120 Island Cove Dr Newnan, GA 30263
Lake Redwine NeighborhoodEstimated payment $7,265/month
Highlights
- 188 Feet of Waterfront
- Lake View
- Community Lake
- Brooks Elementary School Rated A
- 2.4 Acre Lot
- Clubhouse
About This Home
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.**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,409
Year Built
- Built in 1998
Lot Details
- 2.4 Acre Lot
- 188 Feet of Waterfront
- Lake Front
HOA Fees
- $100 Monthly HOA Fees
Home Design
- Traditional Architecture
- Composition Roof
- Four Sided Brick Exterior Elevation
- Stucco
Interior Spaces
- 3-Story Property
- Bookcases
- Crown Molding
- Beamed Ceilings
- Tray Ceiling
- High Ceiling
- 3 Fireplaces
- Fireplace Features Masonry
- Double Pane Windows
- Two Story Entrance Foyer
- Family Room
- Formal Dining Room
- Home Office
- Library
- Loft
- Bonus Room
- Game Room
- Home Gym
- Lake Views
- Storm Windows
- Laundry Room
Kitchen
- Breakfast Bar
- Built-In Double Oven
- Indoor Grill
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- Double Vanity
- Bathtub Includes Tile Surround
- Separate Shower
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Fireplace in Basement
- Finished Basement Bathroom
Parking
- 1 Car Garage
- Parking Accessed On Kitchen Level
- Side or Rear Entrance to Parking
Outdoor Features
- Deck
Schools
- Brooks Elementary School
- Madras Middle School
- Newnan High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Tax Lot 181
Community Details
Overview
- Association fees include swimming, tennis, water
- Lake Redwine Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,487 | $486,219 | $92,000 | $394,219 |
| 2024 | $10,419 | $448,805 | $92,000 | $356,805 |
| 2023 | $10,419 | $459,025 | $92,000 | $367,025 |
| 2022 | $9,624 | $390,671 | $92,000 | $298,671 |
| 2021 | $9,424 | $357,969 | $92,000 | $265,969 |
| 2020 | $7,421 | $280,000 | $2,632 | $277,368 |
| 2019 | $7,289 | $277,973 | $40,600 | $237,373 |
| 2018 | $7,304 | $277,973 | $40,600 | $237,373 |
| 2017 | $7,171 | $273,536 | $40,600 | $232,936 |
| 2016 | $7,079 | $273,536 | $40,600 | $232,936 |
| 2015 | $6,604 | $261,844 | $40,000 | $221,844 |
| 2014 | $7,267 | $261,844 | $40,000 | $221,844 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Price Changed | $1,195,000 | -11.5% | $159 / Sq Ft |
| 10/27/2025 10/27/25 | Price Changed | $1,350,000 | +13.0% | $179 / Sq Ft |
| 10/22/2025 10/22/25 | Price Changed | $1,195,000 | -8.1% | $159 / Sq Ft |
| 09/30/2025 09/30/25 | For Sale | $1,300,000 | -- | $172 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | -- | |
| Deed | $90,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $560,000 | New Conventional | |
| Previous Owner | $73,863 | New Conventional |
Source: Georgia MLS
MLS Number: 10615208
APN: 083-5181-019
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