$619,000

241 Locust Ln Penhook, VA 24137

$7,351
Closing credit¹
2 beds
1 full
940 sqft
0.8 acres
$659 / sqft
House

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

  • 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: 4/15/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of dock featuring boat lift, a balcony, fence, and a water view

$619,000

241 Locust Ln

$7,351

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 29, 2022
Home Sold
$399,900

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

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 SkatingFigure Skating
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • ApplebeesApplebees
  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • CadillacCadillac
  • GMCGMC
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 241 Locust Ln

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 $619,000.

Over 1 listings were sold over their listed price in March 2025 in Penhook, VA. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price. In March 2025 in Penhook, VA there were 20% more homes for sale than in February. While the average time on the market in March 2025 was 3 days, the median list price was $725,000.

From Rocket Homes Real Estate and based on county public records data.

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