Agent profile image in chat bubble
Agent profile image in chat header

IDX Support

sales rep | Brivity IDX

Agent profile image in message

200 Sweetwater Bay Dr , Penhook, VA 24137
$2,189,950
Est. Payment: $11,472.86/mo
9 Bed
6 Bath
4150 Sqft
Status: pending | Days on site: 53
Get Pre-Qualified
VIRNG1 - 3389187
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House 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.

Highlights

Listed by Kendra Porter , 5406765454 Virginia Realty Group , 5406765454. Bright MLS

Property Type

Residential

Year Built

2026

County

Franklin

Neighborhood

None Available

School District

Franklin County Public Schools

Listing ID

VAFK2000140

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6
Air Cond:Heat Pump(s)
Fireplaces:
Above Ground Sq Ft:2139
Below Ground Sq Ft:2011
Basement:Walkout Level
Other:
  • ▪ Main Floor Bedrooms:2
Water:Private

Exterior Features

Lot:Horse Property: No,Waterfront
Lot Dimensions:1.14 Acres
Zoning:0
Others:
  • ▪ Additional:Excellent
Sewer:Private Septic Tank
Principal Interest
$11,473
Taxes
$153

Home Price

$2,189,950

Loan Details

30 yrs
6.844%

Down Payment

20%
$437,990
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,472.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,472.86 $152.75 $0.00 $11,625.61
Yearly $137,674.36 $1,833.00 $0.00 $139,507.36
Total $4,130,230.91 $54,990.00 $0.00 $4,185,220.91
Lender profile image
Chico Gordy
Test
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Penhook, VA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS