Lake Home For Sale near Philpott Reservoir

A rare opportunity to own 50 acres of picturesque countryside featuring two separate homes, ideal for multi-generational living, rental income, or expanded homesteading potential-all with convenient Henry Rd frontage. The main residence is a classic two-story farmhouse offering 5 bedrooms and 2 bathrooms. With original wood flooring, charming vintage touches, and a full-length front porch, this home radiates warmth and character. The second home is a spacious double-wide manufactured home with 3 bedrooms and 2 full bathrooms. Recent updates include new carpet flooring, a new water heater, and a roof just a few years old. The home also features vaulted ceilings in the main living area, a large covered parking area, and a generously sized cinderblock garage/shop, perfect for storage, hobbies, or a small business setup. Both homes offer a solid foundation with plenty of charm and space - but also present a wonderful opportunity for the new owner to bring their vision to life. With some updates and personal touches, this property could truly shine as a one-of-a-kind country estate. With room to grow, farm, or invest, this versatile property offers endless potential in a peaceful, private setting. Whether you're looking for a rural retreat, family compound, or income-producing property-this property checks all the boxes. Some photos may have been digitally enhanced. Some photos may be digitally enhanced. Info taken from tax assessment and/or seller. Buyer/Buyer Agent to verify.

Property Details

  • Beds: 8
  • Baths: 4.0
  • Sq Feet: 3818
  • Year Built: 1950
  • Location: Philpott Reservoir
  • Acres: 50.000
  • County: Franklin County
  • Community: Henry
  • Heat/AC: Heat Pump (Heating)
  • Siding: Aluminum Siding, Vinyl Siding
  • Roof: Composition, Metal
  • MLS #: 145466

Location

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Contact Information:

Contact Agent
Listing Agent: Spencer Hirshfeld, Sarver Properties, 276-229-8485, 276-647-7667 Listing Site, Listing Status: Active
Copyright © 2025 Martinsville, Henry, Patrick Counties 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 Home For Sale in Henry, Virginia
Ad Number : 7132071
Viewed: 13 times
Added: Dec 31, 2025
Updated on: Dec 31, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.