This paper presents a compact-size, low-cost smart antenna with electronically switchable radiation patterns and reconfigurable polarizations. This antenna can be dynamically switched to realize three different polarizations including two orthogonal linear polarizations and one diagonally linear polarization. By closely placing several electronically reconfigurable parasitic elements around the driven antenna, the beam switching can be achieved in any of the three polarization states. In this design, a polarization reconfigurable square patch antenna with a simple feeding network is used as the driven element. The parasitic element is composed of a printed dipole with a PIN diode. By using different combinations of PIN diode ON/OFF states, the radiation pattern can be switched towards different directions to cover an angle range of 0° to 360° in the azimuth plane. The concept is confirmed by a series of measurements. This smart antenna has the advantages of compact size, low cost, low power consumption, reconfigurable polarizations and beams.