Penhook, VA homes for sale & real estate

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ABOUT THIS HOME
Penhook, VA Homes for Sale
WATERFRONT LUXURY IN A PREMIER SMITH MOUNTAIN LAKE LOCATION! Experience lakefront living at its finest in this stunning new waterfront home, ideally situated close to Smith Mountain. This property offers the perfect blend of elegance, comfort, and smart technology, set on a flat lot with crystal-clear water and breathtaking panoramic views. Currently set to generate over $350,000 in annual rental income, this home presents a rare investment opportunity as well as a serene private retreat. Designed in timeless craftsman style, the home features 9 spacious bedrooms and 6 full bathrooms, supported by an 8-bedroom septic system and a community-maintained offsite well. The open-concept interior

$2,990,000

9 beds6 baths3,941 sq ft

200 Sweetwater Bay Dr, Penhook, VA 24137

Lakefront living • Waterfront home • Flat lot

ABOUT THIS HOME
Penhook, VA Homes for Sale
A rare blend of luxury, privacy, and lakefront perfection. Nestled on 1.7 secluded acres in The Water's Edge, this extensively renovated 4-bedroom, 4.5-bath modern waterfront home showcases exceptional attention to detail throughout. Enjoy a gentle slope to the water, a quiet cove, and an impressive 260 feet of shoreline—a rare find on Smith Mountain Lake. Inside, soaring vaulted ceilings, premium floor-to-ceiling finishes, and a bright open floor plan create a sophisticated yet welcoming atmosphere. The expansive outdoor living spaces invite relaxation and lakeside entertaining. A new double-lift, boat dock, oversized three-car garage, and the option to purchase fully furnished for a

$1,895,000

4 beds4.5 baths3,514 sq ft

6 Low Country Dr, Penhook, VA 24137

Secluded acres • Lakefront perfection • Quiet cove

ABOUT THIS HOME
Penhook, VA Homes for Sale
Village Green in The Waters Edge-Relax and unwind on your covered patio, which provides an unobstructed view of #17 fairway and green. This is the perfect spot for your morning coffee or hosting an evening gathering watching the beautiful sunsets. Beautiful cherry hardwood floors and tile baths. Masonry gas log fireplace for your enjoyment on a chilly day. An active membership is available for purchasers for $35K within 30 days of closing. Amenities include golf, fitness center, tennis, pickleball, swimming, restaurant and equestrian center.

$379,000

2 beds2 baths1,300 sq ft

127 Village Green Dr, Penhook, VA 24137

Unobstructed view • Tennis • Fitness center

NEW CONSTRUCTION

ABOUT THIS HOME
Penhook, VA Homes for Sale
Summer 2026 Delivery! Lot 25 Lakeport Circle: A Legacy Waterfront Estate by Sole Source Solution, Luxury Homes. Welcome to The Sanctuary, Smith Mountain Lake's most elite new waterfront enclave! A place where architectural excellence meets natural tranquility. Dubbed ''The Lake Tahoe of the East, '' Smith Mountain Lake offers a rare combination of mountain grandeur and lakeside serenity, and this extraordinary estate captures that harmony to perfection. This new-construction legacy residence spans nearly 6,000 square feet of refined contemporary living. Perfectly nestled on a rare, FLAT lot along a wide, peaceful cove, this legacy home commands breathtaking panoramic views of both Smith Mo

$4,999,000

4 beds5 baths5,958 sq ft

25 Lakeport Cir, Penhook, VA 24137

Elegant elevator • Waterfront estate • Flat lot

ABOUT THIS HOME
Penhook, VA Homes for Sale
Town home living at its best. 4 Bedrooms, 3.1 baths. Live on the lake with your boat and slip a short walk away. Nice lake views, located on a very large cove within a very large cove so no worries about boats getting near your family while in the water. Beautiful cherry cabinets in the kitchen. New LVT flooring in lower level and new bar area. IGP offers complete outdoor care which allows you to enjoy the Water's Edge CC with all its amenities (Golf, Dining, swimming, tennis, pickle ball and equestrian center). Imagine, no mowing, etc. Just show up and enjoy.

