Milan Manor is a once-in-a-generation private estate offering a level of privacy, and lakefront that is virtually impossible to replicate at Smith Mountain Lake. Situated on 26+ acres of contiguous, private lakefront land with 658 feet of pristine shoreline, the property combines historic character, modern luxury, and complete seclusion in a setting designed for families seeking legacy ownership.Closest neighboring residence > mile away, Milan Manor delivers true estate-level privacy--a rarity on any major lakefront, and especially at Smith Mountain Lake. Investors welcome, Seller has received Special Use permit and full plans for Resort inc. Event Barn, 40 Villas, Clubhouse, Huge low density dock. Site plans and Blueprints complete for Shovel Ready Project! Developer Friendly "Views: Mountain views, water views, and long lake vistas
"Privacy: Estate-scale seclusion with no visible neighboring density
"Topography: Gently rolling land suitable for pasture, trails, and equestrian use
The scale and configuration of the land allow Milan Manor to function as a true private compound, equally suited as a family retreat, legacy estate, or lakefront equestrian property. Milan Manor has undergone a top-to-bottom renovation in 2025, blending timeless farmhouse character with refined modern comforts and curated, whimsical décor.
Key interior features include:
"Commercial-grade catering kitchen with professional stove and multiple refrigerators
"Speakeasy-style bar and lounge, ideal for private entertaining
"Billiards and game room for relaxed gatherings
"Large private suites, with sitting areas suitable for extended family or guests
Key Exterior Features
"Walk-around screened porch, perfect for three-season lakefront living
"Private Pickleball and Sports Shooting Range
"Two Firepit Areas
"Large Lake-facing Patio
"Massive Covered and Screened Wrap Around Porch
The home was designed to accommodate large gatherings while still feeling intimate, making it ideal for multigenerational use or private hosting.
For sale
$4,999,000
750 Penn Hall Rd, Union Hall, VA 24176
5beds
6,638sqft
Est.:
Single Family Residence
Built in 1940
26.15 Acres Lot
$-- Zestimate®
$753/sqft
$-- HOA
What's special
Mountain viewsHistoric characterLong lake vistasModern luxuryLarge lake-facing patioTwo firepit areasWater views
- 37 days |
- 1,619 |
- 60 |
Zillow last checked: 7 hours ago
Listing updated: March 15, 2026 at 01:33pm
Listed by:
CRAIG R WILSON 703-930-6999,
RE/MAX LAKEFRONT REALTY INC
Source: RVAR,MLS#: 925167
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 8
Primary bedroom
- Description: Huge Ensuite with Sitting Area, Makeup Stations, Full Bath, Ext Access
- Level: E
Primary bedroom
- Description: Primary EnSuite with Sitting Room and Coffee Bar, Fireplace
- Level: U
Bedroom 3
- Description: Fireplace
- Level: U
Bedroom 4
- Description: Ensuite with Full bath.
- Level: U
Bedroom 5
- Description: Ensuite with Sitting Room and Full Bath
- Level: E
Other
- Description: Large Island
- Level: E
Den
- Description: Decorated Bar/Speakeasy with Fireplace and TV
- Level: E
Dining area
- Description: Kitchen Island
- Level: E
Eat in kitchen
- Description: Large Kitchen Island with Dining options
- Level: E
Family room
- Level: E
Foyer
- Level: E
Game room
- Description: Pool Table, ShuffleBoard Table, Darts, Arcade Games
- Level: L
Kitchen
- Description: Large Commercial Kitchen
- Level: E
Living room
- Description: With Fireplace
- Level: E
Mud room
- Level: E
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Appliances
- Included: Dryer, Washer, Dishwasher, Disposal, Down Draft, Freezer, Electric Range
Features
- Breakfast Area, Indirect Lighting, Storage
- Flooring: Ceramic Tile, Wood
- Doors: Wood
- Windows: Bay Window(s)
- Has basement: Yes
- Number of fireplaces: 5
- Fireplace features: Dining Room, Family Room, Living Room, Other - See Remarks, Flue Available
Interior area
- Total structure area: 8,218
- Total interior livable area: 6,638 sqft
- Finished area above ground: 5,728
- Finished area below ground: 910
Video & virtual tour
Property
Parking
- Total spaces: 40
- Parking features: Paved, Other
- Uncovered spaces: 40
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Rear Porch, Side Porch
- Exterior features: Other - See Remarks
- Has view: Yes
- View description: Sunrise
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, Point, Riprap Shoreline, Southern Exposure
- Body of water: Smith Mtn Lake
Lot
- Size: 26.15 Acres
- Features: Horses Permitted, Secluded, Views
Details
- Parcel number: 051 00020 02
- Zoning: A1-see remarks
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Completed
- Year built: 1940
Utilities & green energy
- Electric: 0 Phase
- Water: Well
- Utilities for property: Cable Connected, Cable
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Union Hall
Financial & listing details
- Price per square foot: $753/sqft
- Tax assessed value: $838,200
- Annual tax amount: $9,150
- Date on market: 3/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,666/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Listed for sale | $4,999,000+402.4%$753/sqft |
Source:  RVAR #925167 Report a problem | ||
| 12/3/2021 | Listing removed | -- |
Source: RVAR #884527 Report a problem | ||
| 10/16/2021 | Listed for sale | $995,000$150/sqft |
Source: RVAR #884527 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,604 +20.7% | $838,200 +20.7% |
| 2024 | $2,986 -13.5% | $694,300 +22.7% |
| 2023 | $3,451 | $565,700 |
| 2022 | -- | $565,700 |
| 2021 | -- | -- |
| 2020 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
$26,918/mo
Principal & interest
$24710
Property taxes
$2208
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Climate risks
Neighborhood: 24176
Nearby schools
GreatSchools rating
- 7/10Glade Hill Elementary SchoolGrades: PK-5Distance: 5.1 mi
- 5/10Ben. Franklin Middle-WestGrades: 6-8Distance: 12.5 mi
- 4/10Franklin County High SchoolGrades: 9-12Distance: 12.1 mi
Schools provided by the listing agent
- Elementary: Dudley
- 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.
Local experts in 24176
- Virginia
- Franklin County
- Union Hall
- 24176
- 750 Penn Hall Rd
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