742 Lake Magnolia Way Smithfield, NC $ 749,500
742 Lake Magnolia Way
$ 749,500
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742 Lake Magnolia Way

Smithfield, NC, 27577
$ 749,500
Bedrooms4 Baths3.0 Sq 2,983

Monthly Estimate*

$ 5,177

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Single Family Home for sale in Smithfield, NC

for $749,500 with 4 bedrooms and 3 full baths. This 2,983 square foot home was built in 2023 on a lot size of 1.79.

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.

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Single Family Active

Price

$ 749,500

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Farmhouse, Transitional

Lot Size

1.79

Year Built

2023

Town/City

Smithfield

County/Region

Johnston

MLS | Web ID

10170154

Features
General
Sewer Septic Tank
Heating Central Electric Forced Air
Cooling Central Air Electric Heat Pump
Roof Shingle
Appliances Built-In Electric Oven Dishwasher Gas Cooktop Gas Water Heater Microwave Stainless Steel Appliance(s) Tankless Water Heater Wall Oven
HOA Fee 1900
Garage Spaces 3
Association Fee Includes Road Maintenance
Patio/Porch Features Covered Front Porch Porch Rear Porch
Architectural Style Farmhouse Transitional
Construction Materials Board & Batten Siding Fiber Cement Stone
Year Built 2023
Stories Count 1
Levels One and One Half
Property Subtype Single Family Residence
Community Features Fishing Gated Lake
Assoc Fee Paid Per Annually
County Johnston
New Construction false
Property Type Residential
Association Amenities Boat Dock Boating Gated Jogging Path Trail(s)
HOA true
Attached Garage true
Subdivision Name Lake Magnolia
Garage Y/N true
Total Rooms 10
Full Baths 3
Status Active
Directions From Raleigh - Take I-40 East to exit 319 L onto Hwy 210 towards Smithfield. Travel about 5 miles L into Subdivision onto Lake Magnolia Way (brown split rail fence)
High School Johnston - Cleveland High School
City Smithfield
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 77972
Elementary School Johnston - West Smithfield Elementary
Tax Annual Amount 3763.45
Middle/Junior High School Johnston - Swift Creek Middle School
Virtual Tour https://listings.lighthousevisuals.com/videos/019ce873-be6c-72ae-b3ea-4be520825948?v=413
Structure Type House Site Built
Standard Status Active
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Interior
Interior Amenities 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
Flooring Ceramic Tile Hardwood Luxury Vinyl
Fireplace Features Family Room Gas Log
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2983
Half Baths 0
Laundry Features Laundry Room Main Level Sink
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Fenced Yard Private Yard
Fencing Back Yard Partial
Parking Features Concrete Garage
Lot Features Back Yard Corner Lot Cul-De-Sac Hardwood Trees Landscaped Partially Cleared Private
Water Source Public
Lot Size Area 1.79
Foundation Details Stone Crawlspace
Building Area Total 2983
Lot Size Acres 1.79
Road Surface Type Paved
Road Frontage Type Private Road
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* Excluded Features
List By
Kristie DeVaney

Listing Agent

Devaney Realty

Broker

raleighrealtor1@aol.com

Email

Affordability Calculator

$5,177
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Johnston - Cleveland High School High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$749,500 Listed Price

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742 Lake Magnolia Way, Smithfield, NC, 27577 is a Single Family Home for sale at $749,500 with 2,983 sqft and a lot size of 1.79. 742 Lake Magnolia Way has 4 bedrooms, 3.0 baths, and was built in 2023. The property's zip code is 27577 which is in Smithfield, NC