Search The Waterfront Homes for Sale

The Waterfront Homes for Sale

The Waterfront is one of the largest and most active communities at Smith Mountain Lake, combining lake living with golf. It is home to The Waterfront Country Club, a private 18-hole course designed by George Dillon that opened in 1981, and it offers everything from condos and townhomes to single-family homes, new construction and building lots.

The Waterfront Market Snapshot

As of November 2026, there are about 9 properties for sale in The Waterfront: homes, condos and townhomes from roughly $545,000 to about $1.05 million, plus a few building lots starting around $60,000. Several new homes built in 2026 are on the market.

The Waterfront is the busiest community in Moneta. In the past two years, about 55 properties have sold here, more than in any other Moneta community, with an average asking price close to $590,000. Homes average about three bedrooms and 2,250 square feet. Figures come from live MLS data, change daily and are rounded.

What's Here

  • Single-family homes along streets like Anchor Drive, Peninsula Drive and Starboard Lane, ranging from 1970s and 1980s lake houses to brand-new construction.
  • Condos along South Pointe Shore Drive, a lower-maintenance way into the community.
  • Townhomes and building lots for buyers who want to build their own place.

Buying in The Waterfront

  • Not every home is on the water. Ask which ones have direct frontage and a permitted dock, and check depth at the dock. See our waterfront buyer checklist.
  • Country club membership is separate from home ownership. Ask the club about membership options and costs.
  • Review the HOA rules and fees for the section you are buying in.

Selling in The Waterfront

With more sales than anywhere else in Moneta, there is plenty of data to price your home precisely. Get a free home valuation or contact The Lee Team at (540) 529-4294.

Back to Moneta lake homes. Nearby: Fairway Bay, Bernard's Landing, Stripers Landing.

The Waterfront Homes, Condos and Lots for Sale

454 Anchor Dr Unit # 5-B, Moneta
$1,049,000
3 Beds ⋅ 4 Baths ⋅ 933007 MLS
Rare opportunity to own a beautifully renovated waterfront townhome with a private dock in a protected deep-water cove. Enjoy spectacular sunset views, wide channel scenery, and the perfect balance of easy lake access and protection from boat traffic. Offering a true turnkey experience, this maintenance-free home is ready for immediate enjoyment. The thoughtfully redesigned main level features a spacious open-concept layout created by removing a fireplace and wall to expand the kitchen and gathering areas. Premium finishes include GE Monogram appliances, custom cabinetry and backsplash, a panel-front refrigerator, pot filler, wine/beverage refrigerator, oversized island with seating for five and updated lighting and fixtures throughout. Renovated baths showcase quality craftsmanship, including a floating vanity in the main-level powder room. The primary suite offers custom built-ins the walk-in closet. For added convenience, laundry facilities are located on both the upper and lower levels. Designed for entertaining and accommodating guests, the lower level features heated tile floors, a wet bar, ice maker, wine/beverage refrigerator, Murphy bed, and access to the screened porch with tile flooring. Double car garage with loft storage. Numerous additional upgrades and custom appointments are found throughout the home. Ideally located within walking distance of the clubhouse, residents enjoy convenient access to golf, tennis, pickleball, fitness facilities, and dining. Boat and jetski available for a separate Bill of Sale.

454 Anchor Dr Unit # 5-B, Moneta
138 Binnacle Dr, Moneta
$999,999
4 Beds ⋅ 5 Baths ⋅ 922361 MLS
Looking for a home for you and your parents???? MULTI GENERATIONAL HOME Nestled among mature hardwoods and surrounded by nature, this stunning custom-built home offers the perfect blend of comfort, elegance, and tranquility. With over 5,300 sq ft of living space, this property provides an inviting retreat just minutes from town. Open concept living area with vaulted ceilings, stone fireplace, and deck access for effortless entertaining. Kitchen featuring a large island, breakfast nook, and adjoining family room. Luxurious primary suite with a dressing room, spa-style bath, walk-in shower, and soaking tub. Formal dining room, home office, and convenient powder room. Spacious three-car garage with easy entry into the home. Expansive deck and covered patio

