$1,150,000
Penhook, VA 24137
MLS# 932229
3 beds | 1.1 baths | 1464 sqft
1 / 63
Property Description
RARE WATERFRONT OPPORTUNITY! Beautifully updated cottage on a premium, level lot in a highly desirable location near Smith Mountain and the Dam. Sold Turn-Key! Situated on a partial point with some of the best water and views at Smith Mountain Lake, along with beautiful sunset views, this property has water at the dock and dockable boat slips even with the lake's current extremely low level. The grand two-slip dock is a standout feature, with a floater, dock house, plenty of open and shaded stationary areas, and an overhead party deck offering exceptional lake views. The party deck was updated with new decking and Trex railing in 2022, and the entire dock was painted in 2025. The level waterfront yard also features a firepit and sandy beach/walk-in water area. It is an incredible setting for entertaining, enjoying the lake, and simply soaking in the views. The cottage is easily accessible from the level lot and has been extensively updated, including a complete kitchen remodel in 2026 with new flooring, backsplash, island, and appliances, new LVP flooring throughout most of the home, and an updated full bathroom with a walk-in shower. A spacious deck overlooks the level backyard and lake, providing another great spot to relax and enjoy the views. The home offers 3 bedrooms, 1 full bathroom, and 1 half bathroom. Other major improvements include a new roof in 2026 and a new HVAC system in 2025. A large storage shed near the water provides plenty of room for lake toys, tools, and outdoor equipment. Sold Turn-Key and ready to enjoy from day one!
Details
General Property Description
Property Sub-Type: Single Family Residence
Construction Status: Completed
Residential Type: Detached
Total Acreage: 0.46
Entry Above Grd Fin SQFT: 1464
Upper Above Grd Fin SQFT: 0
Lower Below Grd Fin SQFT: 0
Other Above Grd Fin SQFT: 0
Total Fnshd SqFt: 1464
Total Above Grd Fin SQFT: 1464
Grand Total Attached SQFT: 1464
Basement Y/N: No
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 135
Total Unfin SQFT: 0
Prim. Covered Prking: N/A
Add'l Covered Prkng: Not Applicable
Total Cov'd Prk Spc: 0
Year Built: 1970
Total Bdrm: 3
Total Bths: 1.1
Total F Baths: 1
Total H Baths: 1
Location, Tax & Legal
Major Area: 04 - Franklin County
Phase: 5
Subdivision Map: Anthony Ford
Lot: 13
Block: 0
Tax ID: 0500100500
Annual Taxes: 2179
Section: 2
POA Y/N: No
Area: 0490 - SML Franklin County
Street Number: 289
Street Name: Anthony Ford
Street Suffix: RD
State/Province: VA
Zip Code: 24137
Subdivision: N/A
Municipality: Franklin County
Elementary School: Dudley
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Public Remarks: RARE WATERFRONT OPPORTUNITY! Beautifully updated cottage on a premium, level lot in a highly desirable location near Smith Mountain and the Dam. Sold Turn-Key! Situated on a partial point with some of the best water and views at Smith Mountain Lake, along with beautiful sunset views, this property has water at the dock and dockable boat slips even with the lake's current extremely low level. The grand two-slip dock is a standout feature, with a floater, dock house, plenty of open and shaded stationary areas, and an overhead party deck offering exceptional lake views. The party deck was updated with new decking and Trex railing in 2022, and the entire dock was painted in 2025. The level waterfront yard also features a firepit and sandy beach/walk-in water area. It is an incredible setting for entertaining, enjoying the lake, and simply soaking in the views. The cottage is easily accessible from the level lot and has been extensively updated, including a complete kitchen remodel in 2026 with new flooring, backsplash, island, and appliances, new LVP flooring throughout most of the home, and an updated full bathroom with a walk-in shower. A spacious deck overlooks the level backyard and lake, providing another great spot to relax and enjoy the views. The home offers 3 bedrooms, 1 full bathroom, and 1 half bathroom. Other major improvements include a new roof in 2026 and a new HVAC system in 2025. A large storage shed near the water provides plenty of room for lake toys, tools, and outdoor equipment. Sold Turn-Key and ready to enjoy from day one!
Directions: 40E, Left Old Mountain Road, Left 626(Smith Mountain Road), Left Anthony Ford, Home on left near end.
Style of House
Cottage: 1
Limited Service
Not Limited Service: 1
Lot Description
Level: 1
Views: 1
Construction
Wood: 1
Other - See Remarks: 1
Basement
Crawl Space: 1
Views
Lake: 1
Sunset: 1
Heating
Heat Pump Electric: 1
Cooling
Heat Pump Electric: 1
Water Description
Private Well: 1
Sewer Description
Private Septic: 1
Water Heater Type
Tank: 1
Appliances
Clothes Dryer: 1
Clothes Washer: 1
Dishwasher: 1
Range Electric: 1
Refrigerator: 1
Floors
Laminate: 1
Luxury Vinyl Plank: 1
Tile - i.e. ceramic: 1
Boat Dock Desc
Boat Hoist: 1
Floater: 1
Party Deck: 1
Storage/Util Bldg: 1
Water Htr Energy
Electric: 1
Bedrooms
BR Entry Level: 3
Water Details
Channel Marker: B-1
Full Baths
Full Baths Entry Lvl: 1
Half Baths
Half Baths Entry Lvl: 1
Laundry
Laundry Entry Level: 1
Contract Information
Current Price: $1,150,000
List Price: $1,150,000
List Date: 2026-10-09
Status: Active
Property Features
Style of House: Cottage
Limited Service: Not Limited Service
Lot Description: Level; Views
Construction: Other - See Remarks; Wood
Basement: Crawl Space
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Views: Lake; Sunset
Appliances: Dishwasher; Clothes Dryer; Refrigerator; Range Electric; Clothes Washer
Floors: Luxury Vinyl Plank; Laminate; Tile - i.e. ceramic
Water Description: Private Well
Sewer Description: Private Septic
Water Heater Type: Tank
Water Htr Energy: Electric
Boat Dock Desc: Party Deck; Floater; Boat Hoist; Storage/Util Bldg
Listing Office: LAKE RETREAT PROPERTIES INC.
Last Updated: October - 09 - 2026
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