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The Water’s Edge Country Club | Smith Mountain Lake Neighborhoods

The Water’s Edge is a stunning 720-acre community with more than 13 miles of shoreline on the south side of Smith Mountain Lake, Virginia. With an award-winning golf course, private country club, breathtaking water and mountain views and a wide variety of options for luxury real estate at Smith Mountain Lake, The Water’s Edge is among the most sought-after addresses at SML.


Real Estate at The Water’s Edge Country Club

The Water’s Edge has more than 600 home sites, including luxury homes, condos, townhomes and building lots. The Water’s Edge homes for sale range from low-maintenance patio homes to luxurious waterfront estates. A number of individual communities – The Grande Villas, Village Green, Golfer’s Crossing and Marina Bay Condominiums – offer even more flexibility for part-time or full-time residents. The beautiful on-site equestrian center also makes The Water’s Edge horse properties popular.

See all homes for sale at The Water’s Edge or set up an appointment for personal tour by contacting Vicki Millehan or Debbie Shelton.

Country Club Amenities

The Water’s Edge is the perfect place for your friends and family to enjoy the best of Smith Mountain Lake golf, boating, dining, equestrian, tennis and swimming. This world-class country club offers:

  • Private, 18-hole PGA Championship golf courses redesigned in 2007 by nationally renowned golf course architect Richard Mandell
  • Driving range, putting green and pro shop
  • PGA Golf Professional on staff for private and group golf lessons
  • Men’s and ladies’ golf associations with weekly play and in-season tournaments
  • 28,000-square-foot luxury clubhouse
  • Gourmet dining
  • Multiple bar areas and outdoor patios
  • Facilities for private functions such as weddings and business meetings
  • Member socials and parties
  • Tennis courts
  • Junior Olympic-sized pool and children’s wading pool
  • Fitness facilities
  • Equestrian center with boarding services, riding arena and 175 acres of horseback riding trails with scenic lake views
  • Marina
  • Paved walking trails
  • Golf and social memberships available


The Water’s Edge is located in Franklin County, Virginia. Students attend Glade Hill Elementary School, Benjamin Franklin Middle School and Franklin County High School. There are also several nearby private schools, including Smith Mountain Lake Christian Academy, Christian Heritage Academy, Carlisle, Chatham Hall, Hargrave Military Academy and Heritage Academy.


The Water’s Edge Country Club offers gourmet cuisine for lunch and dinner in a casual atmosphere. The Eastroom Lounge overlooks the golf course and is a popular spot for members to gather for drinks and socializing. Just outside The Water’s Edge community are several restaurants, including Carl’s Place, a quaint diner that serves old-fashioned country favorites.

Many residents enjoy traveling by boat to Smith Mountain Lake waterfront restaurants. The Landing, Mexico Viejo, King’s Point Pub, Mitchell’s Restaurant and Heath’s Waterfront Grill are all convenient by water to The Water’s Edge.


Residents of The Water’s Edge generally head to Westlake Corner for shopping at Smith Mountain Lake with Rocky Mount and Gretna also nearby. All offer grocery stores, clothing boutiques, jewelry stores, home and garden outlets, sporting goods and gift stores. Popular Smith Mountain Lake shopping centers include Westlake Towne Center, Bridgewater Plaza and Downtown Moneta.

Additional Resources

Ask a question, set up an appointment or order your free Insider’s Guide to Smith Mountain Lake by contacting Vicki Millehan or Debbie Shelton.

Visit The Water’s Edge Country Club website

You Might Also Like

Many people searching Smith Mountain Lake waterfront homes also consider these other nearby communities:

The Cottages at Contentment Island homes for sale

The Waterfront Country Club homes for sale

The Boardwalk homes for sale

The Farm homes for sale

Waverly homes for sale


SML Real Estate Market Update- March 2015


While inclement weather in February may have kept some buyers away, it didn’t affect the number of homes sold, although pending sales did slow a bit. Buyers are on the look-out for new listings and think that they may be able to get a good deal on older listing inventory.

Read More→

Top 5 Myths about Real Estate

In the real estate business we hear myths all the time, such as “The home on the cul-de-sac will sell better than the one down the street.” But just because someone has a preconception about something doesn’t mean its true, nor does reading something on the internet make it true either. A myth can be defined as “any idea, concept, or invented idea.”  Here are the five most common real estate myths that I hear and are also commonly misconstrued.

Myth #1: First-floor condos are not desirable 5 Smith Mountain Lake Real Estate Mythsbecause of privacy and noise concerns.

First-floor units are common here at Smith Mountain Lake and also very desirable. They offer a number of advantages, one of which is the ease of access. No stairs to climb or elevator to deal with. Noise concerns may be a concern no matter what level a condo is on, so my suggestion is to look into soundproofing options if it is an issue for you. You can purchase sound-dampening acoustical panels or specific window treatments that decrease noise. If you are looking for more privacy in a ground floor unit, you can look into installing “top down, bottom up blinds”. These can be raised up and down to let in light but also allow for additional privacy.

Myth #2: You get back all of the money that you put into upgrading and remodeling when you sell a property.

I see cost versus value surveys all the time that show what a seller typically gets out of certain remodeling projects and other home improvement upgrades. Mind you these are just averages and each property and project will be different, but usually no one ever sees a 100 percent return on a remodeling project investment. But it can help the resale value, increase the buyer pool and also decrease the time on market when a property has had certain upgrades completed. Buyers are always on the look out for remodeled bathrooms and kitchens, but not one that has been updated to taste specific.

Myth #3: First impressions are everything. If your home doesn’t appeal to a prospective buyer from the outside, they won’t take the time to go inside.

It all depends on the buyer. I have had prospective buyers drive by a house and not be impressed with the outside but still schedule an appointment to view the home. In some instances, the inside of the home impressed the client, and they did make an offer despite the lack of curb appeal. Once they purchased the property, then they made alterations to increase the curb appeal and it made a tremendous difference. Other clients may not even take the time to look inside based on the appearance outside.

Myth #4: All paint colors must be neutralized before listing a property for sale.

If you have a red kitchen or yellow dining room, it doesn’t necessarily need to be repainted for resale purposes. In some instances, the color of the room brings out other features or adds more ambiance. Every buyer is going to have their personal preferences in terms of color, so even if you were to change the paint color to something more neutral they may paint it again later after purchasing the property. The general rule of thumb is that if it’s not too bold and detracts from the space then the color can stay. But I will admit that throughout my career in real estate I have seen some pretty awful color choices that in my opinion wouldn’t appeal to any buyer.

Myth #5: Swimming pools never add much value to a property.

While a lot of Smith Mountain Lake residents have the biggest swimming pool right in their backyard (i.e. the lake), some homes also feature a swimming pool as an additional luxury. Having a pool doesn’t necessarily make a property tougher to sell, in fact, some buyers have a pool on their list of must have’s in a home. Granted you will find increased utility bills and maintenance with a pool. A property with a swimming pool usually increases the value somewhat, but never to the full extent of what the pool costs to install.

Don’t fall victim to a real estate myth. A real estate professional, like myself can always help you better understand buying and selling.