What is Waverly at Smith Mountain Lake?
Waverly is one of the more exclusive communities at Smith Mountain Lake, set on roughly 130 acres of shoreline among native hardwoods with about 100 homes, most of them single family. Homes are custom built and many have private boat docks. Owners share a private 26-slip marina, a clubhouse with a pool, tennis courts, and walking trails that lead to a three-acre community park.
Positioned on the shoreline among native hardwoods emphasizing gracious living. Features custom-built luxury homes with sleek granite counters, warm hardwood floors, modern stone fireplaces, and private boat docks.
Updated September 2026
Amenities & Features
Housing Options
Private 26-slip marina with active HOA governance
Key Details
- Acreage
- About 130 acres
- Units / Lots
- About 100 homes
- Housing Types
- Custom-Built Luxury Homes, Most with Private Boat Docks
- Location
- Smith Mountain Lake, Virginia
Waverly FAQs
How many homes are in Waverly?
Waverly has about 100 homes on roughly 130 acres, and the majority are single family. That is a low density for the acreage, which is what preserves the native hardwoods the community was laid out around. Ask for the current count of homes and remaining lots, since a community this size changes slowly but does change.
Does Waverly have a marina?
Yes. Waverly has a private 26-slip marina for owners and their guests, and most homes in the community also have private boat docks. Sources differ slightly on the exact slip count, so if a slip is part of why you are buying, confirm both the number and how slips are assigned before you commit.
What amenities do Waverly owners share?
Owners share a private clubhouse with a swimming pool, tennis courts, and walking trails that run through the neighborhood and lead to a three-acre community park, in addition to the marina. Ask for the current association documents to see what the dues cover.
What are the homes at Waverly like?
Homes are custom built rather than production built, positioned on the shoreline among native hardwoods, and typically feature granite counters, hardwood floors and stone fireplaces, with private boat docks on most. Because each is custom, condition and finish vary widely, so judge the specific house rather than the community description.
Interested in Waverly?
Our team has helped hundreds of buyers find their perfect home at Smith Mountain Lake. Let us guide you through Waverly and find the right fit.