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    253 Island Green DR, Penhook, VA 24137 (MLS# 926504)

    253 Island Green DR, Penhook, VA 24137

    $1,595,000
    Property Type: Residential Bedrooms: 4 Baths: 3.1 Square Footage: 3,703 Lot Size (sq. ft.): 5,227 Status: Active
    Current Price: $1,595,000 List Date: 5/01/2026 Last Modified: 8/25/2026

    Description

    FULLY UPDATED WATERFRONT TOWNHOME -- ISLAND GREEN AT THE WATER'S EDGE COUNTRY CLUB Enjoy exceptional lakefront living in this beautifully updated waterfront townhome, completely renovated in 2021 and ideally located in the desirable Island Green neighborhood of The Water's Edge Country Club. Featuring an open floor plan, beautiful surroundings, and a peaceful cove setting, this home offers the perfect combination of comfort, privacy, and recreational enjoyment. The large, quiet cove provides an ideal setting for swimming, kayaking, paddleboarding, and enjoying the lake with family and friends--without the concerns of heavy boat traffic. The location is also especially appealing for families with children and grandchildren. Golf enthusiasts will appreciate the proximity to the #7 signature hole, while the nearby boat dock is just a short walk away. Currently decorated and furnished as a four-bedroom home, the spacious upper-level loft provides additional flexibility and is currently being used as an office. The lower level offers two bedrooms, a comfortable family room, a bar area, and a steam/shower room--perfect for relaxing after a day on the lake or golf course. Two fireplaces add warmth and character throughout the home. The upper-level propane fireplace creates a cozy gathering space, while the lower-level fireplace features a built-in propane starter for enjoying traditional wood fires. Outdoor living is a highlight, with multiple spaces designed to take full advantage of the beautiful lake setting. The large enclosed upper porch features sliding glass doors and screens, allowing for year-round enjoyment. An additional open upper porch and a spacious lower deck with ceiling fans provide plenty of room for entertaining, relaxing, and enjoying summer evenings by the water. Additional features include generous walk-in closets, a convenient pantry, and abundant living and storage space. With its exceptional location, versatile floor plan, extensive updates, and peaceful waterfront setting, this is a special opportunity to enjoy the best of lake, golf, and country club living. A MUST-SEE PROPERTY!

    More Information MLS# 926504

    General Property Description

    Property Sub-Type: Townhouse Construction Status: Completed Residential Type: Attached Total Acreage: 0.12 Entry Above Grd Fin SQFT: 1713 Upper Above Grd Fin SQFT: 277 Lower Below Grd Fin SQFT: 1713 Other Above Grd Fin SQFT: 0 Total Fnshd SqFt: 3703 Total Above Grd Fin SQFT: 1990 Grand Total Attached SQFT: 3703 Basement Y/N: Yes Water Class: Waterfront Property Length of Waterfront: 0 Total Unfin SQFT: 0 Prim. Covered Prking: Garage Attached # Prim Cov Spaces: 2 Primary Covered Parking SQFT: 506 Uncovered # Spaces: 4 Total Cov'd Prk Spc: 2 Year Built: 1990 Total Bdrm: 4 Total Bths: 3.1 Total F Baths: 3 Total H Baths: 1 Water ID: Smith Mtn Lake

    Location, Tax & Legal

    Major Area: 04 - Franklin County Phase: 0 Subdivision Map: Island Green Pte Lot: 20 Block: 0 Tax ID: 051-08-020-00 Annual Taxes: 4228.62 Section: 0 Zoning Code: RPD POA Y/N: Yes POA/Condo Dues: 733 POA/Condo Terms A/M: Monthly Area: 0490 - SML Franklin County Street Number: 253 Street Name: Island Green Street Suffix: DR State/Province: VA Zip Code: 24137 Subdivision: The Waters Edge Municipality: Franklin County Elementary School: Glade Hill Middle School: Ben Franklin Middle High School: Franklin County

    Remarks & Misc

    Public Remarks: FULLY UPDATED WATERFRONT TOWNHOME -- ISLAND GREEN AT THE WATER'S EDGE COUNTRY CLUB Enjoy exceptional lakefront living in this beautifully updated waterfront townhome, completely renovated in 2021 and ideally located in the desirable Island Green neighborhood of The Water's Edge Country Club. Featuring an open floor plan, beautiful surroundings, and a peaceful cove setting, this home offers the perfect combination of comfort, privacy, and recreational enjoyment. The large, quiet cove provides an ideal setting for swimming, kayaking, paddleboarding, and enjoying the lake with family and friends--without the concerns of heavy boat traffic. The location is also especially appealing for families with children and grandchildren. Golf enthusiasts will appreciate the proximity to the #7 signature hole, while the nearby boat dock is just a short walk away. Currently decorated and furnished as a four-bedroom home, the spacious upper-level loft provides additional flexibility and is currently being used as an office. The lower level offers two bedrooms, a comfortable family room, a bar area, and a steam/shower room--perfect for relaxing after a day on the lake or golf course. Two fireplaces add warmth and character throughout the home. The upper-level propane fireplace creates a cozy gathering space, while the lower-level fireplace features a built-in propane starter for enjoying traditional wood fires. Outdoor living is a highlight, with multiple spaces designed to take full advantage of the beautiful lake setting. The large enclosed upper porch features sliding glass doors and screens, allowing for year-round enjoyment. An additional open upper porch and a spacious lower deck with ceiling fans provide plenty of room for entertaining, relaxing, and enjoying summer evenings by the water. Additional features include generous walk-in closets, a convenient pantry, and abundant living and storage space. With its exceptional location, versatile floor plan, extensive updates, and peaceful waterfront setting, this is a special opportunity to enjoy the best of lake, golf, and country club living. A MUST-SEE PROPERTY! Directions: From Penhook, Old Mtn Rd, L Smith Mtn Rd, L Water's Edge Drive, R Silver Tee, L Island Green Dr to first home on left - just past Island Green Circle.

