Magnolia Cove is a master-planned waterfront development located in the Blue Creek area of Lake Martin off Highway 49 in Dadeville. The development includes multiple phases with waterfront and water-access homesites, a resort-style pool, hiking trails, and green spaces. Each homesite includes an assigned boat parking slip.
The development has historically been structured to allow for greater rental flexibility compared to many established developments on the lake. The development is turn-key in nature, with home plans available through the developer.
Key Characteristics
Location
Blue Creek area off Highway 49 in Dadeville, eastern shore of Lake Martin.
Property Types
Waterfront homes and water-access homesites across multiple phases.
Typical Price Range
Pricing varies by phase, home type, and water access. Current availability should be confirmed directly.
Setting
Master-planned development with a resort-style pool, hiking trails, and green spaces. Turn-key homes with assigned boat slips per homesite.
Notable Features
Short-term rentals permitted. Assigned boat slip included with each homesite. HOA manages grounds, docks, and amenities.
Nearby
Close to Blue Creek Marina and the Blue Creek corridor restaurants and marinas.
Homes for Sale in Magnolia Cove
Development Context
Magnolia Cove attracts buyers looking for a newer, managed development with investment flexibility. The permitted short-term rental policy is a meaningful differentiator for buyers who intend to rent when not using the property — something that is not available across much of the established lake inventory.