#919098, Listing office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Property details
About 241 Locust Ln
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 guest 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
Highlights
Home typeSingle Family Residence
HeatingBaseboard
StatusActive
CoolingWindow Unit(s)
Size940 sqft
BasementYes
Lot size0.82 Acres
Year built1971
MLS #358370
Fireplace1 Fireplace, Great Room, Wood Burning, Other
ViewOther
Summary
- Full Bathrooms: 1
- Appliances: Microwave, Electric Range, Refrigerator
- Basement: Yes
- Flooring Type: Laminate, Vinyl, Wood
- Interior: Ceiling Fan(s), Drywall, Great Room, Laundry Closet, Main Level
- Fireplace: 1 Fireplace, Great Room, Wood Burning, Other
- Total Bedroom Count: 2
- View: Other
- Exterior: Deck, Patio, Rear Porch, Landscaped
- Architectural Style: Other, See Remarks
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $599,950
- Price/SqFt: $638
- HOA Amount: $0
- Annual Tax Amount: $2,224
- Tax Year: 2024
- 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.
- Year Built: 1971
- Stories: 1
- Living Area: 940 SqFt
- Lot Size: 0.82 Acres
- MLS Number: 358370
- MLS Name: Lynchburg
- Office Name: Re/Max Lakefront Realty
- Office Phone: (540) 721-3555
- Listing Agent: Charlene M Jones
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 6:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 29, 2022 | Home Sold | $399,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $397,200 | $2,224 |
| 2022 | $259,600 | $- |
History based on county public records data.
Nearby schools
7
Glade Hill Elementary School
Public District PK-5
9.1 mi
•8081 Old Franklin Tpke
7
Dudley Elementary School
Public District PK-5
9.6 mi
•7250 Brooks Mill Rd
6
Moneta Elementary School
Public District PK-5
11.3 mi
•12718 Moneta Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,780. Typical income of Penhook, VA residents is less than $<35k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
53%
<35k
28%
35k-100k
19%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
8%
Single, with Kids
45%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
45%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NASCAR
Hunting
Where do the neighbors shop?
Dollar General
Bass Pro Shops
Academy Sports & Outdoors
Where do the neighbors go to eat?
Applebees
Hardee's
Jimmy Johns
What do the neighbors drive?
Cadillac
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 241 Locust Ln
The listing price of 241 Locust Ln property is $599,950.
The property 241 Locust Ln is a house located in Penhook, Virginia, 24137.
Active Listing: 241 Locust Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 241 Locust Ln are: Glade Hill Elementary School (GreatSchools Rating 7/10), Dudley Elementary School (GreatSchools Rating 7/10), Moneta Elementary School (GreatSchools Rating 6/10), Gretna Middle School (GreatSchools Rating 6/10), Staunton River Middle School (GreatSchools Rating 4/10), Benjamin Franklin Middle School (GreatSchools Rating 5/10), Gretna High School (GreatSchools Rating 5/10), Staunton River High School (GreatSchools Rating 4/10), Franklin County High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,224 (source: MLS/based on county public records data).
The last sale was on November 29, 2022 for $399,900 (source: MLS/tax record).
The property at 241 Locust Ln has 2 bedrooms and 1 bathroom.
The property 241 Locust Ln is 940 SqFt (source: MLS/tax record).
The year of construction for 241 Locust Ln is 1971.
This home is located at 241 Locust Ln in Penhook, VA and zip code 24137. This 940 square foot home, which was built in 1971, sits on a 0.82 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $599,950.
In June 2025 more than 0 listings in Penhook, VA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Penhook, VA between May and June 2025 increased by 52%.
From Rocket Homes Real Estate and based on county public records data.