
Land with Home for Sale in Smithfield, North Carolina
742 Lake Magnolia Way, Smithfield, NC 27577
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.
Location
- Street address
- 742 Lake Magnolia Way
- County
- Johnston County
- Zip code
- 27577
- Community
- Lake Magnolia
- Elevation
- 149 feet
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
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
- 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
| Name | Type |
|---|---|
| Johnston - West Smithfield Elementary | Elementary |
| Johnston - Swift Creek Middle School | Middle |
| Johnston - Cleveland High School | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 23, 2026 | Price drop | $769,500 | $5,450 -0.7% | DMLS |
| Mar 14, 2026 | New listing | $774,950 | — | DMLS |


































