OFF MARKET

Off market aug 2020 for $945K

$2,263,560

•

3,936

sq ft

1187 Ramsey Memorial Rd, Penhook, VA 24137

About this home

Quality built home and barns on 160+ acre property near Smith Mountain Lake VA. The house and barns are situated near the top of the property for privacy and to maximize the view of the fenced pastures and pond. The home offers spacious rooms with an open floor plan, fully handicap accessible including an elevator, plus central vacuum and a generator. Everything you need is on the entry level and the lower level offers a separate living space including kitchen and laundry. Buildings include a 5 stall center isle horse barn with feed and tack rooms and automatic waterers, a 4 bay workshop/commodity building, a 4 bay pole building and two run-in sheds. An older barn that's still usable adds to the charm of this beautiful property.

Single-familyProperty Type

2011Year Built

163.38 acresLot Size

$575Est. Price/Sq.Ft.

1 garage spacesParking

Listed by DEBBIE SHELTON • BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Bought with TERI LABARBERA • LONG & FOSTER - BOTETOURT

Redfin checked: 2 minutes ago

•Source:MLSRV #869348

Redfin Estimate

$2,263,560

$1.3M since sold in August 2020$71K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 124.5% higher than the average sale price ($1.01M) of 6 comparable homes.

SOLD SEP 30, 2026
$1,000,000
A
3 beds2.5 baths3,120 sq ft
239 Blackwater Landing Dr, Wirtz, VA 24184
SOLD AUG 26, 2026
$1,250,000
B
4 beds3 baths3,390 sq ft
4344 Smith Mountain Road Rd, Penhook, VA 24137
SOLD JUL 14, 2026
$1,200,000
C
4 beds3 baths3,504 sq ft
80 Pinewood Dr, Penhook, VA 24137
SOLD OCT 13, 2026
$1,550,000
D
3 beds3.5 baths4,654 sq ft
8875 Burnt Chimney Rd, Wirtz, VA 24184
SOLD JUN 22, 2026
$400,000
E
3 beds2 baths1,593 sq ft
415 Atlantic Timber Ln, Chatham, VA 24531
SOLD SEP 30, 2026
$650,000
F
4 beds4.5 baths3,209 sq ft
498 Meeks Rd, Penhook, VA 24137

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Earn from this home

Rent

$3,353/mo

Redfin rental estimate

List your home for rent

Market trends in 24137, VA

Last updated October 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

94.5%

+0.4% MoM

Median sale price

$1.4M

$169K MoM

Avg. days on market

66d

48 days MoM

Recently sold homes

2 MoM

New listings for sale

$1,499,000
4 beds4.5 baths3,221 sq ft
6 Low Country Dr, Penhook, VA 24137
$599,000
3 beds2 baths1,596 sq ft
348 Munsons Rd, Penhook, VA 24137
$225,000
3 beds2 baths1,232 sq ft
615 Edwards Rd, Penhook, VA 24137
See all

Provided by Redfin

Sale history for 1187 Ramsey Memorial Rd

Year

Property tax

Land + Additions

Assessment*

2025

$302

$223,400 + $12,200

$235,600

2024

$302 (−29.5%)

$223,400 + $12,200

$235,600

2023

$428 (−90.3%)

$223,400 + $12,200

$235,600

2022

$4,399

$223,400 + $12,200

$235,600

2021

$4,399 (−20.8%)

$258,300 + $651,900

$910,200

2020

$5,552 (+32.0%)

$258,300 + $651,900

$910,200

2019

$4,208

$258,300 + $612,200

$870,500

2018

$4,208 (+10.9%)

$258,300 + $612,200

$870,500

2017

$3,794 (−1.1%)

$258,300 + $612,200

$870,500

2016

$3,837 (+2.6%)

$258,300 + $612,200

$870,500

2014

$3,740

$322,900 + $594,500

$917,400

Tax history for 1187 Ramsey Memorial Rd

Year

Property tax

Land + Additions

Assessment*

2025

$302

$223,400 + $12,200

$235,600

2024

$302 (−29.5%)

$223,400 + $12,200

$235,600

2023

$428 (−90.3%)

$223,400 + $12,200

$235,600

2022

$4,399

$223,400 + $12,200

$235,600

2021

$4,399 (−20.8%)

$258,300 + $651,900

$910,200

2020

$5,552 (+32.0%)

$258,300 + $651,900

$910,200

2019

$4,208

$258,300 + $612,200

$870,500

2018

$4,208 (+10.9%)

$258,300 + $612,200

$870,500

2017

$3,794 (−1.1%)

$258,300 + $612,200

$870,500

2016

$3,837 (+2.6%)

$258,300 + $612,200

$870,500

2014

$3,740

$322,900 + $594,500

$917,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

105.2 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Franklin County

APN

068/00/061/00////

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 23, 2026.

