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    Smith Mountain Lake Resort Opportunity Title is generated by Realmo AI

    750 Penn Hall Rd, Union Hall, VA 24176

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    Claim this Listing
    For Sale
    $4,499,000

    COMMERCIAL - Union Hall, VA

    Lot size:
    26.15 Acres
    Added:
    Mar 5, 2026
    Days on Market:
    113
    Last Refresh:
    Jun 26 at 7:06 am

    Property Features for 750 Penn Hall Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    A1 See Remarks
    Bathrooms
    8
    Rooms
    Bathroom 1, Bathroom 8, Bathroom 6, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 7
    Standard status
    Active
    APN
    051 00-020 02
    Lot size
    26.15 Acres

    Taxes and HOA fees

    Tax Description
    Wilson Craig R Jr Angela
    Tax Annual Amount
    9150

    Utilities

    Heating system
    Heat Pump (Heating), Electric (Heating)
    Cooling system
    Electric, Heat Pump
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1940
    Floors in Building
    2
    Flooring type
    Vinyl, Tile, Wood
    Building materials
    Brick, Vinyl Siding, Wood Siding
    Roof type
    Shingle

    We can help!

    Contact an agent
    CRAIG R WILSON

    Listing agent CRAIG R WILSON

    Listing office RE/MAX LAKEFRONT REALTY INC 16451 BOOKER T WASHINGTON HWY, Moneta, VA

    Listing date Mar 5, 2026

    MLS# 925166

    Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 26.15‑acre property with 658 feet of waterfront shoreline at Smith Mountain Lake
    • Special Use Permit allowing the property to operate as a resort
    • Full 2025 renovation completed to the historic mansion
    • Permitted dock work partially completed: 4‑slip 34x54 dock with storage plus an uncovered 30x30 dock (contractor guaranteed Summer 2026 completion, per letter)
    • Plans include a wedding barn, clubhouse, and 40 villas (2‑bedroom, 2‑bath) with blueprints plus proforma and site/engineering plans
    • 1940‑built home with shingle roof, brick and siding exterior materials, and vinyl/tile/wood flooring

    Overview

    This property presents a unique opportunity with significant scale and privacy on Smith Mountain Lake. Situated on 26.15 acres of contiguous private lakefront land, the site includes 658 feet of shoreline. A full renovation of the historic mansion on-site is planned for 2025. The owner has secured a Special Use Permit allowing the property to operate as a resort. Blueprints, proforma, site, and engineering plans are available for a wedding barn, clubhouse, and 40 two-bedroom, two-bath villas. A permitted dock is partially completed, with the contractor guaranteeing a place in line for Summer 2026 completion. Permitted docks include a 34x54 foot four-slip dock with storage and a 30x30 foot uncovered dock. The property offers lakefront privacy, with no other residences located for over a mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Milan at Wateredge Hotel & Motel Pennhall Training Center

    Suggested Use

    Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Union Hall
    County
    Franklin
    State
    Virginia
    Longitude
    -79.658787
    Latitude
    37.006578

    FAQs

    What type of property is this?
    Resort - 26+ acres with development plans and permits on Smith Mountain Lake.
    Where is this resort located?
    The property is located at 750 Penn Hall Rd Union Hall, VA.
    What is the asking price?
    The asking price for this property is $4,499,000.
    What are key features of this property?
    This property features: 26.15‑acre property with 658 feet of waterfront shoreline at Smith Mountain Lake; Special Use Permit allowing the property to operate as a resort; Full 2025 renovation completed to the historic mansion
    More about this property
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