$2,833,900
- 5 Beds
- 6 Baths
- 7,162 sqft (on 0.44 acres)
54 Bay View Cir, Penhook, VA 24137
Est. Refi. Payment $16,597/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 1, 2025 for $2,725,000 (8% below list price)
Home Value
Trulia Estimate
$2.83MSince last month
Increased$7K (+0.3%)Since last year
Decreased$113K (-3.8%)Since last sale
Increased$110K (+4.1%)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 +72% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.84M |
| August 2026 | $2.83M |
| July 2026 | $2.81M |
| June 2026 | $2.81M |
| May 2026 | $2.8M |
| April 2026 | $2.8M |
| March 2026 | $2.79M |
| February 2026 | $2.77M |
| January 2026 | $2.75M |
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 |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $1,500,000 | 10/16/25 | 5 | 5.5 | 4,859 | |
0.31 | Single-Family Home | $1,800,000 | 12/18/25 | 5 | 3.5 | 3,503 | |
0.37 | Single-Family Home | $1,525,000 | 02/05/26 | 7 | 7 | 4,330 | |
0.84 | Single-Family Home | $2,600,000 | 09/14/26 | 6 | 6 | 5,370 | |
0.41 | Single-Family Home | $750,000 | 05/15/26 | 4 | 4 | 2,268 | |
0.97 | Single-Family Home | $3,729,000 | 10/31/25 | 6 | 7 | 7,034 | |
1.18 | Single-Family Home | $3,300,000 | 06/10/26 | 4 | 6 | 5,175 | |
0.24 | Single-Family Home | $765,000 | 09/30/25 | 3 | 2 | 1,950 | |
0.98 | Single-Family Home | $1,550,000 | 09/07/26 | 3 | 4.5 | 4,546 |
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 | $1,937,400 | 4 | 3 | 3,630 | Off Market | |
0.11 | $1,568,600 | 5 | 5.5 | 4,859 | Off Market | |
0.19 | $2,072,700 | 4 | 3.5 | 3,982 | Off Market | |
0.18 | $415,000 | - | - | - | For Sale | |
0.18 | $1,585,900 | 4 | 4.5 | 3,514 | Off Market | |
0.19 | $994,600 | 3 | 3 | 3,476 | Off Market | |
0.19 | $35,000 | - | - | - | For Sale | |
0.23 | - | - | - | - | Off Market | |
0.23 | $3,962,300 | 5 | 5.5 | 8,354 | Off Market | |
0.20 | - | - | - | - | Off Market | |
0.20 | $49,900 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2008
0.44 acre lot
7,162 sqft
$380/sqft
3 Open Spaces
HOA $17/mo
About this House
What's unique:Spectacular mountain vistasClimate-controlled wine cellarExercise roomPrivate saunaBeautiful sandy beachCulinary masterpiece
Exquisite Craftsman Home with spectacular mountain vistas and luxury amenities. Step inside and be captivated by the warmth and character of hand-sawn pine beam ceilings and hand-scraped Oak and Heart of Pine flooring that extend throughout the residence. Every corner reveals meticulous craftsmanship. The kitchen is a culinary masterpiece, featuring a Wolf Commercial Grade propane range with an electric oven, beam ceilings, and a striking slate and metal backsplash. Entertain with ease in the climate-controlled wine cellar, boasting a remarkable 1500-bottle capacity and an inviting tasting room. Lower level includes a second kitchen for your entertaining needs and you can indulge in the ultimate relaxation with your private sauna and exercise room. A 2-slip dock awaits, complemented by a beautiful sandy beach-perfect for swimming, sunbathing, and enjoying the tranquil surroundings. This property boasts practical upgrades for peace of mind, including two Rinnai propane hot water tanks, a reliable generator and HVAC systems for upper and main floors upgraded in 2018. A 1000-gallon buried propane tank ensures ample supply. An optional club membership offering an array of amenities such as golf, pickleball, tennis, swimming, equestrian activities, exercise facilities, and dining. Please note: a club initiation fee of $35000.00 is due within 30 days of closing and will be paid by the purchasers.
54 Bay View Cir, Penhook, VA 24137 is a 5 bedroom, 6 bathroom, 7,162 sqft single-family home built in 2008. It last sold for $2,725,000 on Dec 1, 2025 (8% below the $2,975,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,833,900, with a rent estimate of $3,990/month.
