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$99,900
912547 MLS
Rare find with water views from every direction on this level, water access lot at Smith Mountain Lake. Located in the beautiful community of The Water's Edge Golf Course and Country club with an active membership.

LOT 29 Waters Edge, Penhook
$35,000
912608 MLS
Approximately 3/4 acre flat lot in The Waters Edge Country Club Community. Great location with just a short walk to club, restaurant, golf, pool, tennis and equestrian center. Active club membership.

383 Mountain Shore Dr, Penhook
$699,000
912548 MLS
This beautiful waterfront lot on Smith Mountain Lake has it all! Almost 2 acres, view of Smith Mountain, adjoining 4 acres of open space, two locations for drainfields that will accommodate a seven bedroom house, part open and part wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership.

474 Southwood 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
$59,900
912715 MLS
Beautiful partially wooded golf course lot with views of the 16th green and fairway. Also views of mountains including Smith Mountain. Convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant).

Lot 96 Sand Wedge, Penhook
$95,000
925885 MLS
The Waters Edge - Enjoy building your beautiful home on the homesite over looking #14 fairway with seasonal views of the water. Septic and water hook up fees are the responsibility of the Purchasers.

113 Cross Harbour Dr, Penhook
$199,900
927471 MLS
Wooded waterfront lot on Smith Mountain Lake. Located in the beautiful and prestigious community of The Water's Edge Golf Course and Country Club. Build your dream home in this quiet cove and enjoy all the amenities of the neighborhood. AEP approved dock permit attached under documents. Active club membership.

LOT 454 East Pointe, Penhook
$32,500
923133 MLS
Wonderful private culdesac lot in walking distance to Club House, golf, pool, tennis court and equestrian center. You'll find mature trees just waiting to have your house laid out. Come enjoy paradise at Waters Edge, a premier golfing community on the beautiful Smith Mountain Lake. This lot also has an active membership! Water access fees and septic are responsibility of purchaser.

232 Lake Front Cir, 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
$59,000
916924 MLS
This beautiful corner lot in The Waters Edge offers a tempting opportunity, boasting not only generous size (.77 acres) but also seasonal views of both the golf course and the water. Its proximity to the community Clubhouse is another perk, suggesting easy access to amenities. See agent for details. Water hook-up fees and drain field installation is the responsibility of the Purchasers.

155 Cross Harbour Dr, Penhook