246 Lake Magnolia Way, Smithfield, NC 27577

Local realty services provided by:CENTURY 21 New Beginnings
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...

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Home facts

  • Year built:2016
  • Listing ID #:10153152
  • Added:168 day(s) ago
  • Updated:June 18, 2026 at 03:04 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
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Ellisha Mayers