Penhook, VA
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    Penhook, VA Land for Sale

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    Union Hall, VA Moneta, VA Pittsville, VA
    8 listings
    Unrestricted Land Tract in Penhook
    $599,500
    278.00 Acres
    Unrestricted Land Tract in Penhook

    Old Fire Tower Ln lot: 0, Penhook, VA 24137

    278-acre unrestricted land with timber, recreation, and mountain views.
    • 278+/- acres of unrestricted land bordering Turkeycock WMA (2,600+ acres) providing direct access to additional public land for recreation and hunting.
    • Established 12+ year‑old pine plantation offering future timber income potential and prime wildlife habitat.
    • Over 1 mile of year‑round flowing water from 2 bold mountain creeks (including Grassy Fork Creek).
    • Ridgetop build sites with potential for panoramic views of the Blue Ridge foothills.
    • Over 1.4 miles of internal trails for easy navigation and access to various points of interest.
    Updated: May 5
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    Smith Mountain Lake Estate Lot
    $649,900
    50,094 SF
    Smith Mountain Lake Estate Lot

    Lot 4 Sweetwater Bay Drive, Penhook, VA 24137

    One-acre lakefront lot with deep-water frontage and protected views.
    • Lakefront estate lot in The Sanctuary at Smith Mountain Lake
    • Deep‑water frontage with room for an expansive dock
    • Breathtaking protected views and unparalleled privacy
    • Over one acre lot near the end of a quiet cul‑de‑sac
    • Pre‑approved building site
    Updated: May 20
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    Smith Mountain Lake Campground Auction
    $675,000
    784,080 SF
    Smith Mountain Lake Campground Auction

    Campground property on Smith Mountain Lake to be sold at auction.

    620 Plantation Drive, Penhook, VA 24137

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    Waterfront Lot on Smith Mountain
    $214,950
    0.52 Acres
    Waterfront Lot on Smith Mountain

    Deep water, buildable waterfront lot on Smith Mountain Lake.

    Sweetwater Bay Dr lot: 1, Penhook, VA 24137

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    Land in Snow Creek Area
    $55,000
    2.55 Acres
    Land in Snow Creek Area

    2.55 acres in Snow Creek area with creek.

    10597 SNOW CREEK Rd, Penhook, VA 24137

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    Waterfront Lot in Eagle Pointe
    $65,000
    1.36 Acres
    Waterfront Lot in Eagle Pointe

    1.36 acre waterfront lot with deeded lake access.

    Talon Ridge Rd lot: 170, Penhook, VA 24137

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    Land in Waters Edge Community
    $35,000
    31,798 SF
    Land in Waters Edge Community

    Approximately 3/4 acre lot near club amenities.

    Lot 383 Mountain Shore Drive, Penhook, VA 24137

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    Golf Course View Lot
    $59,900
    18,295 SF
    Golf Course View Lot

    Partially wooded lot with golf course and mountain views.

    Lot 96 Sand Wedge Circle, Penhook, VA 24137

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 8 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 1 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.

    Waterfront Lot in The Boardwalk
    $399,000
    0.57 Acres
    Waterfront Lot in The Boardwalk

    Waterfront lot with boat house in Moneta, Virginia.

    Watch Hill Cir lot: 18, Moneta, VA 24121

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    Waterfront Homesite Lot
    $49,900
    0.86 Acres
    Waterfront Homesite Lot

    Waterfront land at the end of a quiet cul-de-sac, offering privacy and flexibility to bring your own builder.

    Sunview Cir lot: 21, Moneta, VA 24121

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    Union Hall Wooded Acreage
    $299,900
    31.27 Acres
    Union Hall Wooded Acreage

    31.27 acres of wooded land with two creeks.

    Hidden Treasures Ln lot: 32, Union Hall, VA 24176

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    Waterfront Land with Resort Amenities
    $125,000
    Waterfront Land with Resort Amenities

    Affordable waterfront land in gated community with resort-like amenities.

    Lot 2 Lands End Cir, Union Hall, VA 24176

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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.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres
    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879

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    Off-Market Properties in Penhook, VA

    Consider similar Off-Market properties in Penhook, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Old Franklin
    VACANT COMMERCIAL LAND
    Lot: 1.91 Acres
    Value Estimation by Request

    Old Franklin, Penhook, VA 24137

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    Old Franklin
    VACANT COMMERCIAL LAND
    Lot: 1.26 Acres
    Value Estimation by Request

    Old Franklin, Penhook, VA 24137

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    Snow Crk Rd
    VACANT COMMERCIAL LAND
    Lot: 10.74 Acres
    Value Estimation by Request

    Snow Crk Rd, Penhook, VA 24137

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    Old Franklin
    VACANT COMMERCIAL LAND
    Lot: 17.25 Acres
    Value Estimation by Request

    Old Franklin, Penhook, VA 24137

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    Morgans Frk Rd
    VACANT COMMERCIAL LAND
    Lot: 0.27 Acres
    Value Estimation by Request

    Morgans Frk Rd, Penhook, VA 24137

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    Penhook, VA 24137
    VACANT COMMERCIAL LAND
    Lot: 0.61 Acres
    Value Estimation by Request

    Penhook, VA 24137

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    175 Morgans Frk Rd
    VACANT COMMERCIAL LAND
    Lot: 0.19 Acres
    Value Estimation by Request

    175 Morgans Frk Rd, Penhook, VA 24137-5050

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    Penhook, VA 24137
    VACANT COMMERCIAL LAND
    Lot: 368.60 Acres
    Value Estimation by Request

    Penhook, VA 24137

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    Penhook, VA 24137
    VACANT COMMERCIAL LAND
    Lot: 1.24 Acres
    Value Estimation by Request

    Penhook, VA 24137

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    Penhook, VA Land Investment Opportunities Market Analysis

    Explore 17 land for sale in Penhook, VA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 884,267 square feet of properties for sale, with an estimated market value of $1,419,800.

    Sale prices for lots in Penhook, VA start at $35,000, averaging $354,950, and reaching up to $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Waterfront Land 4
    Recreation land 2
    Agricultural land / Farmland 1
    Hunting land 1
    Residential land & home lots 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Penhook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24137 $294.3K

    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

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