Waterfront - Golf Course - Eco Friendly
Address
176 Three Point Isle Dr, Penhook, VA
Price
$ 3,499,000
Property Attributes
  • MLS#925505
  • TypeSingle Family
  • Listing Status Active
  • CountyFRANKLIN
  • CityPenhook
  • Area0490 - SML Franklin County
  • NeighborhoodThree Pointe Isle
  • Zip24137
  • StyleContemporary
  • Year Built2022
  • Taxes$ 7918
  • Price$ 3,499,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage5678
  • Lot Size0.84 Acres
Data Source:
Roanoke Valley MLS (RVAR)
Property Description

Stunning Smith Mountain Lake waterfront estate designed by renowned lake architect Antonio Veloso and constructed in 2022 as a luxury home builder's personal residence. A showcase of elegance and craftsmanship, this remarkable property is nestled on nearly an acre on the exclusive Three Pointe Isle peninsula and offers sweeping lake views from multiple vantage points. From the front of the home, enjoy spectacular sunset views across Smith Mountain Lake toward Smith Mountain. Behind the home, the property opens to a calm, protected cove with main-lake views and almost no boat traffic--creating an extraordinary setting that combines dramatic scenery with peaceful waterfront living. Offering over 5,500 square feet of luxury construction, the residence was built with exceptional quality and attention to detail. Constructed with 2x6 exterior walls, spray foam insulation, and premium Pella Lifestyle doors and windows designed to maximize both energy efficiency and the incredible water views. The home features four spacious en-suites on a three-bedroom septic, including a main-level primary suite with private deck access, stunning lake views, and a spa-inspired bath. The secondary bedrooms are equally impressive, both featuring vaulted ceilings, with one offering its own private balcony overlooking the beautiful main-lake views. A large bonus room with a walk-in closet is currently styled as an oversized fifth bedroom or playroom, providing flexible space for guests or recreation. The finished walkout basement is designed for entertaining and extended guest stays. Featuring a kitchenette, second laundry room, private en-suite bedroom, powder room with a convenient changing area for lake days, and two additional flex rooms that can serve as guest rooms, hobby spaces, offices, or fitness rooms. Technology and convenience are seamlessly integrated throughout the home with a high-tech whole-house audio and visual system with interior and exterior speakers, a security system with exterior cameras, elegant exterior uplighting, and a programmable irrigation system. Brand New 4 ft. decorative aluminum fence on three sides. The waterfront amenities are equally impressive. The enormous dock is designed as a true lakefront entertainment hub and includes two boat lifts, two jet ski docks, expansive party space, a giant floater, kayak launch, and paddleboard racks--perfect for enjoying the Smith Mountain Lake lifestyle to its fullest. Located in the peaceful Penhook area of Smith Mountain Lake, the home is just three miles from The Water's Edge Country Club, where non-resident memberships are available for golf, dining, tennis, and social activities. Furnishings by Bassett may be purchased separately, offering the opportunity for a nearly turnkey luxury lakefront retreat. Main Photo from 2025.

Elementary School Middle School High School
Glade Hill Elementary School Ben Franklin Middle Franklin County High School
Price History
3/27/2026 Listed $3,599,000
8/21/2026 3$3,499,000

General Features

Heating Zoned,Heat Pump Electric
Cooling Heat Pump Electric,Zoned,Central Air
Utilities Underground Util
Appliances Other - See Remarks,Microwave Oven (Built In)
Patio/Porch Features Covered Porch,Deck,Front Porch,Patio,Rear Porch
Architectural Style Contemporary
Security Features Security System
Year Built 2022
Electric Generator
View Sunset,Mountain(s),Lake
Levels 2 Story
Property Subtype Single Family Residence
Waterfront Features Cove,Riprap Shoreline
County Franklin County
New Construction No
Property Type Residential
HOA No
Attached Garage No
Energy Efficient 2 X 6 Exterior Walls
Subdivision Name Three Pointe Isle
Total Rooms 12
Full Baths 4
Status Active
Directions Heading east on VA-40 E/Old Franklin Turnpike,turn left onto Old Mountain Rd. Turn left onto Smith Mountain Rd. Turn left onto Three Point Isle Dr.
High School Franklin County
City Penhook
MLS Area 0490 - SML Franklin County
Lot Size Units Acres
Lot Size Square Feet 36590.4
Carport Spaces 0.0
Carport Y/N No
Elementary School Glade Hill
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7918.0
Home Warranty Y/N No
Middle/Junior High School Ben Franklin Middle
Lease Renewal Y/N No
MLS Area Minor 0490 - SML Franklin County
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://vimeo.com/manage/videos/1179283087
Standard Status Active
Tax Lot 4
MobileHomeRemainsYN No
Senior Community None

Interior Features

Interior Amenities Other - See Remarks,Wired For Data,Wired for Sound,Walk-In Closet(s),Ceiling Fan(s),Wet Bar
Total Fireplaces 3
Fireplace Features Primary Bedroom,Living Room,Gas Log,Basement,Recreation Room
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 2
Total Bedrooms 5
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 6

Exterior Features

Exterior Amenities Other - See Remarks,Balcony
Parking Features Paved Driveway,Garage Door Opener
Lot Features Gentle Sloping,Views
Water Source Private Well
Lot Size Area 0.84
Spa No
Building Area Total 5678.0
Lot Size Acres 0.84
Waterfront Y/N Yes
Covered Spaces 2.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 24137

Price
AVG $1.83M
$3.5M
Taxes
AVG $3,635
$7,918
Year Built
AVG 2004
2022
Visits
AVG 37
92
Data Provided by Inside Real Estate®