For sale

197 Mountain Shore Dr

Penhook, VA 24137 · The Waters Edge

$2,435,000

  • 4beds
  • 4.5baths
  • 3,925sq ft
  • 0.51acres
  • 2026built

Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate

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About this home.

Imagine waking up to a beautiful sunrise over Smith Mountain and lake views, then unwinding in the afternoon shade on your covered porch. This custom-built home by Sole Source solution delivers luxury craftsmanship at every turn, framed by spectacular mountain views from every level. Designed for comfort and efficiency, the home features 9 ft ceilings on the main and upper levels and 10ft ceilings on the lower level, filling each space with natural light. Built with 2 x 6 exterior walls and fully insulated from rafters to ceiling, the home offers exceptional year-round comfort. An inground propane tank supports the on-demand hot water heater, gas fireplace, Cafe range, and a standby emergency generator with automatic switchgear-ensuring uninterrupted lake living and peace of mind. High-efficiency windows and doors, along with solid interior doors, reinforce the home's quality. Enjoy true main-floor living with a convenient laundry area and a spacious primary ensuite. The lower level is an entertainer's dream, complete with a custom wet bar, built-in cabinetry, and walkout access to beautiful outdoor living spaces. A freshly custom built dock offers maintenance-fee composite decking, powder-coated aluminum handrails, aluminum step ladder, dock-level storage and a gated diving area. Deep water ensures ideal conditions for a tritoon boat slip and swimming. The professionally designed and landscaped yard showcases a stamped concrete driveway, lush plantings maintained by an automatic irrigation system, and extensive hardscaping. Lighted pathways lead to a welcoming lower-level firepit area, perfect for evening gatherings. Every detail of this home has been thoughfully crafted to elevate lake living. Come experience the quality, comfort and beauty that defines this exceptional property.

(Taxes estimated)

Facts and features.

The home

Type
House (Single Family Residence)
Style
Contemporary
Bathrooms
4 full, 1 half

Inside

Basement
Full
Finished basement
1,309 sq ft
Fireplaces
1
Flooring
Tile, Wood
Appliances
Microwave Oven (Built In), Dryer, Washer, Dishwasher, Gas Range, Range Hood, Refrigerator
Interior features
Walk-In Closet(s), Ceiling Fan(s), Wet Bar

Outside and lot

Outdoor features
Other - See Remarks
View
lake
Lot setting
Cul-De-Sac, Sloped Down
Water
Cove, Main Channel

Utilities

Heating
Zoned, Heat Pump Electric
Cooling
Heat Pump Electric, Zoned
Water source
Public

Community

Subdivision
The Waters Edge
HOA dues
$200 annually
Community features
Private Golf, Restaurant
County
Franklin County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #929297

Price and status history.

128

days on market

DateEventPrice
Jul 8, 2026Listed for sale$2,435,000

Price per square foot

This home$620
Penhook house median$360

Asking price per finished square foot, compared with the median of 30 houses sold in Penhook in the last 12 months. 72% above the median.

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$12,805/mo

Principal and interest
$12,313
Property tax
$375
Home insurance
$100
HOA dues
$17

Loan amount $1,948,000

Example rate only. Change it to the rate a lender offers you.

From the listing. Taxes can change after a sale.

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From the listing.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate.

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.

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