244 Cove Rd, Penhook, VA 24137

Welcome to 244 Cove Road, a beautifully crafted lakefront retreat with panoramic views of Smith Mountain and the open water. Originally built by Craftsman Builders, this custom home was thoughtfully designed to take full advantage of the stunning scenery Newly Finished Basement build-out to double livings space with full apartment. Step inside to soaring cathedral ceilings, a floor-to-ceiling stacked stone fireplace with gas logs, and an open concept layout that seamlessly connects the kitchen, dining, and living areas. The kitchen features granite countertops, stainless sink, pantry, and a convenient laundry closet with shelving and included washer/dryer. The main-level primary suite overlooks the lake and offers a peaceful retreat with an en-suite bath. Two additional guest bedrooms... and bath on the opposite wing of the home. Downstairs, the lower level has now been fully transformed. The current owners have completed the basement with a full second kitchen, an additional laundry area, a bedroom, full bath, spacious living area, a secure safe room, and plenty of storagecreating the ideal setup for multigenerational living or short-term rental income potential.The expansive deck is the perfect spot to soak in breathtaking morning sunrises and enjoy shaded afternoons with a view. Other highlights include a stacked stone retaining wall, oversized double-slip dock with a floater and upper-level deck for entertaining, outdoor storage room, and a whole-house Generator, and water filtration system on the private well. Whether you're looking for a private getaway, investment property, or year-round lakefront living, this home checks every box.