246 Lake Magnolia Way
Smithfield, NC 27577Nearly 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!
$1,025,000
4 bedrooms
3 full, 1 half bathrooms
2.91 acres
4,597 square feet
$223 per square foot
- Exterior Features
- Interior Features
- Property Features
- Attached Garage Y/N Yes
- Construction Materials HardiPlank Type, Stone
- Exterior Features Outdoor Shower, Storage, Rain Gutters
- Garage Y/N Yes
- Lot Size Acres 2.91
- Other Structures Poultry Coop, Shed(s), Storage
- Patio And Porch Features Deck, Front Porch, Covered, Screened
- Structure Type Site Built
- Water Body Name Lake Magnolia
- Above Grade Finished Area 4,597
- Appliances Dishwasher, Gas Range, Tankless Water Heater, Gas Oven, Bar Fridge, Stainless Steel Appliance(s), Wine Cooler
- Below Grade Finished Area 0
- Cooling Ceiling Fan(s), Humidity Control, Zoned, Central Air
- Cooling Y/N Yes
- Fireplace Features Family Room, Wood Burning
- Fireplaces Total 1
- Flooring Wood, Ceramic Tile, Carpet
- Heating Heat Pump, Fireplace(s)
- Heating Y/N Yes
- Interior Features Ceiling Fan(s), Eat-in Kitchen, Walk-In Closet(s), Soaking Tub, Walk-In Shower, Pantry, Storage, Primary Downstairs, Bookcases, Smooth Ceilings, Smart Thermostat, Quartz Counters, High Ceilings, Kitchen Island, Crown Molding, Double Vanity
- Laundry Features Main Level, Laundry Room
- Rooms Total 9
- Association Amenities Gated, Boating, Stream Seasonal, Jogging Path, Trail(s), Playground, Boat Dock
- Association Fee Frequency Annually
- Association Fee Includes Maintenance Grounds, Road Maintenance
- Association Y/N Yes
- Community Features Lake, Gated, Fishing, Playground
- Lot Features Back Yard, Partially Cleared, Hardwood Trees, Many Trees, Front Yard, Wooded, Landscaped
- Senior Community Y/N No
- Tax Annual Amount 4765.93
- Water Source Public
- Waterfront Y/N Yes
- Year Built 2016
Additional Property Information
- TypeSingle Family Residence
- Built2016
- NeighborhoodLake Magnolia
- CountyJohnston
- AreaSmithfield
- Elementary SchoolJohnston - West Smithfield Elementary
- Middle SchoolJohnston - Smithfield Middle
- High SchoolJohnston - Cleveland High School
Listing courtesy of Choice Residential Real Estate. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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