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

429 Locust Ln
Penhook, VA 24137

  • 4 Beds
  • 2 Baths
  • 1,900 sqft (on 0.74 acres)

$932,900

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $5,168/mo*

$932,900

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $5,168/mo*
4 Beds
2 Baths
1,900 sqft
(on 0.74 acres)

Local Information

  • Map ViewExplore the area around 429 Locust Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Must see this beautiful cottage-style waterfront home on Smith Mountain Lake. Special features include custom tile, recessed lights, vaulted and tray ceilings with skylights. New Trane heat pump installed in 2019 with a remote thermostat. The lot is nearly flat with a large open yard for playing games, and a lakeside fire pit for relaxing. Plus, 125 feet of shoreline, a double slip boat dock with a heavy duty lift and touchless boat cover. Fantastic water view you can enjoy from the full view windows inside, or the covered front porch and patio. Home is located on a private road with a paved circle driveway, near the point of a peninsula on ''big water'' near the mountain and close to a ramp for putting boats in.
429 Locust Ln, Penhook, VA 24137 is a 4 bedroom, 2 bathroom, 1,900 sqft single-family home built in 1979. It last sold for $565,000 on Mar 27, 2020. It is currently off market. The Trulia Estimate is $932,900, with a rent estimate of $1,573/month.

Home Highlights

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

Home Details for 429 Locust Ln

Interior Features

Interior Details
BasementNumber of Rooms: 5
Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Appliances & Utilities
DishwasherMicrowaveRefrigerator
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Other, WoodFoundation Type: StonePorch

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Lot Information

Lot Area: 0.74 acres

Price History for 429 Locust Ln

DatePriceEventSource
03/27/2020$565,000Sold
RVAR #866552
02/24/2020$599,000PendingAgent Provided
02/04/2020$599,000Listed For SaleAgent Provided
07/05/2011$475,000Sold
N/A

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$4,006
Assessment$715,400
Home facts updated by county records

Comparable Sales for 429 Locust Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$750,000
03/02/26
3
2
1,750
0.20
Single-Family Home
$550,000
11/14/25
2
1
940
0.54
Single-Family Home
$650,000
07/22/25
3
3
2,796
0.73
Single-Family Home
$750,000
05/15/26
4
4
2,268
0.83
Single-Family Home
$700,000
12/05/25
4
3
2,838
1.17
Single-Family Home
$765,000
09/30/25
3
2
1,950
0.56
Single-Family Home
$4,999,000
06/26/26
5
6
6,158
0.71
Single-Family Home
$1,525,000
02/05/26
7
7
4,330
1.60
Single-Family Home
$335,000
03/12/26
3
2
1,400
1.08
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 429 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. "

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Apartments for Rent

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Homes for sale near 429 Locust Ln

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Off Market Homes Near 429 Locust Ln

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