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

261 Locust Ln
Penhook, VA 24137

  • 4 Beds
  • 3 Baths
  • 2,000 sqft (on 1.25 acres)

$704,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $3,888/mo*

$704,500

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $3,888/mo*
4 Beds
3 Baths
2,000 sqft
(on 1.25 acres)

Local Information

  • Map ViewExplore the area around 261 Locust Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Room for family and friends. Original home built in 1977 consisting of bedroom and bath upstairs with kitchen, family room, gas log fireplace and bath downstairs. In 1992 major expansion adding full kitchen, two new bedrooms one being a master and an additional bath upstairs. Downstairs added on full bedroom and large laundry room. So an apartment downstairs or in law suite.Heat pump installed three years ago,architectural shingles 8 years old. New pressure pump this year. Covered boat hoist for pontoon additional hoist for two jet skies.
261 Locust Ln, Penhook, VA 24137 is a 4 bedroom, 3 bathroom, 2,000 sqft single-family home built in 1977. It is currently off market. The Trulia Estimate is $704,500, with a rent estimate of $1,809/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 261 Locust Ln

Interior Features

Interior Details
BasementTypes of Rooms: Walk In Closet
Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: MetalFoundation Type: Stone
Parking & Garage
Parking Spaces: 7

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Lot Information

Lot Area: 1.25 acres

Price History for 261 Locust Ln

DatePriceEventSource
11/01/2018$399,999ListingRemovedAgent Provided
10/19/2018$399,999PriceChange
Agent Provided
09/25/2018$419,000PriceChange
Agent Provided
08/23/2018$439,999PriceChange
Agent Provided
05/25/2018$479,999PriceChange
Agent Provided
11/08/2017$499,000Listed For SaleAgent Provided

Market trends in Penhook

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
33
7
MoM
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Property Tax and Assessment

Year2024
Tax$3,763
Assessment$671,900
Home facts updated by county records

Comparable Sales for 261 Locust Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.24
Single-Family Home
$750,000
03/02/26
3
2
1,750
0.40
Single-Family Home
$650,000
07/22/25
3
3
2,796
0.07
Single-Family Home
$550,000
11/14/25
2
1
940
0.67
Single-Family Home
$905,000
07/08/25
3
3
2,250
0.60
Single-Family Home
$750,000
05/15/26
4
4
2,268
0.92
Single-Family Home
$700,000
12/05/25
4
3
2,838
1.09
Single-Family Home
$765,000
09/30/25
3
2
1,950
0.67
Single-Family Home
$4,999,000
06/26/26
5
6
6,158
0.59
Single-Family Home
$1,525,000
02/05/26
7
7
4,330
1.02
Single-Family Home
$1,800,000
12/18/25
5
3.5
3,503

Nearby homes

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Assigned Schools

These are the assigned schools for 261 Locust Ln.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • 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

Apartments for Rent

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Homes for sale near 261 Locust Ln

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Off Market Homes Near 261 Locust Ln

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