$1,295,000

4 beds3.5 baths3,748 sq ft

30 Island Green Cir #22, Penhook, VA 24137

Lake views • Cherry cabinets • New lvt flooring

Property at 228 Cove Rd, Penhook, VA 24137, 4 beds, 4 baths

$850,000

4 beds4 baths2,718 sq ft

228 Cove Rd, Penhook, VA 24137

Property at 125 Grande Villa Dr, Penhook, VA 24137, 4 beds, 3.5 baths

$2,250,000

4 beds3.5 baths4,764 sq ft

125 Grande Villa Dr, Penhook, VA 24137

Property at 6605 Smith Mountain Rd #101, Penhook, VA 24137, 2 beds, 2 baths

$399,500

2 beds2 baths984 sq ft

6605 Smith Mountain Rd #101, Penhook, VA 24137

Property at 410 Marina Bay Dr #102, Penhook, VA 24137, 2 beds, 2 baths

$549,000

2 beds2 baths1,242 sq ft

410 Marina Bay Dr #102, Penhook, VA 24137

Property at 4344 Smith Mountain Road Rd, Penhook, VA 24137, 4 beds, 3 baths

$1,595,000

4 beds3 baths3,390 sq ft

4344 Smith Mountain Road Rd, Penhook, VA 24137

Property at 205 Golfers Crossing Dr, Penhook, VA 24137, 3 beds, 2.5 baths

$735,000

3 beds2.5 baths2,336 sq ft

205 Golfers Crossing Dr, Penhook, VA 24137

Property at 164 Tabernacle Rd, Penhook, VA 24137, 3 beds, 2 baths

$174,900

3 beds2 baths1,580 sq ft

164 Tabernacle Rd, Penhook, VA 24137

Property at 292 Cove Rd, Penhook, VA 24137, 7 beds, 5 baths

$1,590,000

7 beds5 baths4,330 sq ft

292 Cove Rd, Penhook, VA 24137

Property at 195 Golfers Crossing Dr, Penhook, VA 24137, 3 beds, 2.5 baths

$750,000

3 beds2.5 baths2,473 sq ft

195 Golfers Crossing Dr, Penhook, VA 24137

Property at 75 Grande Villa Dr, Penhook, VA 24137, 4 beds, 4.5 baths

$2,250,000

4 beds4.5 baths5,064 sq ft

75 Grande Villa Dr, Penhook, VA 24137

Property at 253 Island Green Dr, Penhook, VA 24137, 4 beds, 3.5 baths

$1,595,000

4 beds3.5 baths3,703 sq ft

253 Island Green Dr, Penhook, VA 24137

Property at 2650 Waters Edge Dr, Penhook, VA 24137, 6 beds, 6 baths

$3,650,000

6 beds6 baths6,654 sq ft

2650 Waters Edge Dr, Penhook, VA 24137

Property at TBD Old Fire Tower Ln #0, Penhook, VA 24137

$698,000

— beds— baths— sq ft

TBD Old Fire Tower Ln #0, Penhook, VA 24137

Property at 325 Bull Run Trl, Penhook, VA 24137, 4 beds, 4 baths

$1,899,000

4 beds4 baths5,440 sq ft

325 Bull Run Trl, Penhook, VA 24137

Property at 31 Flagstick Ct, Penhook, VA 24137, 4 beds, 3 baths

$1,159,000

4 beds3 baths2,803 sq ft

31 Flagstick Ct, Penhook, VA 24137

Property at 1179 Danville Tpke, Penhook, VA 24137, 2 beds, 1 bath

$309,900

2 beds1 bath1,332 sq ft

1179 Danville Tpke, Penhook, VA 24137

Property at 971 Waters Edge Dr, Penhook, VA 24137, 3 beds, 2 baths

$354,997

3 beds2 baths1,400 sq ft

971 Waters Edge Dr, Penhook, VA 24137

Property at 00 Old Fire Tower Ln, Penhook, VA 24137

$800,000

— beds— baths— sq ft

00 Old Fire Tower Ln, Penhook, VA 24137

