Exquisite Craftsman Home with spectacular mountain vistas and luxury amenities. Step inside and be captivated by the warmth and character of hand-sawn pine beam ceilings and hand-scraped Oak and Heart of Pine flooring that extend throughout the residence. Every corner reveals meticulous craftsmanship. The kitchen is a culinary masterpiece, featuring a Wolf Commercial Grade propane range with an electric oven, beam ceilings, and a striking slate and metal backsplash. Entertain with ease in the climate-controlled wine cellar, boasting a remarkable 1500-bottle capacity and an inviting tasting room. Lower level includes a second kitchen for your entertaining needs and you can indulge in the ultimate relaxation with your private sauna and exercise room. A 2-slip dock awaits, complemented by a beautiful sandy beach-perfect for swimming, sunbathing, and enjoying the tranquil surroundings. This property boasts practical upgrades for peace of mind, including two Rinnai propane hot water tanks, a reliable generator and HVAC systems for upper and main floors upgraded in 2018. A 1000-gallon buried propane tank ensures ample supply. An optional club membership offering an array of amenities such as golf, pickleball, tennis, swimming, equestrian activities, exercise facilities, and dining. Please note: a club initiation fee of $35000.00 is due within 30 days of closing and will be paid by the purchasers.
Sold for $2,725,000
$2,725,000
54 Bay View Cir, Penhook, VA 24137
5beds
7,162sqft
Single Family Residence
Built in 2008
0.44 Acres Lot
$2,809,000 Zestimate®
$380/sqft
$4,342 Estimated rent
Home value
$2,809,000
$1.91M - $4.10M
$4,342/mo
Zestimate® history
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$4,342/mo
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$12,924/mo
Est. payment
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Est. payment
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List your homeWhat's special
Spectacular mountain vistasClimate-controlled wine cellarExercise roomPrivate saunaBeautiful sandy beachCulinary masterpieceHand-sawn pine beam ceilings
Zillow last checked:
Listing updated:
Listed by:
VICKI S MILLEHAN 540-520-2401,
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Bought with:
MARGARET JEAN CRAYE, 0225212186
EXP REALTY LLC - SML
Source: RVAR,MLS#: 919098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Level: E
Bedroom 2
- Level: U
Bedroom 3
- Level: U
Bedroom 4
- Level: L
Bedroom 5
- Level: O
Dining area
- Level: E
Eat in kitchen
- Level: E
Foyer
- Level: E
Kitchen
- Level: E
Kitchen
- Level: L
Laundry
- Level: E
Laundry
- Level: L
Library
- Level: E
Mud room
- Level: E
Office
- Level: E
Recreation room
- Level: L
Sun room
- Level: E
Other
- Level: L
Heating
- Heat Pump Electric, Zoned
Cooling
- Heat Pump Electric, Zoned
Appliances
- Included: Dryer, Washer, Dishwasher, Microwave, Electric Range, Gas Range, Refrigerator
Features
- Sauna, Storage, Wet Bar
- Flooring: Carpet, Ceramic Tile, Wood
- Doors: Full View, Metal
- Windows: Clad, Tilt-In
- Has basement: Yes
- Number of fireplaces: 3
- Fireplace features: Gas Log, Great Room, Other - See Remarks, Recreation Room
Interior area
- Total structure area: 7,653
- Total interior livable area: 7,162 sqft
- Finished area above ground: 5,216
- Finished area below ground: 1,946
Property
Parking
- Total spaces: 6
- Parking features: Attached, Paved
- Has attached garage: Yes
- Covered spaces: 3
- Uncovered spaces: 3
Features
- Patio & porch: Deck, Other - See Remarks, Rear Porch
- Exterior features: Balcony, Gas Grill
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, Main Channel
- Body of water: Smith Mtn Lake
Lot
- Size: 0.44 Acres
- Features: Cul-De-Sac, Gentle Sloping
Details
- Parcel number: 051 09 124 00
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Stone
Condition
- Completed
- Year built: 2008
Utilities & green energy
- Electric: 0 Phase
- Utilities for property: Cable Connected, Underground Utilities, Cable
Community & neighborhood
Community
- Community features: Beach Access, Golf
Location
- Region: Penhook
- Subdivision: The Waters Edge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $200 annually
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $2,725,000-8.4%$380/sqft |
Source:  RVAR #919098 Report a problem | ||
| 10/29/2025 | Pending sale | $2,975,000$415/sqft |
Source: RVAR #919098 Report a problem | ||
| 10/8/2025 | Price change | $2,975,000-7%$415/sqft |
Source: RVAR #919098 Report a problem | ||
| 7/11/2025 | Listed for sale | $3,200,000+100%$447/sqft |
Source: RVAR #919098 Report a problem | ||
| 10/28/2015 | Sold | $1,600,000-15.8%$223/sqft |
Source: RVAR #809976 Report a problem | ||
| 8/20/2015 | Price change | $1,900,000-9.3%$265/sqft |
Source: Berkshire Hathaway HomeServices Smith Mountain Lake Real Estate #809976 Report a problem | ||
| 11/26/2014 | Listed for sale | $2,095,000+201.4%$293/sqft |
Source: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE #809976 Report a problem | ||
| 11/1/2010 | Sold | $695,000$97/sqft |
Source: Agent Provided Report a problem | ||
| 5/14/2007 | Sold | $695,000$97/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,107 | $2,815,500 |
| 2024 | $12,107 +29.1% | $2,815,500 +83.2% |
| 2023 | $9,376 | $1,537,100 |
| 2022 | $9,376 +0% | $1,537,100 |
| 2021 | $9,376 | $1,537,100 |
| 2020 | $9,376 +7.3% | $1,537,100 +7.3% |
| 2019 | $8,739 | $1,432,700 |
| 2018 | $8,739 | $1,432,700 -0.7% |
| 2017 | $8,739 +10.9% | $1,443,200 |
| 2016 | $7,880 | $1,443,200 |
| 2015 | $7,880 +1.1% | $1,443,200 |
| 2014 | $7,793 | -- |
| 2013 | $7,793 | $1,443,200 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 24137
Nearby schools
GreatSchools rating
- 7/10Glade Hill Elementary SchoolGrades: PK-5Distance: 8.3 mi
- 7/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 15.5 mi
- 4/10Franklin County High SchoolGrades: 9-12Distance: 15.1 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.
- Virginia
- Franklin County
- Penhook
- 24137
- 54 Bay View Cir
Nearby cities
Nearby zip codes
Other Penhook Topics
