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308 Magnolia Villas Dr, Cornelia, GA, 30531

5beds
4baths
2,787sqft
$382,000
$137price/sqft
$3,101/moest. monthly cost
$124,040/yrincome needed

About This Home

Welcome to 308 Magnolia Villas Drive in Cornelia, a spacious five-bedroom, three-and-a-half-bath home offering 2,787 square feet of finished living space with a smart and comfortable layout. The main level features the owner's suite, a well-appointed kitchen with quartz countertops, excellent prep space, a large island, and a walk-in pantry, making it both functional and inviting. The living room flows out to a great covered patio, perfect for relaxing or entertaining. Upstairs, you'll find a second living room or family room, four oversized bedrooms, and two full bathrooms, giving everyone room to spread out. With generous living areas, thoughtful finishes, and plenty of space throughout, this home is designed for everyday comfort and easy living.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

6/10
8/10
8/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Concrete,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave,Oven/Range (Combo),Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Common Area

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Features: Dining Rm/Living Rm Combo

Features

  • Double Vanity,Master On Main Level,Separate Shower,Walk-In Closet(s)
  • Flooring: Carpet,Hardwood,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 2,787

Heating & Cooling

  • Heating features: Central,Electric,Heat Pump
  • Cooling features: Central Air,Electric,Heat Pump

Interior Area

  • Total structure area: 2,787
  • Total interior livable area: 2,787 sqft

Kitchen

  • Features: Breakfast Bar,Kitchen Island,Solid Surface Counters,Walk-in Pantry

Property

Details

  • Parcel number: 088 043V

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Porch
  • Residential vegetation: Grassed

Lot

  • Lot size: 8,712 sqft
  • Features: Level

Parking

  • Parking features: Garage,Garage Door Opener,Kitchen Level
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Ice Storm
Strong Wind
Tornado
Hail

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,931$23,172
Home Insurance *$183$2,196
Property Taxes $717$8,604
Electricity $270$3,249
Total$3,101$37,212
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,320/yr
40% on housing$93,030/yr
45% on housing$82,693/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 30531$158
Habersham County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 30531$169
Habersham County$197

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-03Listed for sale$382,000
2024-02-22Sold$377,695
2024-01-28Pending sale$377,695
2024-01-12Listed for sale$377,695
2023-12-08Listing removed$381,395
2023-10-15Listed for sale$381,395

For Sale by Agent

AgentJerry Harkness
BrokerageKeller Williams Lanier Partners

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