54 Bay View Cir, Penhook, VA 24137
Property image
Property image
SOLD
DEC 1, 2025

$2,833,900

Trulia Estimate
  • 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 Home
Currently Off Market - Sold Dec 1, 2025 for $2,725,000 (8% below list price)

Home Value

Trulia Estimate
$2.83M
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 54 Bay View Cir.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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)

Exterior Features

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

Days on Market

Cumulative Days on Market: 111

Property Information

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

Price & Status

Price
List Price: $2,975,000Price Per Sqft: $380/sqft
Status Change & Dates
Off Market Date: Wed Oct 29 2025

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: 7653 Square Feet

Community

Community Features: Beach Access, Golf

HOA

Has an HOAHOA Fee: $200/Annually

Lot Information

Lot Area: 0.44 acres

Miscellaneous

BasementMls Number: 919098Water ViewWater View: Lake

Additional Information

Beach AccessGolf

Price and Tax history

DateEventPrice
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

Market trends in Penhook

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
27
5
MoM

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.
  • 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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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.

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