For sale

$895,000

Est. $4,938/mo —

Land

•

0.62

acre (lot)

Lot 432 Bridleridge Rd, Penhook, VA 24137

About this home

Bring your vision to life on this exceptional waterfront homesite in The Water's Edge, one of Smith Mountain Lake's premier golf and lake communities. The mostly cleared, level lot has approximately 299 feet of shoreline and plenty of room to enjoy the lake. Beautiful water views provide the perfect backdrop for your future home and outdoor living spaces. Located within The Water's Edge, a McConnell Golf community, owners have access to an impressive array of amenities, including championship golf, clubhouse dining, fitness facilities, swimming pool, tennis, and an equestrian center. An active club membership may be obtained within 30 days of closing. A rare opportunity to create your own private lake retreat in a truly exceptional setting.

Vacant landProperty Type

0.62 acresLot Size

$1,443,548Price/Acres

Listed by JANE SULLIVAN HORNE • BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Listing updated: Aug 18, 2026 at 12:42pm

Redfin checked: 2 minutes ago

•Source:MLSRV #930392

Payment calculator

$4,938 per month

Principal and interest$4,644

Property taxes

$138

HOA dues

Home insurance

$157

Utilities

Add

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 11AM TO 1PM
$499,000
2 beds2 baths1,040 sq ft
845 Gangplank Rd #205, Moneta, VA 24121
OPEN SAT, 11AM TO 1PM
$699,000
4 beds3 baths2,872 sq ft
42 Peaks View Dr, Moneta, VA 24121
OPEN SAT, 11AM TO 2PM
$1,200,000
3 beds3 baths3,248 sq ft
274 Woodbrook Rd, Moneta, VA 24121
OPEN SAT, 1PM TO 4PM
$3,950,000
5 beds8 baths8,218 sq ft
750 Penn Hall Rd, Union Hall, VA 24176
OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$289,000
3 beds1.5 baths2,112 sq ft
2013 Webster Rd, Glade Hill, VA 24092
OPEN SAT, 1PM TO 3PM
$1,275,000
3 beds3 baths3,145 sq ft
273 Hammock Pointe Dr, Moneta, VA 24121
OPEN SAT, 2PM TO 4PM
$455,000
2 beds2 baths982 sq ft
1273 Graves Harbor Trl #334, Huddleston, VA 24104
OPEN SAT, 2PM TO 4PM
$145,000
1 bed1 bath600 sq ft
1245 Graves Harbor Trl #2104, Huddleston, VA 24104
OPEN SUN, 12PM TO 2PM
$372,700
1 bed1 bath675 sq ft
120 Sailors Cove Dr Unit 1308, Moneta, VA 24121
OPEN SUN, 1PM TO 3PM
$859,950
3 beds3.5 baths3,256 sq ft
6990 Horseshoe Bend Rd, Goodview, VA 24095

Around this home

Schools

K - 12
Preschool & daycare

Glade Hill Elementary School

Public PreK-5 • Assigned • 7.3mi

7/10

Benjamin Franklin Middle School

Public 6-8 • Assigned • 14.7mi

7/10

Franklin County High School

Public 9-12 • Assigned • 14.3mi

4/10

Provided by GreatSchools

About The Waters

Edge

The Waters Edge, located between Smith Mountain Lake and the wooded slopes of the Blue Ridge foothills, is a lakeside and residential Penhook neighborhood with private docks and winding, tree-lined lanes. The neighborhood’s character concentrates around the community marina and boat ramp, where pontoon traffic, tackle talk, and sunset tie-ups set the daily rhythm. Architecture leans toward contemporary lake houses and cabin-inspired retreats with broad decks facing the water. Shoreline coves shape a quiet, outdoors-forward lifestyle built around paddling, fishing, and evening cruises. Nearby anchors such as The Landing Restaurant, Mango’s Bar & Grill, and Hickory Hill Vineyards keep the local scene rooted in lake-day rituals.

