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$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
$1,399,000
4 Beds ⋅ 5 Baths ⋅ 929901 MLS
Welcome to 140 Island Green Cir, a stunning townhouse nestled in the serene community of Penhook, VA. This charming home was built in 1995 and boasts a classic design that exudes both elegance and comfort. With 4 bathrooms and 1 half bathroom, this property offers ample space and convenience for its residents. Spanning across 1,866 square feet of finished area, this townhouse provides a spacious layout that is perfect for both entertaining and everyday living. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a cohesive and inviting atmosphere throughout the home. Situated on a generous lot size of 12,066 square feet, the property offers plenty of outdoor space for enjoying the beautiful Virginia weather. Whether you're relaxing on the patio, gardening in the yard, or simply taking in the peaceful surroundings, this home provides the ideal setting for outdoor living. The interior features of the home are equally impressive, with tasteful finishes and modern amenities that elevate the overall appeal of the property. From the sleek hardwood floors to the gourmet kitchen with granite countertops and stainless steel appliances, every detail has been carefully considered to create a luxurious living experience. The bedrooms are spacious and bright, offering a peaceful retreat at the end of the day. The bathrooms are well-appointed with stylish fixtures and finishes, providing a spa-like experience in the comfort of your own home. Additionally, the property has a convenient half bathroom for guests. Located in the desirable community of Penhook, VA, this townhouse offers a tranquil escape from the hustle and bustle of city life. Surrounded by lush greenery and scenic views, residents can enjoy a peaceful and relaxing environment while still being close to all the amenities and attractions that the area has to offer. Overall, 140 Island Green Cir is a beautiful townhouse that combines classic charm with modern convenience, creating a truly special place to call home. Don't miss your chance to own this exceptional property in Penhook, VA.

140 Island Green Cir, Penhook
$650,000
3 Beds ⋅ 3 Baths ⋅ 929245 MLS
Best views at Smith Mountain Lake from this 5th Floor Penthouse w/ elevator access, provides a front row seat for the fireworks and spectacular wide water & mountain views from sunrise to sunset. Gated community offers sandy beaches, heated pool, club house, tennis/pickleball, gazebo by the water, fenced in dog area, and secure trailer storage. Enjoy maintenance free living with your water, sewer, cable, trash pickup, on-site manager, with firewood cut and stacked at your door all included. Covered boat slip can be transferred to the new owner.

6605 Smith Mountain Rd Unit 229, Penhook
$1,495,000
4 Beds ⋅ 3 Baths ⋅ 929049 MLS
Experience the best of Smith Mountain Lake from this exceptional waterfront retreat! Perfectly positioned on a point with a cul-de-sac, this beautifully maintained two-story home offers expansive wide-water views, breathtaking sunsets, and outstanding water frontage. Designed for both everyday living and entertaining, the home features 4 spacious bedrooms, 3 full baths, and a finished walkout basement providing ample space for family and guests. Relax on the covered porch while taking in panoramic lake views, or head down the gentle-sloping lot to the impressive dock complete with party deck and boat slip, making it easy to enjoy all that the lake has to offer. A detached two-car garage provides plenty of storage for vehicles and lake toys. This is a great vacation getaway.

337 Emerald Pt, Penhook
$2,395,000
4 Beds ⋅ 4 Baths ⋅ 926888 MLS
Step into this immaculate home and immediately unwind as you take in the expansive wide-water views framed by the beauty of Smith Mountain. The main level primary suite offers comfort and convenience, complemented by updated bath and kitchen renovations completed in 2014. The new outdoor living spaces elevate the experience even further, featuring an elevated bird's-eye view of the mountain with desirable eastern exposure-perfect for peaceful morning sunrises, gentle approach to the spacious dock with a party deck, ideal for lakeside gatherings. A firepit area provides the perfect setting to enjoy late-day relaxation by the water. An active club membership is available for purchase by the Purchasers for $35000 within 30 days of closing. Club amenities include, golf, tennis/pickleball, equestrian, jr olympic and kiddie pool, dining, and exercise facility.

