Land Pic - 438 Lake Magnolia Way, Smithfield, NC 27577
Land Pic 2 - 438 Lake Magnolia Way, Smithfield, NC 27577
Land Pic 3 - 438 Lake Magnolia Way, Smithfield, NC 27577
Land Pic 4 - 438 Lake Magnolia Way, Smithfield, NC 27577
Land Pic 5 - 438 Lake Magnolia Way, Smithfield, NC 27577
Land Pic 7 - 438 Lake Magnolia Way, Smithfield, NC 27577
Land Pic 8 - 438 Lake Magnolia Way, Smithfield, NC 27577
Land Pic 9 - 438 Lake Magnolia Way, Smithfield, NC 27577
8 photos

$265,000

438 Lake Magnolia Way, Smithfield, NC 27577
Smithfield, NC 27577
Listed by Derek Wyatt · HTR Southern Properties
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

BUILDING LOT OPPORTUNITY! Pre-Sale Build to Suit! Located in the private, gated community of Lake Magnolia in Smithfield. This spacious 1.36-acre lot offers an additional 1.4 acres directly across the street! The property is cleared and ready for you to build your dream home. Residents enjoy access to the lake and community sports boat, along with miles of scenic trails to explore. Minimum 2,600 sq. ft. and 4-bedroom home to be built.

Property details

MLS
Doorify MLS
MLS #
10195097
Property type
Unimproved Land
Subdivision
Lake Magnolia
Status
Active
Days on market
23
On market date
September 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.76 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
West Smithfield Elementary
2.1 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
453
Student:teacher ratio
10.8:1
District
Johnston County Public Schools
Middle
Smithfield Middle
6.14 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
556
Student:teacher ratio
12.1:1
District
Johnston County Public Schools
High
Cleveland High
4.36 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,785
Student:teacher ratio
18.0:1
District
Johnston County Public Schools

Walkability

Blended score for Smithfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

16
Very car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Smithfield, from live MLS data.

On the market 23 days -- 90 fewer days than Smithfield's current average of 113 days.
For reference, the median list price across 290 active listings in Smithfield right now is $338,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,746/mo
$53,000 down
$212,000 loan
Principal & interest$1,375
Property tax (est.)$221
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 16 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.