New

280 W Lake Drive NW

Atlanta, GA 30314
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Bed 6

Bed

Bath 4

Bath

SqFt3,424

Sqft

Acres0.29

Acre(Lot)

RARE LIVE-AND-INVEST OPPORTUNITY | FULLY RENOVATED WESTSIDE ATLANTA HOME Rare ownership and investment opportunity in the rapidly transforming Grove Park neighborhood! This fully renovated Westside Atlanta property offers 3,500+ square feet of flexible living space and a unique opportunity to live comfortably on the main level while generating rental income from a private, fully finished terrace-level suite. Ideally located in one of Atlanta's fastest-growing areas, this exceptional property places you just minutes from Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, State Farm Arena, Westside Park, the Atlanta BeltLine, Centennial Yards, Washington Park, and many of the city's most exciting entertainment, dining, and redevelopment districts. MOVE-IN READY WITH MAJOR SYSTEMS UPDATED Thoughtfully renovated between 2021 and 2022, this home offers peace of mind with major systems and components updated, including: HVAC Plumbing Electrical Roof Water heater Windows Appliances Inside, contemporary design and quality finishes create a bright, inviting atmosphere. The chef's kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, refrigerator, and a convenient pot filler. The open-concept floor plan is filled with natural light and designed for both comfortable everyday living and effortless entertaining. The spacious primary suite offers a large walk-in closet, while hardwood floors throughout add warmth and sophistication. FLEXIBLE TERRACE-LEVEL SUITE | LIVE, RENT OR BOTH What truly sets this property apart is its exceptional flexibility and income-producing potential. The fully finished terrace level features a private entrance and includes a separate 3-bedroom, 2-bath suite with a full kitchen and living area. With the appropriate separation and security enhancements, including a steel door with a deadbolt lock, the property can provide two distinct living spaces-creating an ideal setup for: Owner-occupants seeking rental income Multigenerational living Extended family or guests Short-term rentals Mid-term rentals Long-term rental income FULL-HOME INVESTMENT OPPORTUNITY For investors, the entire property can accommodate 6 bedrooms, 4 full bathrooms, 2 kitchens, multiple living areas, dining space, a game room, and a gym, creating a highly flexible configuration for larger groups and rental demand. Whether you choose to live upstairs and rent the terrace level or utilize the entire property as an investment, this home provides multiple strategies for maximizing its utility and income potential. OUTDOOR SPACE + FUTURE POTENTIAL Step outside to a large, fully fenced backyard offering plenty of room for entertaining, pets, gardening, recreation, or creating your own private outdoor retreat. The property is zoned R-4, providing additional flexibility and potential for future expansion, including the possibility of an ADU, subject to applicable zoning requirements and approvals. PRIME WESTSIDE LOCATION With continued investment and redevelopment transforming Atlanta's Westside, this property is positioned to benefit from the area's ongoing growth, improving amenities, increasing demand, and long-term investment potential. Additional convenience comes with the option to purchase the property fully furnished, creating a true turnkey opportunity for an investor or buyer seeking immediate occupancy. Currently operating as a frequently booked short-term rental, showing availability is limited. Whether you're looking for a primary residence with supplemental income, a multigenerational home, or a flexible investment property with multiple revenue strategies, this is a rare opportunity to live, invest, and grow in one of Atlanta's most exciting emerging neighborhoods. Recent Smaller (with 2,000 -2,400 sq ft) SOLD for $500k - $550k range, larger similar in size comps have SOLD for $645k - $675k range. Schedule your private showing today.

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Detail Ic Property Details

Property Type : Residential

Price : $655,000

AD Id : 89664294

MLS Id : 10828139

Beds : 6

Lot Size : 0.29 Acre

Living Area Size : 3,424

Year Built : 1960

County : Fulton

Subdivision: Grove Park

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 3 Main Bedrooms: 3 Room Type: Den,Exercise Room,Family Room Window Features: Insulated Windows

    Bathroom Information

    Total Baths: 4 Full Baths: 4 Half Baths: 0 Full Baths Main: 2 Baths Full Lower: 0 Baths Full Upper: 2

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Kitchen Information

    Kitchen: Kitchen Island,Second Kitchen Dining Room: Dining Rm/Living Rm Combo

    Interior Features

    Double Vanity,Master On Main Level,Separate Shower,Split Bedroom Plan,Walk-In Closet(s) Flooring: Hardwood,Other

    Appliances

    Dishwasher,Disposal,Microwave,Oven/Range (Combo),Refrigerator,Stainless Steel Appliance(s)

    Utilities

    Cable Available,Electricity Available,High Speed Internet,Phone Available,Sewer Connected,Water Available
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric,Zoned

    Heating Source

    Central,Electric,Heat Pump,Zoned

    Fireplace

    Number of Fireplaces: 2 Fireplace Features: Basement,Gas Starter,Living Room

  • Building Information

    Built Year: 1960 Roof Type: Composition Basement: Bath Finished,Exterior Entry,Finished,Full,Interior Entry Levels: Two Property Age: 66
  • Laundry Features

    In Hall

    Construction Materials

    Brick

    Property Condition

    Updated/Remodeled

  • Lot Information

    Lot Size (Acr): 0.289 Lot Size Source: Public Records Lot Features: City Lot,Level,Private
  • Property Information

    Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Grove Park City: Atlanta State: GA Directions: Use GPS is best Property Status: New

  • Listing Price Information

    Original List Price: $655,000

  • Tax Information

    Annual Tax: $3968 Tax Year: 2025
  • Home Warranty

    Home Warranty Paid: No

  • Parking Information

    Parking Features: Electric Vehicle Charging Station(s),Off Street,Parking Pad
  • Homeowners Association Information

    Association: No Association Fee Includes: None Community Features: None

  • School Information

    Elementary School: F L Stanton High School: Douglass Middle School: J L Invictus Source Neighborhood: Grove Park
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
594 Parsons Street, Atlanta, GA, 30314 $375,000 -- -- --
594 Parsons Street, Atlanta, GA, 30314 $375,000 3 3 1,639 1,639 SqFt
594 Parsons Street SW, Atlanta, GA, 30314 $375,000 3 2 1,639 1,639 SqFt
658 Magnolia Street, Atlanta, GA, 30314 $280,000 3 3 --
250 Sunset Avenue, Atlanta, GA, 30314 $799,999 5 3 --
258 NW Sunset Avenue, Atlanta, GA, 30314 $700,000 5 4 5,614 5,614 SqFt
258 Sunset Avenue NW, Atlanta, GA, 30314 $700,000 5 4 5,614 5,614 SqFt
702 Foundry Street NW, Atlanta, GA, 30314 $749,900 3 2 --
702 Foundry Street, Atlanta, GA, 30314 $749,900 3 4 --
111 Griffin Street, Atlanta, GA, 30314 $259,440 4 2 1,312 1,312 SqFt
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

ByOwner last updated this listing 08/25/2026 @ 01:21

MLS: 10828139 LISTED BY: Roland Kier, America's Best Smart Realty 678-350-6668 SOURCE: Georgia MLS

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