- Overview
- Description
- Property Details
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- HOA Management
- Facts & Features
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Street View
$1,025,000
Monthly Est:$5,102
4 Beds
- 4 Baths
3 full baths + 1 half bath
4,597sqft
246 Lake Magnolia Way, Smithfield, NC 27577
$1,025,000
$5,102/moEst:
Get Pre-Approved
Single Family Residence
Built in 2016
$158.33/mo HOA
2.91 acres lot
$223/sq.ft
Description
Nearly 3 Acres. Luxury Lakefront Living. Endless Possibilities. Welcome to 246 Lake Magnolia Way, where exceptional craftsmanship meets an extraordinary lake lifestyle. Nestled on 2.91 private acres in a gated Smithfield community, this custom-built estate offers approximately 4,597 square feet of thoughtfully designed living space, beautiful lake views, and room to create your dream backyard. Imagine a resort-style pool, additional garage, workshop, or outdoor entertaining oasis! With the septic drain field located on a separate dedicated lot, the possibilities are exciting, subject to applicable approvals. Enjoy water skiing, wakeboarding, tubing, fishing, paddleboarding, and swimming, plus access to the HOA's shared community boat. A sandy beach, playground, volleyball, and over three miles of scenic walking trails make every day feel like a vacation. Inside, discover spacious gathering areas, a gourmet kitchen, two luxurious primary suites, a dedicated media room, and a climate-controlled three-car garage. Premium construction, five-zone HVAC, and thoughtfully engineered comfort systems showcase the exceptional quality throughout. Private lakefront living, incredible recreational amenities, and room to make it your own—all just minutes from downtown Smithfield with convenient access to Raleigh. Experience a lifestyle that goes far beyond the ordinary. Schedule your private tour today!
- Houzeo last checked: 0 minutes ago
- Listing updated: November 1, 2026 at 10:06 pm
- Listing Provided by: Ashley Ledin Frost | Choice Residential Real Estate (919) 720-4991
- Source: Doorify MLS-NC | MLS#: 10153152

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
2016
HOA Fees
$158.33/mo
Finished Area
4,597 sqft
Lot Size
2.91 acres lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
10153152
MLS Status
Active

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Location
HOA Management
Lake Magnolia
HOA Fees
$1,900/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Bike Trails
Road Maintenance
Security Gate
Park Playground
Maintenance
deck
boat
Walk path
Stream Seasonal
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Heating
Fireplace(s), Heat Pump
Cooling
Ceiling Fan(s), Central Air, Humidity Control, Zoned
Sewer
Septic Tank
Appliances
Bar Fridge, Dishwasher, Gas Oven, Gas Range, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler
Interior Features
Bookcases, Ceiling Fan(s), Crown Molding, Double Vanity, Eat In Kitchen, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Quartz Counters, Smart Thermostat, Smooth Ceilings, Soaking Tub, Storage, Walk In Closet(s), Walk In Shower
Exterior Features
Outdoor Shower, Rain Gutters, Storage
Flooring
Carpet, Ceramic Tile, Wood
Construction
Year Built
Year Built: 2016
Home type
Single Family Residence
Architectural Style
Farmhouse, Modern
Construction Materials
Hardi Plank Type, Stone
Roof
Composition, Metal, Shingle
Utilities & Energy
Security Features
Gated Community, Secured Garage/parking, Smoke Detector(s)
Water Source
Public
Fireplace Features
Family Room, Wood Burning
Utilities
Cable Available, Electricity Connected, Phone Available, Septic Connected, Water Connected
Laundry Features
Laundry Room, Main Level
Association Amenities
Boat Dock, Boating, Gated, Jogging Path, Playground, Stream Seasonal, Trail(s)
Other Features
Disclosures
Seller Disclosure
Patio And Porch Features
Covered, Deck, Front Porch, Screened
Lot Features
Back Yard, Front Yard, Hardwood Trees, Landscaped, Many Trees, Partially Cleared, Wooded
Subdivision Name
Lake Magnolia
Community Features
Fishing, Gated, Lake, Playground
Price History
| Date | Event | Price |
|---|---|---|
11/01/2026 Source: | Price Decreased | $1,025,000 -3.67% $223/sqft |
10/16/2026 Source: | Price Decreased | $1,064,000 -3.18% $231/sqft |
07/29/2026 Source: | Price Decreased | $1,099,000 -3.51% $239/sqft |
06/09/2026 Source: | Price Decreased | $1,139,000 -0.52% $248/sqft |
01/02/2026 Source: | Listed for Sale | $1,145,000 -0.43% $249/sqft |
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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Nov 04, 2026, 11:45PM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.
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