$1,550,000
UNDER CONTRACT NEW CONSTRUCTION

188 Oliver Way Dadeville, AL 36853

Estimated payment $9,801/month

Total Views 285
5 Beds
4 Baths
2,642 Sq Ft
$587 Price per Sq Ft

Highlights

  • 150 Feet of Waterfront
  • Boat Slip
  • Lake House
  • Reeltown Elementary School Rated 9+
  • New Construction
  • 2 Fireplaces

About This Home

Construction Pre-Sale! Lot 34 Phase 2. One of the last Prime waterfront lots left in this phase.

The Camellia XL - Luxury Waterfront Home
Nestled on the picturesque Lake Martin waterfront, the Camellia XL is a stunning two-story home that blends elegance, functionality, and breathtaking natural beauty. With 2,642 sq. ft. of thoughtfully designed living space, this residence is perfect for those seeking both luxury and tranquility. Expansive windows and outdoor living areas maximize the incredible water views, making this home a true retreat.

A welcoming foyer leads into the great room, where large windows frame panoramic lake views and fill the space with natural light.
The kitchen is a chef's dream, featuring a spacious island, a walk-in pantry, and an open flow to the dining areaideal for lakeside entertaining.
A covered porch extends the living space outdoors, providing the perfect spot for morning coffee or evening relaxation while overlooking the water.

The master suite is a peaceful sanctuary with a luxurious en-suite bath, a soaking tub, a walk-in shower, and a large walk-in closet. Wake up to breathtaking water views right from your bedroom.
A laundry room is strategically placed for easy access.

The second floor offers additional privacy with three spacious bedrooms (Bedrooms #3, #4, and #5)each featuring plenty of closet space and stunning lake views.

A dedicated attic storage area provides extra room for seasonal or long-term storage.

Expansive windows and outdoor living areas take full advantage of the Lake Martin waterfront views.

Welcome to Magnolia Cove on Lake Martin - The Future of Lake Living

Discover Magnolia Cove, a stunning new master-planned waterfront and water-access community redefining lake living on Lake Martin. Nestled in the vibrant Blue Creek area of Dadeville, Magnolia Cove offers unparalleled convenience, exceptional amenities, and the perfect setting for making lifelong memories.
At the heart of the community is the Magnolia Cove Swim Club, featuring a zero-entry pool, hot tub, wood-burning stone fireplaces, TVs, Wi-Fi, bathrooms, and showers - all set within a covered pavilion for year-round enjoyment. Gated entrances to the pool area ensure safety, while future interconnected walking trails will offer serene paths through nature.

Magnolia Cove also includes a private dog park for your furry friends and has plans for storage units and a commercial area to enhance your convenience.

Say goodbye to the hassle of maintenance - Magnolia Cove's Homeowners Association takes care of all grounds, docks, and community amenities, so you can focus on what truly matters: enjoying time with family and friends.

Located just minutes from Lake Martin's top restaurants and attractions by boat or car, Magnolia Cove is as accessible as it is beautiful.

Short-term rentals are allowed, making it an excellent choice for a vacation home or an investment property. With Auburn University only 25 minutes away, you can take advantage of year-round rental opportunities for game days, graduations, weddings, and more.

Come be a part of Magnolia Cove, where modern convenience meets the timeless charm of lake living. Make The Future of Lake Living your reality today!

Listing Agent

Adam Yager

Lake Martin Realty - Willow Point License #111376 Listed on: 02/01/2025

Co-Listing Agent

Denise Cochran

Lake Martin Realty - Dadeville License #122637

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.47 Acre Lot
  • 150 Feet of Waterfront

Parking

  • Parking Pad

Home Design

  • Lake House
  • Slab Foundation

Interior Spaces

  • 2,642 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Boat Slip
  • Community Sewer or Septic

Community Details

  • Magnolia Cove Owners Association, Inc. Association
  • Magnolia Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62 19 03 07 0 002 072.044

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Water Body Name: Lake Martin
  • Co List Office Mls Id: lmrdadeville
  • Co List Office Phone: 256-825-9092
  • Subdivision Name: Magnolia Cove
  • Directions: From the corner of State HWY 34/State HWY 49, head south on State HWY 49 approximately 2.5 miles. Magnolia Cove is on the right. Look for signs. From the corner of State HWY 49/ State HWY 50, head north on State HWY 49 approximately 2 miles. Magnolia Cove is on the left. Look for signs.
  • Architectural Style: Lake Home
  • Building Area Total: 2642.0
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 2025
  • Utilities Fuel: Alabama Power: Yes
  • Foundation: Slab: Yes
  • Waterfront Frontage: 150.05
  • Miscellaneous Restrictions: Magnolia Cove CCR
  • Sewage: Community Sewer: Yes
  • Special Features: 130
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Fireplace:Gas: Yes

Exterior Features

  • Lot Features: Waterfront, Lot Remarks
  • Waterfront Features: Boat Slip
  • Waterfront: Yes
  • Foundation Details: Slab
  • Waterfront Features:Boat Slip: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad
  • General Property Description:Garage Stall2: 0
  • General Property Description:Garage Remarks2: Parking Pad

Condo/Co-op/Association

  • Association Name: Magnolia Cove Owners Association, INC.
  • Phone: Magnoliacovehoa@gmail.com

Schools

  • Junior High Dist: Call Superintendent

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Parcel #: 62 19 03 07 0 002 072.044

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2025 02/01/25 For Sale $1,550,000 -- $587 / Sq Ft
Source: Lake Martin Area Association of REALTORS®

Source: Lake Martin Area Association of REALTORS®

MLS Number: 25-107