Waterfront
Address
246 Lake Magnolia Way, Smithfield, NC
Price
$ 1,099,000
Property Attributes
- ID#10153152
- TypeSingle Family
- Listing Status Active
- CountyJohnston
- CitySmithfield
- NeighborhoodLake Magnolia
- Zip27577
- StyleFarmhouse, Modern
- Year Built2016
- Price$ 1,099,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage4597
- Lot Size2.91 Acres
Data Source:
Triangle MLS (TMLS)
Property Description
Welcome Home where refined living meets a true water driven lifestyle. Set on nearly three private acres within one of Smithfield's most exclusive lake communities, this custom-built estate offers a rare blend of luxury, recreation, and preserved natural surroundings. Centered around a premier water ski lake, this community was designed for those who crave life on the water. And here, access comes easy. The HOA provides a shared community boat, allowing you to fully enjoy water skiing along with boating, fishing, paddle boarding, wakeboarding, swimming, and tubing without the expense or upkeep of ownership. A sandy beach area invites laid-back afternoons by the water, while community amenities like volleyball, tetherball, and a playground create space for connection, activity, and fun for all ages. Beyond the lake, over 3 miles of scenic trails wind throughout the community perfect for morning walks or evening runs while breathtaking sunset views reflect across the water each night. Surrounded by HOA owned land, the setting offers a heightened sense of privacy, protection, and long-term tranquility that's increasingly hard to find. Inside, every detail reflects intentional design and elevated comfort. Expansive, light filled living spaces flow effortlessly into a gourmet kitchen built for gathering. Multiple primary suites provide flexibility for multigenerational living or hosting guests with ease. Advanced smart tech HVAC zoning, HRV systems, and energy efficient construction ensure year round comfort, performance, and peace of mind. Outdoors, the experience continues wide open space, natural beauty, and a sense of retreat without isolation all just minutes from downtown Smithfield and a convenient drive to Raleigh. This isn't just a home. It's a private retreat. It's a water ski lifestyle. It's the life you've been working toward.
| Elementary School | Middle School | High School |
|---|---|---|
| Johnston - West Smithfield Elementary Elementary School | Johnston - Smithfield Middle Middle School | Johnston - Cleveland High School High School |
| Price History | |
|---|---|
| 8/28/2026 | Listed $1,099,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Fireplace(s),Heat Pump |
| Cooling | Ceiling Fan(s),Central Air,Humidity Control,Zoned |
| Roof | Composition,Metal,Shingle |
| Appliances | Bar Fridge,Dishwasher,Gas Oven,Gas Range,Stainless Steel Appliance(s),Tankless Water Heater,Wine Cooler |
| Zoning | RAG |
| HOA Fee | 158.33 |
| Garage Spaces | 3 |
| Association Fee Includes | Maintenance Grounds,Road Maintenance |
| Patio/Porch Features | Covered,Deck,Front Porch,Screened |
| Architectural Style | Farmhouse,Modern |
| Construction Materials | HardiPlank Type,Stone |
| Year Built | 2016 |
| View | Trees/Woods |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Waterfront Features | Lake,Lake Privileges |
| Community Features | Fishing,Gated,Lake,Playground |
| Assoc Fee Paid Per | Annually |
| County | Johnston |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Boat Dock,Boating,Gated,Jogging Path,Playground,Stream Seasonal,Trail(s) |
| HOA | true |
| Attached Garage | true |
| Subdivision Name | Lake Magnolia |
| Garage Y/N | true |
| Other Structures | Poultry Coop,Shed(s),Storage |
| Total Rooms | 9 |
| Full Baths | 3 |
| Status | Active |
| Directions | Please use GPS |
| High School | Johnston - Cleveland High School |
| City | Smithfield |
| Body of Water | Lake Magnolia |
| Senior Community Y/N | false |
| Lot Size Units | Acres |
| Lot Size Square Feet | 126759 |
| Elementary School | Johnston - West Smithfield Elementary |
| Tax Annual Amount | 4765.93 |
| Middle/Junior High School | Johnston - Smithfield Middle |
| Structure Type | Site Built |
| Standard Status | Active |
Interior Features
| Interior Amenities | 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 |
|---|---|
| Flooring | Carpet,Ceramic Tile,Wood |
| Total Fireplaces | 1 |
| Fireplace Features | Family Room,Wood Burning |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 4597 |
| Half Baths | 1 |
| Laundry Features | Laundry Room,Main Level |
| Total Bedrooms | 4 |
| Above Grade Finished Area Source | Appraiser |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Outdoor Shower,Rain Gutters,Storage |
|---|---|
| Lot Features | Back Yard,Front Yard,Hardwood Trees,Landscaped,Many Trees,Partially Cleared,Wooded,Beach Grassy,Beach Sandy,Boat Dock,Boat Ramp,Water Access Community,Waterfront Community |
| Water Source | Public |
| Lot Size Area | 2.91 |
| Foundation Details | Crawlspace |
| Building Area Total | 4597 |
| Lot Size Acres | 2.91 |
| Road Surface Type | Asphalt |
| Waterfront Y/N | true |
| Road Frontage Type | Private Road |
| Horse Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 27577
Price
Year Built
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