For sale
Lot 474 Southwood Dr
Penhook, VA 24137 · The Waters Edge
$699,000
- 1.9acres
Listed by Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
About this land.
This beautiful waterfront lot on Smith Mountain Lake has it all! Almost 2 acres, view of Smith Mountain, adjoining 4 acres of open space, two locations for drainfields that will accommodate a seven bedroom house, part open and part wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership.
Facts and features.
The land
- Type
- Land (Unimproved Lot)
Outside and lot
- Water
- Riprap Shoreline
- Zoning
- A1
Community
- Subdivision
- The Waters Edge
- HOA dues
- $140 annually
- County
- Franklin County
The listing
- Annual tax
- $1,177 (from the listing)
- Source
- Roanoke Valley Association of REALTORS® MLS #912548
Price and status history.
725
days on market
| Date | Event | Price |
|---|---|---|
| Nov 18, 2024 | Listed for sale | $699,000 |
Location.
Lot 474 Southwood Dr, Penhook, VA 24137
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.
$749,500, price reduced by $50K
7.8 acresLand
13A-1 Waters Edge Dr, Penhook
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
$699,900
2.4 acresLand
Lot 23 Mountain Vista Dr, Penhook
Listing courtesy of Watermark Realty LLC
$649,900
1.2 acresLand
Lot 4 Sweetwater Bay Dr, Penhook
Listing courtesy of Exp Realty, LLC - Union Hall
$749,000, price reduced by $100K
5.2 acresLand
Lot 28 Hidden Treasures Ln, Union Hall
Listing courtesy of RE/MAX Lakefront Realty Inc
Nearby sales, last 12 months.
Sold Sep 28, 2026
$33,250
0.6 acresLand
0 Bull Run Dr, Penhook
17% under asking, 44 days on market
Listing courtesy of RE/MAX Lakefront Realty Inc
Sold Oct 14, 2026
$860,000
0.62 acresLand
Lot 432 Bridleridge Rd, Penhook
4% under asking, 32 days on market
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate
Sold Mar 12, 2026
$335,000
3 bd2 ba1,400 sq ft
971 Waters Edge Dr, Penhook
7% under asking, 184 days on market
Listing courtesy of RE/MAX Lakefront Realty Inc
Sold Dec 1, 2025
$2,725,000
5 bd6 ba7,162 sq ft
54 Bay View Cir, Penhook
15% under asking, 111 days on market
Listing courtesy of Berkshire Hathaway Homeservices Smith Mountain Lake Real Estate