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Coming soon 08/18
    • $925,000

    405 Island Cove Dr, Newnan, GA 30263

    5beds
    4,603sqft
    : 
    $5,945/mo
    Get pre-qualified
    Single Family Residence
    Built in 1997
    1.66 Acres Lot
    $865,400 Zestimate®
    $201/sqft
    $104/mo HOA

    What's special

    A spectacular opportunity in the highly sought-after Lake Redwine community, just 15 miles south of the renowned Serenbe. This private, master-planned lakefront enclave is centered around a stunning 300+ acre lake, offering an exceptional lifestyle with fishing, kayaking, paddle boarding, swimming, tennis, and electric-only boating. Lake Redwine is known for its strong sense of community, tranquil park-like setting, and abundant natural beauty. Residents enjoy resort-style amenities including a private marina with boat docks, three swimming pools, tennis and pickle ball courts, scenic walking trails, parks, playgrounds, and a vibrant calendar of neighborhood events-all framed by the picturesque lake. Conveniently located just a short drive to charming downtown Newnan, the community offers the perfect balance of outdoor recreation and suburban convenience, with easy access to I-75 and approximately 30 minutes to Hartsfield-Jackson Atlanta International Airport. This gorgeous Home is a timeless four-sided brick traditional residence situated on over 1.74 private acres. It features a beautifully landscaped backyard oasis with a stunning pool grotto, creating an ideal setting for entertaining family and friends or enjoying peaceful outdoor living in complete privacy.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Kubea Terry Bissell,

    BHHS Georgia Properties

    Source: GAMLS,MLS#: 10811223MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bonus Room, Exercise Room, Family Room, Media Room
      Kitchen
      • Features: Breakfast Bar, Kitchen Island
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Refrigerator
      • Laundry: In Kitchen
      Features
      • Double Vanity, Walk-In Closet(s)
      • Flooring: Tile, Hardwood, Carpet
      • Basement: Finished
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Factory Built
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 4,603
      • Total interior livable area: 4,603 sqft
      • Finished area above ground: 3,512
      • Finished area below ground: 1,091

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Has garage: Yes
      Accessibility
      • Accessibility features: Accessible Hallway(s)
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Deck
      • Exterior features: Garden
      • Has private pool: Yes
      • Pool features: In Ground
      Lot
      • Size: 1.66 Acres
      • Features: Level, Cul-De-Sac, Private
      • Residential vegetation: Grassed, Cleared, Partially Wooded
      Details
      • Additional structures: Garage(s), Outbuilding
      • Parcel number: 083 5203 068

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 1997
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Electric: 220 Volts
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
      Green energy
      • Energy efficient items: Insulation, Water Heater

      Community & HOA

      Community
      • Features: Clubhouse, Lake, Marina, Playground, Tennis Court(s)
      • Security: Smoke Detector(s)
      • Subdivision: Lake Redwine
      HOA
      • Has HOA: Yes
      • Services included: Tennis, Reserve Fund
      • HOA fee: $1,250 annually
      Location
      • Region: Newnan

      Financial & listing details

      • Price per square foot: $201/sqft
      • Tax assessed value: $797,293
      • Annual tax amount: $7,535
      • Date on market: 8/18/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $865,400

        $805,000 - $935,000

        $5,608/mo

        Price history

        DateEventPrice
        8/6/2020Sold$566,000-1.5%$123/sqft
        Source: GAMLS #8804609 Report a problem
        7/7/2020Pending sale$574,900$125/sqft
        Source: Keller Williams Rlty Atl. Part #8804609 Report a problem
        6/15/2020Listed for sale$574,900+10.8%$125/sqft
        Source: Keller Williams Rlty Atl. Part #8804609 Report a problem
        5/22/2019Listing removed$519,000$113/sqft
        Source: Lindsey's Inc., Realtors #8523217 Report a problem
        2/8/2019Listed for sale$519,000+3.9%$113/sqft
        Source: Lindsey's Inc., Realtors #8523217 Report a problem
        3/30/2018Sold$499,500-0.1%$109/sqft
        Source: Public Record Report a problem
        10/3/2016Listing removed$499,900$109/sqft
        Source: LINDSEY''S INC., REALTORS #8026470 Report a problem
        9/2/2016Price change$499,900-3.8%$109/sqft
        Source: LINDSEY''S INC., REALTORS #8026470 Report a problem
        8/30/2016Price change$519,900-2.4%$113/sqft
        Source: LINDSEY''S INC., REALTORS #8026470 Report a problem
        8/4/2016Price change$532,500-1.4%$116/sqft
        Source: LINDSEY'S INC., REALTORS #8026470 Report a problem
        6/28/2016Listed for sale$539,900+32.2%$117/sqft
        Source: LINDSEY'S INC., REALTORS #8026470 Report a problem
        7/21/2005Sold$408,500+921.3%$89/sqft
        Source: Public Record Report a problem
        2/17/1997Sold$40,000-28.6%$9/sqft
        Source: Public Record Report a problem
        11/1/1995Sold$56,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,535 +17.3%$318,917 +15.2%
        2024$6,424 -6.9%$276,730 -1.2%
        2023$6,899 +11.8%$280,070 +19.4%
        2022$6,173 +9.9%$234,472 +10.6%
        2021$5,619 +2.3%$212,003
        2020$5,493 +6.1%$212,003 +20.1%
        2019$5,175 -0.8%$176,516 -0.8%
        2018$5,215 +2.7%$177,937 +1.5%
        2017$5,077 -1.2%$175,315
        2016$5,138 +1.2%$175,315 +10.4%
        2015$5,077 +16.6%$158,760
        2014$4,356 $158,760
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001$3,590 --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: 30263

        Getting around

        0 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        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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