342 Morgans Mill Dr, Penhook, VA 24137
Property image
Property image
SOLD
SEP 30, 2025

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

  • Map ViewExplore the area around 342 Morgans Mill Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $779,900Price Per Sqft: $392/sqft

Active Status

MLS Status: Closed

Location

Direction & Address
City: PenhookCommunity: The Waters Edge
School Information
Elementary School: Glade HillJr High / Middle School: Ben Franklin MiddleHigh School: Franklin County

Building

Building Area
Building Area: 3900 Square Feet

Community

Community Features: Marina Access, Golf

HOA

Has an HOAHOA Fee: $150/Annually

Lot Information

Lot Area: 0.61 acres

Miscellaneous

BasementMls Number: 917118Above Grade Unfinished Area: 1950

Additional Information

Marina AccessGolf
Last check for updates: about 6 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

DatePriceEventSource
09/30/2025$765,000Sold
RVAR #917118
08/06/2025$779,900PendingRVAR #917118
06/27/2025$779,900PriceChange
RVAR #917118
05/09/2025$899,900Listed For SaleRVAR #917118
05/07/2025$899,900ListingRemovedRVAR #916664
04/28/2025$899,900Listed For SaleRVAR #916664

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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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

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Assigned Schools

These are the assigned schools for 342 Morgans Mill Dr.
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 342 Morgans Mill Dr

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Off Market Homes Near 342 Morgans Mill Dr

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