Waterfront - Golf Course - Eco Friendly
Address
176 Three Point Isle Dr, Penhook, VA
Price
$ 3,499,000
Property Attributes
- MLS#925505
- TypeSingle Family
- Listing Status Active
- CountyFRANKLIN
- CityPenhook
- Area0490 - SML Franklin County
- NeighborhoodThree Pointe Isle
- Zip24137
- StyleContemporary
- Year Built2022
- Taxes$ 7918
- Price$ 3,499,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms2
- Sqr Footage5678
- Lot Size0.84 Acres
Data Source:
Roanoke Valley MLS (RVAR)
Property Description
Stunning Smith Mountain Lake waterfront estate designed by renowned lake architect Antonio Veloso and constructed in 2022 as a luxury home builder's personal residence. A showcase of elegance and craftsmanship, this remarkable property is nestled on nearly an acre on the exclusive Three Pointe Isle peninsula and offers sweeping lake views from multiple vantage points. From the front of the home, enjoy spectacular sunset views across Smith Mountain Lake toward Smith Mountain. Behind the home, the property opens to a calm, protected cove with main-lake views and almost no boat traffic--creating an extraordinary setting that combines dramatic scenery with peaceful waterfront living. Offering over 5,500 square feet of luxury construction, the residence was built with exceptional quality and attention to detail. Constructed with 2x6 exterior walls, spray foam insulation, and premium Pella Lifestyle doors and windows designed to maximize both energy efficiency and the incredible water views. The home features four spacious en-suites on a three-bedroom septic, including a main-level primary suite with private deck access, stunning lake views, and a spa-inspired bath. The secondary bedrooms are equally impressive, both featuring vaulted ceilings, with one offering its own private balcony overlooking the beautiful main-lake views. A large bonus room with a walk-in closet is currently styled as an oversized fifth bedroom or playroom, providing flexible space for guests or recreation. The finished walkout basement is designed for entertaining and extended guest stays. Featuring a kitchenette, second laundry room, private en-suite bedroom, powder room with a convenient changing area for lake days, and two additional flex rooms that can serve as guest rooms, hobby spaces, offices, or fitness rooms. Technology and convenience are seamlessly integrated throughout the home with a high-tech whole-house audio and visual system with interior and exterior speakers, a security system with exterior cameras, elegant exterior uplighting, and a programmable irrigation system. Brand New 4 ft. decorative aluminum fence on three sides. The waterfront amenities are equally impressive. The enormous dock is designed as a true lakefront entertainment hub and includes two boat lifts, two jet ski docks, expansive party space, a giant floater, kayak launch, and paddleboard racks--perfect for enjoying the Smith Mountain Lake lifestyle to its fullest. Located in the peaceful Penhook area of Smith Mountain Lake, the home is just three miles from The Water's Edge Country Club, where non-resident memberships are available for golf, dining, tennis, and social activities. Furnishings by Bassett may be purchased separately, offering the opportunity for a nearly turnkey luxury lakefront retreat. Main Photo from 2025.
| Elementary School | Middle School | High School |
|---|---|---|
| Glade Hill Elementary School | Ben Franklin Middle | Franklin County High School |
| Price History | |
|---|---|
| 3/27/2026 | Listed $3,599,000 |
| 8/21/2026 | 3$3,499,000 |
General Features
| Heating | Zoned,Heat Pump Electric |
|---|---|
| Cooling | Heat Pump Electric,Zoned,Central Air |
| Utilities | Underground Util |
| Appliances | Other - See Remarks,Microwave Oven (Built In) |
| Patio/Porch Features | Covered Porch,Deck,Front Porch,Patio,Rear Porch |
| Architectural Style | Contemporary |
| Security Features | Security System |
| Year Built | 2022 |
| Electric | Generator |
| View | Sunset,Mountain(s),Lake |
| Levels | 2 Story |
| Property Subtype | Single Family Residence |
| Waterfront Features | Cove,Riprap Shoreline |
| County | Franklin County |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Energy Efficient | 2 X 6 Exterior Walls |
| Subdivision Name | Three Pointe Isle |
| Total Rooms | 12 |
| Full Baths | 4 |
| Status | Active |
| Directions | Heading east on VA-40 E/Old Franklin Turnpike,turn left onto Old Mountain Rd. Turn left onto Smith Mountain Rd. Turn left onto Three Point Isle Dr. |
| High School | Franklin County |
| City | Penhook |
| MLS Area | 0490 - SML Franklin County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 36590.4 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Elementary School | Glade Hill |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 7918.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Ben Franklin Middle |
| Lease Renewal Y/N | No |
| MLS Area Minor | 0490 - SML Franklin County |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://vimeo.com/manage/videos/1179283087 |
| Standard Status | Active |
| Tax Lot | 4 |
| MobileHomeRemainsYN | No |
| Senior Community | None |
Interior Features
| Interior Amenities | Other - See Remarks,Wired For Data,Wired for Sound,Walk-In Closet(s),Ceiling Fan(s),Wet Bar |
|---|---|
| Total Fireplaces | 3 |
| Fireplace Features | Primary Bedroom,Living Room,Gas Log,Basement,Recreation Room |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Half Baths | 2 |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| Total Baths | 6 |
Exterior Features
| Exterior Amenities | Other - See Remarks,Balcony |
|---|---|
| Parking Features | Paved Driveway,Garage Door Opener |
| Lot Features | Gentle Sloping,Views |
| Water Source | Private Well |
| Lot Size Area | 0.84 |
| Spa | No |
| Building Area Total | 5678.0 |
| Lot Size Acres | 0.84 |
| Waterfront Y/N | Yes |
| Covered Spaces | 2.0 |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 24137
Price
Taxes
Year Built
Visits
© 2026 New River Valley Multiple Listing Service, Inc. All rights reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.
NRVMLS data last updated at September 22, 2026 3:16 PM UTC
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by MLS of Roanoke Valley, Inc. (540-772-0526) on September 22, 2026 3:44 PM UTC . The information on this sheet has been made available by the MLS and may not be the listing of the provider. All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily
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