Franklin County, Virginia Land For Sale (96 results)

Whether you like Republicans or not, this is a sweet piece of land. With more than 13 acres it fronts the paved state road in Franklin County not far from Ferrum. It's zoned agricultural, so you can build a house, put up a deer stand, set up a tiny house, or just about anything you want. The land is wooded and gently rolling with beautiful tall trees. It even has a little wet-weather stream! Need more than 13 acres? No problem, I have a couple of tracts here adjoining it. I can also take back a note with owner financing if you like. Real estate agents and Democrats are welcome! Property is surveyed and soils work is done.

Location Location Location! How is it possible to get premium lakefront property for such low prices? What's the catch? Lakefront Real Estate is becoming harder and harder to come by across the Southeast. Over the years, Smith Mountain Lake has proven especially hard to acquire quality lake parcels at affordable prices for second homes, rental homes, and retirement homes for the Virginia elite. Regardless of difficult development regulations, when our team found this lakefront tract they immediately knew this was something we had to take the time to develop to a first-class standard and offer to our customers. As a leading waterfront land developer in the U.S. we are able to use our bulk purchasing power to obtain premium waterfront tracts at deep discounts and we've been passing along these savings to our clients all over the country since 2011. Our selection will include offers like: -15 acre dockable waterfront tracts from only $299,900! The last opportunity to take advantage of these lakefront tracts is to call now! *Properties are shown by appointment only. Two estate purchase limit per appointment. Call to schedule your Exclusive Showing! (540) 616-3060 Ext 3908

This wooded homesite is located just off Rt 40 in the charming community of Penhook, Virginia. We have 11 lots left here, totaling over 50 acres, so if you need more space, you can buy more than one! They all front the paved state road and soils work is done. Survey is complete and all it needs is you. Located just minutes from the recreational gem that is Smith Mountain Lake, you’ll enjoy quick access to: Palmers Marina – 5 minutes Lazy Cove Campground – 5 minutes Arrowhead Campground – 10-minutes Whether you’re dreaming of a family getaway, a private retreat, or simply investing in a great piece of land, this could be the spot for you! It's zoned agricultural with no building restrictions, so you could build a home, set a doublewide, put up a hunting cabin, or just come out and enjoy the solitude. Owner financing available, making it easier than ever to turn your dream into a reality. Easy 10-year terms with low down payment, no closing costs, no credit check. Call today for more information or to set up a showing! Agents welcomed.

60 +/- Acres with appx20 acres of fenced & cross fenced fields. The remainder consists of a mix of mature poplar, oak, maple, hickory, beech, walnut, and pine timber valued at up to $100K. The property is divided by the wide, bold Snow Creek. One-acre pond. Mountain views abound with Turkey Cock Mountain Wildlife Management to the East and Chestnut Mountain to West. With a 12ftX24ft lean-to in place suitable for horses and livestock, or can be used as an equipment shed. There are opportunities for hunting deer, turkey, and even bear with ATV trails and hunting stands throughout. This beautiful piece of land has a lot to offer: With over 500 feet of road frontage, it can be subdivided or you can build your own dream home. A cozy 36ftX36ft Barndominium provides comfortable living with an open floor plan, vaulted ceilings with ceiling fans, a central fireplace and a functional antique wood cook stove and full bath with steam shower, fully equipped kitchen and hardwood floors throughout. French doors open to a 12ftX36ft deck. 2X6 exterior wall construction keeps utility costs low. The 500gal propane tank is owned, not leased, providing the ability to purchase propane at a discounted rate. There is an outdoor wood burning pizza oven. A 12ftX24ft garden shed with power has an 8ft roll-up door which makes for a great workshop or extra storage. Smith Mountain Lake and the Penhook Boat Launch #9 is within 25 min drive. Read more in attachments. Owner is licensed REALTOR/Broker in VA.

