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Sold for $715,000
  • $715,000

    390 Lake Magnolia Way, Smithfield, NC 27577

    4beds
    2,643sqft
    Single Family Residence, Residential
    Built in 2008
    2.04 Acres Lot
    $693,200 Zestimate®
    $271/sqft
    $2,514 Estimated rent

    Home value

    $693,200

    $652,000 - $735,000

    $2,514/mo

    Zestimate® history
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    What's special

    Beautifully designed interiorStylish pot fillerDedicated home officeHigh-end appliancesSpacious bedroomsSeamless flow between spacesQuartz countertops
    **Sellers Motivated and offering up to $10,000.00 in concessions with accepted offer!** Luxury, Serenity, and Waterfront Living Await: Welcome to a breathtaking retreat where modern elegance meets the tranquility of nature. This exceptional estate is the perfect blend of sophistication and outdoor adventure, offering everything you need to live in comfort, entertain with ease, and enjoy a picturesque lakeside lifestyle. This home consists of two lots (5A-5B) totaling 2.04 acres. Nestled in the peaceful countryside just off Highway 210, this stunning home ensures effortless access to the charming towns of Smithfield, Four Oaks, and Benson—while still providing the privacy and serenity of a secluded escape. Step inside to discover a beautifully designed interior featuring four spacious bedrooms and three full bathrooms, ensuring ample space for family and guests. A dedicated home office offers convenience for remote work, while the built-in bar with wine fridge makes entertaining a dream. The heart of the home is the chef's kitchen, designed to impress. With quartz countertops, a stylish pot filler, custom cabinets packed with smart features, and high-end appliances, cooking becomes an experience rather than a task. Every detail has been thoughtfully curated for function and style. Outside, an exclusive water ski lake sets this property apart. Enjoy boating privileges (subject to HOA approval and training), soak up the sunshine on the water, and rinse off in the outdoor shower—the perfect way to end a day of adventure. Relax and unwind on the expansive screened-in porch and deck, offering breathtaking views of the lake. Whether sipping your morning coffee or hosting a sunset gathering, this outdoor space enhances the home's charm and connection to nature. Additional premium upgrades elevate this home even further: Underground propane tank for efficient energy use, new flooring throughout, a beautifully renovated primary ensuite for ultimate relaxation, refreshed exterior paint and siding to enhance curb appeal, and the list goes on! Designed for effortless living and unforgettable gatherings, this open-concept home offers a seamless flow between spaces—so whether you're hosting guests or enjoying a quiet evening, every moment is infused with comfort and style. This is more than a house—it's a lifestyle. Don't miss the chance to make this stunning property your forever home. Schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Ledin Frost 480-745-4237,

    Real Broker, LLC

    Bought with:

    Ashley Ledin Frost, 354687

    Real Broker, LLC

    Source: Doorify MLS,MLS#: 10100043MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Fireplace(s), Propane
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Bar Fridge, Dishwasher, Electric Oven, Free-Standing Gas Oven, Free-Standing Range, Free-Standing Refrigerator, Gas Range, Ice Maker, Microwave, Plumbed For Ice Maker, Water Heater, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
    • Laundry: Electric Dryer Hookup, Laundry Room, Main Level
    Features
    • Beamed Ceilings, Bookcases, Built-in Features, Ceiling Fan(s), Dry Bar, High Ceilings, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Quartz Counters, Recessed Lighting, Separate Shower, Smart Thermostat, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
    • Flooring: Hardwood, Tile
    • Doors: French Doors
    • Basement: Crawl Space
    Interior area
    • Total structure area: 2,643
    • Total interior livable area: 2,643 sqft
    • Finished area above ground: 2,643
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached, Open
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch, Rear Porch, Screened
    • Exterior features: Dock, Outdoor Shower, Playground, Rain Gutters
    • Has view: Yes
    • View description: Lake, Meadow, Trees/Woods
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront
    Lot
    • Size: 2.04 Acres
    • Features: Few Trees, Landscaped, Views
    Details
    • Parcel number: 15H08002K / 15H08003K
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Single Family Residence, Residential
    Materials
    • Fiber Cement, HardiPlank Type, Stone
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Septic Connected, Water Connected, Propane

    Community & HOA

    Community
    • Features: Fishing, Gated, Lake, Playground
    • Subdivision: Lake Magnolia
    HOA
    • Has HOA: Yes
    • Amenities included: Boat Dock, Boating, Gated, Jogging Path, Picnic Area, Playground
    • Services included: Maintenance Grounds, Road Maintenance
    • HOA fee: $1,735 annually
    Location
    • Region: Smithfield

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $655,680
    • Annual tax amount: $3,830
    • Date on market: 5/31/2025
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    10/30/2025Sold$715,000-4.5%$271/sqft
    Source: Doorify MLS #10100043 Report a problem
    10/3/2025Pending sale$748,500$283/sqft
    Source: Doorify MLS #10100043 Report a problem
    9/3/2025Price change$748,500-1.5%$283/sqft
    Source: Doorify MLS #10100043 Report a problem
    5/31/2025Listed for sale$760,000$288/sqft
    Source: Doorify MLS #10100043 Report a problem
    5/31/2025Listing removed$760,000$288/sqft
    Source: Doorify MLS #10085871 Report a problem
    5/16/2025Price change$760,000-1.9%$288/sqft
    Source: Doorify MLS #10085871 Report a problem
    4/17/2025Price change$775,000-1.9%$293/sqft
    Source: Doorify MLS #10085871 Report a problem
    3/31/2025Listed for sale$790,000+522%$299/sqft
    Source: Doorify MLS #10085871 Report a problem
    7/11/2007Sold$127,000$48/sqft
    Source: Doorify MLS #908414 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,164 +8.7%$655,680 +38.7%
    2024$3,830 +1.9%$472,880
    2023$3,759 -4.8%$472,880
    2022$3,949 +3.1%$472,880
    2021$3,830 -3.6%$472,880
    2020$3,972 $472,880
    2019$3,972 -3.2%$472,880 -0.9%
    2018$4,102 $477,000
    2017$4,102 $477,000
    2016$4,102 $477,000
    2015$4,102 $477,000
    2014-- $477,000
    2013-- $477,000
    2012-- $477,000
    2011-- $477,000
    2010-- --
    2009-- --
    Find assessor info on the county website

    Neighborhood: 27577

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnston - W Smithfield
    • Middle: Johnston - Swift Creek
    • High: Johnston - Cleveland

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $693,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $693,200