- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$749,500
Monthly Est:$3,731
4 Beds
- 3 Baths
3 full baths
2,983sqft
742 Lake Magnolia Way, Smithfield, NC 27577
$749,500
$3,731/moEst:
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Single Family Residence
Built in 2023
$158.33/mo HOA
1.79 acres lot
$251/sq.ft
Description
LAKE LIVING -16 LOTS IN GATED COMMUNITY - MILES OF HIDDEN TRAILS - SECLUDED AND PEACEFUL. At the end of a private street on 1.79 acres, this 2023 built home combines modern farmhouse design with tranquil lake living! Step inside to an inviting bright open concept floor plan! Primary suite, additional bedroom and office on main level!! The seamless flow in the main living areas and separate dining room creates an 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. Additional property owned by HOA creates the serene feel of a Nature Preserve! 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.
- Houzeo last checked: 11 minutes ago
- Listing updated: October 25, 2026 at 6:05 pm
- Listing Provided by: Kristie DeVaney (919) 280-6171 | DeVaney Realty (919) 280-6171
- Source: Doorify MLS-NC | MLS#: 10170154

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2023
HOA Fees
$158.33/mo
Finished Area
2,983 sqft
Lot Size
1.79 acres lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
10170154
MLS Status
Active

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Location
HOA Management
Lake Magnolia, LLC
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
deck
boat
Walk path
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: 3
Interior
Appliances
Built In Electric Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Wall Oven
Exterior Features
Fenced Yard, Private Yard
Sewer
Septic Tank
Cooling
Central Air, Electric, Heat Pump
Heating
Central, Electric, Forced Air
Flooring
Ceramic Tile, Hardwood, Luxury Vinyl
Interior Features
Double Vanity, Dual Closets, Entrance Foyer, High Ceilings, Kitchen Island, Living/dining Room Combination, Open Floorplan, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Walk In Closet(s), Walk In Shower
Construction
Year Built
Year Built: 2023
Home type
Single Family Residence
Roof
Shingle
Foundation Details
Stone
Architectural Style
Farmhouse, Transitional
Construction Materials
Board & Batten Siding, Fiber Cement, Stone
Utilities & Energy
Fireplace Features
Family Room, Gas Log
Security Features
Gated Community
Association Amenities
Boat Dock, Boating, Gated, Jogging Path, Trail(s)
Water Source
Public
Parking Features
Concrete, Garage
Laundry Features
Laundry Room, Main Level, Sink
Other Features
Patio And Porch Features
Covered, Front Porch, Porch, Rear Porch
Community Features
Fishing, Gated, Lake
Lot Features
Back Yard, Corner Lot, Cul De Sac, Hardwood Trees, Landscaped, Partially Cleared, Private
Subdivision Name
Lake Magnolia
Price History
| Date | Event | Price |
|---|---|---|
08/15/2026 Source: | Price Decreased | $749,500 -1.32% $251/sqft |
07/17/2026 Source: | Price Decreased | $759,500 -1.30% $255/sqft |
03/14/2026 Source: | Off Market | $769,500 -0.70% $258/sqft |
03/14/2026 Source: | Listed for Sale | $774,950 +519.96% $260/sqft |
07/07/2023 Source: | Sold | $125,000 $42/sqft |
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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Nov 04, 2026, 11:00PM. 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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