5 bedroom Single Family Residence at 163 Magnolia Place Trail, Waterfall at Lake Burton, Clayton — photo 1Front elevation
5 bedroom Single Family Residence at 163 Magnolia Place Trail, Waterfall at Lake Burton, Clayton — photo 2Living space
5 bedroom Single Family Residence at 163 Magnolia Place Trail, Waterfall at Lake Burton, Clayton — photo 3Kitchen
5 bedroom Single Family Residence at 163 Magnolia Place Trail, Waterfall at Lake Burton, Clayton — photo 4Owner's suite
5 bedroom Single Family Residence at 163 Magnolia Place Trail, Waterfall at Lake Burton, Clayton — photo 5Exterior / yardView all 94 photos →
New — 1 day on market Single Family Residence
$1,395,000
5-Bedroom Home in Waterfall at Lake Burton

163 Magnolia Place Trail, Clayton, GA 30525

Single Family Residence in Waterfall at Lake Burton, Clayton · No CDD
Waterfall at Lake Burton · Clayton, GA 30525 · Rabun
Listing data updated September 9, 2026 · refreshed twice daily
5Bedrooms
5Bathrooms
5,244Sq Ft
2004Year Built
$266Per Sq Ft
GarageNo CDD5 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
42% below
$/sq ft vs community
$266 here vs $460 median sold (12 mo)
Buyer leverage
Buyer advantage
1 days on market
28.0 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
$5k–$10k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 1 of 3
Price vs recent sales
Asking $1.40M tops 1 of the last 3 closed sales; also one of the largest homes here at 5,244 sq ft

Sources: Georgia MLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights

As of September 9, 2026, 163 Magnolia Place Trail in Waterfall at Lake Burton, Clayton is listed at $1,395,000 (5,244 sq ft, about $266 per sq ft). That sits within a few percent of Waterfall at Lake Burton's median closed sale of $1,500,000 over the last 12 months (3 recorded sales). Per square foot it is below the community's recent $460/sq ft by about 42%. It came to market within the past week. Listing facts: built in 2004. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 2004 · 22 yrs
  • 5,244 sq ft of living area
  • Garage
  • Listed at $1,395,000 — recent neighborhood median sale price ~$1,500,000 (nearby sales; deemed reliable, not an appraisal)
  • New to market
  • HOA ~$50/mo (estimate; confirm)
Momentum Research · Waterfall at Lake Burton

Pricing & the Waterfall at Lake Burton market

How this home is priced against recent nearby sales, and where Waterfall at Lake Burton has been over 25 years. Momentum Research analysis of Georgia MLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.

This home’s $/sq ft vs. nearby sales

List $/sq ft against recent nearby closed sales; the community median is marked.

Price per sq ft · this home vs. recent nearby salesThis homeThis home: $266/sq ft$266608 Winterberry Drive608 Winterberry Drive: $460/sq ft$460Community median $460

Median $/sq ft by year

Community sold $/sq ft, 2024–2026. This home lists at $266/sq ft.

$353$412$4712024: $36520242025: $43620252026: $4602026

Median sale price by year

12-month median closed price, 2024–2026.

$1.4M$1.7M$2.0M2024: $1.5M20242025: $1.9M20252026: $1.5M2026
Property timeline

This home’s history

  • 2004BuiltPer public record
  • Sep 7, 2026First trackedObserved at $1,395,000
  • NowActiveCurrently for sale

Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Financing

Estimated monthly payment

$9,060/mo
  • Principal & interest $7,209/mo 80%
  • Taxes $1,221/mo 13%
  • Insurance $581/mo 6%
  • HOA $50/mo 1%

$9,060/mo at 20% down, 30-yr @ 6.71% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Momentum Scores

Momentum Property Score

64/100
Strongest on: Price vs area (100), Pricing power (100)
0 limited50100 exceptional

64/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Price vs area100
This home $266/sq ft vs the community 12-month median $460/sq ft.
Affordability62
List price $1,395,000 vs the community median $1,500,000. Not a measure of personal affordability.
Market liquidity15
Community median 198 days on market, ~28.0 months of supply (12-month record).
Renovation upside44
From a 2004 build and $266/sq ft vs the community median $460/sq ft. Not a condition assessment.
Pricing power100
Recent sales closed at about 87.9% of original asking (~12.1% below). More room below asking generally favors buyers.

Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Momentum Research

The Momentum read

🟢 Buyer-leaning conditions around this listing. 28.0 months of supply in the surrounding market and 1 days on market for this home, against a 198-day area median.Days on market:this home 1Area median:  198 daysWhy it matters: above-median time on market, together with the level of supply, is a clear sign of how much leverage sits with buyers.Momentum Research interpretation of the MLS facts in the snapshot above. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. As of September 3, 2026.

