For sale

Price cut: $100K (9/22)

$1,395,000

337 Emerald Point, Penhook, VA 24137

4beds

2,980sqft

$8,203/mo

Get pre-qualified

Single Family Residence

Built in 2004

0.32 Acres Lot

$1,324,000 Zestimate^®

$468/sqft

$-- HOA

What's special

Beautifully maintained two-story homeBreathtaking sunsetsWaterfront retreatGentle-sloping lotExpansive wide-water viewsOutstanding water frontage

Experience the best of Smith Mountain Lake from this exceptional waterfront retreat! Perfectly positioned on a point with a cul-de-sac, this beautifully maintained two-story home offers expansive wide-water views, breathtaking sunsets, and outstanding water frontage. Designed for both everyday living and entertaining, the home features 4 spacious bedrooms, 3 full baths, and a finished walkout basement providing ample space for family and guests. Relax on the covered porch while taking in panoramic lake views, or head down the gentle-sloping lot to the impressive dock complete with party deck and boat slip, making it easy to enjoy all that the lake has to offer. A detached two-car garage provides plenty of storage for vehicles and lake toys. This is a great vacation getaway.

89 days
771
23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: Upper

Bedroom 2

Level: Entry

Bedroom 3

Level: Entry

Bedroom 4

Level: Lower

Dining area

Level: Entry

Game room

Level: Lower

Great room

Level: Entry

Kitchen

Level: Entry

Laundry

Level: Lower

Other

Level: Lower

Heating

Heat Pump Electric

Cooling

Heat Pump Electric

Appliances

Included: Microwave Oven (Built In), In-House Stereo

Features

Wired for Sound, Cathedral Ceiling(s), Ceiling Fan(s), Storage
Flooring: Tile, Wood, Luxury Vinyl Plank
Doors: Insulated, Metal
Windows: Insulated Windows
Basement: Full,Walk-Out Access
Number of fireplaces: 1
Fireplace features: Great Room

Interior area

Total structure area: 3,280
Total interior livable area: 2,980 sqft
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 5
Parking features: Paved Driveway, Garage Door Opener
Has garage: Yes
Covered spaces: 2
Uncovered spaces: 3
Details: Off Street Parking

Features

Levels: Two
Stories: 2
Patio & porch: Rear Porch, Covered Porch, Deck, Patio
Fencing: Fenced
Has view: Yes
View description: Lake, Sunset
Has water view: Yes
Water view: Lake
Waterfront features: Main Channel
Body of water: Smith Mtn Lake

Lot

Size: 0.32 Acres
Features: Cleared, Gentle Sloping, Cul-De-Sac

Details

Parcel number: 1563128166
Zoning: SF

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stone, Vinyl Siding

Condition

Year built: 2004

Utilities & green energy

Sewer: Private Septic
Water: Private Well
Utilities for property: Underground Utilities

Community & HOA

Community

Features: Marina Access
Security: Security System

HOA

Has HOA: No

Location

Region: Penhook

Financial & listing details

Price per square foot: $468/sqft
Tax assessed value: $505,300
Annual tax amount: $3,132
Date on market: 7/2/2026
Cumulative days on market: 90 days

Estimated market value

$1,324,000

$1.26M - $1.39M

$2,498/mo

Price history

Date	Event	Price
9/22/2026	Price change	$1,395,000-6.7%$468/sqft
Source: RVAR #929049 Report a problem
7/2/2026	Listed for sale	$1,495,000$502/sqft
Source: RVAR #929049 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,830	$505,300
2024	$2,830 +17.8%	$505,300 +30.4%
2023	$2,403	$387,500
2022	$2,403	$387,500
2021	$2,403	$387,500
2020	$2,403	$387,500
2019	$2,403	$387,500
2018	$2,403	$387,500
2017	$2,403 +81.1%	$387,500 -13.8%
2016	$1,327	$449,700
2015	$1,327	$449,700 +3.7%
2011	--	$433,700
2010	--	--