new - 2 days on rocket

LOT476 Southwood Dr, Penhook, VA, 24137

$499,000

1.65 Acres
Land

Location

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Property Highlights

Home TypeVacant Lot
WaterfrontBay, Rocky Shoreline
ViewLake, Mountain(s), Other
MLS #912600
Lot Size1.65 Acres
StatusActive

About LOT476 Southwood Dr

Large waterfront lot on Smith Mountain Lake with a view of the water and mountain! A spacious 1.65 acres adjoining 4 acres of open space, with a covered boat dock with storage. Mostly wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership. The adjoining 1.91 acre lot is also currently for sale which borders another 4 acres of open space on the other side. Great opportunity!

Property Details

Property Features

Listing Office:

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

Exterior Features

Exterior Information:

  • Waterfront: Bay, Rocky Shoreline
  • View: Lake, Mountain(s), Other

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 1.65 Acres

Other

Directions Information:

  • Directions: Rocky Mount East on Route 40, L Old Mtn Rd, L Smith Mtn Rd, L Waters Edge Drive, R East Pointe Dr, R Southwood Dr to lot on L.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000

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

LOT476 Southwood Dr vs Penhook

2 DAYS ON ROCKET

-20 Days

$499,000

-$285.5K Less

KEY TAKEAWAY

This property is $285.5K less than the Median Sold Price in Penhook, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #912600

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: 11/23/2024, 10:20:51 PM 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

$2,569

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-997593
7
/10
  • Glade Hill Elementary School

  • 8081 Old Franklin Tpke

  • 8.09 miles

  • Public District Grades PK-5

school-card-donut-997594
7
/10
  • Dudley Elementary School

  • 7250 Brooks Mill Rd

  • 9.26 miles

  • Public District Grades PK-5

school-card-donut-997595
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. Residents of Penhook, VA typically earn between $35k-100k each year. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT476 Southwood Dr

What is the listing price of this property?

The listing price of LOT476 Southwood Dr property is $499,000.

What type of property is this?

The property LOT476 Southwood Dr is land located in Penhook, Virginia, 24137.

Is this property for sale now?

Active Listing: LOT476 Southwood Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LOT476 Southwood Dr is 1.65 acres.
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Rocket Homes›Virginia›Franklin County›Penhook›24137›LOT476 Southwood Dr

This home is located at LOT476 Southwood Dr in Penhook, VA and zip code 24137. This home sits on a 1.65 acre lot. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $499,000.

Over 0 listings were sold over their listed price in October 2024 in Penhook, VA. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price. In October 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $784,500.

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

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