3 years on rocket

LOT476 Southwood Dr, Penhook, VA, 24137

$449,000

1.65 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Lot
WaterfrontBay, Rocky Shoreline
ViewLake, Mountain(s), Other
MLS #872360
Lot Size1.65 Acres
StatusActive

About LOT476 Southwood Dr

Elevated long cove and wide water views looking straight at Smith Mtn. Partially treed with nice slope to water allowing a great walkout lower level. Very large 1.65 acre lot within The Waters Edge CC Community with all it's amenities. 255' of waterfront with a covered boat slip with storage. Active club membership.

Property Details

Property Features

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Exterior Features

Exterior Information:

  • Waterfront: Bay, Rocky Shoreline
  • View: Lake, Mountain(s), Other

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 1.65 Acres

Other

Directions Information:

  • Directions: Rocky Mount East on Route 40, L Old Mtn Rd, L Smith Mtn Rd, L Waters Edge Drive, R East Pointe Dr, R Southwood Dr to lot on L.

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
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Housing Market Comparison

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

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Penhook, VA

City

Med. Sold Price

$955K

Med. Price/SqFt

$367

# of Sold Homes

2

LOT476 Southwood Dr vs Penhook

1358 DAYS ON ROCKET

$449,000

-$506K Less

KEY TAKEAWAY

This property is $506K less than the Median Sold Price in Penhook, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #872360

Listing Office:

  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

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Last updated on: 5/3/2024, 6:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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NMLS#3030

Schools

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.

Nearby Schools

school-card-donut-5513110
6
/10

  • Glade Hill Elementary School

  • 8081 Old Franklin Trnpk

  • 8.09 miles

  • Public District Grades PK-5

school-card-donut-5513111
6
/10

  • Dudley Elementary School

  • 7250 Brooks Mill Rd

  • 9.32 miles

  • Public District Grades PK-5

school-card-donut-5513112
7
/10

  • Moneta Elementary School

  • 12718 N Old Moneta Rd

  • 12.05 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,646. The most common annual income of people living in Penhook, VA is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About LOT476 Southwood Dr

What is the listing price of this property?

The listing price of LOT476 Southwood Dr property is $449,000.

What type of property is this?

The property LOT476 Southwood Dr is land located in Penhook, Virginia, 24137.

Is this property for sale now?

Active Listing: LOT476 Southwood Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property LOT476 Southwood Dr is 1.65 acres.
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Rocket Homes›Virginia›Franklin County›Penhook›24137›LOT476 Southwood Dr

This home is located at LOT476 Southwood Dr in Penhook, VA and zip code 24137. This home sits on a 1.65 acre lot. It has been listed on Rocket Homes since August 14, 2020 and is currently priced at $449,000.

In April 2024, from all listings sold in Penhook, VA there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Penhook, VA between March 2024 and April 2024 increased by 41.7%.

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

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