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$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

$975,000
930469 MLS
Discover the opportunity to build your dream lake home in Sanctuary Pointe, one of Smith Mountain Lake's most prestigious waterfront communities. Lot 13 offers a rare combination of beautiful lake views and stunning vistas of iconic Smith Mountain, creating an exceptional backdrop for your future home. Located at the base of Smith Mountain, The Sanctuary is renowned for its spectacular scenery, pristine waterfront, and desirable setting on Smith Mountain Lake. Enjoy direct lake access and the tranquility of a premier waterfront community while being conveniently located to area amenities, dining, golf, and recreation. With its exceptional location and breathtaking surroundings, Lot 13 is the perfect place to create a private lake retreat or your forever home. Opportunities to own premier waterfront property in a setting this special are increasingly rare--bring your vision and make Smith Mountain Lake your home.

Lot 13 Sanctuary Pointe, Penhook

$3,999,000
5 Beds 8 Baths 930308 MLS
May 2027 Delivery! Deep-water dock in place! Another Mountain View show-stopping estate by Sole Source Solution, Luxury Homes! Experience nearly 6900 sq. ft. of luxury waterfront living in this extraordinary new-construction estate at Sanctuary Pointe, thoughtfully positioned to capture breathtaking Smith Mountain, main-lake, and protected cove views. Large Deep-water dock with boat lift and jet ski lift complete! Designed for generations of family and friends, this exceptional legacy estate combines sophisticated design, superior construction, and effortless lake living. The main-level primary suite is a private retreat with stunning mountain views and sliders opening directly to the expansive deck. A huge vaulted great room showcases dramatic lake and mountain vistas through expansive glass, creating an impressive centerpiece for entertaining. This gorgeous estate features 4 spacious ensuite bedrooms plus an oversized bunk suite/rec room, providing exceptional accommodations for family and guests. An elevator serving all three levels, plus laundry facilities on every floor, add exceptional convenience for everyday living and extended family stays. The walkout lower level continues the spectacular views and offers easy access to the shoreline--just steps from the private dock already under construction. A 2-car garage provides additional space for vehicles, storage, and lake gear. Quality construction includes 2x6 exterior walls, energy-efficient spray foam insulation, and Superior Walls basement system, complemented by programmable irrigation, architectural uplighting, and beautiful designer finishes. Located approximately 2 miles from The Water's Edge Country Club, a McConnell Golf community, with an optional nonresident membership opportunity. Home package beginning at $3,999,000. A remarkable combination of luxury, craftsmanship, convenience, and unforgettable Smith Mountain Lake views--a legacy waterfront home designed to be enjoyed for generations. **Renderings created with AI- based on actual house plans.

34 Mountain Glen Dr, Penhook

$1,599,000
4 Beds 4 Baths 929820 MLS
Rare opportunity to own this beautiful lakefront home located at the foothills of Smith Mountain, gorgeous lake and mountain views all around, natural sand beach, double slip dock w/floater, fire pit, hot tub, it has it all, plans already approved for an infinity pool overlooking the lake, included is a vacant lot fronting Smith Mountain Road for total acreage of 1.19+/- acres, many possibilities for the vacant lot, you will always feel like you're on vacation at 6015 Smith Mountain Road, Penhook, VA, this property and the surroundings are simply amazing, no homeowner's association, rental income $60K+ per season, decorated as 5 bedrooms, storage building, paved drive, much more to see, make your appointment today!

6015 Smith Mountain Rd, Penhook

$207,500
3 Beds 2 Baths 929203 MLS
Welcome to your own serene piece of paradise at 2864 Yorkshire Drive in Sandy Level, VA! Nestled on two beautiful acres, this property offers stunning mountain views and an exceptional blend of modern comfort and country freedom. The home features 3 bedrooms, 2 full bathrooms, stainless steel appliances, custom built-in TV shelving, and a central air conditioning system paired with a heat pump for year-round comfort. Solid concrete pad that spans underneath the entire structure and extends six inches beyond the perimeter for a remarkably clean, premium look. Outdoors, the property offers a fenced-in raised garden beds, perfect for growing your own vegetables safe from local wildlife. Whether you are looking for a peaceful, turnkey retreat with breathtaking vistas or a multi-family homes Conveniently situated just minutes from the scenic Smith Mountain Lake Dam and Overlook. This fantastic location offers easy accessibility and a quick commute to SML, Rocky Mount, and Danville.