Last check for updates: about 2 hours ago
Listed by VICKI S MILLEHAN, (540) 520-2401
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Bought with: MARGARET JEAN CRAYE, (540) 484-3234, EXP REALTY LLC - SML
Source: RVAR, MLS#919098

Home Details for 54 Bay View Cir
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Interior Details Basement: Full,Walk-Out AccessNumber of Rooms: 18Types of Rooms: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Area, Eat In Kitchen, Foyer, Kitchen, Laundry, Library, Mud Room, Office, Recreation Room, Sun Room, Work RoomWet Bar |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 6Number of Bathrooms (full): 6Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 7162 Square Feet |
Appliances & Utilities Utilities: Underground UtilitiesAppliances: Microwave Oven (Built In) |
Heating & Cooling Heating: Heat Pump Electric,ZonedHas CoolingAir Conditioning: Heat Pump Electric,ZonedHas HeatingHeating Fuel: Heat Pump Electric |
Fireplace & Spa Number of Fireplaces: 3Fireplace: Great Room, Other, Recreation Room, Gas LogHas a Fireplace |
Gas & Electric Electric: Generator |
Windows, Doors, Floors & Walls Window: Clad, Low-Emissivity Windows, Tilt-InDoor: Full View, MetalFlooring: Carpet, Tile, Wood |
Levels, Entrance, & Accessibility Floors: Carpet, Tile, Wood |
View Has a ViewView: Lake, Mountain(s) |
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Exterior Home Features Patio / Porch: Other, Rear Porch, Covered Porch, Screened Porch, DeckExterior: Balcony, Outdoor Grill, Gas Grill & Line |
Parking & Garage Number of Covered Spaces: 3Open Parking Spaces: 3No Attached GarageHas Open ParkingParking Spaces: 6Parking: Paved Driveway |
Frontage WaterfrontWaterfront: Main Channel, Beach FrontOn Waterfront |
Water & Sewer Sewer: Private SepticWater Body: Smith Mtn Lake |
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Cumulative Days on Market: 111 |
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Year Built Year Built: 2008 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other |
Building Construction Materials: Fiber Cement, StoneNot Attached Property |
Property Information Parcel Number: 051 09 124 00 |
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Price List Price: $2,975,000Price Per Sqft: $380/sqft |
Status Change & Dates Off Market Date: Wed Oct 29 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: 7653 Square Feet |
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Community Features: Beach Access, Golf |
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Has an HOAHOA Fee: $200/Annually |
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Lot Area: 0.44 acres |
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BasementMls Number: 919098Water ViewWater View: Lake |
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Beach AccessGolf |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 1, 2025 Source: RVAR #919098 | Sold | $2,725,000 |
Oct 29, 2025 Source: RVAR #919098 | Pending | $2,975,000 |
Oct 8, 2025 Source: RVAR #919098 | PriceChange | $2,975,000 Price decreased by 7% |
Jul 11, 2025 Source: RVAR #919098 | Listed For Sale | $3,200,000 |
Oct 28, 2015 Source: RVAR #809976 | Sold | $1,600,000 |
Aug 20, 2015 Source: Agent Provided | PriceChange | $1,900,000 Price decreased by 9% |
Nov 26, 2014 Source: Agent Provided | Listed For Sale | $2,095,000 |
Nov 1, 2010 Source: N/A | Sold | $695,000 |
May 14, 2007 Source: N/A | Sold | $695,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $12,107 | $2,815,500 |
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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All information is deemed reliable but not guaranteed, and should be independently verified.
Frequently asked questions about 54 Bay View Cir
- What is 54 Bay View Cir estimated to be worth?Trulia's estimated value for 54 Bay View Cir in Penhook, VA is $2,833,900.
- What is the price history for 54 Bay View Cir?54 Bay View Cir in Penhook, VA last sold for $2,725,000 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 54 Bay View Cir?The closest schools to 54 Bay View Cir 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 54 Bay View Cir have air conditioning?Yes, 54 Bay View Cir in Penhook, VA has air conditioning.
- Does 54 Bay View Cir have laundry facilities?Yes, 54 Bay View Cir in Penhook, VA has laundry facilities.

