A Rare Waterfront Opportunity on Smith Mountain Lake!This sprawling 3-bedroom, 3-bath ranch-style home with a finished terrace level is brimming with potential and ready for your personal touch. Perfectly positioned to take in the beauty of Smith Mountain Lake, the open floor plan features a spacious sunroom offering panoramic lake views, along with multiple decks and porches ideal for outdoor living and entertaining.Downstairs, the terrace level boasts a cozy stone fireplace and an impressive bar area--perfect for hosting gatherings or relaxing after a day on the water.Whether you're looking for a full-time residence, a vacation retreat, or an investment property, this rare lakefront gem checks all the boxes--and short-term rentals are allowed, offering incredible income potential.
For sale
$795,000
320 Fingerlake Rd, Penhook, VA 24137
3beds
2,796sqft
Est.:
Single Family Residence
Built in 1981
0.49 Acres Lot
$768,600 Zestimate®
$284/sqft
$-- HOA
What's special
Cozy stone fireplaceSpacious sunroomFinished terrace levelPanoramic lake viewsOpen floor planMultiple decks and porchesImpressive bar area
- 32 days
- on Zillow |
- 1,640 |
- 57 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2025 at 04:40am
Listed by:
Audrey Evans 540-874-0317,
RE/MAX LAKEFRONT REALTY INC
Source: RVAR,MLS#: 915528

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: E
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
Features
- Cathedral Ceiling(s)
- Flooring: Laminate, Vinyl
- Basement: Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Basement
Interior area
- Total structure area: 2,796
- Total interior livable area: 2,796 sqft
- Finished area above ground: 1,596
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached Carport
- Has carport: Yes
- Covered spaces: 3
Features
- Patio & porch: Covered, Deck
- Has spa: Yes
- Spa features: Heated
- Fencing: Fenced
- Has view: Yes
- View description: Sunrise, Sunset
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, No Wake Area
- Body of water: Smith Mtn Lake
Lot
- Size: 0.49 Acres
Details
- Parcel number: 1563421053
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl
Condition
- Completed
- Year built: 1981
Utilities & green energy
- Electric: 0 Phase
- Water: Well
Community & HOA
Community
- Subdivision: Penhook
HOA
- Has HOA: No
Location
- Region: Penhook
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $361,300
- Annual tax amount: $3,970
- Date on market: 3/25/2025
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