The Naval Club's home is a classic listed London town-house, built in the early eighteenth century as part of the exclusive new Mayfair development. At that time, the house included outbuildings in Waverton Street to accommodate carriages, horses, grooms, coachmen and related storage.

One of the first occupants of the house was the Earl of Chatham, brother of William Pitt the Younger, Prime Minister of Great Britain.

In the nineteenth century, the building was enlarged at the rear to form a fine new dining room. This room, now the ground floor bar, contains fine examples of Victorian panelling, mouldings and carvings.

The building was subsequently acquired by the Raphael family and remained in private ownership until World War II, when it was requisitioned for use by the Auxiliary Territorial Service, as the women's arm of the British Army was then known.

The Club purchased the freehold in 1946 and has occupied it ever since. In 1987, the house was listed a Grade II building with particular reference to the grand staircase, with its ornate balustrade decor and wrought ironwork, and the first floor Louis XVI style dining room.

Membership is now open to all men and women who have an interest in maritime affairs and in the sea and who are in sympathy with the Club's traditions.