Price Improvement! Deeded boat slip available for purchase! New Construction overlooking the Third Fairway of The Water's Edge Country Club at Smith Mountain Lake. This brand-new, approximately 2,800 sq ft residence captures sweeping fairway views and offers effortless main-level living enhanced by sophisticated design and next-generation technology. Built by Sole Source Solution, Luxury Homes, with interior selections by Brass Key Design Society, the home showcases exceptional craftsmanship, curated finishes, and meticulous attention to detail. The main level features three spacious bedrooms and a dedicated office, anchored by a serene primary suite with golf course views and a spa-inspired bath with deep soaking tub! Two additional bedrooms share a beautifully designed full bath, while the upper level offers a versatile fourth bedroom or bonus suite with oversized closets and a private half bath, ideal for guests or flexible living. Modern innovation elevates every corner of the home. The chef's kitchen features a high-efficiency induction cooktop with a built-in air fryer, while motion-sensor exterior lighting, a full irrigation system, and a custom motorized pergola add luxury, convenience, and year-round enjoyment outdoors. Vaulted ceilings and expansive Pella windows fill the living spaces with natural light, flowing seamlessly from the kitchen and dining area into the great room and onto the large covered porch. Oversized sliding doors lead to the extended concrete patio, complete with a gas line for a future fire pit or outdoor kitchen, all overlooking the fairway beneath the adjustable shade of the motorized pergola.
Constructed with 2x6 exterior walls, spray-foam insulation, and advanced energy-efficient features, this home blends solid construction with high performance and modern comfort. Move-in ready and positioned in a premier golf course setting, it offers an unmatched lifestyle with optional club membership providing access to the clubhouse restaurant, resort-style pool, tennis and pickleball courts, equestrian center, year-round social events, summer camps, and the exclusive McConnell Golf Network of 16 premier clubs across NC, TN, and VA. This exceptional home embodies refined style, modern innovation, and luxury living at The Water's Edge.
New construction
Price cut: $110K (8/21)
$989,000
31 Flagstick Ct, Penhook, VA 24137
4beds
2,803sqft
Single Family Residence
Built in 2025
0.7 Acres Lot
$961,800 Zestimate®
$353/sqft
$17/mo HOA
What's special
Refined stylePremier golf course settingSweeping fairway viewsLarge covered porchSophisticated designMotion-sensor exterior lightingEffortless main-level living
- 517 days
- 271
- 17
Zillow last checked:
Listing updated:
Listed by:
COURTNEY MILLS GRECO 919-389-4951,
EXP REALTY, LLC - UNION HALL 703-898-0863
Source: RVAR,MLS#: 917613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Entry
Bedroom 2
- Level: Entry
Bedroom 3
- Level: Entry
Bedroom 4
- Description: Could also be an office
- Level: Entry
Other
- Level: Entry
Family room
- Level: Entry
Kitchen
- Level: Entry
Laundry
- Level: Entry
Recreation room
- Level: Upper
Heating
- Heat Pump Electric
Cooling
- Central Air, Heat Pump Electric
Appliances
- Included: Microwave Oven (Built In), Other
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Other, Storage, Walk-In Closet(s)
- Flooring: Tile, Luxury Vinyl Plank
- Doors: Other - See Remarks, Sliding Doors
- Windows: Other
- Number of fireplaces: 1
- Fireplace features: Living Room, Other
Interior area
- Total structure area: 2,803
- Total interior livable area: 2,803 sqft
Property
Parking
- Parking features: Garage Door Opener
- Has garage: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Front Porch, Rear Porch, Covered Porch, Patio
- Has view: Yes
- View description: Golf Course, Sunset
- Body of water: Smith Mtn Lake
Lot
- Size: 0.7 Acres
- Features: Level, Views, Cul-De-Sac, On Golf Course
Details
- Parcel number: 051 09032 00
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Stone
- Foundation: Slab
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Green energy
- Energy efficient items: 2 X 6 Exterior Walls
Community & HOA
Community
- Features: Golf, Marina Access
- Subdivision: The Waters Edge
HOA
- Has HOA: Yes
- HOA fee: $200 annually
Location
- Region: Penhook
Financial & listing details
- Price per square foot: $353/sqft
- Annual tax amount: $4,726
- Date on market: 5/23/2025
- Cumulative days on market: 520 days
Estimated market value
$961,800
$914,000 - $1.01M
$3,665/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $989,000-10%$353/sqft |
Source: | ||
| 6/26/2026 | Listed for sale | $1,099,000-5.2%$392/sqft |
Source: | ||
| 9/22/2025 | Price change | $1,159,000+5.5%$413/sqft |
Source: | ||
| 5/23/2025 | Listed for sale | $1,099,000$392/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 24137
Nearby schools
Schools provided by the listing agent
- Elementary: Glade Hill
- Middle: Ben Franklin Middle
- High: Franklin County
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




