2650 Waters Edge Dr, Penhook, VA, 24137
About This Home
Welcome to 2650 Water's Edge Drive - A Waterfront Luxury RetreatThis stunning 6-bedroom, 6-bath lakefront home offers 6,654 finished square feet of elegant living with an open floor plan designed for comfort and entertaining. Thoughtfully crafted with high-end finishes, this residence combines timeless craftsmanship with modern convenience. Enjoy the rare luxury of three spacious master suites--one on each level--perfect for multi-generational living or hosting guests. All bathrooms are beautifully tiled with heated floors, chrome fixtures, and bathtubs in four of the suites. The gourmet kitchen is a chef's dream, featuring custom cherry cabinetry, Wolf, Cove, and Subzero appliances, a 9-foot island, beverage refrigerator, and ice maker. Premium quartz countertops extend throughout the home, while the lower level offers a full kitchenette with refrigerator, dishwasher, and microwaveideal for guests or lakeside entertaining. Additional highlights include: Elevator to all floors for easy access Two gas fireplaces with built-in shelving (cherry on the main, painted on the lower level) Hardwood flooring on the main and upper levels, luxury vinyl on the lower level Exercise room, office, and abundant storage including conditioned and unconditioned spaces Oversized 2-car garage, EV charger ready Step outside to enjoy multiple decks, a slate front porch, a large paver patio with firepit, and a walkway leading to your private dock with boat and PWC lifts. The home is fully landscaped with irrigation and lighting, and gas grill hookups are available on both the patio and main deck. Built with energy efficiency in mind, the property boasts 2x6 construction, spray foam insulation, Andersen windows, dual tankless water heaters, insulated floors and walls, and 30-year shingles. This exquisite home at Water's Edge offers the perfect balance of luxury, functionality, and lakefront living.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction,Completed
- New construction: Yes
- Year built: 2025
Materials
- Construction materials: Brick,Fiber Cement
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Washer,Cooktop,Dishwasher,Microwave,Refrigerator,Oven
Basement
- Has basement: Yes
Bedroom4
- Level: E
Bedroom5
- Level: U
Bedroom6
- Level: U
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Dining Area
- Level: E
Features
- Other - See Remarks,Wet Bar
- Door features: Full View,Metal
- Window features: Clad,Insulated Windows
- Flooring: Ceramic Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Great Room,Recreation Room
- Fireplace: Yes
- Finished area below ground: 2,527
- Finished area above ground: 4,127
Foyer
- Level: E
Great Room
- Level: E
Heating & Cooling
- Heating features: Heat Pump Electric
- Cooling features: Heat Pump Electric
Interior Area
- Total structure area: 6,654
- Total interior livable area: 6,654 sqft
Kitchen
- Level: E
Laundry
- Level: E
Mud Room
- Level: L
Office
- Level: U
Other
- Level: L
Primary Bedroom
- Level: E
Primary Bedroom
- Level: U
Primary Bedroom
- Level: L
Recreation Room
- Level: L
Property
Details
- Parcel number: 0510604400
- Zoning: RPD
Features
- Patio & porch: Patio,Front Porch,Rear Porch
- Exterior features: Balcony,Other - See Remarks
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Waterfront,Riprap Shoreline
- Waterbody name: Smith Mtn Lake
Lot
- Lot size: 0.57 Acres
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener
- Has garage: Yes
- Covered spaces: 2
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 | $18,456 | $221,472 |
| Home Insurance * | $935 | $11,220 |
| Property Taxes | $1,298 | $15,576 |
| Electricity | $640 | $7,691 |
| Total | $21,329 | $255,948 |
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 |
|---|---|---|
| 2025-08-20 | Listed for sale | $3,650,000 |
| 2022-02-17 | Sold | $370,000 |
| 2018-12-17 | Sold | $228,000 |
New Construction
View on Zillow