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LOT474 Southwood Dr, Penhook, VA, 24137

$699,000

1.91 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
WaterfrontRocky Shoreline
MLS #912548
Lot Size1.91 Acres
StatusActive

About LOT474 Southwood Dr

This beautiful waterfront lot on Smith Mountain Lake has it all! Almost 2 acres, view of Smith Mountain, adjoining 4 acres of open space, two locations for drainfields that will accommodate a seven bedroom house, part open and part wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership. The adjoining 1.65 acre lot is also currently for sale which borders another 4 acres of open space on the other side, wow!

Property Details

Property Features

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Exterior Features

Exterior Information:

  • Waterfront: Rocky Shoreline
  • Exterior: Pool, Tennis Court(s)

Lot Features

Lot Information:

  • Lot Size: 1.91 Acres

Other

Directions Information:

  • Directions: From Penhook, turn onto Old Mountain RD to L on Smith Mountain RD to L on Waters Edge DR to R on East Pointe DR to R on Southwood to lot on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000

HOA Fees:

  • Amount: $140
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Penhook, VA.

Med. Sold Price

$784.5K

Med. Price/SqFt

$376

Avg. Days On Market

22

# of Sold Homes

4

LOT474 Southwood Dr vs Penhook

1 DAY ON ROCKET

-21 Days

$699,000

-$85.5K Less

KEY TAKEAWAY

This property is $85.5K less than the Median Sold Price in Penhook, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #912548

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, 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 web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-172459
7
/10
  • Glade Hill Elementary School

  • 8081 Old Franklin Tpke

  • 8.09 miles

  • Public District Grades PK-5

school-card-donut-172460
7
/10
  • Dudley Elementary School

  • 7250 Brooks Mill Rd

  • 9.26 miles

  • Public District Grades PK-5

school-card-donut-172461
6
/10
  • Moneta Elementary School

  • 12718 Moneta Rd

  • 12.08 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,646. Typical income of Penhook, VA residents is between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT474 Southwood Dr

What is the listing price of this property?

The listing price of LOT474 Southwood Dr property is $699,000.

What type of property is this?

The property LOT474 Southwood Dr is land located in Penhook, Virginia, 24137.

Is this property for sale now?

Active Listing: LOT474 Southwood Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LOT474 Southwood Dr is 1.91 acres.
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Rocket Homes›Virginia›Franklin County›Penhook›24137›LOT474 Southwood Dr

This home is located at LOT474 Southwood Dr in Penhook, VA and zip code 24137. This home sits on a 1.91 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $699,000.

Penhook, VA housing market in October 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 2 sold below. The median list price of listings available in October 2024 was $784,500, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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