Lake Magnolia Homes for Sale

Welcome to Lake Magnolia, a serene and picturesque subdivision nestled in the heart of Smithfield, North Carolina. This charming community offers a perfect blend of tranquility and modern living, making it an ideal place for families, retirees, and anyone looking to embrace a peaceful lifestyle.

Lake Magnolia is characterized by its stunning natural beauty, featuring lush greenery, scenic lake views, and beautifully landscaped properties. Residents enjoy the calming presence of the nearby lake, which provides ample opportunities for fishing, kayaking, and leisurely strolls along the water's edge. The community is designed with a focus on outdoor living, with walking trails and parks that encourage a healthy, active lifestyle.

The homes for sale in Lake Magnolia are a true reflection of the area's charm. From spacious single-family homes to cozy cottages, each property boasts unique architectural features and modern amenities. With various floor plans and designs to choose from, potential buyers can find the perfect home to suit their needs and preferences. Many of these homes offer open-concept layouts, gourmet kitchens, and beautifully landscaped yards, ideal for entertaining family and friends.

Located just a short drive from downtown Smithfield, residents have easy access to shopping, dining, and entertainment options. The community also benefits from excellent schools and a friendly atmosphere, making it a welcoming place to call home.

If you're looking for a slice of paradise in Johnston County, Lake Magnolia is the perfect place to settle down. Explore the available homes for sale today and discover the enchanting lifestyle that awaits you in this beautiful community!

Newest Lake Magnolia Homes for Sale

$559,000

5 Beds ⋅ 4 Baths ⋅ 10183152 MLS ⋅ ACTIVE Status

Welcome to 136 Sargents Street, a modern 2024-built home in Garner's Magnolia Park community. Offering 2,824 square feet, five bedrooms, and four full bathrooms, this spacious residence is thoughtfully designed for comfortable living and entertaining. The open-concept main level seamlessly connects the kitchen, dining area, and expansive great room. A private study provides dedicated workspace, while a main-floor guest bedroom and full bathroom offer flexibility for visitors or multigenerational living. Upstairs, a generous loft creates an additional living or entertainment space. The second floor also features four bedrooms, three full bathrooms, and a conveniently located laundry room. Luxury vinyl flooring, central air, energy-efficient electric heat-pump systems, and an attached two-car garage complete the home. Situated on a 0.17-acre lot with public utilities and easy access to local shopping, dining, and major roadways, this move-in-ready home delivers modern style, generous space, and everyday convenience.

136 Sargents St, Garner

$759,500

4 Beds ⋅ 3 Baths ⋅ 10170154 MLS ⋅ ACTIVE Status

DISCOVER LAKE MAGNOLIA - PRIVATE -16 LOTS IN GATED COMMUNITY - 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. 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.

742 Lake Magnolia Way, Smithfield

$1,099,000

4 Beds ⋅ 4 Baths ⋅ 10153152 MLS ⋅ ACTIVE Status

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.

246 Lake Magnolia Way, Smithfield

$239,500

3 Beds ⋅ 2 Baths ⋅ 1660804 MLS ⋅ ACTIVE Status

LOOKING FOR INVESTMENT (GREAT RENTAL) OR PERSONAL RESIDENCE. THREE BEDROOM/TWO BATH ATTACHED HOMEINTERIOR NEWLY PAINTED, NEW LVP FLOORING THROUGHOUTGREAT LOCATION. CLOSE TO SHOPPING, I-95, JACKSONVILLE INTERNATIONAL AIRPORT, BEAUTIFUL SANDY BEACHES OF FERNANDINA BEACH AND KINGSBAY NAVAL SUBMARINE BASE.

120 Magnolia Ct Ct, Kingsland

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .