Lake Magnolia Homes with Johnston - Cleveland High School

Welcome to Lake Magnolia, a picturesque subdivision nestled in the heart of Smithfield, North Carolina. Known for its serene landscapes and community spirit, Lake Magnolia offers an idyllic setting for families and individuals alike. With its charming homes and tranquil surroundings, this neighborhood is perfect for those seeking a peaceful retreat while still enjoying the conveniences of city life.

The homes in Lake Magnolia are thoughtfully designed, featuring modern amenities and spacious layouts that cater to a variety of lifestyles. Many properties boast beautiful views of the nearby lake, creating a serene backdrop for everyday living. With a range of options from cozy single-family homes to larger residences, there’s something here to suit every taste and budget.

One of the standout features of Lake Magnolia is its proximity to Johnston - Cleveland High School, making it an ideal location for families with school-aged children. The high school is known for its commitment to academic excellence and a wide array of extracurricular activities, ensuring that students receive a well-rounded education. Parents will appreciate the strong sense of community and the emphasis on fostering a supportive environment for young learners.

In addition to its educational benefits, Lake Magnolia is conveniently located near shopping, dining, and recreational facilities, offering residents easy access to everything they need. Whether you’re looking to enjoy a leisurely day by the lake, explore local parks, or indulge in the vibrant culture of Smithfield, Lake Magnolia is the perfect place to call home. Come discover the charm and beauty of this wonderful subdivision today!

Newest Lake Magnolia Homes with Johnston - Cleveland High School

$749,500

4 Beds ⋅ 3 Baths ⋅ 10170154 MLS ⋅ ACTIVE Status

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, 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. 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.

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 .