Curious about this home?

Ask anything — no agents, no pressure

Try asking

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.

Agent Description

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

1 story
3 full
2023

Amenities

FireplaceHardwoodA/C

Monthly Cost Estimate

$6,015/mo

20% down · 6.5% · 30 years

Principal$557
Interest$3,335
Insurance$224
HOA$1,900

Estimates only. Actual payments may vary.

Location

742 Lake Magnolia Way

Smithfield, NC 27577

Lake Magnolia

Features & Amenities

Interior Features

Double VanityDual ClosetsEntrance FoyerHigh CeilingsKitchen IslandLiving/Dining Room CombinationOpen FloorplanPantryPrimary DownstairsQuartz CountersSeparate ShowerSmooth CeilingsWalk-In Closet(s)Walk-In Shower

Exterior Features

Fenced YardPrivate Yard

Property Details

Flooring

VinylTile - CeramicHardwood

Construction

Board & Batten Siding Fiber Cement Stone

Pool Features

Porch

Parking

Garage

Heating

Electric (Heating)CentralForced Air

Cooling

Heat PumpCentral AirElectric

Appliances

Built-In Electric OvenDishwasherGas CooktopGas Water HeaterMicrowaveStainless Steel Appliance(s)Tankless Water HeaterWall Oven

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.

KD

Kristie DeVaney

Agent at DeVaney Realty

(919) 280-6171

Listed by DeVaney Realty · View on Broker Site

MLS# 10170154· Source: listhub· Updated 4 days ago

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

742 Lake Magnolia Way, Smithfield, NC 27577

Open this listing in: