Lot 4 Sweetwater Bay DR, Penhook, VA 24137

Property Description

Discover an extraordinary opportunity to build your custom lakefront estate in The Sanctuary at Smith Mountain Lake. Private and serene, this exceptional estate lot in the Sanctuary Bay section is ideally positioned near the end of a quiet cul-de-sac and spans over one acre. Featuring breathtaking protected views, deep-water frontage with room for an expansive dock, and unparalleled privacy near the base of iconic Smith Mountain. Located in Pittsylvania County, the property features a pre-approved building site, pre-approved three bedroom private septic system, and community water, providing a seamless foundation for your future lakefront retreat. Set amongst stunning multi-million-dollar homes in one of Smith Mountain Lake's most exclusive communities, this expansive homesite is perfectly suited for creating a luxury retreat with sweeping indoor-outdoor living spaces designed to capture the breathtaking lake and mountain vistas. Tucked within a deep-water cove, enjoy calm waters, scenic beauty, and the ultimate lake lifestyle year-round. Short-term rentals are allowed, offering exceptional flexibility for personal enjoyment or investment potential. Located on the desirable Penhook side of the lake, this property is convenient to marinas, waterfront dining, and all that Smith Mountain Lake has to offer while still maintaining a peaceful and private setting. Conveniently located less than two hours from Raleigh, Durham, and Cary, NC, and under four hours from Northern Virginia, this property offers an effortless escape from city life while remaining easily accessible for weekend getaways or full-time luxury living. For those seeking elevated amenities, the property is just two miles from The Water's Edge Country Club, where a limited number of non-resident memberships may be available. As part of the renowned McConnell Golf network, members enjoy access to 16 premier golf and country club properties throughout the region.

Listing Status:

Active

Date Added:

May 22, 2026

Data Last Updated:

July 6, 2026 at 7:42AM

Listing Office:

EXP REALTY, LLC - UNION HALL : (703) 898-0863

MLS ID:

927814

Location

• HOA Amenities: 0.0
• Originating MLS: Roanoke Valley Association of REALTORS®
• County: Pittsylvania County

Lot

• Zoning: 1563-84-8340
• View: LakeMountain(s)

Utilities

• Utilities: Underground UtilitiesBelow Ground
• Sewer: Private SepticCommunity System

Financial

• Source: Roanoke Valley Association of REALTORS®