Listing provided courtesy of J Stedman and Associates, Inc.MLS# 7723330MLS Provider
  • 119 days on site
  • 75 views

This is an Estate sale, and the property is offered in as-is condition; no seller concessions or repairs are offered. This is your opportunity to create a LARGE amount of sweat equity. The property is in move-in condition, just needs updating to make it your dream home. Wonderful opportunity to create your dream home in a well-established Ruby Forest Subdivision in beautiful, sought after Suwanee, GA!! Supremely located about 1 hour north of Atlanta and 2 miles from Suwanee Town Center, which offers a full calendar of community events, entertainment, dining, shopping, arts, parks, recreation and more. The city also offers complimentary bicycles to explore the downtown area free of charge for the first two hours! Tons of trails and bicycle friendly areas to experience. Too many community perks to name for Suwanee residents and visitors alike! Ranch style living on the main level with a full finished basement, perfect for a guest suite that offers full apartment style setting with 2 private entrances, a fully functional kitchen, living room, 2 bedrooms, and 1 bathroom, adding approximately 1550 sq ft of additional living space. Two complete and separate living spaces, upstairs and downstairs, could be a great income producing opportunity!! Live on one level and rent the other or rent both!! NO HOA RENT RESTRICTIONS!! Basement is fully insulated for sound reduction between upstairs level and down. Basement workshop has 20ft workbench and plenty of additional storage space. Large parking pad accommodates 4 vehicles in addition to 2 car garage. Picturesque sidewalks in a wonderful community with connecting paths leading to George Pierce Park makes for a lovely evening walk. The neighborhood includes tennis courts, playground and a clubhouse with a pool access. Don't miss this opportunity! This home is waiting to be your vision brought to life!

Source: FMLS, MLS#: 7723330

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  • Property Type
    Residential
  • Lot
    0.34 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 4050 Magnolia Leaf Lane


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/30/2026Source: FMLS Price Reduction
$545,000 -9.2%
6/13/2026Source: FMLS Price Reduction
$599,995 -6.2%
6/4/2026Source: FMLS Price Reduction
$639,500 -2.7%
5/14/2026Source: FMLS Price Reduction
$657,495 -2.2%
5/3/2026Source: FMLS Price Reduction
$672,495 -1.5%
4/22/2026Source: FMLS Price Reduction
$682,495 -2.5%
4/6/2026Source: FMLS Price Reduction
$699,995 -1.0%
3/25/2026Source: FMLS Price Reduction
$706,875 -2.5%
3/3/2026Source: FMLS Added to Database
March 03, 2026