40 Bay Front Rd
Penhook, VA 24137
- 4 Beds
- 3.5 Baths
- 3,602 sqft (on 0.81 acres)
$645,000
Last Sold: Dec 23, 2025
4% below list $675K
$179/sqft
Est. Refi. Payment $3,660/mo*
$645,000
Last Sold: Dec 23, 2025
4% below list $675K
$179/sqft
Est. Refi. Payment $3,660/mo*
4 Beds
3.5 Baths
3,602 sqft
(on 0.81 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1990
Lot Size
0.81 acres
Living Area
3,602 sqft
Price/Sqft
$179/sqft
Parking
2 Car Garage
HOA
$17/Monthly
About this House
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 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). It is currently off market. The Trulia Estimate is $664,000, with a rent estimate of $3,116/month.
Home Details for 40 Bay Front Rd
|
|---|
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 3602 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Underground Utilities, CableAppliances: Dryer, Washer, Trash Compactor, Dishwasher, Electric Range, RefrigeratorDishwasherDryerRefrigeratorWasher |
Heating & Cooling Heating: Heat Pump ElectricHas CoolingAir Conditioning: Heat Pump ElectricHas HeatingHeating Fuel: Heat Pump Electric |
Fireplace & Spa Fireplace: Basement, Gas Log, Great RoomHas a Fireplace |
Gas & Electric Electric: 0 Phase |
Windows, Doors, Floors & Walls Window: Insulated Windows, Screens, Skylight(s)Door: Sliding Doors, WoodFlooring: Carpet, Ceramic Tile, Wood |
Levels, Entrance, & Accessibility Floors: Carpet, Ceramic Tile, Wood |
View No View |
|
|---|
Exterior Home Features Patio / Porch: Deck, Patio |
Parking & Garage Number of Covered Spaces: 2Open Parking Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Attached,Paved,Garage Door Opener,Off Street |
Frontage Waterfront: Water Access OnlyRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Water Body: Smith Mtn Lake |
Finished Area Finished Area (above surface): 2058 Square FeetFinished Area (below surface): 1544 Square Feet |
|
|---|
Year Built Year Built: 1990 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: DetachedArchitecture: Contemporary |
Building Construction Materials: Stone, WoodNot Attached Property |
Property Information Condition: CompletedParcel Number: 0510706100 |
|
|---|
Price List Price: $675,000Price Per Sqft: $179/sqft |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: PenhookCommunity: The Waters Edge |
School Information Elementary School: Glade HillJr High / Middle School: Ben Franklin MiddleHigh School: Franklin County |
|
|---|
Building Area Building Area: 3602 Square Feet |
|
|---|
Community Features: Pool, Golf |
|
|---|
Has an HOAHOA Fee: $200/Annually |
|
|---|
Lot Area: 0.81 acres |
|
|---|
BasementMls Number: 919478Water ViewWater View: LakeAbove Grade Unfinished Area: 2058 |
|
|---|
PoolGolf |
Last check for updates: about 5 hours ago
Listed by DAVID SIMON, (434) 426-1520
WAINWRIGHT & CO., REALTORS(r)- LAKE
Bought with: AMY CAMPBELL, (540) 420-0275, RE/MAX LAKEFRONT REALTY INC
Source: RVAR, MLS#919478

Price History for 40 Bay Front Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 12/23/2025 | $645,000 | Sold | RVAR #919478 |
| 11/09/2025 | $675,000 | Pending | RVAR #919478 |
| 10/20/2025 | $675,000 | PriceChange | RVAR #919478 |
| 09/13/2025 | $700,000 | PriceChange | RVAR #919478 |
| 08/08/2025 | $750,000 | Listed For Sale | RVAR #919478 |
Market trends in Penhook
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
30
3MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,589 |
| Assessment | $602,000 |
Home facts updated by county records
Comparable Sales for 40 Bay Front Rd
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 | |
0.66 | Single-Family Home | $1,077,000 | 08/08/25 | 5 | 3 | 2,940 | |
0.26 | Single-Family Home | $3,300,000 | 06/10/26 | 4 | 6 | 5,175 | |
0.68 | Single-Family Home | $1,200,000 | 07/14/26 | 4 | 3 | 3,504 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 40 Bay Front Rd.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 40 Bay Front Rd
Off Market Homes Near 40 Bay Front Rd

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.
All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified.
All information is deemed reliable but not guaranteed, and should be independently verified.

