Waterfront

Penhook, VA Waterfront Land for Sale

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Sandy Level, VA Union Hall, VA Moneta, VA Huddleston, VA Chatham, VA Wirtz, VA Glade Hill, VA Pittsville, VA
10 properties
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Waterfront Land With Boat Dock
Updated: Jul 2
Waterfront Land With Boat Dock

365 Hardy Rd, Penhook, VA 24137

$1,950,000
1.45 AC lot
Two combined waterfront lots totaling 1.45+/- acres
330 Ft. of rip‑rapped shoreline
Custom boat dock with cabana
Well & Septic installed
Wide water channel and Smith Mountain views
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Waterfront Land Parcel
Updated: Aug 13
Waterfront Land Parcel

0 365 Hardy Rd, Penhook, VA 24137

$1,950,000
63,162 sqft
Waterfront land parcel
63,162 stated property size
Located at 0 365 Hardy Rd, Penhook, VA 24137
MLS 368567
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Agricultural Farm with Pasture
Agricultural Farm with Pasture

2359 Sago Road, Penhook, VA 24137

$635,000
4,280,205 sqft

Fenced pasture, forest trails, ponds, streams, and a cottage home create a varied agricultural land offering.

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Land / Unimproved Lot
Land / Unimproved Lot

Lot 454 East Pointe Drive, Penhook, VA 24137

$199,900
33,541 sqft

Waterfront Land · 33,541 SF

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Land / Unimproved Lot
Land / Unimproved Lot

Lot 236 Marina Bay Drive, Penhook, VA 24137

$249,900
27,878 sqft

Residential land & home lots · 27,878 SF

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Wooded Waterfront Lot with Water Access
Wooded Waterfront Lot with Water Access

Lot 377 Morgans Mill Drive, Penhook, VA 24137

$49,900
31,798 sqft

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

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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
Land

Lot 297 Morgans Mill Dr, Penhook, VA 24137

$32,000

Waterfront Land

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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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Land
Land

LOT 15 PENHOOK POINT, Penhook, VA 24137

Contact for pricing

Waterfront Land

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Penhook, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

LAND - Huddleston, VA
LAND - Huddleston, VA

Eastlake Pointe Dr lot: 5, Huddleston, VA 24104

$1,599,000
1.20 AC lot

Waterfront Land · 1.20 Acres

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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

$749,000
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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Build-Ready Waterfront Homesite
Build-Ready Waterfront Homesite

Sigh N Pine Rd lot: 3, Huddleston, VA 24104

$699,999
0.64 AC lot

Build-ready waterfront land with about 110 feet of dockable shoreline, a new stationary dock, and a valid 4-bedroom septic permit.

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Penhook, VA Waterfront Land Market Trends and Statistics

Explore 10 waterfront land for sale in Penhook, VA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 4,499,746 square feet of properties for sale, with an estimated market value of $5,296,500.

Sale prices for water rights properties in Penhook, VA start at $32,000, averaging $588,500, 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

Residential land & home lots 16
Waterfront Land 10
Commercial land 1
Hunting 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 $629.9K

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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