A truly rare offering on Smith Mountain Lake--this exceptional 5-acre waterfront estate parcel in the prestigious Shores at Penn Hall community represents one of the last opportunities to secure a large, build ready, private homesite of this caliber. Boasting approximately 217 feet of shoreline, the owner has already secured permits for a large private dock and shoreline stabilization (Rip-Rap). 800Amp Underground electrical installed, soils completed and drainfield identified. The land itself offers a gently topography, ideal for a luxury custom home with expansive lake and mountain views, with ample room to create a true estate setting. The combination of acreage and waterfront is becoming exceedingly difficult to find at Smith Mountain Lake--making this property especially compelling for buyers seeking privacy without sacrificing access to the water. No HOA, Zoned A-1 (short-term rentable with Special Use Permit From Franklin County. Seller is Owner Agent Licensed in Virginia. Simply amazing!