SOLD DEC 1, 2025

Off Market Dec 2025 for $2.7M

$3,270,427

Est. refi paymentEst. refi $17,273/mo

•

7,653

sq ft

54 Bay View Cir, Penhook, VA 24137

About this home

Exquisite Craftsman Home with spectacular mountain vistas and luxury amenities. Step inside and be captivated by the warmth and character of hand-sawn pine beam ceilings and hand-scraped Oak and Heart of Pine flooring that extend throughout the residence. Every corner reveals meticulous craftsmanship. The kitchen is a culinary masterpiece, featuring a Wolf Commercial Grade propane range with an electric oven, beam ceilings, and a striking slate and metal backsplash. Entertain with ease in the climate-controlled wine cellar, boasting a remarkable 1500-bottle capacity and an inviting tasting room. Lower level includes a second kitchen for your entertaining needs and you can indulge in the ultimate relaxation with your private sauna and exercise room. A 2-slip dock awaits, complemented by a beautiful sandy beach-perfect for swimming, sunbathing, and enjoying the tranquil surroundings. This property boasts practical upgrades for peace of mind, including two Rinnai propane hot water tanks, a reliable generator and HVAC systems for upper and main floors upgraded in 2018. A 1000-gallon buried propane tank ensures ample supply. An optional club membership offering an array of amenities such as golf, pickleball, tennis, swimming, equestrian activities, exercise facilities, and dining. Please note: a club initiation fee of $35000.00 is due within 30 days of closing and will be paid by the purchasers.

Single-familyProperty Type

2008Year Built

0.44 acresLot Size

$427Est. Price/Sq.Ft.

6 spacesParking

Listed by VICKI MILLEHAN • BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Bought with MARGARET CRAYE • EXP REALTY LLC - SML

Redfin checked: a minute ago

•Source:MLSRV #919098

Redfin Estimate

$3,270,427

$545K since sold in December 2025$33K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.9% higher than the average sale price ($2.66M) of 6 comparable homes.

SOLD JUN 16, 2026
$1,950,000
A
5 beds5.5 baths10,074 sq ft
803 Compass Cove Cir, Moneta, VA 24121
SOLD FEB 28, 2026
$1,800,000
B
4 beds4 baths5,440 sq ft
325 Bull Run Trl, Penhook, VA 24137
SOLD JUN 26, 2026
$4,999,000
C
5 beds6 baths6,158 sq ft
118 Lakeport Cir, Penhook, VA 24137
SOLD JUN 10, 2026
$3,300,000
D
4 beds6 baths5,435 sq ft
65 Birdie Ln, Penhook, VA 24137
SOLD MAY 8, 2026
$2,262,500
E
4 beds5.5 baths5,370 sq ft
104 Arbor Ln, Huddleston, VA 24104
SOLD JUL 31, 2026
$1,650,000
F
4 beds3.5 baths4,860 sq ft
60 Southern Ky, Moneta, VA 24121

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,484/mo

Redfin rental estimate

List your home for rent

Market trends in 24137, VA

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.0%

1.0% MoM

Median sale price

$870K

$120K MoM

Avg. days on market

155d

16 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 13 HRS AGO
$650,000
2 beds2 baths2,884 sq ft
255 Plantation Dr, Penhook, VA 24137
$1,249,500
6 beds5 baths5,431 sq ft
76 Lake Front Cir, Penhook, VA 24137
$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
See all

