$606,300
4 Beds
3 Baths
2,578 sqft (on 0.46 acres)
244 Cove Rd, Penhook, VA 24137
Est. Refi. Payment $3,484/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 7, 2025 for $891,000
Home Value
Trulia Estimate
$606KSince last month
$200 (0%)Since last year
Increased$15K (+2.5%)Since last sale
Decreased$284K (-31.9%)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 +123% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $607K |
| August 2026 | $606K |
| July 2026 | $606K |
| June 2026 | $609K |
| May 2026 | $605K |
| April 2026 | $605K |
| March 2026 | $601K |
| February 2026 | $596K |
| January 2026 | $598K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
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 |
|---|---|---|---|---|---|---|---|
0.02 | Single-Family Home | $750,000 | 05/15/26 | 4 | 4 | 2,268 | |
0.05 | Single-Family Home | $1,525,000 | 02/05/26 | 7 | 7 | 4,330 | |
0.67 | Single-Family Home | $750,000 | 03/02/26 | 3 | 2 | 1,750 | |
0.64 | Single-Family Home | $765,000 | 09/30/25 | 3 | 2 | 1,950 | |
0.65 | Single-Family Home | $1,800,000 | 12/18/25 | 5 | 3.5 | 3,503 | |
0.51 | Single-Family Home | $1,500,000 | 10/16/25 | 5 | 5.5 | 4,859 | |
0.40 | Single-Family Home | $2,725,000 | 12/01/25 | 5 | 6 | 7,162 | |
1.22 | Single-Family Home | $700,000 | 12/05/25 | 4 | 3 | 2,838 | |
0.75 | Single-Family Home | $1,550,000 | 09/07/26 | 3 | 4.5 | 4,546 | |
0.88 | Single-Family Home | $335,000 | 03/12/26 | 3 | 2 | 1,400 |
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 |
|---|---|---|---|---|---|---|
0.02 | $750,000 | 4 | 4 | 2,268 | Recently Sold | |
0.08 | $928,400 | 3 | 3 | 2,250 | Off Market | |
0.05 | $1,525,000 | 7 | 7 | 4,330 | Recently Sold | |
0.12 | $1,495,000 | 4 | 3 | 2,980 | For Sale | |
0.29 | $952,200 | 3 | 2 | 1,500 | Off Market | |
0.31 | $768,000 | 3 | 3 | 2,796 | Off Market | |
0.31 | $492,000 | 2 | 2 | 3,024 | Off Market | |
0.32 | $606,700 | 3 | 2 | 1,288 | Off Market | |
0.40 | $2,725,000 | 5 | 6 | 7,162 | Recently Sold | |
0.44 | $1,949,200 | 4 | 3 | 3,630 | Off Market | |
0.51 | - | - | - | - | Off Market |
Local Information
- Map ViewExplore the area around 244 Cove Rd.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Single-Family Home
Built in 2016
0.46 acre lot
2,578 sqft
$235/sqft
6 Parking Spaces
About this House
Welcome to 244 Cove Road, a beautifully crafted lakefront retreat with panoramic views of Smith Mountain and the open water. Originally built by Craftsman Builders, this custom home was thoughtfully designed to take full advantage of the stunning scenery Newly Finished Basement build-out to double livings space with full apartment. Step inside to soaring cathedral ceilings, a floor-to-ceiling stacked stone fireplace with gas logs, and an open concept layout that seamlessly connects the kitchen, dining, and living areas. The kitchen features granite countertops, stainless sink, pantry, and a convenient laundry closet with shelving and included washer/dryer. The main-level primary suite overlooks the lake and offers a peaceful retreat with an en-suite bath. Two additional guest bedrooms... and bath on the opposite wing of the home. Downstairs, the lower level has now been fully transformed. The current owners have completed the basement with a full second kitchen, an additional laundry area, a bedroom, full bath, spacious living area, a secure safe room, and plenty of storagecreating the ideal setup for multigenerational living or short-term rental income potential.The expansive deck is the perfect spot to soak in breathtaking morning sunrises and enjoy shaded afternoons with a view. Other highlights include a stacked stone retaining wall, oversized double-slip dock with a floater and upper-level deck for entertaining, outdoor storage room, and a whole-house Generator, and water filtration system on the private well. Whether you're looking for a private getaway, investment property, or year-round lakefront living, this home checks every box.
