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.
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. 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.
For sale
$1,250,000
279 Magnolia Way, Dadeville, AL 36853
4beds
--sqft
Est.:
Single Family Residence
Built in 2023
0.31 Acres Lot
$1,227,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 6 days |
- 462 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Judith Jager 205-789-0698,
Lake Martin Realty - Willow Point,
Adam Yager 205-914-0830,
Lake Martin Realty - Willow Point
Source: LMMLS,MLS#: 26-599
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Number of fireplaces: 1
Property
Parking
- Parking features: Parking Pad
Features
- Stories: 2
- Patio & porch: Covered Deck, Deck
- Has private pool: Yes
- Pool features: Outdoor Pool
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Pier, Seawall
- Body of water: Lake Martin
Lot
- Size: 0.31 Acres
- Features: Views, Wooded
Details
- Parcel number: 19 03 07 0 002 072.015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Foundation: Slab
Condition
- New construction: No
- Year built: 2023
Community & HOA
Community
- Subdivision: Magnolia Cove
Location
- Region: Dadeville
Financial & listing details
- Date on market: 5/13/2026
Estimated market value
$1,227,700
$1.13M - $1.35M
$3,418/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $1,250,000+28.2% |
Source: | ||
| 9/22/2023 | Sold | --0 |
Source: | ||
| 5/3/2023 | Listed for sale | $975,000+2.7% |
Source: | ||
| 2/21/2023 | Listing removed | -- |
Source: | ||
| 11/22/2022 | Listed for sale | $949,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 36853
Nearby schools
GreatSchools rating
- 8/10Dadeville Elementary SchoolGrades: PK-5Distance: 7.4 mi
- 8/10Reeltown High SchoolGrades: 7-12Distance: 8.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Alabama
- Tallapoosa County
- Dadeville
- 36853
- 279 Magnolia Way





