About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

241 Locust Ln, Penhook, VA 24137

$550,000

Last sold 11/14/2025 after 220 Days

2
bed
1
bath
940
Sqft ($585/Sqft)

House not for sale

About 241 Locust Ln

Property type House

Neighborhood

Year built 1971

HOA fee $0/month

Lot size 0.82 Acre

Movoto estimate

Property description

Adorable lakefront furnished cottage nestled in a park-like setting at the foothills of beautiful Smith Mountain Lake. Perfectly situated on .83 acres. The entry level features the foyer, great room, beautiful wood beams above, area w/a brick wood burning FP & propane insert, kitchen, breakfast bar, laundry room, full bath, & wrap-around decking for entertaining friends & family. The lower level includes 2 bedrooms. The backyard is perfect for entertaining w/a lower patio, built-in grill, out-door shower, fenced flat back yard, gentle slope to the dock. Enjoy all lake activities with 101 ft of deep waterfront, perfect for swimming, kayaking and canoeing. Covered boat slip, jet ski lift, stationary dock, and floater. Circle drive, plenty of parking. Short Term Rentals Allowed

Listed by

Listing Agent - CHARLENE M JONES

Listing Office - RE/MAX LAKEFRONT REALTY INC

Source: Roanoke Valley AOR

MLS#916021 • last updated 10 months ago

Movoto checked Roanoke Valley AOR for data 24 minutes ago

Overview
Cooling/AC	Window Unit(s)
Heating	Baseboard Electric
Levels/Style	Cottage
Virtual Tour	N/A
MLS #	916021
Type	Residential
Status	Closed
SubType	Single Family Residence
Living Area	940
Lot Size (SqFt)	35719.2
Lot Size (Acres)	0.82
Property Tax	2224
Year Built	1971

Interior
Total # of Bathrooms	1
# of Full Baths	1
Total # of Bedrooms	2
Total # of Rooms	7
Flooring	Vinyl, Wood, Laminate
Appliances	Other
Interior Features	Ceiling Fan(s), Other
Fireplace	Insert, Great Room, Masonry

Exterior
Construction	Vinyl Siding
# of Open Parking Spaces	4
Patio/Porch	Rear Porch, Side Porch, Covered Porch, Deck, Patio
Lot Features	Gentle Sloping, Views

Amenities / Utilities
Sewer/Septic	Private Septic
Water Source	Private Well

Location
Body of Water	Smith Mtn Lake
View	Lake, Sunset
Waterfront	Cove
County	Pittsylvania County
Community Features	Restaurant
Elementary School	Other - See Remarks
Middle School	Other - See Remarks
High School	Other - See Remarks
APN	1563-43-9980
Directions	HFB, R-122 S, L-616, R-834, L-40 E, L-Old Mountain Rd, L-SM Rd, R-Locust Lane, First Drive On Your L-see Mailbox 221 & 221 On The Tree. Continue To End. Circle Drive. Shared Driveway.

$536K

Range: $477K-$594K

Last 30 days

Lower your payment with the loan terms that fit you.

Nov 2025
MLS # 916021
Nov 17, 2025 Sold
$550,000
Sep 15, 2025 Pending
—
Jul 4, 2025 Price Change
$599,950 (-3.1%)
Apr 8, 2025 Listed
$619,000
Nov 2025
MLS # 358370
Nov 17, 2025 Closed
$550,000 (-8.3%)
Sep 15, 2025 Pending
—
Apr 8, 2025 Listed
$619,000 (+54.8%)
Nov 2022
Public Records
Nov 29, 2022 Sold
$399,900
Nov 2022
MLS # 893762
Nov 29, 2022 Sold
$399,900
Oct 29, 2022 Pending
—
Oct 18, 2022 Listed
$399,900

Year Property taxes Tax assessment
2024
$2,224 +28.6%

$397,200 +53.0%
2023
$1,730

$259,600
2022
$1,730 +7.5%

$259,600
2021
$1,610

$259,600
2020
$1,610

$259,600
2018
$1,610 +4.0%

$259,600 -0.99%
2016
$1,547

$262,200
2015
$1,547

—

241 Locust Ln
$550K
N/a
—
24137
$1.39M +74% y/y
Penhook
$1.39M +74% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
221 Locust Ln, Penhook, VA 24137	$784,000	3/2	1,155	0.02
261 Locust Ln, Penhook, VA 24137	$961,000	3/2	1,404	0.02
196 Clearwater Ln, Penhook, VA 24137	$645,000	3/1	616	0.05
301 Locust Ln, Penhook, VA 24137	$788,000	2/1	768	0.05
212 Clearwater Ln, Penhook, VA 24137	$560,000	3/2	1,512	0.06
220 Dogwood Dr, Penhook, VA 24137	$845,000	2/2	928	0.06
231 Locust Ln, Penhook, VA 24137	$646,000	—/—	—	0.07
244 Dogwood Dr, Penhook, VA 24137	$290,000	—/—	—	0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.