CREEK AREA WITH GORGEOUS VIEWS, PEACE AND QUIET, AND A BUBBLING CREEK TO RELAX BY. READY TO BUILD, HOMESTEAD, OR JUST A QUIET PLACE TO RETREAT.

    Lorie Ranson WAINWRIGHT & CO., REALTORS(r)- LAKE

    10597 Snow Creek Rd, Penhook, VA 24137
  • /82

    $3,950,000

    • 6 Beds
    • 8 Baths
    • 7,034 Sq Ft

    180 Island View Dr, Penhook, VA 24137

    BREATHTAKING VIEWS of Smith Mountain and #7 Island Green at The Water's Edge. This high end custom built contemporary home w three car garage is situated on a fantastic lot with a huge fenced backyard and large dock. The main level boosts a luxurious primary suite with setting area and fireplace overlooking the extraordinary views. A large well appointed kitchen and spacious living room with

    Jane Sullivan Horne BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    180 Island View Dr, Penhook, VA 24137
  • /5

    $140,000

    • Land
    • 1.36 Acres
    • $102,941 per Acre

    Lot 170 Talon Ridge Ct, Penhook, VA 24139

    Nice Waterfront lot with 1.36 acres in beautiful Eagle Pointe Shores on Leesville Lake. Eagle Pointe Shores provides amenities to include hiking trails, picnic areas, pavilion, and deeded access to the neighborhood boat ramp. Enjoy the convenience of 2 lakes, Leesville Lake and within minutes to Smith Mountain Lake.

    Charlene Jones RE/MAX LAKEFRONT REALTY INC

    Lot 170 Talon Ridge Ct, Penhook, VA 24139
  • /41

    $484,000

    • 2 Beds
    • 2 Baths
    • 1,007 Sq Ft

    6605 Smith Mountain Rd Unit 230, Penhook, VA 24137

    Vista Pointe-Imagine stepping directly into your private end-unit condo, greeted by breathtaking wide channel views that offer unparalleled tranquilty and privacy. Imagine enjoying your morning coffee from the covered porch, watching boats glide by and listening to the soothing sounds of the water lapping the shoreline. This isn't just a home: it's a front row seat to spectacular holiday

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    6605 Smith Mountain Rd Unit 230, Penhook, VA 24137
  • /52

    $1,295,000

    • 4 Beds
    • 3.5 Baths
    • 3,443 Sq Ft

    30 Island Green Cir Unit 22, Penhook, VA 24137

    Town home living at its best. 4 Bedrooms, 3.1 baths. Live on the lake with your boat and slip a short walk away. Nice lake views, located on a very large cove within a very large cove so no worries about boats getting near your family while in the water. Beautiful cherry cabinets in the kitchen. New LVT flooring in lower level and new bar area. IGP offers complete outdoor care which

    Peter Roberts BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    30 Island Green Cir Unit 22, Penhook, VA 24137
  • /28

    $359,900

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    971 Waters Edge Dr, Penhook, VA 24137

    Looking for one level living, come check out this New 3 Bedroom, 2 Bath home located in a lake access community. The community has a community boat ramp & dock. Home has an open floor concept with split bedroom design. Beautiful kitchen with large island. Home has 6'' walls and a 7 /12 roof. Comes with a 10 year HVAC warranty. Great starter home or for a retiree.

    Pamela Gabriel RE/MAX LAKEFRONT REALTY INC

    971 Waters Edge Dr, Penhook, VA 24137
  • /51

    $1,300,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft

    780 Adkins Rd, Penhook, VA 24137

    Nestled in the scenic Penhook area of Franklin County, this remarkable 169.95+-acre property offers the perfect blend of comfort, recreation, and natural beauty. This turn-key hunting/Residential estate includes two homes, boasting a total of 7 bedrooms and 4 bathrooms with approximately 3,584+- square feet of combined living space--ideal for a multi-family retreat or hosting guests. A 30x40

    Charles Hunt WHITETAIL PROPERTIES REAL ESTATE LLC

    780 Adkins Rd, Penhook, VA 24137
  • /51

    $774,900

    • 3 Beds
    • 2.5 Baths
    • 2,542 Sq Ft

    145 Golfers Crossing Dr, Penhook, VA 24137

    Charming home located within Nantucket-style Golfers Crossing in the popular lakefront community of The Water's Edge. The entry level is lovely with natural light and features hardwood floors & vaulted ceiling. The living level features a living room w/gas FP, kitchen w/cherry cabinets, dining area, covered back porch overlooking 12th fairway and Smith Mountain, large primary bedroom, office,

    Charlene Jones RE/MAX LAKEFRONT REALTY INC

    145 Golfers Crossing Dr, Penhook, VA 24137
  • /10

    $144,500

    • 3 Beds
    • 1 Bath
    • 1,275 Sq Ft

    1742 Fruitridge Dr, Penhook, VA 24137

    **BRICK RANCH, FIXER-UPPER ON 2 ACRES!** PRICED TO SELL! Update as desired! 3Bed/1Bath Home w/Unfinished Lower Level. Kitchen Open to Dining Area, Living Room offers Hardwood Floors, Den off Kitchen w/Brick Fireplace. Tons of Potential! Large shed, Great Yard & Garden space! Schools: Gretna. Sold ''as-is''

    Angie McGhee MKB, REALTORS(r) - FRANKLIN CO

    1742 Fruitridge Dr, Penhook, VA 24137
  • /3

    $199,900

    • Land
    • 0.77 Acre
    • $259,610 per Acre

    LOT 454 E Pointe Dr, Penhook, VA 24137

    Wooded waterfront lot on Smith Mountain Lake. Located in the beautiful and prestigious community of The Water's Edge Golf Course and Country Club. Build your dream home in this quiet cove and enjoy all the amenities of the neighborhood. AEP approved dock permit attached under documents. Active club membership.

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    LOT 454 E Pointe Dr, Penhook, VA 24137
  • /7

    $59,000

    • Land
    • 0.77 Acre
    • $76,623 per Acre

    Lot 155 Cross Harbor Dr, Penhook, VA 24137

    This beautiful corner lot in The Waters Edge offers a tempting opportunity, boasting not only generous size (.77 acres) but also seasonal views of both the golf course and the water. Its proximity to the community Clubhouse is another perk, suggesting easy access to amenities. See agent for details. Water hook-up fees and drain field installation is the responsibility of the Purchasers.

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 155 Cross Harbor Dr, Penhook, VA 24137
  • /8

    $1,100,000

    • Land
    • 522 Acres
    • $2,107 per Acre

    6613 Truevine Rd, Penhook, VA 24148

    Come see the Magnificent Views of Smith Mtn, Peaks of Otter and the Blue Ridge mountains from these 522 acres. The property has intensely managed loblolly pines stands for future income. There is long frontage along the Pig River. Perfect for fishing, kayaking, and canoeing. The property has road frontage on two roads. This provides great access to the river as well. There is abundant Deer,

    Jeff Davis JEFF DAVIS & ASSOCIATES, LLC

    6613 Truevine Rd, Penhook, VA 24148
  • /17

    $800,000

    • Land
    • 322 Acres
    • $2,484 per Acre

    00 Old Fire Tower Ln, Penhook, VA 24137

    +/- 322 acres of intensely managed timber land. The property has a rocky, flowing stream all year long, providing water for the abundant wildlife and water sounds for peace and serenity. There are Oaks along the stream to provide food for the plentiful deer, turkey and bear. Adjoins Turkey Cock Mtn wildlife preserve. BIG VIEWS!!!

    Jeff Davis JEFF DAVIS & ASSOCIATES, LLC

    00 Old Fire Tower Ln, Penhook, VA 24137
  • /59

    $419,500

    • 4 Beds
    • 4 Baths
    • 2,128 Sq Ft

    6399 Snow Creek Rd, Penhook, VA 24137

    Welcome to 6399 Snow Creek Road -- where comfort meets style! This beautifully updated 4-bedroom, 4-bath split-level home offers the perfect blend of space, function, and modern upgrades. Featuring a primary suite on the main level and main level laundry, this home is designed for easy, everyday living. Step into the stunning upgraded kitchen,complete with granite countertops, soft-close

    Mitch Jearls MKB, REALTORS(r)

    6399 Snow Creek Rd, Penhook, VA 24137
  • /40

    $619,000

    • 2 Beds
    • 1 Bath
    • 940 Sq Ft

    241 Locust Ln, Penhook, VA 24137

    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

    Charlene Jones RE/MAX LAKEFRONT REALTY INC

    241 Locust Ln, Penhook, VA 24137
  • /3

    $35,000

    • Land
    • 1.09 Acres
    • $32,110 per Acre

    Lot 6 Waterside Terrace, Penhook, VA 24137

    Wide water frontage lot on Peaceful Leesville Lake. Building site offers Mountain and lake views. Great hard surface roads to the lot. Boat launch within roughly 1 mile. Build your place at the lake today! (water frontage is estimated. All information to be verified by Buyer.)

    Delene Morgan LAKE HOMES REALTY, LLC

    Lot 6 Waterside Terrace, Penhook, VA 24137
  • /2

    $25,000

    • Land
    • 0.38 Acre
    • $65,789 per Acre

    Lot 291 Dormie Ln, Penhook, VA 24137

    The Waters Edge- Enjoy this beautiful homesite conveniently located near The Waters Edge Country Club and amenities. The amenities include golf, tennis, pickleball, swimming, exercise and equestrian center.

    Vicki Millehan BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 291 Dormie Ln, Penhook, VA 24137
  • /34

    $25,000

    • Land
    • 0.84 Acre
    • $29,762 per Acre

    Lot 284 Cross Tower Dr, Penhook, VA 24137

    Welcome to The Waters Edge! Great building Lot, Mostly Wooded, Level Building Site with Privacy, Paved Roads. Hook up fees and septic system to be installed by purchaser.

    Alla Scott COLDWELL BANKER TOWNSIDE, REALTORS(r)

    Lot 284 Cross Tower Dr, Penhook, VA 24137
  • /76

    $399,000

    • 4 Beds
    • 3 Baths
    • 2,610 Sq Ft

    6680 Snow Creek Rd, Penhook, VA 24137

    Looking for a home with a view? Look no further, this charming ranch offers 360 degree mountain views. Have your morning coffee looking out over the beautiful pastures and mountains. Boasting 3 bedrooms and 2 bathrooms on the main level, newly remodeled kitchen, fresh paint, and luxury vinyl flooring. Downstairs you will find a separate living space for an in law suite, older children, or rental

    Jennifer Mazeika PROPERTY NAVIGATORS LLC

    6680 Snow Creek Rd, Penhook, VA 24137
  • /103

    $1,829,999

    • 4 Beds
    • 3.5 Baths
    • 3,648 Sq Ft

    40 Big Cove Dr, Penhook, VA 24137

    Your 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

    Kermit Johnson COLDWELL BANKER TOWNSIDE, REALTORS(r)

    40 Big Cove Dr, Penhook, VA 24137
  • /47

    $825,000

    • 4 Beds
    • 3 Baths
    • 2,838 Sq Ft

    214 Anthony Ford Rd, Penhook, VA 24137

    One owner home with waterfrontage on the main channel of Smith Mountain Lake. Picturesque sunrises can be enjoyed from the sunroom while enjoying your morning coffee. This home is situated on a road with a cul-de-sac and has 4 bedrooms, 3 bathrooms and a large family room with a gas-log fireplace. The large double-car garage offers plenty of storage as well as a separate bonus room with full

    Lisa Sine CB SALES AND RENTALS INC

    214 Anthony Ford Rd, Penhook, VA 24137
  • /14

    $310,000

    • 2 Beds
    • 1 Bath
    • 1,332 Sq Ft

    1179 Danville Turnpike, Penhook, VA 24137

    This charming home is nestled on 28.56 acres of picturesque acres and is just a short drive to the beautiful Smith Mountain Lake. This serene property is an ideal retreat for nature lovers, outdoor enthusiasts or anyone seeking tranquility. All information taken from seller and/or tax card. Buyer to verify all information.

    Amy Winikur Copper Key Realty, LLC

    1179 Danville Turnpike, Penhook, VA 24137
  • /11

    $22,000

    • Land
    • 0.54 Acre
    • $40,741 per Acre

    LOT 273 Niblicks Cir, Penhook, VA 24137

    Great wooded building lot in The Waters Edge CC community. Located on a quiet cul-de-sac with a short walk to the country club. The club is now a part of McConnell Golf family of clubs (15). Amenities include Golf (the course is in incredible shape), Tennis (club has a tennis pro that pairs player up on Mon/Wed/Fri), Pickleball, Pool, Fitness Room, Banquet Facilities, Dining and Equestrian

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    LOT 273 Niblicks Cir, Penhook, VA 24137
  • /12

    $35,000

    • Land
    • 0.78 Acre
    • $44,872 per Acre

    Lot 218A Hunterwood Cir, Penhook, VA 24137

    Beautiful, wooded cul-de-sac lot with views of golf driving range and club house. Extremely private and yet a convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant and equestrian center). Great place to relax and enjoy all the amenities in a place many call paradise. Lot has active membership. Any connection fees for well and septic are buyers'

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 218A Hunterwood Cir, Penhook, VA 24137
  • /13

    $64,900

    • Land
    • 0.42 Acre
    • $154,524 per Acre

    Lot 96 Sandwedge Cir, Penhook, VA 24137

    Beautiful partially wooded golf course lot with views of the 16th green and fairway. Also views of mountains including Smith Mountain. Convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant).

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 96 Sandwedge Cir, Penhook, VA 24137
  • /19

    $40,000

    • Land
    • 0.73 Acre
    • $54,795 per Acre

    Lot 383 Mountain Shore Dr, Penhook, VA 24137

    Approximately 3/4 acre flat lot in The Waters Edge Country Club Community. Great location with just a short walk to club, restaurant, golf, pool, tennis and equestrian center. Active club membership.

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 383 Mountain Shore Dr, Penhook, VA 24137
  • /21

    $499,000

    • Land
    • 1.65 Acres
    • $302,424 per Acre

    Lot 476 Southwood Dr, Penhook, VA 24137

    Large waterfront lot on Smith Mountain Lake with a view of the water and mountain! A spacious 1.65 acres adjoining 4 acres of open space, with a covered boat dock with storage. Mostly wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership. The adjoining 1.91 acre lot is also currently for sale which borders another 4 acres of open space

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    Lot 476 Southwood Dr, Penhook, VA 24137
  • /26

    $699,000

    • Land
    • 1.91 Acres
    • $365,969 per Acre

    LOT 474 Southwood Dr, Penhook, VA 24137

    This beautiful waterfront lot on Smith Mountain Lake has it all! Almost 2 acres, view of Smith Mountain, adjoining 4 acres of open space, two locations for drainfields that will accommodate a seven bedroom house, part open and part wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership. The adjoining 1.65 acre lot is also currently for

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    LOT 474 Southwood Dr, Penhook, VA 24137
  • /11

    $99,900

    • Land
    • 0.50 Acre
    • $199,800 per Acre

    LOT 29 Waters Edge Dr, Penhook, VA 24137

    Rare find with water views from every direction on this level, water access lot at Smith Mountain Lake. Located in the beautiful community of The Water's Edge Golf Course and Country club with an active membership.

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    LOT 29 Waters Edge Dr, Penhook, VA 24137
  • /14

    $49,900

    • Land
    • 0.73 Acre
    • $68,356 per Acre

    LOT 377 Morgans Mill Dr, Penhook, VA 24137

    Beautiful wooded lot with water access to Smith Mountain Lake. Located in one of the most desirable neighborhoods, The Water's Edge Golf Course and Country Club with an active membership. Sellers have the plans for a Lindal Cedar home that would complement the property nicely!

    Debbie Shelton BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

    LOT 377 Morgans Mill Dr, Penhook, VA 24137

Showing Results 1 - 40, Page 1 of 2

Why Live in Penhook

Penhook is a unique neighborhood divided by Old Franklin Turnpike, offering both lakefront and rural living along the southern banks of Smith Mountain Lake. The Water’s Edge Country Club, established in the late 80s, is a major attraction with its luxury golf course, clubhouse, tennis courts, and equestrian center. Residents enjoy a mix of single-family homes, farms, condos, and estates, with architectural styles ranging from ranch-style homes and small farmhouses to luxury New England-style estates and Colonial Revivals. The proximity to Smith Mountain Lake provides ample opportunities for fishing, boating, swimming, jet skiing, and hiking, with access points like Penhook #9 Boat Access and marinas such as Lakeside Marina. Campgrounds and trails, including Smith Mountain Lake Trail, offer additional outdoor recreation. Franklin County Public Schools serve the area, with highly rated institutions like Glade Hill Elementary, Benjamin Franklin Middle, and Franklin County High School. Local dining options include The Little Mule Café and Carl’s Place, while nearby Rocky Mount offers grocery stores and national retailers. Penhook is safer than the national average, making it a practical choice for potential home buyers.

Frequently Asked Questions

What is the average home price in Penhook, VA?
Homes for sale in Penhook, VA have an average home price of $944,058.
Are home prices dropping in Penhook?
Yes, home prices in Penhook are down 33% in the last 12 months.
How many homes have sold over the last 12 months in Penhook, VA?
44 homes have sold in Penhook, VA over the last 12 months.
What are the most popular zip codes in Penhook, VA?
The most popular zip codes in Penhook, VA include 24121, 24151, 24101, 24014 and 24557.
How much do you need to make to afford a house in Penhook?
The median home price in Penhook is $774,900. If you put a 20% down payment of $155,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $4,030 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $173K a year to afford the median home price in Penhook.
How are the schools in Penhook, VA?
Penhook, VA has highly rated public and private schools. Some of the best schools in Penhook based on Niche Grades are Snow Creek Elementary School, Dudley Elementary School and Glade Hill Elementary School. Browse all the schools in Penhook, VA to learn more.

Home Trends in Penhook, VA

Housing Trends

Median Sale Price
$516,250
Median Single Family Sale Price
$939,000
Median Townhouse Sale Price
$484,000
Median 2 Bedroom Sale Price
$459,500
Average Price Per Sq Ft
$377
Number of Homes for Sale
20
Last 12 months Home Sales
44
Months of Supply
5.50
Median List Price
$774,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-34%
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