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Off market
  • $8,478,600

    205 Silver Tee Dr, Penhook, VA 24137

    7beds
    10,846sqft
    SingleFamily
    Built in 2004
    6.31 Acres Lot
    $8,478,600 Zestimate®
    $782/sqft
    $42,953 Estimated rent

    Home value

    $8,478,600

    $7.04M - $10.00M

    $42,953/mo

    Zestimate® history
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    $42,953/mo

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    $42,953/mo

    Rent Zestimate®

    Refinance and save

    $50,238/mo

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    $50,238/mo

    Est. payment

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    What's special

    Smith Mountain Lake's most INCREDIBLE custom home! This is the showcase home of The Water's Edge Country Club, located on gated, 6-acre pointe w/ tremendous panoramic views of lake & golf course's Island Green Hole #7. Home features 12000 sqft of gorgeous Old World architecture with custom millwork, superb detailing and impeccable finishes. Estate features theater rm, swimming pool, 3000 sqft boat dock, 1220 sqft private, detached guest suite. Giant covered porches beckon you to enjoy stunning wide water views. Club amenities include golf, tennis, pickleball, fitness center, equestrian center, fine dining & social activities. View virtual tour for aerials, interactive floor plans & complete photos.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 5
    • 1/2 bathrooms: 3
    Heating
    • Heat pump, Electric
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Gas Log Fireplace, Masonry Fireplace, Whirlpool Bath, Cathedral Ceiling, Wet Bar
    • Flooring: Carpet
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 10,846 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone, Wood, Cement / Concrete
    • Has spa: Yes
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 6.31 Acres
    Details
    • Parcel number: 0510003701

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Stone
    • Roof: Other
    Condition
    • Year built: 2004

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $653 monthly
    Location
    • Region: Penhook
    • Municipality: Franklin County

    Financial & listing details

    • Price per square foot: $782/sqft
    • Tax assessed value: $8,509,400
    • Annual tax amount: $36,590

    Price history

    DateEventPrice
    4/16/2021Sold$6,400,000-7.9%$590/sqft
    Source: RVAR #818033 Report a problem
    3/31/2021Pending sale$6,950,000$641/sqft
    Source: RVAR #818033 Report a problem
    2/15/2021Price change$6,950,000-12.6%$641/sqft
    Source: RVAR #818033 Report a problem
    6/5/2020Price change$7,950,000-11.2%$733/sqft
    Source: Smith Mountain Lake Real Estate #818033 Report a problem
    11/21/2018Listed for sale$8,950,000$825/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #818033 Report a problem
    11/21/2018Pending sale$8,950,000$825/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #818033 Report a problem
    3/15/2018Price change$8,950,000-10.5%$825/sqft
    Source: Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate #818033 Report a problem
    11/6/2017Price change$9,995,000-60%$922/sqft
    Source: Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate #818033 Report a problem
    8/5/2015Listed for sale$25,000,000+25152.5%$2,305/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #818033 Report a problem
    12/1/2014Listing removed$99,000$9/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #792604 Report a problem
    6/24/2014Listed for sale$99,000$9/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #792604 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,590 $8,509,400
    2024$36,590 +21.6%$8,509,400 +72.4%
    2023$30,102 $4,934,800
    2022$30,102 $4,934,800
    2021$30,102 $4,934,800
    2020$30,102 +11.3%$4,934,800 +11.3%
    2019$27,054 $4,435,100
    2018$27,054 $4,435,100 +30.7%
    2017$27,054 +10.9%$3,392,700
    2016$24,393 $3,392,700
    2015$24,393 +33.1%$3,392,700
    2014$18,321 --
    2013$18,321 $3,392,700
    2012-- --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 24137

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Glade Hill
    • Middle: Ben Franklin Middle
    • High: Franklin County

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.