
Land with Home for Sale in Smithfield, North Carolina
246 Lake Magnolia Way, Smithfield, NC 27577
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 ensures 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.
Location
- Street address
- 246 Lake Magnolia Way
- County
- Johnston County
- Community
- Lake Magnolia
- Elevation
- 146 feet
Property details
- Acreage
- 2.91 acres
- Zoning
- RAG
- MLS #
- DMLS 10153152
- Posted
Property taxes
- 2025
- $4,766
Expenses
- Homeowner Association Fee
- $1,900 annually
Parcels
- 15H08002G
Legal description
1 Lake Magnolia 69/451 1663
Open houses
| Date | Begins | Ends | Appt needed | Remarks |
|---|---|---|---|---|
| Apr 24, 2026 | 5:30 PM | 7:30 PM | No | — |
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Waterfront
- Lake
- Features
- Back Yard, Front Yard, Hardwood Trees, Landscaped, Many Trees, Partially Cleared, Wooded
Exterior
- Pool
- Deck, Porch
- Structures
- Poultry Coop, Storage
- Features
- Outdoor Shower, Rain Gutters
Structure
- Style
- Modern
- Stories
- 2
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Fireplace(s), 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
- Fireplaces
- Yes
- Appliances
- Bar Fridge, Dishwasher, Gas Oven, Gas Range, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
- Features
- Bookcases, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-In Kitchen, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Quartz Counters, Smart Thermostat, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower
Nearby schools
| Name | Type |
|---|---|
| Johnston - W Smithfield | Elementary |
| Johnston - Smithfield | Middle |
| Johnston - Cleveland | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 2, 2026 | Price drop | $1,145,000 | $5,000 -0.4% | DMLS |
| Jan 2, 2026 | New listing | $1,150,000 | — | DMLS |































