Property at 31 Mountain Glen Dr, Penhook, VA 24137

$1,800,000

— beds— baths— sq ft

31 Mountain Glen Dr, Penhook, VA 24137

Property at Lot 341 Low Country Dr, Penhook, VA 24137

$425,000

— beds— baths— sq ft

Lot 341 Low Country Dr, Penhook, VA 24137

Property at TBD Old Franklin Tpke #4, Penhook, VA 24137

$60,000

— beds— baths— sq ft

TBD Old Franklin Tpke #4, Penhook, VA 24137

(540) 470-7579

Property at Tract B W Gretna Rd, Penhook, VA 24137

$541,450

— beds— baths— sq ft

Tract B W Gretna Rd, Penhook, VA 24137

Property at LOT 126 Lands End Rd, Penhook, VA 24137

$129,900

— beds— baths— sq ft

LOT 126 Lands End Rd, Penhook, VA 24137

Property at LOT 474 Southwood Dr, Penhook, VA 24137

$699,000

— beds— baths— sq ft

LOT 474 Southwood Dr, Penhook, VA 24137

Property at Lot 405 Mountain Shore Dr, Penhook, VA 24137

$35,000

— beds— baths— sq ft

Lot 405 Mountain Shore Dr, Penhook, VA 24137

Property at LOT 29 Waters Edge Dr, Penhook, VA 24137

$99,900

— beds— baths— sq ft

LOT 29 Waters Edge Dr, Penhook, VA 24137

Property at Lot 273 Niblicks Cir, Penhook, VA 24137

$20,000

— beds— baths— sq ft

Lot 273 Niblicks Cir, Penhook, VA 24137

Property at Lot 96 Sand Wedge Cir, Penhook, VA 24137

$59,900

— beds— baths— sq ft

Lot 96 Sand Wedge Cir, Penhook, VA 24137

Property at Lot 155 Cross Harbour Dr, Penhook, VA 24137

$59,000

— beds— baths— sq ft

Lot 155 Cross Harbour Dr, Penhook, VA 24137

Property at Lot 218A Hunterwood Cir, Penhook, VA 24137

$28,000

— beds— baths— sq ft

Lot 218A Hunterwood Cir, Penhook, VA 24137

Property at Lot 22 Jefferson Dock Rd, Penhook, VA 24137

$75,000

— beds— baths— sq ft

Lot 22 Jefferson Dock Rd, Penhook, VA 24137

Property at LOT 377 Morgans Mill Dr, Penhook, VA 24137

$49,900

— beds— baths— sq ft

LOT 377 Morgans Mill Dr, Penhook, VA 24137

Property at LOT 23 Mountain Vista Dr, Penhook, VA 24137

$699,900

— beds— baths— sq ft

LOT 23 Mountain Vista Dr, Penhook, VA 24137

Property at 13A-1 Waters Edge Dr, Penhook, VA 24137

$749,500

— beds— baths— sq ft

13A-1 Waters Edge Dr, Penhook, VA 24137

Property at 0 Morgans Mill Dr, Penhook, VA 24137

$499,900

— beds— baths— sq ft

0 Morgans Mill Dr, Penhook, VA 24137

Property at Lot 12 Birdie Ln, Penhook, VA 24137

$80,000

— beds— baths— sq ft

Lot 12 Birdie Ln, Penhook, VA 24137

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Average home prices near Penhook, VA

Cities

Neighborhoods
Zip Codes

The Waters Edge homes for sale
$1,295,000

Penhook, VA real estate trends

$2.2M

Sale price

+50.2%
since last year

$449

Sale $/sq ft

+10.7%
since last year

Under list price

2.3%

Days on market

Down payment

—

Total homes sold

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