241 Locust Ln, Penhook, VA 24137
Property image
Property image
OFF MARKET

$559,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 940 sqft (on 0.82 acres)

241 Locust Ln, Penhook, VA 24137

Est. Refi. Payment $3,340/mo*
Refinance Your Home
Currently Off Market - Sold Nov 14, 2025 for $550,000

Home Value

Trulia Estimate
$559K
Since last month
Decreased$1K (-0.2%)
Since last year
Decreased$11K (-1.9%)
Since last sale
Increased$10K (+1.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +31% in the last 10 years
MonthEstimated value
2026
September 2026$560K
August 2026$561K
July 2026$562K
June 2026$566K
May 2026$564K
April 2026$562K
March 2026$558K
February 2026$553K
January 2026$553K
2025
2024
2023

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
0.32
Single-Family Home
$750,000
03/02/26
3
2
1,750
0.58
Single-Family Home
$750,000
05/15/26
4
4
2,268
0.33
Single-Family Home
$1,550,000
09/07/26
3
4.5
4,546
1.10
Single-Family Home
$765,000
09/30/25
3
2
1,950
0.57
Single-Family Home
$460,000
11/03/25
9
6
4,150
0.99
Single-Family Home
$700,000
12/05/25
4
3
2,838
1.44
Single-Family Home
$335,000
03/12/26
3
2
1,400
0.57
Single-Family Home
$1,525,000
02/05/26
7
7
4,330

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
0.18
$501,300
2
1
560
Off Market
0.26
$632,000
3
2
1,288
Off Market
0.32
$750,000
3
2
1,750
Recently Sold
0.33
$1,550,000
3
4.5
4,546
Recently Sold
0.31
-
-
-
-
Off Market
0.36
-
-
-
-
Off Market
0.35
$497,300
2
2
3,024
Off Market
0.38
$1,140,200
4
3
2,537
Off Market
0.35
$995,000
3
3
2,796
For Sale
0.37
$952,200
3
2
1,500
Off Market
0.48
$1,950,000
-
-
-
For Sale

Local Information

  • Map ViewExplore the area around 241 Locust Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1971
0.82 acre lot
940 sqft
$595/sqft
Garage

About this House

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
241 Locust Ln, Penhook, VA 24137 is a 2 bedroom, 1 bathroom, 940 sqft single-family home built in 1971. It last sold for $550,000 on Nov 14, 2025 (8% below the $599,950 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $559,000, with a rent estimate of $1,051/month.
Contact this Building
Last check for updates: about 8 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

Home Details for 241 Locust Ln

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 158

Property Information

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

Price & Status

Price
List Price: $599,950

Active Status

MLS Status: Closed/Sold

Location

Direction & Address
City: PenhookCommunity: N/A
School Information
High School District: Pittsylvania

Building

Building Area
Building Area: 940 Square Feet

HOA

Association for this Listing: Lynchburg Board of Realtors

Lot Information

Lot Area: 0.82 acres

Documents

Disclaimer: All information herein has not been verified and is not guaranteed

Miscellaneous

BasementMls Number: 358370Attic: OtherListing UrlAttribution Contact: 540-874-7002, smlgirlrealtor@gmail.comAbove Grade Unfinished Area: 630Showing Requirements: Sign, Supra Lockbox, Text Listing Agent

Price and Tax history

DateEventPrice
Nov 14, 2025
Source: LMLS #358370
Sold
$550,000
Sep 15, 2025
Source: RVAR #916021
Pending
$599,950
Jul 4, 2025
Source: RVAR #916021
PriceChange
$599,950
Price decreased by 3%
Apr 9, 2025
Source: RVAR #916021
Listed For Sale
$619,000
Nov 29, 2022
Source: RVAR #893762
Sold
$399,900

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. "

LGBTQ Local Legal Protections

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.

Frequently asked questions about 241 Locust Ln

  • What is 241 Locust Ln estimated to be worth?
    Trulia's estimated value for 241 Locust Ln in Penhook, VA is $559,000.
  • What is the price history for 241 Locust Ln?
    241 Locust Ln in Penhook, VA last sold for $550,000 in November 2025.
  • Is Penhook a buyer's or seller's market?
    Penhook is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 241 Locust Ln?
    The closest schools to 241 Locust Ln in Penhook, VA are Gretna Elementary School (Pre-K, rated 7/10), Gretna High School (rated 4/10), Gretna Middle School (rated 6/10).
  • Does 241 Locust Ln have air conditioning?
    Yes, 241 Locust Ln in Penhook, VA has air conditioning.
  • Does 241 Locust Ln have laundry facilities?
    Yes, 241 Locust Ln in Penhook, VA has laundry facilities.

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