138 Binnacle Dr, Moneta
1263 Windlass Rd, Moneta
$799,900
4 Beds ⋅ 4 Baths ⋅ 930558 MLS
Welcome to this beautiful new construction home in The Waterfront Subdivision, offering 4 Bedrooms, 4 Bathrooms, and plenty of space for everyday living and entertaining. This floor plan features Main Level Living, Cathedral Ceilings, a large Bonus Room, and a 2-car garage. Enjoy being minutes from Westlake, with shopping, restaurants, marinas, and easy access to all that Smith Mountain Lake has to offer. A wonderful opportunity to enjoy a brand-new home in a highly convenient lake-area location! Estimated Completion Date: 10/31/26

1263 Windlass Rd, Moneta
421 Anchor Dr, Moneta
$685,000
3 Beds ⋅ 4 Baths ⋅ 932823 MLS
Welcome to this architecturally distinctive home offering flexible living space across multiple levels on a beautifully landscaped 1.07-acre property overlooking the 6th fairway of the prestigious Waterfront Country Club! Lovingly maintained by its second owner, this home features 3 bedrooms, a bonus room, 3 full baths (one fully remodeled) and one half-bath together with an attached 3-car garage. The inviting open-concept kitchen offers granite countertops, quality appliances, a gas cooktop, dishwasher, oven, and Fisher & Paykel refrigerator. Hardwood floors grace the main level, while carpeting adds warmth to the bedrooms and family room. Custom blinds, Plantation Shutters, 3 heat pumps (one new in 2026), and two 50-gallon water heaters provide comfort throughout. Freshly painted exterior (2024), Trex deck, and a covered patio leading out to the partially fenced yard, offers glimpses of Smith Mountain Lake. An outstanding highlight: The adjoining half-acre parcel is INCLUDED in the sale! Enjoy added privacy or explore its potential for future building or investment. Optional memberships are available at WFCC and amenities include championship golf, restaurant, pool and tennis/pickleball courts. Leasing of community boat slips are also possible; water access ramp is a short ¼ mile walk from the house. This is an exceptional opportunity to enjoy space, comfort, and country club living in one of Smith Mountain Lake's most sought-after communities! All information to be independently verified by buyer and buyer's agent.

421 Anchor Dr, Moneta
42 Peaks View Dr, Moneta
$649,999
4 Beds ⋅ 3 Baths ⋅ 931457 MLS
PREMIUM GOLF COURSE HOME DIRECTLY ON THE GOLF COURSE WITH BREATHTAKING GOLF COURSE VIEWS OVERLOOKING FAIRWAY #9! Welcome to 42 Peaks View Dr, a spectacular single-level-living potential home situated in the highly coveted golf community of The Waterfront. This 4-bedroom, 3-bath property offers unbeatable fairway views paired with stunning mountain views and beautiful Smith Mountain Lake sunsets right from your fenced backyard, patio, or screened porch. The bright, open main-level floor plan seamlessly connects the kitchen, breakfast nook, dining, and living areas with brand-new flooring throughout. For remote professionals or those seeking a flexible layout, two main-level home offices provide incredible utility, with one presenting a clear path to be easily converted into a true first-floor primary suite or main-level bedroom (buyer to verify with a licensed contractor). Recent premium updates to this immaculate colonial home include fresh exterior paint, updated exterior lighting, professional landscaping with custom concrete edging, a newly tiled kitchen backsplash, and a beautiful new backyard pergola perfect for entertaining. Embrace the total Smith Mountain Lake lifestyle; deeded lake access puts boating right at your fingertips, and the historic The Waterfront Country Club is just a quick golf-cart ride away for premier golf, social events, dining, and community pool access. If you have been searching for a true golf course lot with premium golf course living and absolute main-level convenience close to Roanoke amenities and local lake hotspots, this home checks every single box. Seller offering $10,000 credit at closing toward a main-level primary remodel. Buyer to verify feasibility, cost and permitting. Come see these fairways views in person!

