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275 Anchor Dr - The Waterfront Country Club 13,830 SF Specialty Building Offered For Sale in Moneta, VA 24121
INVESTMENT HIGHLIGHTS
- Located in the affluent Smith Mountain Lake community, where some homes are valued as high as $7,000,000.
- All the maintenance equipment is owned and included in the sale, with an estimated value between $700,000 and $900,000.
- 11.25-Acre Driving Range (Zeon Zoysia Practice Tees)
- The Club offers the most affordable membership dues among private clubs in the area, with comparable amenities—providing opportunity to increase dues.
- 22,000 sq ft Clubhouse With Multiple Dining Option
EXECUTIVE SUMMARY
We are pleased to exclusively offer the opportunity to acquire The Waterfront Country Club (also referred to as “the Club” herein) in Moneta, Virginia.
The Waterfront Country Club is a premier, private championship course located within a 750-acre lakeside community along 8.5 miles of Smith Mountain Lake shoreline. Originally designed by George Dillon, a former associate of Tom Fazio, this par-72, 18-hole layout stretches 6,752 yards across gently rolling terrain, featuring 40 bunkers and water hazards on six holes. Extensive renovations completed in 2021 introduced Zeon Zoysia fairways, expanded greens, and refined contours—enhancing both playability and aesthetic appeal. Blending rich history with modern craftsmanship, The Waterfront offers a challenging yet rewarding experience that reflects the serene elegance of Virginia’s most coveted lakefront setting.
This is an excellent opportunity to acquire a proven golf asset on the largest lake in Virginia. With its ideal location on Smith Mountain Lake, a strong local membership base, and steady visitor traffic to the lake, The Waterfront Country Club is well-positioned for stable returns and long-term growth. It represents a true turnkey investment within an affluent community, with the potential to build on the current owner’s success.
The Waterfront Country Club is a premier, private championship course located within a 750-acre lakeside community along 8.5 miles of Smith Mountain Lake shoreline. Originally designed by George Dillon, a former associate of Tom Fazio, this par-72, 18-hole layout stretches 6,752 yards across gently rolling terrain, featuring 40 bunkers and water hazards on six holes. Extensive renovations completed in 2021 introduced Zeon Zoysia fairways, expanded greens, and refined contours—enhancing both playability and aesthetic appeal. Blending rich history with modern craftsmanship, The Waterfront offers a challenging yet rewarding experience that reflects the serene elegance of Virginia’s most coveted lakefront setting.
This is an excellent opportunity to acquire a proven golf asset on the largest lake in Virginia. With its ideal location on Smith Mountain Lake, a strong local membership base, and steady visitor traffic to the lake, The Waterfront Country Club is well-positioned for stable returns and long-term growth. It represents a true turnkey investment within an affluent community, with the potential to build on the current owner’s success.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 13,830 SF |
| Property Type | Specialty | No. Stories | 1 |
| Building Class | A | Year Built | 1982 |
| Lot Size | 193.30 AC | ||
| Zoning | RPD - Residential Planned Unit Development | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | A |
| Lot Size | 193.30 AC |
| Building Size | 13,830 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Zoning | RPD - Residential Planned Unit Development |
AMENITIES
- Signage
- Waterfront
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0310405200 | Improvements Assessment | $1,401,500 |
| Land Assessment | $673,200 | Total Assessment | $2,074,700 |
PROPERTY TAXES
Parcel Number
0310405200
Land Assessment
$673,200
Improvements Assessment
$1,401,500
Total Assessment
$2,074,700
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275 Anchor Dr - The Waterfront Country Club
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