25 Findlay Cir, Penhook
$1,595,000
4 Beds ⋅ 4 Baths ⋅ 926504 MLS
FULLY UPDATED WATERFRONT TOWNHOME -- ISLAND GREEN AT THE WATER'S EDGE COUNTRY CLUB Enjoy exceptional lakefront living in this beautifully updated waterfront townhome, completely renovated in 2021 and ideally located in the desirable Island Green neighborhood of The Water's Edge Country Club. Featuring an open floor plan, beautiful surroundings, and a peaceful cove setting, this home offers the perfect combination of comfort, privacy, and recreational enjoyment. The large, quiet cove provides an ideal setting for swimming, kayaking, paddleboarding, and enjoying the lake with family and friends--without the concerns of heavy boat traffic. The location is also especially appealing for families with children and grandchildren. Golf enthusiasts will appreciate the proximity to the #7 signature hole, while the nearby boat dock is just a short walk away. Currently decorated and furnished as a four-bedroom home, the spacious upper-level loft provides additional flexibility and is currently being used as an office. The lower level offers two bedrooms, a comfortable family room, a bar area, and a steam/shower room--perfect for relaxing after a day on the lake or golf course. Two fireplaces add warmth and character throughout the home. The upper-level propane fireplace creates a cozy gathering space, while the lower-level fireplace features a built-in propane starter for enjoying traditional wood fires. Outdoor living is a highlight, with multiple spaces designed to take full advantage of the beautiful lake setting. The large enclosed upper porch features sliding glass doors and screens, allowing for year-round enjoyment. An additional open upper porch and a spacious lower deck with ceiling fans provide plenty of room for entertaining, relaxing, and enjoying summer evenings by the water. Additional features include generous walk-in closets, a convenient pantry, and abundant living and storage space. With its exceptional location, versatile floor plan, extensive updates, and peaceful waterfront setting, this is a special opportunity to enjoy the best of lake, golf, and country club living. A MUST-SEE PROPERTY!

253 Island Green Dr, Penhook
$650,000
2 Beds ⋅ 3 Baths ⋅ 926725 MLS
Located in the sought-after Island Green section of The Water's Edge, this 2 bedroom, 2..1 bath townhome is all about the view. A dramatic glass wall showcases unobstructed views of Smith Mountain Lake and the Island Green #7 and #8 golf hole - truly the standout feature of this home. Inside, you'll find high ceilings, hardwood floors, a gas log fireplace, and a granite kitchen, all in a fresh, move-in ready space. The spacious primary suite includes a large ensuite bath with a walk in closet, large soaking tub, and a dedicated get-ready area. A separate laundry/mudroom adds convenience, while the sunroom with skylights and deck are perfectly positioned to take in the scenery. A flexible office space can serve as a small bedroom or additional storage. The home has great storage- ample closets, pantry space, attic storage, and built-ins in the garage. Enjoy easy, walkable access to community amenities and low-maintenance living with the HOA. Optional McConnell Golf membership offers access to golf, tennis, pickleball, dining, and stables.

30 Island Green Dr Unit UNIT 4, Penhook
$989,000
4 Beds ⋅ 4 Baths ⋅ 917613 MLS
Price Improvement! Deeded boat slip available for purchase! New Construction overlooking the Third Fairway of The Water's Edge Country Club at Smith Mountain Lake. This brand-new, approximately 2,800 sq ft residence captures sweeping fairway views and offers effortless main-level living enhanced by sophisticated design and next-generation technology. Built by Sole Source Solution, Luxury Homes, with interior selections by Brass Key Design Society, the home showcases exceptional craftsmanship, curated finishes, and meticulous attention to detail. The main level features three spacious bedrooms and a dedicated office, anchored by a serene primary suite with golf course views and a spa-inspired bath with deep soaking tub! Two additional bedrooms share a beautifully designed full bath, while the upper level offers a versatile fourth bedroom or bonus suite with oversized closets and a private half bath, ideal for guests or flexible living. Modern innovation elevates every corner of the home. The chef's kitchen features a high-efficiency induction cooktop with a built-in air fryer, while motion-sensor exterior lighting, a full irrigation system, and a custom motorized pergola add luxury, convenience, and year-round enjoyment outdoors. Vaulted ceilings and expansive Pella windows fill the living spaces with natural light, flowing seamlessly from the kitchen and dining area into the great room and onto the large covered porch. Oversized sliding doors lead to the extended concrete patio, complete with a gas line for a future fire pit or outdoor kitchen, all overlooking the fairway beneath the adjustable shade of the motorized pergola. Constructed with 2x6 exterior walls, spray-foam insulation, and advanced energy-efficient features, this home blends solid construction with high performance and modern comfort. Move-in ready and positioned in a premier golf course setting, it offers an unmatched lifestyle with optional club membership providing access to the clubhouse restaurant, resort-style pool, tennis and pickleball courts, equestrian center, year-round social events, summer camps, and the exclusive McConnell Golf Network of 16 premier clubs across NC, TN, and VA. This exceptional home embodies refined style, modern innovation, and luxury living at The Water's Edge.

