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$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

$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

$2,950,000
5 Beds 6 Baths 929958 MLS
Experience exceptional Smith Mountain Lake living in this stunning new construction waterfront home in The Water's Edge. Offering 5 bedrooms, 5.5 baths and 5,880 finished sq. ft. across three beautifully appointed levels, the home features a private master suite on each floor. The open-concept main level showcases hardwood floors, custom built-ins, multiple fireplaces and a gourmet kitchen with Wolf, Sub-Zero and Cove appliances, quartz countertops, custom maple cabinetry and a 10-foot island. Enjoy a screened porch with fireplace overlooking the lake, lake-level kitchenette, heated tile floors, exceptional storage and an EV-ready two-car garage. Professionally landscaped grounds feature irrigation, lighting, paver patios, firepit and a private dock with boat and PWC lifts. Luxury, craftsmanship and lake living come together beautifully in this exceptional new home.

51 Island View 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

$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

$3,125,000
5 Beds 6 Baths 928284 MLS
Experience timeless English Country in this custom built home with stunning water and mountain views, including the cove, main channel, and Peaks of Otter. Features hand-hewn beams, stacked-stone fireplace, custom cabinetry and floor-to-ceiling windows. Recent updates by Tim Rutrough include renovated primary and half bath with quartz, new cabinetry, lighting, sconces and heated flooring in primary with walk-in curbless shower. New oak hardwood flooring added to primary bedroom with custom closets and shelving. LED downlights and updated switches throughout the home. Kitchen offers newer 2021 appliances-KitchenAid dishwasher along with farm and prep sinks, plus Quartzite counters, Sub-Zero refrigerator and Thermador 5-burner gas range. Relax outdoors on the open patio or unwind quietly on the screened porch overlooking the water. New remote-controlled gas logs in living, primary, and lower level guest bedroom. Lower level includes custom wet bar, family/game room with stone fireplace, and large flex space ideal for workshop, studio or future sleeping/media room. Mechanical updates: main level HVAC with gas backup (2020) and upper level 14 SEER HVAC (2021). Exterior features include another patio, new dock addition and sandy beach. Active Water's Edge Country Club membership conveys, allowing buyers to join within 30 days for reduced $35000 initiation fee. Amenities include golf, tennis/pickleball, Jr Olympic and kiddie pool, snack shack, equestrian facility, exercise and dining.

315 Upland Shores 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

$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