Own an iconic piece of Smith Mountain Lake real estate at The Coves. Offering unparalleled views and seclusion, Cliffs Tract C is an extraordinary five-acre waterfront property ideally suited for a private estate, luxury retreat, or legacy family compound. This rare offering captures panoramic water vistas framed by the majestic Blue Ridge Mountains, featuring what may be the most expansive and sought-after view currently available. For those seeking an even more remarkable opportunity, the adjoining five-acre Tract B is also available, creating the potential for an unrivaled ten-acre waterfront estate. Buyers may also choose to place a cabin similar to the existing residence on Tract A, ideal for enjoying the property while building, and later serving as a charming guest cottage.

If you're looking for a place close to Smith Mountain Lake to build your dream home then look no further! This one acre lot sits in a beautiful part of Franklin County with paved roads and a secluded country feel! This is a corner lot so you'll have road frontage on Summerfield Road and Juniper Road, both of which will lead you to the lake! The lot is mostly wooded and gently slopes as you walk away from the road. Soil work has already been done for this lot and a three bedroom septic has already been filed with the county! Bring your home plans and start building! Call today for more information and to schedule a tour of this property.

This wooded homesite is located just off Rt 40 in the charming community of Penhook, Virginia. We have 11 lots left here, totaling over 50 acres, so if you need more space, you can buy more than one! They all front the paved state road and soils work is done. Survey is complete and all it needs is you. Located just minutes from the recreational gem that is Smith Mountain Lake, you’ll enjoy quick access to: Palmers Marina – 5 minutes Lazy Cove Campground – 5 minutes Arrowhead Campground – 10-minutes Whether you’re dreaming of a family getaway, a private retreat, or simply investing in a great piece of land, this could be the spot for you! It's zoned agricultural with no building restrictions, so you could build a home, set a doublewide, put up a hunting cabin, or just come out and enjoy the solitude. Owner financing available, making it easier than ever to turn your dream into a reality. Easy 10-year terms with low down payment, no closing costs, no credit check. Call today for more information or to set up a showing! Agents welcomed.

Prime Commercial Development Opportunity Westlake Corner | Smith Mountain LakePerfectly positioned in the heart of Westlake Corner, this exceptional commercial tract offers one of the most desirable development opportunities in the Smith Mountain Lake area. Located within the Westlake Overlay District and part of the Westlake/ Hales Ford Village Plan, this property is situated squarely in the designated growth area and benefits from both public water and sewer access at the front of the property.Zoned B-2 (General Business), this land features over a half mile of prime frontage along Route 122 (Booker T. Washington Highway)the areas most heavily traveled corridor with an average daily traffic count of 16,664 vehicles. The excellent lay of the land and expansive road frontage make this tract ideal for a wide range of commercial uses.As the closest remaining undeveloped tract along the Westlake Corner commercial strip, this property represents a rare opportunity to develop within the most rapidly expanding area at Smith Mountain Lake. The Western Virginia Water Authority is in the process of implementing a new sewer lift station at the rear of the property, which will serve the north side of Route 122 and further enhance the development potential in the coming months.Subdivision is possible, offering flexibility for phased or multi-use development.

Looking for land? This perfect two-acre wooded parcel is ready for you to build on. It is located at the intersection of Shooting Creek Road and Rt 40, both state-maintained roads, not far from Ferrum VA. It lays well, survey is complete, soils work is done for a conventional 3-bedroom gravity septic system, and there's even easy owner financing available if you have 10% down payment! No credit check or hassle, pay it off anytime. Agents welcome! Come check it out today and get started on your home, hunting cabin, or doublewide to be built. Call for a tour!

Here is your opportunity to own a premier building site on Smith Mountain Lake. This approximately 5 acre building lot on top of the cliffs at the lake is being offered for sale with one of the best views on the lake. Sitting high above the lake gives the buyer an eagles eyes view of the action down below. This gated community is an oasis with a view, the amenities offered include a community dock and amphitheater/event venue with national bands; several weekends a year. This is a once in a lifetime opportunity to build you dream home on the perfect site.

