About This Home

This 4-bedroom, 3-bathroom single family at 742 Lake Magnolia Way in Smithfield, NC is listed for $749,500 ($251 per sqft). Built in 2023, the home offers 2,983 sqft of living space on a 1.79 acres lot.

Key Features

  • Built in 2023
  • 1.79 acre lot
  • Fireplace

Property Details

1 story
3 full
3-car garage
2023

Amenities

FireplaceHardwoodA/C
Listing Description

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, whi

te 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.

Monthly Cost Estimate

$5,908/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,248
Insurance$219
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

HardwoodTile - CeramicVinyl

Construction

Board & Batten Siding Fiber Cement Stone

Outdoor Features

Porch

Parking

Garage

Heating

CentralForced AirElectric (Heating)

Cooling

Central AirHeat PumpElectric

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 $749,500 ($251/sqft). The estimated monthly payment is $5,909 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

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.

KD

Kristie DeVaney

Agent at DeVaney Realty

Listed by DeVaney Realty · Broker phone: (919) 280-6171 · View on Broker Site

MLS# 10170154· Source: Doorify MLS· 158 days on PropertySimple

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

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