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$1,145,000
46 Days On Site

246 Lake Magnolia Way
Smithfield, NC 27577

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
4,597
SqFt
$249
/SqFt
2016
Built
Subdivision:
Lake Magnolia
County:
Johnston

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246 Lake Magnolia Way246 Lake Magnolia Way246 Lake Magnolia Way246 Lake Magnolia Way
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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 yearround 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.

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Listing Snapshot
Price 
$1,145,000
Days On Site 
46 Days
Bedrooms 
4
Inside Area (SqFt) 
4,597 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
2.91 Acres
Year Built 
2016
MLS® Number 
10153152
Status 
Active
Property Tax 
$4,765.93
HOA/Condo/Coop Fees 
$158.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
2.91
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
3
Levels 
Two
Number Of Stories 
2
Parking 
Attached
Property Sub Type 
Single Family Residence
Security 
Gated CommunitySecured Garage/ParkingSmoke Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
4597
SqFt Total 
4597
Style 
FarmhouseModern
Water Source 
Public
Zoning 
RAG
Interior Features
Appliances 
Bar FridgeDishwasherGas OvenGas RangeStainless Steel Appliance(s)Tankless Water HeaterWine Cooler
Cooling 
Ceiling Fan(s)Central AirHumidity ControlZoned
Fireplace 
Yes
Fireplace Features 
Family RoomWood Burning
Fireplaces 
1
Flooring 
CarpetCeramic TileWood
Heating 
Fireplace(s)Heat Pump
Interior 
BookcasesCeiling Fan(s)Crown MoldingDouble VanityEat-in KitchenHigh CeilingsKitchen IslandPantryMaster DownstairsSmart ThermostatSoaking TubStorageWalk-In Closet(s)
Laundry Features 
Laundry RoomMain Level
Main Level Bedrooms 
1
Bedroom 2 
Dimensions - 17.17 x 21Level - SecondDescription - Second Primary
Bedroom 3 
Dimensions - 11.58 x 11.42Level - Second
Bedroom 4 
Dimensions - 21.17 x 14.25Level - Second
Den 
Dimensions - 11.17 x 15.33Level - Main
Dining Room 
Dimensions - 11.33 x 17.5Level - Main
Family Room 
Dimensions - 17.33 x 15.58Level - Main
Kitchen 
Dimensions - 13 x 13Level - Main
Master Bedroom 
Dimensions - 17.25 x 17.17Level - Main
Media Room 
Dimensions - 36.75 x 14.25Level - SecondDescription - Bonus Room
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Exterior Features
Construction Details 
HardiPlank TypeStone
Exterior 
Outdoor ShowerRain GuttersStorage
Frontage 
Lakefront
Lot Features 
Back YardFront YardLandscapedMany TreesWoodedWaterfront
Other Structures 
Poultry CoopShed(s)Storage
Patio And Porch 
CoveredDeckFront PorchScreened
Road Frontage 
Private Road
Roof 
CompositionMetalShingle
View 
Trees/Woods
Waterfront 
Yes
Waterfront Features 
LakeLake Privileges
Waterview 
Trees/Woods
Community Features
Association Dues 
1900
Community Features 
FishingGatedLakePlayground
Financing Terms Available 
CashConventionalFHAVA LoanUSDA Loan
HOA Fee Frequency 
Annually
Roads 
Asphalt
School District 
http://schoolquery.johnston.k12.nc.us/livewq/webqu
Schools
School District
http://schoolquery.johnston.k12.nc.us/livewq/webqu
Elementary School
Johnston - W Smithfield
Middle School
Johnston - Smithfield
High School
Johnston - Cleveland
Listing courtesy of Ashley Ledin Frost of Choice Residential Real Estate



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: 2026-05-01 07:29 PM UTC

Neighborhood & Commute
Source: Walkscore
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