Looking for some room? Ready to build on with soils work and survey done. Owner can finance with easy 10-year terms and no credit check. Better not wait, this one won’t last! Agents are welcome. Snowden Lane – Lot 11 – Franklin County

This wooded homesite is located just off Rt 40 in the charming community of Penhook, Virginia. We have 11 lots left here, totaling over 50 acres, so if you need more space, you can buy more than one! They all front the paved state road and soils work is done. Survey is complete and all it needs is you. Located just minutes from the recreational gem that is Smith Mountain Lake, you’ll enjoy quick access to: Palmers Marina – 5 minutes Lazy Cove Campground – 5 minutes Arrowhead Campground – 10-minutes Whether you’re dreaming of a family getaway, a private retreat, or simply investing in a great piece of land, this could be the spot for you! It's zoned agricultural with no building restrictions, so you could build a home, set a doublewide, put up a hunting cabin, or just come out and enjoy the solitude. Owner financing available, making it easier than ever to turn your dream into a reality. Easy 10-year terms with low down payment, no closing costs, no credit check. Call today for more information or to set up a showing! Agents welcomed.

This one-of-a-kind 1854 estate, known as the “Early Inn at the Grove,” sits on nearly 10 private acres in the center of Rocky Mount, VA. Blending historical charm with modern amenities, it offers endless potential for those looking to live, invest, or operate a business in a truly unique setting. The main residence features a gourmet commercial kitchen, formal dining room, large foyer, parlor, breezeway bar, and library. Each spacious bedroom comes with a private bath, providing comfort and privacy for owners and guests alike. It’s ideal for a boutique inn, upscale retreat, private residence, or mixed-use venture. Additional structures include several outbuildings, a generous patio, and a 54x100-foot pavilion—ideal for events, weddings, music, or community functions. The property’s location is a standout feature: within walking distance to the Harvester Performance Center, farmer’s market, restaurants, and more. Its nearly 10-acre footprint offers privacy with in-town convenience, making it a rare opportunity for commercial or residential buyers alike. Whether you're an entrepreneur, event coordinator, investor, or visionary homeowner, this historic inn in Rocky Mount is a blank canvas for your next chapter. Call Angie McGhee at 540-537-5918 today to schedule your private tour!

This 64.5± acre tract on the Pigg River in Franklin County, Virginia offers a strong combination of long private river frontage, usable ground, and quality wildlife habitat in the foothills of the Blue Ridge Mountains. With nearly ¾ mile of frontage along the Pigg River, the property provides a diverse stretch of water including shallow runs, deeper pools, and slower sections that support both fishing and consistent wildlife movement. The river, combined with neighboring farmland and timber tracts, creates a natural corridor that draws and holds game. The land features a balanced mix of ~8 acres of open bottom fields, mast-producing hardwoods, and thick bedding cover, with terrain that rises gradually into southern-facing hillsides. Oaks, hickory, and beech provide reliable food sources, while the cover and layout offer excellent opportunities for stand placement and overall huntability. Deer, turkey, bear, beaver, and small game are all present throughout the property. Several areas throughout the tract offer potential for a cabin, recreational setup, or homesite, with enough space and layout to support food plots, shooting areas, and continued land management. Located less than 20 minutes from Rocky Mount, the property offers a rare balance of privacy and convenience, making it well suited for a hunting property, river retreat, or long-term land investment.

