Farms

Penhook, VA Farms for Sale

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Farm Property with Barns and Ponds
Updated: Apr 11
Farm Property with Barns and Ponds

14128 Old Franklin Turnpike, Penhook, VA 24137

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Well‑maintained farm with open and wooded land, plus multiple barns and sheds in good condition
4 ponds on the property and creeks running through its boundary
Open land is divided between crop and grazing, with fenced and cross‑fenced pastures
Water systems in each paddock for pasture management
Ranch home on site; pool is as‑is and needs repair; additional hunting cabin/man cave/she shed
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Farm with Log Home and Barn
Farm with Log Home and Barn

180 Thompson Ridge Cir, Ferrum, VA 24088

$699,950
4,029 sqft

Residential improvements include an open layout, main-level suite, separate apartment, fenced pastures, and equestrian facilities.

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Georgian Farm with Riding Ring
Georgian Farm with Riding Ring

1275 Hunt Country Farms Rd, Martinsville, VA 24112

$825,000

Rolling acreage features a multi-level residence, fenced pastures, and a full equestrian barn with support spaces.

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Farm with Log Home
Farm with Log Home

2750 Waidsboro Road, Ferrum, VA 24088

$470,000

Wooded agricultural property with a residence, creek features, potential pond sites, and on-site utilities.

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Farm Property with Open Fields
Farm Property with Open Fields

4165 North Fork Rd, Martinsville, VA 24112

$164,000

Rural acreage combines open ground, wooded sections, and a residence set back from the public road.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale in Hurt
Land For Sale in Hurt

Parcel A Roark Mill Road, Hurt, VA 24563

$39,900
12.54 AC lot

Large 12.54 acre building lot near Altavista and Lynchburg.

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Agricultural Land with Wooded Terrain
Agricultural Land with Wooded Terrain

91.1 Acr Elkhorn Road, Java, VA 24565

$219,500
91.10 AC lot

Agricultural tract with rolling topography, open areas, deeded road access, and potential for residential, farming, or hunting use.

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Picturesque Land in Apple Valley
Picturesque Land in Apple Valley

Meadors Mill Road, Bedford, VA 24523

$289,900
22.05 AC lot

22-acre property with mountain views and stream in Bedford County.

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Penhook, VA Farms Market Trends and Statistics

Explore 1 farms for sale in Penhook, VA on our real estate platform.

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Demographics Overview

Population 2,695
Population Growth (5Y) +0.8%
Median Household Income $66,250
College Educated 30.3%

Taxes & Financing

Tax Rate (average for all types) 0.56%
Property Tax per SF $40.41 per SF
Tax Rate vs County Average 0.06 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

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