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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
ago
Est $6,190/mo

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.

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 - 1 Lake Magnolia 69/451 1663

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

NameLevelDistrictDescription
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.

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