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    Penhook, VA Waterfront Land for Sale

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    Luxury Campground on Smith Mountain
    $5,750,000
    41.00 Acres

    Luxury Campground on Smith Mountain

    5625 Smith Mountain Rd, Penhook, VA 24137

    41-acre lakefront campground with 129 sites and development potential.

    • Prime lakefront property with approximately 41 acres and 3,750' +/\- of waterfront.
    • 129 grandfathered mobile home/camper sites with water and septic hookups, providing immediate income potential.
    • Potential development tract for a new subdivision with wide water views from each lot.
    • Grandfathered docks and off‑water boat storage rentals.
    • Amenities include a swimming area, covered pavilion, wifi, boat ramp, walking & golf cart trails, and bath house.
    Updated: Mar 21
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    Luxury Campground on Smith Mountain
    $5,750,000
    41.00 Acres

    Luxury Campground on Smith Mountain

    5625 Smith Mountain Rd, Penhook, VA 24137

    Prime lakefront investment property with significant waterfrontage and numerous campsites.

    • Prime lakefront property with approximately 41 acres and 3,750' +\/ - of waterfront.
    • 129 grandfathered mobile home\/camper sites with water and septic hookups, plus 3 office sites.
    • Potential for development into a new subdivision with wide water views from each lot.
    • Includes off‑water boat storage rentals, swimming area, covered pavilion, wifi, boat ramp, walking & golf cart trails.
    • Existing infrastructure: bath house, pump station, 4 wells, and 20 septic tanks.
    Updated: Mar 20
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    Waterfront Lot on Smith Mountain
    $219,950
    0.52 Acres

    Waterfront Lot on Smith Mountain

    Deep water, buildable waterfront lot on Smith Mountain Lake.

    Sweetwater Bay Dr, 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 Rdg Rd, Penhook, VA 24137
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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

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

    Waterfront Lot with Mountain Views
    $69,900
    1.55 Acres

    Waterfront Lot with Mountain Views

    1.55 acre waterfront lot in Eagle Pointe shores.

    0-Lot Robin Ridge Ct, Pittsville, VA 24139
    View details
    Waterfront Land in Pittsville, VA
    Contact for pricing
    5.22 Acres

    Waterfront Land in Pittsville, VA

    5.22 acres with 50 feet of waterfront access.

    Reservoir View Dr, Pittsville, VA 24139
    View details
    Smith Mountain Lake Resort Opportunity
    $4,999,000
    26.15 Acres

    Smith Mountain Lake Resort Opportunity

    26+ acres with development plans and permits on Smith Mountain Lake.

    750 Penn Hall Rd, Union Hall, VA 24176
    View details
    Waterfront Land with Mountain Views
    $340,000
    2.94 Acres

    Waterfront Land with Mountain Views

    2.94 acres of waterfront land in Franklin County, Virginia.

    Piney Point Rd, Union Hall, VA 24176
    View details

    Penhook, VA Waterfront Land Investment Opportunities Market Analysis

    Explore 4 waterfront land for sale in Penhook, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,867,853 square feet of properties for sale, with an estimated market value of $6,034,950.

    Sale prices for water rights properties in Penhook, VA start at $65,000, averaging $2,011,650, and reaching up to $5,750,000 — 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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