Veterans: Check $0 Down Payment Requirements
$1,150,000

246 Lake Magnolia Way, Smithfield, NC 27577

  • 4 beds |
  • 4 baths |
  • 4,597 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2016
  • Property Lot Size Icon2.91acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $250/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Rare lakeside retreat on nearly 3 private acres! A home where high performance construction meets everyday comfort. Enjoy the views of this premiere 3 event tournament lake right from the large screened in deck! Explore the wooded walking trails that begin near the back of the property. Two spacious primary suites (one on the main level), the media/movie room includes its own mini‑split, remote controlled projector and screen, and a removable theater platform. HUGE BONUS: HOA fee includes use of the community boat that is upgraded every few years. Built with intention and efficiency, the heated and cooled garage offers 13ft ceilings, high‑lift doors (car lift ready), 120V & 240V outlets, as well as an extensive French cleat storage system throughout, a mechanic or car enthusiast's dream! This home features 2x6 exterior walls for superior insulation and sound reduction, a five zone HVAC system with insulated interior walls for optimal temperature and noise control. The tightly sealed structure also includes two HRV systems that provide continuous fresh air and humidity management. Additional features include a conditioned crawl space with concrete slab, generator ready setup with a whole house breaker, and an Isokern wood burning fireplace with Green Tech catalytic combustor capable of heating much of the home. A rare opportunity for private, efficient, lakeside living.

Listing Status:
Active
Date Added:
January 2, 2026 at 06:00AM
Listing Office:
Real Broker, LLC : 919-348-2585
Listing Agent:
Ashley Ledin Frost : 480-745-4237
MLS ID:
10138891
  • General: Ceiling Fan(s)ChandelierCrown MoldingGranite CountersHigh CeilingsKitchen IslandKitchen/Dining Room CombinationLiving/Dining Room CombinationNatural WoodworkOpen FloorplanPantryRecessed LightingSeparate ShowerSoaking TubWalk-In Closet(s)Walk-In Shower
  • Appliances: Bar FridgeDishwasherENERGY STAR Qualified AppliancesGas OvenGas RangeRange HoodStainless Steel Appliance(s)Tankless Water HeaterWine Cooler
  • Laundry: Laundry RoomMain Level
  • Flooring: CarpetCeramic TileWood
  • A/C: Ceiling Fan(s)Central AirHumidity ControlZoned
  • Heating: Heat Pump
  • Fireplace: Family RoomWood BurningSee RemarksFireplaceFireplaces: 1
  • General: Outdoor ShowerRain GuttersStoragePoultry CoopShed(s)
  • Style: FarmhouseModern
  • Roofing: CompositionMetalShingle
  • General: HardiPlank TypeStone2
  • Road/Access: Private Road
  • HOA Amenities: Boat DockBoatingGatedJogging PathPowered Boats AllowedTrail(s)Road Maintenance1900.0Annually
  • Originating MLS: Triangle MLS
  • County: Johnston
  • Zoning: RAG15H08002G
  • Utilities: Cable AvailableCable ConnectedElectricity ConnectedPhone AvailableSeptic ConnectedWater ConnectedPropane
  • Water: Public
  • Sewer: Septic Tank
  • Source: Triangle MLS

This listing courtesy of Ashley Ledin Frost, Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

West Smithfield Elementary School

2665 Galilee Rd, Smithfield, NC, 27577

Grades KG-5

1.93 miles away

S

Swift Creek Middle School

325 Norris Rd, Clayton, NC, 27520

Grades 6-8

4.81 miles away

C

Cleveland High School

1892 Polenta Rd, Clayton, NC, 27520

Grades 9-12

4.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.