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Active1 day listed

266 Magnolia Villas Drive, Cornelia, GA 30531

  • 5bd
  • 4ba
  • 3,162SF
  • 0.28ac lot

Single-family homeMagnolia Villas

List price

$396,678

$125/SF list

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FMLS IDXFMLS #7859562 · Listing Provided By Adams Homes Realty Inc. · 678-432-5495 · Listing agent Meagan PorterSims

Location

266 Magnolia Villas Drive, Cornelia GA 30531

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About this home

SAME NEIGHBORHOOD. WHOLE DIFFERENT LEVEL. And yes, we mean that literally. Welcome to 266 Magnolia Villas Drive (Lot 118), where the popular 2408 floor plan got a serious GLOW-DOWN…to the COMPLETELY FINISHED WALK-OUT BASEMENT! Magnolia Villas has seen some beautiful homes, but this one understood there are LEVELS to this. With approximately 3,162 square feet, 5 bedrooms, and 3.5 bathrooms, this home is serving space upstairs AND downstairs. Because apparently one gorgeous living area just wasn’t enough. Now, let’s get down to business…and by business, we mean THE BASEMENT. Movie theater? Absolutely. Game room? Game on. Home gym? Cancel the membership. Guest suite? Come on down. Home office? Your commute just got shorter. Multigenerational living? There’s room for that too. A place to send everybody when you’ve had enough togetherness? We would never suggest such a thing…but the basement is finished. And just when you thought we hit rock bottom—we added a WALK-OUT!

How this list price compares in Cornelia

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
5
Full baths
3
Half baths
1
Living area
3,162 SF
Lot size
0.28 acres
Year built
2026
Levels
Three Or More
Main-level bedrooms
0
Garage spaces
2
Parking
Garage, Garage Faces Front
Basement
Finished, Finished Bath, Full, Walk-Out Access
Style
Traditional
Construction
Blown-In Insulation, Brick Front, HardiPlank Type
Roof
Shingle
Flooring
Carpet, Luxury Vinyl
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Fireplaces
1
Appliances
Dishwasher, Disposal, Electric Oven, Microwave
Lot
Back Yard
HOA
$250 annually
Annual tax
$424 (2025)
County
Habersham

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $396,678 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,782/mo

Principal and interest
$2,452
Property tax
$35
Home insurance
$125
Mortgage insurance
$149
HOA dues
$21
Loan amount
$357,010
Cash down
$39,668

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Adams Homes Realty Inc., so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in Cornelia?

See the similar homes section on this page, or browse all homes for sale in Cornelia, GA.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.

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