51 Island View DR, Penhook, VA 24137

New Listing
$2,950,000
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

Room Name Level
Primary Bedroom Entry
Primary Bedroom Upper
Primary Bedroom Lower
Bedroom 4 Entry
Bedroom 5 Entry
Dining Area Entry
Foyer Entry
Kitchen Entry
Laundry Entry
Living Room Entry
Recreation Room Lower
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Last Updated: July - 31 - 2026
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