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$1,049,000

Beds
5
Baths
5.0
sq ft
4,089

309 Island Cove Dr, Newnan, GA 30263

309 Island Cove Dr

Newnan, GA 30263

  • 17 days on market
WOW! GORGEOUS, FULLY REMODELED BRICK HOME WITH POOL & POOL HOUSE IN LAKE REDWINE PLANTATION! Truly a masterpiece with exceptional custom details, including designer lighting and hardwood floors throughout, this home features a dramatic front entry and 2 story foyer, flanked by living and dining rooms, each with a beautiful trio of palladian windows! The foyer leads you to a gallery stair hall and to the family room with built-in bookcases and wood-burning fireplace with granite surround! Open to the family room is the casual dining area with custom buffet and bay window overlooking the sparkling saltwater pool; and updated kitchen with quartz counters, striking herringbone backsplash, newer stainless steel appliances and gold hardware! A custom bar features a sink and beverage refrigerator! Rounding out the main level are a powder room and a guest suite with full bath! Ascend either the main stairs or the convenient back stairs to the amazing upper level! The primary suite is vaulted, has a dressing hall with custom cabinetry and 2 huge closets, which leads you to the fully remodeled primary bath with new tile, free standing tub, oversized shower and double vanities! You'll find 3 additional bedrooms, one with an en suite bath, and 2 that share a Jack & Jill bath! The full size laundry room with tons of cabinetry and sink is conveniently located on the upper level near the bedrooms! Outside is the piece de resistance! The glistening pool, fire pit area, and pool house with kitchenette, bar, and half bath will be the perfect place to entertain! You'll be the envy of the neighborhood! Fronts on private shared pond with dock! Fantastic location - convenient to shopping, dining, Atlanta International Airport, Trilith Studios, and Piedmont Hospitals & City of Hope! Newnan is known as the "City of Homes" - Why not make this home yours?

Details

Property type

Single Family Residence

Est. home value

$885,816

Property condition

Updated/Remodeled

Lot size

1.60 acres

Price per sq ft

$257

Year built

1996

Annual property taxes

$7,396.43

Monthly HOA fee

$100

Price History

02/05/2025
GeorgiaMLS

GeorgiaMLS #10453728

Listed
$1,049,000
+25.25%
07/13/2022
GeorgiaMLS

GeorgiaMLS #20054393

Sold
$837,500
+58.32%
10/03/2017
GeorgiaMLS

GeorgiaMLS #8137349

Sold
$529,000

Schools & Community

Elementary school: 

Brooks

Middle school: 

Madras

High school: 

Newnan

Community features: 

Clubhouse, Lake, Playground, Pool, Sidewalks, Street Lights, 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

$320,069
Asking price
$1,049,000
Closing costs (~8% of asking)
-$83,920
Est. remaining loan balance
-$645,011
Cash to seller
$320,069

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

Seller’s Loan History

Lender

City National Bank

Loan start date

October 2022

Original loan amount

$664,000

Est. remaining balance

$645,011

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Island 309 Cove Llc

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: 02/23/2025 at 1:40 PM

Listing updated: 02/19/2025 at 1:07 AM

Listed by: Scott Barnett, Atlanta Fine Homes - Sotheby's Int'l

MLS: GeorgiaMLS #10453728

GeorgiaMLS logo

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