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  • $1,025,000

    120 Island Cove Dr, Newnan, GA 30263

    5beds
    7,538sqft
    Single Family Residence
    Built in 1998
    2.4 Acres Lot
    $1,024,500 Zestimate®
    $136/sqft
    $3,645 Estimated rent

    Home value

    $1,024,500

    $932,000 - $1.13M

    $3,645/mo

    Zestimate® history
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    What's special

    Lakefront estateStunning fireplaceThree-car garageLake redwine viewsEntertaining islandDirect patio accessVersatile loft area
    Discover your own slice of paradise at this extraordinary lakefront estate nestled on over two acres of meticulously maintained grounds. This stunning all-brick traditional home offers an impressive 6,990 square feet of refined living space, featuring five generous bedrooms and eight thoughtfully designed bathrooms that seamlessly blend luxury with comfort. Step through the gorgeous double-door entry and prepare to be captivated by the grand two-story foyer, complete with a sweeping circular staircase that sets the tone for the elegance found throughout. The home's sophisticated design showcases exquisite trim work and crown moldings that speak to the exceptional quality of craftsmanship invested in every detail. The heart of this magnificent home lies in its gourmet kitchen, where culinary dreams come to life. Double ovens, custom cabinetry, and an entertaining island create the perfect space for both intimate family meals and grand celebrations. The adjacent butler's pantry adds practical luxury, while direct patio access ensures seamless indoor-outdoor entertaining flow. Relaxation awaits in the wood-paneled library, offering a quiet retreat for reading or working from home. The stately dining room provides an elegant setting for memorable dinner parties, while the living room, anchored by a warming fireplace, invites cozy gatherings year-round. The gorgeous great room serves as the home's crown jewel, featuring impressive wood beams and a stunning fireplace that creates an atmosphere of rustic sophistication. Here, Lake Redwine views provide a constantly changing backdrop of natural beauty that never grows old. The main level primary bedroom suite transforms daily routines into spa-like experiences. Complete with a serene sunroom featuring its own fireplace, this peaceful retreat offers the perfect escape. The hotel-inspired bathroom boasts dual vanities and luxurious finishes that rival the finest resorts. Three additional guest suites upstairs ensure comfort for family and friends, while a versatile loft area provides flexible space for entertainment or relaxation. The expansive terrace level adds tremendous value with its office space, additional bedroom, full bathroom, and flexible areas perfect for recreation or storage. Outdoor entertaining reaches new heights on the amazing covered veranda, where Lake Redwine's pristine waters create a stunning backdrop for gatherings of any size. The beautifully landscaped grounds provide both privacy and natural beauty, making every day feel like a vacation. This exceptional property sits within one of the most coveted communities south of Atlanta, offering both tranquil lakefront living and convenient access to quality amenities. Madras Park lies just under two miles away for recreational activities, while The Heritage School provides excellent educational opportunities nearby. Daily necessities are easily handled with Publix Super Market at Arbor Springs Plaza within reasonable distance. The three-car garage ensures ample parking and storage, while the sweeping circular driveway adds both functionality and impressive curb appeal. Every aspect of this immaculate home has been thoughtfully designed for those who appreciate the finer things in life. This refined lakefront estate represents the perfect marriage of luxury and livability, where every day offers the opportunity to create lasting memories in truly spectacular surroundings. **Recent appraisal available upon request. House appraised way above list price.**

    Zillow last checked:

    Listing updated:

    Listed by:

    William Killmeier 678-725-0972,

    Coldwell Banker Realty

    Bought with:

