$670,000
- 4 Beds
- 3.5 Baths
- 3,602 sqft (on 0.81 acres)
40 Bay Front Rd, Penhook, VA 24137
Est. Refi. Payment $3,999/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 23, 2025 for $645,000 (4% below list price)
Home Value
Trulia Estimate
$670KSince last month
$100 (0%)Since last year
Increased$2K (+0.3%)Since last sale
Increased$24K (+3.7%)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 +60% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $669K |
| August 2026 | $669K |
| July 2026 | $665K |
| June 2026 | $664K |
| May 2026 | $662K |
| April 2026 | $662K |
| March 2026 | $658K |
| February 2026 | $655K |
| January 2026 | $650K |
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 |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $1,150,000 | 05/12/26 | 3 | 3 | 2,882 | |
0.28 | Single-Family Home | $700,000 | 04/13/26 | 3 | 2.5 | 2,336 | |
0.29 | Single-Family Home | $725,000 | 04/30/26 | 3 | 2.5 | 2,473 | |
0.38 | Single-Family Home | $990,000 | 05/15/26 | 4 | 3.5 | 3,518 | |
0.41 | Single-Family Home | $1,539,565 | 09/15/26 | 5 | 4 | 3,689 | |
0.68 | Single-Family Home | $1,200,000 | 07/14/26 | 4 | 3 | 3,504 | |
0.31 | Single-Family Home | $3,300,000 | 06/10/26 | 4 | 6 | 5,175 |
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 |
|---|---|---|---|---|---|---|
0.03 | - | - | - | - | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.05 | $1,150,000 | 3 | 3 | 2,882 | Recently Sold | |
0.08 | $1,668,700 | 3 | 3.5 | 3,300 | Off Market | |
0.08 | - | - | - | - | Off Market | |
0.11 | - | - | - | - | Off Market | |
0.15 | $1,005,500 | 7 | 4.5 | 3,523 | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.13 | - | - | - | - | Off Market | |
0.15 | $59,000 | - | - | - | For Sale | |
0.19 | $129,900 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1990
0.81 acre lot
3,602 sqft
$179/sqft
Garage
HOA $17/mo
About this House
What's unique:Finished walk-out lower levelLake-view homeMain-level primary suiteOpen floor planNatural beautySoaring great room
For the first time in 30 years, this inviting lake-view home is available in the highly desirable Water's Edge neighborhood. Located on a beautifully landscaped lot with mature trees, outdoor gardens, and stunning views of the lake, this property offers both privacy and natural beauty in a truly special setting.
The home exudes a charm and authenticity that's increasingly rare. The open floor plan features a soaring great room with cathedral ceilings and a fireplace with stone hearth, flowing effortlessly into a spacious kitchen designed for both everyday living and entertaining.
A separate dining room allows for large family gathering, while the main-level primary suite includes lake views, a walk-in closet, and a calming sense of retreat. Two additional bedrooms complete the main floor.
The finished walk-out lower level provides remarkable flexibility, ideal for guests or multigenerational living. It includes a full second kitchen, large recreation room with fireplace, bedroom, office, and 1.5 baths. The interior has just been freshly painted and is ready for you to move in and enjoy!
Outdoor living is just as appealing, with a screened porch, expansive deck, and patio all offering serene spaces to relax or gather with friends, surrounded by gardens and views of the lake.
Fully immerse yourself in the community by joining The Water's Edge Country Club and its renowned amenities including golf, equestrian, pool, tennis, restaurant and more. The Water's Edge golf course stands as a premier attraction of our lakefront community. This 18-hole, PGA Championship course was masterfully designed by the late R.F. Loving Jr., ASGC a nationally acclaimed golf course architect known for his visionary layouts and meticulous craftsmanship. Membership at The Water's Edge includes automatic enrollment in the prestigious McConnell Golf network. As a McConnell Golf member, you and your family gain access to an exclusive collection of private golf and country clubs across the region offering world-class amenities, championship-level courses, and a community of fellow golf enthusiasts. Current owner has an active country club membership.
Don't miss your chance to see this wonderful home.
The home exudes a charm and authenticity that's increasingly rare. The open floor plan features a soaring great room with cathedral ceilings and a fireplace with stone hearth, flowing effortlessly into a spacious kitchen designed for both everyday living and entertaining.
A separate dining room allows for large family gathering, while the main-level primary suite includes lake views, a walk-in closet, and a calming sense of retreat. Two additional bedrooms complete the main floor.
The finished walk-out lower level provides remarkable flexibility, ideal for guests or multigenerational living. It includes a full second kitchen, large recreation room with fireplace, bedroom, office, and 1.5 baths. The interior has just been freshly painted and is ready for you to move in and enjoy!
