For sale
51 Island View Dr
Penhook, VA 24137 · The Waters Edge
$2,800,000, Reduced $150,000
- 5beds
- 5.5baths
- 5,880sq ft
- 0.75acres
- 2026built
Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
About this home.
Experience exceptional Smith Mountain Lake living in this stunning new construction waterfront home in The Water's Edge. Offering 5 bedrooms, 5.5 baths and 5,880 finished sq. ft. across three beautifully appointed levels, the home features a private master suite on each floor. The open-concept main level showcases hardwood floors, custom built-ins, multiple fireplaces and a gourmet kitchen with Wolf, Sub-Zero and Cove appliances, quartz countertops, custom maple cabinetry and a 10-foot island. Enjoy a screened porch with fireplace overlooking the lake, lake-level kitchenette, heated tile floors, exceptional storage and an EV-ready two-car garage. Professionally landscaped grounds feature irrigation, lighting, paver patios, firepit and a private dock with boat and PWC lifts. Luxury, craftsmanship and lake living come together beautifully in this exceptional new home.
Facts and features.
The home
- Type
- House (Single Family Residence)
- Style
- Contemporary
- New construction
- Yes
- Bathrooms
- 5 full, 1 half
Inside
- Basement
- Full, Walk-Out Access
- Finished basement
- 1,975 sq ft
- Fireplaces
- 2
- Flooring
- Tile, Wood
- Appliances
- Dryer, Washer, Refrigerator
- Interior features
- Walk-In Closet(s), Ceiling Fan(s), Bookcases, Storage
Outside and lot
- View
- lake
- Lot setting
- Gentle Sloping
- Water
- Cove, Riprap Shoreline
- Zoning
- RPD
Utilities
- Heating
- Heat Pump Electric
- Cooling
- Heat Pump Electric
Community
- Subdivision
- The Waters Edge
- HOA dues
- $240 annually
- Community features
- Common Pool, Private Golf
- County
- Franklin County
The listing
- Source
- Roanoke Valley Association of REALTORS® MLS #929958
Price and status history.
105
days on market
| Date | Event | Price |
|---|---|---|
| Nov 11, 2026 | Price reduced | $2,800,000 |
| Jul 31, 2026 | Listed for sale | $2,950,000 |
Price per square foot
Asking price per finished square foot, compared with the median of 30 houses sold in Penhook in the last 12 months. 32% above the median.
Location.
51 Island View Dr, Penhook, VA 24137
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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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