Price Reduction - Waterfront
Address
200 Sweetwater Bay Dr, Penhook, VA
Price
$ 2,390,000
Property Attributes
- MLS#928704
- TypeSingle Family
- Listing Status Active
- CountyPITTSYLVANIA
- CityPenhook
- Area1690 - SML Pittsylvania County
- NeighborhoodSanctuary Village
- Zip24137
- StyleContemporary
- Year Built2025
- Taxes$ 1833
- Price$ 2,390,000
- Bedrooms9
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3941
- Lot Size1.14 Acres
Data Source:
Roanoke Valley MLS (RVAR)
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. 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Other - See Remarks Elementary School | Other - See Remarks Middle School | Other - See Remarks High School |
| Price History | |
|---|---|
| 6/22/2026 | Listed $2,495,000 |
| 9/3/2026 | 5$2,390,000 |
General Features
| Heating | Heat Pump Electric |
|---|---|
| Cooling | Heat Pump Electric |
| Architectural Style | Contemporary |
| Year Built | 2025 |
| Levels | 15 Story |
| Property Subtype | Single Family Residence |
| County | Pittsylvania County |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Sanctuary Village |
| Full Baths | 6 |
| Status | Active |
| 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 |
| High School | Other - See Remarks |
| City | Penhook |
| MLS Area | 1690 - SML Pittsylvania County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 49658.4 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Elementary School | Other - See Remarks |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 1833.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Other - See Remarks |
| Lease Renewal Y/N | No |
| MLS Area Minor | 1690 - SML Pittsylvania County |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Tax Lot | 19 |
| MobileHomeRemainsYN | No |
| Senior Community | None |
Interior Features
| Flooring | Tile |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Total Bedrooms | 9 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 2 |
| Total Baths | 6 |
Exterior Features
| Lot Features | Level,Secluded |
|---|---|
| Water Source | Private Well |
| Lot Size Area | 1.14 |
| Spa | No |
| Building Area Total | 3941.0 |
| Lot Dimensions | 1.14 |
| Lot Size Acres | 1.14 |
| Waterfront Y/N | Yes |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 24137
Price
Taxes
Year Built
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Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by MLS of Roanoke Valley, Inc. (540-772-0526) on September 12, 2026 5:57 PM UTC . The information on this sheet has been made available by the MLS and may not be the listing of the provider. All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily
Lynchburg MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The
