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Active47 days listed

117 Palomino Drive, Newnan, GA 30265

  • 5bd
  • 4ba
  • 3,474SF
  • 1.03ac lot

Single-family homeHerring Farms

List price

$575,000

$166/SF list

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FMLS IDXFMLS #7836174 · Listing Provided By Keller Williams Realty West Atlanta · 470-907-8266 · Listing agent Cornelius Day

Location

117 Palomino Drive, Newnan GA 30265

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About this home

ASSUMABLE 3.5% FHA LOAN for qualified buyers! Take over a rate that's hard to find in today's market and save significantly on your monthly payment. This stunning Craftsman home sits on a full acre in the sought-after Herring Farms community of Newnan. From the soaring two-story foyer with gleaming hardwood floors to the open-concept living and kitchen, this 5-bedroom, 4-bathroom home feels spacious and well-designed throughout. The kitchen features rich dark cabinetry, dark granite countertops, a large center island with bar seating, and stainless steel appliances that flow right into the living room with a cozy fireplace. A formal dining room and sunny breakfast area complete the main level. Upstairs, the oversized primary suite includes a tray ceiling, walk-in closet, and a spa-like bath with dual vanities, soaking tub, and separate shower. Four additional generously sized bedrooms and well-appointed full baths give everyone their own space. Out back, a massive private backyard gives you a full acre with plenty of room to entertain, add a pool, or simply enjoy the space and privacy that's hard to find at this price point. Minutes from I-85 with easy access to the entire Atlanta metro, top-rated Coweta County schools, shopping, and dining all nearby.

How this list price compares in Newnan

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
4
Living area
3,474 SF
Lot size
1.03 acres
Year built
2016
Levels
Two
Main-level bedrooms
1
Garage spaces
1
Parking
Garage, Garage Door Opener, Garage Faces Rear, Garage Faces Side
Style
Craftsman, Traditional
Construction
Brick, Stone
Roof
Composition
Flooring
Carpet, Hardwood
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Fireplaces
1
Appliances
Dishwasher, Gas Cooktop, Microwave
Lot
Back Yard, Cleared, Open Lot
Community
Homeowners Assoc, Sidewalks
HOA
$400 annually
Annual tax
$5,390 (2024)
County
Coweta

Assigned schools

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

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $575,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$4,378/mo

Principal and interest
$3,555
Property tax
$449
Home insurance
$125
Mortgage insurance
$216
HOA dues
$33
Loan amount
$517,500
Cash down
$57,500

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 Keller Williams Realty West Atlanta, 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 Newnan?

See the similar homes section on this page, or browse all homes for sale in Newnan, 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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