$749,500
 $4,023 est/mo Sourced by Back At You

742 Lake Magnolia Way,Smithfield, NC 27577

Smithfield, NC 27577

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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.

Details

MLS #10170154
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2023
Days On Site151
Listing Provided ByDeVaney Realty | Kristie DeVaney

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,983
Garage3
Story(s)1
Acreage1.79

Interior

Interior FeaturesDouble Vanity, Entrance Foyer, High Ceilings, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Walk-in Closet(s), Living/Dining Room Combination, Separate Shower, Walk-in Shower, Quartz Counters, Smooth Ceilings
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Electric, Heat Pump
Fireplace FeaturesFamily Room, Gas Log
Fireplace Yes / NoYes
Laundry FeaturesLaundry Room, Main Level, Sink
Rooms Total10

Exterior

Exterior FeaturesPrivate Yard, Fenced Yard
RoofShingle
Foundation DetailsStone, Crawlspace
Lot FeaturesBack Yard, Cul-De-Sac, Corner Lot, Landscaped, Private, Hardwood Trees, Partially Cleared
Community FeaturesFishing, Gated, Lake
Construction MaterialsBoard & Batten Siding, Fiber Cement, Stone
Security FeaturesGated Community
Patio And Porch FeaturesCovered, Front Porch, Porch, Rear Porch

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes
Parking FeaturesConcrete, Garage

Location

Association AmenitiesBoating, Boat Dock, Gated, Jogging Path, Trail(s)
Community FeaturesFishing, Gated, Lake

Utilities

SewerSeptic Tank

Taxes

Tax Assessed Value592670
Tax Legal DescriptionLot 16 Lake Magnolia 69/452 1663
Tax Year2026
Tax Map Number16

Other

Accessibility FeaturesNo

Area Information

StateNC
CountyJohnston
CitySmithfield
Zip Code27577
AreaJohnston
Community NameLake Magnolia
School DistrictJohnston - Cleveland High School
Elementary SchoolJohnston - West Smithfield Eleme
High SchoolJohnston - Cleveland High School
Listing VS Median (in Lake Magnolia)
Price:
$749,500
low | high
Med:
$906,750
29.019346230821% of Average
sqft:
2,983
low | high
Med:
3,790
22.946697955079% of Average
$ / sqft:
$251
low | high
Med:
$241
53.940550316845% of Average
On site:
151
low | high
Med:
187.5
80.533333333333% of Average
Sourced by Back At You

Market Activity 27577

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Learn More About This Property

StateNC
CountyJohnston
CitySmithfield
Zip Code27577
AreaJohnston
Community NameLake Magnolia
School DistrictJohnston - Cleveland High School
Elementary SchoolJohnston - West Smithfield Eleme
High SchoolJohnston - Cleveland High School
Listing VS Median (in Lake Magnolia)
Price:
$749,500
low | high
Med:
$906,750
29.019346230821% of Average
sqft:
2,983
low | high
Med:
3,790
22.946697955079% of Average
$ / sqft:
$251
low | high
Med:
$241
53.940550316845% of Average
On site:
151
low | high
Med:
187.5
80.533333333333% of Average
Sourced by Back At You
Listing Updated: October 25, 2026 at 1:23:14 PM PDT
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