507 E Lake Drive
Decatur, GA 30030
3
Bed
1
Bath
943Sqft
0.27Acre(Lot)
Rare opportunity to build your dream home or start your next luxury project on a wide, level corner lot in the middle of it all! Walk out your front door to the wide, welcoming sidewalks and wonderful, pedestrian friendly neighborhood of Oakhurst. Located across from the Oakhurst Park & Dog Park, walkable to the amazing restaurants and entertainment of downtown Oakhurst, the East Lake MARTA station and minutes from downtown Decatur, Kirkwood and more! Highly coveted City of Decatur schools and neighborhood magic including the annual Porchfest music festival! Being sold "as-is" ideally to be torn down and rebuilt but the property is currently occupied. Terrific opportunity for top notch Builders or Buyers looking for the perfect place to create a masterpiece!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3 Bedrooms On Upper Level: 0 Bedrooms On Lower Level: 0 Main Bedrooms: 3 Room Type: Family Room,Other Window Features: Insulated WindowsBathroom Information
Total Baths: 1 Full Baths: 1 Half Baths: 0 Full Baths Main: 1 Baths Full Lower: 0 Baths Full Upper: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Master On Main Level Flooring: Carpet,OtherAppliances
Oven/Range (Combo)Utilities
Cable Available,Electricity Available,High Speed Internet,Natural Gas Available,Phone Available,Sewer Available,Sewer Connected,Water Available -
Cooling Features
Central AirHeating Source
Forced AirFireplace
Number of Fireplaces: 1
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Building Information
Built Year: 1938 Roof Type: Composition Basement: Crawl Space Levels: One Property Age: 88 -
Laundry Features
In GarageConstruction Materials
Wood SidingProperty Condition
Resale
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Lot Information
Lot Size (Acr): 0.27 Lot Size Source: Public Records Lot Features: Corner Lot,Level -
Property Information
Property Type: Residential Property Sub Type: Single Family Residence Structure Type: House Subdivision: Oakhurst City: Decatur State: GA Directions: At the corner of 3rd Ave and E Lake Dr. Driveway on 3rd Ave Property Status: New
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Listing Price Information
Original List Price: $700,000
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Tax Information
Annual Tax: $7245 Tax Year: 2025 -
Home Warranty
Home Warranty Paid: No
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Parking Information
Parking Features: Off Street -
Homeowners Association Information
Association: No Association Fee Includes: None Community Features: Park,Playground,Sidewalks,Tennis Court(s),Walk To Public Transit,Walk To Schools,Walk To Shopping
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School Information
Elementary School: Oakhurst High School: Decatur Middle School: Beacon Hill Source Neighborhood: Oakhurst
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1406 Dorothy Drive, Decatur, GA, 30030 | $369,000 | 3 | 2 | 1,305 | 0.25 Acre |
| 1406 Dorothy Drive, Decatur, GA, 30030 | $369,000 | 3 | 2 | 1,305 | 0.25 Acre |
| 1201 Walker Drive, Decatur, GA, 30030 | $469,900 | 4 | 2 | 1,450 | 0.24 Acre |
| 1091 Walker Drive, Decatur, GA, 30030 | $384,900 | 3 | 1 | 1,560 | 0.37 Acre |
| 1347 Dorothy Drive, Decatur, GA, 30030 | $600,000 | 4 | 2 | 2,200 | 0.23 Acre |
| 1347 Dorothy Drive, Decatur, GA, 30030 | $600,000 | 4 | 3 | 2,200 | 0.23 Acre |
| 822 Grove Bend, Decatur, GA, 30030 | $660,000 | 4 | 4 | 2,368 | 0.02 Acre |
| 1091 Walker Drive, Decatur, GA, 30030 | $384,900 | 3 | 1 | 1,560 | 0.37 Acre |
| 826 Grove Bend, Decatur, GA, 30030 | $695,000 | 4 | 4 | 2,575 | 0.02 Acre |
| 822 Grove Bend, Decatur, GA, 30030 | $660,000 | 4 | 4 | 2,368 | 0.02 Acre |
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Nearby For Sale
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 09/05/2026 @ 07:38
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