Many homes in this southeast Gainesville neighborhood are located directly along Newnan’s Lake. Newnan’s Lake is one of the most historic and well known lakes in Gainesville and is home to the Gainesville Area Rowing teams. Located 2 miles east of Gainesville, this 5,800 acre lake is stocked with catfish and bream which can be caught year round! Magnolia Estates is south of University Avenue on SE 55th Blvd/Lakeshore Dr. Homes in this community were built between 1965-1990 and are between 1800 – 4439 sq. ft. Palm Point Nature Park is minutes away on a small peninsula along Newnan’s lake and offers spectacular local bird and butterfly population sightings. Zoned for Lake Forrest Elementary, Lincoln Middle, and Eastside High School.