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

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198 Oliver Way, Dadeville, AL 36853

$899,000
Property Type: Residential Bedrooms: 4 Baths: 2.5 Status: Active with Contingency
Current Price: $899,000 List Date: 8/04/2025 Last Modified: 8/27/2025

Description

Waterfront Living at Magnolia Cove - Lot 36 | The Poppy + Plan Introducing Lot 36 at Magnolia Cove, a rare opportunity to own a true waterfront home in one of Lake Martin's most sought-after new developments. This thoughtfully expanded Poppy Plus Plan offers just over 1,900 sq ft of stylish, efficient living space—all nestled on a gently sloping waterfront lot. Designed for flexibility and comfort, the home features 4 bedrooms, including a versatile bonus/flex room ideal for guests, a media room, or home office. The open-concept main living area is perfect for entertaining, while expansive windows frame peaceful lake views throughout.

Supplements: Enjoy seamless lake access with your own private boardwalk scheduled for construction soon offering direct, exclusive connection to the water just steps from your backyard. Key Features: - 4 Bedrooms / 2.5 Baths including bonus/flex room - 1,751+ sq ft of well-designed living space - Waterfront lot with gentle slope and peaceful setting - Private boardwalk to be constructed - Located within Magnolia Cove's amenity-rich master-planned community - Access to swim club, firepit pavilion, dog park, and more Short-term rentals allowed - great for investment potential Whether you're seeking a full-time lake residence, weekend escape, or STR-ready investment, Lot 36 delivers on all fronts waterfront access, flexibility, and lifestyle.

More Information MLS# 25-2035

Address Information

Map Zone: 1 House Number: 198 Street Name: Oliver Street Suffix: Way State/Province: AL Postal Code: 36853 County: Tallapoosa Geo Lat: 32.727085 Geo Lon: -85.793795

Contract Information

Contingent Upon: Inspection Photo Available: Y Occupant: Vacant Deeded: Deeded Current Price: $899,000 Begin Date: 2025-08-05 Status: Active with Contingency List Price: $899,000

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: Lot 36 Private Boardwalk Floorplan: The Poppy (+) Builder: Blue Creek Building, LLC. 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: Lake Home Garage Remarks: Parking Pad New Development Y/N: Yes Mfd Home: No Property Sub Type: Single Family Residence Total Bedrooms: 4 Total Bathrooms: 2.5 Year Built: 2025 Stories: 2

Directions & Remarks

Hot Sheet Comment: new

Waterfront Features

Pier: 1 Waterfront Footage: 99.42 +/-

Foundation

Crawl Space: 1

Fireplace

Gas: 1 Number of Fireplaces: 1

Utilities/Fuel

Alabama Power: 1

Sewage

Community Sewer: 1

Water

Walnut Hill Wtr Assn: 1

Miscellaneous

Fees: $1,800/YR + Sewer Restrictions: Magnolia Cove CCR

Legal and Taxes

Parcel Number: 19 03 07 0 002 072.046 Subdivision: Magnolia Cove Area: 2(two) StillWaters/Barrons Bridge Schools: Call Superintendent

Directions Remarks

Directions: Take First Left into Phase 2 --> Go to end --> Take right before end into split driveways. From the corner of State HWY 34/State HWY 49, head south on State HWY 49 approximately 2.5 miles. Magnolia Cove is on the right. Look for signs. From the corner of State HWY 49/ State HWY 50, head north on State HWY 49 approximately 2 miles. Magnolia Cove is on the left. Look for signs.

Property Features

Waterfront Features: Pier Foundation: Crawl Space Fireplace: Gas Sewage: Community Sewer Water: Walnut Hill Wtr Assn
Listing Office: Lake Martin Realty - Willow Point
Listing Agent: Adam Yager
Last Updated: August - 27 - 2025
Information deemed reliable but not guaranteed.