Search
Deep Water Waterfront Building Lot
For Sale
$219,950

Lot 1 Sweetwater Bay Drive, Penhook, VA 24137

Deep water waterfront lot with water hook-up fee paid and an approved septic for a three-bedroom home.

Property Size22,651 SF
Price / SF$9.71
Days on Market197

Property Features for Lot 1 Sweetwater Bay Drive

General Information

Standard status Active
Size 22,651 SF
Property subtype Land / Land (Acreage)

Taxes and HOA fees

Annual Taxes $1,960

Amenities

Below Ground
0.0
Listing Agency: RE/MAX ALL POINTS
Listed By: CHRISTY CROUCH · License #0225020100
Source: Compass
Added: Jan 27 Changed: Aug 8 Last Checked: Mar 25 at 7:49PM

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 RE/MAX ALL POINTS

Investment Insights

Based on property information with market context.

This deep water waterfront lot is ready for building and includes a water hook-up fee that has already been paid. An approved septic is in place for a three-bedroom home, helping streamline early site planning. The property is nicely wooded and is described as just over a half acre.

The lot is located on Smith Mountain Lake in Penhook, Virginia, and is identified as Lot 1 on Sweetwater Bay Drive.

If you’re looking to build on waterfront, the seller’s disclosures note that all information is deemed reliable but not guaranteed and should be verified.

Key Highlights

  • Deep water waterfront lot on Smith Mountain Lake, ready for you to build
  • Water hook‑up fee already paid
  • Approved 3‑bedroom septic

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Cafe & Coffee Shop Restaurant Hotel & Motel 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

4
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Deep water waterfront lot with water hook-up fee paid and an approved septic for a three-bedroom home.
Where is this waterfront land located?
The property is located at Lot 1 Sweetwater Bay Drive Penhook, VA.
What is the asking price?
The asking price for this property is $219,950.
What are key features of this property?
This property features: Deep water waterfront lot on Smith Mountain Lake, ready for you to build; Water hook‑up fee already paid; Approved 3‑bedroom septic
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message