Sold

118 Lakeport Cir

Penhook, VA 24137 · Sanctuary Pointe

Sold for $4,999,000

on Jun 26, 2026

  • 5beds
  • 6baths
  • 6,158sq ft
  • 0.58acres
  • 2026built

Listed by Exp Realty, LLC - Union Hall

About this home.

Summer 2026 Delivery! 118 Lakeport Circle represents the future of luxury real estate at Smith Mountain Lake. Built by Sole Source Solution, Luxury Homes. Welcome to Sanctuary Pointe, Smith Mountain Lake's most elite new waterfront enclave! A place where architectural excellence meets stunning mountain views. Dubbed ''The Lake Tahoe of the East,'' Smith Mountain Lake offers a rare combination of mountain grandeur and lakeside serenity. This new-construction estate spans over 6,100 square feet of refined contemporary living. Perfectly nestled on a rare, FLAT lot along a wide, peaceful cove, this legacy home commands breathtaking panoramic views of both Smith Mountain and the Blue Ridge Mountains- among the most iconic vistas in the entire region. Designed for the discerning buyer who values innovation, craftsmanship, and connection to nature, this property represents the pinnacle of lakeside living. From the moment you step inside, the home's design philosophy is immediately clear: every detail exists to frame the natural beauty that surrounds it. Walls of glass stretch toward the horizon, capturing the ever-changing light across the lake and mountains. Over 6,150 square feet of superior-quality construction features five stunning luxury bedrooms with en-suites, each designed with privacy and panoramic views in mind. Additional flex spaces can be easily tailored into guest retreats, bunk rooms, home offices, a gym, or entertainment lounges, offering versatility for every lifestyle. An elegant elevator ensures effortless access across three levels, while a spacious three-car garage provides convenience and storage. Smart home technology, motion-sensor lighting, and a state-of-the-art security camera system enhance both comfort and peace of mind. The home's whole-house AV and surround sound system delivers a seamless sensory experience, perfect for entertaining or quiet evenings by the water. Every inch reflects superior craftsmanship and thoughtful engineering from energy-efficient 2x6 exterior walls with spray foam insulation to Pella Lifestyle windows that transform each view into a work of art. The estate's layout celebrates indoor-outdoor living at its finest. An expansive covered porch, gorgeous patios, and maintenance-free decks create fluid transitions between interior and exterior spaces, allowing you to savor the lake's beauty from sunrise to sunset. The private dock offers plenty of stationary and floater space to relax, a boat lift, and dual jet ski docks, designed for both recreation and socialization. The flat lot provides easy access to the water, making it perfect for entertaining, swimming, or simply enjoying the calm rhythm of the cove. Situated in The Sanctuary Pointe section of The Sanctuary, a new, exclusive community of luxury homes at Smith Mountain Lake, this property offers privacy and prestige. For more amenities, just two miles away lies The Water's Edge Country Club. Non-resident memberships are available for purchase, offering access to championship golf, fine dining, resort pool, tennis & pickleball courts, fitness facilities, and an active social calendar. The Water's Edge is a McConnell Golf country club, connecting 17 private country clubs across Virginia, North Carolina, and Tennessee. Beyond the gates of The Sanctuary, life at Smith Mountain Lake unfolds with effortless charm. Local marinas, waterfront dining, and boutique shopping are all nearby. Several regional and local airports are within an hour. In this home, cutting-edge technology meets timeless elegance, and every design element honors the surrounding natural beauty. From its walls of glass and energy-efficient construction to its panoramic views of Smith Mountain, the Blue Ridge mountains, and the lake, this property captures the very essence of refined waterfront living. Every sunrise glows with possibility. Every sunset marks another day spent in the serenity of The Sanctuary. This is a home built to last, designed to inspire, and destined to become one of Smith Mountain Lake's most distinguished legacy estates.

Facts and features.

The home

Type
House (Single Family Residence)
Style
Other - See Remarks, Contemporary, Patio
New construction
Yes
Bathrooms
5 full, 2 half
Levels
2 stories

Inside

Fireplaces
1
Appliances
Other - See Remarks, In-House Stereo, Wall Oven
Interior features
Other - See Remarks, Wired For Data, Wired for Sound, Walk-In Closet(s), Wet Bar

Outside and lot

Outdoor features
Nat Gas Line Outdoor, Other - See Remarks
View
lake
Lot setting
Level, Views
Water
Cove, Riprap Shoreline

Utilities

Heating
Zoned, Heat Pump Electric, Gas Propane
Cooling
Other - See Remarks, Heat Pump Electric, Zoned

Community

Subdivision
Sanctuary Pointe
HOA dues
None
County
Pittsylvania County

The listing

Annual tax
$19,999 (from the listing)
Source
Roanoke Valley Association of REALTORS® MLS #922325

Price and status history.

202

days on market

100%

of the original asking price

DateEventPrice
Jun 26, 2026Sold$4,999,000
Oct 30, 2025Listed for sale$4,999,000

Price per square foot

This home$812
Penhook house median, 2026$352

Sale price per finished square foot, compared with the median of 23 houses sold in Penhook in 2026. 130% above the median.

Location.

118 Lakeport Cir, Penhook, VA 24137

Listing information

Listing courtesy of Exp Realty, LLC - Union Hall.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

Own a home nearby?

What's yours worth?

Sales like this one set the price of the homes around it. Tell us about yours, and we will prepare an estimate from recent nearby sales.

Get a home value estimate