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 vibrant community offers a perfect blend of serene living and modern conveniences, making it an ideal choice for families, retirees, and everyone in between. With its picturesque setting, Lake Magnolia features beautifully designed homes that harmonize with the natural landscape, providing residents with a tranquil retreat just minutes away from the bustling city.

One of the standout features of Lake Magnolia is its proximity to Johnston - West Smithfield Elementary School, making it an excellent choice for families with young children. The school is known for its dedicated staff, enriching curriculum, and a welcoming atmosphere that fosters learning and growth. Parents will appreciate the short commute, allowing for more quality time with their little ones.

The subdivision is not only family-friendly but also offers a plethora of recreational activities. Residents can enjoy scenic walking trails, peaceful lakeside views, and community parks perfect for picnics and outdoor gatherings. Lake Magnolia’s inviting atmosphere encourages neighbors to connect and build lasting friendships, creating a sense of belonging that is hard to find elsewhere.

Conveniently located near shopping, dining, and entertainment options, Lake Magnolia ensures you’re never far from what you need. With easy access to major highways, commuting to nearby cities is a breeze. Discover the charm and comfort of Lake Magnolia, where community spirit meets suburban bliss, and make it your home today!

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