For sale
30 Island Green Cir 22
Penhook, VA 24137 · The Waters Edge
$1,185,000, Reduced $110,000
- 4beds
- 3.5baths
- 3,748sq ft
- 0.14acres
- 1990built
Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
About this home.
Townhome Living at Its Best -- Lakefront, Golf & Resort-Style Amenities Enjoy the best of lakefront living in this beautifully maintained four-bedroom, 3.1-bath townhome in the desirable Island Green neighborhood of The Water's Edge Country Club. With beautiful lake views, a peaceful setting, and a boat dock and slip just a short walk away, this home offers an exceptional opportunity to enjoy the lake, golf, and country club lifestyle.
The home is ideally situated on a large, quiet cove within an expansive cove, creating a wonderful setting for swimming, kayaking, paddleboarding, and spending time on the water with family and friends. The protected location provides added peace of mind when children and grandchildren are enjoying the lake, while still offering easy access for boating.
Inside, the open and inviting floor plan provides plenty of room for family and guests. The kitchen features beautiful cherry cabinetry, while the lower level has been enhanced with new LVT flooring and an updated bar area, creating a comfortable space for entertaining or relaxing after a day on the lake or golf course.
The flexible floor plan is currently a four-bedroom home. The spacious upper-level loft provides additional versatility and could easily serve as an office, craft room, reading area, or children's play space. The lower level includes two bedrooms, a comfortable family room, and the inviting bar area.
Multiple outdoor living spaces take full advantage of the beautiful lake setting. The large enclosed upper porch, complete with sliding glass doors and screens, provides a comfortable space to enjoy the outdoors in a variety of seasons. An additional open upper porch and spacious lower deck with ceiling fans offer plenty of room for entertaining, relaxing, and enjoying peaceful evenings overlooking the water.
Golf enthusiasts will appreciate the home's convenient location near the #7 signature hole, while the nearby boat dock makes getting out on the lake quick and easy.
Perhaps best of all, Island Green Property (IGP) takes care of the exterior maintenance, including the mowing and outdoor upkeep, allowing you to spend less time working around the house and more time enjoying everything The Water's Edge has to offer. Imagine simply arriving, relaxing, and enjoying the lifestyle--with golf, dining, swimming, tennis, pickleball, the equestrian center, and the lake all at your fingertips.
This is more than a townhome--it is an opportunity to embrace a carefree lake and country club lifestyle in a beautiful, peaceful setting. Simply bring your boat, family, and friends and start enjoying all that Smith Mountain Lake and The Water's Edge have to offer.
Facts and features.
The home
- Type
- Townhome
- Bathrooms
- 3 full, 1 half
Inside
- Basement
- Full, Walk-Out Access
- Finished basement
- 1,719 sq ft
- Fireplaces
- 2
- Flooring
- Carpet, Wood
- Appliances
- Wall Oven, Dryer, Washer, Electric Range, Refrigerator
- Interior features
- Walk-In Closet(s), Ceiling Fan(s), Cathedral Ceiling(s), Storage, Wet Bar
Outside and lot
- View
- lake
- Lot setting
- Level, Gentle Sloping
- Water
- Cove, No Wake Area, Riprap Shoreline
- Zoning
- RPD
Utilities
- Heating
- Heat Pump Electric
- Cooling
- Heat Pump Electric
Community
- Subdivision
- The Waters Edge
- HOA dues
- $667 monthly
- Community features
- Tennis Court(s), Private Golf
- County
- Franklin County
The listing
- Source
- Roanoke Valley Association of REALTORS® MLS #918287
Price and status history.
515
days on market
| Date | Event | Price |
|---|---|---|
| Oct 29, 2026 | Price reduced | $1,185,000 |
| Sep 4, 2026 | Back on the market | Same price |
| Sep 2, 2026 | Listing expired | $1,225,000 |
| Jun 16, 2025 | Listed for sale | $1,295,000 |
Price per square foot
Asking price per finished square foot, compared with the median of 367 townhomes sold in the region in the last 12 months. 71% above the median.
Location.
30 Island Green Cir 22, Penhook, VA 24137
Estimate a monthly payment.
Every number below is yours to change. The interest rate is an example, not a quote.
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.
See it in person.
Request a tour.
Pick a day and a time. A GRAVITY agent will reach out to confirm.
Ask a question.
Ask about the home, the neighborhood or the next steps. A GRAVITY agent will reply by email or phone.
Similar homes for sale.
$1,399,000
4 bd4.5 ba3,425 sq ft
140 Island Green Cir, Penhook
Listing courtesy of Nexthome New River Valley
$1,185,000
3 bd3 ba2,639 sq ft
897 Ashmeade Rd, Moneta
Listing courtesy of Deb Beran Properties
$1,049,000
3 bd3.5 ba2,325 sq ft
454 Anchor Dr # 5-B Unit 5B, Moneta
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
$975,000, price reduced by $20K
5 bd4 ba3,932 sq ft
355 Haley Scott Dr, Union Hall
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
Nearby sales, last 12 months.
$759,000
4 bd4 ba3,422 sq ft
160 Island Green Dr 8, Penhook
5% under asking, 2 days on market
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
$2,150,000
5 bd4.5 ba4,764 sq ft
125 Grande Villa Dr, Penhook
6% under asking, 320 days on market
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
$350,000
2 bd2 ba1,300 sq ft
127 Village Green Dr, Penhook
8% under asking, 171 days on market
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
$3,000,000
6 bd6 ba6,654 sq ft
2650 Waters Edge Dr, Penhook
18% under asking, 393 days on market
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate