Smith Mountain Lake Real Estate Search

Smith Mountain Lake Just Listed Properties for Sale

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Newest Smith Mountain Lake Just Listed Properties for Sale

$3,300,000
6 Beds 6 Baths 920278 MLS
Welcome to 2650 Water's Edge Drive - A Waterfront Luxury Retreat This stunning 6-bedroom, 6-bath lakefront home offers 6,654 finished square feet of elegant living with an open floor plan designed for comfort and entertaining. Thoughtfully crafted with high-end finishes, this residence combines timeless craftsmanship with modern convenience. Enjoy the rare luxury of three spacious master suites—one on each level—perfect for multi-generational living or hosting guests. All bathrooms are beautifully tiled with heated floors, chrome fixtures, and bathtubs in four of the suites. The gourmet kitchen is a chef's dream, featuring custom cherry cabinetry, Wolf, Cove, and Subzero appliances, a 9-foot island, beverage refrigerator, and ice maker. Premium quartz countertops extend throughout the home, while the lower level offers a full kitchenette with refrigerator, dishwasher, and microwaveideal for guests or lakeside entertaining. Additional highlights include: Elevator to all floors for easy access Two gas fireplaces with built-in shelving (cherry on the main, painted on the lower level) Hardwood flooring on the main and upper levels, luxury vinyl on the lower level Exercise room, office, and abundant storage including conditioned and unconditioned spaces Oversized 2-car garage, EV charger ready Step outside to enjoy multiple decks, a slate front porch, a large paver patio with firepit, and a walkway leading to your private dock with boat and PWC lifts. The home is fully landscaped with irrigation and lighting, and gas grill hookups are available on both the patio and main deck. Built with energy efficiency in mind, the property boasts 2x6 construction, spray foam insulation, Andersen windows, dual tankless water heaters, insulated floors and walls, and 30-year shingles. This exquisite home at Water's Edge offers the perfect balance of luxury, functionality, and lakefront living.

2650 Waters Edge Dr, Penhook

$699,999
924092 MLS
Rare build-ready waterfront opportunity! Create your dream home on this exceptional .64± acre homesite with approximately 110 feet of dockable shoreline in one of Smith Mountain Lake's most desirable locations, just beyond Smith Mountain Lake State Park. Enjoy breathtaking wide-water views on three sides, a new stationary dock, and a gentle building site perfect for your custom retreat. A valid 4-bedroom septic permit, recent survey, large storage shed, and professionally designed home plans all convey, or bring your own vision. Minutes from Mariners Landing, Parkway Marina, golf, dining, and recreation. No HOA and short-term rentals are permitted, making this an outstanding investment, vacation getaway, or legacy waterfront estate for generations to enjoy! Start building your dream today! "One of the Last Build-Ready Waterfront Opportunities..." Opportunities like this are becoming increasingly rare at Smith Mountain Lake. Truly a rare opportunity to secure a truly exceptional waterfront homesite at Smith Mountain Lake--where privacy, panoramic views, and lifestyle converge. Ideally positioned just minutes from Mariners Landing Resort Community, golf, dining, and premier lake amenities, this property offers a refined canvas for your custom lakefront estate. More to Love This build-ready homesite showcases expansive, panoramic lake views from three sides--an increasingly rare offering at Smith Mountain Lake. All the groundwork has been thoughtfully completed, including a recent survey, clearly staked homesite, valid 4-bedroom septic permit, and professionally designed custom home plans (featured in photos). On-site improvements include a brand-new stationary dock and a large storage shed--allowing you to move forward with confidence and ease. With no HOA restrictions and short-term rentals permitted, this property offers exceptional flexibility--ideal for a full-time residence, private weekend retreat, or income-producing luxury investment. Hard to find almost level waterfront properties like this on the lake! And short boat ride to the famous "Rabbit Island" on Smith Mountain Lake Va. Bonus Opportunity The neighboring 0.57± acre homesite is also available for $658,500. Acquire both parcels to enjoy nearly 300 feet of premier waterfront--a rare opportunity to create a private, multi-generational compound in one of the East Coast's most sought-after lake destinations. The Lifestyle - Smith Mountain Lake Often called the "Jewel of the Blue Ridge," Smith Mountain Lake spans over 500 miles of shoreline with pristine waters, championship striper fishing, and year-round boating (the lake never freezes). Enjoy quick access to Smith Mountain Lake State Park, scenic trails, and a 50-mile bike path. Beyond the lake, the Roanoke Valley and Virginia's Blue Ridge offer over 1,000 miles of trails for hiking, biking, climbing, and paddling. Explore iconic destinations such as the Appalachian Trail and the Triple Crown of Virginia--Dragon's Tooth, McAfee Knob, and Tinker Cliffs--along with the scenic Blue Ridge Parkway and vast George Washington and Jefferson National Forests.

