4 Beds
4 Baths
2,300 SqFt
4 Beds
4 Baths
2,300 SqFt
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $543
Subdivision Lake Martin
MLS Listing ID 180441
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N Yes
Abv Grd Liv Area 2,300
Year Built 2023
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Residential
Property Description
The only waterfront home currently available in Magnolia Cove, 279 Magnolia Way is a rare FURNISHED and turnkey opportunity with strong rental activity and proven short-term rental performance inside a community-centric lake community.
Located on Lot 16 in Phase 1, the Dogwood Plan features (4)BR / (3.5)BA, two separate living areas, and (2) bedrooms on the main level.
Positioned on a protected swimming cove, this home offers the ideal Lake Martin setup with a private dock, beautiful waterfront setting, and a private fire pit right at the water's edge. Whether you are swimming, paddleboarding, relaxing by the dock, or gathering around the fire pit, this property is designed for effortless lake enjoyment. The Magnolia Cove Swim Club just a golf cart or short walk away, featuring flatscreen tv, zero-entry swimming pool, hot tub spa, and covered pavilion area overlooking beautiful Lake Martin.
Magnolia Cove is known for its convenient Blue Creek location, low-maintenance lake lifestyle, and strong short-term rental appeal. From here, you are just minutes by boat or car to some of Lake Martin's favorite restaurants, marinas, and attractions, while also being an easy drive to Auburn for game weekends, graduations, and year-round demand. Current rental bookings for the 2026 calendar year can transfer to the new owner, creating a rare opportunity for buyers looking for both lifestyle and investment value.
Location
State AL
County Tallapoosa
Area Outside Lee Co
Interior
Interior Features Wet Bar, Ceiling Fan(s), Window Treatments
Heating Other, See Remarks
Cooling Other, See Remarks
Fireplaces Number 1
Fireplaces Type One
Fireplace Yes
Appliance Gas Cooktop, Gas Range, Refrigerator
Exterior
Exterior Feature Sprinkler/Irrigation
Parking Features Three or more Spaces
Fence None
Pool Community
Utilities Available Natural Gas Available, Sewer Connected, Underground Utilities, Water Available
Amenities Available Clubhouse, Maintenance Grounds, Pool, Spa/Hot Tub, Dock
View Lake
Accessibility Accessible Entrance
Porch Covered
Building
Lot Description < 1/2 Acre
Story 2
Entry Level Two
Foundation Slab
Level or Stories Two
Schools
Elementary Schools Dadeville Elementary
Middle Schools Dadeville Elementary
Others
Security Features Security System