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Lot 53 Island View DR Penhook, VA 24137
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Key Details
Sold Price $15,000
Property Type Vacant Land
Sub Type Residential - Single Family
Listing Status Sold
Purchase Type For Sale
Subdivision The Waters Edge
MLS Listing ID 812004
Sold Date 12/29/22
Annual Tax Amount $160
Lot Size 0.510 Acres
Acres 0.51
Property Description
Prime building lot on one of the most desirable streets, Island View Drive, in The Waters Edge (''TWE''), a private McConnel Golf Club, 18 Hole PGA Championship waterfront golf course community located at Smith Mountain Lake. Situated in an area of many very nice, quality custom-built homes, this lot offers both lake & mountain views. 3 BR septic system site was located on this lot when this section of TWE was developed. Installation of a septic system on this lot and connecting with the community water system are the responsibilities of the purchaser. The current Franklin County tax assessed value of this lot is $26,300. TWE has recently announced a new membership drive for inactive memberships, which provides for special lower initiation fees ranging from $35K to $50k.thru 12/31/22.
Location
State VA
County Franklin County
Area 0490 - Sml Franklin County
Zoning RPD
Body of Water Smith Mtn Lake
Exterior
Pool Cable TV Avail
Waterfront Description Water Access Only
View Lake, Mountain, Sunrise
Building
Sewer Private Septic
Water Community System
Schools
Elementary Schools Glade Hill
Middle Schools Ben Franklin Middle
High Schools Franklin County
Others
Tax ID 0510605300
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Bought with BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
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