LKV Realty
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$1,145,000
$6,000Reward *
246 Lake Magnolia Way, Smithfield, NC 27577Listing ID 10138891

246 Lake Magnolia Way, Smithfield, NC 27577

Active
Lake Magnolia
Time on site: 226 daysLast updated: Mar 16, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
4,597
Acres
Acres
2.91
Days on Site
Days on Site
226
Cooling
Cooling
Central Air, Ceiling Fan(s), Humidity Control, Zoned
Heating
Heating
Heat Pump
Year Built
Year Built
2016
Stories
Stories
2
Garages
Garages
3

Welcome to 246 Lake Magnolia Way where everyday life feels like a getaway. Set on nearly three private acres in one of Smithfield's most scenic lake communities, this custom-built estate offers more than luxury living, it offers a lifestyle most only experience on vacation. Here, you don't even need to own a boat to enjoy the water. The HOA provides access to a shared community boat, along with opportunities to fish, paddle board, wakeboard, swim, or tube, all without the expense or upkeep of ownership. Beyond the water, expansive walking trails invite morning strolls and evening jogs, while breathtaking sunset views reflect across the lake each night. Inside, intentional design meets elevated comfort. Light-filled living spaces, a gourmet kitchen built for gathering, and multiple primary suites offer flexibility for multigenerational living or extended guests. Advanced HVAC zoning, HRV systems, and energy-efficient construction ensure year round performance and comfort. Outside, you'll find space to breathe, privacy without isolation, and views that shift beautifully with the light, all just minutes from downtown Smithfield and a convenient drive to Raleigh. This isn't just a lake home. It's access. It's recreation. It's the lifestyle you've been working toward.

Property Information

Property Details

Location

Address
246 Lake Magnolia Way
County
Johnston
City
Smithfield
Zip Code
27577
Subdivision
Lake Magnolia
High School
Johnston - Cleveland
Elementary School
Johnston - W Smithfield
Ashley Ledin FrostChoice Residential Real Estate, (919) 720-4991

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
1
Full Bathrooms
3
Half Bathrooms
1

Building

Building Information

Square Feet
4,597
Year Built
2016
Stories
2
Construction
HardiPlank Type, Stone
Foundation
Crawlspace
Roof
Composition, Metal, Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$4,766
Tax Year
2025

Homeowner Association

HOA Fee
$1,900
HOA Fee Frequency
Annually

Market Report for 27577

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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