RARE WATERFRONT OPPORTUNITY! Beautifully updated cottage on a premium, level lot in a highly desirable location near Smith Mountain and the Dam. Sold Turn-Key! Situated on a partial point with some of the best water and views at Smith Mountain Lake, along with beautiful sunset views, this property has water at the dock and dockable boat slips even with the lake's current extremely low level. The grand two-slip dock is a standout feature, with a floater, dock house, plenty of open and shaded stationary areas, and an overhead party deck offering exceptional lake views. The party deck was updated with new decking and Trex railing in 2022, and the entire dock was painted in 2025. The level waterfront yard also features a firepit and sandy beach/walk-in water area. It is an incredible setting for entertaining, enjoying the lake, and simply soaking in the views. The cottage is easily accessible from the level lot and has been extensively updated, including a complete kitchen remodel in 2026 with new flooring, backsplash, island, and appliances, new LVP flooring throughout most of the home, and an updated full bathroom with a walk-in shower. A spacious deck overlooks the level backyard and lake, providing another great spot to relax and enjoy the views. The home offers 3 bedrooms, 1 full bathroom, and 1 half bathroom. Other major improvements include a new roof in 2026 and a new HVAC system in 2025. A large storage shed near the water provides plenty of room for lake toys, tools, and outdoor equipment. Sold Turn-Key and ready to enjoy from day one!
Single-familyProperty Type
1970Year Built
0.46 acresLot Size
$786Price/Sq.Ft.
Listed by WIL CHILDRESS• LAKE RETREAT PROPERTIES INC.
You'll fall in love with this adorable lake cottage! Completely level lot with stunning 180 degree views across miles of water. Large double slip dock w party deck (AEP documentation will transfer) Sandy beach. Sunsets to die for! Ideal for those searching for ''THE LOT'' to build on down the road but be able to enjoy now. Charming ''just right'' feel, not too big to be a burden. Enjoy a relaxed, no fuss lakefront lifestyle. .. flip flops and wine not included. New rip rap 2013, heat pump 2015, roof 2000, well 1998. Direct TV, No POA fees. Call for more details.
Public Records
Oct 23, 1998
Sold
$225,000
$154/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,230
$312,000 + $206,600
$518,600
2024
$2,230 (−13.0%)
$312,000 + $206,600
$518,600
2023
$2,564
$263,000 + $157,300
$420,300
2022
$2,564
$263,000 + $157,300
$420,300
2021
$2,564
$263,000 + $157,300
$420,300
2020
$2,564 (−8.2%)
$263,000 + $157,300
$420,300
2019
$2,793
$305,000 + $152,800
$457,800
2018
$2,793 (+10.9%)
$305,000 + $152,800
$457,800
2017
$2,518
$305,000 + $152,800
$457,800
2016
$2,517 (−1.0%)
$305,000 + $152,800
$457,800
2014
$2,542
$305,000 + $157,300
$462,300
Public record
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
1986
Finished Sq. Ft.
1,464
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,464
Year built
1970
Style
Single Family Residential
County
Franklin County
APN
050/01/005/00////
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
3/10 Wind Factor
5% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Penhook, VA • 24137
Average low and high temperatures (°F)
43
27
49
33
66
43
74
52
75
56
86
66
88
71
80
65
79
61
70
51
61
43
48
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.8 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 289 Anthony Ford Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $750,000 and $1,700,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $750K to $1.7M.