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200 Sweetwater Bay Dr , Penhook, VA 24137

$2,495,000

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Active

BEDS9 BATHS6 full SQUARE FEET3,941 MLS#928704

STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSanctuary Village

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Property Description

WATERFRONT LUXURY IN ONE OF SMITH MOUNTAIN LAKE'S MOST SOUGHT-AFTER LOCATIONS - SHORT-TERM RENTABLE! Experience the pinnacle of lakefront living in this exceptional newly constructed waterfront retreat, perfectly located on a flat lot with crystal-clear water, expansive shoreline views, and outstanding rental potential. Projected to generate over $350,000 annually in rental income, this property offers a rare opportunity to own both a high-performing investment and an unforgettable private retreat. Designed with timeless Craftsman architecture, this stunning home features 9 spacious bedrooms and 6 full bathrooms, supported by an 8-bedroom septic system and a community-maintained offsite well.

200 Sweetwater Bay Dr | MLS# 928704

This single family home located at 200 Sweetwater Bay Dr , Penhook, VA 24137 is currently listed for sale with an asking price of $2,495,000. This property was built in 2025 and has 9 bedrooms and 6 full baths with 3941 sq. ft. Sweetwater Bay Dr is located in the Sanctuary Village subdivision. Search Sanctuary Village real estate on www.timthompsonrealtor.com today.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Cooling: Heat Pump Electric

Heating: Heat Pump Electric

Home Style: 1.5 Story, Contemporary

Lot Size: 1.14 Acres

Taxes: $1,833

Year Built: 2025

Feature Descriptions

Days on Site: 18

Exterior: Other - See Remarks

Floor: Tile - i.e. ceramic

Lot: Level, Secluded

Lot Dimensions: 1.14 acre(s)

Nearby Water: Smith Mountain Lake

Sewer: Private Septic

Water: Private Well

Listed By / Shown By

Listed By

Agency Name: VIRGINIA REALTY GROUP
Agency Phone: (540) 929-1000

Shown By

Agent Name: Tim Thompson
Agent Phone: (540) 353-7073
Agency Title: MKB, REALTORS

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Estimated Payment

$ 6,433.25 per month $5,552.79 Principal & Interest $152.75 Property Tax $727.71 Homeowner's Insurance

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200 Sweetwater Bay Dr , Penhook, VA 24137

$2,495,000

SAVE TOUR THIS HOME

Tim Thompson Office: (540) 989-4555 ext. 310 Cell: (540) 353-7073 Toll Free: (800) 879-6527 Email Me

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 8:13:21 AM EST) or Roanoke Valley MLs (last updated Fri 07/10/2026 8:11:30 AM EST). Real estate listings held by brokerage firms other than MKB, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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