The Grande Villas-Maintenance-Free, Energy-Efficient Luxury on SML. Experience the pinnacle of lakefront living in this exceptional Green Built townhome. Wake up to peaceful sunrises over the water and unwind with panoramic view of the lake and the iconic #7 Signature Hole complete with a gazebo and covered porch. Take in the serene green space to the right of the home, creating a natural buffer that enhances privacy and provides a relaxing outdoor retreat. Special features include 2 x 6 exterior and interior walls, 50-year architectural roof, brick and Hardi Plank siding, and hardwood on upper and lower levels. Designer kitchen is outfitted with top-of-the-line Wolf and Subzero appliances, custom cabinetry, and elegant quartz countertops. Expansive dining room for entertaining family and friends. Two spacious primary ensuites, plus a third bedroom ensuite with heated floors on the lower level. The main floor offers a guest bedroom or office, along with a laundry room that includes an Electrolux washer and dryer. Soaring ceilings and a beautiful masonry fireplace anchor the bright and open main living space. Lower level retreat includes generous recreation/game room with wet bar and masonry fireplace. Enjoy lake views from your covered deck or relax on the lower patio with propane firepit and hottub. A gentle slope leads to your dock with electric hoist, jetski lift, floater, storage and seating area. Optional Club Membership is available for $35K within 30 days of closing, offering access to an incredible range of amenities: Golf, Tennis, Pickleball, Equestrian Center, Pool, Fitness facility, and Dining. Restoration Hardware and custom furnishings, accessories, boat and 2 jetskis available with a separate Bill of Sale.
TownhomeProperty Type
2019Year Built
0.58 acresLot Size
$451Price/Sq.Ft.
$1,233/moHOA Dues
8 spacesParking
Listed by VICKI MILLEHAN• BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Bought with VICKI MILLEHAN• BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Est. $4,413 per month, based on comparable rentals
Sale and tax history for 125 Grande Villa Dr
Sale History
Tax History
Date
Event
Price
MLSRV #920602
Aug 28, 2026
Sold
$2,150,000
$451/sq ft
Jul 20, 2026
Pending
—
Mar 4, 2026
Relisted
—
Mar 2, 2026
Listing Removed
—
Oct 2, 2025
Price Changed
$2,250,000
$472/sq ft
Sep 2, 2025
Listed
$2,280,000
$479/sq ft
MLSRV #862739
Jul 10, 2020
Sold
$1,235,000
$259/sq ft
Aug 30, 2019
Listed
$1,250,000
$262/sq ft
+65
Modern Luxury Lifestyles can be easily managed and enjoyed at Grande Villas in The Water's Edge. Spacious lakefront duplex featuring superior quality just completed Aug 2019. Gated community. Gourmet kitchen with custom cabinets, quartz counters, Wolf & Sub-Zero appliances. Beautiful Living Room w Tall Ceilings, Amazing Cast Stone Mantel (7-8K) Large Main Level Master w luxurious bath inc Jacuzzi tub. Main Level Laundry w Electrolux W/ D. Masonry FP's. Covered Porch w Gazebo. Main Level Guest Room/Office. Media Room. Two EnSuite Guest Rooms in Lower Level. Spacious Lower Level Family Room w Stone FP and Custom Cabinetry. Wetbar. Room for Wine Cellar/Add Storage. New 1800 Seer HVAC units. 2x6 interiorand exterior walls. R-27 insulation walls/ R-38 in ceilings. Two Propane Tankless H2O Heaters. Heated Bathroom Floors. Whole Home Central Vac. Structured Cabling for Video, Audio, and Broadband. Cabling Ready Media Rm. Boat Dock w Lift and Option for jet ski lift. Maintenance Free Exterior- Landscaping & Home. One Year Warranty on Interior Workmanship. $10K Closest Allowance. Active Club Membership. $30K initiation waived provided buyers join within 30 days of closing. Seller will pay the regular quarterly POA dues of $2250 per quarter for one year with a signed contract by May 31, 2020. See virtual tour for interactive floorplans/photos. Call your agent for more details. (Furnishings/Accessories Available for purchase thru Staging Company)
MLSRV #731378
May 24, 2019
Sold
$600,000
$126/sq ft
May 1, 2008
Listed
$699,500
$147/sq ft
+28
Major price reductions on remaining developer properties! Luxury Waterfront Villas, exude style and grace in a maintenance free community. Exterior construction complete, buyer to finish interior according to your personal style! Estimate to finish $201,167. Covered Dock is complete and in place. $30k Initiation fee to The Water's Edge waived, join within 30 days of closing. Details of cost estimate to finish available in documents.