42 Peaks View Dr, Moneta
21 S Pointe Shore Dr, Moneta
$599,950
3 Beds ⋅ 3 Baths ⋅ 926998 MLS
***$15,000 BUILDER FLEX CASH*** The builder is offering up to $15,000 in flex cash with the purchase of this home. Eligible uses may include a mortgage interest-rate buydown, discount points, allowable closing costs and prepaid expenses, subject to applicable loan program and lender guidelines. For details, contact the preferred lender: Getra Hanes, NMLS ID 1758338 Mortgage Loan Officer | First Bank Phone: 540-353-1559 First Bank NMLS ID 406060 www.fbvirginia.com Equal Housing Lender Offer subject to the terms of the purchase agreement, lender approval, applicable seller/interested-party contribution limits, and the buyer's actual eligible costs. Credit cannot be used toward a required down payment or received as cash back where prohibited. Financing is subject to credit approval and underwriting. Contact the preferred lender for details. Brand new construction offering effortless one-level living in one of Smith Mountain Lake's most sought-after neighborhoods, The Waterfront. This thoughtfully designed home features 3 bedrooms, 2.5 bathrooms, and a dedicated office, all centered around a bright, open-concept kitchen, living, and dining area--perfect for both everyday living and entertaining. High-end finishes are showcased throughout, including a stunning spa-like primary bathroom designed for relaxation. Enjoy outdoor living year-round on the large covered rear porch. Just down the street, you'll find access to the community boat ramp, with optional membership available to the private country club for golf, dining, and more. Ideally located for convenience by both land and water, and just minutes from dining, shopping, and local amenities--this is lake living at its finest.

21 S Pointe Shore Dr, Moneta
295 S Pointe Shore Dr Unit 102, Moneta
$544,950
2 Beds ⋅ 2 Baths ⋅ 928497 MLS
Step inside this immaculate, move-in ready 2BR/2BA walk-out level waterfront condo and be greeted by a wall of windows showcasing amazing, lake views of beautiful Smith Mountain Lake. Located in the premier, private waterfront community, The Waterfront. This home offers effortless single-level living. Features include a kitchen with breakfast bar, dining area, wet bar, welcoming foyer, laundry, large storage room, and a bright living room with a cozy gas fireplace. Step out to a spacious patio w/gas grill hook-up and easy access to your deeded covered boat slip with wireless electric lift & jet ski lift. Fully furnished. Membership is available to the premier Waterfront Country Club, which includes: 18-hole golf course, pool, tennis/pickleball, fitness room, and restaurant. Move in READY!

295 S Pointe Shore Dr Unit 102, Moneta
Lot 45 Farmers, Moneta
$72,500
920015 MLS
A premier community where golf, water, and lifestyle come together. This wooded homesite gently slopes toward the #15 fairway at The Waterfront Country Club and is ready for your dream home. With easy-to-build terrain and a minimum of 1,500 square feet on a single level, you may design a one-level villa or a larger custom residence. Enjoy the convenience of a community boat ramp along with public water, internet, and cable access, and become part of a lively neighborhood through the many social events and activities offered by WFCC. Membership provides golf, tennis, pickleball, a fitness center, fine dining, and a cocktail lounge overlooking the #18 green and fairway. Contact the listing agent for membership details. Residents will appreciate scenic views, relaxed lake access living and easy access to club amenities year-round and enjoy membership lifestyle benefits. today!!! Ask listing agent about Membership. The Waterfront Country Club offers a private, amenity rich lifestyle at Smith Mountain Lake, blending championship golf, a welcoming 22,000 square foot clubhouse, tennis, fitness, dining, and a junior Olympic sized pool. Members enjoy a nearly 7,000 yard Fazio designed course, on site golf professionals, and a full calendar of events--all surrounded by the natural beauty and recreation of the lake.

Lot 45 Farmers, Moneta
Lot 8 Leeward, Moneta
$59,900
931011 MLS
This water-access lot checks every box. No HOA. Short-term rentals allowed. Community water available for purchasers hookup. 4 bedroom Perc test complete. And it's tucked into one of the lake's most desirable neighborhoods--just moments from The Waterfront Country Club, where membership is optional and the lifestyle is exceptional. Build with confidence here: one of the few lake-area lots allowing homes as small as 1,000 square feet, perfect for a thoughtfully designed one-level retreat, weekend escape, or income-producing property. The lot has already been cleared and prepped, preserving mature hardwoods for privacy, with seasonal lake views and a charming stream that occasionally flows along the back of the property. A 4-bedroom percolation, completed survey, cleared lot with marked boundaries mean the hard work is already done, this property is ready for your vision. Rare opportunity. Prime location. Endless potential. Owner/Agent.

Lot 8 Leeward, Moneta
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