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About This Home
This 4-bedroom, 3-bathroom single family at 742 Lake Magnolia Way in Smithfield, NC is listed for $769,500 ($258 per sqft). Built in 2023, the home offers 2,983 sqft of living space on a 1.79 acres lot.
DISCOVER LAKE MAGNOLIA - A PRIVATE GATED LAKE COMMUNITY - Nestled on a spacious corner lot at the end of a private street, you'll find this beautifully crafted Four-bedroom, Three- bath home. Modern style meets bold design with its contemporary black framed windows and dark exterior color palette.
The natural wood accents on the covered front porch creates a balanced and inviting look. Inside you'll find a bright open concept floor plan. The seamless flow into the main living areas and separate dining room creates an ideal setting for everyday living and entertaining.
Walls of windows fill the home with natural light and timeless touches like hardwood floors and a stone surround gas log fireplace enhance the home's style. The gourmet kitchen is a true centerpiece, featuring high-end finishes with striking quartz countertops, an expansive island provides space for meal prep or casual dining.
White subway tile reflects the light and adds texture. Built-in appliances, a deep basin Stainless Steel farm sink, a five-burner gas cooktop and walk-in pantry aid in kitchen functionality. On the main floor the primary suite offers a private retreat overlooking the back yard and wooded backdrop.
The ensuite bathroom has a large walk-in shower, dual walk-in closets, providing personalized space. An additional main floor bedroom and bath provide flexibility for guests or multigenerational living. This flexible plan also offers a dedicated main level office!
Upstairs you'll find a bright loft with endless solutions for your lifestyle needs. Two additional spacious bedrooms, one with its own ensuite bathroom. Enhanced LVP provides a durable and quieter flooring solution. In addition is a large storage room.
All bedrooms in the home have walk-in closets. Outside the covered back porch offers a retreat for all seasons. The Three- Car garage offers ample parking space and recreational gear storage. This Lakeside community is paired with scenic trails winding around the lake and often alongside a tranquil creek.
One of the community's standout features is the power boat provided by the HOA. Whether you enjoy boating, kayaking, fishing...or just a peaceful stroll around the lake, you'll enjoy the natural beauty and recreation this community offers.
Key Features
- Built in 2023
- 1.79 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$6,015/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
742 Lake Magnolia Way
Smithfield, NC 27577
Lake Magnolia
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom single family at 742 Lake Magnolia Way is listed at $769,500 ($258/sqft). The estimated monthly payment is $5,235 based on 20% down at 6.5% interest.
HOA fees are $1900/month.
Key features include: Built in 2023, 1.79 acre lot, Fireplace. Interior Features: Double Vanity, Dual Closets, Entrance Foyer. Exterior Features: Fenced Yard, Private Yard.
This property is listed by Kristie DeVaney and can be reached at 9192806171 or raleighrealtor1@aol.com.








