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502 Big Cove DR, Penhook, VA 24137 (MLS# 822988)

502 Big Cove DR
Penhook, VA 24137
MLS# 822988
3 beds  |  2 baths  |  2100 sqft

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Roadfront side of home Dock and wide water view Yard Road front side of lot Views Development Entrance

Property Description
Breathtaking nearly level waterfront lot with a fabulous wide water view! Doublewide with an addition features open great room, dining area, kitchen, laundry, enclosed sunroom. Full deck goes across the waterfront portion of the home. Two storage buildings on the lot, Floating and stationary walkway dock. Shared 4 Bedroom septic system with vacant lot 498 Big Cove. Unique ownership situation that you are purchasing a share within an LLC that is specific to this parcel of real estate. Home shows with 4 apparent Bedrooms, but per owner septic is a shared 4 BR meaning they have use to 2 Bedrooms of drainfield. Other 2 apparent rooms could be a den and a office. Owner financing on the share of stock... suggested terms 30K down, at 4% over 15 years, but flexible.

Contract Information
Current Price: 259900
List Price: 259900
General Property Description
Residential Type: Detached
Construction Status: Completed
Year Built: 2000
Style: Other - See Remarks
Total Bdrm: 3
Total Bths: 2
Total F Baths: 2
Entry Above Grd Fin SQFT: 2100
Total Fnshd SqFt: 2100
Total Above Grd Fin SQFT: 2100
Grand Total Attached SQFT: 2100
Basement Y/N: No
Basement: Crawl Space
Prim. Covered Prking: N/A
# Vehicle Spaces: 4
Add'l Covered Prkng: Not Applicable
Uncovered # Spaces: 4
Total Cov'd Prk Spc: 4
Lot Dimensions: see plat in documents
Total Acreage: 0.43
Water Class: Waterfront Property
Water ID: Smith Mtn Lake
Length of Waterfront: 135
Location, Legal & Taxes
Major Area: 04 - Franklin County
Area: 0490 - SML Franklin County
Street Number: 502
Street Name: Big Cove
Street Suffix: DR
State/Province: VA
Zip Code: 24137
Subdivision: Cottage Edge
Subdivision Map: Cottage Edge
Lot: 17
Municipality: Franklin County
Tax ID: 0510002500
Annual Taxes: 469
Zoning Code: a1
POA/Condo Assoc Y/N: Yes
POA/Condo Dues: 490.01
POA/Condo Terms A/M: Annual
Elementary School: Glade Hill
Middle School: Ben Franklin Middle
High School: Franklin County
Remarks & Misc
Directions: 40, L 660, L 660, L Big Cove to property on the right ( shared driveway).
Status Change Info
Status: Active
Master Bedrooms
Master BR Entry Lvl: 1
BR Entry Level: 3
Full Baths
Full Baths Entry Lvl: 2
Laundry Entry Level: 1
Water Details
Number Uncover Slips: 1
Property Features
Limited Service: Not Limited Service
Financing Options: Owner Financing Y
Lot Description: Gentle Slope; Views
Construction: Manufactured
Heating: Heat Pump Electric
Cooling: Heat Pump Electric
Manufactured ?: HUD Tag - DoubleWide
Interior Features: Breakfast Area; Cathedral Ceiling; Ceiling Fan; Walk-in-Closet
Exterior Features: Covered Porch; Deck; Storage Shed
Views: Lake; Sunrise
Appliances: Dishwasher; Microwave Oven (Built In); Wall Oven; Refrigerator
Misc Features: Maint-Free Exterior; Private Road
Floors: Carpet; Vinyl
Windows: Insulated
Exterior Doors: Insulated
Porch: Front Porch
Water Description: Shared Well
Sewer Description: Shared Septic
Water Heater Type: Tank
Water Htr Energy: Electric
Boat Dock Desc: Floater; Stationary; Storage/Util Bldg
Water Features: Point; Riprap Shoreline
Room Information
Room Name Room Level
Master Bedroom 1Entry
Bedroom 2Entry
Bedroom 3Entry
Bedroom 4Entry
Breakfast AreaEntry
Dining AreaEntry
Great RoomEntry
Recreation RoomEntry


Last Updated: October - 04 - 2017

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Wednesday 18th of October 2017 01:52 AM