$1,595,000
Penhook, VA 24137
MLS# 926504
4 beds | 3.1 baths | 3703 sqft
1 / 86
Property Description
FULLY UPDATED WATERFRONT TOWNHOME -- ISLAND GREEN AT THE WATER'S EDGE COUNTRY CLUB Enjoy exceptional lakefront living in this beautifully updated waterfront townhome, completely renovated in 2021 and ideally located in the desirable Island Green neighborhood of The Water's Edge Country Club. Featuring an open floor plan, beautiful surroundings, and a peaceful cove setting, this home offers the perfect combination of comfort, privacy, and recreational enjoyment. The large, quiet cove provides an ideal setting for swimming, kayaking, paddleboarding, and enjoying the lake with family and friends--without the concerns of heavy boat traffic. The location is also especially appealing for families with children and grandchildren. Golf enthusiasts will appreciate the proximity to the #7 signature hole, while the nearby boat dock is just a short walk away. Currently decorated and furnished as a four-bedroom home, the spacious upper-level loft provides additional flexibility and is currently being used as an office. The lower level offers two bedrooms, a comfortable family room, a bar area, and a steam/shower room--perfect for relaxing after a day on the lake or golf course. Two fireplaces add warmth and character throughout the home. The upper-level propane fireplace creates a cozy gathering space, while the lower-level fireplace features a built-in propane starter for enjoying traditional wood fires. Outdoor living is a highlight, with multiple spaces designed to take full advantage of the beautiful lake setting. The large enclosed upper porch features sliding glass doors and screens, allowing for year-round enjoyment. An additional open upper porch and a spacious lower deck with ceiling fans provide plenty of room for entertaining, relaxing, and enjoying summer evenings by the water. Additional features include generous walk-in closets, a convenient pantry, and abundant living and storage space. With its exceptional location, versatile floor plan, extensive updates, and peaceful waterfront setting, this is a special opportunity to enjoy the best of lake, golf, and country club living. A MUST-SEE PROPERTY!
Details
General Property Description
Property Sub-Type: Townhouse
Construction Status: Completed
Residential Type: Attached
Total Acreage: 0.12
Entry Above Grd Fin SQFT: 1713
Upper Above Grd Fin SQFT: 277
Lower Below Grd Fin SQFT: 1713
Other Above Grd Fin SQFT: 0
Total Fnshd SqFt: 3703
Total Above Grd Fin SQFT: 1990
Grand Total Attached SQFT: 3703
Basement Y/N: Yes
Water Class: Waterfront Property
Length of Waterfront: 0
Total Unfin SQFT: 0
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Primary Covered Parking SQFT: 506
Uncovered # Spaces: 4
Total Cov'd Prk Spc: 2
Year Built: 1990
Total Bdrm: 4
Total Bths: 3.1
Total F Baths: 3
Total H Baths: 1
Water ID: Smith Mtn Lake
Location, Tax & Legal
Major Area: 04 - Franklin County
Phase: 0
Subdivision Map: Island Green Pte
Lot: 20
Block: 0
Tax ID: 051-08-020-00
Annual Taxes: 4228.62
Section: 0
Zoning Code: RPD
POA Y/N: Yes
POA/Condo Dues: 733
POA/Condo Terms A/M: Monthly
Area: 0490 - SML Franklin County
Street Number: 253
Street Name: Island Green
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: The Waters Edge
Municipality: Franklin County
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Public Remarks: FULLY UPDATED WATERFRONT TOWNHOME -- ISLAND GREEN AT THE WATER'S EDGE COUNTRY CLUB
Enjoy exceptional lakefront living in this beautifully updated waterfront townhome, completely renovated in 2021 and ideally located in the desirable Island Green neighborhood of The Water's Edge Country Club. Featuring an open floor plan, beautiful surroundings, and a peaceful cove setting, this home offers the perfect combination of comfort, privacy, and recreational enjoyment.
The large, quiet cove provides an ideal setting for swimming, kayaking, paddleboarding, and enjoying the lake with family and friends--without the concerns of heavy boat traffic. The location is also especially appealing for families with children and grandchildren. Golf enthusiasts will appreciate the proximity to the #7 signature hole, while the nearby boat dock is just a short walk away.
Currently decorated and furnished as a four-bedroom home, the spacious upper-level loft provides additional flexibility and is currently being used as an office. The lower level offers two bedrooms, a comfortable family room, a bar area, and a steam/shower room--perfect for relaxing after a day on the lake or golf course.
Two fireplaces add warmth and character throughout the home. The upper-level propane fireplace creates a cozy gathering space, while the lower-level fireplace features a built-in propane starter for enjoying traditional wood fires.
Outdoor living is a highlight, with multiple spaces designed to take full advantage of the beautiful lake setting. The large enclosed upper porch features sliding glass doors and screens, allowing for year-round enjoyment. An additional open upper porch and a spacious lower deck with ceiling fans provide plenty of room for entertaining, relaxing, and enjoying summer evenings by the water.
Additional features include generous walk-in closets, a convenient pantry, and abundant living and storage space. With its exceptional location, versatile floor plan, extensive updates, and peaceful waterfront setting, this is a special opportunity to enjoy the best of lake, golf, and country club living.
A MUST-SEE PROPERTY!
Directions: From Penhook, Old Mtn Rd, L Smith Mtn Rd, L Water's Edge Drive, R Silver Tee, L Island Green Dr to first home on left - just past Island Green Circle.
Limited Service
Not Limited Service: 1
Lot Description
Gentle Sloping: 1
Level: 1
Construction
Brick: 1
Wood: 1
Basement
Full: 1
Walk-Out Access: 1
Views
Golf Course: 1
Lake: 1
Sunset: 1
Heating
Heat Pump Electric: 1
Misc Features
Cable TV: 1
Cul-De-Sac: 1
Paved Road: 1
Underground Util: 1
Cooling
Heat Pump Electric: 1
Fireplace
# Fireplaces: 2
Gas Log: 1
Masonry: 1
Basement: 1
Living Room: 1
Water Description
Community System: 1
Sewer Description
Shared Septic: 1
Water Heater Type
Hybrid: 1
Interior Features
Central Vacuum: 1
Cathedral Ceiling(s): 1
Drapes: 1
Security System: 1
Walk-In Closet(s): 1
Internet Access
Cable: 1
Cur'nt Internet Prov: Shentel
Exterior Features
Bay Window: 1
Deck: 1
Patio: 1
Paved Driveway: 1
Porch
Covered Porch: 1
Screened Porch: 1
Front Porch: 1
Rear Porch: 1
Appliances
Clothes Dryer: 1
Clothes Washer: 1
Compacter: 1
Cook Top: 1
Dishwasher: 1
Disposer: 1
Microwave Oven (Built In): 1
Wall Oven: 1
Floors
Carpet: 1
Luxury Vinyl Plank: 1
Tile - i.e. ceramic: 1
Wood: 1
Boat Dock Desc
Boat Hoist: 1
Floater: 1
Pers WaterCraft Lift: 1
Area Amenities
Private Golf: 1
Stable(s): 1
Water Features
Cove: 1
Windows
Insulated: 1
Exterior Doors
Metal: 1
Sliding: 1
Primary Bedrooms
Primary BR Entry Lvl: 1
Water Htr Energy
Electric: 1
Bedrooms
BR Entry Level: 2
BR Lower Level: 2
Water Details
Number Covered Slips: 1
Full Baths
Full Baths Entry Lvl: 2
Full Baths Lower Lvl: 1
Half Baths
Half Baths Entry Lvl: 1
Laundry
Laundry Entry Level: 1
Contract Information
Current Price: $1,595,000
List Price: $1,595,000
List Date: 2026-04-14
Status: Active
Property Features
Limited Service: Not Limited Service
Lot Description: Gentle Sloping; Level
Construction: Brick; Wood
Basement: Full; Walk-Out Access
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Fireplace: Gas Log; Masonry; Basement; Living Room
Interior Features: Cathedral Ceiling(s); Central Vacuum; Drapes; Security System; Walk-In Closet(s)
Exterior Features: Bay Window; Deck; Patio; Paved Driveway
Views: Golf Course; Lake; Sunset
Appliances: Compacter; Cook Top; Dishwasher; Disposer; Clothes Dryer; Microwave Oven (Built In); Wall Oven; Clothes Washer
Misc Features: Cable TV; Cul-De-Sac; Paved Road; Underground Util
Area Amenities: Private Golf; Stable(s)
Floors: Luxury Vinyl Plank; Carpet; Tile - i.e. ceramic; Wood
Windows: Insulated
Exterior Doors: Metal; Sliding
Porch: Covered Porch; Screened Porch; Front Porch; Rear Porch
Water Description: Community System
Sewer Description: Shared Septic
Water Heater Type: Hybrid
Water Htr Energy: Electric
Internet Access: Cable
Boat Dock Desc: Floater; Boat Hoist; Pers WaterCraft Lift
Water Features: Cove
Room Information
| Room Name | Level |
| Primary Bedroom | Entry |
| Bedroom 2 | Entry |
| Bedroom 3 | Lower |
| Bedroom 4 | Lower |
| Dining Area | |
| Eat-in Kitchen | Entry |
| Foyer | Entry |
| Great Room | Entry |
| Kitchen | Entry |
| Laundry | Entry |
| Living Room | Entry |
| Office | Upper |
| Recreation Room | Lower |
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Last Updated: August - 25 - 2026
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