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Exterior features
Just over half an acre parcel (0.62 acres)
Located at the back of a cul-de-sac

Home design
Land parcel

Construction
Vacant land — no structures listed

Utilities
Electric service: below-ground

Sale and tax history for Lot 432 Bridleridge Rd

Sale History
Tax History

Date

Event

Price

MLSRV #930392

Aug 14, 2026

Listed

$895,000

MLSRV #908885

Jul 1, 2024

Pending

—

Jun 29, 2024

Listing Removed

—

Jun 28, 2024

Listed

$600,000

MLSRV #879486

Jul 1, 2021

Sold

$420,000

May 4, 2021

Listed

$435,000

Great Building Lot. Cleared Level Lot With Gradual Down Slope - Perfect For Walkout Lower Level And/or One Or Two Level Home. 301 feet of shoreline (from CRS data) - this allows the largest dock allowed by AEP. Great views of lake. Located in the Water's Edge Country Club Community which is part of the McConnel Golf Family of Golf Communities. Active club membership may be obtained within 30 days of closing. Amenities here include: Restaurant, Fitness facility, pool, tennis, equestrian center and Golf. Paradise.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Franklin County

APN

0511004500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 14, 2026.

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.9 hrs

6.1 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for Lot 432 Bridleridge Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $255,000 and $1,036,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $255K to $1.0M.

SOLD JUN 5, 2026
$925,000 Last sold price
4 beds3.5 baths2,759 sq ft
225 Lands End Cir, Union Hall, VA 24176
smaller lot
basement
SOLD AUG 3, 2026
$765,000 Last sold price
Land— sq ft
Lot 6 Mountain Vista Dr, Penhook, VA 24137
SOLD AUG 13, 2026
$1,036,000 Last sold price
Land— sq ft
Lot 41 Compass Cove Cir, Moneta, VA 24121
larger lot
SOLD FEB 26, 2026
$650,000 Last sold price
Land— sq ft
Lot 21 Shoreline Cir, Penhook, VA 24137
smaller lot
SOLD JUL 1, 2026
$600,000 Last sold price
Land— sq ft
136 Belle Isle Rd, Union Hall, VA 24176
larger lot
SOLD JUL 21, 2026
$255,000 Last sold price
2 beds1 bath1,184 sq ft
384 Novelty Rd, Union Hall, VA 24176
larger lot
basement

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Early Access listings

EARLY ACCESSCOMPASS COMING SOON

$815,000

5 beds4 baths4,287 sq ft

154 David Rd, Mineral, VA 23117

EARLY ACCESSREDFIN COMING SOON

$394,000

3 beds2.5 baths2,384 sq ft

7477 Lexington Dr, Mechanicsville, VA 23111

Nearby similar homes

$45,000

Land— sq ft

Lot 1A Snow Creek Rd, Penhook, VA 24137

$60,000

Land— sq ft

Lot 4 Red Barn Ln, Wirtz, VA 24184

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Land— sq ft

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Land— sq ft

Lot 15 Fish Hook Trl, Pittsville, VA 24139

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Land— sq ft

Lot 19 Saunders Point Rd, Huddleston, VA 24104

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Land— sq ft

Lot 53 Ridgeway Ct, Moneta, VA 24121

New listings for sale in 24137

NEW 29 HRS AGO

$225,000

4 beds1 bath1,753 sq ft

8357 Snow Creek Rd, Penhook, VA 24137

FOR SALE BY OWNER

$498,500

3 beds2 baths1,110 sq ft

2301 Smith Mountain Rd, Penhook, VA 24137

$719,900

3 beds2.5 baths2,542 sq ft

145 Golfers Crossing Dr, Penhook, VA 24137

$216,000

3 beds2 baths920 sq ft

36 Nutmeg Ln, Penhook, VA 24137

$1,399,900

3 beds4 baths3,024 sq ft

121 Penhook Pt, Penhook, VA 24137

Details provided by MLSRV and may not match the public record. Learn more.

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