About 246 Lake Magnolia Way
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 night. Surrounded by HOA owned land, the setting offers a heightened sense of privacy, protection, and long-term tranquility that's increasingly hard to find. Inside, every detail reflects intentional design and elevated comfort. Expansive, light filled living spaces flow effortlessly into a gourmet kitchen built for gathering. Multiple primary suites provide flexibility for multigenerational living or hosting guests with ease. Advanced smart tech HVAC zoning, HRV systems, and energy efficient construction ensure year round comfort, performance, and peace of mind. Outdoors, the experience continues wide open space, natural beauty, and a sense of retreat without isolation all just minutes from downtown Smithfield and a convenient drive to Raleigh. This isn't just a home. It's a private retreat. It's a water ski lifestyle. It's the life you've been working toward.
Features of 246 Lake Magnolia Way
| MLS® # | 10153152 |
|---|---|
| Price | $1,099,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 4,597 |
| Acres | 2.91 |
| Year Built | 2016 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Farmhouse, Modern |
| Status | Active |
Community Information
| Address | 246 Lake Magnolia Way |
|---|---|
| Subdivision | Lake Magnolia |
| City | Smithfield |
| County | Johnston |
| State | NC |
| Zip Code | 27577 |
Amenities
| Amenities | Boating, Boat Dock, Gated, Jogging Path, Playground, Stream Seasonal, Trail(s) |
|---|---|
| # of Garages | 3 |
| View | Trees/Woods |
| Waterfront | Lake, Lake Privileges |
| Has Pool | No |
Interior
| Interior Features | Bookcases, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Smart Thermostat, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower, Quartz Counters, Smooth Ceilings |
|---|---|
| Appliances | Bar Fridge, Dishwasher, Gas Oven, Gas Range, Stainless Steel Appliance(s), Tankless Water Heater, Wine Cooler |
| Heating | Fireplace(s), Heat Pump |
| Cooling | Central Air, Ceiling Fan(s), Humidity Control, Zoned |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Family Room, Wood Burning |
| # of Stories | 2 |
| Stories | Two |
| Has Basement | No |
Exterior
| Exterior Features | Outdoor Shower, Rain Gutters, Storage |
|---|---|
| Lot Description | Back Yard, Front Yard, Landscaped, Many Trees, Wooded, Hardwood Trees, Partially Cleared |
| Roof | Composition, Metal, Shingle |
| Construction | HardiPlank Type, Stone |
| Foundation | Crawlspace |
School Information
| Elementary | Johnston - West Smithfield Elementary |
|---|---|
| Middle | Johnston - Smithfield Middle |
| High | Johnston - Cleveland High School |
Additional Information
| Date Listed | March 16th, 2026 |
|---|---|
| Zoning | RAG |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 1900 |
| HOA Fees Freq. | Annually |
Listing Details
| Office | Choice Residential Real Estate |
|---|