200 Sweetwater Bay Dr
Penhook, VA 24137
9
Bed
6
Bath
3,941Sqft
1.14Acres(Lot)
WATERFRONT LUXURY IN ONE OF SMITH MOUNTAIN LAKE'S MOST SOUGHT-AFTER LOCATIONS - SHORT-TERM RENTABLE! Experience the pinnacle of lakefront living in this exceptional newly constructed waterfront retreat, perfectly located on a flat lot with crystal-clear water, expansive shoreline views, and outstanding rental potential. Projected to generate over $350,000 annually in rental income, this property offers a rare opportunity to own both a high-performing investment and an unforgettable private retreat. Designed with timeless Craftsman architecture, this stunning home features 9 spacious bedrooms and 6 full bathrooms, supported by an 8-bedroom septic system and a community-maintained offsite well.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 9Bathroom Information
Full Baths: 6Room Information
Has Basement: Yes Basement: Partial, Walk-Out Access -
Flooring Information
Tile -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump Water front: 1
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Building Information
Year Built: 2025 Frontage Length: 150.00 Private Pool: No
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Lot Information
Lot Dimensions: 1.14 Lot Size Acres: 1.14 Lot Description: WaterfrontProperty Information
Subdivision: Sanctuary Village Source Property Type: Residential Property SubType: Single Family Residence Property Age: 1
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Listing Price Information
Listing Price: $2495000
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Tax Information
Parcel Number: 1563-74-5134 Tax Lot: 19 Tax Block: 0 Annual Tax: $1833
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School Information
Elementary School: Other - See RemarksJunior High School: Other - See RemarksSenior High School: Other - See Remarks -
Location Information
Direction: Old Franklin Tpke. to left on Old Mountain rd left on Smith mt. Rd. to right onto Sanctuary Bay rd to end, property on Left WaterSource: Private, Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 268 Sweetwater Bay Dr, Penhook, VA, 24137 | $649,900 | 3 | 3 | 1,891 | 1,891 SqFt |
| 189 Hardy Ct, Penhook, VA, 24137 | $1,750,000 | 3 | 4.5 | 4,546 | 4,546 SqFt |
| 208 Munsons Rd, Penhook, VA, 24137 | $629,900 | 2 | 3.5 | 1,500 | 1,500 SqFt |
| 337 Emerald Pointe Pt, Penhook, VA, 24137 | $1,495,000 | 4 | 3 | 2,980 | 2,980 SqFt |
| 176 Three Point Isle Dr, Penhook, VA, 24137 | $3,599,000 | 5 | 4.5 | 5,678 | 5,678 SqFt |
| 315 Upland Shores Dr, Penhook, VA, 24137 | $3,125,000 | 5 | 5.5 | 5,805 | 5,805 SqFt |
| 197 Mountain Shore Dr, Penhook, VA, 24137 | $2,435,000 | 4 | 4.5 | 3,925 | 3,925 SqFt |
| 190 Upland Shores Dr, Penhook, VA, 24137 | $1,399,000 | 3 | 3.5 | 2,366 | 2,366 SqFt |
| 25 Findlay Cir, Penhook, VA, 24137 | $2,395,000 | 4 | 3.5 | 5,565 | 5,565 SqFt |
| 31 Flagstick Ct, Penhook, VA, 24137 | $1,099,000 | 4 | 2.5 | 2,803 | 2,803 SqFt |
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ByOwner last updated this listing 07/23/2026 @ 17:30
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