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For sale by owner
    • $1,399,000

    140 Island Green Cir, Penhook, VA 24137

    4beds
    3,425sqft
    : 
    $8,591/mo
    Get pre-qualified
    Townhouse
    Built in 1995
    0.28 Acres Lot
    $-- Zestimate®
    $408/sqft
    $733/mo HOA

    What's special

    Private officeBright and inviting sunroomOpen-concept floor planFresh interior paintBeautiful flooring throughoutSpacious two-car garageUpgraded plumbing fixtures
    Luxury Lakefront Living at The Water's Edge on Smith Mountain Lake Experience the best of lakefront living in this beautifully appointed custom townhome located in The Water's Edge, one of Virginia's premier golf and waterfront communities on beautiful Smith Mountain Lake. This spacious 4-bedroom, 4.5-bath home offers an open-concept floor plan designed for both everyday comfort and effortless entertaining. The main level features beautiful flooring throughout, a private office, a bright and inviting sunroom, and a gourmet kitchen with quartz countertops, stainless steel appliances, upgraded plumbing fixtures, and ample space for gathering with family and friends. Fresh interior paint makes this home truly move-in ready. The outdoor living spaces are just as impressive. Relax on the upper deck while enjoying peaceful lake views beneath the newly installed powered sunshade, or unwind on the covered lower-level patio overlooking the quiet cove. The rear windows have been professionally tinted for added privacy while still allowing you to enjoy the beautiful scenery. A gentle walk leads to the water's edge and a sandy beach—perfect for swimming, paddleboarding, kayaking, or simply relaxing by the lake. The assigned covered boat slip conveys with the home and is equipped with a remote-controlled boat lift designed for up to a 26-foot tritoon, along with a dedicated Jet Ski lift, making it easy to enjoy everything Smith Mountain Lake has to offer. Additional features include a spacious two-car garage and the convenience of maintenance-free townhome living, allowing you to spend more time enjoying the lake and less time on upkeep. Whether you're searching for a year-round residence or a luxury weekend retreat, this exceptional home offers the perfect blend of elegance, recreation, and the unmatched lifestyle of Smith Mountain Lake.
    What the owner loves about this home
    An optional Active Membership to The Water's Edge Golf Club is available for $35,000. Membership includes access to one of Virginia's most beautiful championship golf courses, a full-service clubhouse and restaurant, tennis courts, pickleball courts, a newly renovated resort-style pool, fitness center, equestrian center, and reciprocal privileges at McConnell Golf Clubs throughout the Southeast.
    24 days
    |
    489
    |
    22
    |
    Listed by:

    Property Owner (434) 251-6100

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Forced air, Heat pump, Electric
      Cooling
      • Central, Other
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
      Features
      • Flooring: Tile, Carpet, Hardwood
      • Basement: Finished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 3,425 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      Features
      • Exterior features: Wood, Brick
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 0.28 Acres
      Details
      • Parcel number: 0510803000

      Construction

      Type & style
      • Home type: Townhouse
      Materials
      • Wood
      • Foundation: Other
      • Roof: Shake / Shingle
      Condition
      • New construction: No
      • Year built: 1995

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $733 monthly
      Location
      • Region: Penhook

      Financial & listing details

      • Price per square foot: $408/sqft
      • Tax assessed value: $1,136,100
      • Annual tax amount: $4,885
      • Date on market: 7/2/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,353/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$1,399,000-1.8%$408/sqft
        Source: Owner Report a problem
        3/21/2026Listing removed--
        Source: Owner Report a problem
        3/19/2026Listed for sale$1,425,000+14.9%$416/sqft
        Source: Owner Report a problem
        10/24/2023Sold$1,240,000+66.4%$362/sqft
        Source: Public Record Report a problem
        7/11/2013Sold$745,000-23.1%$218/sqft
        Source: Public Record Report a problem
        9/21/2007Sold$969,000$283/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,885 $1,136,100
        2024$4,885 +40%$1,136,100 +98.5%
        2023$3,490 $572,200
        2022$3,490 $572,200
        2021$3,490 $572,200
        2020$3,490 +3987.1%$572,200 +0.6%
        2019$85 $568,900
        2018$85 -97.5%$568,900 +2.6%
        2017$3,470 +10.9%$554,500
        2016$3,129 $554,500
        2015$3,129 +4.5%$554,500
        2014$2,994 --
        2013$2,994 $554,500
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 24137

        Getting around

        4 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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