About 368 Penninsula Point
A Rare Waterfront Opportunity and Assumable 2.25% Loan! *** Welcome to your dream retreat on the tranquil shores of Leesville Lake, one of Virginia’s best-kept secrets. Perfectly situated just 3.5 hours from the Washington, DC Metro area, 2.5 hours from Richmond, and only 1.5 hours from Greensboro, this exceptional lakefront residence offers the ideal balance of luxury, seclusion, and accessibility for year-round living or weekend escapes. *** Savor the peace and natural beauty of Leesville Lake—a less crowded, cleaner alternative to Smith Mountain Lake. With opportunities for boating, kayaking, windsurfing, and more, this hidden gem offers upscale lake living at its finest. Located just a short drive from restaurants and shopping, it’s a serene sanctuary without sacrificing convenience. PRO TIP: Ask about the speed boat available for purchase with the home! *** Designed to embrace panoramic water views, this beautifully appointed three-level home features soaring ceilings and expansive windows that flood the interior with natural light. The open-concept main level includes a spacious great room with a cozy propane fireplace, a large screened-in porch for effortless outdoor dining, and an entertainer’s terrace—all with sweeping vistas of the lake. *** The kitchen is a culinary haven, complete with updated appliances, generous cabinetry, and a breakfast peninsula ideal for casual meals. A formal dining area provides a sophisticated setting for hosting guests. *** Upstairs, three spacious bedrooms each offer private access to a catwalk-style balcony overlooking the lake. The luxurious primary suite features dual walk-in closets and a spa-inspired ensuite with double vanities, soaking tub, and a glass-enclosed shower. A Jack-and-Jill bathroom connects the secondary bedrooms, providing comfort and privacy for family or guests. *** The finished lower level features a second family room (currently used as a fourth bedroom), a private home office, and a large laundry room that doubles as a second kitchen—with a full sink, cabinetry, and second dishwasher—making it perfect for long-term guests or entertaining on the lower patio. *** The beautifully landscaped backyard includes a tranquil rose garden and a newly added stone patio—ideal for morning coffee or evening gatherings. A gentle path leads to the covered dock situated in a peaceful no-wake cove, perfect for paddle boarding, swimming, or relaxing by the water. Floatplanes are welcome. *** Extensive recent improvements elevate both the functionality and value of this exceptional property. •
Features of 368 Penninsula Point
| MLS® # | VACP2000092 |
|---|---|
| Price | $819,000 |
| Bedrooms | 4 |
| Bathrooms | 3.50 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 4,361 |
| Acres | 0.84 |
| Year Built | 2008 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Traditional |
| Status | Active Under Contract |
Community Information
| Address | 368 Penninsula Point |
|---|---|
| Subdivision | RUNAWAY BAY |
| City | LYNCH STATION |
| County | CAMPBELL-VA |
| State | VA |
| Zip Code | 24571 |
Amenities
| Amenities | Bathroom - Jetted Tub, Soaking Tub, Bathroom - Walk-In Shower, Carpet, CeilngFan(s), Master Bath(s), Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Water Treat System, Shades/Blinds, Wine Storage, Wood Floors |
|---|---|
| # of Garages | 1 |
| Garages | Garage - Front Entry, Garage Door Opener, Inside Access |
| View | Garden/Lawn, Lake, Panoramic, Scenic Vista, Trees/Woods, Water |
| Is Waterfront | Yes |
| Waterfront | Lake |
Interior
| Interior Features | Floor Plan-Open |
|---|---|
| Appliances | Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Extra Refrg/Frz, Icemaker, Oven-Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater |
| Heating | Central |
| Cooling | Ceiling Fan(s), Central A/C |
| Has Basement | Yes |
| Basement | Combination, Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Outside Entrance, Rear Entrance, Walkout Level, Windows, Other |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Gas/Propane, Mantel(s), Insert, Other |
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Exterior | Combination, HardiPlank, Stone |
|---|---|
| Exterior Features | Boat Storage, Chimney Cap(s), Extensive Hardscape, Exterior Lighting, Other, Balconies-Multiple, Deck(s), Porch-enclosed, Patio, Porch(es), Roof Deck, Porch-screened, Terrace, Porch-wraparound, Fenced-Partially, Fenced-Rear, Wrought Iron |
| Lot Description | Backs to Trees, Cul-de-sac, Fishing Available, Front Yard, Hunting Available, Landscaping, No thru street, Partly Wooded, Lot Premium, Rear Yard, Sloping, Trees/Wooded, Year Round Access, Other, Private |
| Windows | Double Pane, Insulated, Screens, Double Hung |
| Roof | Architectural Shingle |
| Foundation | Concrete Perimeter, Other |
School Information
| District | CAMPBELL COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | ALTAVISTA |
| Middle | ALTAVISTA COMBINED SCHOOL |
| High | ALTAVISTA COMBINED SCHOOL |
Additional Information
| Date Listed | July 10th, 2025 |
|---|---|
| Days on Market | 91 |
| Zoning | RES |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Long & Foster Real Estate, Inc. |
|---|