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$1,145,000
70 Days On Site

246 Lake Magnolia Way
Smithfield, NC 27577

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
4,597
SqFt
$249
/SqFt
2016
Built
Subdivision:
Lake Magnolia
County:
Johnston

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Call Now: 919-274-8120
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919-274-8120
Upcoming Open Houses
Due to COVID-19, we recommend you verify Open Houses before attending.
Sat, Mar 14, 12:00 PM - 3:00 PM
246 Lake Magnolia Way246 Lake Magnolia Way246 Lake Magnolia Way246 Lake Magnolia Way
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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.

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Listing Snapshot
Price 
$1,145,000
Days On Site 
70 Days
Bedrooms 
4
Inside Area (SqFt) 
4,597 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
2.91 Acres
Year Built 
2016
MLS® Number 
10138891
Status 
Active
Property Tax 
$4,765.93
HOA/Condo/Coop Fees 
$158.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,145,000
2 months agoListing first seen on site
General Features
Acres 
2.91
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
3
Levels 
Two
Number Of Stories 
2
Parking 
Attached
Property Sub Type 
Single Family Residence
Security 
Gated Community
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
4597
SqFt Total 
4597
Style 
FarmhouseModern
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedPhone AvailableWater ConnectedPropane
Water Source 
Public
Zoning 
RAG
Interior Features
Appliances 
Bar FridgeDishwasherENERGY STAR Qualified AppliancesGas OvenGas RangeRange HoodStainless Steel Appliance(s)Tankless Water HeaterWine Cooler
Cooling 
Ceiling Fan(s)Central AirHumidity ControlZoned
Fireplace 
Yes
Fireplace Features 
Family RoomWood BurningSee Remarks
Fireplaces 
1
Flooring 
CarpetCeramic TileWood
Heating 
Heat Pump
Interior 
Ceiling Fan(s)ChandelierCrown MoldingGranite CountersHigh CeilingsKitchen IslandNatural WoodworkOpen FloorplanPantryRecessed LightingSoaking TubWalk-In Closet(s)
Laundry Features 
Laundry RoomMain Level
Main Level Bedrooms 
1
Bedroom 2 
Dimensions - 17.17 x 21Level - SecondDescription - Second Master
Bedroom 3 
Dimensions - 11.58 x 11.42Level - Second
Bedroom 4 
Dimensions - 21.17 x 14.25Level - SecondDescription - Bonus Room
Den 
Dimensions - 11.17 x 15.33Level - Main
Dining Room 
Dimensions - 11.33 x 17.5Level - Main
Family Room 
Dimensions - 17.33 x 15.58Level - Main
Kitchen 
Dimensions - 13 x 13Level - Main
Master Bedroom 
Dimensions - 17.25 x 17.17Level - Main
Media Room 
Dimensions - 36.75 x 14.25Level - Second
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Exterior Features
Construction Details 
HardiPlank TypeStone
Exterior 
Outdoor ShowerRain GuttersStorage
Frontage 
Lakefront
Lot Features 
WoodedBack YardLandscapedPrivateWaterfront
Other Structures 
Poultry CoopShed(s)
Patio And Porch 
CoveredDeckFront PorchScreened
Road Frontage 
Private Road
Roof 
CompositionMetalShingle
Waterfront 
Yes
Waterfront Features 
LakeLake Privileges
Community Features
Association Dues 
1900
Community Features 
FishingGatedLake
Financing Terms Available 
CashConventionalFHAVA LoanUSDA Loan
HOA Fee Frequency 
Annually
Horse Property 
None
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Johnston - W Smithfield
Middle School
Johnston - Smithfield
High School
Johnston - Cleveland
Listing courtesy of Ashley Ledin Frost of Real Broker, LLC



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-03-13 06:06 AM UTC

Neighborhood & Commute
Source: Walkscore
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