$2,495,000
Penhook, VA 24137
MLS# 928704
9 beds | 6 baths | 3941 sqft
1 / 55
Property Description
WATERFRONT LUXURY IN ONE OF SMITH MOUNTAIN LAKE'S MOST SOUGHT-AFTER LOCATIONS - SHORT-TERM RENTABLE! Experience the pinnacle of lakefront living in this exceptional newly constructed waterfront retreat, perfectly located on a flat lot with crystal-clear water, expansive shoreline views, and outstanding rental potential. Projected to generate over $350,000 annually in rental income, this property offers a rare opportunity to own both a high-performing investment and an unforgettable private retreat. Designed with timeless Craftsman architecture, this stunning home features 9 spacious bedrooms and 6 full bathrooms, supported by an 8-bedroom septic system and a community-maintained offsite well.
Details
Contract Information
Current Price: $2,495,000
List Price: $2,495,000
List Date: 2026-06-22
Status: Active
General Property Description
Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Under Construction
Year Built: 2025
Total Bdrm: 9
Total Bths: 6
Total F Baths: 6
Entry Above Grd Fin SQFT: 1408
Upper Above Grd Fin SQFT: 522
Lower Below Grd Fin SQFT: 2011
Total Fnshd SqFt: 3941
Total Above Grd Fin SQFT: 1930
Grand Total Attached SQFT: 3941
Basement Y/N: Yes
Prim. Covered Prking: N/A
Add'l Covered Prkng: Not Applicable
Lot Dimensions: 1.14
Total Acreage: 1.14
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 150
Location Legal Taxes
Area: 1690 - SML Pittsylvania County
Street Number: 200
Street Name: Sweetwater Bay
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: Sanctuary Village
Municipality: Pittsylvania County
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks
Primary Bedrooms
Primary BR Entry Lvl: 1
Bedrooms
BR Entry Level: 2
BR Upper Level: 2
BR Lower Level: 5
Full Baths
Full Baths Entry Lvl: 2
Full Baths Upper Lvl: 1
Full Baths Lower Lvl: 3
Laundry
Laundry Entry Level: 1
Property Features
Style of House: 1.5 Story; Contemporary
Limited Service: Not Limited Service
Lot Description: Level; Secluded
Construction: Other - See Remarks
Basement: Partial; Walk-Out Access
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Floors: Tile - i.e. ceramic
Water Description: Private Well
Sewer Description: Private Septic
Supplements
Premium exterior finishes include durable cementitious siding, ensuring lasting beauty and low-maintenance ownership for years to come. Inside, the thoughtfully designed open-concept floor plan showcases soaring vaulted shiplap ceilings, abundant natural light, and luxury finishes throughout. The gourmet kitchen is the heart of the home, featuring custom cabinetry, a farmhouse sink, designer vent hood, and generous gathering space that flows seamlessly to the covered outdoor dining porch--perfect for entertaining family and guests. Every detail has been carefully curated, from beautifully tiled showers throughout the home to the luxurious primary suite, where a spa-inspired bath offers a walk-in shower and tranquil lake views. Expansive covered porches create additional living space, complete with cedar tongue-and-groove ceilings, a stone fireplace, and television, allowing you to enjoy the lake in every season. Outdoor amenities are equally impressive. Relax by the heated saltwater pool with Omni Smart controls, unwind in the Hot Springs 8-person hot tub overlooking the water, or entertain effortlessly in the poolside recreation room and wet bar, accessed through stunning cascading glass doors that blur the line between indoor and outdoor living. For boating enthusiasts, the large covered dock is designed for making memories, featuring an upper-level party deck, enclosed bar area, and ample space for lounging, entertaining, and enjoying breathtaking sunsets over the lake. Modern smart-home conveniences, including smart thermostats and integrated technology systems, enhance comfort and efficiency throughout the property. Combining superior craftsmanship, luxury amenities, cutting-edge technology, and an unparalleled waterfront setting, this remarkable home embodies the very best of Smith Mountain Lake living. Opportunities like this are truly once in a lifetime. Buyers and Buyer's Agent to independently verify all property information. Interior and exterior photos shown are of the model home upon which this home is being built.
Listing Office: VIRGINIA REALTY GROUP
Last Updated: June - 29 - 2026
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