Provided by Redfin

Sale history for 54 Bay View Cir

Date

Event

Price

MLSRV #919098

Dec 1, 2025

Sold

$2,725,000

$356/sq ft

Oct 29, 2025

Pending

—

Oct 8, 2025

Price Changed

$2,975,000

$389/sq ft

Jul 11, 2025

Listed

$3,200,000

$418/sq ft

MLSRV #809976

Oct 28, 2015

Sold

$1,600,000

$209/sq ft

Nov 26, 2014

Listed

$1,900,000

$248/sq ft

+39

Amazing Craftman Design Home with Incredible Mtn. Views, Beach & Extraordinary Architectural Details. Hand sown Pine Bean Ceilings. Hand scraped Oak & Heart Pine Floor. Exotic stones, tiles, marble throughout. Climate Controlled Wine Cellar (1500 bottle cap) & Tasting Room. Gourmet kitchen with Commercial Grade Wolf Oven (3 burners), Beam Ceiling, slate and metal back splash. Private Guest Qtrs/Apartment Over Garage. Large Bedrooms include Main Level Owners Retreat with His and Hers walk in closets, private sleeping porch with stone fire place. Exercise Room. Large Dock with Covered Sitting Area. See interactive floor plans in Virtual Tour. Energy Star Certified.

Public Records

Nov 1, 2010

Sold

$695,000

$91/sq ft

MLSRV #713047

May 14, 2007

Sold

$695,000

$91/sq ft

Feb 7, 2007

Listed

$695,000

$91/sq ft

MLSRV #511783

Jan 10, 2007

Listing Removed

—

Dec 7, 2005

Listed

$695,000

$91/sq ft

MLSRV #502316

Oct 11, 2005

Sold

$550,000

$72/sq ft

Mar 8, 2005

Listed

$599,500

$78/sq ft

MLSRV #309771

Aug 6, 2004

Sold

$385,000

$50/sq ft

Nov 18, 2003

Listed

$389,900

$51/sq ft

MLSRV #51872

Jul 30, 2001

Sold

$205,000

$27/sq ft

May 3, 2000

Listed

$214,900

$28/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$12,107

$447,500 + $2,368,000

$2,815,500

2024

$12,107 (+29.1%)

$447,500 + $2,368,000

$2,815,500

2023

$9,376

$411,300 + $1,125,800

$1,537,100

2022

$9,376

$411,300 + $1,125,800

$1,537,100

2021

$9,376

$411,300 + $1,125,800

$1,537,100

2020

$9,376 (+7.3%)

$411,300 + $1,125,800

$1,537,100

2019

$8,739

$411,300 + $1,021,400

$1,432,700

2018

$8,739 (+10.9%)

$411,300 + $1,021,400

$1,432,700

2017

$7,880

$411,300 + $1,021,400

$1,432,700

2016

$7,879 (−0.7%)

$411,300 + $1,021,400

$1,432,700

2014

$7,937

$530,000 + $913,200

$1,443,200

Tax history for 54 Bay View Cir

Year

Property tax

Land + Additions

Assessment*

2025

$12,107

$447,500 + $2,368,000

$2,815,500

2024

$12,107 (+29.1%)

$447,500 + $2,368,000

$2,815,500

2023

$9,376

$411,300 + $1,125,800

$1,537,100

2022

$9,376

$411,300 + $1,125,800

$1,537,100

2021

$9,376

$411,300 + $1,125,800

$1,537,100

2020

$9,376 (+7.3%)

$411,300 + $1,125,800

$1,537,100

2019

$8,739

$411,300 + $1,021,400

$1,432,700

2018

$8,739 (+10.9%)

$411,300 + $1,021,400

$1,432,700

2017

$7,880

$411,300 + $1,021,400

$1,432,700

2016

$7,879 (−0.7%)

$411,300 + $1,021,400

$1,432,700

2014

$7,937

$530,000 + $913,200

$1,443,200

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

Public record

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

0.44 Acres

Year renovated

2015

Sq. Ft.