244 Cove Rd, Penhook, VA 24137 is a 4 bedroom, 3 bathroom, 2,578 sqft single-family home built in 2016. It last sold for $891,000 on Jul 7, 2025 (2% above the $875,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $606,300, with a rent estimate of $2,401/month.
Last check for updates: about 9 hours ago
Listed by DAWN MICHELLE LAMBERT, (540) 882-4119
EXP REALTY LLC - SML
Bought with: MARY LOU MCDONALD, (540) 537-3073, ML REALTY BROKERED BY MAGNOLIA MOUNTAIN REALTY LLC
Source: RVAR, MLS#917505
Home Details for 244 Cove Rd
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Interior Details Basement: Full,Walk-Out AccessNumber of Rooms: 11Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Breakfast Area, Den, Dining Area, Kitchen, Laundry |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 2578 Square Feet |
Appliances & Utilities Utilities: Underground UtilitiesAppliances: Microwave Oven (Built In) |
Heating & Cooling Heating: Heat Pump Electric,OtherHas CoolingAir Conditioning: Heat Pump Electric,OtherHas HeatingHeating Fuel: Heat Pump Electric |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Basement, Great Room, Gas LogHas a Fireplace |
Windows, Doors, Floors & Walls Window: Insulated Windows, DrapesFlooring: Luxury Vinyl Plank |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Luxury Vinyl Plank |
View Has a ViewView: Lake, Mountain(s), Sunrise |
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Exterior Home Features Patio / Porch: Covered Porch, DeckOther Structures: Shed(s) |
Parking & Garage Open Parking Spaces: 6Parking Spaces: 6 |
Frontage WaterfrontWaterfront: CoveOn Waterfront |
Water & Sewer Sewer: Private SepticWater Body: Smith Mtn Lake |
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Cumulative Days on Market: 5 |
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Year Built Year Built: 2016 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Vinyl SidingNot Attached Property |
Property Information Parcel Number: 1563214867 |
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Price List Price: $875,000 |
Status Change & Dates Off Market Date: Tue May 27 2025 |
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MLS Status: Closed |
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Direction & Address City: Penhook |
School Information Elementary School: Other - See RemarksJr High / Middle School: Other - See RemarksHigh School: Other - See Remarks |
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Building Area Building Area: 2578 Square Feet |
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Community Features: Marina Access, Restaurant |
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No HOA |
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Lot Area: 0.46 acres |
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BasementMls Number: 917505Water ViewWater View: Lake |
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Marina AccessRestaurant |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 7, 2025 Source: RVAR #917505 | Sold | $891,000 |
May 28, 2025 Source: RVAR #917505 | Pending | $875,000 |
May 23, 2025 Source: RVAR #917505 | Listed For Sale | $875,000 |
May 14, 2021 Source: RVAR #878430 | Sold | $620,000 |
Apr 6, 2021 Source: RVAR #878430 | Pending | $599,000 |
Apr 5, 2021 Source: RVAR #878430 | Listed For Sale | $599,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,814 | $502,500 |
Home facts updated by county records
Market trends in Penhook
Last updated July 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
32
2MoM
Around this home
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.
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All information is deemed reliable but not guaranteed, and should be independently verified.
Frequently asked questions about 244 Cove Rd
- What is 244 Cove Rd estimated to be worth?Trulia's estimated value for 244 Cove Rd in Penhook, VA is $606,300.
- What is the price history for 244 Cove Rd?244 Cove Rd in Penhook, VA last sold for $891,000 in July 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 244 Cove Rd?The closest schools to 244 Cove Rd 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 244 Cove Rd have air conditioning?Yes, 244 Cove Rd in Penhook, VA has air conditioning.
- Does 244 Cove Rd have laundry facilities?Yes, 244 Cove Rd in Penhook, VA has laundry facilities.
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