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Welcome to the beautiful Waverly community, one of the premier neighborhoods at Smith Mountain Lake in Moneta, Virginia. When you visit our neighborhood, you’ll see why we think it’s the best—the natural setting, wooded lots, lush landscaping and, of course, spectacular views of Smith Mountain Lake. At Waverly, your social calendar can easily be filled by frequent social events, such as potlucks by the pool in summer and themed gatherings year round. We also have numerous clubs, including book club, tennis and pickleball leagues, bunco, and water aerobics. Many of the social events and club meetings take place in or on the grounds of our large clubhouse overlooking the lake. We also offer 27 extra boat slips for residents, a tennis court, pool, a three-acre park, and more than two miles of paved walking paths. Add to all that the best neighbors ever, and you’ll appreciate why there’s so much to love about living at Waverly.

Development of the Waverly community began in 1989. Today, there are 100 beautiful homes and several undeveloped wooded lots. In addition to the Waverly community's own amenities, there are many amenities nearby. Enjoy the walking trails, fishing pier and sandy beach at Smith Mountain Lake Community Park. Play golf or enjoy lunch at the public Westlake Country Club. See a movie, eat out, shop the unique specialty stores or pick up groceries at the conveniently located Westlake Shopping Center. A short drive away, you’ll find Bridgewater Plaza, with additional shopping, restaurants, putt-putt golf and boat rentals. If you prefer an outing in the city, Roanoke is just 50 minutes away.