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$769,500
20 Days On Site

742 Lake Magnolia Way
Smithfield, NC 27577

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,983
SqFt
$258
/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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LAKE LIVING - PRIVATE -16 LOTS IN GATED COMMUNITY - At the end of a private street on 1.79 acres, you'll find this beautifully crafted Four-Bedroom Three-Bathroom Home. Primary suite, additional bedroom and office on main level!! Modern style meets bold design with contemporary black framed windows and dark exterior colors. Step inside to an inviting bright open concept floor plan! The seamless flow in the main living areas and separate dining room creates and ideal setting for everyday living or entertaining. Walls of windows fill the home with natural light. The gourmet kitchen is the heart of the home, featuring high-end finishes - striking quartz countertops, white tile backsplash, built-in appliances, deep basin farm sink, five-burner gas range and walk-in pantry. An expansive island provides space for meal prep or casual dining. The main floor primary suite offers a private retreat overlooking the back yard and wooded backdrop. The ensuite bath has a large walk-in shower and dual walk-in closets. An additional main floor bed and bath provide flexibility for guest or multi-generational living. The flexible plan also offers a dedicated main level office! Upstairs you'll find a bright loft with endless solutions for lifestyle needs. Two additional spacious bedroom and an ensuite bathroom. All bedrooms have walk-in closets. Outside the covered back porch offers a retreat for all seasons. A Three-Car Garage provides ample parking and recreational storage. This Lakeside Community is paired with scenic trails winding around the lake and alongside a creek. One of the standout features is the power boat provided by the HOA. Whether you enjoy boating, kayaking, fishing...or just a peaceful Stoll around the lake, you'll enjoy the natural beauty and recreation this community offers.

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Listing Snapshot
Price 
$769,500
Days On Site 
20 Days
Bedrooms 
4
Inside Area (SqFt) 
2,983 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.79 Acres
Year Built 
2023
MLS® Number 
10170154
Status 
Active
Property Tax 
$3,763.45
HOA/Condo/Coop Fees 
$158.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
3 weeks 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 
2983
SqFt Total 
2983
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 - 13.0 x 10.2Level - Main
Dining Room 
Dimensions - 10.7 x 15.7Level - Main
Family Room 
Dimensions - 22.6 x 19.7Level - Main
Kitchen 
Dimensions - 13.0 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 - West Smithfield Elementary
Middle School
Johnston - Swift Creek Middle School
High School
Johnston - Cleveland High School
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: 2026-06-18 11:38 AM UTC

Neighborhood & Commute
Source: Walkscore
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