6,950

Year built

2008

Style

Single Family Residential

County

Franklin County

APN

051/09/124/00////

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: 3
# of Open Parking Spaces: 3

Interior

Bedroom Information
# of Bedrooms (Total): 5
# of Main Level Bedrooms: 1

Bathroom Information
# of Full Bathrooms: 6
# of Main Level Bathrooms: 2

Fireplace Information
Has Fireplace
# of Fireplaces (Total): 3

Interior Features
# of Rooms (Total): 18
Appliances: Microwave Oven (Built In)
Door Features: Full View, Metal
Window Features: Clad, Tilt-In
Flooring: Carpet, Tile, Wood
Floor Plans Change Timestamp: Friday, July 11, 2025 4:13 PM
Interior Features: Whirlpool Bath, Sauna, Storage, Wet Bar

Exterior

Building Information
Building Area (Total): 7,653
Year Built: 2008

Exterior Features
Patio And Porch Features: Rear Porch

Property Information
PropertyType: Residential

Lot Information
Lot Size Area: 0.44
Lot Size Acres: 0.44
Lot Size Square Feet: 19,166.4
Lot Size Units: Acres
Waterfront: Yes
Water Body Name: Smith Mtn Lake
Waterfront Features: Main Channel

Financial

Tax Information
Tax Annual Amount: $12,106.65
Parcel Number: 051 09 124 00

Utilities

Heating & Cooling
Has Heating
Has Cooling
Cooling: Heat Pump Electric
Heating: Heat Pump Electric

Location

HOA Information
Has Home Owners Association
Association Fee: $200
Association Fee Frequency: Annually

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 Morgans Mill to end t/r Bay View Circle Home at the end of the culdesac

Community Information
Community Features: Beach Access, Private Golf

Public facts

Beds: 3
Baths: 5.0
Sq. Ft.: 6,950
Stories: 1.5
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 2008
Year Renovated: 2015
County: Franklin County
APN: 051/09/124/00////

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
ListingId: 919098
ListPrice: $2,975,000

Around this home

Schools

Glade Hill Elementary School

Public PreK-5 • Assigned • 8.2mi

7/10

Benjamin Franklin Middle School

Public 6-8 • Assigned • 15.4mi

7/10

Franklin County High School

Public 9-12 • Assigned • 15.1mi

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)

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

$3.11M – $3.76M

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

Nearby similar homes

$1,650,000

3 beds3.5 baths3,772 sq ft

202 Lake Pine Dr, Moneta, VA 24121

NEW CONSTRUCTION

$1,299,900

4 beds3 baths4,970 sq ft

40 Crown Point Way, Wirtz, VA 24184

$785,000

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1052 Coves End Rd, Huddleston, VA 24104

$1,499,900

3 beds3.5 baths4,088 sq ft

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3D WALKTHROUGH

$629,500

3 beds2 baths1,560 sq ft

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4 beds3.5 baths4,182 sq ft

207 Winding Way, Union Hall, VA 24176

New listings for sale in 24137

NEW 13 HRS AGO

$650,000

2 beds2 baths2,884 sq ft

255 Plantation Dr, Penhook, VA 24137

$1,249,500

6 beds5 baths5,431 sq ft

76 Lake Front Cir, Penhook, VA 24137

$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

Home values near 54 Bay View Cir

Data from public records.

Address	Redfin Estimate
40 Bay View Circle, Penhook, VA 4 Beds \| 3 Baths \| 4190 Sq. Ft.	$1,996,050
307 East Pointe Drive, Penhook, VA 4 Beds \| 4.5 Baths \| 6751 Sq. Ft.	$4,029,676

Address	Redfin Estimate
59 Bay View Circle, Penhook, VA 5 Beds \| 6 Baths \| 7394 Sq. Ft.	$3,572,080
305 East Pointe Drive, Penhook, VA 5 Beds \| 5 Baths \| 7872 Sq. Ft.	$3,206,559

Address	Redfin Estimate
205 Mountain Shore Drive, Penhook, VA 4 Beds \| 4.5 Baths \| 3396 Sq. Ft.	$1,934,729
555 Morgans Mill Drive, Penhook, VA 3 Beds \| 6 Baths \| 5236 Sq. Ft.	$1,831,378

Property information provided by MLSRV when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 24137, VA

Sale history for 54 Bay View Cir

Tax history for 54 Bay View Cir

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 24137

Home values near 54 Bay View Cir

More real estate resources