Year
Property tax
Land + Additions
Assessment*
2025
$6,403 (−9.0%)
$228,000 + $1,408,100
$1,636,100
2024
$7,035 (+15.9%)
$228,000 + $1,408,100
$1,636,100
2023
$6,071
$225,000 + $770,200
$995,200
2022
$6,071
$225,000 + $770,200
$995,200
2021
$6,071
$225,000 + $770,200
$995,200
2020
$6,071 (−14.6%)
$225,000 + $770,200
$995,200
2019
$7,110
$404,000 + $761,500
$1,165,500
2018
$7,110 (+10.9%)
$404,000 + $761,500
$1,165,500
2017
$6,410
$404,000 + $761,500
$1,165,500
2016
$6,410 (−27.5%)
$404,000 + $761,500
$1,165,500
2014
$8,837
$504,000 + $1,102,800
$1,606,800
Public record
Beds
4
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
2018
Sq. Ft.
4,464
Year built
2009
Style
Condo/Co-op
County
Franklin County
APN
051/15/008/00////
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Property details
Parking
Garage and Parking Information
# of Covered Spaces: 2
# of Open Parking Spaces: 6
Interior
Bedroom Information
# of Bedrooms (Total): 5
# of Main Level Bedrooms: 2
Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 1
# of Main Level Bathrooms: 1
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 2
Interior Features
# of Rooms (Total): 15
Appliances: Microwave Oven (Built In), Wall Oven
Door Features: Full View
Flooring: Carpet, Tile, Wood
Floor Plans Change Timestamp: Tuesday, September 2, 2025 4:30 PM
Interior Features: Whirlpool Bath
Exterior
Building Information
Building Area (Total): 4,764
Year Built: 2019
Exterior Features
Patio And Porch Features: Front Porch, Rear Porch
Property Information
PropertyType: Residential
Lot Information
Lot Size Area: 0.58
Lot Size Acres: 0.58
Lot Size Square Feet: 25,264.8
Lot Size Units: Acres
Waterfront: Yes
Water Body Name: Smith Mtn Lake
Waterfront Features: Cove, No Wake Area
Financial
Tax Information
Tax Annual Amount: $7,035.23
Parcel Number: 0511500800
Utilities
Heating & Cooling
Has Heating
Has Cooling
Cooling: Heat Pump Electric
Heating: Heat Pump Electric
Location
HOA Information
Has Home Owners Association
Association Fee: $1,233
Association Fee Frequency: Monthly
School Information
Elementary School: Glade Hill
Middle Or Junior School: Ben Franklin Middle
High School: Franklin County
Location Information
Directions: 40E t.l 645 t/l 626 t/l 610 t/r Grande Villas to home on left
Community Information
Community Features: Private Golf, Restaurant
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 4,464
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2009
Year Renovated: 2018
County: Franklin County
APN: 051/15/008/00////
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
ListingId: 920602
ListPrice: $2,250,000
Around this home
Schools
Glade Hill Elementary School
Public PreK-5 • Assigned • 7.5mi
7/10
Benjamin Franklin Middle School
Public 6-8 • Assigned • 14.6mi
7/10
Franklin County High School
Public 9-12 • Assigned • 14.3mi
4/10
Provided by GreatSchools
Climate risks
3/10 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
2/10 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
83
66
78
62
70
51
61
43
48
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.49M – $1.80M
Sell confidently with a local market expert in Penhook.