3 months on rocket

281 Waterlocked Rd, Penhook, VA, 24137


Home List Price


Closing Credit

2 Bedrooms
1 Full Bath
741 SqFt
Schools Nearby


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281 Waterlocked Rd, Penhook$419,000

Buyer Closing Credits


1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport Detached
Year BuiltNew Const., 1968
HeatingHeat Pump
CoolingHeat Pump
MLS #904290
Lot Size1.00 Acres

About 281 Waterlocked Rd

Charming Cottage at Smith Mountain Lake! If you are looking for a great little getaway -THIS IS IT! One-level living with a nice screened-in porch, a great wrap-around deck for enjoying the view of SML, storage buildings for lake toys, a double carport, and so much more! Enjoy your little piece of paradise today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Ranch
  • Year Built: 1968
  • Living Area: 741 SqFt

Listing Office:


Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay
  • Exterior: Deck, Screened Porch

Parking Information:

  • Parking: Carport Detached

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 1.00 Acres


Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Gretna High School, Public District Grades 9-12
  • Gretna Middle School, Public District Grades 6-8
  • Gretna Elementary School, Public District Grades PK-5


Directions Information:

  • Directions: From RT 40 Penhook, Rt 645 (Old Mtn Rd), left Smith Mtn Rd, to right on Waterlocked Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,000
  • Price Per SqFt: $565/SqFt

Tax Information:

  • Annual Amount: $1,301
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Penhook, VA.

Med. Sold Price


Med. Price/SqFt


# of Sold Homes


281 Waterlocked Rd vs Penhook



-$536K Less


+$189 More


This property is $536K less than the Median Sold Price and $189/SqFt more than other homes in Penhook, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #904290

Listing Office:


IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single 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. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/22/2024, 9:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History


History based on county public records data.

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Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

  • Gretna Elementary School

  • 302 Franklin Blvd S

  • 13.11 miles

  • Public District Grades PK-5

Middle School

  • Gretna Middle School

  • 201 Coffey St

  • 12.86 miles

  • Public District Grades 6-8

High School

  • Gretna High School

  • 100 Gretna Hawk Cir

  • 13.17 miles

  • Public District Grades 9-12


What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,780. Typical income of Penhook, VA residents is less than $35k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 281 Waterlocked Rd

What is the listing price of this property?

The listing price of 281 Waterlocked Rd property is $419,000.

What type of property is this?

The property 281 Waterlocked Rd is a house located in Penhook, Virginia, 24137.

Is this property for sale now?

Active Listing: 281 Waterlocked Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 281 Waterlocked Rd are:
Gretna Elementary School: GreatSchools Rating 8/10
Gretna Middle School: GreatSchools Rating 5/10
Gretna High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,301 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 281 Waterlocked Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 281 Waterlocked Rd is 741 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 281 Waterlocked Rd is 1968.

Rocket HomesVirginiaFranklin CountyPenhook24137281 Waterlocked Rd

This home is located at 281 Waterlocked Rd in Penhook, VA and zip code 24137. This 741 square foot home, which was built in 1968, sits on a 1.00 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $419,000.

In March 2024, from all listings sold in Penhook, VA there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. The number of listings in Penhook, VA increased by 7.1% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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