
Residential Land with Home for Sale in Smithfield, North Carolina
246 Lake Magnolia Way, Smithfield, NC 27577
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.
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 10138891
- Posted
Property taxes
- 2025
- $4,766
Expenses
- Home Owner Assessments Fee
- $1,900 annually
Parcels
- 15H08002G
Legal description
1 Lake Magnolia 69/451 1663
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
| Name | Type |
|---|---|
| Johnston - W Smithfield | Elementary |
| Johnston - Smithfield | Middle |
| Johnston - Cleveland | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 2, 2026 | New listing | $1,150,000 | — | DMLS |

































































