Residential

Penhook, VA Residential Land & Home Lots for Sale

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Wooded Homesite Lot
Updated: Feb 3
Wooded Homesite Lot

Lot 298 Upland Shores Drive, Penhook, VA 24137

$35,000
20,473 sqft
Gently sloping, wooded homesite with mature hardwoods, suitable for building a custom residence
Waters Edge membership is available to purchasers for $35,000 within 30 days of closing
Waters Edge amenities include golf and tennis/pickleball
Waters Edge includes Jr. Olympic and kiddie pools, plus a snack shack
Waters Edge offers a fully equipped exercise center and a dining facility
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Private Cul-de-Sac Home Site
Updated: Nov 23, 2025
Private Cul-de-Sac Home Site

Lot 232 Lake Front Circle, Penhook, VA 24137

Contact for pricing
22,651 sqft
Private cul‑de‑sac lot with mature trees
Walking distance to the community clubhouse and golf amenities
Near pool and tennis court amenities
Also within walking distance of the equestrian center
Active membership included; water access fees and septic are the purchaser’s responsibility
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Land / Unimproved Lot
Land / Unimproved Lot

Lot 218 Hunterwood Circle, Penhook, VA 24137

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33,976 sqft

Residential land & home lots · 33,976 SF

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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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Land / Unimproved Lot
Land / Unimproved Lot

Lot 474 Southwood Drive, Penhook, VA 24137

$699,000
83,199 sqft

Waterfront Land · 83,199 SF

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Land
Land

Lot 218A Hunterwood Cir, Penhook, VA 24137

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Residential land & home lots

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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 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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Corner Lot with Water Views
Corner Lot with Water Views

Lot 12 Birdie Ln, Penhook, VA 24137

$80,000
0.41 AC lot

Residential corner lot featuring water and mountain views.

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Acreage Lot in Upscale Neighborhood
Acreage Lot in Upscale Neighborhood

LOT 23 Mountain Vista Dr, Penhook, VA 24137

$699,900
2.35 AC lot

Acreage lot in upscale residential neighborhood near Smith Mountain.

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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 / Unimproved Lot
Land / Unimproved Lot

Lot 21 Sunview Circle, Moneta, VA 24121

$49,900
37,461 sqft

Waterfront Land · 37,461 SF

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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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Land / Unimproved Lot
Land / Unimproved Lot

Lot 14 Belle Isle Drive, Union Hall, VA 24176

$33,252
77,972 sqft

Residential land & home lots · 77,972 SF

View details
Land / Unimproved Lot
Land / Unimproved Lot

Lot 24 Belle Isle Drive, Union Hall, VA 24176

$42,753
53,143 sqft

Residential land & home lots · 53,143 SF

View details

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

Explore 10 residential land & home lots for sale in Penhook, VA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 304,047 square feet of properties for sale, with an estimated market value of $1,600,900.

Sale prices for home sites in Penhook, VA start at $35,000, averaging $320,180, 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 10
Waterfront Land 7

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 $129.5K

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

Total CRE Inventory on Market (SF)

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