Lot 3 Sigh N Pine, Huddleston

$1,700,000
4 Beds 5 Baths 927825 MLS
EXCEPTIONAL SMITH MOUNTAIN LAKE LUXURY RETREAT on a rare PRIVATE POINT LOT with approximately 505' of shoreline, breathtaking panoramic water views and 30' WATER DEPTH at the dock! Extensively transformed since 2022 with approximately $500,000 invested in renovations and improvements, this all-brick waterfront home delivers the privacy, deep water and resort-style amenities that define extraordinary lake living. The spectacular 3-SLIP COVERED DOCK is a destination of its own, featuring remote-controlled boat lifts, new Trex decking, expansive lounging areas and a lakeside cabana--all positioned over some of the deepest water you'll find at Smith Mountain Lake. Inside, the thoughtfully designed open floor plan offers TWO ENTRY-LEVEL PRIMARY SUITES, allowing exceptional one-level living while providing plenty of space for family and guests. Beautifully updated interiors feature a completely remodeled kitchen with high-end appliances, refinished hardwood floors, updated baths, designer lighting, fresh paint and remote-controlled blackout blinds in the primary suites. The lower level creates an entire second living area with 2 additional guest bedrooms, full bath, spacious family room, SECOND KITCHEN and laundry--ideal for extended family, multi-generational living, large gatherings or guests who appreciate their own private space. Outdoor living is just as impressive. Enjoy the screened porch, expansive lakeside deck, covered patio, brick firepit gathering areas and beautifully landscaped grounds--all designed to take advantage of the property's extraordinary water frontage and panoramic views. Additional premium features include a Generac whole-house generator, dual-zoned HVAC, Nest thermostat, whole-house water filtration, security system and cameras, abundant storage, additional garage space ideal for a golf cart or lawn equipment, storage shed, new gutters and extensive exterior improvements. The approximately 1-acre point lot offers a combination that is increasingly difficult to duplicate at Smith Mountain Lake: PRIVACY, 505' OF SHORELINE, DEEP WATER, PANORAMIC VIEWS and exceptional usable outdoor space. Never used as a rental by the current owners, the property is located in an area where short-term rentals are permitted, creating additional possibilities for those seeking a luxury vacation retreat or investment property. APPROXIMATELY $500,000 INVESTED SINCE 2022 MAIN LEVEL • Completely remodeled kitchen • New high-end appliances • Hardwood floors refinished • Remodeled primary, guest & half baths • New carpet, lighting & fresh interior paint • Remote-controlled blackout blinds in primary suites • Custom heat-resistant fireplace mantle LOWER LEVEL • Complete redesign & renovation • New flooring & updated plumbing • New lighting & fresh paint • New washer & dryer EXTERIOR & WATERFRONT • Expansive lakeside deck • New screened porch • Covered patio • Brick firepit gathering area • Professional landscaping & decorative rock retaining wall • New gutters & updated exterior lighting • New dock lifts & remote-controlled boat lifts • New Trex dock decking • New dock roof overhang • Lakeside cabana enhancements PREMIUM FEATURES • Generac whole-house generator • Whole-house water filtration • Nest thermostat • Security alarm & camera systems • Additional garage/storage space Not all waterfront properties--and not all renovations--are created equal!! Here, approximately $500,000 in improvements since 2022 are paired with something money alone cannot recreate: a rare private point lot with approximately 505' of shoreline, panoramic views, approximately 30' of water at the dock and an exceptional 3-slip waterfront setup. Add two main-level primary suites, two complete living areas, extensive outdoor entertaining spaces and a location convenient to Smith Mountain Lake's restaurants, marinas, golf and amenities and th

