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$1,850,000

292 Cove Rd Penhook, VA 24137

7 beds
5 full
4,330 sqft
0.4 acres
$427 / sqft
House

Property details

About 292 Cove Rd

LAKEFRONT LUXURY in this stunning, fully remodeled 7-bedroom, 5 bathroom home nestled on the shores of beautiful Penhook. This cove is the IDEAL location for all water activities! Bring the boat for your own private dock. Impeccably maintained and thoughtfully upgraded throughout, this gorgeous property offers a rare blend of style, space, and sophistication with each detail thought of. Whether you are entertaining or relaxing- the two wet bars and wine coolers make this the opportune retreat for hosting in comfort and elegance. Enjoy BREATHTAKING lake views from nearly every room, even with a screen porch to create seamless indoor-outdoor living. Pavers directly to the dock from the house create the ease of access. Outdoor amenities do not end there with a beautiful patio and fire pit!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size4,330 sqft
BasementYes
Lot size0.41 Acres
Year builtNew Const., 1989
ParkingNot Applicable, N/A
MLS #918527
FireplaceDen, Living Room
ViewLake

Summary

  • Full Bathrooms: 5
  • Appliances: Dryer, Washer, Dishwasher, Gas Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Other - See Remarks, Tile - i.e. ceramic
  • Interior: Storage, Walk-in-Closet
  • Fireplace: Den, Living Room
  • Total Bedroom Count: 7
  • Parking: Not Applicable, N/A
  • View: Lake
  • Exterior: Deck, Paved Driveway, Screened Porch
  • Architectural Style: 1 Story
  • Heating: Heat Pump
  • Cooling: Central Air
  • List Price: $1,850,000
  • Price/SqFt: $427
  • Annual Tax Amount: $3,917
  • Tax Year: 2024
  • Lot: Gentle Sloping, Secluded
  • Directions: 40 E, then take left 645, turn left on 626, turn left on Lakeside Road right on Cove Road to house on the right.
  • Year Built: 1989
  • Stories: 1
  • Living Area: 4,330 SqFt
  • Lot Size: 0.41 Acres
  • MLS Number: 918527
  • Office Name: VIRGINIA REALTY GROUP

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/28/2025, 5:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 06, 2016
Home Sold
$145,000

Tax history

YearAssessmentProperty Tax
2024$699,600$3,917
2022$459,900$-
2021$459,900$2,971
2020$459,900$2,851
2019$459,900$2,851
2018$459,900$2,401
2017$387,400$2,401

History based on county public records data.

Nearby schools

7

Glade Hill Elementary School

Public District PK-5

8.6 mi

8081 Old Franklin Tpke

7

Dudley Elementary School

Public District PK-5

9.4 mi

7250 Brooks Mill Rd

6

Moneta Elementary School

Public District PK-5

11.6 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. Residents typically live in married, no kids family. 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

Frequently asked questions

About 292 Cove Rd

The listing price of 292 Cove Rd property is $1,850,000.

The property 292 Cove Rd is a house located in Penhook, Virginia, 24137.

Active Listing: 292 Cove Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 292 Cove Rd 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 $3,917 (source: MLS/based on county public records data).

The last sale was on October 6, 2016 for $145,000 (source: MLS/tax record).

The property at 292 Cove Rd has 7 bedrooms and 5 bathrooms.

The property 292 Cove Rd is 4,330 SqFt (source: MLS/tax record).

The year of construction for 292 Cove Rd is 1989.

This home is located at 292 Cove Rd in Penhook, VA and zip code 24137. This 4,330 square foot home, which was built in 1989, sits on a 0.41 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $1,850,000.

While more than 0 listings in Penhook, VA in June 2025 were sold above asking price, there were more than 1 listings sold at asking price, and 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.

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