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410 Marina Bay Dr #102, PENHOOK, VA, 24137

2beds
2baths
1,242sqft
$515,000
$415price/sqft
$3,151/moest. monthly cost
$126,040/yrincome needed

About This Home

Marina Bay Condo-Relax in this beautiful fully furnished lower-level condo, perfectly situated for ease and enjoyment. Forget the stairs-this unit is effortlessly accessed from the lower parking lot, making arrivals and departures a breeze. Your front row seat to the links offers stunning views of #11 tee box and green, providing a picturesque backdrop to your daily life. It offers a gentle slope to the water and a charming covered gazebo, a perfect spot for peaceful mornings or relaxing evenings by the lake. Complete with all the furnishings for your enjoyment. An active club membership to be paid by the new owners for $35000.00 within 30 days of closing. Amenities include 2 pools: Junior Olympic size and a baby pool for the little ones, tennis, pickleball, basketball, equestrian center, golf and dining.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

7/10
5/10
Ben. Franklin Middle-WestGrades 6-814.7 mi
4/10
Franklin County High SchoolGrades 9-1214.3 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1997

Materials

  • Construction materials: Brick,Wood

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Washer,Trash Compactor,Dishwasher,Microwave,Electric Range

Bedroom2

  • Level: E

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Area

  • Level: E

Features

  • Door features: Full View,Sliding Doors
  • Window features: Insulated Windows
  • Flooring: Carpet,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Great Room
  • Fireplace: Yes
  • Finished area above ground: 1,242

Great Room

  • Level: E

Heating & Cooling

  • Heating features: Heat Pump Electric
  • Cooling features: Heat Pump Electric

Interior Area

  • Total structure area: 1,242
  • Total interior livable area: 1,242 sqft

Kitchen

  • Level: E

Laundry

  • Level: E

Other

  • Level: E

Primary Bedroom

  • Level: E

Property

Details

  • Parcel number: 0511000200
  • Attached to another structure: Yes

Features

  • Patio & porch: Patio
  • Exterior features: Maint-Free Exterior
  • Has view: Yes
  • View description: Golf Course
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Waterfront,Cove
  • Waterbody name: Smith Mtn Lake

Lot

  • Features: Views

Parking

  • Parking features: Paved

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
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $2,604$31,248
Home Insurance *$131$1,572
Property Taxes $214$2,568
Electricity $202$2,433
Total$3,151$37,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,034/yr
40% on housing$94,530/yr
45% on housing$84,026/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

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.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$415This listing

vs Other Active Listings

Avg $/sqft

ZIP 24137$379
Franklin County$240

vs Homes Sold Last Month

Median $/sqft

ZIP 24137$301
Franklin County$174

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

DateEventPrice
2026-04-27Listed for sale$529,000
2026-04-18Listing removed$529,000
2025-12-03Price change$529,000
2025-10-24Listed for sale$549,000
2016-06-10Sold$159,900

For Sale by Agent

AgentVICKI S MILLEHAN
BrokerageBERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE

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