Your private Lakefront oasis! Walk into this fabulous home and view the stunning see through fireplace. This home, built in 2021 by the seller, has both rustic charm and modern elegance. Locally sourced hardwood floors add warmth and character to the spacious living areas. Expansive windows frame breathtaking panoramic views of Smith Mountain Lake, offering stunning sunrises. This home is designed for comfort and convenience. A propane backup generator ensures peace of mind during power outages. Additional insulation means very low utility bills. This exceptional home boasts a rare natural sandy beach, perfect for sun-soaked days and effortless water access. Imagine launching kayaks, swimming, or simply relaxing by the water's edge. SEE THE ATTACHED APPRAISAL FOR ABOVE LIST PRICE
Sold for $1,600,000
$1,600,000
40 Big Cove Dr, Penhook, VA 24137
4beds
3,648sqft
Single Family Residence
Built in 2021
2.28 Acres Lot
$1,691,500 Zestimate®
$439/sqft
$3,495 Estimated rent
Home value
$1,691,500
$1.17M - $2.45M
$3,495/mo
Zestimate® history
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List your homeWhat's special
Stunning see through fireplaceLaunching kayaksModern elegancePerfect for sun-soaked daysEffortless water accessRustic charmRare natural sandy beach
Zillow last checked:
Listing updated:
Listed by:
KERMIT JOHNSON 540-529-0398,
COLDWELL BANKER TOWNSIDE, REALTORS(r),
IRINA HALLACHER 540-521-9943
Bought with:
LYNN MARTIN, 0225211514
MKB, REALTORS(r)
CAROLINE DERMOTT, 022547662
Source: RVAR,MLS#: 914855
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: E
Primary bedroom
- Level: E
Bedroom 3
- Level: L
Bedroom 4
- Level: L
Other
- Level: E
Dining area
- Level: E
Family room
- Level: L
Foyer
- Level: E
Kitchen
- Level: E
Laundry
- Level: E
Living room
- Level: E
Mud room
- Level: L
Recreation room
- Level: L
Other
- Level: L
Heating
- Heat Pump Gas, Zoned
Cooling
- Heat Pump Gas, Zoned
Appliances
- Included: Dryer, Washer, Dishwasher, Gas Range
Features
- Storage
- Flooring: Ceramic Tile, Wood
- Doors: Full View, Insulated
- Windows: Clad, Insulated Windows, Tilt-In
- Has basement: Yes
- Number of fireplaces: 1
- Fireplace features: Gas Log, Masonry
Interior area
- Total structure area: 3,848
- Total interior livable area: 3,648 sqft
- Finished area above ground: 1,924
- Finished area below ground: 1,724
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage Door Opener, Off Street
- Has attached garage: Yes
- Covered spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Deck, Patio, Front Porch
- Exterior features: Maint-Free Exterior
- Has view: Yes
- View description: Sunset
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, Cove, Riprap Shoreline
- Body of water: Smith Mtn Lake
Lot
- Size: 2.28 Acres
- Features: Level, Views
Details
- Parcel number: 051 16009 00
- Zoning: A1
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
Condition
- Completed
- Year built: 2021
Utilities & green energy
- Electric: 0 Phase
- Water: Well
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Penhook
Financial & listing details
- Price per square foot: $439/sqft
- Tax assessed value: $1,117,300
- Annual tax amount: $4,804
- Date on market: 3/5/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $1,600,000-12.6%$439/sqft |
Source:  RVAR #914855 Report a problem | ||
| 7/4/2025 | Pending sale | $1,829,999$502/sqft |
Source: RVAR #914855 Report a problem | ||
| 6/27/2025 | Price change | $1,829,999-0.5%$502/sqft |
Source: RVAR #914855 Report a problem | ||
| 6/20/2025 | Price change | $1,839,999-0.3%$504/sqft |
Source: RVAR #914855 Report a problem | ||
| 6/6/2025 | Price change | $1,844,999-0.3%$506/sqft |
Source: RVAR #914855 Report a problem | ||
| 5/31/2025 | Price change | $1,849,999-2.6%$507/sqft |
Source: RVAR #914855 Report a problem | ||
| 5/15/2025 | Price change | $1,899,999-1%$521/sqft |
Source: RVAR #914855 Report a problem | ||
| 5/2/2025 | Price change | $1,920,000-1.5%$526/sqft |
Source: RVAR #914855 Report a problem | ||
| 4/21/2025 | Price change | $1,950,000-2.6%$535/sqft |
Source: RVAR #914855 Report a problem | ||
| 3/5/2025 | Listed for sale | $2,001,500+716.9%$549/sqft |
Source: RVAR #914855 Report a problem | ||
| 4/21/2021 | Sold | $245,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,804 | $1,117,300 |
| 2024 | $4,804 +20.8% | $1,117,300 +90.6% |
| 2023 | $3,978 +43.9% | $586,200 |
| 2022 | $2,764 +64.9% | $586,200 +29.4% |
| 2021 | $1,676 | $453,100 +64.9% |
| 2020 | $1,676 | $274,800 |
| 2019 | $1,676 | $274,800 |
| 2018 | $1,676 | $274,800 -21.9% |
| 2017 | $1,676 +10.9% | $352,000 |
| 2016 | $1,511 | $352,000 |
| 2015 | $1,511 | $352,000 |
Find assessor info on the county website
Neighborhood: 24137
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Nearby schools
GreatSchools rating
- 7/10Glade Hill Elementary SchoolGrades: PK-5Distance: 6.7 mi
- 7/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 13.9 mi
- 4/10Franklin County High SchoolGrades: 9-12Distance: 13.6 mi
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.
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- Virginia
- Franklin County
- Penhook
- 24137
- 40 Big Cove Dr
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