For sale

Lot 4 Sweetwater Bay Dr

Penhook, VA 24137 · Sanctuary Bay

$649,900

  • 1.2acres

Listed by Exp Realty, LLC - Union Hall

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About this land.

Discover an extraordinary opportunity to build your custom lakefront estate in The Sanctuary at Smith Mountain Lake. Private and serene, this exceptional estate lot in the Sanctuary Bay section is ideally positioned near the end of a quiet cul-de-sac and spans over one acre. Featuring breathtaking protected views, deep-water frontage with room for an expansive dock, and unparalleled privacy near the base of iconic Smith Mountain. Located in Pittsylvania County, the property features a pre-approved building site, pre-approved three bedroom private septic system, and community water, providing a seamless foundation for your future lakefront retreat. Set amongst stunning multi-million-dollar homes in one of Smith Mountain Lake's most exclusive communities, this expansive homesite is perfectly suited for creating a luxury retreat with sweeping indoor-outdoor living spaces designed to capture the breathtaking lake and mountain vistas. Tucked within a deep-water cove, enjoy calm waters, scenic beauty, and the ultimate lake lifestyle year-round. Short-term rentals are allowed, offering exceptional flexibility for personal enjoyment or investment potential. Located on the desirable Penhook side of the lake, this property is convenient to marinas, waterfront dining, and all that Smith Mountain Lake has to offer while still maintaining a peaceful and private setting. Conveniently located less than two hours from Raleigh, Durham, and Cary, NC, and under four hours from Northern Virginia, this property offers an effortless escape from city life while remaining easily accessible for weekend getaways or full-time luxury living. For those seeking elevated amenities, the property is just two miles from The Water's Edge Country Club, where a limited number of non-resident memberships may be available. As part of the renowned McConnell Golf network, members enjoy access to 16 premier golf and country club properties throughout the region.

Facts and features.

The land

Type
Land (Unimproved Lot)

Outside and lot

View
lake
Lot setting
Varied, Sloped Down
Water
Cove

Community

Subdivision
Sanctuary Bay
HOA dues
None
County
Pittsylvania County

The listing

Annual tax
$1,200 (from the listing)
Source
Roanoke Valley Association of REALTORS® MLS #927814

Price and status history.

175

days on market

DateEventPrice
May 22, 2026Listed for sale$649,900

Location.

Lot 4 Sweetwater Bay Dr, Penhook, VA 24137

Listing information

Listing courtesy of Exp Realty, LLC - Union Hall.

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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