436 Forrest Avenue, Fayetteville, GA 30214

$369,000

*Back on Market at No Fault of the seller or property* Magnolia Cottage on the Lake is a 3BR/2.5BA Home nestled in the trees on 3.5 Acres overlooking Indian Lake - a City of Fayetteville 20+ Acre lake. Indian Lake is private access, shared by only a few residents -… Read More stocked with bass, catfish & bream with excellent fishing. Magnolia Cottage earned its name from all the Magnolia trees spread throughout the property - seen alongside the long driveway leading back to the house. The Home is a 3 Bedroom/2.5 Bathroom with office/bonus room & full unfinished basement (888 Sq Ft)... 2 car garage, shed outbuilding & fenced backyard with panoramic views of the lake. Charming rocking chair front porch perfect for sipping your morning coffee as the warmth of the sun sets in. Enter the home to see the Living room to the right with a stone fireplace/ wood-burning stove - Bay window sitting area overlooks the lake - Kitchen w/ gas stove perfect for home chef - Sliding glass doors access the back porch - Dining room ready for family dinners - Bonus room / office area with tons of natural light - Half bathroom located off main living space - Upstairs there are three bedrooms and 2 full baths. Bedroom #1 (11'x10.5'), Bedroom #2 (15.5'x10.5') allows plenty of space for king size bed and sitting area - Full bathroom located off hallway - Lastly, the large master bedroom (17'x28') gives plenty of room for a king size bed, seating area around the fireplace, vanity area... large walk-in closet, and a views of the lake. Downstairs is a full unfinished basement w/ 2 windows & exterior entry access. (currently used as bedroom & game room) - This cottage just needs a little love to bring it to it's full potential. Truly one of a kind location, 5 minutes to everything you need in Fayetteville - Fully livable, this property is a blank canvas with good bones and great possibilities for the next owner... priced with that in mind. Fenced area ready for pets or children to play. Follow a short path to the lake for a canoe ride, fishing and catching fireflies. Nature's oasis, minutes to conveniences. At the end of the day walk on the back deck to enjoy the sounds of nature and watch the sunset over the lake or the moon's reflection dance on the water. The trees sway a whisper, the frogs plop as they plunge into the water. Property Sold as-is. Read Less

Listing courtesy of Coldwell Banker Bullard Realty [email protected]

Listing Snapshot

Days Online

Last Updated

Apr 4, 2026

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

1,980

Lot Size

3.52 Acres

Year Built

1978

MLS Number

10699712

30 Days Snapshot Of 30214

$485k

+8%

(avg) sold price

-47%

homes sold

-58%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Dishwasher, Dryer, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Washer

Basement

Daylight, Full, Unfinished

Building

1,980 finished sqft above grade, 888 unfinished sqft below grade, 1,980 total finished sqft, Built in 1978, Traditional, Wood Siding, Three Or More, House

Community

None

Cooling

Ceiling Fan(s), Central Air

Dining Room

Separate Room

Exterior Features

Deck, Porch

Fireplaces

2 fireplaces, Family Room, Master Bedroom

Floors

Laminate

Water Features

Water body: City of Fayetteville - Indian Lake, 363 waterfront footage, Lake

Heating

Central, Electric

Home Owner's Association

None

Interior Features

Beamed Ceilings, Walk-In Closet(s)

Lot

Leased Land: No, 3.52 acres, Private, Wooded

Parking

Parking Total: 2, Attached

Property

No Common Walls, Lakefront, Outbuilding, Resale, Single Family Residence, Lake

Roof

Composition

Sewer

Septic Tank

Taxes

Annual Amount: $3,699, Year: 2024

Utilities

Electricity Available, High Speed Internet, Public

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