Skip main navigation
Sold for $645,000 on 12/23/25
  • $645,000

    40 Bay Front Rd, Penhook, VA 24137

    4beds
    3,602sqft
    Single Family Residence
    Built in 1990
    0.81 Acres Lot
    $647,900 Zestimate®
    $179/sqft
    $2,839 Estimated rent

    Home value

    $647,900

    $583,000 - $719,000

    $2,839/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $2,839/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,839/mo

    Rent Zestimate®

    Refinance and save

    $3,774/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,774/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    For the first time in 30 years, this inviting lake-view home is available in the highly desirable Water's Edge neighborhood. Located on a beautifully landscaped lot with mature trees, outdoor gardens, and stunning views of the lake, this property offers both privacy and natural beauty in a truly special setting.The home exudes a charm and authenticity that's increasingly rare. The open floor plan features a soaring great room with cathedral ceilings and a fireplace with stone hearth, flowing effortlessly into a spacious kitchen designed for both everyday living and entertaining.A separate dining room allows for large family gathering, while the main-level primary suite includes lake views, a walk-in closet, and a calming sense of retreat. Two additional bedrooms complete the main floor. The finished walk-out lower level provides remarkable flexibility, ideal for guests or multigenerational living. It includes a full second kitchen, large recreation room with fireplace, bedroom, office, and 1.5 baths. The interior has just been freshly painted and is ready for you to move in and enjoy! Outdoor living is just as appealing, with a screened porch, expansive deck, and patio all offering serene spaces to relax or gather with friends, surrounded by gardens and views of the lake. Fully immerse yourself in the community by joining The Water's Edge Country Club and its renowned amenities including golf, equestrian, pool, tennis, restaurant and more. The Water's Edge golf course stands as a premier attraction of our lakefront community. This 18-hole, PGA Championship course was masterfully designed by the late R.F. Loving Jr., ASGC a nationally acclaimed golf course architect known for his visionary layouts and meticulous craftsmanship. Membership at The Water's Edge includes automatic enrollment in the prestigious McConnell Golf network. As a McConnell Golf member, you and your family gain access to an exclusive collection of private golf and country clubs across the region offering world-class amenities, championship-level courses, and a community of fellow golf enthusiasts. Current owner has an active country club membership. Don't miss your chance to see this wonderful home.

    Zillow last checked: 8 hours ago

    Listing updated: December 29, 2025 at 07:21am

    Listed by:

    DAVID SIMON 434-426-1520,

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    Bought with:

    AMY CAMPBELL, 0225235586

    RE/MAX LAKEFRONT REALTY INC

    Source: RVAR,MLS#: 919478MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump Electric
    Cooling
    • Heat Pump Electric
    Appliances
    • Included: Dryer, Washer, Trash Compactor, Dishwasher, Electric Range, Refrigerator
    Features
    • Flooring: Carpet, Ceramic Tile, Wood
    • Doors: Sliding Doors, Wood
    • Windows: Insulated Windows, Screens, Skylight(s)
    • Has basement: Yes
    • Has fireplace: Yes
    • Fireplace features: Basement, Great Room
    Interior area
    • Total structure area: 3,602
    • Total interior livable area: 3,602 sqft
    • Finished area above ground: 2,058
    • Finished area below ground: 1,544

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Paved, Garage Door Opener, Off Street
    • Has attached garage: Yes
    • Covered spaces: 2
    • Uncovered spaces: 2
    Features
    • Patio & porch: Deck, Patio
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Water Access Only
    • Body of water: Smith Mtn Lake
    Lot
    • Size: 0.81 Acres
    • Dimensions: 215 x 115
    Details
    • Parcel number: 0510706100
    • Zoning: RPD

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood
    Condition
    • Completed
    • Year built: 1990

    Utilities & green energy

    • Electric: 0 Phase
    • Utilities for property: Cable Connected, Underground Utilities, Cable

    Community & neighborhood

    Community
    • Community features: Pool, Golf
    Location
    • Region: Penhook
    • Subdivision: The Waters Edge

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $200 annually

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/23/2025Sold$645,000-4.4%$179/sqft
    Source: RVAR #919478 Report a problem
    11/9/2025Pending sale$675,000$187/sqft
    Source: RVAR #919478 Report a problem
    10/20/2025Price change$675,000-3.6%$187/sqft
    Source: RVAR #919478 Report a problem
    9/13/2025Price change$700,000-6.7%$194/sqft
    Source: RVAR #919478 Report a problem
    8/8/2025Listed for sale$750,000$208/sqft
    Source: RVAR #919478 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,589 $602,000
    2024$2,589 +0.9%$602,000 +43.2%
    2023$2,565 $420,500

    Find assessor info on the county website

    Neighborhood: 24137

    Nearby schools

    GreatSchools rating
    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.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.