255 Plantation DR
Penhook, VA 24137
MLS# 930851
2 beds | 2 baths | 2884 sqft
Property DescriptionEscape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment.
The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space.
Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing.
Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find.
Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.
Property Sub-Type: Single Family Residence
Construction Status: Completed
Residential Type: Detached
Total Acreage: 6.49
Entry Above Grd Fin SQFT: 2884
Upper Above Grd Fin SQFT: 0
Other Above Grd Fin SQFT: 0
Total Fnshd SqFt: 2884
Total Above Grd Fin SQFT: 2884
Grand Total Attached SQFT: 2884
Basement Y/N: No
Water Class: N/A
Total Unfin SQFT: 0
Prim. Covered Prking: Garage Attached
# Prim Cov Spaces: 1
Add'l Covered Prkng: Carport Detached
# Add Cov Spaces: 1
Total Cov'd Prk Spc: 2
Year Built: 1950
Total Bdrm: 2
Total Bths: 2
Total F Baths: 2
Major Area: 04 - Franklin County
Phase: 7
Subdivision Map: NA
Lot: 0
Block: 0
Tax ID: 067 00-018 00 and 0670001700
Annual Taxes: 1652
Section: 0
Zoning Code: A1
POA Y/N: No
Area: 0400 - Franklin County
Street Number: 255
Street Name: Plantation
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: NA
Municipality: Franklin County
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Public Remarks: Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment.
The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space.
Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing.
Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find.
Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.
Directions: Route 40 to Penhook turn onto Morgans Fork Rd to R onto Plantation Dr to home on left
Maint-Free Exterior: 1
Underground Util: 1
# Fireplaces: 1
Gas Log: 1
Breakfast Area: 1
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Storage: 1
Covered Porch: 1
Front Porch: 1
Clothes Dryer: 1
Clothes Washer: 1
Dishwasher: 1
Microwave Oven (Built In): 1
Range Gas: 1
Refrigerator: 1
Carpet: 1
Tile - i.e. ceramic: 1
Low-Emissivity Windows: 1
Current Price: $650,000
List Price: $650,000
List Date: 2026-08-28
Status: Active
Limited Service: Not Limited Service
Construction: Hard Board; Stone
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Interior Features: Breakfast Area; Cathedral Ceiling(s); Ceiling Fan(s); Storage; Walk-In Closet(s)
Exterior Features: Deck; Paved Driveway; Shed(s)
Appliances: Dishwasher; Clothes Dryer; Microwave Oven (Built In); Refrigerator; Range Gas; Clothes Washer
Misc Features: Maint-Free Exterior; Underground Util
Floors: Carpet; Tile - i.e. ceramic; Wood
Windows: Clad; Insulated; Low-Emissivity Windows
Exterior Doors: Fiberglass
Porch: Covered Porch; Front Porch; Rear Porch
Water Description: Shared Well
Sewer Description: Private Septic
Water Htr Energy: Electric
| Room Name | Level |
| Primary Bedroom | |
| Bedroom 2 | Entry |
| Den | Entry |
| Dining Area | Entry |
| Kitchen | Entry |
| Laundry | Entry |
| Living Room | Entry |
Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Last Updated: August - 28 - 2026
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