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5308 Magnolia Grove Way #184, Gainesville, GA, 30504

4beds
3baths
1,598sqft
$319,990
$200price/sqft
$2,138/moest. monthly cost
$85,520/yrincome needed

About This Home

Welcome to The Grove at Mundy Mill, a modern townhome community in Gainesville, Georgia. Conveniently located just one mile from I-985, this community offers easy access to Lake Lanier, downtown Gainesville, and major highways, combining the best of location and lifestyle. The Grove at Mundy Mill features spacious 3- and 4-bedroom, 2.5-bathroom townhomes with approximately 1,600 square feet of living space. The floor plans boast 9-foot ceilings on the main level and hard surface flooring throughout. The family room includes a recessed fireplace and smart ceiling fan. The kitchen is designed for modern living with a large granite island, pull-out faucet, cup wash station, pendant lighting, and ample cabinet space. The spa-inspired owner's bathroom offers high-end finishes such as a freestanding tub, smart toilet, vessel sinks, rain head shower with bench, and LED mirrors with Wi-Fi and defroster. Secondary bathrooms feature granite countertops and rain head showers. All homes include full blinds, smart home technology with a smart home panel and smart thermostat, a UV HVAC air purification system for improved indoor air quality, and garages pre-wired for electric vehicle charging stations.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
Mundy Mill AcademyGrades PK-50.6 mi
4/10
4/10
Gainesville High SchoolGrades 9-123.8 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Composition
  • Construction materials: Concrete

Type & Style

  • Home type: Townhouse
  • Architectural style: Brick Front
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Electric Water Heater,Microwave
  • Laundry features: Upper Level

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Double Vanity,High Ceilings,Roommate Plan
  • Window features: Double Pane Windows
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Factory Built
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,598
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

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

Interior Area

  • Total structure area: 1,598
  • Total interior livable area: 1,598 sqft

Kitchen

  • Features: Breakfast Area,Breakfast Bar,Kitchen Island,Walk-in Pantry

Property

Details

  • Parcel number: 08024 005738
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Garden
  • Waterbody name: None

Lot

  • Features: Level,Private

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • 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

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado

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 $1,618$19,416
Home Insurance *$118$1,416
Property Taxes $183$2,196
Electricity $219$2,637
Total$2,138$25,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,302/yr
40% on housing$64,140/yr
45% on housing$57,013/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: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 30504$187
Hall County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 30504$215
Hall County$185

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)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$319,990
2026-07-16Price change$319,990
2026-07-02Price change$324,840
2026-03-27Pending sale$319,990
2026-02-15Listed for sale$319,990

New Construction

AgentSamuel D Bass
BrokerageDFH Realty Georgia

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