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
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 more. Whether you're looking for a weekend escape, a full-time home, or a high-performing vacation rental, 285 Magnolia Way is a rare opportunity in one of Lake Martin's premier master-planned communities.
More Information MLS# 25-1733
Address Information
Map Zone: 1
House Number: 285
Street Name: Magnolia
Street Suffix: Way
State/Province: AL
Postal Code: 36853
County: Tallapoosa
Geo Lat: 32.728108
Geo Lon: -85.793399
Contract Information
Financing: Conventional
Photo Available: Y
Occupant: Weekends
Deeded: Deeded
Current Price: $1,195,000
Begin Date: 2025-05-17
Status: Closed
List Price: $1,195,000
Sold Date: 2025-08-08
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 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 Construction: No
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: 3.5
Year Built: 2023
Stories: 2
Directions & Remarks
Hot Sheet Comment: price
Waterfront Features
Pier: 1
Waterfront Footage: 101.59
Miscellaneous
Fees: $1,800/YR + Sewer
Restrictions: Magnolia Cove CCR
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.
Property Features
Waterfront Features: Pier
HOA Information Disclosure ›Listing Office: Lake Martin Realty - Willow Point
Listing Agent: Adam Yager
Last Updated: August - 08 - 2025
Information deemed reliable but not guaranteed.