255 Plantation DR
$650,000
2 bd 2 ba 2,884 sqft
255 Plantation DR
Penhook, VA 24137
Property Type
Residential
Year Built
1950
Lot Size
6.49 acres
Garage
2 spaces

About This Property

Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment.

The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space.

Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing.

Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find.

Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.

Property Details

Interior

Bedrooms
2
Bathrooms
2
Living Area
2,884 sqft
Fireplace
Yes

Exterior & Lot

Lot Size
6.49 acres
Year Built
1950
Garage Spaces
2

Location

Subdivision
NA
County
Franklin County
ZIP Code
24137

Financial

Annual Taxes
$1,652

Utilities

Utilities
Underground Utilities
Sewer
Private Septic

Schools

Elementary
Glade Hill
Middle School
Ben Franklin Middle
High School
Franklin County

Interior Features

Cathedral Ceiling(s), Ceiling Fan(s), Storage, Walk-In Closet(s)

Appliances

Microwave Oven (Built In)

Heating

Heat Pump Electric

Cooling

Heat Pump Electric

Patio & Porch Features

Front Porch, Rear Porch, Covered Porch, Deck

Location

Listing Information

MLS #
930851
Listing Agent
DEBBIE SHELTON
Listing Office
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Listed Date
Aug 28, 2026
Brian Deacon
Brian Deacon
Realtor®, Broker

Contact Brian Deacon About This Property

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