Penhook Real Estate

Penhook Real Estate

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Penhook and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

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Newest Listings in Penhook

$1,195,000
4 Beds 4 Baths 931173 MLS
Experience the best of lake and golf course living in this beautiful custom-built 4 bedroom, 3.5 bath home by Willard Construction, ideally situated on a flat corner lot in a cul-de-sac highly sought-after Waters Edge community. This exceptional property includes a deeded, assigned boat slip which is within walking distance of the Marina Bay marina, clubhouse, and community amenities. Enjoy breathtaking tee-to-green views overlooking #2 fairway, with horses peacefully roaming in the distance, all from the comfort of the expansive screened back porch. Inside, you'll find quality craftsmanship throughout, including a stunning coffered ceiling in the great room, extensive crown molding, custom built-in cabinet, beautiful hardwood flooring, updated interior and exterior outdoor lighting, invisible fencing, surround sound and fresh interior and exterior paint. The main level features a spacious primary suite, along with two guest bedrooms. Upstairs offers a versatile office space, an additional bedroom, and a full bath, storage and providing plenty of room for family and guests. Residents enjoy access to an impressive array of amenities in The Waters Edge Owned by McConnell Golf Group including Private golf, fitness center, swimming pool, restaurant, tennis courts, pickleball courts, equestrian center and a vibrant calendar of social activities for all ages. An active club membership is available for $35,000, payable by the purchaser within 30 days of closing. (Sellers will remove the chandelier in dining area and master bedroom and the sconces and mirror in the half bath. They will provide a lighting & mirror allowance for replacements).

18 Flagstick Ct, Penhook

$650,000
2 Beds 2 Baths 930851 MLS
Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment. The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space. Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing. Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find. Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.

255 Plantation Dr, Penhook

$719,900
3 Beds 3 Baths 930688 MLS
Turn-Key Lake Living at Waters Edge Experience effortless country club living in this beautifully furnished, turn-key Nantucket-style home in the highly sought-after Waters Edge community. Designed for easy living and entertaining, the home features abundant natural light, vaulted ceilings, and warm hardwood floors throughout the main level. The inviting entry level offers a spacious living room with a gas fireplace, dining area, and well-appointed kitchen featuring rich cherry cabinetry. The main-level primary suite provides a comfortable retreat, while a dedicated office, laundry room, and convenient powder room complete the floor plan. Step outside to the covered back porch and take in peaceful views of the 12th fairway and the scenic Blue Ridge Mountains overlooking Smith Mountain. Upstairs, guests will enjoy two additional bedrooms, a full bath, and a generous entertainment area--ideal for family gatherings, game nights, or relaxing with friends. Additional highlights include an attached two-car garage and a deeded boat slip (#20), making it easy to enjoy all that Smith Mountain Lake has to offer. The Waters Edge POA provides a maintenance-free lifestyle, and the home is protected by a home warranty covering appliances, heat pumps, and the water heater. Buyers are eligible to join The Waters Edge Country Club within 30 days of closing, with access to an exceptional array of amenities including golf, tennis, pickleball, fine dining, and a pool. Come enjoy the best of lake, golf, and country club living--all in one beautifully appointed home.

145 Golfers Crossing Dr, Penhook

$3,450,000
9 Beds 8 Baths 930533 MLS
LAKEFRONT ESTATE ~Stunning Mountain views & MAXIMUM RENTAL INCOME 9 beds/8 baths~ Slated for completion in May 2027, this extraordinary new construction is designed to bring together everything that makes Smith Mountain Lake special: beautiful mountain views, wrap around waterfront with a large covered dock, heated salt water pool, incredible outdoor living, plenty of space for family and friends, and the opportunity to generate substantial short-term rental income. With approximately 4,400 square feet of uniquely designed living spaces, there is room here for everyone to spread out and settle in, while also finding personal retreat. The home also features an expansive lower level overlooking the pool and lake with additional living space, creating even more flexibility for guests, entertaining, or simply enjoying extra room. A separate guest house with a covered walkway and courtyard in between adds another level of privacy and versatility, making this property especially well-suited for large families, multi-generational gatherings, or those looking for a vacation home that can comfortably accommodate a crowd. Outside is where this property really comes to life. Expansive covered porches are designed to take full advantage of the lake and mountain setting, while a heated salt water in-ground pool with a dedicated lounge area and hot tub creates the kind of outdoor space that makes you want to stay all day. And, of course, the property will include a private dock that is already built and approved by AEP, giving you easy access to the water and all that Smith Mountain Lake has to offer. Picture slow mornings overlooking the mountains, afternoons on the lake, and evenings gathered around the pool or hot tub as the sun goes down. This is lake living at its best. Located in the heart of Smith Mountain Lake, the property offers both the lifestyle people come here for and the potential to make it a truly impressive investment. The home is eligible for short-term rental use, and the opportunity here is significant. A similar plan built by the same team just two years ago has already demonstrated strong rental performance, providing a real-world foundation for the projected approximately $400,000 in gross annual rental income. THIS HOME TRULY checks all the boxes. The buzz around this property is well deserved. New construction, breathtaking mountain views, waterfront living, a private dock, pool, hot tub, guest house, nine bedrooms, and significant rental potential--opportunities like this at Smith Mountain Lake don't come along often. Completion is anticipated for May 2027, giving you the opportunity to FULLY CUSTOMIZE! Additionally, for the next 30 DAYS, buyers have the opportunity to add a garage! All information to be independently verified by buyer and buyer's agent. Photos included show a recently built model home that closely resembles the subject home, but please note upgrades are included!

250 Mountain Vista Dr, Penhook

$1,399,900
3 Beds 5 Baths 930384 MLS
This home has it all! Enjoy a fabulous, gently sloped lot with stunning, wide-water views in an incredible neighborhood of high-end homes. As you approach, you will appreciate the solar panels, a paved driveway, and a double carport leading into a double-car garage. The owners report an impressively low average electric bill of under $20 per month! Upon entering, you will be stunned by the open-concept great room, featuring sparkling hardwood floors, a stone gas-log fireplace, and a wall of windows that showcase spectacular views of Smith Mountain Lake. The great room flows seamlessly into the dining area and a generous gourmet kitchen, which offers abundant cabinetry for the cook in your family. An adjoining den leads out to a newly renovated deck area, perfect for entertaining. The main level features a spacious primary suite complete with generous closet space, a Jacuzzi-style tub, a walk-in shower, and a double-bowl vanity. Also located on the main level is a convenient laundry area with direct access to the double-car garage, as well as a half bath off the great room. The lower level offers two additional primary suites, each with a private full bath, and a recreation room that walks out onto the patio overlooking the lake. Additional features on this level include a workshop and utility area. The home is serviced by two 400-amp electrical panels and is pre-wired to accommodate a generator connection. Please see the attached documents for a comprehensive list of additional features. Note: 2 adjoining waterfront parcels to left can not be built on. Dock strips for 2 off water lots behind this parcel.

121 Penhook Pt, Penhook

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