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$774,950
3 Days On Site

742 Lake Magnolia Way
Smithfield, NC 27577

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,982
SqFt
$260
/SqFt
2023
Built
Subdivision:
Lake Magnolia
County:
Johnston

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742 Lake Magnolia Way742 Lake Magnolia Way742 Lake Magnolia Way742 Lake Magnolia Way
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DISCOVER LAKE MAGNOLIA - A PRIVATE GATED LAKE COMMUNITY - Nestled on a spacious corner lot at the end of a private street, you'll find this beautifully crafted Four-bedroom, Three- bath home. Modern style meets bold design with its contemporary black framed windows and dark exterior color palette. The natural wood accents on the covered front porch creates a balanced and inviting look. Inside you'll find a bright open concept floor plan. The seamless flow into the main living areas and separate dining room creates an ideal setting for everyday living and entertaining. Walls of windows fill the home with natural light and timeless touches like hardwood floors and a stone surround gas log fireplace enhance the home's style. The gourmet kitchen is a true centerpiece, featuring high-end finishes with striking quartz countertops, an expansive island provides space for meal prep or casual dining. White subway tile reflects the light and adds texture. Built-in appliances, a deep basin Stainless Steel farm sink, a five-burner gas cooktop and walk-in pantry aid in kitchen functionality. On the main floor the primary suite offers a private retreat overlooking the back yard and wooded backdrop. The ensuite bathroom has a large walk-in shower, dual walk-in closets, providing personalized space. An additional main floor bedroom and bath provide flexibility for guests or multigenerational living. This flexible plan also offers a dedicated main level office! Upstairs you'll find a bright loft with endless solutions for your lifestyle needs. Two additional spacious bedrooms, one with its own ensuite bathroom. Enhanced LVP provides a durable and quieter flooring solution. In addition is a large storage room. All bedrooms in the home have walk-in closets. Outside the covered back porch offers a retreat for all seasons. The Three- Car garage offers ample parking space and recreational gear storage. This Lakeside community is paired with scenic trails winding around the lake and often alongside a tranquil creek. One of the community's standout features is the power boat provided by the HOA. Whether you enjoy boating, kayaking, fishing...or just a peaceful stroll around the lake, you'll enjoy the natural beauty and recreation this community offers.

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Listing Snapshot
Price 
$774,950
Days On Site 
3 Days
Bedrooms 
4
Inside Area (SqFt) 
2,982 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.79 Acres
Year Built 
2023
MLS® Number 
10152861
Status 
Active
Property Tax 
$3,763.45
HOA/Condo/Coop Fees 
$158.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
1.79
Attached Garage 
Yes
Foundation 
Stone
Garage 
Yes
Garage Spaces 
3
Levels 
One and One Half
Parking 
PavedConcreteGarageAttached
Property Sub Type 
Single Family Residence
Security 
Gated Community
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
2982
SqFt Total 
2982
Style 
FarmhouseTransitional
Water Source 
Public
Interior Features
Appliances 
Built-In Electric OvenDishwasherGas CooktopGas Water HeaterMicrowaveStainless Steel Appliance(s)Tankless Water HeaterOven
Cooling 
Central AirElectricHeat Pump
Fireplace 
Yes
Fireplace Features 
Family RoomGas Log
Flooring 
Ceramic TileHardwoodVinyl
Heating 
CentralElectricForced Air
Interior 
Double VanityEntrance FoyerHigh CeilingsKitchen IslandOpen FloorplanPantryMaster DownstairsWalk-In Closet(s)
Laundry Features 
Laundry RoomMain LevelSink
Main Level Bedrooms 
2
Bathroom 4 
Dimensions - 14.9 x 13.5Level - Second
Bedroom 2 
Dimensions - 9.8 x 11.5Level - Main
Bedroom 3 
Dimensions - 14.11 x 14.2Level - Second
Breakfast Room 
Dimensions - 13 x 10.2Level - Main
Dining Room 
Dimensions - 10.7 x 15.7Level - Main
Family Room 
Dimensions - 22.6 x 19.7Level - Main
Kitchen 
Dimensions - 13 x 15.2Level - Main
Loft 
Dimensions - 18.2 x 16.5Level - Second
Master Bedroom 
Dimensions - 13.1 x 15.8Level - Main
Office 
Dimensions - 9.1 x 12.2Level - Main
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Exterior Features
Construction Details 
Board & Batten SidingFiber CementStone
Exterior 
Private Yard
Fencing 
Back YardPartial
Lot Features 
Back YardCorner LotCul-De-SacLandscapedPrivate
Patio And Porch 
CoveredFront PorchPorchRear Porch
Road Frontage 
Private Road
Roof 
Shingle
Community Features
Association Dues 
1900
Community Features 
FishingGatedLake
Financing Terms Available 
CashConventionalFHAVA LoanUSDA Loan
HOA Fee Frequency 
Annually
Roads 
Paved
Schools
School District
Unknown
Elementary School
Johnston - W Smithfield
Middle School
Johnston - Swift Creek
High School
Johnston - Cleveland
Listing courtesy of Kristie DeVaney of DeVaney Realty



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2026-03-18 10:54 AM UTC

Neighborhood & Commute
Source: Walkscore
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