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Sold for $750,000
    • $750,000

    228 Cove Rd, Penhook, VA 24137

    4beds
    2,268sqft
    Single Family Residence
    Built in 1971
    0.51 Acres Lot
    $775,700 Zestimate®
    $331/sqft
    $2,174 Estimated rent

    Home value

    $775,700

    $737,000 - $814,000

    $2,174/mo

    Zestimate® history
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    What's special

    Fully furnishedNearly half an acre
    Turn-key lakefront investment opportunity in the AirBNB zone of Pittsylvania County! 228 Cove Rd features 4 bedrooms, 4 baths, and 142 feet of deep-water frontage on nearly half an acre -- delivering some of the best views in the Cove of Smith Mountain Lake and the Blue Ridge Mountains. Designed for comfort, flexibility and is fully furnished. This home is ready for immediate enjoyment or rental income. Three bedrooms offer en-suite baths, including a spacious upper-level suite overlooking the water. Private deck access from an additional suite makes it perfect for guest privacy and elevated rental appeal. Outdoor living steals the show here. For added peace of mind, the seller has already pulled septic permits and completed a septic pump/inspection (report available) Whether you're looking for a full-time residence, vacation getaway, or income-producing investment, this turnkey lakefront home is move-in ready and sold fully furnished.

    Zillow last checked:

    Listing updated:

    Listed by:

    DANIEL A PERKINS 540-632-0767,

    KELLER WILLIAMS REALTY ROANOKE,

    VERONICA PERKINS 540-302-5089,

    KELLER WILLIAMS REALTY ROANOKE

    Bought with:

    WILLIAM ARTHUR KOHLS, 0225263761

    FIRST CHOICE REAL ESTATE LLC - HARDY

    Source: RVAR,MLS#: 920376MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Heating
    • Heat Pump Electric
    Cooling
    • Central Air
    Appliances
    • Included: Microwave Oven (Built In)
    Features
    • Flooring: Wood, Luxury Vinyl Plank
    • Doors: Fiberglass, Sliding Doors
    • Windows: Storm Window(s), Tilt-In
    • Furnished: Yes
    Interior area
    • Total structure area: 2,718
    • Total interior livable area: 2,268 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Driveway
    • Covered spaces: 2
    • Uncovered spaces: 3
    • Details: Off Street Parking
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Covered Porch, Screened Porch, Deck
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Cove, Beach Front, No Wake Area
    • Body of water: Smith Mtn Lake
    Lot
    • Size: 0.51 Acres
    • Features: Sloped Down, Views
    Details
    • Additional structures: Gazebo, Shed(s)
    • Parcel number: 1563214786

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Private Septic
    • Water: Private Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Penhook

    Financial & listing details

    • Price per square foot: $331/sqft
    • Tax assessed value: $607,400
    • Annual tax amount: $3,401
    • Date on market: 5/1/2026
    • Cumulative days on market: 152 days

    Price history

    DateEventPrice
    5/15/2026Sold$750,000-6.2%$331/sqft
    Source: RVAR #920376 Report a problem
    5/4/2026Pending sale$799,999$353/sqft
    Source: RVAR #920376 Report a problem
    5/1/2026Listed for sale$799,999+2.6%$353/sqft
    Source: RVAR #920376 Report a problem
    2/26/2026Listing removed$779,999$344/sqft
    Source: RVAR #920376 Report a problem
    2/25/2026Listed for sale$779,999$344/sqft
    Source: RVAR #920376 Report a problem
    1/29/2026Pending sale$779,999$344/sqft
    Source: RVAR #920376 Report a problem
    1/21/2026Price change$779,999+2.6%$344/sqft
    Source: RVAR #920376 Report a problem
    1/10/2026Pending sale$760,000-10.6%$335/sqft
    Source: RVAR #920376 Report a problem
    11/24/2025Price change$850,000-5.5%$375/sqft
    Source: RVAR #920376 Report a problem
    11/5/2025Price change$899,7900%$397/sqft
    Source: RVAR #920376 Report a problem
    10/23/2025Price change$899,8000%$397/sqft
    Source: RVAR #920376 Report a problem
    10/5/2025Price change$899,9000%$397/sqft
    Source: RVAR #920376 Report a problem
    9/22/2025Price change$899,950-10%$397/sqft
    Source: RVAR #920376 Report a problem
    8/29/2025Listed for sale$999,999+30%$441/sqft
    Source: RVAR #920376 Report a problem
    10/11/2022Sold$769,000-3.3%$339/sqft
    Source: Public Record Report a problem
    9/15/2022Pending sale$795,000$351/sqft
    Source: Owner Report a problem
    7/4/2022Price change$795,000-0.6%$351/sqft
    Source: Owner Report a problem
    5/9/2022Listed for sale$799,900+100%$353/sqft
    Source: Owner Report a problem
    2/11/2022Sold$400,000$176/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,401 +55.3%$607,400 +72%
    2023$2,190 $353,200
    2022$2,190 $353,200
    2021$2,190 $353,200
    2020$2,190 $353,200
    2019$2,190 $353,200
    2018$2,190 $353,200
    2017$2,190 -4.6%$353,200 -9.2%
    2016$2,295 $388,900
    2015$2,295 $388,900 -1.2%
    2011-- $393,700
    Find assessor info on the county website

    Neighborhood: 24137

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gretna Elementary
    • Middle: Gretna Middle
    • High: Gretna High

    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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    An equal housing lender. NMLS #10287.

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