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Active21 days listed

405 Island Cove Drive, Newnan, GA 30263

  • 5bd
  • 5ba
  • 4,603SF
  • 1.66ac lot

Single-family homeLake Redwine

List price

$749,900

$163/SF list

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FMLS IDXFMLS #7850028 · Listing Provided By Harry Norman REALTORS · 404-897-5558 · Listing agent Michelle Kubea

Location

405 Island Cove Drive, Newnan GA 30263

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About this home

Ask about our 1% INTEREST RATE Buydown! A spectacular opportunity in the highly sought-after Lake Redwine, just four miles from the renowned Serenbe / Chattahoochee Hills, a unique rural suburb located about 30 miles southwest of Atlanta. It is a great place if you want pastoral beauty and an arts-focused, wellness-driven lifestyle. This private, master-planned lakefront enclave is centered around a stunning 300+ acre lake, offering an exceptional outdoor lifestyle with fishing, kayaking, paddle boarding, swimming, tennis, and electric-only boating. Lake Redwine is known for its strong sense of community, tranquil park-like setting, and abundant natural beauty. Residents enjoy resort-style amenities including a private marina with boat docks, three swimming pools, tennis and pickle ball courts, scenic walking trails, parks, playgrounds, and a vibrant calendar of neighborhood events - all framed by the picturesque lake. Conveniently located just a short drive to charming downtown Newnan, the community offers the perfect balance of outdoor activities, suburban daily conveniences, with easy access to I-75 and approximately 30 minutes to Hartsfield-Jackson Atlanta International Airport. This gorgeous Home is a timeless four-sided brick traditional residence situated on approximately 1.74 private acres. A total of five bedrooms including a guest or in-law suite on the main floor. The basement offers a full bathroom with a bonus room that can easily be used a bedroom, perfect for an in-law suite and the private entry makes a perfect setup for rental income. It features a beautifully landscaped backyard oasis with a stunning pool grotto, creating an ideal setting for entertaining family and friends or enjoying peaceful outdoor living in complete privacy. Home Warranty available.

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
5
Living area
4,603 SF
Lot size
1.66 acres
Year built
1997
Levels
Three Or More
Main-level bedrooms
1
Garage spaces
2
Parking
Garage
Basement
Daylight, Driveway Access, Finished, Full, Interior Entry, Walk-Out Access
Style
Traditional
Construction
Brick, Brick 4 Sides
Roof
Composition
Flooring
Carpet, Hardwood, Tile
Heating
Central
Cooling
Central Air
Fireplaces
1
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
Pool
In Ground
Lot
Cul-De-Sac, Level, Private, Wooded
Community
Boating, Business Center, Clubhouse, Community Dock, Fishing, Homeowners Assoc, Lake, Marina, Pickleball, Playground, Pool, Tennis Court(s)
HOA
$1,250 annually
Annual tax
$7,535 (2025)
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 $749,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$5,774/mo

Principal and interest
$4,636
Property tax
$628
Home insurance
$125
Mortgage insurance
$281
HOA dues
$104
Loan amount
$674,910
Cash down
$74,990

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 Harry Norman REALTORS, 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?

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