$525,000

49 Penny Ln Newnan, GA 30263

$6,234
Closing credit¹
4 beds
3 full, 1 partial
1.0 acres
House

Property details

About 49 Penny Ln

Beautifully maintained 4 bed/3.5 bath home plus large office/keeping room as well as an elegant formal dining room, situated on a peaceful 1 ac lot, 3 car detached garage/workshop on low traffic cul-de-sac street. This classic traditional beauty offers a wonderful layout with an abundance of living space including 2 huge en-suites, plus 2 additional bedrooms, 3 full baths plus 1 half bath, dramatic 2 story foyer entrance with lots of natural light which reflects the lovingly maintained hardwood flooring, a beautiful bright kitchen is a chef's delight complimented by updated pro-line stainless appliances including stainless fridge with double ice maker, oven-range with a convection feature, abundance of solid oak cabinets, solid surface counters, and a lovely breakfast area with windows and french doors overlooking the sprawling deck and a tranquil view, just off the kitchen is the large laundry room with a separate laundry closet, solid oak cabinet and shelving, retreat to the owner en-suite on the main level offering plenty of privacy and featuring a tiled spa-like bathroom with jetted tub, double vanities, separate shower, large walk-in closet, the well appointed second level features an additional private en-suite with full bathroom as well as 2 additional bedrooms and additional full bath, the second level walkway overlooks the beautiful 2 story family room with ample windows lets in an abundance of natural light, a beautiful brick and mortar wood burning fireplace with gas starter perfect for a cozy crackling fire, the layout and flow of this home offers plenty of privacy as well as providing an abundance of space for a large family and perfect for accommodating and entertaining guests, the huge detached 3 car garage/shop is equipped with workbench, cabinets, power and plenty of overhead fluorescent lighting, and the commercial grade compressor as well as the vintage walk-in cooler are included in the sale. In the attached 2 car garage is an additional stainless fridge and upright freezer, both included in the sale. In addition to all the abundant closet spaces in the home, there is also ample storage space in both the attic of the home as well as the attic space above the detached garage which could potentially be made into another living space, newer roofs and HVAC's, new furnace installed November 2024. You will appreciate the captivating view from the expansive deck with a natural gas grill, the perfect outdoor space for entertaining or just unwinding from your day, and approx 15 min away is historic downtown Newnan with lots of popular eateries and shops, approx 40 min from the ATL airport. This immaculate and spacious home with the detached 3 car garage/workshop is the hallmark of quality construction and an excellent opportunity to reside in a well preserved and sought after community with no HOA.**Tax record is in error and states the home is only 3 bed/2 bath.

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas, Zoned
StatusActive
CoolingCeiling Fan(s), Central Air, Electric, Zoned
Lot size1 Acres
Year built1990
ParkingAttached, Detached, Garage, Garage Door Opener, Kitchen Level, Parking Pad, RV/Boat Parking, Side/Rear Entrance
MLS #10413770
Attached garageYes
FireplaceFamily Room, Gas Starter, Living Room, Masonry

Virtual tour

Summary

  • MLS Number: 10413770
  • MLS Name: Georgia MLS 2
  • Office Name: Bush Real Estate Group
  • Listing Agent: Julie Storms

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a front lawn

$525,000

49 Penny Ln

$6,234

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$135,686$887
2022$127,308$1,212
2021$108,000$903
2020$108,000$903
2018$111,103$1,667
2017$111,104$1,666

History based on county public records data.

Nearby schools

6

Northside Elementary School

Public District PK-5

1.3 mi

720 Country Club Rd

5

Jefferson Parkway Elementary School

Public District PK-5

2.2 mi

154 Millard Farmer Ind Blvd

7

Elm Street Elementary School

Public District PK-5

3.8 mi

46 Elm St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,306. The most common annual income of people living in Newnan, GA is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
37%
35k-100k
23%
100k-200k
12%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
9%
Single, with Kids
44%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
11%
12-17 yrs old
12%
18-34 yrs old
46%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA
  • SoccerSoccer

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • ArbysArbys
  • Cracker BarrelCracker Barrel
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 49 Penny Ln

This home is located at 49 Penny Ln in Newnan, GA and zip code 30263. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $525,000.

Over 3 listings were sold over their listed price in February 2025 in Newnan, GA. In the same period over 43 listings were sold below the listed price and 21 listings were sold for the listed price. The inventory of homes for sale in Newnan, GA between January and February 2025 increased by 18.3%. In February 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $380,044.

From Rocket Homes Real Estate and based on county public records data.

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