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Smith Mountain Lake Real Estate for Sale

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200 Sweetwater Bay DR, Penhook, VA 24137 (MLS# 928704)

200 Sweetwater Bay DR, Penhook, VA 24137

New Listing
$2,495,000
079-DJI_20260415170952_0029_D 082-DJI_20260415171054_0032_D 29-DJI_20251108033908_0081_D 013-MIB01770 012-MIB01767 003-MIB01740 005-MIB01746 009-MIB01758 006-MIB01749 014-MIB01773 029-MIB01818 027-MIB01812 044-MIB01863 038-MIB01845 036-MIB01839 017-MIB01782 018-MIB01785 019-MIB01788 016-MIB01779 021-MIB01794 045-MIB01866 050-MIB01881 046-MIB01869 049-MIB01878 047-MIB01872 041-MIB01854 051-MIB01884 039-MIB01848 024-MIB01803 025-MIB01806 058-MIB01905 035-MIB01836 032-MIB01827 034-MIB01833 067-MIB01932 052-MIB01887 056-MIB01899 055-MIB01896 057-MIB01902 065-MIB01926 084-DJI_20260415171144_0034_D 060-MIB01911 063-MIB01920 28-DJI_20251108033744_0080_D 27-DJI_20251108033656_0079_D 38-DJI_20251108032427_0048_D 41-DJI_20251108032348_0045_D 12-DJI_20251108032840_0061_D 11-DJI_20251108032822_0060_D 08-DJI_20251108032742_0057_D 05-DJI_20251108032650_0053_D 02-DJI_20251108032525_0049_D 01-DJI_20251108032235_0041_D 001-DJI_20260415170736_0025_DFF 002-DJI_20260415170736_0025_D
Property Type: Residential Bedrooms: 9 Baths: 6 Square Footage: 3,941 Lot Size (sq. ft.): 49,658 Status: Active
Current Price: $2,495,000 List Date: 6/22/2026 Last Modified: 6/22/2026

Overview

Description

WATERFRONT LUXURY IN ONE OF SMITH MOUNTAIN LAKE'S MOST SOUGHT-AFTER LOCATIONS - SHORT-TERM RENTABLE! Experience the pinnacle of lakefront living in this exceptional newly constructed waterfront retreat, perfectly located on a flat lot with crystal-clear water, expansive shoreline views, and outstanding rental potential. Projected to generate over $350,000 annually in rental income, this property offers a rare opportunity to own both a high-performing investment and an unforgettable private retreat. Designed with timeless Craftsman architecture, this stunning home features 9 spacious bedrooms and 6 full bathrooms, supported by an 8-bedroom septic system and a community-maintained offsite well.

Supplements: Premium exterior finishes include durable cementitious siding, ensuring lasting beauty and low-maintenance ownership for years to come. Inside, the thoughtfully designed open-concept floor plan showcases soaring vaulted shiplap ceilings, abundant natural light, and luxury finishes throughout. The gourmet kitchen is the heart of the home, featuring ... (Read more) Premium exterior finishes include durable cementitious siding, ensuring lasting beauty and low-maintenance ownership for years to come. Inside, the thoughtfully designed open-concept floor plan showcases soaring vaulted shiplap ceilings, abundant natural light, and luxury finishes throughout. The gourmet kitchen is the heart of the home, featuring custom cabinetry, a farmhouse sink, designer vent hood, and generous gathering space that flows seamlessly to the covered outdoor dining porch--perfect for entertaining family and guests. Every detail has been carefully curated, from beautifully tiled showers throughout the home to the luxurious primary suite, where a spa-inspired bath offers a walk-in shower and tranquil lake views. Expansive covered porches create additional living space, complete with cedar tongue-and-groove ceilings, a stone fireplace, and television, allowing you to enjoy the lake in every season. Outdoor amenities are equally impressive. Relax by the heated saltwater pool with Omni Smart controls, unwind in the Hot Springs 8-person hot tub overlooking the water, or entertain effortlessly in the poolside recreation room and wet bar, accessed through stunning cascading glass doors that blur the line between indoor and outdoor living. For boating enthusiasts, the large covered dock is designed for making memories, featuring an upper-level party deck, enclosed bar area, and ample space for lounging, entertaining, and enjoying breathtaking sunsets over the lake. Modern smart-home conveniences, including smart thermostats and integrated technology systems, enhance comfort and efficiency throughout the property. Combining superior craftsmanship, luxury amenities, cutting-edge technology, and an unparalleled waterfront setting, this remarkable home embodies the very best of Smith Mountain Lake living. Opportunities like this are truly once in a lifetime. Buyers and Buyer's Agent to independently verify all property information. Interior and exterior photos shown are of the model home upon which this home is being built.

Listing Details MLS# 928704

Location, Tax & Legal

Area
1690 - SML Pittsylvania County
Street Number
200
Street Name
Sweetwater Bay
Street Suffix
DR
State/Province
VA
Zip Code
24137
Subdivision
Sanctuary Village
Municipality
Pittsylvania County
Elementary School
Other - See Remarks
Middle School
Other - See Remarks
High School
Other - See Remarks
Major Area
16 - Pittsylvania County
Phase
0
Lot
19
Block
No
Tax ID
1563-74-5134
Annual Taxes
1833
Section
No
POA Y/N
No

General Property Description

Property Sub-Type
Single Family Residence
Residential Type
Detached
Construction Status
Under Construction
Year Built
2025
Total Bdrm
9
Total Bths
6
Total F Baths
6
Entry Above Grd Fin SQFT
1408
Upper Above Grd Fin SQFT
522
Lower Below Grd Fin SQFT
2011
Total Fnshd SqFt
3941
Total Above Grd Fin SQFT
1930
Grand Total Attached SQFT
3941
Basement Y/N
Yes
Prim. Covered Prking
N/A
Add'l Covered Prkng
Not Applicable
Lot Dimensions
1.14
Total Acreage
1.14
Water Class
Waterfront Property
Water ID
Smith Mtn Lake
Length of Waterfront
150
Other Above Grd Fin SQFT
0
Total Unfin SQFT
0
Total Cov'd Prk Spc
0

Primary Bedrooms

Primary BR Entry Lvl
Yes

Bedrooms

BR Entry Level
2
BR Upper Level
2
BR Lower Level
5

Full Baths

Full Baths Entry Lvl
2
Full Baths Upper Lvl
Yes
Full Baths Lower Lvl
3

More Information

Laundry

Laundry Entry Level
Yes

Remarks & Misc

Directions
Old Franklin Tpke. to left on Old Mountain rd left on Smith mt. Rd. to right onto Sanctuary Bay rd to end, property on Left

Style of House

1.5 Story
Yes
Contemporary
Yes

Limited Service

Not Limited Service
Yes

Lot Description

Level
Yes
Secluded
Yes

Construction

Other - See Remarks
Yes

Basement

Partial
Yes
Walk-Out Access
Yes

Heating

Heat Pump Electric
Yes

Cooling

Heat Pump Electric
Yes

Water Description

Private Well
Yes

Sewer Description

Private Septic
Yes

Floors

Tile - i.e. ceramic
Yes

Property Features

Style of House: 1.5 Story; Contemporary Limited Service: Not Limited Service Lot Description: Level; Secluded Construction: Other - See Remarks Basement: Partial; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Floors: Tile - i.e. ceramic Water Description: Private Well Sewer Description: Private Septic
Listing Office: VIRGINIA REALTY GROUP
Last Updated: June - 22 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

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Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
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540-529-4229 Cell

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