
Land with Home for Sale in Smithfield, North Carolina
742 Lake Magnolia Way, Smithfield, NC 27577
DISCOVER LAKE MAGNOLIA - A PRIVATE GATED LAKE COMMUNITY - Nestled on a spacious corner lot at the end of a private street, you'll find this beautifully crafted Four-bedroom, Three- bath home. Modern style meets bold design with its contemporary black framed windows and dark exterior color palette. The natural wood accents on the covered front porch creates a balanced and inviting look. Inside you'll find a bright open concept floor plan. The seamless flow into the main living areas and separate dining room creates an ideal setting for everyday living and entertaining. Walls of windows fill the home with natural light and timeless touches like hardwood floors and a stone surround gas log fireplace enhance the home's style. The gourmet kitchen is a true centerpiece, featuring high-end finishes with striking quartz countertops, an expansive island provides space for meal prep or casual dining. White subway tile reflects the light and adds texture. Built-in appliances, a deep basin Stainless Steel farm sink, a five-burner gas cooktop and walk-in pantry aid in kitchen functionality. On the main floor the primary suite offers a private retreat overlooking the back yard and wooded backdrop. The ensuite bathroom has a large walk-in shower, dual walk-in closets, providing personalized space. An additional main floor bedroom and bath provide flexibility for guests or multigenerational living. This flexible plan also offers a dedicated main level office! Upstairs you'll find a bright loft with endless solutions for your lifestyle needs. Two additional spacious bedrooms, one with its own ensuite bathroom. Enhanced LVP provides a durable and quieter flooring solution. In addition is a large storage room. All bedrooms in the home have walk-in closets. Outside the covered back porch offers a retreat for all seasons. The Three- Car garage offers ample parking space and recreational gear storage. This Lakeside community is paired with scenic trails winding around the lake and often alongside a tranquil creek. One of the community's standout features is the power boat provided by the HOA. Whether you enjoy boating, kayaking, fishing...or just a peaceful stroll around the lake, you'll enjoy the natural beauty and recreation this community offers.
Location
- Street address
- 742 Lake Magnolia Way
- County
- Johnston County
- Community
- Lake Magnolia
- Elevation
- 149 feet
Property details
- Acreage
- 1.79 acres
- MLS #
- DMLS 10152861
- Posted
Property taxes
- 2026
- $3,763
Expenses
- Home Owner Assessments Fee
- $1,900 annually
Parcels
- 15H08002V
Legal description
Lot 16 Lake Magnolia 69/452 1663
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Back Yard, Corner Lot, Cul-De-Sac, Hardwood Trees, Landscaped, Partially Cleared, Private
Exterior
- Parking
- Garage
- Fencing
- Fenced
- Pool
- Porch
- Features
- Fenced Yard, Private Yard
Structure
- Stories
- 2
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central, Electric, Forced Air
- Cooling
- Central Air, Heat Pump
- Materials
- Board & Batten Siding, Fiber Cement, Stone
- Roof
- Shingle
Interior
- Room Count
- 10
- Rooms
- Bathroom x 3, Bedroom x 4, Dining Room, Family Room, Laundry Room
- Flooring
- Ceramic Tile, Hardwood, Vinyl
- Fireplaces
- Yes
- Appliances
- Built-In Electric Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Wall Oven
- Features
- Double Vanity, Dual Closets, Entrance Foyer, High Ceilings, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
Nearby schools
| Name | Type |
|---|---|
| Johnston - W Smithfield | Elementary |
| Johnston - Swift Creek | Middle |
| Johnston - Cleveland | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 14, 2026 | New listing | $774,950 | — | DMLS |





































