Energy-efficient and sustainable building management has always been a key concern surrounding buildings. The rise of environmental and social concern in today’s world has brought more attention to the issue of sustainable and smart building management. This paper aims to review the state-of-the-art research and performance on building management that aims to make more sustainable and energy-efficient decisions. This paper classifies building management based on technologies utilized for management and different aspects of management that should be considered when regarding the larger picture of “sustainability”. Additionally, while keeping in mind that long-term sustainability cannot be achieved through energy management alone, this research investigates previous works that also mention diverse aspects that must be taken into consideration when creating a truly successful smart building environment: costs, occupant comfort, and security. Of course, each field deserves an extensive analysis, but the purpose of this review paper is to deliver current research that has brought attention to the rapidly shifting and developing field of smart buildings to provide a macro-level holistic viewpoint on how smart buildings and homes should be approached from a sustainability viewpoint.