Residential

Penhook, VA Residential Land & Home Lots for Sale

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LAND - Penhook, VA
Updated: Jul 17
LAND - Penhook, VA

Bull Run Dr, Penhook, VA 24137

$39,900
0.60 AC lot
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LAND - Penhook, VA
Updated: Aug 3
LAND - Penhook, VA

Country Oak Rd, Penhook, VA 24137

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3.74 AC lot
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Deep Water Waterfront Building Lot
Deep Water Waterfront Building Lot

Lot 1 Sweetwater Bay Drive, Penhook, VA 24137

$219,950
22,651 sqft

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

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Wooded Homesite Lot
Wooded Homesite Lot

Lot 298 Upland Shores Drive, Penhook, VA 24137

$35,000
20,473 sqft

Gently sloping, wooded lot with mature hardwoods, suitable for building a custom residence.

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Wooded Lot Near Country Club
Wooded Lot Near Country Club

Lot 405 Mountain Shore Drive, Penhook, VA 24137

$35,000
26,136 sqft 0.60 AC lot

Wooded building lot with water access and club amenities.

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Golf Course Homesite Lot
Golf Course Homesite Lot

LOT 473 Southwood Dr, Penhook, VA 24137

$87,000

Homesite is positioned along greenspace with views of the #3 green and fairway.

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Wooded Cul-de-Sac Building Lot
Wooded Cul-de-Sac Building Lot

Lot 273 Niblicks Circle, Penhook, VA 24137

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23,522 sqft

Wooded building lot in a country club community, situated on a quiet cul-de-sac with walking access to the clubhouse.

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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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Private Cul-de-Sac Home Site
Private Cul-de-Sac Home Site

Lot 232 Lake Front Cir, Penhook, VA 24137

$32,500

Private cul-de-sac lot with mature trees, near community clubhouse, golf, pool, tennis, and equestrian center amenities.

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Corner Lot with Water Views
Corner Lot with Water Views

Lot 12 Birdie Lane, Penhook, VA 24137

$80,000
17,859 sqft 0.41 AC lot

Residential corner lot featuring water and mountain views.

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Residential Building Lot
Residential Building Lot

284 Cross Tower Dr, Penhook, VA 24137

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Residential building lot with corners marked and RPD zoning.

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Hunting and Recreation Land
Hunting and Recreation Land

19111 Snow Creek Rd, Penhook, VA 24137

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Laying land suited for hunting and recreation, with potential for multiple homesites.

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Wooded Building Lot in Golf Community
Wooded Building Lot in Golf Community

Lot 273 Loving Cir, Penhook, VA 24137

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Wooded cul-de-sac lot in The Waters Edge CC community with a short walk to the country club.

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Acreage Lot in Upscale Neighborhood
Acreage Lot in Upscale Neighborhood

Lot 23 Mountain Vista Drive, Penhook, VA 24137

$699,900
102,366 sqft 2.35 AC lot

Acreage lot in upscale residential neighborhood near Smith Mountain.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 14 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 - Moneta, VA
LAND - Moneta, VA

Compass Cove Cir lot: 7, Moneta, VA 24121

$899,900
0.74 AC lot

Land · 0.74 Acres

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Residential Building Lot with Trees
Residential Building Lot with Trees

Lot 12 Belle Isle Drive, Union Hall, VA 24176

$33,252
71,002 sqft 1.63 AC lot

Building lot with trees in newer section of Highland Lake.

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LAND - Moneta, VA
LAND - Moneta, VA

Sunview Cir lot: 21, Moneta, VA 24121

$49,900
0.86 AC lot

Residential land & home lots · 0.86 Acres

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Wooded Residential Building Lot
Wooded Residential Building Lot

Lot 21 Belle Isle Dr, Union Hall, VA 24176

$42,753

Wooded building lot in a planned community with a community boat ramp and storage area access.

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Penhook, VA Residential Land & Home Lots Market Trends and Statistics

Explore 14 residential land & home lots for sale in Penhook, VA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 433,856 square feet of properties for sale, with an estimated market value of $1,279,150.

Sale prices for home sites in Penhook, VA start at $32,500, averaging $142,127, and reaching up to $699,900 — 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 12
Waterfront Land 5
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 $44K

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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