31 Flagstick Ct, Penhook
$2,099,900
4 Beds ⋅ 5 Baths ⋅ 926044 MLS
Experience Luxury Lifestyle at the Grande Villas! Spacious lakefront townhouse offers superior quality & complete with a private elevator for easy access to both levels. Great room with cathedral ceiling, built-in bookshelves, & masonry brick fireplace. The gourmet kitchen is a chef's dream w/custom hand glazed cabinets, quartz counters,Wolf & Sub-Zero appliances. A formal dining room provides ample seating for gatherings. Large main level primary bedroom w/luxurious bath w/lighted MakeUp Mirror/Vanity. Masonry FP's. Large covered porch w/beautiful lake views. Main level guest room/office & guest full bath. Two ensuite guest bedrooms & Media room/bedroom on lower level. Spacious lower level family room w/stone FP & wet bar. 2 car garage & covered dock w/cabana, boat slip, & jet ski lift. There are many extras in this townhome such as heated bathroom floors, 2 x 6 interior & exterior walls, R27 insulation walls, R38 in the ceiling, Two propane tankless water heaters, Whole home central vac, main level laundry w/Electrolux W/D and 1800 Seer HVAC units. Kitchen has granite countertops and window seat. Wet bar in the family room has lots of cabinets, wine cooler and microwave. There is a media room on the lower decorated as a bedroom. Plantation shutters and ceiling fans throughout. One of the owners is a Retired Decorator. Sellers are members of the Clubhouse and buyers can join for $35,000. initiation fee within 30 days after closing. It is a very easy walk to the boathouse. Beautiful front courtyard. Paved driveway. Some furniture for sale.

75 Grande Villa Dr, Penhook
$1,225,000
4 Beds ⋅ 4 Baths ⋅ 918287 MLS
Townhome Living at Its Best -- Lakefront, Golf & Resort-Style Amenities Enjoy the best of lakefront living in this beautifully maintained four-bedroom, 3.1-bath townhome in the desirable Island Green neighborhood of The Water's Edge Country Club. With beautiful lake views, a peaceful setting, and a boat dock and slip just a short walk away, this home offers an exceptional opportunity to enjoy the lake, golf, and country club lifestyle. The home is ideally situated on a large, quiet cove within an expansive cove, creating a wonderful setting for swimming, kayaking, paddleboarding, and spending time on the water with family and friends. The protected location provides added peace of mind when children and grandchildren are enjoying the lake, while still offering easy access for boating. Inside, the open and inviting floor plan provides plenty of room for family and guests. The kitchen features beautiful cherry cabinetry, while the lower level has been enhanced with new LVT flooring and an updated bar area, creating a comfortable space for entertaining or relaxing after a day on the lake or golf course. The flexible floor plan is currently a four-bedroom home. The spacious upper-level loft provides additional versatility and could easily serve as an office, craft room, reading area, or children's play space. The lower level includes two bedrooms, a comfortable family room, and the inviting bar area. Multiple outdoor living spaces take full advantage of the beautiful lake setting. The large enclosed upper porch, complete with sliding glass doors and screens, provides a comfortable space to enjoy the outdoors in a variety of seasons. An additional open upper porch and spacious lower deck with ceiling fans offer plenty of room for entertaining, relaxing, and enjoying peaceful evenings overlooking the water. Golf enthusiasts will appreciate the home's convenient location near the #7 signature hole, while the nearby boat dock makes getting out on the lake quick and easy. Perhaps best of all, Island Green Property (IGP) takes care of the exterior maintenance, including the mowing and outdoor upkeep, allowing you to spend less time working around the house and more time enjoying everything The Water's Edge has to offer. Imagine simply arriving, relaxing, and enjoying the lifestyle--with golf, dining, swimming, tennis, pickleball, the equestrian center, and the lake all at your fingertips. This is more than a townhome--it is an opportunity to embrace a carefree lake and country club lifestyle in a beautiful, peaceful setting. Simply bring your boat, family, and friends and start enjoying all that Smith Mountain Lake and The Water's Edge have to offer.

30 Island Green Cir Unit 22, Penhook