$650,000
Penhook, VA 24137
MLS# 930851
2 beds | 2 baths | 2884 sqft
1 / 50
Property Description
Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment. The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space. Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing. Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find. Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.
Details
Maps
General Property Description
Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 1950
Total Bdrm: 2
Total Bths: 2
Total F Baths: 2
Entry Above Grd Fin SQFT: 2884
Total Fnshd SqFt: 2884
Total Above Grd Fin SQFT: 2884
Grand Total Attached SQFT: 2884
Basement Y/N: No
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 1
Add'l Covered Prkng: Carport Detached
# Add Cov Spaces: 1
Total Cov'd Prk Spc: 2
Total Acreage: 6.49
Water Class: N/A
Location, Tax & Legal
Area: 0400 - Franklin County
Street Number: 255
Street Name: Plantation
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: NA
Municipality: Franklin County
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Fireplace
# Fireplaces: 1
Primary Bedrooms
Primary BR Entry Lvl: 1
Bedrooms
BR Entry Level: 2
Full Baths
Full Baths Entry Lvl: 2
Laundry
Laundry Entry Level: 1
Contract Information
Current Price: $650,000
List Price: $650,000
List Date: 2026-08-28
Status: Active
Property Features
Style of House: 1 Story
Limited Service: Not Limited Service
Lot Description: Varied
Construction: Hard Board; Stone
Basement: Crawl Space
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Fireplace: Gas Log
Interior Features: Breakfast Area; Cathedral Ceiling(s); Ceiling Fan(s); Storage; Walk-In Closet(s)
Exterior Features: Deck; Paved Driveway; Shed(s)
Views: Sunrise; Sunset
Appliances: Dishwasher; Clothes Dryer; Microwave Oven (Built In); Refrigerator; Range Gas; Clothes Washer
Misc Features: Maint-Free Exterior; Underground Util
Floors: Carpet; Tile - i.e. ceramic; Wood
Windows: Clad; Insulated; Low-Emissivity Windows
Exterior Doors: Fiberglass
Porch: Covered Porch; Front Porch; Rear Porch
Water Description: Shared Well
Sewer Description: Private Septic
Water Heater Type: Tank
Water Htr Energy: Electric
Room Information
| Room Name | Level |
| Primary Bedroom | |
| Bedroom 2 | Entry |
| Den | Entry |
| Dining Area | Entry |
| Kitchen | Entry |
| Laundry | Entry |
| Living Room | Entry |
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Last Updated: August - 28 - 2026
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 reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.