194 Oliver Way, Dadeville, AL 36853 - Lake Martin Voice - Lake Martin Real Estate - Waterfront Homes, Lots, Property For Sale

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194 Oliver Way, Dadeville, AL 36853

$1,490,000
Property Type: Residential Bedrooms: 4 Baths: 5 Status: Closed
Current Price: $1,490,000 List Date: 7/09/2025 Last Modified: 8/17/2025

Description

Lot 35 is a premier, waterfront homesite in Phase 2 of Magnolia Cove—offering a rare combination of privacy, panoramic views, and elevated lakefront design. Custom-designed by renowned architect Mitch Ginn, the Acacia Plan features approx. 2,500 square feet, with 4 bedrooms and 4.5 bathrooms, including two bedrooms on the main level. The layout maximizes livability and storage, making it equally suited for full-time living or luxurious weekend escapes. This property includes access to a private dock shared only with Lot 34, plus (2) dedicated mooring points for watercraft—ideal for boats, jet skis, or lake toys. With incredible long-range views of Lake Martin.

Supplements: Magnolia Cove is a stunning master-planned waterfront and water-access community nestled in the vibrant Blue Creek area of Dadeville. Residents enjoy unparalleled convenience, exceptional amenities, and a scenic setting ideal for making lifelong memories. At the heart of the community is the Magnolia Cove Swim Club, featuring: " Zero-entry pool & hot tub " Wood-burning stone fireplaces " TVs, Wi-Fi, bathrooms & showers " Covered pavilion for year-round use Additional highlights include: " Gated access to the pool area " Private dog park " Future storage units and commercial conveniences " Interconnected nature trails (planned) " All grounds, docks, and community amenities maintained by HOA Just minutes from Lake Martin's top restaurants and attractions by boat or car, Magnolia Cove is as accessible as it is beautiful. Short-term rentals are allowed, making this a strong investment opportunity or ideal vacation home. Only 25 minutes to Auburn University - perfect for game day weekends and year-round events.

More Information MLS# 25-1946

Address Information

Map Zone: 1 House Number: 194 Street Name: Oliver Street Suffix: Way State/Province: AL Postal Code: 36853 County: Tallapoosa Geo Lat: 32.727165 Geo Lon: -85.792786

Contract Information

Financing: Conventional Photo Available: Y Occupant: Owner Deeded: Deeded Current Price: $1,490,000 Begin Date: 2025-07-08 Status: Closed List Price: $1,490,000 Sold Date: 2025-08-15

General Property Description

Rentals Allowed Y/N: Yes Rental Term Allowed: Nightly Waterfront: Yes Lake Name: Lake Martin Golf Course: N Condo/Villa/Townhouse: None Garage Stall: 0 Lot Remarks: Flat waterfront lot Condo Y/N: No Condo Name: N/A Townhouse Y/N: No Townhouse Name: N/A Villa Y/N: No Villa Name: N/A New Construction: Yes Style: Craftsman Garage Remarks: Parking Pad New Development Y/N: Yes Mfd Home: No Property Sub Type: Single Family Residence Total Bedrooms: 4 Total Bathrooms: 5 Year Built: 2025 Stories: 2

Directions & Remarks

Hot Sheet Comment: new

Waterfront Features

Boat Slip: 1 Seawall: 1

Foundation

Slab: 1

Floors

Luxury Vinyl Plank/Tile: 1

Utilities/Fuel

Alabama Power: 1

Sewage

Community Sewer: 1

Water

Walnut Hill Wtr Assn: 1

Exterior

Covered Patio: 1

Miscellaneous

Fees: 1800 yearly Restrictions: Magnolia Cove C&R

Legal and Taxes

Parcel Number: 62 19 03 07 0 002 072.045 Subdivision: Magnolia Cove Area: 2(two) StillWaters/Barrons Bridge Schools: Call Superintendent

Directions Remarks

Directions: When traveling down Hwy 49S in Dadeville, Magnolia Cove will be on your right, past Niffer's on the Lake. Look for signage! In the Heart of Blue Creek at Lake Martin

Fireplace

Number of Fireplaces: 2

Property Features

Waterfront Features: Boat Slip; Seawall Foundation: Slab Floors: Luxury Vinyl Plank/Tile Sewage: Community Sewer Water: Walnut Hill Wtr Assn Exterior: Covered Patio
Listing Office: Lake Martin Realty - Willow Point
Listing Agent: Judith Jager
Last Updated: August - 17 - 2025
Information deemed reliable but not guaranteed.