51 Island View DR, Penhook, VA 24137

New Listing

$2,950,000

Virtual Tour

https://rapidimagery.hd.pics/51-Island-View-Drive-Penhook-VA-24137/idx

Property Type: Residential Bedrooms: 5 Baths: 5.1 Square Footage: 5,880 Lot Size (sq. ft.): 32,670 Status: Active

Current Price: $2,950,000 List Date: 7/31/2026 Last Modified: 7/31/2026

Overview

Description

Experience exceptional Smith Mountain Lake living in this stunning new construction waterfront home in The Water's Edge. Offering 5 bedrooms, 5.5 baths and 5,880 finished sq. ft. across three beautifully appointed levels, the home features a private master suite on each floor. The open-concept main level showcases hardwood floors, custom built-ins, multiple fireplaces and a gourmet kitchen with Wolf, Sub-Zero and Cove appliances, quartz countertops, custom maple cabinetry and a 10-foot island. Enjoy a screened porch with fireplace overlooking the lake, lake-level kitchenette, heated tile floors, exceptional storage and an EV-ready two-car garage. Professionally landscaped grounds feature irrigation, lighting, paver patios, firepit and a private dock with boat and PWC lifts. Luxury,

Supplements: craftsmanship and lake living come together beautifully in this exceptional new home.

Listing Details MLS# 929958

Location, Tax & Legal

Area: 0490 - SML Franklin County
Street Number: 51
Street Name: Island View
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: The Waters Edge
Municipality: Franklin County
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Major Area: 04 - Franklin County
Phase: 0
Subdivision Map: The Waters Edge
Lot: 48
Block: No
Tax ID: 051 06-048 00
Annual Taxes: 5343.9
Section: Yes
Zoning Code: RPD
POA Y/N: Yes
POA/Condo Dues: 240
POA/Condo Terms A/M: Annual

General Property Description

Property Sub-Type: Single Family Residence
Residential Type: Detached
Construction Status: Completed
Year Built: 2026
Total Bdrm: 5
Total Bths: 5.1
Total F Baths: 5
Total H Baths: Yes
Entry Above Grd Fin SQFT: 2421
Upper Above Grd Fin SQFT: 1484
Lower Below Grd Fin SQFT: 1975
Total Fnshd SqFt: 5880
Total Above Grd Fin SQFT: 3905
Grand Total Attached SQFT: 5880
Basement Y/N: Yes
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 2
Primary Covered Parking SQFT: 606
Total Cov'd Prk Spc: 2
Total Acreage: 0.75
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 118
Other Above Grd Fin SQFT: 0
Total Unfin SQFT: 0

Fireplace

# Fireplaces: 2
Living Room: Yes
Recreation Room: Yes
Other - See Remarks: Yes

Primary Bedrooms

Primary BR Entry Lvl: Yes
Primary BR Upper Lvl: Yes
Primary BR Lower Lvl: Yes

Bedrooms

BR Entry Level: 3
BR Upper Level: Yes
BR Lower Level: Yes

More Information

Full Baths

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

Half Baths

Half Baths Entry Lvl: Yes

Laundry

Laundry Entry Level: Yes

Water Details

Number Covered Slips: 2

Remarks & Misc

Directions: From 40E t/l 645 t/l 626 t/l 610 t/r Island View Drive

Style of House

Contemporary: Yes

Limited Service

Not Limited Service: Yes

Lot Description

Gentle Sloping: Yes

Construction

Brick: Yes
Fiber Cement: Yes

Basement

Full: Yes
Walk-Out Access: Yes

Views

Lake: Yes

Heating

Heat Pump Electric: Yes

Misc Features

New Construction: Yes
Underground Util: Yes

Cooling

Heat Pump Electric: Yes

Water Description

Community System: Yes

Sewer Description

Private Septic: Yes

Water Heater Type

Tank-less: Yes

Interior Features

Bookcases: Yes
Ceiling Fan(s): Yes
Storage: Yes
Walk-In Closet(s): Yes

Energy Features

2 X 6 Exterior Walls: Yes

Internet Access

Cable: Yes

Exterior Features

Deck: Yes
Patio: Yes

Appliances

Clothes Dryer: Yes
Clothes Washer: Yes
Refrigerator: Yes

Floors

Luxury Vinyl Plank: Yes
Tile - i.e. ceramic: Yes
Wood: Yes

Boat Dock Desc

Boat Hoist: Yes
Pers WaterCraft Lift: Yes
Storage/Util Bldg: Yes

Area Amenities

Common Pool: Yes
Private Golf: Yes

Water Features

Cove: Yes
Riprap Shoreline: Yes

Windows

Insulated: Yes

Exterior Doors

Sliding: Yes
Wood: Yes

Water Htr Energy

Propane: Yes

Property Features

Style of House: Contemporary Limited Service: Not Limited Service Lot Description: Gentle Sloping Construction: Brick; Fiber Cement Basement: Full; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Fireplace: Living Room; Recreation Room; Other - See Remarks Energy Features: 2 X 6 Exterior Walls Interior Features: Bookcases; Ceiling Fan(s); Storage; Walk-In Closet(s) Exterior Features: Deck; Patio Views: Lake Appliances: Clothes Dryer; Refrigerator; Clothes Washer Misc Features: New Construction; Underground Util Area Amenities: Private Golf; Common Pool Floors: Luxury Vinyl Plank; Tile - i.e. ceramic; Wood Windows: Insulated Exterior Doors: Sliding; Wood Water Description: Community System Sewer Description: Private Septic Water Heater Type: Tank-less Water Htr Energy: Propane Internet Access: Cable Boat Dock Desc: Boat Hoist; Pers WaterCraft Lift; Storage/Util Bldg Water Features: Cove; Riprap Shoreline

Room Information

Primary Bedroom Level: Entry Level: Entry Primary Bedroom Level: Upper Level: Upper Primary Bedroom Level: Lower Level: Lower Bedroom 4 Level: Entry Level: Entry Bedroom 5 Level: Entry Level: Entry Dining Area Level: Entry Level: Entry Foyer Level: Entry Level: Entry Kitchen Level: Entry Level: Entry Laundry Level: Entry Level: Entry Living Room Level: Entry Level: Entry Recreation Room Level: Lower Level: Lower

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Updated: July - 31 - 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.