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Wooded Waterfront Lot with Water Access
For Sale
$49,900

Lot 377 Morgans Mill Drive, Penhook, VA 24137

Wooded lot offering water access to Smith Mountain Lake and plans for a Lindal Cedar home.

Property Size31,798 SF
Price / SF$1.57
Days on Market728

Property Features for Lot 377 Morgans Mill Drive

General Information

Standard status Active
Size 31,798 SF
Property subtype Land / Unimproved Lot
Zoning S17

Taxes and HOA fees

Annual Taxes $150

Amenities

None Available
Below Ground
0.0
Yes
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Listed By: DEBBIE SHELTON · License #0225083584
Source: Compass
Added: Aug 16, 2024 Changed: Aug 8 Last Checked: Mar 25 at 7:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Investment Insights

Based on property information with market context.

This beautifully wooded lot provides water access to Smith Mountain Lake. The sellers also have plans for a Lindal Cedar home intended to complement the property.

The property is located in a desirable area near The Water’s Edge Golf Course and Country Club, which has an active membership.

As residential land, the lot is well suited for buyers looking to build a home and take advantage of lake-access proximity.

Key Highlights

  • Wooded lot with water access to Smith Mountain Lake
  • Includes plans for a Lindal Cedar home
  • Access to The Water's Edge Golf Course and Country Club is noted as being in a desirable neighborhood

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Cafe & Coffee Shop Restaurant Travel Agency Real Estate Agency Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 24137, VA

2,506
Population
2,208
Households
1.1
Avg Household Size
54
Median Age
22%
College-Educated
86%
High-School Grad
71.5 sq mi
ZIP Area
35
Density / Sq Mi
$66,250
Median Household Income
$29,631
Median Earnings
$936
Median Rent
$197,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Wooded lot offering water access to Smith Mountain Lake and plans for a Lindal Cedar home.
Where is this waterfront land located?
The property is located at Lot 377 Morgans Mill Drive Penhook, VA.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Wooded lot with water access to Smith Mountain Lake; Includes plans for a Lindal Cedar home; Access to The Water's Edge Golf Course and Country Club is noted as being in a desirable neighborhood
More about this property
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