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51 Island View Dr , Penhook, VA 24137

$2,950,000
  • 51 Island View Dr , Penhook, VA 24137 Main Photo

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New to the Market Active
BEDS5 BATHS5 full 1 partial SQUARE FEET5,880 MLS#929958
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONThe Waters Edge

Property 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,

51 Island View Dr | MLS# 929958

This single family home located at 51 Island View Dr , Penhook, VA 24137 is currently listed for sale with an asking price of $2,950,000. This property was built in 2026 and has 5 bedrooms and 5 full and 1 partial baths with 5880 sq. ft. Island View Dr is located in the The Waters Edge subdivision. Search The Waters Edge real estate on www.smithmountainlake.org today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Heat Pump Electric
Fireplaces: 2
Garage: 2 car attached
Heating: Heat Pump Electric
Home Style: Contemporary
Lot Size: 0.75 Acres
Taxes: $5,343
Year Built: 2026

Amenities

Bookcases
Ceiling Fan(s)
Storage
Walk-In Closet(s)
Deck
Patio

Feature Descriptions

Appliances: Clothes Dryer, Clothes Washer, Refrigerator
Area Amenities: Common Pool, Private Golf
Boat Dock: Boat Hoist, Pers WaterCraft Lift, Storage/Util Bldg
Days on Site: 4
Energy Feature(s): 2 X 6 Exterior Walls
Exterior: Brick, Fiber Cement
Exterior Door(s): Sliding, Wood
Fireplace Location: Living Room, Other - See Remarks, Recreation Room
Floor: Luxury Vinyl Plank, Tile - i.e. ceramic, Wood
Lot: Gentle Sloping
Lot Dimensions: 0.75 acre(s)
Miscellaneous Features: New Construction, Underground Util
Nearby Water: Smith Mountain Lake
Number Covered Slips: 2
Parking: Primary Covered: Garage Attached
Sewer: Private Septic
Special View Info: Lake
Water: Community System
Water Features: Cove, Riprap Shoreline
Window: Insulated

Local Schools

High School: Franklin County
Middle School: Ben Franklin Middle
Elementary School: Glade Hill

Listed By / Shown By

Listed By

Agency Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL EST
Agency Phone: (540) 721-8659

Shown By

Agent Name: The Pagans Family Team
Agent Phone: (540) 328-0050
Agency Title: MKB, REALTORS

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Estimated Payment

$ 7,871.09 per month $6,565.42 Principal & Interest $445.25 Property Tax $860.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) 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 on this site was last updated 08/04/2026. The listing information on this page last changed on 08/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 08/04/2026 1:07:37 PM EST) or Roanoke Valley MLs (last updated Tue 08/04/2026 1:05:39 PM EST). Real estate listings held by brokerage firms other than MKB, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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