Skip to main contentSkip to navigation
1 / 35

Land with Home for Sale in Smithfield, North Carolina

742 Lake Magnolia Way, Smithfield, NC 27577

$769,500
1.79 acres
Active sale
Est $4,403/mo

LAKE LIVING - PRIVATE -16 LOTS IN GATED COMMUNITY - At the end of a private street on 1.79 acres, you'll find this beautifully crafted Four-Bedroom Three-Bathroom Home. Primary suite, additional bedroom and office on main level!! Modern style meets bold design with contemporary black framed windows and dark exterior colors. Step inside to an inviting bright open concept floor plan! The seamless flow in the main living areas and separate dining room creates and ideal setting for everyday living or entertaining. Walls of windows fill the home with natural light. The gourmet kitchen is the heart of the home, featuring high-end finishes - striking quartz countertops, white tile backsplash, built-in appliances, deep basin farm sink, five-burner gas range and walk-in pantry. An expansive island provides space for meal prep or casual dining. The main floor primary suite offers a private retreat overlooking the back yard and wooded backdrop. The ensuite bath has a large walk-in shower and dual walk-in closets. An additional main floor bed and bath provide flexibility for guest or multi-generational living. The flexible plan also offers a dedicated main level office! Upstairs you'll find a bright loft with endless solutions for lifestyle needs. Two additional spacious bedroom and an ensuite bathroom. All bedrooms have walk-in closets. Outside the covered back porch offers a retreat for all seasons. A Three-Car Garage provides ample parking and recreational storage. This Lakeside Community is paired with scenic trails winding around the lake and alongside a creek. One of the standout features is the power boat provided by the HOA. Whether you enjoy boating, kayaking, fishing...or just a peaceful Stoll around the lake, you'll enjoy the natural beauty and recreation this community offers.

2,983
Sq feet
4
Beds
3
Full baths
2023
Built

Location

Street address
742 Lake Magnolia Way
Zip code
27577
Community
Lake Magnolia
Elevation
149 feet
Coordinates
35.5142, -78.4453

Property details

Acreage
1.79 acres77,972 sq ft
MLS #
DMLS 10170154
Posted

Property taxes

2026
$3,763

Expenses

Homeowner Association Fee
$1,900 annually

Parcels

  • 15-H-08-002-V

Legal description

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
1
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
Hardwood, Tile-Ceramic, 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

NameType
Johnston - West Smithfield ElementaryElementary
Johnston - Swift Creek Middle SchoolMiddle
Johnston - Cleveland High SchoolHigh

Listing history

DateEventPriceChangeSource
Apr 23, 2026Price drop$769,500$5,450 -0.7%DMLS
Mar 14, 2026New listing$774,950DMLS
Subscribe to listing updates

Payment calculator

This 1.79-acre property is located at 742 Lake Magnolia Way in Smithfield, NC 27577. The property is available for sale, priced at $769,500. It has a 2,983 square foot 4-bedroom, 3-bath house built in 2023.

Listed by DeVaney Realty, (919) 280-6171

Checked 1 hour agoUpdated Source

Report listing issue

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact