246 Lake Magnolia Way, Smithfield, NC 27577

Smithfield
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
246 Lake Magnolia Way,Smithfield, NC 27577
$1,099,000
  • 4 Beds
  • 4 Baths
  • 4,597 sq. ft.
  • Multi-family
  • Active
Listed by: ashley ledin frost
Office: choice residential real estate
MLS#:10153152
Source:RD

Price summary

  • Price:$1,099,000
  • Price per sq. ft.:$239.07
  • Monthly HOA dues:$158.33

About this home

Welcome Home where refined living meets a true water driven lifestyle. Set on nearly three private acres within one of Smithfield's most exclusive lake communities, this custom-built estate offers a rare blend of luxury, recreation, and preserved natural surroundings. Centered around a premier water ski lake, this community was designed for those who crave life on the water. And here, access comes easy. The HOA provides a shared community boat, allowing you to fully enjoy water skiing along with boating, fishing, paddle boarding, wakeboarding, swimming, and tubing without the expense or upkeep of ownership. A sandy beach area invites laid-back afternoons by the water, while community amenities like volleyball, tetherball, and a playground create space for connection, activity, and fun for all ages. Beyond the lake, over 3 miles of scenic trails wind throughout the community perfect for morning walks or evening runs while breathtaking sunset views reflect across the water each night....

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Home facts

  • Year built:2016
  • Subdivision & Development:Lake Magnolia
  • Listing ID #:10153152
  • Added:238 day(s) ago
  • Updated:August 28, 2026 at 06:55 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:3
  • Rooms Total:9
  • Flooring:Carpet, Ceramic Tile, Wood
  • Dining Description:Eat-in Kitchen
  • Bathrooms Description:Double Vanity, Soaking Tub, Walk-In Shower
  • Kitchen Description:Dishwasher, Gas Oven, Gas Range, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
  • Living area:4,597 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Humidity Control, Zoned
  • Heating:Fireplace(s), Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Metal, Shingle
  • Year built:2016
  • Building area:4,597 sq. ft.
  • Lot area:2.91 Acres
  • Lot Features:Back Yard, Front Yard, Hardwood Trees, Landscaped, Many Trees, Partially Cleared, Wooded
  • Architectural Style:Farmhouse, Modern
  • Construction Materials:HardiPlank Type, Stone
  • Exterior Features:Covered, Deck, Front Porch, Outdoor Shower, Rain Gutters, Screened, Storage
  • Levels:Two

Schools

  • High school:Johnston - Cleveland High School
  • Middle school:Johnston - Smithfield Middle
  • Elementary school:Johnston - West Smithfield Elementary

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,099,000
  • Price per sq. ft.:$239.07
  • Tax amount:$4,766

Features and amenities

  • Laundry features:Laundry Room, Main Level

Parking

  • Garage:Yes
  • Garage spaces:3
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