In-Person: 11/15 1:00 PM - 3:00 PMNearly 3 Acres. Luxury Lakefront Living. Endless Possibilities. Welcome to 246 Lake Magnolia Way, where exceptional craftsmanship meets an extraordinary lake lifestyle. Nestled on 2.91 private acres in a gated Smithfield community, this custom-built estate offers approximately 4,597 square feet of thoughtfully designed living space, beautiful lake views, and room to create your dream backyard. Imagine a resort-style pool, additional garage, workshop, or outdoor entertaining oasis! With the septic drain field located on a separate dedicated lot, the possibilities are exciting, subject to applicable approvals. Enjoy water skiing, wakeboarding, tubing, fishing, paddleboarding, and swimming, plus access to the HOA's shared community boat. A sandy beach, playground, volleyball, and over three miles of scenic walking trails make every day feel like a vacation. Inside, discover spacious gathering areas, a gourmet kitchen, two luxurious primary suites, a dedicated media room, and a climate-controlled three-car garage. Premium construction, five-zone HVAC, and thoughtfully engineered comfort systems showcase the exceptional quality throughout. Private lakefront living, incredible recreational amenities, and room to make it your own-all just minutes from downtown Smithfield with convenient access to Raleigh. Experience a lifestyle that goes far beyond the ordinary. Schedule your private tour today!
| MLS # | 10153152 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $1,900 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2016 |
| Days On Site | 243 |
| Listing Provided By | Choice Residential Real Estate | Ashley Ledin Frost |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,597 |
| Garage | 3 |
| Story(s) | 2 |
| Zoning | RAG |
| Acreage | 2.91 |
| Water Front | Lake, Lake Privileges |
| Property View | Trees, Woods |
| Interior Features | Bookcases, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Smart Thermostat, Soaking Tub, Storage, Walk-in Closet(s), Walk-in Shower, Quartz Counters, Smooth Ceilings |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Ceiling Fan(s), Humidity Control, Zoned |
| Fireplace Features | Family Room, Wood Burning |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry Room, Main Level |
| Rooms Total | 9 |
| Exterior Features | Outdoor Shower, Rain Gutters, Storage |
|---|---|
| Roof | Composition, Metal, Shingle |
| Foundation Details | Crawlspace |
| Lot Features | Back Yard, Front Yard, Landscaped, Many Trees, Wooded, Hardwood Trees, Partially Cleared, Boat Dock, Boat Ramp, Water Access Community, Waterfront Community, Beach Grassy, Beach Sandy |
| Waterfront Features | Lake, Lake Privileges |
| Community Features | Fishing, Gated, Lake, Playground |
| View | Trees/Woods |
| Construction Materials | Hardi Plank Type, Stone |
| Security Features | Gated Community, Secured Garage/Parking, Smoke Detector(s) |
| Patio And Porch Features | Covered, Deck, Front Porch, Screened |
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Association Amenities | Boating, Boat Dock, Gated, Jogging Path, Playground, Stream Seasonal, Trail(s) |
|---|---|
| Community Features | Fishing, Gated, Lake, Playground |
| Waterfront Features | Lake, Lake Privileges |
| Utilities | Cable Available, Electricity Connected, Phone Available, Water Connected, Septic Connected |
|---|---|
| Sewer | Septic Tank |
| Tax Assessed Value | 750540 |
|---|---|
| Tax Legal Description | 1 Lake Magnolia 69/451 1663 |
| Tax Year | 2025 |
| Tax Map Number | 1 |
| Accessibility Features | No |
|---|
| State | NC |
|---|---|
| County | Johnston |
| City | Smithfield |
| Zip Code | 27577 |
| Area | Johnston |
| Community Name | Lake Magnolia |
| School District | Johnston - Cleveland High School |
| Elementary School | Johnston - West Smithfield Eleme |
| High School | Johnston - Cleveland High School |
| Listing VS Median (in Lake Magnolia) | |
Price: $1,025,000 low | high Med: $887,250 sqft: 4,597 low | high Med: 3,790 $ / sqft: $223 low | high Med: $237 On site: 243 low | high Med: 206.5 | |
| Open House |
|---|
| In-Person 11/15 1:00 PM - 3:00 PM |
| State | NC |
|---|---|
| County | Johnston |
| City | Smithfield |
| Zip Code | 27577 |
| Area | Johnston |
| Community Name | Lake Magnolia |
| School District | Johnston - Cleveland High School |
| Elementary School | Johnston - West Smithfield Eleme |
| High School | Johnston - Cleveland High School |
| Listing VS Median (in Lake Magnolia) | |
Price: $1,025,000 low | high Med: $887,250 sqft: 4,597 low | high Med: 3,790 $ / sqft: $223 low | high Med: $237 On site: 243 low | high Med: 206.5 | |