Welcome to Grande Villas, the newest and final waterfront development at The Water's Edge. 9 maintenance-free, luxury townhomes built with green materials and techniques for minimal environmental impact and maximum efficiency. Views of Smith Mountain Lake and the signature No. 7 island green of the golf course. With nearly 4,500 square feet of finished area on two levels, the Grande Villas offer two unique architectural plans to choose from. Gated community with a security entrance and irrigated lawns. Shared dock offers each owner a private deck, storage, covered slip and floating dock. Interior includes: 10-foot ceilings, extensive crown molding, vaulted foyers, spacious master suites, state-of-the-art appliances and smart wiring. Exterior features include brick and HardiPlank siding exteriors, Grand Manor shingles, Marvin windows and doors, copper dormers and cupolas, open decks and covered porches. Membership available to The Waters Edge Country Club. Initiation fee paid by developer. Open House every Saturday and Sunday from 1:00-4:00.
Sold for $1,600,000
$1,600,000
85 Grande Villa Dr, Penhook, VA 24137
3beds
4baths
4,366sqft
SingleFamily
Built in 2008
0.59 Acres Lot
$2,018,200 Zestimate®
$366/sqft
$3,728 Estimated rent
Home value
$2,018,200
$1.82M - $2.24M
$3,728/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Heat pump
Cooling
- Other
Features
- Flooring: Tile, Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 4,366 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Other, Brick
Lot
- Size: 0.59 Acres
Details
- Parcel number: 0511500500
Construction
Type & style
- Home type: SingleFamily
Materials
- brick
- Foundation: Other
- Roof: Composition
Condition
- Year built: 2008
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $653 monthly
Location
- Region: Penhook
Financial & listing details
- Price per square foot: $366/sqft
- Tax assessed value: $1,659,700
- Annual tax amount: $7,137
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2023 | Sold | $1,600,000-11.1%$366/sqft |
Source: Public Record Report a problem | ||
| 1/28/2014 | Listing removed | $1,799,500$412/sqft |
Source: Cathie Daniel #731374 Report a problem | ||
| 1/25/2014 | Listed for sale | $1,799,500$412/sqft |
Source: Cathie Daniel #731374 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,137 | $1,659,700 |
| 2024 | $7,137 +17.5% | $1,659,700 +66.7% |
| 2023 | $6,075 | $995,900 |
| 2022 | $6,075 +0% | $995,900 |
| 2021 | $6,075 | $995,900 |
| 2020 | $6,075 -24.2% | $995,900 -24.2% |
| 2019 | $8,018 | $1,314,500 |
| 2018 | $8,018 | $1,314,500 -17.6% |
| 2017 | $8,018 +10.9% | $1,596,000 |
| 2016 | $7,230 | $1,596,000 |
| 2015 | $7,230 -16.1% | $1,596,000 |
| 2014 | $8,618 | -- |
| 2013 | $8,618 | $1,596,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 24137
Nearby homes
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- $1,993,5004 bd5 ba4.7k sqft35 Grande Villa Dr, Penhook, VA 24137Off Market
- $2,250,0005 bd5 ba4.7k sqft125 Grande Villa Dr, Penhook, VA 24137Pending
Nearby schools
GreatSchools rating
- 7/10Glade Hill Elementary SchoolGrades: PK-5Distance: 7.5 mi
- 7/10Benjamin Franklin Middle SchoolGrades: 6-8Distance: 14.6 mi
- 4/10Franklin County High SchoolGrades: 9-12Distance: 14.3 mi
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- Virginia
- Franklin County
- Penhook
- 24137
- 85 Grande Villa Dr