320 Fingerlake RD, Penhook, VA 24137

$650,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,796 Lot Size (sq. ft.): 21,344 Status: Closed
Current Price: $650,000 List Date: 3/25/2025 Last Modified: 7/24/2025

Description

A Rare Waterfront Opportunity on Smith Mountain Lake! This sprawling 3-bedroom, 3-bath ranch-style home with a finished terrace level is brimming with potential and ready for your personal touch. Perfectly positioned to take in the beauty of Smith Mountain Lake, the open floor plan features a spacious sunroom offering panoramic lake views, along with multiple decks and porches ideal for outdoor living and entertaining. Downstairs, the terrace level boasts a cozy stone fireplace and an impressive bar area—perfect for hosting gatherings or relaxing after a day on the water. Whether you're looking for a full-time residence, a vacation retreat, or an investment property, this rare lakefront gem checks all the boxes—and short-term rentals are allowed, offering incredible income potential

Supplements: Seller is now offering short term owner financing with an acceptable offer. Fantastic investment opportunity.

More Information MLS# 915528

Contract Information

Current Price: $650,000 Sold Price: $650,000 List Date: 2025-03-25 Status: Closed

General Property Description

Property Sub-Type: Single Family Residence Residential Type: Detached Construction Status: Completed Year Built: 1981 Total Bdrm: 3 Total Bths: 3 Total F Baths: 3 Entry Above Grd Fin SQFT: 1596 Entry Below Grd Fin SQFT: 1200 Total Fnshd SqFt: 2796 Total Above Grd Fin SQFT: 1596 Grand Total Attached SQFT: 2796 Basement Y/N: Yes Prim. Covered Prking: Carport Attached # Prim Cov Spaces: 3 Total Cov'd Prk Spc: 3 Total Acreage: 0.49 Water Class: Waterfront Property Water ID: Smith Mtn Lake Length of Waterfront: 75

Location Legal Taxes

Area: 1690 - SML Pittsylvania County Street Number: 320 Street Name: Fingerlake Street Suffix: RD State/Province: VA Zip Code: 24137 Subdivision: Penhook Municipality: Pittsylvania County Elementary School: Gretna Elementary Middle School: Gretna Middle High School: Gretna High

Status Change Info

Ratified Contract Dt: 2025-05-07 Sold Date: 2025-07-22 Sold Price: $650,000

Primary Bedrooms

Primary BR Entry Lvl: 1

Bedrooms

BR Entry Level: 2 BR Lower Level: 1

Full Baths

Full Baths Entry Lvl: 2 Full Baths Lower Lvl: 1

Laundry

Laundry Lower Level: 1

Water Details

Number Covered Slips: 3

Property Features

Style of House: Ranch Limited Service: Not Limited Service Construction: Brick; Vinyl Basement: Full; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Fireplace: Basement Interior Features: Cathedral Ceiling(s) Exterior Features: Deck; Fenced Yard; Hot Tub Views: Lake; Sunrise; Sunset Appliances: Dishwasher; Refrigerator; Range Electric Floors: Laminate; Vinyl Porch: Covered Porch Water Description: Private Well Sewer Description: Private Septic Boat Dock Desc: Stationary; Boat Hoist Water Features: No Wake Area

Room Information

Bedroom 1 Level: Entry Level: Entry
Listing Office: RE/MAX LAKEFRONT REALTY INC
Last Updated: July - 24 - 2025
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