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38 photos

$749,500

742 Lake Magnolia Way, Smithfield, NC 27577
Smithfield, NC 27577
Listed by Kristie DeVaney · DeVaney Realty
Bedrooms
4
Bathrooms
3
Living area
N/A
Year built
2023

About this home

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.

Highlights

Fireplace

Property details

MLS #
10170154
Property type
Single Family Residence
Subdivision
Lake Magnolia
Status
Active
Days on market
91
On market date
May 28, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
3
Parking spaces
N/A
Lot size
1.79 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
West Smithfield Elementary
2.36 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
6.29 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
4.07 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

Mortgage calculator

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Est. monthly payment
$4,664/mo
$149,900 down
$599,600 loan
Principal & interest$3,889
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 12 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.