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$ 4,999,000
Est. payment /mo
Active
750 Penn Hall RD Union Hall, VA 24176
8 Baths
6,638 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,638 sqft
Price per Sqft $753
Municipality From Old Franklin Turnpike (Route 40), Turn Left on Kemp Ford Road, Right on Dillards Hill Road, Right on Penn Hall Road. Property is on the Right.
MLS Listing ID 925166
Year Built 1940
Lot Size 26.150 Acres
Property Sub-Type Investment
Property Description
Milan manor is a once in a generation opportunity offering a level of scale, privacy and lakefront that is virtually impossible to replicate at Smith Mountain Lake. Situated on 26.15 acreas of Contiguous private lakefront land with 658 feet of pristine shoreline. The property combines historic character, modern luxury, and complete seclusion in a in a setting designed for investors seeking huge scale and upside. Full 2025 Renovation done to historic mansion onsite. Owner has secured Special Use Permit allowing the property to operate as a resort. Blueprints, Proforma, Site and Engineering plans for Wedding Barn, Clubhouse, and 40 2 bedroom 2 bath villas. Permitted Dock partially completed with contractor guaranteed place in line for Summer 2026 Completion (see letter).
Location
State VA
County Franklin County
Zoning A1 See Remarks
Direction From Old Franklin Turnpike (Route 40), Turn Left on Kemp Ford Road, Right on Dillards Hill Road, Right on Penn Hall Road. Property is on the Right.
Interior
Heating Electric, Heat Pump
Exterior
Garage Spaces 40.0
View Lake, Mountain(s), Sunrise, Sunset
Topography Level
Listed by RE/MAX LAKEFRONT REALTY INC
Nearby Locations