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Sharon Webb

swebb@advantagecb.com +1(919) 584-5554

Listed by Choice Residential Real Estate

$ 1,099,000

Est. payment -/mo

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246 Lake Magnolia WAY Smithfield, NC 27577

4 Beds

4 Baths

4,597 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,597 sqft

Price per Sqft $239

Subdivision Lake Magnolia

MLS Listing ID 10153152

Style Farmhouse,Modern

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Fees $1,900/ann

HOA Y/N Yes

Year Built 2016

Annual Tax Amount $4,765

Lot Size 2.910 Acres

Acres 2.91

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 4597

Property Description

Nearly 3 Acres. Private Lakefront Living. Room to Create Your Dream Backyard. An Extraordinary Lifestyle Awaits. Welcome to 246 Lake Magnolia Way, where luxury, privacy, and adventure come together in one remarkable property. Nestled on 2.91 acres within a gated Smithfield lake community, this exceptional custom-built estate offers something increasingly difficult to find: expansive living, premium craftsmanship, outstanding recreational amenities, and the freedom to make the property truly your own. Imagine your own resort-style pool, additional garage or workshop, and spectacular outdoor entertaining space! With the septic drain field located on a separate dedicated septic lot, the nearly three-acre homesite offers exciting possibilities for future improvements, subject to applicable approvals. Whether you envision a sparkling pool, space for your automotive collection, or your own private backyard oasis, the opportunity to customize your lifestyle is exceptional. And then there's the lake! Experience a community centered around a premier water ski lake, where recreation is part of everyday life. Enjoy access to the HOA's shared community boat for water skiing and other permitted lake activities, including wakeboarding and tubing. Fishing, paddleboarding, swimming, and relaxing at the sandy beach offer even more ways to enjoy the water. Volleyball, tetherball, a playground, and over three miles of scenic walking trails bring additional opportunities for recreation and connection. With surrounding HOA-owned land and breathtaking lake sunsets, this private setting feels like a retreat from the everyday. Inside, approximately 4,597 square feet of thoughtfully designed living space deliver comfort, elegance, and functionality. Sun-filled interiors, generous gathering spaces, and a gourmet kitchen create the perfect setting for entertaining. Two spacious primary suites, including one on the main level, offer incredible flexibility for multigenerational living, extended guests, or anyone seeking additional privacy. Enjoy your own dedicated media room, an exceptional three-car garage with heating, cooling, and high ceilings, and impressive construction features throughout. Five-zone HVAC, heat recovery ventilation systems, energy-efficient construction, and carefully considered insulation reflect the quality and attention to detail behind this extraordinary home. Privacy without sacrificing convenience! Enjoy the peaceful setting of Lake Magnolia while remaining close to downtown Smithfield, with convenient access to Downtown Raleigh, Raleigh-Durham International Airport (RDU), and Johnston Regional Airport. Whether commuting, traveling, or enjoying everything the Triangle has to offer, this location connects your private retreat to the places that matter. This is more than a home. It's lake life, luxury living, and room to grow—all in one extraordinary property. Schedule your private showing and experience it for yourself!

Location

State NC

County Johnston

Community Lake Magnolia

Area 2.91

Zoning RAG

Rooms

Main Level Bedrooms 1

Interior

Interior Features Bookcases, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Quartz Counters, Smart Thermostat, Smooth Ceilings, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower

Heating Fireplace(s)

Cooling Ceiling Fan(s), Central Air, Humidity Control, Zoned

Flooring Carpet, Ceramic Tile, Wood

Fireplaces Number 1

Fireplaces Type Family Room, Wood Burning

Equipment Dehumidifier, Home Theater

Fireplace Yes

Appliance Dishwasher, Gas Oven

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Outdoor Shower, Rain Gutters, Storage

Community Features Fishing, Gated, Lake, Playground

Waterfront Description Lake,Lake Privileges

View Trees/Woods

Roof Type Metal, Shingle, Composition

Garage Yes

Building

Lot Description Back Yard, Front Yard, Hardwood Trees, Landscaped, Many Trees, Partially Cleared, Wooded

Story Two

Water Public

Architectural Style Farmhouse, Modern

New Construction No

Schools

Elementary Schools Johnston - West Smithfield Elementary

Middle Schools Johnston - Smithfield Middle

High Schools Johnston - Cleveland High School

Others

Senior Community No

Tax ID 15H08002G

Security Features Gated Community,Secured Garage/Parking,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan, USDA Loan

Listing Terms Cash, Conventional, FHA, VA Loan, USDA Loan

Nearby Locations

Sharon Webb

Broker License ID: 276496

+1(919) 584-5554

Sharon Webb

246 Lake Magnolia WAY Smithfield, NC 27577

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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246 Lake Magnolia WAY