🟡 Asking $266 per square foot, about 42% below the community’s $460 median. Waterfall at Lake Burton’s 12-month median sold price per square foot is $460. Median sold price per square foot is down 23.1% year over year. Confidence: Low · 3 closed sales in 12 monthsMLS facts: Georgia MLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.

Recent Waterfall at Lake Burton sales closed near 87.9% of original asking.Why it matters: the community’s own record shows how far opening prices typically move, and how often buyers compete without financing.Momentum Research analysis of Georgia MLS records, community-level, 12 months ending September 3, 2026. Aggregates only; deemed reliable but not guaranteed.

What’s unique here: one of only 7 active listings in Waterfall at Lake Burton, no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated September 9, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Listing description

About this home

A rare opportunity in Waterfall at Lake Burton! An exceptional advantage accompanies the purchase of 163 Magnolia Place Trail: the new owner may immediately activate a transferable membership in The Waterfall Club, choosing either Social or Full membership, with no waiting period. Upon completion of required Club paperwork, closing on the home and payment of the applicable transfer fee, the Buyer can begin enjoying the Waterfall Club lifestyle.

Beautifully maintained and thoughtfully prepared for sale, this 5,244 heated sq. ft. home offers three levels of gracious mountain living, with views across an upper basin of Lake Burton and toward the surrounding mountains.

Built in 2004 with top-quality finishes, the home features beautiful hardwood floors, handsome moldings and cabinetry, and a dramatic floor-to-ceiling stacked-stone fireplace flanked by custom cabinets in the main living room. The spacious main-level primary suite is a private retreat with its own fireplace and both lake and mountain views. The oversized bath features separate vanities, a jetted soaking tub, large shower and generous walk-in closet that connects directly to the laundry room.

With kitchen-level entry from the immaculate two-car garage, only three steps into the house, and the primary suite, laundry and principal living spaces all on the main floor, everyday living can take place entirely on one level. A flexible main-level room provides the perfect setting for an office, library or quiet retreat. Three additional bedrooms are upstairs.

Every bedroom in the home enjoys en-suite bath access. The fifth bedroom is on the terrace level and offers wonderful flexibility as a private guest suite or dedicated home theater. A projection room is already in place and can alternatively serve as a walk-in closet.

The terrace level was designed for entertaining, with a large wine cellar, entertainment bar with sink and icemaker, fireplace and pool table area. Doors open to the terrace-level deck and included hot tub, providing yet another place to relax and enjoy the mountain setting. Outdoor living is equally inviting.

Enjoy meals on the screened dining porch, relax on the open deck, or settle into the covered main-level deck with its outdoor television area. From this elevated setting, the home looks across an upper Lake Burton basin and toward the mountains beyond. The views become especially dramatic in the cooler months, when the leaves fall and the moon rises above the mountain-a glorious sight from the home and decks.

The approximately quarter-acre homesite offers the advantage of minimal exterior upkeep, making this an appealing choice for either full-time or second-home living. The exterior combines Hardie shake siding with natural stone, while a generator provides additional peace of mind. The exceptionally clean two-car garage includes additional overhead storage.

The sellers have taken unusual care in preparing this property for its next owner, commissioning a pre-listing home inspection and addressing the items identified before bringing the home to market. The interior has also been freshly painted, leaving the home pristine and ready for its new owner. Select furnishings are included with the sale, including the hot tub and pool table, making the transition to the Waterfall lifestyle even easier.

With beautiful Lake Burton and mountain views, exceptional entertaining spaces, complete main-level living and the rare opportunity to step directly into membership at The Waterfall Club, 163 Magnolia Place Trail offers a compelling combination of comfort, quality and lifestyle. Waterfall Club membership is separate from property ownership and is subject to completion of required Club documentation, closing of the property purchase and payment of the applicable transfer fee. Membership details and requirements should be confirmed directly with the Club Membership Director.

Description provided by Rabun Realty and reproduced from the MLS; not independently verified.

Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$1,395,000
Bed / bath5 / 5
Living area5,244 sq ft
Year built2004
Property typeSingle Family Residence
GarageYes
MLS #10841147
Listing statusNew &mdash; 1 day on market

Public records & third-party data

FEMA flood zoneNot verified — check msc.fema.gov
Windstorm exposureLow
CountyRabun
Area listings7 active · 2 under contract
Estimated first-year tax~$14,648/yr
CDD assessmentNone on record
HOA (estimate)$50/mo

Calculated estimates

Price per sq ft$266
Estimated monthly payment$9,060
Insurance (illustrative)$5k–$10k/yr
Comparable-sales median$1,500,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Listing courtesy of Rabun Realty · Listing agent: Lynda R Hester · 706-968-9393Provided via the Georgia MLS (GAMLS) Internet Data Exchange · Source: Georgia MLS (GAMLS) · © 2026 Georgia MLS. Information is deemed reliable but is not guaranteed. · deemed reliable but not guaranteedIDX information 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. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
The Messtimate™

The Messtimate

This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.

