$2,390,000
Penhook, VA 24137
MLS# 928704
9 beds | 6 baths | 4150 sqft
1 / 67
Property Description
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.
Details
General Property Description
Lot Dimensions: 1.14
Property Sub-Type: Single Family Residence
Construction Status: Under Construction
Residential Type: Detached
Total Acreage: 1.14
Entry Above Grd Fin SQFT: 1617
Upper Above Grd Fin SQFT: 522
Lower Below Grd Fin SQFT: 2011
Other Above Grd Fin SQFT: 0
Total Fnshd SqFt: 4150
Total Above Grd Fin SQFT: 2139
Grand Total Attached SQFT: 4150
Basement Y/N: Yes
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 150
Total Unfin SQFT: 0
Prim. Covered Prking: N/A
Add'l Covered Prkng: Not Applicable
Total Cov'd Prk Spc: 0
Year Built: 2026
Total Bdrm: 9
Total Bths: 6
Total F Baths: 6
Location, Tax & Legal
Major Area: 16 - Pittsylvania County
Phase: 0
Lot: 19
Block: 0
Tax ID: 1563-74-5134
Annual Taxes: 1833
Section: 0
POA Y/N: No
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
Remarks & Misc
Public Remarks: 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.
Directions: Old Franklin Tpke. to left on Old Mountain rd left on Smith mt. Rd. to right onto Sanctuary Bay rd to end, property on Left
Style of House
1.5 Story: 1
Contemporary: 1
Limited Service
Not Limited Service: 1
Lot Description
Level: 1
Secluded: 1
Construction
Other - See Remarks: 1
Basement
Partial: 1
Walk-Out Access: 1
Heating
Heat Pump Electric: 1
Cooling
Heat Pump Electric: 1
Water Description
Private Well: 1
Sewer Description
Private Septic: 1
Floors
Tile - i.e. ceramic: 1
Primary Bedrooms
Primary BR Entry Lvl: 1
Bedrooms
BR Entry Level: 2
BR Lower Level: 5
BR Upper Level: 2
Full Baths
Full Baths Entry Lvl: 2
Full Baths Lower Lvl: 3
Full Baths Upper Lvl: 1
Laundry
Laundry Entry Level: 1
Contract Information
Current Price: $2,390,000
List Price: $2,390,000
List Date: 2026-06-22
Status: Active
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
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.
Listing Office: VIRGINIA REALTY GROUP
Last Updated: September - 17 - 2026
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