Outdoor living is just as appealing, with a screened porch, expansive deck, and patio all offering serene spaces to relax or gather with friends, surrounded by gardens and views of the lake.
Fully immerse yourself in the community by joining The Water's Edge Country Club and its renowned amenities including golf, equestrian, pool, tennis, restaurant and more. The Water's Edge golf course stands as a premier attraction of our lakefront community. This 18-hole, PGA Championship course was masterfully designed by the late R.F. Loving Jr., ASGC a nationally acclaimed golf course architect known for his visionary layouts and meticulous craftsmanship. Membership at The Water's Edge includes automatic enrollment in the prestigious McConnell Golf network. As a McConnell Golf member, you and your family gain access to an exclusive collection of private golf and country clubs across the region offering world-class amenities, championship-level courses, and a community of fellow golf enthusiasts. Current owner has an active country club membership.
Don't miss your chance to see this wonderful home.
40 Bay Front Rd, Penhook, VA 24137 is a 4 bedroom, 4 bathroom, 3,602 sqft single-family home built in 1990. It last sold for $645,000 on Dec 23, 2025 (4% below the $675,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $670,000, with a rent estimate of $2,923/month.
Last check for updates: about 7 hours ago
Listed by DAVID SIMON, (434) 426-1520
WAINWRIGHT & CO., REALTORS®- LAKE
Bought with: AMY CAMPBELL, (540) 420-0275, RE/MAX LAKEFRONT REALTY INC
Source: RVAR, MLS#919478

Home Details for 40 Bay Front Rd
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Interior Details Basement: Full,Walk-Out Access |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 3602 Square Feet |
Appliances & Utilities Utilities: Underground Utilities |
Heating & Cooling Heating: Heat Pump ElectricHas CoolingAir Conditioning: Heat Pump ElectricHas HeatingHeating Fuel: Heat Pump Electric |
Fireplace & Spa Fireplace: Basement, Great Room, Gas LogHas a Fireplace |
Windows, Doors, Floors & Walls Window: Insulated Windows, Screens, Drapes, Skylight(s)Door: Sliding Doors, WoodFlooring: Carpet, Tile, Wood |
Levels, Entrance, & Accessibility Floors: Carpet, Tile, Wood |
View Has a ViewView: Lake |
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Exterior Home Features Patio / Porch: Covered Porch, Screened Porch, Deck, Patio |
Parking & Garage Number of Covered Spaces: 2Open Parking Spaces: 2Other Parking: Off Street ParkingHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Paved Driveway,Garage Door Opener |
Pool Pool: Community |
Frontage WaterfrontOn Waterfront |
Water & Sewer Sewer: Private SepticWater Body: Smith Mtn Lake |
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Cumulative Days on Market: 93 |
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Year Built Year Built: 1990 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary |
Building Construction Materials: Stone, Wood SidingNot Attached Property |
Property Information Parcel Number: 0510706100 |
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Price List Price: $675,000Price Per Sqft: $179/sqft |
Status Change & Dates Off Market Date: Sat Nov 08 2025 |
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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: 3602 Square Feet |
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Community Features: Golf, Pool |
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Has an HOAHOA Fee: $200/Annually |
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Lot Area: 0.81 acres |
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BasementMls Number: 919478Water ViewWater View: Lake |
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GolfPool |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 23, 2025 Source: RVAR #919478 | Sold | $645,000 |
Nov 9, 2025 Source: RVAR #919478 | Pending | $675,000 |
Oct 20, 2025 Source: RVAR #919478 | PriceChange | $675,000 Price decreased by 4% |
Sep 13, 2025 Source: RVAR #919478 | PriceChange | $700,000 Price decreased by 7% |
Aug 8, 2025 Source: RVAR #919478 | Listed For Sale | $750,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,589 | $602,000 |
Home facts updated by county records
Market trends in Penhook
Last updated August 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
27
5MoM
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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Although the Multiple Listing Service of The Roanoke Valley is the source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.
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All information is deemed reliable but not guaranteed, and should be independently verified.
Frequently asked questions about 40 Bay Front Rd
- What is 40 Bay Front Rd estimated to be worth?Trulia's estimated value for 40 Bay Front Rd in Penhook, VA is $670,000.
- What is the price history for 40 Bay Front Rd?40 Bay Front Rd in Penhook, VA last sold for $645,000 in December 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 40 Bay Front Rd?The closest schools to 40 Bay Front Rd in Penhook, VA are Benjamin Franklin Middle School (rated 7/10), Franklin County High School (rated 4/10), Glade Hill Elementary School (Pre-K, rated 7/10).
- Does 40 Bay Front Rd have air conditioning?Yes, 40 Bay Front Rd in Penhook, VA has air conditioning.
- Does 40 Bay Front Rd have a pool?Yes, 40 Bay Front Rd in Penhook, VA has a pool.

