Views - Primary on Main
Address
280 W Lake Drive Nw, Atlanta, GA
Price
$ 655,000
Property Attributes
  • MLS#7823538
  • TypeSingle Family
  • Listing Status Active
  • CountyFulton
  • CityAtlanta
  • NeighborhoodGrove Park
  • Zip30314
  • StyleColonial, Ranch, Traditional
  • Year Built1960
  • Taxes$ 2879
  • Price$ 655,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size0.2895 Acres
Data Source:
First Multiple Listing Services (FMLS)
Property Description

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.

Elementary School Middle School High School
F. L. Stanton Elementary School John Lewis Invictus Academy/Harper-Archer Middle School Frederick Douglass High School
Price History
8/18/2026 Listed $655,000

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Dual,Electric,Zoned
Utilities Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Roof Composition
Appliances Dishwasher
Patio/Porch Features Covered,Front Porch,Patio
Architectural Style Colonial,Ranch,Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Brick 4 Sides
Year Built 1960
Electric 110 Volts,220 Volts
View City,Trees/Woods
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 14 014700110614
Waterfront Features None
Community Features None
Accessibility None
County Fulton - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Grove Park
Green Energy Generation None
Other Structures None
Full Baths 6
Status Active
Directions Use GPS is best
High School Frederick Douglass
City Atlanta
Body of Water None
Spa Features None
HOA Fee 2 Frequency Annually
Elementary School F. L. Stanton
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2879
Home Warranty Y/N false
Middle/Junior High School John Lewis Invictus Academy/Harper-Archer
Property Condition Updated/Remodeled
Standard Status Active
Freehold IDX
Corporate Owner Owner/Agent,Sold As/Is

Interior Features

Interior Amenities Double Vanity,Walk-In Closet(s)
Basement Driveway Access,Exterior Entry,Finished,Finished Bath,Full,Interior Entry
Flooring Hardwood,Other
Total Fireplaces 2
Fireplace Features Basement,Brick
Common Walls No Common Walls
Window Features Bay Window(s),Insulated Windows
Laundry Features Electric Dryer Hookup,In Hall,Laundry Closet
Total Bedrooms 6
Room Type Basement,Den,Dining Room,Exercise Room,Kitchen
Main Level Bedrooms 3
Main Level Bathrooms 3
Kitchen Features Cabinets White,Eat-in Kitchen,Kitchen Island
Total Baths 6
RoomBedroomFeatures Master on Main,Split Bedroom Plan
Primary Bathroom Features Double Shower,Double Vanity
Dining Room Features Open Concept

Exterior Features

Exterior Amenities Private Entrance,Private Yard,Rear Stairs
Fencing Back Yard,Privacy,Wood
Parking Features Detached,Driveway,Parking Pad
Lot Features Back Yard,Front Yard,Level,Private,Wooded
Water Source Public
Total Parking 5
Foundation Details Brick/Mortar
Building Area Total 3423
Lot Dimensions x
Lot Size Acres 0.2895
Road Surface Type Concrete,Paved
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment None
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 30314

Statistics provided by Inside Real Estate

Price
AVG $340K
$660K
Taxes
AVG $16,608
$2,879
Year Built
AVG 1960
1960

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