266 Magnolia Villas Dr, Cornelia, GA, 30531
About This Home
Making your neighbors jealous since 2026! This completely finished basement is truly a MUST SEE!!! First of its kind!!! Welcome to 266 Magnolia Villas Drive (LOT 118) 2408 floor plan on a full basement, offering approx. 3162 sq ft with 5 bedrooms and 3.5 baths. This open-concept design features a spacious kitchen overlooking the main living area with electric fireplace and durable LVP flooring throughout the main level. The primary suite includes a spa-style bath with dual vanities, separate shower and soaking tub, and a large walk-in closet. The full basement provides endless potential for future living space or storage. Quality construction, energy-efficient features, and a builder warranty complete this beautiful home. Convenient location near shopping, schools, and major roadways.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Roof: Shingle
- Construction materials: Blown-In Insulation,Brick Front,HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Oven,Microwave
- Laundry features: Laundry Room,Upper Level
Basement
- Has basement: Yes
- Basement: Finished,Finished Bath,Full,Walk-Out Access
Bedroom
- Features: Other
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Features: None
Features
- Double Vanity
- Window features: Double Pane Windows,Shutters
- Flooring: Carpet,Luxury Vinyl
- Number of fireplaces: 1
- Fireplace features: Electric,Family Room
- Fireplace: Yes
- Attic: Pull Down Stairs
- Finished area below ground: 754
- Finished area above ground: 2,408
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 3,162
- Total interior livable area: 3,162 sqft
Kitchen
- Features: Breakfast Room, Country Kitchen, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
Master Bathroom
- Features: Separate Tub/Shower, Soaking Tub
Master Bedroom
- Features: Other
- Level: Other
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 088 040D
- Other equipment: None
- Horse amenities: None
Features
- Levels: Three Or More
- Pool features: None
- Patio & porch: Covered
- Exterior features: None,No Dock
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Waterbody name: None
Lot
- Lot size: 0.28 Acres
- Features: Back Yard
Parking
- Total spaces: 2
- Parking features: Garage,Garage Faces Front
- 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
- Lightning
- Cold Wave
- Ice Storm
- Strong Wind
- Tornado
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,106 | $25,272 |
| Home Insurance * | $200 | $2,400 |
| Property Taxes | $826 | $9,912 |
| Electricity | $307 | $3,686 |
| Total | $3,439 | $41,268 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $424,900 |
| 2026-05-04 | Listing removed | $442,888 |
| 2026-04-06 | Listed for sale | $442,888 |
| 2026-03-30 | Listing removed | $447,013 |
| 2026-02-06 | Listed for sale | $447,013 |
| 2011-04-11 | Sold | $4,000 |
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