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Looking for lakefront homes on Philpott Reservoir? Find waterfront real estate for sale here. Located in Franklin County, Virginia. Discover the best lake front listings - properties, land, and acreage to build your dream lake house, cottage or cabin on. Search for an agent who specializes in lake property to help you buy or sell a home.

Lakehouse.com has 20 lake properties for sale on Philpott Reservoir, as well as lakefront homes, lots, land and acreage in Bassett, Henry, Ferrum. Median home price: $304,307, lot price: $20,000. 

1029 Union Church Rd

5 4.0   Sf: 1656   Yr: 2001  Acres: 111.970

Welcome to your dream retreat! This exceptional property features 111.97 acres of pristine land, complete with a gently flowing stream, abundant wildlife and a nice ranch-style home. Perfect for...

49 Cedar Hill Drive

3 3.0   Sf: 2360   Yr: 1986  Acres: 28.470

Discover exceptional privacy on this expansive 28+ acre retreat, surrounded by abundant wildlife and centered around a rare 1980s energy efficient *Pocket* home. This innovative design features a six...

8655 Fairystone Park Highway

0 3.0   Yr: 1989  Acres: 1.566

Building consists of a large showroom & 4 Offices (appx 2343 sq .ft.); a 3 Bay garage on the right side (appx 1188 sq. ft); and a garage in the rear (appx 2046 sq. ft.). There are 8 Garage doors...

6973 Henry Rd

0 0.0   Yr: 1950 

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...

6973/69 Henry Rd

8 4.0   Sf: 3818   Yr: 1950  Acres: 50.000

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...

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54 Reserve Ln

4 3.0   Sf: 1862   Yr: 2005  Acres: 0.490

Discover the charm of mountain living with this beautiful log cabin located in the sought-after Fairystone Reserve in Stuart, Virginia. Perfectly blending rustic elegance with modern updates, this...

60 Reserve Trail

2 2.0   Sf: 1320   Yr: 2007  Acres: 0.340

Charming cabin retreat!!! Nestled among the trees, this inviting log home offers rustic charm and peaceful living with two primary suites, making it ideal for hosting guests or enjoying private space...

744 Knob Church Rd

3 2.0   Sf: 1420   Yr: 1960  Acres: 15.370

Lake lovers HERE YOU GO!! Home offers three bedroom, two baths with a full basement. Over 15 acres of land goes with this property. Home recently painted throughout. Heatpump for heating and cooling...

1594 Union Church Rd

2 2.0   Sf: 1310   Yr: 1992  Acres: 5.270

Come discover this rustic custom-built, secluded log cabin retreat near Fairystone Park--just 3 miles from Philpott Lake and enveloped by 4,700 acres of state land. Set on 5.27 acres, this private...

591 Wall Street

3 2.0   Sf: 1566   Yr: 1961  Acres: 5.150

Have you been looking to own a 3 bed, 2 bath brick ranch on 5 acres? This home is located only minutes from Philpott Marina! This home offers an open lay out with the den/living room and kitchen open...

305 Longview Dr

3 2.0   Sf: 1605   Yr: 1973  Acres: 0.620

This lovely home is only minutes from Philpott lake. Very nicely remodeled kitchen with a center island and beautiful granite counter tops. The open kitchen overlooks the sunny livingroom with a...

82 Saddleridge Rd

0 2.0   Yr: 1984  Acres: 4.491

We are excited to announce that the property formerly known as *Red & Mae's* is now for sale and presents a unique opportunity in the Bassett community. This listing offers a convenient location with...

390 Riverbrook RD

2 1.0   Sf: 856   Yr: 1954  Acres: 1.840

Welcome to your private riverfront retreat along the scenic Smith River in Franklin County, VA. This inviting single-family home blends country charm with an outdoor lifestyle, offering water...

390 Riverbrook Road

3 1.0   Sf: 856   Yr: 1954  Acres: 1.845

Welcome to your private riverfront retreat along the scenic Smith River in Franklin County, VA. This inviting single-family home blends country charm with an outdoor lifestyle, offering water...

113 Cedar Street

3 2.0   Sf: 1092   Yr: 2013  Acres: 0.260

Well maintained, newer home located in Bassett. Open floor plan. 3 Bedrooms and 2 full bathrooms, Laundry located in hall bath. Outbuilding with electricity, fenced back yard. Just a few miles to...

4043 HENRY RD

2 1.0   Sf: 1092   Yr: 1957  Acres: 0.750

This is a great opportunity to purchase property that needs TLC and build your equity! This home has 2 bedrooms, 1 bathroom, living room, den, kitchen. Nice floor plan! Buyers Agents, please place...

0 INDIAN SUMMER LN

Acres: 3.610

Access to the lot and lot istelf recently upgraded. Unique property located extremely close to Philpott Lake. Great views of the lake and private building site near deep water. Opportunity for...

0 Willie Craig Rd

Acres: 0.400

Wooded lot, perfect for a double wide manufactured home, and already zoned. Property is served by public water.

7180 Henry Rd

3 2.0   Sf: 920   Yr: 1995  Acres: 5.340

Country living with endless possibilities! Move-in ready 3-bedroom, 2-bath home on 5.34 private acres featuring open fields, woods, & a small stream, with over 400 ft of road frontage. Relax on the...

780 Otter Dr

Acres: 10.000

Escape to wide-open space & a number of possibilities with this 1,548 singlewide mobile home with additions, sitting on 10 rural acres in Franklin County. Whether you're looking for weekend getaway...

Philpott Reservoir Information

Philpott Reservoir, located in Franklin County, Virginia, is a significant body of water that was developed for flood control, water supply, hydroelectric power generation, and recreation. Here are some key details about Philpott Reservoir:

1. Location: Philpott Reservoir is situated in the southwestern part of Virginia and spans multiple counties, but it is primarily located in Franklin County.

2. Creation: The reservoir was created by the construction of the Philpott Dam on the Smith River. The dam was completed in 1968 by the U.S. Army Corps of Engineers.

3. Size: The reservoir covers approximately 3,000 acres and has a shoreline of around 100 miles.

4. Depth: The maximum depth of Philpott Reservoir is about 150 feet, which provides a range of habitats for various aquatic species.

5. Recreation: The area offers numerous recreational opportunities including fishing, boating, swimming, camping, hiking, and picnicking. It is popular for its bass fishing, particularly for the largemouth, smallmouth, and striped bass species.

6. Wildlife: The surrounding environment supports a variety of wildlife, making it a great location for birdwatching and wildlife observation.

7. Management: The U.S. Army Corps of Engineers manages the reservoir, and it is often used for educational programs and nature trails.

If you're planning to visit or seek specific activities at Philpott Reservoir, local guides or the U.S. Army Corps of Engineers' website may provide additional resources and current information about regulations, facilities, rental services, and events.