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For sale
    • $769,500

    742 Lake Magnolia Way, Smithfield, NC 27577

    4beds
    2,983sqft
    : 
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    Single Family Residence, Residential
    Built in 2023
    1.79 Acres Lot
    $748,700 Zestimate®
    $258/sqft
    $158/mo HOA

    What's special

    Contemporary black framed windowsStriking quartz countertopsHigh-end finishesGourmet kitchenDark exterior colorsPrivate streetFive-burner gas range
    LAKE LIVING - PRIVATE -16 LOTS IN GATED COMMUNITY - At the end of a private street on 1.79 acres, you'll find this beautifully crafted Four-Bedroom Three-Bathroom Home. Primary suite, additional bedroom and office on main level!! Modern style meets bold design with contemporary black framed windows and dark exterior colors. Step inside to an inviting bright open concept floor plan! 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.
    50 days
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    464
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kristie DeVaney 919-280-6171,

    DeVaney Realty

    Source: Doorify MLS,MLS#: 10170154MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric, Forced Air
      Cooling
      • Central Air, Electric, Heat Pump
      Appliances
      • Included: Built-In Electric Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Stainless Steel Appliance(s), Tankless Water Heater, Oven
      • Laundry: Laundry Room, Main Level, Sink
      Features
      • Double Vanity, Dual Closets, Entrance Foyer, High Ceilings, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Pantry, Master Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
      • Flooring: Ceramic Tile, Hardwood, Vinyl
      • Has fireplace: Yes
      • Fireplace features: Family Room, Gas Log
      Interior area
      • Total structure area: 2,983
      • Total interior livable area: 2,983 sqft
      • Finished area above ground: 2,983
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Concrete, Garage
      • Attached garage spaces: 3
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Covered, Front Porch, Porch, Rear Porch
      • Exterior features: Fenced Yard, Private Yard
      • Fencing: Back Yard, Partial
      • Has view: Yes
      Lot
      • Size: 1.79 Acres
      • Features: Back Yard, Corner Lot, Cul-De-Sac, Hardwood Trees, Landscaped, Partially Cleared, Private
      Details
      • Parcel number: 15H08002V
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Farmhouse, Transitional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Board & Batten Siding, Fiber Cement, Stone
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2023

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Features: Fishing, Gated, Lake
      • Subdivision: Lake Magnolia
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Boating, Gated, Jogging Path, Trail(s)
      • Services included: Road Maintenance
      • HOA fee: $1,900 annually
      Location
      • Region: Smithfield

      Financial & listing details

      • Price per square foot: $258/sqft
      • Tax assessed value: $592,670
      • Annual tax amount: $3,763
      • Date on market: 5/28/2026
      • Road surface type: Paved

        Estimated market value

        $748,700

        $711,000 - $786,000

        $2,824/mo

        Price history

        DateEventPrice
        5/28/2026Listed for sale$769,500$258/sqft
        Source: Doorify MLS #10170154 Report a problem
        5/28/2026Listing removed$769,500$258/sqft
        Source: Doorify MLS #10152861 Report a problem
        4/23/2026Price change$769,500-0.7%$258/sqft
        Source: Doorify MLS #10152861 Report a problem
        3/14/2026Listed for sale$774,950+520%$260/sqft
        Source: Doorify MLS #10152861 Report a problem
        7/7/2023Sold$125,000-7.4%$42/sqft
        Source: Public Record Report a problem
        7/9/2009Sold$135,000$45/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,763 +6.3%$592,670 +35.6%
        2024$3,541 +218.1%$437,120 +212.2%
        2023$1,113 -4.8%$140,000
        2022$1,169 +3.1%$140,000
        2021$1,134 -3.6%$140,000
        2020$1,176 $140,000
        2019$1,176 -19.6%$140,000 -17.6%
        2018$1,462 $170,000
        2017$1,462 $170,000
        2016$1,462 $170,000
        2015$1,462 $170,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 27577

        Getting around

        5 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

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

        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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