342 Morgans Mill Dr
Penhook, VA 24137
- 3 Beds
- 2 Baths
- 1,950 sqft (on 0.61 acres)
$765,000
Last Sold: Sep 30, 2025
2% below list $780K
$392/sqft
Est. Refi. Payment $4,215/mo*
$765,000
Last Sold: Sep 30, 2025
2% below list $780K
$392/sqft
Est. Refi. Payment $4,215/mo*
3 Beds
2 Baths
1,950 sqft
(on 0.61 acres)
Local Information
-- mins to
Description
COMPLETED NEW CONSTRUCTION, LAKE ACCESS WITH THE OPTION TO PURCHASE COVERED BOATSLIP!! Located in the prestigious golf community of Waters Edge, this stunning new construction offers the perfect blend of modern craftsmanship and timeless elegance. Designed for both comfort and entertaining, this thoughtfully designed home features 3 spacious bedrooms, 2 luxurious bathrooms, and a dedicated office space within an open-concept floor plan. Highlights include soaring cathedral and tray ceilings, a striking stone fireplace, and custom cabinetry throughout. The gourmet kitchen is equipped with premium Cafe appliances, ideal for the home chef. Enjoy seamless indoor-outdoor living with a covered deck and patio, overlooking the serene surroundings of this exclusive community. The full daylight basement is already plumbed for a future kitchen, bathroom, and workshop offering ample opportunity for expansion and personalization. Memberships available to The Waters Edge C.C. at the expense of the purchaser.
342 Morgans Mill Dr, Penhook, VA 24137 is a 3 bedroom, 2 bathroom, 1,950 sqft single-family home built in 2025. It last sold for $765,000 on Sep 30, 2025 (2% below the $779,900 asking price). It is currently off market. The Trulia Estimate is $793,200, with a rent estimate of $2,481/month.
Home Highlights
Parking
2 Car Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
$13/Monthly
Price/Sqft
$392/sqft
Listed
180+ days ago
Home Details for 342 Morgans Mill Dr
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Interior Details Number of Rooms: 7Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Great Room, Kitchen, Laundry, Office |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1950 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Underground UtilitiesAppliances: Cooktop, Dishwasher, Microwave, Refrigerator, OvenDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: Heat Pump ElectricHas CoolingAir Conditioning: Heat Pump ElectricHas HeatingHeating Fuel: Heat Pump Electric |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas Log, Great RoomHas a Fireplace |
Gas & Electric Electric: 0 Phase |
Windows, Doors, Floors & Walls Window: Insulated Windows, Screens, Tilt-InDoor: Fiberglass, French DoorsFlooring: Other - See Remarks |
Levels, Entrance, & Accessibility Floors: Other See Remarks |
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Exterior Home Features Patio / Porch: Deck, Front Porch |
Parking & Garage Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Garage Door Opener |
Frontage Waterfront: Water Access OnlyRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Water Body: Smith Mtn Lake |
Finished Area Finished Area (above surface): 1950 Square Feet |
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Year Built Year Built: 2025 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Ranch |
Building Construction Materials: HardiPlank Type, StoneIs a New ConstructionNot Attached Property |
Property Information Condition: New Construction, CompletedParcel Number: 0510914200 |
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Price List Price: $779,900Price Per Sqft: $392/sqft |
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MLS Status: Closed |
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Direction & Address City: PenhookCommunity: The Waters Edge |
School Information Elementary School: Glade HillJr High / Middle School: Ben Franklin MiddleHigh School: Franklin County |
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Building Area Building Area: 3900 Square Feet |
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Community Features: Marina Access, Golf |
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Has an HOAHOA Fee: $150/Annually |
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Lot Area: 0.61 acres |
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BasementMls Number: 917118Above Grade Unfinished Area: 1950 |
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Marina AccessGolf |
Last check for updates: about 9 hours ago
Listed by DANA D MONTGOMERY, (540) 314-1798
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Bought with: DANA D MONTGOMERY, (540) 314-1798, BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Source: RVAR, MLS#917118

Price History for 342 Morgans Mill Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 09/30/2025 | $765,000 | Sold | RVAR #917118 |
| 08/06/2025 | $779,900 | Pending | RVAR #917118 |
| 06/27/2025 | $779,900 | PriceChange | RVAR #917118 |
| 05/09/2025 | $899,900 | Listed For Sale | RVAR #917118 |
| 05/07/2025 | $899,900 | ListingRemoved | RVAR #916664 |
| 04/28/2025 | $899,900 | Listed For Sale | RVAR #916664 |
Market trends in Penhook
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
33
7MoM
Comparable Sales for 342 Morgans Mill Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $1,800,000 | 12/18/25 | 5 | 3.5 | 3,503 | |
0.65 | Single-Family Home | $750,000 | 05/15/26 | 4 | 4 | 2,268 | |
0.25 | Single-Family Home | $1,875,000 | 07/11/25 | 4 | 3.5 | 4,922 | |
0.17 | Single-Family Home | $1,500,000 | 10/16/25 | 5 | 5.5 | 4,859 | |
0.81 | Single-Family Home | $335,000 | 03/12/26 | 3 | 2 | 1,400 | |
1.08 | Single-Family Home | $750,000 | 03/02/26 | 3 | 2 | 1,750 | |
0.80 | Single-Family Home | $725,000 | 04/30/26 | 3 | 2.5 | 2,473 | |
0.81 | Single-Family Home | $700,000 | 04/13/26 | 3 | 2.5 | 2,336 | |
0.94 | Single-Family Home | $650,000 | 07/22/25 | 3 | 3 | 2,796 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 342 Morgans Mill Dr.
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
Homes for sale near 342 Morgans Mill Dr
Off Market Homes Near 342 Morgans Mill Dr

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