Prime Commercial Lot in Rocky Mount. Exceptional Location. The lot is perfectly situated at the prime intersection of Rt 40 & 220 on Tanyard Road, offering unparalleled exposure in Rocky Mount. It encompasses .721 acres, an ideal size for a variety of commercial developments. Recognized as the best visible commercial lot in Rocky Mount, it benefits from an exceptionally high traffic count, clear visibility without obstructions, & easy accessibility. Property is zoned M2 (General Industrial District), allowing for a wide range of commercial & industrial uses. It boasts proximity to target demographics & is just minutes away from major anchor businesses & community hubs, including Walmart, Lowe's, High School, McDonald's, & more. Public Water. Sewer available. 2 Entrances! New Survey Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Discover 19.18 acres of mostly wooded land, offering a perfect balance of privacy and convenience near town and all amenities. This expansive property is an ideal spot to build a dream home, providing seclusion and a serene natural setting. The potential building site offers excellent privacy, ensuring a peaceful retreat from the hustle and bustle of daily life. While a well and septic need to be installed, the effort will be worth it for the tranquility provided. The property comes with a few restrictions to maintain its exclusivity: no subdividing and only one residential dwelling is allowed, ensuring that the private sanctuary remains undisturbed. Access to the acreage is conveniently located between house #876 and #924, clearly marked for easy identification. This property presents a rare opportunity to create a private haven that's still close to all the amenities needed. Don't miss the chance to own a piece of paradise near town!

Rare find with water views from every direction on this level, water access lot at Smith Mountain Lake. Located in the beautiful community of The Water's Edge Golf Course and Country club with an active membership.

: Excellent location waterfront acreage on Smith Mountain Lake with the ideal ''point lot within a wide cove, just off the main channel''. Three tracts totaling 10+ acres with over 900 feet of lake frontage classified by the AEP Shoreline Management as High Density Residential. Tremendous opportunity for your private waterfront estate or family compound. Just minutes to everything you need and want both by boat and car. Minutes to Westlake Towne Center and Halesford Bridge. Currently zoned R1 by Franklin County. Home located on property is currently rented and selling as-is.

Great wooded building lot in The Waters Edge CC community. Located on a quiet cul-de-sac with a short walk to the country club. The club is now a part of McConnell Golf family of clubs (15). Amenities include Golf (the course is in incredible shape), Tennis (club has a tennis pro that pairs player up on Mon/Wed/Fri), Pickleball, Pool, Fitness Room, Banquet Facilities, Dining and Equestrian Center. Your quality of life here is incredible. A great deal and a must see!

This beautiful waterfront lot on Smith Mountain Lake has it all! Almost 2 acres, view of Smith Mountain, adjoining 4 acres of open space, two locations for drainfields that will accommodate a seven bedroom house, part open and part wooded, and located in the prestigious Water's Edge Golf Course & Country Club community with an active membership.

Approximately 3/4 acre flat lot in The Waters Edge Country Club Community. Great location with just a short walk to club, restaurant, golf, pool, tennis and equestrian center. Active club membership.

Enjoy over 300 feet of waterfront on Smith Mountain Lake in this charming, rural-feel neighborhood near the 4-H Center. This just-over-2-acre lot offers the perfect setting to build your dream lake getaway or peaceful retirement home. With generous frontage, the property allows for a larger dock, ideal for boating, relaxing, and taking in scenic lake views. Plenty of space to create your private retreat while still being part of a welcoming community. Don't miss this rare opportunity for expansive waterfront living! One of the very last waterfront lots remaining at Three Quarter Point. Don't miss it!

Beautiful wooded lot with water access to Smith Mountain Lake. Located in one of the most desirable neighborhoods, The Water's Edge Golf Course and Country Club with an active membership. Sellers have the plans for a Lindal Cedar home that would complement the property nicely!

Beautiful partially wooded golf course lot with views of the 16th green and fairway. Also views of mountains including Smith Mountain. Convenient location with a short walk to the clubhouse (pool, tennis, fitness center, restaurant).

Wooded waterfront lot on Smith Mountain Lake. Located in the beautiful and prestigious community of The Water's Edge Golf Course and Country Club. Build your dream home in this quiet cove and enjoy all the amenities of the neighborhood. AEP approved dock permit attached under documents. Active club membership.