#10095272, Sue Tabor, Listing office: Allen Tate/Raleigh-Glenwood
390 Lake Magnolia Way Smithfield, NC 27577
Property details
About 390 Lake Magnolia Way
**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!
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Bar Fridge, Dishwasher, Electric Oven, Gas Oven, Range, Refrigerator, Gas Range, Ice Maker, Microwave, Plumbed For Ice Maker, Water Heater, Range Hood, Tankless Water Heater, Wine Cooler
- Basement: No
- Flooring Type: Hardwood, Tile
- Interior: 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
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- View: Lake, Meadow, Trees/Woods
- Exterior: Deck, Porch Front, Porch, Screened Porch, Boat Dock, Outdoor Shower, Playground, Gutters
- Architectural Style: Farmhouse
- Heating: Fireplace(s), Propane
- Cooling: Ceiling Fan(s), Central Air
- List Price: $760,000
- Price/SqFt: $287
- HOA Amount: $1735 Annually
- Annual Tax Amount: $3,830
- Tax Year: 2024
- Lot: Few Trees, Landscaped, Views, Waterfront
- Directions: From Smithfield: Head southwest on US-301 S / NC-96 / S Brightleaf Blvd toward Circle Dr 2.7 mi Turn right onto Packing Plant Rd 0.2 mi Turn right onto Galilee Rd 2.6 mi Turn left onto NC-210 / NC Highway 210 2.1 mi Turn right onto Lake Magnolia Way From Benson: Head east on Highway 210 toward Smithfield. Stay on Highway 210 for approximately 10 miles. Turn left onto Lake Magnolia Way. From Garner: Take I-40 East / US-70 East and head toward Benson / Smithfield 13.0 mi At Exit 319, head right on the ramp for NC-210 toward Angier / Smithfield 0.2 mi Turn left onto NC-210 / NC Highway 210 7.3 mi Turn left onto Lake Magnolia Way
- Year Built: 2008
- Living Area: 2,643 SqFt
- Lot Size: 2.04 Acres
- MLS Number: 10100043
- MLS Name: Doorify MLS
- Office Name: Real Broker, LLC
- Office Phone: (919) 348-2585
- Office Email: NCBroker@therealbrokerage.com
- Listing Agent: Ashley Ledin Frost
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 03, 2023 | Home Sold | $400,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $472,880 | $3,830 |
2023 | $472,880 | $3,759 |
2022 | $472,880 | $3,948 |
2021 | $472,880 | $3,830 |
2020 | $472,880 | $3,972 |
2019 | $472,880 | $3,972 |
2018 | $477,000 | $4,102 |
2017 | $477,000 | $4,102 |
History based on county public records data.
Nearby schools
5
West Smithfield Elementary School
Public District KG-5
2.1 mi
•2665 Galilee Rd
6
Four Oaks Elementary School
Public District KG-5
4.2 mi
•180 W Hatcher St
2
South Smithfield Elementary School
Public District PK-5
4.8 mi
•201 W Sanders St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,256. Residents of Smithfield, NC typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 390 Lake Magnolia Way
The listing price of 390 Lake Magnolia Way property is $760,000.
The property 390 Lake Magnolia Way is a house located in Smithfield, North Carolina, 27577.
Active Listing: 390 Lake Magnolia Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 390 Lake Magnolia Way are: West Smithfield Elementary School (GreatSchools Rating 5/10), Four Oaks Elementary School (GreatSchools Rating 6/10), South Smithfield Elementary School (GreatSchools Rating 2/10), Swift Creek Middle School (GreatSchools Rating 4/10), Four Oaks Middle School (GreatSchools Rating 6/10), The Innovation Academy at South Campus (GreatSchools Rating 9/10), Cleveland High School (GreatSchools Rating 5/10), Choice Plus Academy (GreatSchools Rating 1/10), West Johnston High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $3,830 (source: MLS/based on county public records data).
The last sale was on October 3, 2023 for $400,000 (source: MLS/tax record).
The property at 390 Lake Magnolia Way has 4 bedrooms and 3 bathrooms.
The property 390 Lake Magnolia Way is 2,643 SqFt (source: MLS/tax record).
The year of construction for 390 Lake Magnolia Way is 2008.
This home is located at 390 Lake Magnolia Way in Smithfield, NC and zip code 27577 in the Lake Magnolia neighborhood. This 2,643 square foot home, which was built in 2008, sits on a 2.04 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $760,000.
Over 2 listings were sold over their listed price in June 2025 in Smithfield, NC. In the same period over 18 listings were sold below the listed price and 13 listings were sold for the listed price. The number of listings in Smithfield, NC increased by 7.3% between May and June 2025. While the average time on the market in June 2025 was 71 days, the median list price was $319,900.