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Residential Land with Home for Sale in Smithfield, North Carolina

246 Lake Magnolia Way, Smithfield, NC 27577

$1,150,000
3 acres
Active
Est $6,190/mo

Rare lakeside retreat on nearly 3 private acres! A home where high performance construction meets everyday comfort. Enjoy the views of this premiere 3 event tournament lake right from the large screened in deck! Explore the wooded walking trails that begin near the back of the property. Two spacious primary suites (one on the main level), the media/movie room includes its own minisplit, remote controlled projector and screen, and a removable theater platform. HUGE BONUS: HOA fee includes use of the community boat that is upgraded every few years. Built with intention and efficiency, the heated and cooled garage offers 13ft ceilings, highlift doors (car lift ready), 120V & 240V outlets, as well as an extensive French cleat storage system throughout, a mechanic or car enthusiast's dream! This home features 2x6 exterior walls for superior insulation and sound reduction, a five zone HVAC system with insulated interior walls for optimal temperature and noise control. The tightly sealed structure also includes two HRV systems that provide continuous fresh air and humidity management. Additional features include a conditioned crawl space with concrete slab, generator ready setup with a whole house breaker, and an Isokern wood burning fireplace with Green Tech catalytic combustor capable of heating much of the home. A rare opportunity for private, efficient, lakeside living.

4,597
Sq feet
4
Beds
3
Full baths
1
1/2 bath
2016
Built

Location

Street address
246 Lake Magnolia Way
Community
Lake Magnolia
Elevation
146 feet
Coordinates
35.5117, -78.4384

Property details

Acreage
2.91 acres
Zoning
RAG
MLS #
DMLS 10138891
Posted

Property taxes

2025
$4,766

Expenses

Home Owner Assessments Fee
$1,900 annually

Parcels

  • 15H08002G

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Vegetation
Grassed, Wooded
Waterfront
Lake
Features
Back Yard, Hardwood Trees, Landscaped, Partially Cleared, Private, Waterfront

Exterior

Pool
Deck, Porch
Structures
Poultry Coop, Storage
Features
Outdoor Shower, Rain Gutters

Structure

Style
Modern
Stories
2
Water
Public
Sewer
Septic Tank
Heating
Heat Pump
Cooling
Ceiling Fan(s), Central Air, Humidity Control, Zoned
Materials
Hardi Plank Type, Stone
Roof
Composition, Metal, Shingle

Interior

Room Count
9
Rooms
Bathroom x 4, Bedroom x 4, Den, Dining Room, Family Room, Laundry Room
Flooring
Carpet, Ceramic Tile, Wood
Appliances
Bar Fridge, Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
Features
Ceiling Fan(s), Chandelier, Crown Molding, Granite Counters, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Natural Woodwork, Open Floorplan, Pantry, Recessed Lighting, Separate Shower, Soaking Tub, Walk-In Closet(s), Walk-In Shower

Nearby schools

NameType
Johnston - W SmithfieldElementary
Johnston - SmithfieldMiddle
Johnston - ClevelandHigh

Listing history

DateEventPriceChangeSource
Jan 2, 2026New listing$1,150,000DMLS
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This 2.91-acre property is located at 246 Lake Magnolia Way in Smithfield, NC 27577. The property is available for sale for $1,150,000. It has a 4,597 sq ft 4 bedroom, 3 bath house built in 2016.

Checked 2 hours ago — Updated

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