2864 Yorkshire Dr, Sandy Level

$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

$170,000
928791 MLS
Tucked away in the quiet countryside of Gretna, Virginia, located just off Paisley Road, this beautiful tract of land offers the perfect blend of seclusion, natural beauty, and opportunity. A recently cleared road leads deep into the property, providing easy access throughout with culverts already in place. At the front of the property, you'll find a scenic hardwood flat--an ideal homesite that's not only close to electricity but also perfectly positioned to enjoy the privacy of the acreage that stretches out behind it. A picturesque creek meanders along the lower boundary line, fed by several natural springs, enhancing the land's serene charm. For outdoor enthusiasts, this property holds excellent potential for deer and turkey hunting, with neighboring agricultural fields around.

Paisley Rd, Gretna

$2,390,000
9 Beds 6 Baths 928704 MLS
SHORT TERM RENTABLE WATERFRONT LUXURY AT ITS FINEST IN ONE OF SMITH MOUNTAIN LAKE'S MOST COVETED LOCATIONS! Welcome to your future extraordinary waterfront property where sophisticated design and spectacular construction come together in harmony. Set to be completed in October 2026, this exceptional Craftsman-inspired luxury estate is set on a rare, level waterfront lot with pristine water, expansive shoreline views, and an enviable location. With projected rental income exceeding $350,000 ANNUALLY, this is a truly exceptional opportunity to own your premier Smith Mountain lakefront property with both remarkable lifestyle appeal and substantial income potential. From the moment you arrive, the quality and craftsmanship are unmistakable. The timeless Craftsman architecture is complemented by durable cementitious siding and thoughtfully selected exterior finishes designed with curb appeal and top of the line materials in mind. Inside, the impressive 9-bedroom, 6-full-bath residence offers an inviting open-concept design, with an 8-bedroom septic system and community-maintained offsite well. Soaring vaulted ceilings accented by shiplap, walls of natural light, and elevated finishes create an atmosphere that feels simultaneously grand and effortlessly luxurious. At the heart of the home is a spectacular gourmet kitchen designed to bring people together. Custom cabinetry, a statement farmhouse sink, designer vent hood, generous counter space, and an expansive gathering area create the perfect setting for everything from relaxed family breakfasts to unforgettable dinners with a house full of guests. The kitchen flows seamlessly into the main living and dining areas and opens to the covered outdoor dining porch, making entertaining truly at your fingertips. Throughout the home, every space has been thoughtfully curated for your future indulgence. Beautifully tiled showers add a sophisticated touch, while the luxurious primary suite provides a peaceful escape overlooking the lake. Its spa-inspired bathroom features a spacious walk-in shower and tranquil water views, creating the perfect place to unwind after a long day on the lake. Modern smart-home technology adds an additional layer of modern touch, with smart thermostats and integrated technology systems thoughtfully incorporated throughout the property to enhance functionality. The outdoor living spaces allow the escape to continue. Multiple expansive covered porches dramatically extend the living area and feature rich cedar tongue-and-groove ceilings, a stone fireplace, and television -- creating an inviting setting for your morning coffee, watching the sunrise on the lake. The heated saltwater pool, equipped with Omni Smart controls, provides the perfect centerpiece for summer days spent lakeside. Just beyond, a Hot Spring 8-person hot tub invites you to relax while taking in sweeping views of the water. The poolside recreation room elevates entertaining even further, complete with a wet bar and cascading glass doors that seamlessly connect the spaces. And then there is the dock -- a destination all its own. The impressive covered waterfront dock features an upper-level party deck, enclosed bar area, and abundant room for anything your heart desires. THIS IS EVERYTHING YOU NEED, AND MORE! DON'T MISS OUT ON THIS BLESSING! Buyers and Buyer's Agent to independently verify all property information. Rental income is projected and is not guaranteed. Interior and exterior photos 14-56 shown are of the model home upon which this completed residence was based and may not represent the exact finishes, furnishings, landscaping, or features of the subject property.

200 Sweetwater Bay Dr, Penhook

$204,950
2 Beds 1 Baths 928369 MLS
Acreage, Hardwood floors, numerous updates including a new HVAC system (2023), new roof, updated plumbing, new water and septic lines. Discover the perfect blend of country living and convenience with this adorable home nestled on more than 8 acres of usable land. Whether you've dreamed of gardening, raising animals, hunting, or enjoying lots of space, this affordable mini-farm offers endless possibilities. The property includes several outbuildings, including a tractor shed and pole barn, providing ample space for equipment, hobbies, storage, or livestock. Relax and take in your surroundings from the inviting covered front porch. 5 mins to Gretna, 20 mins to Altavista, 35 mins to Lynchburg, Easy Access to US-29. With the costly improvements taken care of, this home is ready for your personal touches and vision. Conveniently located yet offering the space of country living, this property is a rare opportunity to own the mini-farm lifestyle you've always wanted. Property contains 3 parcels.

34941 Us 29, Gretna