241 Locust Ln
Penhook, VA 24137
2 Beds
1 Bath
940 sqft (on 0.82 acres)
$550,000
Last Sold: Nov 14, 2025
8% below list $600K
$585/sqft
$550,000
Last Sold: Nov 14, 2025
8% below list $600K
$585/sqft
2 Beds
1 Bath
940 sqft
(on 0.82 acres)
Local Information
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Description
Adorable lakefront furnished cottage nestled in a park-like setting at the foothills of beautiful Smith Mountain Lake. Perfectly situated on .83 acres. The entry level features the foyer, great room, beautiful wood beams above, area w/a brick wood burning FP & propane insert, kitchen, breakfast bar, laundry room, full bath, & wrap-around decking for entertaining friends & family. The lower level includes 2 guest bedrooms. The backyard is perfect for entertaining w/a lower patio, built-in grill, out-door shower, fenced flat back yard, gentle slope to the dock. Enjoy all lake activities with 101 ft of deep waterfront, perfect for swimming, kayaking and canoeing. Covered boat slip, jet ski lift, stationary dock, and floater. Circle drive, plenty of parking. Short Term Rentals Allowed
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 17, 2025
Contact this Building
Home Highlights
Parking
Garage
Outdoor
Porch, Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$585/sqft
Listed
180+ days ago
Home Details for 241 Locust Ln
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Interior Details Basement: Exterior Entry,Finished,Full,Interior Entry,Walk-Out AccessNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Great Room, Kitchen, Living Room, Office |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 940 Square Feet |
Appliances & Utilities Appliances: Microwave, Electric Range, Refrigerator, Electric Water HeaterLaundry: Laundry Closet,Main LevelMicrowaveRefrigerator |
Heating & Cooling Heating: Electric BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Electric Baseboard |
Fireplace & Spa Number of Fireplaces: 1Fireplace: 1 Fireplace, Great Room, Wood Burning, OtherHas a Fireplace |
Gas & Electric Electric: AEP/Appalachian Powr |
Windows, Doors, Floors & Walls Flooring: Laminate, Vinyl, Wood |
Levels, Entrance, & Accessibility Levels: OneFloors: Laminate, Vinyl, Wood |
View No View |
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Exterior Home Features Roof: ShinglePatio / Porch: Patio, Rear Porch |
Parking & Garage Has a GarageParking: Garage |
Frontage WaterfrontWaterfront: Waterfront PropertyOn Waterfront |
Water & Sewer Sewer: Septic Tank |
Finished Area Finished Area (above surface): 630 Square FeetFinished Area (below surface): 310 Square Feet |
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Cumulative Days on Market: 158 |
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Year Built Year Built: 1971 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Vinyl Siding |
Property Information Parcel Number: 1563439980 |
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Price List Price: $599,950Price Per Sqft: $585/sqft |
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MLS Status: Closed/Sold |
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Direction & Address City: PenhookCommunity: N/A |
School Information High School District: Pittsylvania |
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Building Area Building Area: 940 Square Feet |
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Association for this Listing: Lynchburg Board of Realtors |
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Lot Area: 0.82 acres |
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Disclaimer: All information herein has not been verified and is not guaranteed |
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BasementMls Number: 358370Attic: OtherListing UrlAttribution Contact: 540-874-7002, smlgirlrealtor@gmail.comAbove Grade Unfinished Area: 630Showing Requirements: Sign, Supra Lockbox, Text Listing Agent |
Last check for updates: about 3 hours ago
Listed by Charlene Marie Jones, (540) 874-7002
Re/Max Lakefront Realty
Bought with: Charlene Marie Jones, (540) 874-7002, Re/Max Lakefront Realty
Originating MLS: Lynchburg Board of Realtors
Source: LMLS, MLS#358370
Price History for 241 Locust Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 11/14/2025 | $550,000 | Sold | LMLS #358370 |
| 09/15/2025 | $599,950 | Pending | RVAR #916021 |
| 07/04/2025 | $599,950 | PriceChange | RVAR #916021 |
| 04/09/2025 | $619,000 | Listed For Sale | RVAR #916021 |
| 11/29/2022 | $399,900 | Sold | RVAR #893762 |
| 10/29/2022 | $399,900 | Pending | RVAR #893762 |
| 10/18/2022 | $399,900 | Listed For Sale | RVAR #893762 |
Market trends in Penhook
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
33
7MoM
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,224 |
| Assessment | $397,200 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$1,116/mo
Comparable Sales for 241 Locust Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.31 | Single-Family Home | $750,000 | 03/02/26 | 3 | 2 | 1,750 | |
0.35 | Single-Family Home | $650,000 | 07/22/25 | 3 | 3 | 2,796 | |
0.65 | Single-Family Home | $905,000 | 07/08/25 | 3 | 3 | 2,250 | |
0.58 | Single-Family Home | $750,000 | 05/15/26 | 4 | 4 | 2,268 | |
0.57 | Single-Family Home | $891,000 | 07/07/25 | 4 | 3 | 2,578 | |
1.10 | Single-Family Home | $765,000 | 09/30/25 | 3 | 2 | 1,950 | |
0.99 | Single-Family Home | $700,000 | 12/05/25 | 4 | 3 | 2,838 | |
1.09 | Single-Family Home | $939,000 | 06/20/25 | 3 | 3 | 3,476 |
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Assigned Schools
These are the assigned schools for 241 Locust Ln.
- Gretna Elementary School
- PK-5
- Public
- 460 Students
8/10GreatSchools RatingParent Rating AverageGretna elementary school is the worst school I have ever seen. I homeschool all 5 of my kids because the school are so bad. The teachers there don’t want to teach and they are very mean to kids. They won’t respect your kids. They do nothing to help them learn. My son was in 4th grade and could t read. I took him out of school and now he can read. If you want your kids to have healthy learning, don’t send them to Gretna elementary school in Gretna va.Parent Review9mo ago - Gretna Middle School
- 6-8
- Public
- 397 Students
6/10GreatSchools RatingParent Rating AverageI went here and this school is awful. The principals do not care about the students getting bullied or drama and they watch them fight physically. Their special education program is amazing. These teachers have been very mean and make smart comments to the students. I was bullied at gretna middle and everytime I asked staff for help they did nothing about it, I was bullied until the day I left for high school and they do not discipline their students that do the bullying enough. If i were you i would not bring your child here to learn education.Other Review6mo ago - Gretna High School
- 9-12
- Public
- 535 Students
4/10GreatSchools RatingParent Rating AverageExtreme focus on sports ( a county wide issue) which effects discipline during athletic season. Focus on core subjects and they do not care as much about the arts. It has improved greatly in the last 5 years due to new administrative leadership.Other Review13y ago 
Check out schools near 241 Locust Ln.
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
50 % 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
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
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Off Market Homes Near 241 Locust Ln
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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.
241 Locust Ln, Penhook, VA 24137 is a 2 bedroom, 1 bathroom, 940 sqft single-family home built in 1971. This property is not currently available for sale. 241 Locust Ln was last sold on Nov 14, 2025 for $550,000 (8% lower than the asking price of $599,950). The current Trulia Estimate for 241 Locust Ln is $561,500.