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About This Home

This 4-bedroom, 4-bathroom single family at 246 Lake Magnolia Way in Smithfield, NC is listed for $1,145,000 ($249 per sqft). Built in 2016, the home offers 4,597 sqft of living space on a 2.91 acres lot.

Agent Description

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.

Key Features

  • Built in 2016
  • 2.91 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
3 full, 1 half
2016

Amenities

FireplaceWaterfrontA/C

Monthly Cost Estimate

$8,024/mo

20% down · 6.5% · 30 years

Principal$828
Interest$4,962
Insurance$334
HOA$1,900

Estimates only. Actual payments may vary.

Location

246 Lake Magnolia Way

Smithfield, NC 27577

Lake Magnolia

Features & Amenities

Interior Features

BookcasesCeiling Fan(s)Crown MoldingDouble VanityEat-in KitchenHigh CeilingsKitchen IslandPantryPrimary DownstairsQuartz CountersSmart ThermostatSmooth CeilingsSoaking TubStorageWalk-In Closet(s)Walk-In Shower

Exterior Features

Outdoor ShowerRain GuttersStorage

Property Details

Flooring

CarpetTile - CeramicWood

Construction

HardiPlank Type Stone

Pool Features

PorchDeck

Heating

Heat Pump (Heating)Fireplace(s)

Cooling

ZonedCeiling Fan(s)Central AirHumidity Control

Appliances

Bar FridgeDishwasherGas OvenGas RangeStainless Steel Appliance(s)Tankless Water HeaterWine Cooler

Questions & Answers

This 4-bedroom, 4-bathroom single family at 246 Lake Magnolia Way is listed at $1,145,000 ($249/sqft). The estimated monthly payment is $6,862 based on 20% down at 6.5% interest.

HOA fees are $1900/month.

Key features include: Built in 2016, 2.91 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: Bookcases, Ceiling Fan(s), Crown Molding. Exterior Features: Outdoor Shower, Rain Gutters, Storage.

This property is listed by Ashley Ledin Frost and can be reached at 4807454237 or ashley@ashleyfrostrealty.com.

AF

Ashley Ledin Frost

Agent at Choice Residential Real Estate

(480) 745-4237

Listed by Choice Residential Real Estate · View on Broker Site

MLS# 10153152· Source: listhub· Updated 77 days ago

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246 Lake Magnolia Way, Smithfield, NC 27577

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