$2,123,820the mess$2,700,660

Actual list price: $1,395,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.

A 27% spread on the same house — and that gap is exactly what an automated guess can't see:

  • Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
  • The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
  • Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
  • Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.

And here's what the live market is doing — which the number above ignores entirely:

  • This home: 1 days on market vs. a 198-day community median
  • 10 active listings competing, 2 under contract
  • 28.0 months of supply
  • 3 closed here in the last 12 months

For reference, this home is listed at $1,395,000 ($266/sq ft) — a number set with analysis a Messtimate can't do.

Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.

Selling your own home? Try the Messtimate on your address →

Methodology: 5,244 sq ft × $405–$515/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated September 9, 2026.

Keep looking

Similar homes for sale near Waterfall at Lake Burton

Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $1,395,000Momentum Realty · on market 1 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$14,648/yr

A rough first-year estimate only, applying a typical Rabun rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None

No CDD assessment on record for this community.

Insurance (illustrative range)
$5k–$10k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood zone not verified for this address — check msc.fema.gov and confirm coverage. Get a quote from a licensed insurer before relying on any figure.

HOA
$50/mo

Covers the master association & common areas. Confirm exact dues and what they include.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Not verified

Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.

Ground elevation
Not on record

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.

Connectivity

Internet & broadband

Fiber
Check availability

AT&T Fiber covers much of NE Florida; confirm availability at the address.

Cable
Likely

Xfinity/Spectrum cable broadband is widely available.

5G Home
Backup

T-Mobile / Verizon fixed-wireless as a backup option.

Seen enough photos?

Want to see 163 Magnolia Place Trail?

Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.

Listed by Rabun Realty · MLS # 10841147

Request a showing

or call (904) 351-6461
Market data · public records

Recent sales activity in Waterfall at Lake Burton

Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the Waterfall at Lake Burton neighborhood guide for more.

Comparable sales found
1

Recent nearby closings in the data set.

Community median sale price
$1,500,000

Canonical 12-month median closed price. Reference only.

Community median $/sq ft
$460

Canonical 12-month median $/sq ft. Reference only.

Go deeper on Waterfall at Lake Burton

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

Assigned schools

Assigned schools

Schools currently assigned to this address in Rabun County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

RabunAssigned elementary school · Rabun County School District
RabunAssigned middle school · Rabun County School District
RabunAssigned high school · Rabun County School District
How it stacks up

Comparable recent sales

Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.

Community 12-month median: $460/sq ft. Shown for general reference only — this is not an appraisal or a statement of this home's value. Sold prices are public record and deemed reliable but not guaranteed.

If you rent it out

Investment snapshot

Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.

Estimated rent$6,394 – $9,300/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.5%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$2,855 – −$240At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide

Buyer research checklist

Items worth confirming for 163 Magnolia Place Trail, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 2004 (22 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • Confirm whether a mandatory HOA applies to this parcel and what it charges.
  • Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
  • Get a homeowners insurance quote for this specific address in Rabun County; age of roof and any prior claims affect the premium.
  • Listed living area is 5,244 sq ft: verify it against the property appraiser's record and measure before relying on it.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $14,648/yr) assumes reassessment at the list price; confirm exemptions with the county tax assessor.
  • School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Nearby & commute

Approximate distances

Approximate drive times for general reference only.

City
Clayton

Groceries, dining, and parks for this city — see the city guide.

County
Rabun

Schools, taxes, and services are county-administered — see the county guide.

Community
Waterfall at Lake Burton

Amenities and HOA/CDD detail on the neighborhood guide.

View →
Provenance

Data sources & freshness

Listing recordGeorgia MLS, refreshed twice daily (last: September 9, 2026)
Community market statsGeorgia MLS closed sales, as of September 3, 2026
Flood zone & elevationNot verified for this address — look it up at msc.fema.gov
Taxes & monthly costEstimated from county rates; not a quote
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

How big is 163 Magnolia Place Trail and when was it built?

Per the listing record, 163 Magnolia Place Trail was built in 2004 and has 5,244 sq ft of living area, 5 bedrooms and 5.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 163 Magnolia Place Trail in?

163 Magnolia Place Trail is in Waterfall at Lake Burton in Clayton, Rabun County. The community section on this page shows recent closed sales, days on market, and active inventory for Waterfall at Lake Burton from the same MLS data.

How are property taxes on 163 Magnolia Place Trail estimated?

The estimate on this page (about $14,648 per year) assumes the county reassesses at the list price. Georgia counties reassess after a sale and exemptions such as homestead must be applied for by the new owner, so the seller's current bill is not a guide. Confirm with the county tax assessor.

Is 163 Magnolia Place Trail in a flood zone?

A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with your insurer.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 163 Magnolia Place Trail in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Georgia MLS (GAMLS) Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: Georgia MLS (GAMLS). © 2026 Georgia MLS. Information is deemed reliable but is not guaranteed. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.