Waterfront - New Construction - Golf Course
Address
51 Island View Dr, Penhook, VA
Price
$ 2,950,000
Property Attributes
- MLS#929958
- TypeSingle Family
- Listing Status Active
- CountyFRANKLIN
- CityPenhook
- Area0490 - SML Franklin County
- NeighborhoodThe Waters Edge
- Zip24137
- StyleContemporary
- Year Built2026
- Taxes$ 5343
- Price$ 2,950,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage5880
- Lot Size0.75 Acres
Data Source:
Roanoke Valley MLS (RVAR)
Property Description
Experience exceptional Smith Mountain Lake living in this stunning new construction waterfront home in The Water's Edge. Offering 5 bedrooms, 5.5 baths and 5,880 finished sq. ft. across three beautifully appointed levels, the home features a private master suite on each floor. The open-concept main level showcases hardwood floors, custom built-ins, multiple fireplaces and a gourmet kitchen with Wolf, Sub-Zero and Cove appliances, quartz countertops, custom maple cabinetry and a 10-foot island. Enjoy a screened porch with fireplace overlooking the lake, lake-level kitchenette, heated tile floors, exceptional storage and an EV-ready two-car garage. Professionally landscaped grounds feature irrigation, lighting, paver patios, firepit and a private dock with boat and PWC lifts. Luxury, craftsmanship and lake living come together beautifully in this exceptional new home.
| Elementary School | Middle School | High School |
|---|---|---|
| Glade Hill Elementary School | Ben Franklin Middle | Franklin County High School |
| Price History | |
|---|---|
| 7/31/2026 | Listed $2,950,000 |
General Features
| Heating | Heat Pump Electric |
|---|---|
| Cooling | Heat Pump Electric |
| Utilities | Underground Util |
| HOA Fee | 240.0 |
| Patio/Porch Features | Deck,Patio |
| Architectural Style | Contemporary |
| Year Built | 2026 |
| View | Lake |
| Property Subtype | Single Family Residence |
| Waterfront Features | Cove,Riprap Shoreline |
| Community Features | Common Pool,Private Golf |
| Assoc Fee Paid Per | Annually |
| County | Franklin County |
| New Construction | Yes |
| Property Type | Residential |
| HOA | Yes |
| Energy Efficient | 2 X 6 Exterior Walls |
| Subdivision Name | The Waters Edge |
| Total Rooms | 11 |
| Full Baths | 5 |
| Status | Active |
| Directions | From 40E t/l 645 t/l 626 t/l 610 t/r Island View Drive |
| High School | Franklin County |
| City | Penhook |
| MLS Area | 0490 - SML Franklin County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 32670.0 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Elementary School | Glade Hill |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 5343.9 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Ben Franklin Middle |
| Lease Renewal Y/N | No |
| MLS Area Minor | 0490 - SML Franklin County |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://rapidimagery.hd.pics/51-Island-View-Drive-Penhook-VA-24137/idx |
| Standard Status | Active |
| Tax Lot | 48 |
| MobileHomeRemainsYN | No |
| Senior Community | None |
Interior Features
| Interior Amenities | Walk-In Closet(s),Ceiling Fan(s),Bookcases,Storage |
|---|---|
| Flooring | Tile,Wood |
| Total Fireplaces | 2 |
| Fireplace Features | Other - See Remarks,Living Room,Recreation Room |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Half Baths | 1 |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 1 |
| Total Baths | 6 |
Exterior Features
| Lot Features | Gentle Sloping |
|---|---|
| Lot Size Area | 0.75 |
| Spa | No |
| Building Area Total | 5880.0 |
| Lot Size Acres | 0.75 |
| Waterfront Y/N | Yes |
| Covered Spaces | 2.0 |
| Door Features | Wood,Sliding |
| 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
Visits
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 11, 2026 6:07 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
