MLS#925166
STATUSActive
PROPERTY TYPECommercial - 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).
Property Features
Property Type: Commercial - Investment
Basement: Yes
Cooling: Electric, Heat Pump
Heating: Electric, Heat Pump
Lot Size: 26.15 Acres
Roof Type: Shingle
Taxes: $9,150
Year Built: 1940
Feature Descriptions
Additional Features: Additional Buildings
Boat Dock: A-Roof, Floater, Stationary
Ceiling Height: 9
Commercial Type: Investment
Days on Site: 43
Exterior: Brick, Vinyl, Wood
Floor: Luxury Vinyl Plank, Tile, Wood
Lot: Level
Lot Dimensions: 26.15 acre(s)
Nearby Water: Smith Mountain Lake
Parking Spaces: 40.00
Sewer: Private Septic
Special View Info: Lake, Mountain(s), Sunrise, Sunset
Water: Private Water
Water Features: Cove, Point, Riprap Shoreline, Southern Exp to Wtr
Listed By / Shown By
Listed By
Agency Name: RE/MAX LAKEFRONT REALTY INC
Agency Phone: (540) 721-3555
Shown By
Agent Name: Maris O'Shaughnessy
Agent Phone: (352) 773-1616
Agency Title: MKB, REALTORS
Maris O'Shaughnessy
Cell: (352) 773-1616
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750 Penn Hall Rd | MLS# 925166
This commercial property located at 750 Penn Hall Rd, Union Hall, VA 24176 is currently listed for sale with an asking price of $4,999,000. Search Union Hall real estate on marisoshaughnessy.mkbrealtors.com today.