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For sale

$365,500

Price cut $31,178

Est. monthly cost

$2,268/mo

266 Magnolia Villas Drive, Cornelia, GA 30531

Listing by Adams Homes Realty Inc.

Beds
5
Baths
3.5
Sq ft
3,162
Lot
12,197 sqft

About this home

**THE BEST OPPORTUNITIES DON'T COME WITH A WARNING BEFORE THEY'RE GONE. CONSIDER THIS YOURS.** Some homes make an impression. Others make you wonder how you ever lived without all that space. **266 Magnolia Villas Drive (Lot 118)** is ready to do BOTH! And here's the catch: **There's only ONE of this one!** The popular 2408 floor plan just reached a whole new level with a **COMPLETELY FINISHED WALK-OUT BASEMENT!** With approximately **3,162 square feet, 5 bedrooms, and 3.5 bathrooms**, this home is serving SPACE, STYLE, and SERIOUS possibilities! Movie theater? Bring the popcorn. Game room? Game on. Home gym? Cancel that membership. Guest retreat? Come on down. Need somewhere to escape when everyone suddenly needs something? We didn't say hide...but the basement IS finished! **HERE'S THE PART YOU CAN'T IGNORE:** This home is available TODAY, but that doesn't mean it will be TOMORROW. Once those keys belong to someone else, this opportunity is GONE! **THE BASEMENT IS FINISHED. THE HOME IS READY. THE ONLY THING MISSING IS YOU!**

Type
Single Family Residence
Year built
2026
Price per sq ft
$116
HOA
$250/mo
Garage
—
Property tax (2025)
$424/yr
Listed
—
MLS #
10880580

Features

BasementNew construction

Interior

Double Vanity

Appliances

Dishwasher · Disposal · Microwave

Exterior

Balcony · Sprinkler System

Heating

Central · Electric

Cooling

Ceiling Fan(s) · Central Air

Flooring

Carpet

View

City

Lot

City Lot · Sloped

Property details

Interior

Bedrooms on main level:
0
Primary bedroom on main:
No
Fireplaces:
1
Fireplace features:
Family Room
Basement:
Bath Finished, Finished, Full
Laundry:
Upper Level
Windows:
Double Pane Windows
Security:
Smoke Detector(s)
Levels:
Three Or More

Exterior and lot

Lot size:
0.28 acres

Construction

Architectural style:
Brick Front, Traditional
Construction materials:
Brick, Concrete, Press Board
Roof:
Composition
Foundation:
Slab
Property condition:
New Construction

Utilities

Sewer:
Public Sewer
Water source:
Public
Utilities:
Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Parking

Parking total:
2
Parking features:
Garage

Community and HOA

Subdivision:
Magnolia Villas
HOA:
Yes
HOA fee:
$250/month
Association fee includes:
Maintenance Grounds, Management Fee

Taxes and financial

Annual tax amount:
$424 (2025)
Listing terms:
Cash, Conventional, FHA, USDA Loan, VA Loan

Monthly cost

Estimated monthly cost

$2,268/mo

Principal & interest
$1,800
Property taxes
$35
Home insurance
$183
HOA dues
$250

$73,100

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Nov 11, 2026Price decreased$365,500−3.0%
Nov 11, 2026Price decreased$376,678−5.0%
Oct 28, 2026Listed for sale$396,678

Schools

  • Level Grove

    Elementary

  • South Habersham

    Middle

  • Habersham Central

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Magnolia Villas

Listing information

Listing office:
Adams Homes Realty Inc.
Listing ID:
10880580
Status:
For sale

Source: Georgia MLS · Updated 6m ago · Nov 13, 2026, 9:15 PM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 13, 2026, 9:15 PM ET

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