Price cut
3D tour
$2,950,000
5 bd · 5.5 ba · 5,880 sqft · 0.75 acre lot
51 Island View Dr, Penhook, VA 24137
Single family · Built 2026 · $502/sqft ·
$15,460/mo est. payment
- HOA
- $20/mo
3D tourFlood factor 1/10
About this home
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.
Facts and features
Bedrooms
- Bedrooms: 5
- Bedrooms On Main Level: 3
- Bedrooms On Lower Level: 1
- Bedrooms On Upper Level: 1
- Primary Bedroom Level: Entry
- 2nd Primary Bedroom Level: Upper
- Bedroom 4 Level: Entry
- Bedroom 5 Level: Entry
Other Rooms
- Total Rooms: 11
- Laundry Level: Entry
- Primary Bedroom Level: Lower
- Basement Features: Full, Walk-Out Access
- Entry Foyer Level: Entry
- Game/Recreation Room Level: Lower
- Living Room Level: Entry
Bathrooms
- Total Bathrooms: 5.5
- Full Bathrooms: 5
- 1/2 Bathrooms: 1
- Bathrooms On Main Level: 1
- Full Bathrooms On Lower Level: 2
- Full Bathrooms On Upper Level: 2
Interior Features
- Bookcases
- Ceiling fan(s)
- Storage
- Walk-in closet(s)
- Interior Amenities: Bookcases, Ceiling Fan(s), Storage, Walk-In Closet(s)
- Door Features: Sliding, Wood
- Flooring: Tile, Wood, Luxury Vinyl Plank
- Window Features: Insulated Windows
Appliances
- Dryer
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: Heat Pump Electric
- Fireplace Features: Living Room, Recreation Room
- Heating Features: Heat Pump Electric, Heat Pump Electric
- Heating: Yes
- Number of Fireplaces: 2
- Water Heaters: Tank-less
Kitchen and Dining
- Dining Area Level: Entry
- Kitchen Level: Entry
Waterfront and Water Access
- Water Body Name: Smith Mtn Lake
- Cove
- Riprap shoreline
- Waterfront property
- Waterfront Feet: 118
- Boat Features: Boat Hoist, Pers Water Craft Lift, Storage/Util Bldg
Schools
- 7
Glade Hill Elementary School
elementary · K-5 · 7.5 mi
- 4
Franklin County High School
high · 9-12 · 14.3 mi
- 7
Benjamin Franklin Middle School
middle · 6-8 · 14.6 mi
- 6
Dudley Elementary School
elementary · K-5 · 8.0 mi
Burnt Chimney Elementary School
elementary · K-5 · 12.0 mi
Gereau Center for Applied Technology
middle · 8 · 15.2 mi
Price history
- Jul 31, 2026 · Listed$2,950,000
- Jul 30, 2021 · Sold$280,000
- Oct 2, 2019 · Listing Removed—
- Jul 26, 2019 · Price Changed$249,000
- Apr 1, 2019 · Relisted$294,000
- Mar 31, 2019 · Listing Removed—
- Feb 20, 2018 · Price Changed$294,000
- Feb 19, 2018 · Listed$299,000
Tax history
- 2025$1,819 tax · $423,200 assessed
- 2023$1,186 tax · $338,700 assessed
- 2022$1,186 tax · $194,500 assessed
- 2021$1,186 tax · $194,500 assessed
- 2020$1,186 tax · $194,500 assessed
- 2019$1,842 tax · $302,000 assessed
- 2018$1,842 tax · $302,000 assessed
- 2017$1,661 tax · $302,000 assessed
Home value
$2,920,000
- Collateral Analytics$2,920,000
Where it is
Listed by Jane Sullivan Horne, CRS · Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate · Roanoke
