188 Locust Ln, Penhook, VA 24137
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OFF MARKET

    188 Locust Ln, Penhook, VA 24137

    Home Value

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    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.38
    Lot/Land
    $460,000
    11/04/25
    -
    -
    0.49
    Lot/Land
    $600,400
    08/26/26
    -
    -
    0.50
    Lot/Land
    $699,900
    09/11/26
    -
    -
    0.61
    Lot/Land
    $765,000
    08/03/26
    -
    -
    0.72
    Lot/Land
    $2,424,900
    05/22/26
    -
    -
    1.24
    Lot/Land
    $82,500
    08/06/26
    -
    -
    1.35
    Lot/Land
    $30,000
    12/30/25
    -
    -
    1.37
    Lot/Land
    $25,000
    07/31/26
    -
    -
    1.40
    Lot/Land
    $25,000
    06/30/26
    -
    -
    1.40
    Lot/Land
    $25,000
    06/30/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.12
    $561,200
    2
    1
    940
    Off Market
    0.13
    $503,800
    2
    1
    560
    Off Market
    0.24
    -
    -
    -
    -
    Off Market
    0.35
    $603,400
    3
    2
    1,288
    Off Market
    0.38
    $1,550,000
    3
    4.5
    4,546
    Recently Sold
    0.39
    $750,000
    3
    2
    1,750
    Recently Sold
    0.38
    -
    -
    -
    -
    Off Market
    0.38
    -
    -
    -
    -
    Off Market
    0.38
    -
    -
    -
    -
    Off Market
    0.38
    -
    -
    -
    -
    Off Market
    0.41
    -
    -
    -
    -
    Off Market
    0.44
    $1,144,300
    4
    3
    2,537
    Off Market

    Homes for rent near 188 Locust Ln

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    Local Information

    • Map ViewExplore the area around 188 Locust Ln.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    26 acre lot

    About this House

    Absolute Substitute Trustee Foreclosure Auction Smith Mountain Dock & Lodge. Sale site located at The Water's Edge Country Club, 1825 Waters Edge Drive, Penhook, VA, on Friday, July 27, at 5:00 p.m. Marina Snack Bar Fuel Tanks Floating Docks Covered Docks with Lifts Dry Storage Cradles Boat Ramp Land Residential Rental Units Single Family Residence. There are very few marinas on Smith Mountain Lake and here is your opportunity to own this desirable Smith Mountain Lake Landmark! The property will be offered in 8 parcels and sold absolute to the highest bidder. The marina, which is located on auction tract 3, will sell with the Smith Mountain Dock and Lodge name and all of the stock in the corporation. The marina is currently open for business. Auction Tract 1: This 11 acre parcel is located on Smith Mountain Road and Waterlocked Road and it used to house the Ponderosa Trailer Park. There is a class B well and septic systems that were used for the trailers. There is a residence, a gazebo and dock in addition to the multiple floating docks. Auction Tract 2: This 5.5 acre parcel is located on Smith Mountain Road and Locust Lane. This parcel offers great building sites and the fire department currently docks a boat on the water frontage.Auction Tract 3: This 4.5 acre parcel houses the actual Smith Mountain Dock and Lodge. It has the 2 bedroom, 2 bath lodge, marina, fuel tanks and pumps, dry dock storage area, numerous sheds, 14 covered boat lifts and docks that are currently leased. There are actually 15 rental slips at the covered dock area; but, one boat is tied to the outside and has an electrical hook up. There are also 6 floating finger docks, boat ramp and an area to launch the dry dock boats into the water. An income producer here! Auction Tract 4: This 2.3 acre parcel has 12 covered boat lifts, 3 hand crank Jet Ski lifts and 10 floating finger docks. Another income producer! Auction Tract 5: Residence and .97 acre. This is where Todd and Donna live and oversee the operation of the Dock and Lodge. It has 2 bedrooms and 2 baths with great water views. Auction Tract 6: This water front tract is .97 acre and is further enhanced with 4 efficiency units and one storage unit. The storage unit houses the washer, dryer, water heater and storage for supplies. Auction Tract 7: This .4 acre parcel is located on Waterlocked Road and has 3 efficiency rental units and docks. Auction Tract 8: Also located on Waterlocked Road, this property offers .3 acre and a 2 bedroom, 2 bath rental unit with dock. The property is currently zoned RPD (residential planned unit development district) and the information on zoning is available on our web site or through Pittsylvania County. Go to the Woltz website for additional property details, photos, and complete terms and conditions of the auction.Directions to Property: From Gretna, VA, take Hwy 40 west and turn right on Smith Mountain Road. Go 4.6 miles to property on your right.From Rocky Mount, VA, take Hwy 40 east to Penhook and turn left on Old Mountain Road. Follow it 1.5 miles to stop sign and turn left on Smith Mountain Road. Go 2.4 miles to property on your right.Directions to auction sale site: The Waters Edge Country Club (1825 Waters Edge Drive, Penhook, VA 24137). From Smith Mountain Road, turn left on Waters Edge Drive. Go 1.7 miles to the club house
    188 Locust Ln, Penhook, VA 24137 is a lot/land. This property is not currently displayed as for sale or rent on Trulia.

    Home Details for 188 Locust Ln

    Property Information

    Property Type / Style
    Property Type: Lot Land

    Lot Information

    Lot Area: 26.00 acres

    Price and Tax history

    DateEventPrice
    Aug 1, 2012
    Source: Agent Provided
    ListingRemoved
    $0
    Jun 27, 2012
    Source: Agent Provided
    Listed For Sale
    $0

    Market trends in Penhook

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    27
    5
    MoM

    What Locals Say about Penhook

    At least 3 Trulia users voted on each feature.
    • 100 % Say car is needed

    • 100 % Say it's quiet

    • 100 % Say they plan to stay for at least 5 years

    • 89 % Say there's wildlife

    • 83 % Say yards are well-kept

    • 83 % Say parking is easy

    • 83 % Say people would walk alone at night

    • 78 % Say there's holiday spirit

    • 55 % Say neighbors are friendly

    • 40 % Say it's dog friendly

    • 33 % Say kids play outside

    • 25 % Say it's walkable to restaurants

    • 25 % Say there are sidewalks

    • 25 % Say streets are well-lit

    • 18 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Hokies1958
      "Beautiful area. High end homes going cheap. Southern part of lake very clean, cleaner than northern part. Very low crime area but remote. 25 minutes to a Wal-mart. "

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    Off Market Homes Near 188 Locust Ln

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