Escape to the peace and privacy of country living just minutes from beautiful Smith Mountain Lake! Situated on more than 6 picturesque acres, this unique Penhook property offers the perfect blend of a beautifully renovated home, income-producing potential, and space for hobbies, animals, or equipment. The completely renovated 1950 cottage features approximately 2,500 square feet of one-level living with 2 bedrooms and 2 full baths. Inside, you'll find warm hardwood floors, granite countertops, updated finishes, and a spacious, comfortable layout that combines classic charm with modern convenience. Hardwired for stereo and security. An oversized attached single-car garage includes an automotive lift, making it a dream setup for car enthusiasts, hobbyists, or anyone needing a premium workshop space. Zoned A-1, the property is fenced and ready for a variety of uses. Outdoor improvements include a small barn/shed, a separate storage building, a tractor shed for equipment, and a spring fed pond that creates a peaceful backdrop for relaxing evenings or weekend fishing. Adding exceptional value are two single-wide mobile homes currently generating rental income of $700 per month each, providing an excellent opportunity to offset expenses or expand your investment portfolio. Whether you're looking for a primary residence with supplemental income, a small homestead, or a versatile country retreat, this property offers possibilities that are hard to find. Enjoy the best of both worlds--quiet rural living with room to roam, yet just a short drive from Smith Mountain Lake, marinas, public boat launches, restaurants, shopping, and recreation. Bring your animals, your toys, your hobbies, and your vision--this one-of-a-kind property is ready to welcome you home.