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Penhook, VA Land for Sale

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Union Hall, VA Sandy Level, VA Moneta, VA Glade Hill, VA Huddleston, VA Wirtz, VA Pittsville, VA Lynch Station, VA
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Waterfront Land with Private Dock
Updated: Jul 2
Waterfront Land with Private Dock

365 Hardy Rd, Penhook, VA 24137

$1,950,000
1.45 AC lot
Two combined waterfront lots totaling 1.45+/- acres with 330 ft of rip‑rapped shoreline
Custom boat dock with cabana for waterfront access
Private water source plus well and septic already installed
Waterfront offering a wide water channel with Smith Mountain views
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Deep Water Waterfront Building Lot
Updated: Feb 5
Deep Water Waterfront Building Lot

Sweetwater Bay Dr lot: 1, Penhook, VA 24137

$199,950
0.52 AC lot
Deep water waterfront lot on Smith Mountain Lake
Approved for a 3‑bedroom septic system
Water hook up fee already paid
Ready to build on
Nicely wooded lot
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LAND - Penhook, VA
LAND - Penhook, VA

Bull Run Dr, Penhook, VA 24137

$39,900
0.60 AC lot

Land · 0.60 Acres

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Smith Mountain Lake Estate Lot
Smith Mountain Lake Estate Lot

Lot 4 Sweetwater Bay Drive, Penhook, VA 24137

$649,900
50,094 sqft 1.15 AC lot

One-acre lakefront lot with deep-water frontage and protected views.

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Zoned B2 Commercial Land Tract
Zoned B2 Commercial Land Tract

95 Morgans Fork Rd, Penhook, VA 24137

Contact for pricing
4.93 AC lot

Commercial land tract with B2 zoning and long frontage along Morgans Fork Road and Edwards Road.

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Flat Waterfront Golf Community Lot
Flat Waterfront Golf Community Lot

LOT 126 Lands End Rd, Penhook, VA 24137

$129,900

Flat lot with Smith Mountain Lake views inside a private golf community.

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Land in Waters Edge Community
Land in Waters Edge Community

Lot 383 Mountain Shore Drive, Penhook, VA 24137

$35,000
31,798 sqft 0.75 AC lot

Approximately 3/4 acre lot near club amenities.

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Golf Course View Lot
Golf Course View Lot

Lot 96 Sand Wedge Circle, Penhook, VA 24137

$59,900
18,295 sqft 0.42 AC lot

Partially wooded lot with golf course and mountain views.

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Waterfront Access Land Lot
Waterfront Access Land Lot

LOT 29 Waters Edge Dr, Penhook, VA 24137

$99,900

Residential water access lot at Smith Mountain Lake with water views from this level.

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Waterfront Land with Deeded Slip
Waterfront Land with Deeded Slip

13-a-1 Waters Edge Drive, Penhook, VA 24137

$749,500
339,332 sqft

Water access in The Water’s Edge with a deeded covered boat slip and golf and lake views.

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 10 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

Opportunities in Nearby Cities

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

Waterfront Lot with 3-Slip Boathouse
Waterfront Lot with 3-Slip Boathouse

Lot 41 Compass Cove Circle, Moneta, VA 24121

$995,500
78,843 sqft 1.80 AC lot

Waterfront lot offers 1.80 acres, an approved oversized 3-slip boathouse, and an on-site sandy beach area.

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Waterfront Homesite Lot
Waterfront Homesite Lot

Sunview Cir lot: 21, Moneta, VA 24121

$49,900
0.86 AC lot

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

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Waterfront Estate Land with Dock Permits
Waterfront Estate Land with Dock Permits

Hidden Treasures Ln lot: 28, Union Hall, VA 24176

$799,000
5.20 AC lot

Build-ready waterfront homesite with permitted private dock, shoreline stabilization, and underground power in a private setting.

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Waterfront Land on Smith Mountain
Waterfront Land on Smith Mountain

Hidden Treasures Ln lot: 29, Union Hall, VA 24176

$899,000
8.04 AC lot

Estate-sized waterfront parcel on Smith Mountain Lake with 8.044 acres.

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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

Old Franklin, Penhook, VA 24137

Value Estimation by Request
1.91 AC lot
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Old Franklin
VACANT COMMERCIAL LAND

Old Franklin, Penhook, VA 24137

Value Estimation by Request
1.26 AC lot
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Snow Crk Rd
VACANT COMMERCIAL LAND

Snow Crk Rd, Penhook, VA 24137

Value Estimation by Request
10.74 AC lot
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Old Franklin
VACANT COMMERCIAL LAND

Old Franklin, Penhook, VA 24137

Value Estimation by Request
17.25 AC lot
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Morgans Frk Rd
VACANT COMMERCIAL LAND

Morgans Frk Rd, Penhook, VA 24137

Value Estimation by Request
0.27 AC lot
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Penhook, VA 24137
VACANT COMMERCIAL LAND

Penhook, VA 24137

Value Estimation by Request
0.61 AC lot
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175 Morgans Frk Rd
VACANT COMMERCIAL LAND

175 Morgans Frk Rd, Penhook, VA 24137-5050

Value Estimation by Request
0.19 AC lot
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Penhook, VA 24137
VACANT COMMERCIAL LAND

Penhook, VA 24137

Value Estimation by Request
368.60 AC lot
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Penhook, VA 24137
VACANT COMMERCIAL LAND

Penhook, VA 24137

Value Estimation by Request
1.24 AC lot
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Penhook, VA Land Market Trends and Statistics

Explore 19 land for sale in Penhook, VA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 767,091 square feet of properties for sale, with an estimated market value of $3,913,950.

Sale prices for lots in Penhook, VA start at $35,000, averaging $434,883, and reaching up to $1,950,000 — 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 6
Commercial land 1
Recreation land 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 $245.7K

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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