Low-salinity/smart waterflooding is a technique, used in oil reservoirs, where the salinity and/or ionic composition of the injection water is tuned to improve oil recovery. It has been observed by many researchers that low-salinity waterflooding can enhance oil recovery by altering the wettability of carbonate rock surfaces from oil-wet to water-wet. Though wettability alteration is generally agreed to be the main mechanism for the improved oil recovery, the contributing parameters and necessary conditions for wettability alteration are not clearly understood. Hence, it is essential to decouple the effects of salinity, ionic composition, and oil composition on wettability alteration of the solid surface. In this work, we systematically investigated smart-water induced wettability alteration of naphthenic-acid-adsorbed oil-wet calcite surfaces. Well-characterized model systems were used to understand the effects of individual monovalent and divalent ions (Na+, Cl−, Mg2+ and SO42−), and salinity on the calcite surface wettability. Contact angle measurements were performed on smooth Iceland Spar calcite surfaces that were aged at 120 °C in 5M NaCl brine, acid number 1.5 model oil, and single-electrolyte-based brine solutions of different salinity and ionic composition. The extent of wettability alteration was assessed based on ACA values, which are more relevant during waterflooding, using a goniometer customized for obtaining multiple advancing and receding contact angles along the surface by the tilting plate method. The results indicate that, for 0.164 M ionic strength (equivalent to 4-times diluted seawater concentration) brine solutions, the wettability of calcite surfaces was changed from oil-wet state to water-wet state irrespective of the salt type. The lowest advancing contact angle (ACA) values (20°–30° range) were obtained for 0.164 M ionic strength NaCl and Na2SO4 solutions, indicating the presence of SO42− ions or reduction in NaCl concentration act in favor of wettability alteration towards water-wet. At this ionic strength, the relative merit of divalent SO42− ions over monovalent Cl− ions was not observed. Upon comparison of ACA values for 0.164 M ionic strength Na2SO4 and MgSO4 (SO42− ion is common) solutions, we concluded that the extent of wettability alteration is lower in the presence of Mg2+ ions. A similar conclusion was made by comparing ACA values for 0.164 M ionic strength NaCl and MgCl2 solutions (Cl− ion is common). The calcite surfaces aged in 0.656 M (equivalent to seawater concentration) NaCl solution demonstrated intermediate-wet state indicating the extent of wettability alteration towards water-wet state increases with a decrease in salinity.