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$1,150,000
28 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
$250
/SqFt
2016
Built
Subdivision:
Lake Magnolia
County:
Johnston

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919-404-SHOW
Upcoming Open Houses
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Sat, Jan 31, 11:00 AM - 2:00 PM
Sun, Feb 1, 1:00 PM - 4:00 PM
246 Lake Magnolia Way246 Lake Magnolia Way246 Lake Magnolia Way246 Lake Magnolia Way
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Monthly Payment (Est.)

$5,247
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Rare lakeside retreat on nearly 3 private acres! A home where high performance construction meets everyday comfort. Enjoy the views of this premiere 3 event tournament lake right from the large screened in deck! Explore the wooded walking trails that begin near the back of the property. Two spacious primary suites (one on the main level), the media/movie room includes its own mini‑split, remote controlled projector and screen, and a removable theater platform. HUGE BONUS: HOA fee includes use of the community boat that is upgraded every few years. Built with intention and efficiency, the heated and cooled garage offers 13ft ceilings, high‑lift doors (car lift ready), 120V & 240V outlets, as well as an extensive French cleat storage system throughout, a mechanic or car enthusiast's dream! This home features 2x6 exterior walls for superior insulation and sound reduction, a five zone HVAC system with insulated interior walls for optimal temperature and noise control. The tightly sealed structure also includes two HRV systems that provide continuous fresh air and humidity management. Additional features include a conditioned crawl space with concrete slab, generator ready setup with a whole house breaker, and an Isokern wood burning fireplace with Green Tech catalytic combustor capable of heating much of the home. A rare opportunity for private, efficient, lakeside living.

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Listing Snapshot
Price 
$1,150,000
Days On Site 
28 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 
10138891
Status 
Active
Property Tax 
$4,765.93
HOA/Condo/Coop Fees 
$158.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
4 weeks 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 Community
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
4597
SqFt Total 
4597
Style 
FarmhouseModern
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedPhone AvailableWater ConnectedPropane
Water Source 
Public
Zoning 
RAG
Interior Features
Appliances 
Bar FridgeDishwasherENERGY STAR Qualified AppliancesGas OvenGas RangeRange HoodStainless Steel Appliance(s)Tankless Water HeaterWine Cooler
Cooling 
Ceiling Fan(s)Central AirHumidity ControlZoned
Fireplace 
Yes
Fireplace Features 
Family RoomWood BurningSee Remarks
Fireplaces 
1
Flooring 
CarpetCeramic TileWood
Heating 
Heat Pump
Interior 
Ceiling Fan(s)ChandelierCrown MoldingGranite CountersHigh CeilingsKitchen IslandNatural WoodworkOpen FloorplanPantryRecessed LightingSoaking TubWalk-In Closet(s)
Laundry Features 
Laundry RoomMain Level
Main Level Bedrooms 
1
Bedroom 2 
Dimensions - 17.17 x 21Level - SecondDescription - Second Master
Bedroom 3 
Dimensions - 11.58 x 11.42Level - Second
Bedroom 4 
Dimensions - 21.17 x 14.25Level - SecondDescription - Bonus Room
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 - Second
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Exterior Features
Construction Details 
HardiPlank TypeStone
Exterior 
Outdoor ShowerRain GuttersStorage
Frontage 
Lakefront
Lot Features 
WoodedBack YardLandscapedPrivateWaterfront
Other Structures 
Poultry CoopShed(s)
Patio And Porch 
CoveredDeckFront PorchScreened
Road Frontage 
Private Road
Roof 
CompositionMetalShingle
Waterfront 
Yes
Waterfront Features 
LakeLake Privileges
Community Features
Association Dues 
1900
Community Features 
FishingGatedLake
Financing Terms Available 
CashConventionalFHAVA LoanUSDA Loan
HOA Fee Frequency 
Annually
Horse Property 
None
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Johnston - W Smithfield
Middle School
Johnston - Smithfield
High School
Johnston - Cleveland
Listing courtesy of Ashley Ledin Frost of Real Broker, LLC



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: 2026-01-30 11:07 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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