750 Penn Hall RD, Union Hall, VA 24176
$4,999,000
Property Type:
Commercial
Baths:
8
Lot Size (sq. ft.):
1,139,094
Status:
Active
Current Price:
$4,999,000
List Date:
3/05/2026
Last Modified:
3/23/2026
Overview
Description
Milan manor is a once in a generation opportunity offering a level of scale, privacy and lakefront that is virtually impossible to replicate at Smith Mountain Lake. Situated on 26.15 acreas of Contiguous private lakefront land with 658 feet of pristine shoreline. The property combines historic character, modern luxury, and complete seclusion in a in a setting designed for investors seeking huge scale and upside. Full 2025 Renovation done to historic mansion onsite. Owner has secured Special Use Permit allowing the property to operate as a resort. Blueprints, Proforma, Site and Engineering plans for Wedding Barn, Clubhouse, and 40 2 bedroom 2 bath villas. Permitted Dock partially completed with contractor guaranteed place in line for Summer 2026 Completion (see letter).
Supplements:
Listing Details MLS# 925166
Location, Tax & Legal
- Area
- 0490 - SML Franklin County
- Street Number
- 750
- Street Name
- Penn Hall
- Street Suffix
- RD
- State/Province
- VA
- Zip Code
- 24176
- Municipality
- Franklin County
- Major Area
- 04 - Franklin County
- Legal
- Wilson Craig R Jr Angela
- Tax ID
- 051 00-020 02
- Annual Taxes
- 9150
- Zoning Code
- A1 See Remarks
General Property Description
- Construction Status
- Completed
- Year Built
- 1940
- Total Acreage
- 26.15
- Flood Area
- No
- Gross Lot SqFt
- 1139094
- On site Parking
- Yes
- Parking Spaces
- 40
- Gross Building SqFt
- 6638
- Lease Available
- No
- Basement Y/N
- Yes
- Total Bths
- 8
- Water Class
- Waterfront Property
- Water ID
- Smith Mtn Lake
- Length of Waterfront
- 658
Miscellaneous Info
- Ceiling Height
- 9
- Amps
- 1200
Internet Access
- Cur'nt Internet Prov
- Shentel
- Cable
- Yes
Other Water Details
- Nbr of Covered Slips
- 4
- Short Term Rental
- Yes
More Information
Remarks & Misc
- Directions
- From Old Franklin Turnpike (Route 40), Turn Left on Kemp Ford Road, Right on Dillards Hill Road, Right on Penn Hall Road. Property is on the Right.
Limited Service
- Not Limited Service
- Yes
Construction
- Brick
- Yes
- Vinyl
- Yes
- Wood
- Yes
Commercial Type
- Investment
- Yes
Views
- Lake
- Yes
- Mountain(s)
- Yes
- Sunrise
- Yes
- Sunset
- Yes
Business Type
- Bed & Breakfast
- Yes
- Hotel/Motel
- Yes
- Other
- Yes
Sale Includes
- Building
- Yes
- Building & Land
- Yes
Heating
- Electric
- Yes
- Heat Pump
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
Water Description
- Private Water
- Yes
Documents Available
- Phase One
- Yes
- Phase Two
- Yes
- Survey
- Yes
Sewer Description
- Private Septic
- Yes
Manufactured Homes
- No HUD Tag
- Yes
Water Heater Type
- Tank
- Yes
Water Heater Energy
- Electric
- Yes
Roof System
- Shingle
- Yes
Levels
- Two
- Yes
Floors
- Luxury Vinyl Plank
- Yes
- Tile
- Yes
- Wood
- Yes
Boat Dock Desc
- A-Roof
- Yes
- Floater
- Yes
- Stationary
- Yes
Water Features
- Cove
- Yes
- Point
- Yes
- Riprap Shoreline
- Yes
- Southern Exp to Wtr
- Yes
Additional Features
- Additional Buildings
- Yes
Topography
- Level
- Yes
Property Features
Limited Service:
Not Limited Service
Commercial Type:
Investment
Business Type:
Bed & Breakfast; Hotel/Motel; Other
Sale Includes:
Building; Building & Land
Construction:
Brick; Vinyl; Wood
Roof System:
Shingle
Levels:
Two
Heating:
Electric; Heat Pump
Cooling:
Electric; Heat Pump
Floors:
Luxury Vinyl Plank; Tile; Wood
Manufactured Homes:
No HUD Tag
Additional Features:
Additional Buildings
Water Description:
Private Water
Sewer Description:
Private Septic
Water Heater Type:
Tank
Water Heater Energy:
Electric
Internet Access:
Cable
Documents Available:
Phase One; Phase Two; Survey
Topography:
Level
Views:
Lake; Mountain(s); Sunrise; Sunset
Boat Dock Desc:
A-Roof; Floater; Stationary
Water Features:
Cove; Point; Riprap Shoreline; Southern Exp to Wtr
Other Water Details:
Short Term Rental
Listing Office:
RE/MAX LAKEFRONT REALTY INC
Last Updated: March - 23 - 2026
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