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Smith Mountain Lake Real Estate for Sale

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255 Plantation DR, Penhook, VA 24137 (MLS# 930851)

255 Plantation DR, Penhook, VA 24137

$650,000
01-SGM-1

Virtual Tour

https://showsgreat.photography/255-Plantation-dr/idx
02-SGM-4 03-SGM-7 04-SGM-0359 05-SGM-112 06-SGM- 07-SGM-28 08-SGM-37 09-SGM-40 10-SGM-43 11-SGM-46 12-SGM-49 13-SGM-52 14-SGM-55 15-SGM-58 16-SGM-61 17-SGM-70 18-SGM-73 19-SGM-76 20-SGM-79 21-SGM-82 22-SGM-85 23-SGM-88 24-SGM-91 25-SGM-94 26-SGM-97 27-SGM-100 28-SGM-103 29-SGM-106 30-SGM-109 31-SGM-64 32-SGM-67 33-SGM-22 34-SGM-19 35-SGM-25 36-SGM-10 37-SGM-13 38-SGM-16 39-SGM-31 40-SGM-34 41-SGM-0362 42-SGM-0365 43-SGM-0371 44-SGM-0374 45-SGM-0377 46-SGM-0380 47-SGM-0356 48-SGM-0380 49-SGM-0374 50-Floor Plan
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,884 Lot Size (sq. ft.): 282,704 Status: Active
Current Price: $650,000 List Date: 8/28/2026 Last Modified: 8/28/2026

Overview

Description

Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment. The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space. Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a sprin ... (Read more) Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment. The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space. Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing. Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find. Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.

Listing Details MLS# 930851

Location, Tax & Legal

Area
0400 - Franklin County
Street Number
255
Street Name
Plantation
Street Suffix
DR
State/Province
VA
Zip Code
24137
Subdivision
NA
Municipality
Franklin County
Elementary School
Glade Hill
Middle School
Ben Franklin Middle
High School
Franklin County
Major Area
04 - Franklin County
Phase
7
Subdivision Map
NA
Lot
No
Block
No
Tax ID
067 00-018 00 and 0670001700
Annual Taxes
1652
Section
No
Zoning Code
A1
POA Y/N
No

General Property Description

Property Sub-Type
Single Family Residence
Residential Type
Detached
Construction Status
Completed
Year Built
1950
Total Bdrm
2
Total Bths
2
Total F Baths
2
Entry Above Grd Fin SQFT
2884
Total Fnshd SqFt
2884
Total Above Grd Fin SQFT
2884
Grand Total Attached SQFT
2884
Basement Y/N
No
Prim. Covered Prking
Garage Attached
# Prim Cov Spaces
Yes
Add'l Covered Prkng
Carport Detached
# Add Cov Spaces
Yes
Total Cov'd Prk Spc
2
Total Acreage
6.49
Water Class
N/A
Upper Above Grd Fin SQFT
0
Other Above Grd Fin SQFT
0
Total Unfin SQFT
0

Fireplace

# Fireplaces
Yes
Gas Log
Yes

Primary Bedrooms

Primary BR Entry Lvl
Yes

Bedrooms

BR Entry Level
2

More Information

Full Baths

Full Baths Entry Lvl
2

Laundry

Laundry Entry Level
Yes

Remarks & Misc

Public Remarks
Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment. The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space. Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing. Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find. Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.
Directions
Route 40 to Penhook turn onto Morgans Fork Rd to R onto Plantation Dr to home on left

Style of House

1 Story
Yes

Limited Service

Not Limited Service
Yes

Lot Description

Varied
Yes

Construction

Hard Board
Yes
Stone
Yes

Basement

Crawl Space
Yes

Views

Sunrise
Yes
Sunset
Yes

Heating

Heat Pump Electric
Yes

Misc Features

Maint-Free Exterior
Yes
Underground Util
Yes

Cooling

Heat Pump Electric
Yes

Water Description

Shared Well
Yes

Sewer Description

Private Septic
Yes

Water Heater Type

Tank
Yes

Interior Features

Breakfast Area
Yes
Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Storage
Yes
Walk-In Closet(s)
Yes

Exterior Features

Deck
Yes
Paved Driveway
Yes
Shed(s)
Yes

Porch

Covered Porch
Yes
Front Porch
Yes
Rear Porch
Yes

Appliances

Clothes Dryer
Yes
Clothes Washer
Yes
Dishwasher
Yes
Microwave Oven (Built In)
Yes
Range Gas
Yes
Refrigerator
Yes

Floors

Carpet
Yes
Tile - i.e. ceramic
Yes
Wood
Yes

Windows

Clad
Yes
Insulated
Yes
Low-Emissivity Windows
Yes

Exterior Doors

Fiberglass
Yes

Water Htr Energy

Electric
Yes

Property Features

Style of House: 1 Story Limited Service: Not Limited Service Lot Description: Varied Construction: Hard Board; Stone Basement: Crawl Space Heating: Heat Pump Electric Cooling: Heat Pump Electric Fireplace: Gas Log Interior Features: Breakfast Area; Cathedral Ceiling(s); Ceiling Fan(s); Storage; Walk-In Closet(s) Exterior Features: Deck; Paved Driveway; Shed(s) Views: Sunrise; Sunset Appliances: Dishwasher; Clothes Dryer; Microwave Oven (Built In); Refrigerator; Range Gas; Clothes Washer Misc Features: Maint-Free Exterior; Underground Util Floors: Carpet; Tile - i.e. ceramic; Wood Windows: Clad; Insulated; Low-Emissivity Windows Exterior Doors: Fiberglass Porch: Covered Porch; Front Porch; Rear Porch Water Description: Shared Well Sewer Description: Private Septic Water Heater Type: Tank Water Htr Energy: Electric

Room Information

Room Name Level
Primary Bedroom
Bedroom 2 Entry
Den Entry
Dining Area Entry
Kitchen Entry
Laundry Entry
Living Room Entry
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Last Updated: August - 28 - 2026
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