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285 Magnolia Way, Dadeville, AL 36853
$1,195,000

































































Property Type: Residential Bedrooms: 4 Baths: 3.5 Status: Active
Current Price: $1,195,000 List Date: 5/16/2025 Last Modified: 6/19/2025
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
Contract Information
Current Price: $1,195,000 Begin Date: 2025-05-17 Status: Active List Price: $1,195,000 Deeded: Deeded Photo Available: Y Occupant: Weekends
Address Information
House Number: 285 Street Name: Magnolia Street Suffix: Way State/Province: AL Postal Code: 36853 County: Tallapoosa Map Zone: 1 Geo Lat: 32.728108 Geo Lon: -85.793399
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 Style: Lake Home 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
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
Miscellaneous
Fees: $1,800/YR + Sewer Restrictions: Magnolia Cove CCR
Property Features
Waterfront Features: Pier
Listing Office: Lake Martin Realty - Willow Point
Listing Agent: Adam Yager
Last Updated: June - 19 - 2025
Information deemed reliable but not guaranteed.
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