Lake Magnolia Homes with Johnston - West Smithfield Elementary Elementary School

Welcome to Lake Magnolia, an enchanting subdivision nestled in the heart of Smithfield, North Carolina. This picturesque community offers a serene blend of natural beauty and modern conveniences, making it the perfect place for families, retirees, and everyone in between. With its tranquil lakeside views and lush greenery, Lake Magnolia invites residents to embrace a lifestyle of relaxation and community spirit.

One of the standout features of Lake Magnolia is its proximity to Johnston - West Smithfield Elementary School, making it an ideal location for families with young children. Parents can take comfort knowing that their kids have access to quality education just a stone's throw away. The school is renowned for its dedicated staff and engaging curriculum, fostering a nurturing environment where children can thrive academically and socially.

The homes in Lake Magnolia boast a variety of architectural styles, catering to diverse tastes and preferences. From charming single-family homes to modern townhouses, there’s something for everyone in this vibrant neighborhood. Many properties feature spacious yards, perfect for summer barbecues, gardening, or simply enjoying the great outdoors.

In addition to its family-friendly atmosphere, Lake Magnolia offers easy access to local amenities, including shopping, dining, and recreational activities. Residents can explore nearby parks, take leisurely strolls around the lake, or enjoy community events that foster camaraderie and connection among neighbors.

Whether you’re looking to settle down or invest in a new home, Lake Magnolia is a community that promises a fulfilling lifestyle in the heart of Smithfield. Come discover the charm of Lake Magnolia, where every day feels like a getaway!

Newest Lake Magnolia Homes with Johnston - West Smithfield Elementary Elementary School

$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

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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 .