Agricultural District

This district includes unincorporated portions of the county that are occupied by various open uses such as farms, forests, lakes, reservoirs, streams and park lands. This district is established for the purpose of facilitating existing and future farming operations, preserving farm and forest lands, conserving water and other natural resources, reducing soil erosion, preventing water pollution, and protecting watersheds and reducing hazards from flood and fire.

Permitted uses

Include but are not limited to:

Agriculture
Greenhouse / nursery
Assembly / meeting place
Religious facility
Day care facility
Commercial & retail-Other
Housing-Single unit
Bed & breakfast
Library
Veterinary clinic

Property details

Parking

Garage and Parking Information
# of Covered Spaces: 4

Interior

Bedroom Information
# of Bedrooms (Total): 3
# of Main Level Bedrooms: 1

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
# of Main Level Bathrooms: 1

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1

Interior Features
# of Rooms (Total): 14
Appliances: Microwave Oven (Built In), Wall Oven
Flooring: Tile, Wood
Interior Features: Book Shelves, Whirlpool Bath

Exterior

Building Information
Building Area (Total): 3,936
Year Built: 2011

Exterior Features
Patio And Porch Features: Front Porch, Rear Porch

Property Information
PropertyType: Residential

Lot Information
Lot Size Area: 163.38
Lot Size Acres: 163.38
Lot Size Square Feet: 7,116,832.8
Lot Size Units: Acres
Waterfront: Yes
Zoning: 1

Financial

Tax Information
Tax Annual Amount: $6,159
Parcel Number: 0680006100 & 0680006102

Utilities

Heating & Cooling
Has Heating
Heating: Heat Pump

Location

School Information
Elementary School: Glade Hill
Middle Or Junior School: Ben Franklin Middle
High School: Franklin County

Location Information
Directions: Route 40 to Penhook, right onto Ramsey Memorial Road to property on right.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 105.2 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Franklin County
APN: 068/00/061/00////

Home facts updated by county records on Oct 23, 2026

Other

Listing Information
ListingId: 869348
ListPrice: $950,000

Listing Office and Agent
Certified Residential Specialist / CRS

Around this home

Schools

Glade Hill Elementary School

Public PreK-5 • Assigned • 6.1mi

7/10

Benjamin Franklin Middle School

Public 6-8 • Assigned • 13.8mi

7/10

Franklin County High School

Public 9-12 • Assigned • 13.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 101° expected this year, 18 days in 30 years

2/10 Wind Factor

3% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Penhook, VA • 24137

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.9 hours in December, which is comparable to the U.S. average for solar exposure.

9.1 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.15M – $2.60M

Sell confidently with a local market expert in Penhook. 3 minutes to get started.

Nearby similar homes

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Remodeled interior • Finished basement • Built-in bar

NEW CONSTRUCTIONVIDEO TOUR

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Open floor plan • Spacious living area • Electric fireplace

New listings for sale in 24137

$1,499,000

4 beds4.5 baths3,221 sq ft

6 Low Country Dr, Penhook, VA 24137

Lakefront living • Secluded acres • 1.7 acre lot

$599,000

3 beds2 baths1,596 sq ft

348 Munsons Rd, Penhook, VA 24137

Walk-in closet • Soaking tub • Gas log fireplace

$225,000

3 beds2 baths1,232 sq ft

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New roof • Hvac system • Well pump

Home values near 1187 Ramsey Memorial Rd

Data from public records.

Address	Redfin Estimate
1365 Ramsey Memorial Rd, Penhook, VA 3 Beds \| 2 Baths \| 1874 Sq. Ft.	$607,937
1170 Ramsey Memorial Rd, Penhook, VA 4 Beds \| 4 Baths \| 5170 Sq. Ft.	$937,280

Address	Redfin Estimate
1910 Ramsey Memorial Rd, Penhook, VA 2 Beds \| 2.5 Baths \| 1680 Sq. Ft.	$439,516
1263 Ramsey Memorial Rd, Penhook, VA 3 Beds \| 2.5 Baths \| 3936 Sq. Ft.	$1,314,952

Address	Redfin Estimate
2019 Ramsey Memorial Rd, Penhook, VA 3 Beds \| 1.5 Baths \| 1296 Sq. Ft.	$309,202
1000 Bar Ridge Rd, Penhook, VA 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$473,493

Property information provided by MLSRV when last listed in 2020. This data may not match . Learn more.

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