200 Sweetwater Bay Dr, Penhook, VA 24137

WATERFRONT LUXURY IN ONE OF SMITH MOUNTAIN LAKE'S MOST SOUGHT-AFTER LOCATIONS - SHORT-TERM RENTABLE! Experience the pinnacle of lakefront living in this exceptional newly constructed waterfront retreat, perfectly located on a flat lot with crystal-clear water, expansive shoreline views, and outstanding rental potential. Projected to generate over $350,000 annually in rental income, this property offers a rare opportunity to own both a high-performing investment and an unforgettable private retreat. Designed with timeless Craftsman architecture, this stunning home features 9 spacious bedrooms and 6 full bathrooms, supported by an 8-bedroom septic system and a community-maintained offsite well. Premium exterior finishes include durable cementitious siding, ensuring lasting beauty and low-maintenance ownership for years to come. Inside, the thoughtfully designed open-concept floor plan showcases soaring vaulted shiplap ceilings, abundant natural light, and luxury finishes throughout. The gourmet kitchen is the heart of the home, featuring custom cabinetry, a farmhouse sink, designer vent hood, and generous gathering space that flows seamlessly to the covered outdoor dining porch--perfect for entertaining family and guests. Every detail has been carefully curated, from beautifully tiled showers throughout the home to the luxurious primary suite, where a spa-inspired bath offers a walk-in shower and tranquil lake views. Expansive covered porches create additional living space, complete with cedar tongue-and-groove ceilings, a stone fireplace, and television, allowing you to enjoy the lake in every season. Outdoor amenities are equally impressive. Relax by the heated saltwater pool with Omni Smart controls, unwind in the Hot Springs 8-person hot tub overlooking the water, or entertain effortlessly in the poolside recreation room and wet bar, accessed through stunning cascading glass doors that blur the line between indoor and outdoor living. For boating enthusiasts, the large covered dock is designed for making memories, featuring an upper-level party deck, enclosed bar area, and ample space for lounging, entertaining, and enjoying breathtaking sunsets over the lake. Modern smart-home conveniences, including smart thermostats and integrated technology systems, enhance comfort and efficiency throughout the property. Combining superior craftsmanship, luxury amenities, cutting-edge technology, and an unparalleled waterfront setting, this remarkable home embodies the very best of Smith Mountain Lake living. Opportunities like this are truly once in a lifetime. Buyers and Buyer's Agent to independently verify all property information. Interior and exterior photos shown are of the model home upon which this home is being built.