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$249,900
Lot 236 Marina Bay DR
Penhook, VA 24137
MLS# 927297



02-Marina Bay Drive-4
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Property Description
Rare find in The Water's Edge Golf & Country Club! This beautiful water-access lot offers the best position and includes Deeded Boat Slip #1 in the Marina Bay community dock--just a short walk away. Enjoy all the premier amenities: championship golf, clubhouse, pool, tennis, fitness, dining, and Smith Mountain Lake's pristine beauty. Build your dream lake house and start enjoying lake life now while you plan your perfect retreat. Exceptional location, luxury lifestyle, and unbeatable convenience await in this sought-after community. Membership available with $35,000 initiation fee.

Details
General Property Description
Land Type: Unimproved Lot
Land Sub-Type: Residential - Single Family
Total Acreage: 0.64
Manufactured Allowed: No
Water Class: Water Access Only
Water ID: Smith Mtn Lake
Location, Tax & Legal
Major Area: 04 - Franklin County
Phase: 0
Subdivision Map: The Waters Edge
Lot: 236
Block: 0
Tax ID: 051 09-025 00
Annual Taxes: 211
Section: 4
Zoning Code: RPD
POA Y/N: Yes
POA Dues: 0
POA Terms: Annual
Area: 0490 - SML Franklin County
Street Number: Lot 236
Street Name: Marina Bay
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: The Waters Edge
Municipality: Franklin County
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: Route 40 to Penhook, turn onto Old Mountain RD to L Smith Mountain RD to L Water's Edge DR to L Marina Bay DR to lot on right
Limited Service
Not Limited Service: 1
Land Description
Gentle Sloping: 1
Property Description
Wooded: 1
Water Description
Public: 1
Documents Available
Deed Restrictions: 1
Survey: 1
Sewer Description
Private Septic: 1
Electric Description
Below Ground: 1
Water Access Only A
Access - On/Off Site: Access - Off Site
Water Access Only B
Comm Boat Ramp: 1
Community Dock: 1
Deed/Assgn Dock: 1
Boat Dock Desc
A-Roof: 1
Boat Hoist: 1
Floater: 1
Water Features
Cove: 1
Other Water Details
Nbr of Covered Slips: 1
Contract Information
Current Price: $249,900
List Price: $249,900
List Date: 2026-05-06
Status: Active
Property Features
Limited Service: Not Limited Service
Land Description: Gentle Sloping
Property Description: Wooded
Documents Available: Deed Restrictions; Survey
Electric Description: Below Ground
Water Description: Public
Sewer Description: Private Septic
Water Access Only B: Comm Boat Ramp; Community Dock; Deed/Assgn Dock
Boat Dock Desc: A-Roof; Boat Hoist; Floater
Water Features: Cove

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

Last Updated: May - 06 - 2026

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