For sale

75 Milestone Ln

Penhook, VA 24137 · The Waters Edge

$997,000

  • 4beds
  • 4baths
  • 4,670sq ft
  • 0.29acres
  • 2005built

Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate

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About this home.

Discover the charm and elegance of this beautiful Nantucket-style Spindrift model, ideally situated in the sought-after Golfers Crossing area of The Waters Edge Country Club community.

From the home and its two spacious, covered porches--one on each level--enjoy breathtaking views of the 18th fairway, country club, and surrounding Blue Ridge Mountains. The inviting interior features a cozy fireplace with gas logs, beautiful hardwood floors, and granite countertops, creating a warm and sophisticated setting for both everyday living and entertaining.

One of the home's most unique features--and something not typically found in other models--is the exceptionally large unfinished area beneath the garage. This versatile space offers endless possibilities and could easily be transformed into a workshop, exercise or fitness room, children's play area, hobby space, or craft studio.

The property also includes deeded boat slip #15 and PWC lifts #3 and #4, providing convenient access to Smith Mountain Lake and making this an ideal home for those who enjoy both golf and lake living.

Membership at The Waters Edge Country Club is available within 30 days of closing and offers an impressive array of amenities, including golf, pickleball, tennis, fine dining, social events and activities, and an equestrian center.

This exceptional property offers the perfect blend of golf, lake, mountain views, country club amenities, and comfortable resort-style living--all in one beautiful setting.

Facts and features.

The home

Type
House (Single Family Residence)
Style
Cottage
Bathrooms
3 full, 2 half

Inside

Basement
Full, Walk-Out Access
Finished basement
2,128 sq ft
Fireplaces
2
Flooring
Carpet, Wood
Appliances
Microwave Oven (Built In), Wall Oven, Dryer, Washer, Cooktop, Dishwasher

Outside and lot

Outdoor features
Tennis Court(s)
View
golf
Lot setting
Level, On Golf Course, Views
Zoning
RPD

Utilities

Heating
Zoned, Heat Pump Electric
Cooling
Heat Pump Electric, Zoned

Community

Subdivision
The Waters Edge
HOA dues
$870 monthly
Community features
Marina Access, Private Golf
County
Franklin County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #924590

Price and status history.

275

days on market

DateEventPrice
Feb 11, 2026Listed for sale$997,000

Price per square foot

This home$213
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. 41% below the median.

Location.

75 Milestone Ln, Penhook, VA 24137

Estimate a monthly payment.

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

$6,311/mo

Principal and interest
$5,041
Property tax
$300
Home insurance
$100
HOA dues
$870

Loan amount $797,600

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

From the listing. Taxes can change after a sale.

Example. Use your quote.

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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