Sold

40 Bay Front Rd

Penhook, VA 24137 · The Waters Edge

Sold for $645,000

on Dec 23, 2025

  • 4beds
  • 3.5baths
  • 3,602sq ft
  • 0.81acres
  • 1990built

Listed by Wainwright & Co., REALTORS®- Lake

About this home.

For the first time in 30 years, this inviting lake-view home is available in the highly desirable Water's Edge neighborhood. Located on a beautifully landscaped lot with mature trees, outdoor gardens, and stunning views of the lake, this property offers both privacy and natural beauty in a truly special setting.

The home exudes a charm and authenticity that's increasingly rare. The open floor plan features a soaring great room with cathedral ceilings and a

fireplace with stone hearth, flowing effortlessly into a spacious kitchen designed for both everyday living and entertaining.

A separate dining room allows for large family gathering, while the main-level primary suite includes lake views, a walk-in closet, and a calming sense of retreat. Two additional bedrooms complete the main floor. The finished walk-out lower level provides remarkable flexibility, ideal for guests or multigenerational living. It includes a full second kitchen, large recreation room with fireplace, bedroom, office, and 1.5 baths. The interior has just been freshly painted and is ready for you to move in and enjoy!

Outdoor living is just as appealing, with a screened porch, expansive deck, and patio all offering serene spaces to relax or gather with friends, surrounded by gardens and views of the lake.

Fully immerse yourself in the community by joining The Water's Edge Country Club and its renowned amenities including golf, equestrian, pool, tennis, restaurant and more. The Water's Edge golf course stands as a premier attraction of our lakefront community. This 18-hole, PGA Championship course was masterfully designed by the late R.F. Loving Jr., ASGC a nationally acclaimed golf course architect known for his visionary layouts and meticulous craftsmanship. Membership at The Water's Edge includes automatic enrollment in the prestigious McConnell Golf network. As a McConnell Golf member, you and your family gain access to an exclusive collection of private golf and country clubs across the region offering world-class amenities, championship-level courses, and a community of fellow golf enthusiasts. Current owner has an active country club membership.

Don't miss your chance to see this wonderful home.

Facts and features.

The home

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

Inside

Basement
Full, Walk-Out Access
Finished basement
1,544 sq ft
Flooring
Carpet, Tile, Wood
Interior features
Walk-In Closet(s), Ceiling Fan(s), Cathedral Ceiling(s)

Outside and lot

View
lake
Lot setting
Gentle Sloping
Zoning
RPD

Utilities

Heating
Heat Pump Electric
Cooling
Heat Pump Electric
Water source
Public

Community

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

The listing

Annual tax
$2,588 (from the listing)
Source
Roanoke Valley Association of REALTORS® MLS #919478

Price and status history.

93

days on market

86%

of the original asking price

DateEventPrice
Dec 23, 2025Sold$645,000
Jul 24, 2025Listed for sale$750,000

Price per square foot

This home$179
Penhook house median, 2025$380

Sale price per finished square foot, compared with the median of 5 houses sold in Penhook in 2025. 53% below the median.

Location.

40 Bay Front Rd, Penhook, VA 24137

Listing information

Listing courtesy of Wainwright & Co., REALTORS®- Lake.

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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