What is The Water's Edge at Smith Mountain Lake?
The Water's Edge is an ultra-exclusive community on the south side of Smith Mountain Lake in Penhook, Virginia, spanning 712+ acres and 5 miles of shoreline. It is one of the few SML communities to pair an 18-hole PGA championship golf course with a full equestrian center offering boarding and lessons.
The Water's Edge sits on the south side of Smith Mountain Lake in Penhook, Virginia, spanning more than 712 acres with five miles of shoreline. Undulating hills carry the homes above the water, and the community is built around an 18-hole PGA championship golf course. It is one of the few communities on this lake with an equestrian center offering boarding and lessons, which is what sets it apart from the other golf communities here. Owners also have a clubhouse, a fitness center, an Olympic-sized pool and tennis courts.
Updated July 2026
Amenities & Features
Housing Options
Equestrian center plus 18-hole PGA Championship golf on 712+ acres
Key Details
- Acreage
- 712+ acres
- Shoreline
- 5 miles
- Housing Types
- Expansive Estates, Condos & Townhomes, Golf Course Homes, Waterfront Homes
- Location
- Smith Mountain Lake, Virginia
The Water's Edge FAQs
Where is The Water's Edge located?
The Water's Edge sits on the south side of Smith Mountain Lake in Penhook, Virginia, across 712+ acres with 5 miles of shoreline of undulating hills topped with luxury homes.
Does The Water's Edge have an equestrian center?
Yes, with boarding and lessons, and it is one of the few at Smith Mountain Lake, which is what separates this community from the other golf communities here. If you are bringing horses, confirm current boarding availability and cost directly, since capacity at a community barn is finite and is not something a listing will tell you.
What amenities does The Water's Edge offer?
The Water's Edge offers an 18-hole PGA championship golf course, an equestrian center with boarding and lessons, a sophisticated clubhouse, a fitness center, an Olympic-sized pool, and tennis courts. Homes range from waterfront and golf-course houses to condos, townhomes, and expansive estates.
What is the golf course at The Water's Edge?
The community is built around an 18-hole PGA championship course, supported by a clubhouse, a fitness center, an Olympic-sized pool and tennis courts. Because the course is the organizing feature of the site, position relative to it affects both the view and the traffic past a given home, so ask which holes a property backs onto.
Interested in The Water's Edge?
Our team has helped hundreds of buyers find their perfect home at Smith Mountain Lake. Let us guide you through The Water's Edge and find the right fit.