2245 Thomason Ln, Goodview

$899,000
927565 MLS
An increasingly rare opportunity to own a true estate-sized waterfront parcel on Smith Mountain Lake. Lot 29 in the exclusive Penn Shores Communityoffers an exceptional 8.044 acres and approx 220 feet of pristine waterfront, creating the perfect setting for a luxury custom retreat, family compound, or legacy estate. Community Roads scheduled to be paved oct 2026. Large-acreage waterfront properties of this scale are becoming nearly impossible to find at Smith Mountain Lake. This remarkable homesite combines privacy, natural beauty, and expansive building potential within one of the lake's most desirable communities. The gently rolling topography provides an ideal canvas for a custom home designed to maximize lake views, outdoor entertaining, and seamless indoor-outdoor living. resort-style amenities, and recreational space, the possibilities are truly extraordinary. Thoughtful community standards help protect long-term value while preserving the upscale character and natural surroundings that define Shores at Penn Hall. Private road access further enhances the secluded, estate-like feel of the property. Conveniently located near marinas, golf, dining, and all the lifestyle amenities Smith Mountain Lake has to offer, Lot 29 delivers the rare combination of acreage, waterfront, and exclusivity that discerning buyers have been waiting for. Opportunities like this are finite -- and among the final chances to secure a premier large-acreage waterfront homesite on Smith Mountain Lake.

Lot 29 Hidden Treasures, Union Hall

$997,000
4 Beds 5 Baths 924590 MLS
Discover the charm and elegance of this beautiful Nantucket-style Spindrift model, ideally situated in the sought-after Golfers Crossing area of The Waters Edge Country Club community. From the home and its two spacious, covered porches--one on each level--enjoy breathtaking views of the 18th fairway, country club, and surrounding Blue Ridge Mountains. The inviting interior features a cozy fireplace with gas logs, beautiful hardwood floors, and granite countertops, creating a warm and sophisticated setting for both everyday living and entertaining. One of the home's most unique features--and something not typically found in other models--is the exceptionally large unfinished area beneath the garage. This versatile space offers endless possibilities and could easily be transformed into a workshop, exercise or fitness room, children's play area, hobby space, or craft studio. The property also includes deeded boat slip #15 and PWC lifts #3 and #4, providing convenient access to Smith Mountain Lake and making this an ideal home for those who enjoy both golf and lake living. Membership at The Waters Edge Country Club is available within 30 days of closing and offers an impressive array of amenities, including golf, pickleball, tennis, fine dining, social events and activities, and an equestrian center. This exceptional property offers the perfect blend of golf, lake, mountain views, country club amenities, and comfortable resort-style living--all in one beautiful setting.

75 Milestone Ln, Penhook

$1,750,000
5 Beds 5 Baths 920813 MLS
Experience exceptional privacy and natural beauty in this impressive 5,100 sq ft residence set on 35.5 wooded acres with over 833 feet of pristine shoreline. A scenic half-mile driveway winds through mature forest, creating a peaceful and secluded arrival. Designed as more than just a home, this property offers a true lifestyle opportunity--ideal as a private retreat, family compound, or legacy estate on Smith Mountain Lake. The main level features a grand foyer that opens to formal living and dining spaces, along with a spacious open concept kitchen complete with pantry, breakfast nook, and great room. Additional highlights include a private study, laundry room, luxurious primary suite, and a screened porch perfect for enjoying lake breezes morning and evening. Easy water and land access. Bedrooms & Baths ' 5 bedrooms total ' 3 full baths and 2 half baths ' Expansive lower level with family room, sitting area, exercise room, sewing room, and ample storage Garage & Utility Features ' 4-car garage ' Two water heaters ' Three heat pumps ' Wired for generator backup ' Advanced water treatment system update 2026 Outdoor Living & Land Use ' Oversized Trex decks overlooking the back acreage and lake views ' Brick driveway adds charm and durability ' Enrolled in the Land Use Program for tax deferral ' Click on the link for more details: https://www.bedfordcountyva.gov/residents/pay-taxes/real-estate-tax/land-use-assessment-program Look at Documents for more details Exceptional Estate Opportunity at Smith Mountain Lake Discover the perfect balance of seclusion and convenience with this rare offering. Nestled in a serene setting yet only minutes from shopping, dining, and amenities, this property invites you to create something truly extraordinary. Whether your vision is a private luxury estate, an exclusive family compound, or a sophisticated retreat, this property is your blank canvas to bring it to life. 3 fireplaces. Electric one in the entry level family room (Great Room) can be changed out with the wood burning stove. One in in the upper garage one in the lower level family room, and one in the lower garage.

