40 Fernbank Way Newnan, GA 30265
Estimated payment $6,778/month
Highlights
- Second Kitchen
- Community Lake
- Vaulted Ceiling
- Brooks Elementary School Rated A
- Deck
- Traditional Architecture
About This Home
**Seller will fund a 2-1 rate buydown or $25,000 toward closing costs & rate, buyer's choice for offers accepted by Fri, Sept 12, 7pm** Arbor Springs Entertainer on 1+ Acre featuring main + terrace level kitchens, wine room, 5 beds / 5 full baths, ready now! Bold. Beautiful. Built for the way you live. This striking Craftsman-style home in the coveted Arbor Springs community blends timeless architecture with modern sophistication, designed to enhance everyday living and effortless entertaining. Step inside to a sun-drenched, open layout where the vaulted family room draws you in with its dramatic brick fireplace and beam accents. The chef's kitchen is the heart of the home, featuring custom cabinetry, a generous island, and top-of-the-line appliances-perfect for casual weeknight meals or festive holiday gatherings. The private owner's suite offers a serene retreat with a spa-inspired bath, complete with a soaking tub and an oversized walk-in shower. Upstairs, you'll find three spacious bedrooms with walk-in closets and en suite bathrooms as well as a versatile loft ideal for movie nights or homework. The finished terrace level takes this home to the next level, offering a full finished bathroom with walk-in shower, wine room, wet bar, kitchenette, dedicated office, game room, dog wash station, and a flexible-use space to suit your needs, whether for hobbies, guests, or additional living space. Charming outdoor porches and alfresco dining areas make entertaining a breeze, while designer touches like hardwood floors, spray foam insulation, extensive trim work, and metal roof accents add polish and performance. The spacious 3-car garage completes the package. Listed below appraised value, this home offers unmatched quality and an incredible opportunity in one of the area's most desirable neighborhoods. Arbor Springs offers a lifestyle unlike any other-with an 18-hole golf course, clubhouse, tennis courts, lakes, nature trails, a lakeside pool, and a children's play park-all accessible by golf cart and just minutes from Arbor Springs Plaza's shopping and dining. This is more than a home, it's where unforgettable moments are made. Don't miss your chance to make it yours. Bring your offer today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,749
Year Built
- Built in 2022
Lot Details
- 1.05 Acre Lot
- Back Yard Fenced
- Level Lot
- Grass Covered Lot
HOA Fees
- $50 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Composition Roof
- Metal Roof
- Concrete Siding
Interior Spaces
- 2-Story Property
- Beamed Ceilings
- Tray Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Fireplace Features Masonry
- Double Pane Windows
- Entrance Foyer
- Family Room with Fireplace
- Formal Dining Room
- Loft
- Bonus Room
- Wood Flooring
Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Double Vanity
- Soaking Tub
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry Room
- Laundry in Hall
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Finished Basement Bathroom
- Natural lighting in basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Car Garage
- Parking Accessed On Kitchen Level
- Garage Door Opener
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Insulation
- Energy-Efficient Thermostat
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Brooks Elementary School
- Madras Middle School
- Northgate High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Dual Heating Fuel
- Underground Utilities
- 220 Volts
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
Overview
- $300 Initiation Fee
- Association fees include management fee
- Arbor Springs Subdivision
- Community Lake
Recreation
- Tennis Courts
- Community Playground
- Community Pool
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 |
---|---|---|---|---|
2024 | $7,600 | $327,398 | $48,000 | $279,398 |
2023 | $7,600 | $204,560 | $48,000 | $156,560 |
2022 | $813 | $33,000 | $33,000 | $0 |
2021 | $869 | $33,000 | $33,000 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/25/2025 08/25/25 | Price Changed | $1,198,900 | -1.7% | $233 / Sq Ft |
08/25/2025 08/25/25 | For Sale | $1,219,900 | -- | $237 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Limited Warranty Deed | $104,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $776,250 | New Conventional |
Source: Georgia MLS
MLS Number: 10589686

APN: 106-6015-064
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