5625 Smith Mountain RD, Penhook, VA 24137

$5,750,000
Property Type: Commercial Lot Size (sq. ft.): 1,785,960 Status: Active
Current Price: $5,750,000 List Date: 3/20/2026 Last Modified: 3/24/2026

Description

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.

Supplements: 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.

More Information MLS# 925676

Contract Information

Current Price: $5,750,000 List Price: $5,750,000 List Date: 2026-03-20 Status: Active

General Property Description

Construction Status: Completed Total Acreage: 41 Flood Area: No On site Parking: Yes Lease Available: No Water Class: Waterfront Property Water ID: Smith Mtn Lake Length of Waterfront: 3750

Location Legal Taxes

Area: 1690 - SML Pittsylvania County Street Number: 5625 Street Name: Smith Mountain Street Suffix: RD State/Province: VA Zip Code: 24137 Municipality: Pittsylvania County

Property Features

Limited Service: Not Limited Service Commercial Type: Investment Business Type: Other Sale Includes: Other - See Remarks Construction: Other - See Remarks Heating: Other - See Remarks Cooling: Other - See Remarks Manufactured Homes: HUD Tag - DoubleWide Additional Features: Other - See Remarks Water Description: Private Water Sewer Description: Private Septic Views: Lake Boat Dock Desc: A-Roof; Floater; Stationary
Listing Office: RE/MAX LAKEFRONT REALTY INC
Last Updated: March - 24 - 2026
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