    Limited Service

    Not Limited Service: 1

    Lot Description

    Gentle Sloping: 1 Level: 1

    Construction

    Brick: 1 Wood: 1

    Basement

    Full: 1 Walk-Out Access: 1

    Views

    Golf Course: 1 Lake: 1 Sunset: 1

    Heating

    Heat Pump Electric: 1

    Misc Features

    Cable TV: 1 Cul-De-Sac: 1 Paved Road: 1 Underground Util: 1

    Cooling

    Heat Pump Electric: 1

    Fireplace

    # Fireplaces: 2 Gas Log: 1 Masonry: 1 Basement: 1 Living Room: 1

    Water Description

    Community System: 1

    Sewer Description

    Shared Septic: 1

    Water Heater Type

    Hybrid: 1

    Interior Features

    Central Vacuum: 1 Cathedral Ceiling(s): 1 Drapes: 1 Security System: 1 Walk-In Closet(s): 1

    Internet Access

    Cable: 1 Cur'nt Internet Prov: Shentel

    Exterior Features

    Bay Window: 1 Deck: 1 Patio: 1 Paved Driveway: 1

    Porch

    Covered Porch: 1 Screened Porch: 1 Front Porch: 1 Rear Porch: 1

    Appliances

    Clothes Dryer: 1 Clothes Washer: 1 Compacter: 1 Cook Top: 1 Dishwasher: 1 Disposer: 1 Microwave Oven (Built In): 1 Wall Oven: 1

    Floors

    Carpet: 1 Luxury Vinyl Plank: 1 Tile - i.e. ceramic: 1 Wood: 1

    Boat Dock Desc

    Boat Hoist: 1 Floater: 1 Pers WaterCraft Lift: 1

    Area Amenities

    Private Golf: 1 Stable(s): 1

    Water Features

    Cove: 1

    Windows

    Insulated: 1

    Exterior Doors

    Metal: 1 Sliding: 1

    Primary Bedrooms

    Primary BR Entry Lvl: 1

    Water Htr Energy

    Electric: 1

    Bedrooms

    BR Entry Level: 2 BR Lower Level: 2

    Water Details

    Number Covered Slips: 1

    Full Baths

    Full Baths Entry Lvl: 2 Full Baths Lower Lvl: 1

    Half Baths

    Half Baths Entry Lvl: 1

    Laundry

    Laundry Entry Level: 1

    Contract Information

    Current Price: $1,595,000 List Price: $1,595,000 List Date: 2026-04-14 Status: Active

    Property Features

    Limited Service: Not Limited Service Lot Description: Gentle Sloping; Level Construction: Brick; Wood Basement: Full; Walk-Out Access Heating: Heat Pump Electric Cooling: Heat Pump Electric Fireplace: Gas Log; Masonry; Basement; Living Room Interior Features: Cathedral Ceiling(s); Central Vacuum; Drapes; Security System; Walk-In Closet(s) Exterior Features: Bay Window; Deck; Patio; Paved Driveway Views: Golf Course; Lake; Sunset Appliances: Compacter; Cook Top; Dishwasher; Disposer; Clothes Dryer; Microwave Oven (Built In); Wall Oven; Clothes Washer Misc Features: Cable TV; Cul-De-Sac; Paved Road; Underground Util Area Amenities: Private Golf; Stable(s) Floors: Luxury Vinyl Plank; Carpet; Tile - i.e. ceramic; Wood Windows: Insulated Exterior Doors: Metal; Sliding Porch: Covered Porch; Screened Porch; Front Porch; Rear Porch Water Description: Community System Sewer Description: Shared Septic Water Heater Type: Hybrid Water Htr Energy: Electric Internet Access: Cable Boat Dock Desc: Floater; Boat Hoist; Pers WaterCraft Lift Water Features: Cove

    Room Information

    Primary Bedroom Level: Entry Level: Entry Bedroom 2 Level: Entry Level: Entry Bedroom 3 Level: Lower Level: Lower Bedroom 4 Level: Lower Level: Lower Dining Area Eat-in Kitchen Level: Entry Level: Entry Foyer Level: Entry Level: Entry Great Room Level: Entry Level: Entry Kitchen Level: Entry Level: Entry Laundry Level: Entry Level: Entry Living Room Level: Entry Level: Entry Office Level: Upper Level: Upper Recreation Room Level: Lower Level: Lower
    Listing Office: BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
    Last Updated: August - 25 - 2026
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