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MLS: #VAFK2000140, Listed By: Kendra Porter, Virginia Realty Group, Source:Bright MLS

200 Sweetwater Drive

PENHOOK, VA 24137
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Bed 9

Bed

Bath 6

Bath

SqFt4,150

Sqft

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. Set to be completed in October 2026, 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 b y 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,390,000

AD Id : 91356904

MLS Id : VAFK2000140

Beds : 9

Living Area Size : 4,150 Sq. Ft

Tax Amount : $1,833

Year Built : 2026

County : FRANKLIN

Subdivision: The Circles

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 6 Full Baths: 6

    Room Information

    Has Basement: Yes Basement: Walk-Out Access
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Heat Pump Has Cooling: Yes Cooling: Heat Pump, Electric Water front: 1

  • Building Information

    Year Built: 2026 Building Area Total: 4150 Construction Materials: Other Frontage Length: 150 Pool Features: Private Private Pool: Yes Water front Features: Lake View: Water, Lake

  • Lot Information

    Lot Dimensions: 1.14 Acres Lot Description: Waterfront

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Property SubType: Single Family Residence Levels: One and One Half Property Age: 0

  • Listing Price Information

    Listing Price: $2390000

  • Tax Information

    Parcel Number: 1563-74-5134 Tax Year: 2026 Annual Tax: $1833

  • Parking Information

    None

  • 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
250 Mountain Vista Dr, Penhook, VA, 24137 $3,450,000 9 7.5 4,410 0.68 Acre
268 Sweetwater Bay Dr, Penhook, VA, 24137 $649,900 3 3 1,891 3.15 Acres
200 Sweetwater Bay Dr, Penhook, VA, 24137 $2,390,000 9 6 4,150 1.14 Acres
6015 Smith Mountain Rd, Penhook, VA, 24137 $1,599,000 4 4 2,645 1.19 Acres
337 Emerald Pt Pt, Penhook, VA, 24137 $1,495,000 4 3 2,980 0.32 Acre
176 Three Point Isle Dr, Penhook, VA, 24137 $3,499,000 5 6 5,678 0.84 Acre
315 Upland Shores Dr, Penhook, VA, 24137 $3,125,000 5 6 5,805 0.41 Acre
197 Mountain Shore Dr, Penhook, VA, 24137 $2,435,000 4 5 3,925 0.51 Acre
34 Mountain Glen Dr, Penhook, VA, 24137 $3,999,000 5 8 6,892 0.64 Acre
25 Findlay Cir, Penhook, VA, 24137 $2,395,000 4 4 5,565 0.82 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/20/2026 @ 05:09

MLS: VAFK2000140 LISTED BY: Kendra Porter, Virginia Realty Group 540-676-5454 SOURCE: Bright MLS

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