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$2,950,000
51 Island View DR
Penhook, VA 24137
MLS# 929958
5 beds  |  5.1 baths  |  5880 sqft
 | 
016-MIB01373-R5b
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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,

Details
General Property Description
Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 2026
Total Bdrm: 5
Total Bths: 5.1
Total F Baths: 5
Total H Baths: 1
Entry Above Grd Fin SQFT: 2421
Upper Above Grd Fin SQFT: 1484
Lower Below Grd Fin SQFT: 1975
Total Fnshd SqFt: 5880
Total Above Grd Fin SQFT: 3905
Grand Total Attached SQFT: 5880
Basement Y/N: Yes
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Primary Covered Parking SQFT: 606
Total Cov'd Prk Spc: 2
Total Acreage: 0.75
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 118
Location, Tax & Legal
Area: 0490 - SML Franklin County
Street Number: 51
Street Name: Island View
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: The Waters Edge
Municipality: Franklin County
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Fireplace
# Fireplaces: 2
Primary Bedrooms
Primary BR Entry Lvl: 1
Primary BR Upper Lvl: 1
Primary BR Lower Lvl: 1
Bedrooms
BR Entry Level: 3
BR Upper Level: 1
BR Lower Level: 1
Water Details
Number Covered Slips: 2
Full Baths
Full Baths Entry Lvl: 1
Full Baths Upper Lvl: 2
Full Baths Lower Lvl: 2
Half Baths
Half Baths Entry Lvl: 1
Laundry
Laundry Entry Level: 1
Contract Information
Current Price: $2,950,000
List Price: $2,950,000
List Date: 2026-07-31
Status: Active
Property Features
Style of House: Contemporary
Limited Service: Not Limited Service
Lot Description: Gentle Sloping
Construction: Brick; Fiber Cement
Basement: Full; Walk-Out Access
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Fireplace: Living Room; Recreation Room; Other - See Remarks
Energy Features: 2 X 6 Exterior Walls
Interior Features: Bookcases; Ceiling Fan(s); Storage; Walk-In Closet(s)
Exterior Features: Deck; Patio
Views: Lake
Appliances: Clothes Dryer; Refrigerator; Clothes Washer
Misc Features: New Construction; Underground Util
Area Amenities: Private Golf; Common Pool
Floors: Luxury Vinyl Plank; Tile - i.e. ceramic; Wood
Windows: Insulated
Exterior Doors: Sliding; Wood
Water Description: Community System
Sewer Description: Private Septic
Water Heater Type: Tank-less
Water Htr Energy: Propane
Internet Access: Cable
Boat Dock Desc: Boat Hoist; Pers WaterCraft Lift; Storage/Util Bldg
Water Features: Cove; Riprap Shoreline
Supplements
craftsmanship and lake living come together beautifully in this exceptional new home.
Room Information
Room Name Level
Primary BedroomEntry
Primary BedroomUpper
Primary BedroomLower
Bedroom 4Entry
Bedroom 5Entry
Dining AreaEntry
FoyerEntry
KitchenEntry
LaundryEntry
Living RoomEntry
Recreation RoomLower
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Updated: August - 12 - 2026

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