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173 Freeman Forest Dr, Newnan, GA, 30265

6beds
4baths
3,200sqft
$449,999
$141price/sqft
$3,702/moest. monthly cost
$148,080/yrincome needed

About This Home

A rare opportunity in Summer Grove — a fully reimagined six-bedroom, four-bath residence designed for true multi-generational living. Featuring two completely independent, high-end living spaces, this home delivers the privacy, flexibility, and modern luxury today’s families are searching for. The main level showcases four spacious bedrooms and two beautifully renovated baths, anchored by a bright, designer kitchen with quartz countertops, stainless steel appliances, and a seamless flow into the open-concept living area. The primary suite offers a spa-inspired retreat with a soaking tub, walk-in shower, and elevated finishes throughout. A dedicated laundry room and two-car garage complete this thoughtfully updated level. The terrace level has been transformed into a full secondary residence, perfect for parents, adult children, long-term guests, or income-producing potential. This private suite includes two bedrooms, two full baths, a brand-new kitchen with quartz counters and shaker style cabinetry, modern fixtures, and its own laundry connections. With a private entrance and full separation from the main level, it feels like a luxury apartment — ideal for multi-gen living without compromise. The property’s layout offers exceptional versatility, and the lot provides the option to add a rear driveway, creating the possibility of two fully independent residences with private access for each. Located in the highly desirable Summer Grove community, residents enjoy access to the lake, walking trails, golf, pools, tennis, and convenient proximity to schools, shopping, dining, and major commuter routes. This home blends modern design, multi-gen functionality, and high-end craftsmanship in one of Newnan’s most sought-after neighborhoods.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
Welch Elementary SchoolGrades PK-50.7 mi
5/10
Lee Middle SchoolGrades 6-83.6 mi
6/10
East Coweta High SchoolGrades 9-123.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2001

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Gas Oven,Gas Water Heater,Microwave,Refrigerator,Washer
  • Laundry features: In Basement,In Hall,Lower Level,Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Finished Bath,Interior Entry,Walk-Out Access

Bedroom

  • Features: Master on Main

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Features: Open Concept, Separate Dining Room

Features

  • Double Vanity
  • Window features: Double Pane Windows
  • Flooring: Carpet,Hardwood,Luxury Vinyl,Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Hot Water,Natural Gas
  • Cooling features: Central Air,Gas

Interior Area

  • Total structure area: 3,200
  • Total interior livable area: 3,200 sqft

Kitchen

  • Features: Cabinets White, Kitchen Island, Second Kitchen, Stone Counters, View to Family Room

Master Bathroom

  • Features: Double Vanity, Separate Tub/Shower, Soaking Tub

Master Bedroom

  • Features: Master on Main
  • Level: Master on Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: SG7 128
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: None
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: Neighborhood,Trees/Woods
  • Waterfront features: None
  • Waterbody name: None

Lot

  • Lot size: 0.31 Acres
  • Features: Back Yard

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Georgia Counties

Flood
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 $2,275$27,300
Home Insurance *$224$2,688
Property Taxes $893$10,716
Electricity $310$3,730
Total$3,702$44,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,925/yr
40% on housing$111,060/yr
45% on housing$98,720/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: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 30265$175
Coweta County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 30265$183
Coweta County$184

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
2026-05-07Price change$474,999
2026-04-03Listed for sale$484,999
2026-02-25Listing removed$485,000
2025-11-14Price change$485,000
2025-09-25Listed for sale$509,999
2024-07-10Sold$380,000
2024-06-18Pending sale$375,000
2024-05-22Listed for sale$375,000
2021-07-29Sold$350,000
2021-06-27Pending sale$347,500
2021-06-23Listed for sale$347,500
2021-03-23Listing removed--
2013-08-02Sold$163,000
2012-07-20Listing removed$173,000
2012-06-30Price change$173,000
2012-05-29Listed for sale$165,000
2012-01-30Listing removed$204,900
2011-05-27Listed for sale$204,900
2011-04-03Listing removed$154,900
2011-02-25Listed for sale$154,900
2011-02-19Pending sale$154,900
2011-02-11Price change$154,900
2011-01-13Price change$159,900
2010-12-22Price change$164,900
2010-11-25Listed for sale$204,900
2010-11-22Sold$158,634
2008-12-31Sold$184,000
2005-04-04Sold$203,000
2001-12-21Sold$192,800

For Sale by Agent

AgentJohnathan Hust
BrokerageImpact Brokerage & Consulting

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