Lake Commercial For Sale

One of a kind prime lakefront investment property that is currently a luxury campground w/approx 41 acres, 3,750' +/- of waterfront & 129 mobile home/camper sites w/water & septic hookups included plus 3 office sites. The tenants pay the electric. All campsites are grandfathered in & there is a permit for the park. This property is also perfect for a development tract for a new subdivision w/a terrific location on the lake & wide water views from each lot. All docks grandfathered in . Off water boat storage rentals under a cover shelter also rent out. Swimming area, covered pavilion for picnics & offers wifi, boat ramp, walking & golf cart trails. Bath house, pump station, 4 wells & 20 septic tanks (tanks pumped every year). Property, mobile homes & docks Sold As-Is) Appointment only. Campground has a Pumpout Station & Bath House. Cemetery located on the property. The seller mows the cemertery but it is used by the Ferguson family. One of the day docks can be used all day and has spaces for 4 different boats. 62 docks (56 docks are owned by the tenants and the owner owns 6 docks). The day docks can be used for just for one hour at a time. Also, included is a doublewide that is used as one office, singlewide being used as a second office and a third singlewide used as a tool storage building. During the warmer months there is Boat Church on the lakefront & people can attend in person by car or boat. Water tests are done quarterly. GIS SHOWS 39.57 ACRES BUT THEN IT ALSO SHOWS IT TO BE 41 ACRES. SELLER IS SELLING PROPERTY AS 41 ACRES +/- SOLD AS-IS.

Property Details

  • Beds: 0
  • Baths: 0.0
  • Year Built: 0
  • Location: Smith Mountain Lake
  • Acres: 41.000
  • Waterfront: Yes
  • Lakeview: Yes
  • ViewTypes: Lake
  • County: Pittsylvania County
  • Roof:
  • Property Taxes: $18,859
  • MLS #: 925676

Location

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Contact Information:

Contact Agent
Buyer's Agent: Edna Jamieson Wood
Wainwright & Co. Realtors
540-520-0168
Please say you found it on Lakehouse.com !
Listing Agent: CASEY DANIELLE JOHNSON, Re/Max Lakefront Realty, 540-721-3555, 540-721-3555 Listing Site, Listing Status: Active
Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Commercial For Sale in Penhook, Virginia
Ad Number : 7447125
Viewed: 1 times
Added: Mar 20, 2026
Updated on: Mar 20, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.