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Single family home for sale at 200 Sweetwater Bay Dr, Penhook, VA 24137 | MLS# VAFK2000140 | Listing updated on 2026-11-03
Photo 1 of Single family home for sale at 200 Sweetwater Bay Dr, Penhook, VA 24137 | MLS# VAFK2000140 | Listing updated on 2026-11-03
Photo 2 of Single family home for sale at 200 Sweetwater Bay Dr, Penhook, VA 24137 | MLS# VAFK2000140 | Listing updated on 2026-11-03
Photo 3 of Single family home for sale at 200 Sweetwater Bay Dr, Penhook, VA 24137 | MLS# VAFK2000140 | Listing updated on 2026-11-03
Photo 4 of Single family home for sale at 200 Sweetwater Bay Dr, Penhook, VA 24137 | MLS# VAFK2000140 | Listing updated on 2026-11-03
62+
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Street View

$2,189,950

Monthly Est:$10,900

  • Beds Icon9 Beds
  • Beds Icon
    6 Baths
  • Beds Icon4,150sqft

200 Sweetwater Bay Dr, Penhook, VA 24137

$10,900/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 2026

  • $-- HOA

  • -- sqft lot

  • $528/sq.ft

Description

**DSCR APPROVED!** SELLER OFFERING FURNITURE CREDIT! SHORT TERM RENTABLE WATERFRONT LUXURY AT ITS FINEST IN ONE OF SMITH MOUNTAIN LAKE'S MOST COVETED LOCATIONS! Welcome to your future extraordinary waterfront property where sophisticated design and spectacular construction come together in harmony. This exceptional Craftsman-inspired luxury estate is set on a rare, level waterfront lot with pristine water, expansive shoreline views, and an enviable location. With projected rental income exceeding $350,000 ANNUALLY, this is a truly exceptional opportunity to own your premier Smith Mountain lakefront property with both remarkable lifestyle appeal and substantial income potential. From the moment you arrive, the quality and craftsmanship are unmistakable. The timeless Craftsman architecture is complemented by durable cementitious siding and thoughtfully selected exterior finishes designed with curb appeal and top of the line materials in mind. Inside, the impressive 9-bedroom, 6-full-bath residence offers an inviting open-concept design, with an 8-bedroom septic system and community-maintained offsite well. Soaring vaulted ceilings accented by shiplap, walls of natural light, and elevated finishes create an atmosphere that feels simultaneously grand and effortlessly luxurious. At the heart of the home is a spectacular gourmet kitchen designed to bring people together. Custom cabinetry, a statement farmhouse sink, designer vent hood, generous counter space, and an expansive gathering area create the perfect setting for everything from relaxed family breakfasts to unforgettable dinners with a house full of guests. The kitchen flows seamlessly into the main living and dining areas and opens to the covered outdoor dining porch, making entertaining truly at your fingertips. Throughout the home, every space has been thoughtfully curated for your future indulgence. Beautifully tiled showers add a sophisticated touch, while the luxurious primary suite provides a peaceful escape overlooking the lake. Its spa-inspired bathroom features a spacious walk-in shower and tranquil water views, creating the perfect place to unwind after a long day on the lake.

Modern smart-home technology adds an additional layer of modern touch, with smart thermostats and integrated technology systems thoughtfully incorporated throughout the property to enhance functionality. The outdoor living spaces allow the escape to continue. Multiple expansive covered porches dramatically extend the living area and feature rich cedar tongue-and-groove ceilings, a stone fireplace, and television -- creating an inviting setting for your morning coffee, watching the sunrise on the lake. The heated saltwater pool, equipped with Omni Smart controls, provides the perfect centerpiece for summer days spent lakeside. Just beyond, a Hot Spring 8-person hot tub invites you to relax while taking in sweeping views of the water. The poolside recreation room elevates entertaining even further, complete with a wet bar and cascading glass doors that seamlessly connect the spaces. And then there is the dock -- a destination all its own. The impressive covered waterfront dock features an upper-level party deck, enclosed bar area, and abundant room for anything your heart desires. THIS IS EVERYTHING YOU NEED, AND MORE! DON'T MISS OUT ON THIS BLESSING! Buyers and Buyer's Agent to independently verify all property information. Rental income is projected and is not guaranteed. Interior and exterior photos 14-56 shown are of the model home upon which this completed residence was based and may not represent the exact finishes, furnishings, landscaping, or features of the subject property.

  • Houzeo last checked: 4 minutes ago
  • Listing updated: November 3, 2026 at 3:45 pm
  • Listing Provided by: Kendra Porter (540) 676-5454 | Virginia Realty Group (540) 676-5454
  • Source: Bright MLS-NJ | MLS#: VAFK2000140 Bright MLS-NJ

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Franklin Va County

  • City

    Penhook

  • Neighborhood

    --

  • Year Built

    2026

  • HOA Fees

    -

  • Finished Area

    4,150 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Bright MLS

  • MLS Number

    VAFK2000140

  • MLS Status

    ACTIVE-BRIGHT

  • Days on Market

    47

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 9

    Bathrooms: 6

Interior

  • Sewer

    Private Septic Tank

  • Cooling

    Heat Pump(s)

  • Heating

    Heat Pump(s)

Construction

  • Year Built

    Year Built: 2026

  • Home type

    Single Family Residence

  • Construction Materials

    Other

  • Architectural Style

    Coastal

  • Property Condition

    Excellent

  • Foundation Details

    Other

Utilities & Energy

  • Basement

    Walkout Level

  • Water Source

    Private

Other Features

  • Subdivision Name

    None Available

Price History

DateEventPrice

10/13/2026

Source: mls_logoBright MLS-NJ #VAFK2000140

Price Change

$2,189,950

$528/sqft

10/06/2026

Source: mls_logoBright MLS-NJ #VAFK2000140

Price Decreased

$2,190,000 -8.37%

$528/sqft

09/18/2026

Source: mls_logoBright MLS-NJ #VAFK2000140

Listed for Sale

$2,390,000

$576/sqft

Based on information from Bright MLS through Nov 07, 2026, 04:30AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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