246 Lake Magnolia Way, Smithfield, NC 27577
Local realty services provided by:ERA Parrish Realty Legacy Group
246 Lake Magnolia Way,Smithfield, NC 27577
$1,139,000
- 4 Beds
- 4 Baths
- 4,597 sq. ft.
- Multi-family
- Active
Listed by: ashley ledin frost
Office: choice residential real estate
MLS#:10153152
Source:RD
Price summary
- Price:$1,139,000
- Price per sq. ft.:$247.77
- Monthly HOA dues:$158.33
About this home
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....
Contact an agent
Home facts
- Year built:2016
- Listing ID #:10153152
- Added:174 day(s) ago
- Updated:June 25, 2026 at 05:18 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Rooms Total:9
- Flooring:Carpet, Ceramic Tile, Wood
- Dining Description:Eat-in Kitchen
- Bathrooms Description:Double Vanity, Soaking Tub, Walk-In Shower
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
- Living area:4,597 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Humidity Control, Zoned
- Heating:Fireplace(s), Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Composition, Metal, Shingle
- Year built:2016
- Building area:4,597 sq. ft.
- Lot area:2.91 Acres
- Lot Features:Back Yard, Front Yard, Hardwood Trees, Landscaped, Many Trees, Partially Cleared, Wooded
- Architectural Style:Farmhouse, Modern
- Construction Materials:HardiPlank Type, Stone
- Exterior Features:Covered, Deck, Front Porch, Outdoor Shower, Rain Gutters, Screened, Storage
- Levels:Two
Schools
- High school:Johnston - Cleveland High School
- Middle school:Johnston - Smithfield Middle
- Elementary school:Johnston - West Smithfield Elementary
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,139,000
- Price per sq. ft.:$247.77
- Tax amount:$4,766
Features and amenities
- Laundry features:Laundry Room, Main Level
Parking
- Garage:Yes
- Garage spaces:3
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