LAKEFRONT LUXURY in this stunning, fully remodeled 7-bedroom, 5 bathroom home nestled on the shores of beautiful Penhook. This cove is the IDEAL location for all water activities! Bring the boat for your own private dock. Impeccably maintained and thoughtfully upgraded throughout, this gorgeous property offers a rare blend of style, space, and sophistication with each detail thought of. Whether you are entertaining or relaxing- the two wet bars and wine coolers make this the opportune retreat for hosting in comfort and elegance. Enjoy BREATHTAKING lake views from nearly every room, even with a screen porch to create seamless indoor-outdoor living. Pavers directly to the dock from the house create the ease of access. Outdoor amenities do not end there with a beautiful patio and fire pit! These impeccable renovations are something you MUST SEE. Short term rent-able with transferable listing options! You have SO MANY opportunities with this property! Buyers & Buyer's agent to independently verify all property information and property related information.
LAKEFRONT LUXURY in this stunning, fully remodeled 7-bedroom, 5 bathroom home nestled on the shores of beautiful Penhook. This cove is the IDEAL location for all water activities! Bring the boat for your own private dock. Impeccably maintained and thoughtfully upgraded throughout, this gorgeous property offers a rare blend of style, space, and sophistication with each detail thought of. Whether you are entertaining or relaxing- the two wet bars and wine coolers make this the opportune retreat for hosting in comfort and elegance. Enjoy BREATHTAKING lake views from nearly every room, even with a screen porch to create seamless indoor-outdoor living. Pavers directly to the dock from the house create the ease of access. Outdoor amenities do not end there with a beautiful patio and fire pit! These impeccable renovations are something you MUST SEE. Short term rent-able with transferable listing options! You have SO MANY opportunities with this property! Independently verify all info.
MLSRV #918527
Feb 5, 2026
Sold
$1,525,000
$352/sq ft
Dec 23, 2025
Pending
—
Oct 12, 2025
Price Changed
$1,590,000
$367/sq ft
Aug 22, 2025
Price Changed
$1,690,000
$390/sq ft
Jun 23, 2025
Listed
$1,850,000
$427/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,338 (+10.7%)
$300,000 + $399,600
$699,600
2025
$3,918
$300,000 + $399,600
$699,600
2024
$3,918 (+37.4%)
$300,000 + $399,600
$699,600
2023
$2,851
$200,000 + $259,900
$459,900
2022
$2,851
$200,000 + $259,900
$459,900
2021
$2,851
$200,000 + $259,900
$459,900
2020
$2,851
$200,000 + $259,900
$459,900
2019
$2,851 (+18.7%)
$200,000 + $259,900
$459,900
2018
$2,402 (−10.2%)
$200,000 + $259,900
$459,900
2017
$2,676
2016
$2,675
2014
$2,675
Tax history for 292 Cove Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,338 (+10.7%)
$300,000 + $399,600
$699,600
2025
$3,918
$300,000 + $399,600
$699,600
2024
$3,918 (+37.4%)
$300,000 + $399,600
$699,600
2023
$2,851
$200,000 + $259,900
$459,900
2022
$2,851
$200,000 + $259,900
$459,900
2021
$2,851
$200,000 + $259,900
$459,900
2020
$2,851
$200,000 + $259,900
$459,900
2019
$2,851 (+18.7%)
$200,000 + $259,900
$459,900
2018
$2,402 (−10.2%)
$200,000 + $259,900
$459,900
2017
$2,676
2016
$2,675
2014
$2,675
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
—
Sq. Ft.
3,566
Year built
1989
Style
Single Family Residential
County
Pittsylvania County
APN
1563-22-3187
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
Property details
Interior
Bedroom Information
# of Bedrooms (Total): 7
# of Main Level Bedrooms: 3
Bathroom Information
# of Full Bathrooms: 5
# of Main Level Bathrooms: 3
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 2
Interior Features
Flooring: Tile
Floor Plans Change Timestamp: Monday, June 23, 2025 10:27 PM
Interior Features: Storage
Exterior
Building Information
Building Area (Total): 4,330
Year Built: 1989
Property Information
PropertyType: Residential
Lot Information
Lot Size Area: 0.41
Lot Size Acres: 0.41
Lot Size Square Feet: 17,859.6
Lot Size Dimensions: 0.41
Lot Size Units: Acres
Waterfront: Yes
Water Body Name: Smith Mtn Lake
Financial
Tax Information
Tax Annual Amount: $4,000
Parcel Number: 1563-22-3187
Utilities
Heating & Cooling
Has Heating
Has Cooling
Heating: Heat Pump Electric
Location
Location Information
Directions: 40 E, then take left 645, turn left on 626, turn left on Lakeside Road right on Cove Road to house on the right.
Public facts
Beds: 2
Baths: 2.5
Sq. Ft.: 3,566
Stories: 1.0
Lot Size: 0.41 acres
Style: Single Family Residential
Year Built: 1989
Year Renovated: —
County: Pittsylvania County
APN: 1563-22-3187
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
ListingId: 918527
ListPrice: $1,590,000
Around this home
Schools
Gretna Elementary School
Public PreK-5 • Assigned • 13.6mi
7/10
Gretna Middle School
Public 6-8 • Assigned • 13.4mi
6/10
Gretna High School
Public 9-12 • Assigned • 13.6mi
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, 19 days in 30 years
3/10 Wind Factor
4% 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)
43
27
49
33
66
43
74
52
75
56
86
66
88
72
80
65
78
62
70
51
61
43
48
32
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 4.8 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.47M – $1.78M
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