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Recreational Land for Sale in Penhook, Virginia

5625 Smith Mountain Rd, Penhook, VA 24137

$5,750,000
41 acres
Active sale
ago
Est $29,151/mo

One of a kind prime lakefront investment property that is currently a luxury campground w/approx 41 acres, 3,750' +/- of waterfront & 129 mobile home/camper sites w/water & septic hookups included plus 3 office sites. The tenants pay the electric. All campsites are grandfathered in & there is a permit for the park. This property is also perfect for a development tract for a new subdivision w/a terrific location on the lake & wide water views from each lot. All docks grandfathered in . Off water boat storage rentals under a cover shelter also rent out. Swimming area, covered pavilion for picnics & offers wifi, boat ramp, walking & golf cart trails. Bath house, pump station, 4 wells & 20 septic tanks (tanks pumped every year). Property, mobile homes & docks Sold As-Is) Appointment only. Campground has a Pumpout Station & Bath House. Cemetery located on the property. The seller mows the cemertery but it is used by the Ferguson family. One of the day docks can be used all day and has spaces for 4 different boats. 62 docks (56 docks are owned by the tenants and the owner owns 6 docks). The day docks can be used for just for one hour at a time. Also, included is a doublewide that is used as one office, singlewide being used as a second office and a third singlewide used as a tool storage building. During the warmer months there is Boat Church on the lakefront & people can attend in person by car or boat. Water tests are done quarterly. GIS SHOWS 39.57 ACRES BUT THEN IT ALSO SHOWS IT TO BE 41 ACRES. SELLER IS SELLING PROPERTY AS 41 ACRES +/- SOLD AS-IS.

Sq feet

Location

Street address
5625 Smith Mountain Rd
Elevation
831 feet
Coordinates
37.0264, -79.5954

Directions

Rt 40 East, Left on Rt 645, L on Smith Mountain Rd to property on the left

Property details

Acreage
41 acres
MLS #
RVAR 925732
Posted

Property taxes

Recent
$18,859

Parcels

  • 1563-34-1654

Details and features

Listing

Type
Land
Franchise
RE/MAX International

Lot

View
Lake
Waterfront
Waterfront
Features
Gentle Sloping

Nearby schools

NameType
Gretna ElementaryElementary
Gretna MiddleMiddle
Gretna HighHigh

Listing history

DateEventPriceChangeSource
Apr 17, 2026New listing$5,750,000RVAR
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This 41-acre property is located at 5625 Smith Mountain Rd in Penhook, VA 24137. The property is available for sale for $5,750,000. It has a structure.

Checked 1 hour ago — Updated

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