
Residential Land with Home for Sale in Smithfield, North Carolina
246 Lake Magnolia Way, Smithfield, NC 27577
Rare lakeside retreat on 2.91 private acres-where luxury construction meets everyday comfort. Welcome to 246 Lake Magnolia Way in Smithfield, an exceptional home built with intention, efficiency, and long-term livability in mind. Constructed with 2x6 exterior walls for enhanced insulation and sound reduction, this home delivers comfort you can feel. The layout includes two spacious primary suites with ensuites, one conveniently located on the main level. A five-zone HVAC system allows independent temperature control throughout, while insulated interior walls prevent temperature bleed and reduce sound transfer. The home is tightly sealed and equipped with two HRV systems providing continuous fresh air with humidity booster controls. Enjoy lakeside living from the large screened-in back deck overlooking the water, or step directly into nature with walking trails that begin near the back of the property and wind through the wooded landscape-perfect for morning walks, exploration, or peaceful escapes. The media room features its own mini-split and includes a remote-controlled projector, projector screen, and removable theater platform. The heated and cooled garage offers 13-ft ceilings, high-lift doors (car-lift ready), 120V & 240V outlets, and extensive French cleat storage systems. Additional highlights include a conditioned crawl space with concrete slab and lighting, generator-ready setup with 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, high-performance 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 - 1 Lake Magnolia 69/451 1663
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 | Level | District | Description |
|---|---|---|---|
| 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 |






























































