279 Magnolia Wy, Dadeville, AL 36853, USA

Description

279 Magnolia Way | Magnolia Cove on Lake Martin 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.

Property Details

Property Type

Residential

Bedrooms

4

Bathrooms

4

Living Area

2,300 sq ft

Lot Size

0.50 acres

Year Built

2023

Subdivision

LAKE MARTIN

County

Tallapoosa

Sold Price

$1,200,000

Sold Date

August 19, 2026

Last List Price

$1,250,000

Last List Date

May 11, 2026

Price History

1. Aug 19, 2026 Sold MLS# 180441 $1,200,000
2. May 11, 2026 Listed MLS# 180441 $1,250,000

Location