2854 Hickory Cove Ln, Moneta

$649,900
927814 MLS
Discover an extraordinary opportunity to build your custom lakefront estate in The Sanctuary at Smith Mountain Lake. Private and serene, this exceptional estate lot in the Sanctuary Bay section is ideally positioned near the end of a quiet cul-de-sac and spans over one acre. Featuring breathtaking protected views, deep-water frontage with room for an expansive dock, and unparalleled privacy near the base of iconic Smith Mountain. Located in Pittsylvania County, the property features a pre-approved building site, pre-approved three bedroom private septic system, and community water, providing a seamless foundation for your future lakefront retreat. Set amongst stunning multi-million-dollar homes in one of Smith Mountain Lake's most exclusive communities, this expansive homesite is perfectly suited for creating a luxury retreat with sweeping indoor-outdoor living spaces designed to capture the breathtaking lake and mountain vistas. Tucked within a deep-water cove, enjoy calm waters, scenic beauty, and the ultimate lake lifestyle year-round. Short-term rentals are allowed, offering exceptional flexibility for personal enjoyment or investment potential. Located on the desirable Penhook side of the lake, this property is convenient to marinas, waterfront dining, and all that Smith Mountain Lake has to offer while still maintaining a peaceful and private setting. Conveniently located less than two hours from Raleigh, Durham, and Cary, NC, and under four hours from Northern Virginia, this property offers an effortless escape from city life while remaining easily accessible for weekend getaways or full-time luxury living. For those seeking elevated amenities, the property is just two miles from The Water's Edge Country Club, where a limited number of non-resident memberships may be available. As part of the renowned McConnell Golf network, members enjoy access to 16 premier golf and country club properties throughout the region.

Lot 4 Sweetwater Bay, Penhook

$3,499,000
5 Beds 6 Baths 925505 MLS
Stunning Smith Mountain Lake waterfront estate designed by renowned lake architect Antonio Veloso and constructed in 2022 as a luxury home builder's personal residence. A showcase of elegance and craftsmanship, this remarkable property is nestled on nearly an acre on the exclusive Three Pointe Isle peninsula and offers sweeping lake views from multiple vantage points. From the front of the home, enjoy spectacular sunset views across Smith Mountain Lake toward Smith Mountain. Behind the home, the property opens to a calm, protected cove with main-lake views and almost no boat traffic--creating an extraordinary setting that combines dramatic scenery with peaceful waterfront living. Offering over 5,500 square feet of luxury construction, the residence was built with exceptional quality and attention to detail. Constructed with 2x6 exterior walls, spray foam insulation, and premium Pella Lifestyle doors and windows designed to maximize both energy efficiency and the incredible water views. The home features four spacious en-suites on a three-bedroom septic, including a main-level primary suite with private deck access, stunning lake views, and a spa-inspired bath. The secondary bedrooms are equally impressive, both featuring vaulted ceilings, with one offering its own private balcony overlooking the beautiful main-lake views. A large bonus room with a walk-in closet is currently styled as an oversized fifth bedroom or playroom, providing flexible space for guests or recreation. The finished walkout basement is designed for entertaining and extended guest stays. Featuring a kitchenette, second laundry room, private en-suite bedroom, powder room with a convenient changing area for lake days, and two additional flex rooms that can serve as guest rooms, hobby spaces, offices, or fitness rooms. Technology and convenience are seamlessly integrated throughout the home with a high-tech whole-house audio and visual system with interior and exterior speakers, a security system with exterior cameras, elegant exterior uplighting, and a programmable irrigation system. Brand New 4 ft. decorative aluminum fence on three sides. The waterfront amenities are equally impressive. The enormous dock is designed as a true lakefront entertainment hub and includes two boat lifts, two jet ski docks, expansive party space, a giant floater, kayak launch, and paddleboard racks--perfect for enjoying the Smith Mountain Lake lifestyle to its fullest. Located in the peaceful Penhook area of Smith Mountain Lake, the home is just three miles from The Water's Edge Country Club, where non-resident memberships are available for golf, dining, tennis, and social activities. Furnishings by Bassett may be purchased separately, offering the opportunity for a nearly turnkey luxury lakefront retreat. Main Photo from 2025.

176 Three Point Isle Dr, Penhook

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