    Joy Barnes, 243263

    BHHS Georgia Properties

    Source: GAMLS,MLS#: 10615208MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 8
    • Full bathrooms: 5
    • 1/2 bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bonus Room, Exercise Room, Family Room, Foyer, Game Room, Laundry, Library, Loft, Office
    Dining room
    • Features: Separate Room
    Kitchen
    • Features: Breakfast Bar, Kitchen Island, Pantry, Solid Surface Counters
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Indoor Grill, Microwave, Oven, Refrigerator
    • Laundry: Other
    Features
    • Beamed Ceilings, Bookcases, Double Vanity, High Ceilings, Master On Main Level, Separate Shower, Tile Bath, Tray Ceiling(s), Entrance Foyer, Walk-In Closet(s)
    • Flooring: Carpet, Hardwood, Tile
    • Windows: Double Pane Windows, Storm Window(s)
    • Basement: Bath Finished,Exterior Entry,Finished,Full,Interior Entry
    • Number of fireplaces: 3
    • Fireplace features: Basement, Masonry, Other
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 7,538
    • Total interior livable area: 7,538 sqft
    • Finished area above ground: 5,206
    • Finished area below ground: 2,332

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage, Kitchen Level, Side/Rear Entrance
    • Has attached garage: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Body of water: Other
    • Frontage type: Lakefront
    • Frontage length: Waterfront Footage: 188
    Lot
    • Size: 2.4 Acres
    • Features: Other
    Details
    • Parcel number: 083 5181 019

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Brick 4 Side,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: High Speed Internet, Natural Gas Available

    Community & HOA

    Community
    • Features: Clubhouse, Lake, Park, Playground, Pool, Sidewalks, Tennis Court(s)
    • Subdivision: Lake Redwine
    HOA
    • Has HOA: Yes
    • Services included: Swimming, Tennis, Water
    • HOA fee: $1,200 annually
    Location
    • Region: Newnan

    Financial & listing details

    • Price per square foot: $136/sqft
    • Tax assessed value: $1,215,548
    • Annual tax amount: $10,409
    • Date on market: 9/30/2025
    • Cumulative days on market: 71 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/22/2025Sold$1,025,000-14.2%$136/sqft
    Source: GAMLS #10615208 Report a problem
    12/10/2025Pending sale$1,195,000$159/sqft
    Source: GAMLS #10615208 Report a problem
    10/22/2025Price change$1,195,000-8.1%$159/sqft
    Source: GAMLS #10615208 Report a problem
    9/30/2025Listed for sale$1,300,000+85.7%$172/sqft
    Source: FMLS GA #7653493 Report a problem
    9/27/2019Sold$700,000-3.4%$93/sqft
    Source: GAMLS #8631110 Report a problem
    8/28/2019Pending sale$725,000$96/sqft
    Source: Keller Williams Rlty Atl. Part #8631110 Report a problem
    8/28/2019Listed for sale$725,000$96/sqft
    Source: Keller Williams Rlty Atl. Part #8631110 Report a problem
    8/28/2019Pending sale$725,000$96/sqft
    Source: Keller Williams Realty ATL Partners #8631110 Report a problem
    7/29/2019Listed for sale$725,000-3.2%$96/sqft
    Source: Keller Williams Rlty Atl. Part #8631110 Report a problem
    9/24/2018Listing removed$749,000$99/sqft
    Source: Josey Young & Brady Realty #8393472 Report a problem
    6/6/2018Price change$749,000-6.4%$99/sqft
    Source: Josey Young & Brady Realty #8393472 Report a problem
    3/21/2018Price change$799,900-5.8%$106/sqft
    Source: Josey Young & Brady Realty #8239327 Report a problem
    8/9/2017Listed for sale$849,000+843.3%$113/sqft
    Source: Josey Young & Brady Realty #8239327 Report a problem
    3/26/1997Sold$90,000$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,487 +10.3%$486,219 +8.3%
    2024$10,419 -7.9%$448,805 -2.2%
    2023$11,308 +9.9%$459,025 +17.5%
    2022$10,285 +8.4%$390,671 +9.1%
    2021$9,487 +27.8%$357,969 -2.2%
    2020$7,421 +1.6%$366,161 +31.7%
    2019$7,304 +0%$277,973
    2018$7,301 +3.1%$277,973 +1.6%
    2017$7,079 -1.3%$273,536
    2016$7,171 +1.3%$273,536 +4.5%
    2015$7,079 -2.6%$261,844
    2014$7,267 $261,844
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001$6,562 --
    2000-- --
    Find assessor info on the county website

    Neighborhood: 30263

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brooks
    • Middle: Madras
    • High: Newnan

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,024,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,024,500