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$1,908,999

Beds
5
Baths
5.5
sq ft
7,815

110 Island Cove Dr, Newnan, GA 30263

110 Island Cove Dr

Newnan, GA 30263

  • 35 days on market
Welcome to your PARADISE ON THE LAKE! This GORGEOUS REMODELED 5-BEDROOM, 5.5-BATHROOM offers over 6, 000 square feet of luxurious living space. The breathtaking waterfront views of Lake Redwine combines elegance and comfort and offers an unparalleled living experience. Built in 2000, this home combines timeless elegance and modern comfort perfectly nestled on a 2.99-acre lot. The MAIN LEVEL has a freshly painted two-tone interior and NEW ACACIA HARWOOD flooring welcomes you inside. The GRAND FOYER sets the tone for the entire home where NEW LIGHTING, CHANDELIERS, CHAMPAGNE GOLD AND BLACK HARDWARE ALONG WITH NATURAL WOOD ELEMENTS add an elegant touch of sophistication and charm throughout. The EXPANSIVE REMODELED KITCHEN features NEW BLACKSPLASH TILE and STUNNING QUARTZ COUNTERTOPS, NEW GE CAFE APPLIANCES, NEW FARM SINK, NEW CHEF'S FAUCET, NEW BEVERAGE CENTER, SLEEK UNDER CABINET LIGHTING ALONG WITH LIGHTED CEILING HEIGHT SHOWCASE CABINETS. The KITCHEN opens into a COZY DINING AREA complete with a STUNNING STONE FIREPLACE, ideal for quiet evenings or entertaining guests. A fine LIVING ROOM with NEWLY TILED FIREPLACE EASILY COVERTS TO A COMFY THEATRE SPACE WITH THE RETRACTABLE MOVIE SCREEN whilst the FORMAL DINING ROOM offers an intimate space. The LAUNDRY ROOM features NEW FLOOR TILE, BLACK QUARTZ COUNTERTOPS, NEW UTILITY SINK, NEW WASHER AND DRYER, NEW FAUCET AND SINK. There are NEW MIRRORS AND QUARTZ OR GRANITE COUNTERTOPS IN EVERY BATHROOM that adds to the modern flair, while the PRIMARY SUITE BOASTS HIS AND HER WALK IN CLOSETS, A NEW SMART TOILET, SPA TUB, WALK IN SHOWER, AND A CONVENIENT LAUNDRY ROOM. You'll also find a PRIVATE STUDY with EN-SUITE FULL BATHROOM perfect for work-from-home needs. The UPPER LEVEL offers THREE BEDROOMS, two of the rooms share a JACK AND JILL BATHROOM WITH NEW SHOWER, QUARTZ COUNTERTOPS, SINKS, FAUCETS, MIRRORS AND TOILET. The THIRD ROOM has an EN-SUITE BATHROOM THAT FEATURES A SPA TUB WITH NEW BATHTUB TILE AND CHAMPAGNE GOLD HARDWARE, NEW FAUCET AND MIRROR. Each room HAS ACCESS to a SHARED GREAT ROOM WITH A LAKE VIEW. Perfect as a sitting room or library the thoughtful layout ensures both privacy and comfort. The BASEMENT is an ENTERTAINER'S DREAM WITH A NEWLY DESIGNED THEATRE ROOM, FEATURING GOLD PAINTED DECORATIVE TRIM and KLIPSCH 15 SPEAKER SYSTEM for an immersive sound experience. The FINISHED BASEMENT includes another GREAT ROOM WITH A POOL TABLE spacious STORAGE AREAS, AN IN-LAW SUITE AND PRIVATE BATHROOM. The SEMI-FINISHED BASEMENT area offers the ULTIMATE MAN CAVE SPACE. And UNIQUE TO THIS PROPERTY is a CHARMING OVER-THE-GARAGE "SHE SHED" OR ENTERTAINMENT AREA, complete with an IN-WALL FIREPLACE, ACACIA WOOD AND STONE-TILED FLOORS that gives you a cozy retreat. The OUTDOOR AREAS has an EXPANSIVE SCREENED-IN VERANDA, complete with -NEWLY TILED FLOOR AND STORM DOORS. This ideal spot for relaxing and taking in the STUNNING VIEWS OF LAKE REDWINE. The ELEGANTLY LANDSCAPED lot includes a PRIVATE ISLET, a STORAGE SHED AND A STATIONARY BOAT DOCK, perfect for your boat, canoe, or kayak. ENJOY STUNNING LAKE VIEWS from the expansive veranda or relax in the beautifully landscaped backyard. THIS HOME IS MOVE-IN READY and waiting for you to experience its elegance and comfort!

Details

Property type

Single Family Residence

Est. home value

$1,486,874

Lot size

3.04 acres

Price per sq ft

$245

Year built

2000

Annual property taxes

$9,643

Monthly HOA fee

$79.17

Price History

10/23/2024
FMLS

FMLS #7474207

Price change
$1,908,999
+0.05%
10/18/2024
FMLS

FMLS #7474207

Listed
$1,908,099

Schools & Community

Elementary school: 

Brooks - Coweta

Middle school: 

Madras

High school: 

Newnan

Community features: 

Clubhouse, Fishing, Playground, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$906,813
Asking price
$1,908,999
Closing costs (~8% of asking)
-$152,720
Est. remaining loan balance
-$849,466
Cash to seller
$906,813

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Members First Mortgage

Loan start date

December 2023

Original loan amount

$856,000

Est. remaining balance

$849,466

Interest rate

7.5%

Loan type

New Conventional, 30 year

Seller

Agnes C Fields and Agnes Coleman Fields

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 11:50 PM

Listing updated: 10/28/2024 at 10:35 PM

Listed by: Rochelle Schofield, Connections Realty Group Inc Phone #: (678) 813-6009

MLS: FMLS #7474207

FMLS logo

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