The club has mooring space for 250 yachts. It organizes yearly regatta series with both domestic and international participation.
Together with the Yacht Club of Kiel, the Norddeutscher Regattaverein and the Hamburger Sailing Club, the Verein Seglerhaus am Wannsee organizes the Kiel Week. Taking place in the Bay of Kiel, this annual event is one of the largest and most prestigious sailing regattas in the world.
Members of the Verein Seglerhaus am Wannsee have won Olympic, World and European competitions. The Olympic section of the club consists of six teams.
Soon this yacht club acquired prestige and even German Crown Prince William sailed his yacht on the lake. A larger, roomier club house in Tudor style was built in 1910. This building is now a protected monument.
The Verein Seglerhaus am Wannsee is one of the main members of the International Council of Yacht Clubs.