253 Island Green Dr, Penhook, VA, 24137
About This Home
FULLY updated (2021) waterfront townhome with open floor plan. Located in the beautiful Island Green Neighborhood at the Water's Edge Country Club. Large beautiful quite cove, great for enjoying the lake without concerns for boat traffic and safe for all (children, grandchildren). Close to the #7 signature hole. Short walk to the boat dock. Decorated as a four bedroom. Also has large loft (upper level) currently used for office. Lower level has two bedrooms, family room, bar and steam/shower room. Two fireplaces - upper level has propane fireplace, lower level has a built-in propane starter for wood fires. Large, enclosed upper porch (sliding glass and screen). Also, upper open porch and large lower deck with fans for summer enjoyment. Walk in closets and pantry. A must see.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1990
Materials
- Construction materials: Brick,Wood
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dryer,Washer,Trash Compactor,Cooktop,Dishwasher,Disposal,Microwave,Oven
Basement
- Has basement: Yes
Bedroom2
- Level: E
Bedroom3
- Level: L
Bedroom4
- Level: L
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Eat In Kitchen
- Level: E
Features
- Door features: Metal,Sliding Doors
- Window features: Insulated Windows,Bay Window(s)
- Flooring: Carpet,Ceramic Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Basement,Living Room
- Fireplace: Yes
- Finished area below ground: 1,713
- Finished area above ground: 1,990
Foyer
- Level: E
Great Room
- Level: E
Heating & Cooling
- Heating features: Heat Pump Electric
- Cooling features: Heat Pump Electric
Interior Area
- Total structure area: 3,703
- Total interior livable area: 3,703 sqft
Kitchen
- Level: E
Laundry
- Level: E
Living Room
- Level: E
Office
- Level: U
Primary Bedroom
- Level: E
Recreation Room
- Level: L
Property
Details
- Parcel number: 0510802000
- Attached to another structure: Yes
- Zoning: RPD
Features
- Patio & porch: Deck,Patio,Front Porch,Rear Porch
- Has view: Yes
- View description: Golf Course,Sunset
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Waterfront,Cove
- Waterbody name: Smith Mtn Lake
Lot
- Lot size: 5,227 sqft
Parking
- Total spaces: 6
- Parking features: Attached,Paved
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,065 | $96,780 |
| Home Insurance * | $408 | $4,896 |
| Property Taxes | $560 | $6,720 |
| Electricity | $356 | $4,280 |
| Total | $9,389 | $112,668 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $1,595,000 |
| 2025-12-15 | Listing removed | $1,595,000 |
| 2025-09-25 | Listed for sale | $1,595,000 |
For Sale by Agent
View on Zillow