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

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285 Magnolia Way, Dadeville, AL 36853

$1,195,000
Property Type: Residential Bedrooms: 4 Baths: 3.5 Status: Closed
Current Price: $1,195,000 List Date: 5/16/2025 Last Modified: 8/08/2025

Overview

Description

Welcome to 285 Magnolia Way - Lakefront Luxury in Magnolia Cove Discover the ultimate in lakefront living at this furnished 4 bedroom, 3.5 bathroom retreat, located in the highly desirable Magnolia Cove community on Lake Martin. Designed by David Smelcer & Associates and completed in 2023, this Cottonwood Plan spans approximately 2,500 square feet and offers modern design, comfort, and turnkey convenience. This fully furnished home includes everything down to the pots and pans—ready for immediate enjoyment or as a premium investment property. Boasting a private dock, private beaching area, and exceptional rental history with just under $50,000 in last (12) months, the property is already active on the rental market (VRBO #3914410) and delivers instant value.

Supplements: Short-term rentals are allowed. Features include: - Open-concept living with upscale finishes - Lakefront views and direct water access - Fiber internet through Point Broadband; Utilities: Alabama Power, Walnut Hill Water Authority, and private sewer. Located in an amenity-rich swim club community with zero-entry pool, hot tub, dog park, and m ...

Listing Details MLS# 25-1733

Address Information

House Number
285
Street Name
Magnolia
Street Suffix
Way
State/Province
AL
Postal Code
36853
County
Tallapoosa
Map Zone
Yes

Contract Information

Begin Date
2025-05-17
Deeded
Deeded
Sold Date
2025-08-08
Financing
Conventional
Photo Available
Y
Occupant
Weekends

General Property Description

Property Sub Type
Single Family Residence
Rentals Allowed Y/N
Yes
Rental Term Allowed
Nightly
Waterfront
Yes
Lake Name
Lake Martin
Golf Course
N
Condo/Villa/Townhouse
None
Total Bedrooms
4
Total Bathrooms
3.5
New Construction
No
Year Built
2023
Mfd Home
No
Stories
2
Garage Remarks
Parking Pad
Lot Remarks
Lot 15 PH 1 Magnolia Cove Subdivision
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 Development Y/N
Yes
Garage Stall
No

Legal and Taxes

Parcel Number
19-03-07-0-002-072.014
Subdivision
Magnolia Cove
Area
2(two) StillWaters/Barrons Bridge
Schools
Call Superintendent

Directions Remarks

Directions
HWY 49 --> Magnolia Cove --> Continue on Magnolia Way --> Third Waterfront house on your left.

Waterfront Features

Waterfront Footage
101.59
Pier
Yes

More Information

Miscellaneous

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

Directions & Remarks

Hot Sheet Comment
price

Architectural Style

Lake Home
Yes

Property Features

Architectural Style: Lake Home Waterfront Features: Pier
Listing Office: Lake Martin Realty - Willow Point
Listing Agent: Adam Yager
Last Updated: August - 08 - 2025
Information deemed reliable but not guaranteed.