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280 W Lake Drive Nw, Atlanta, GA 30314

$685,000
  • 280 W Lake Drive Nw, Atlanta, GA 30314 Main Photo

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Active
BEDS6 BATHS4 full SQUARE FEET3,524 MLS#10742139
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGrove Park NEIGHBORHOODAtlanta

Property Description

Seller Offering 3% Toward Interest Rate Buy-Down with Full-Price Offer** Rare opportunity to own a fully renovated, turnkey, income-producing Westside Atlanta property offering over 3,500 square feet of flexible living space in the rapidly transforming Grove Park neighborhood.** Ideally positioned in one of Atlanta's fastest-growing areas, this exceptional property places you minutes from Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, State Farm Arena, Westside Park, the BeltLine, Centennial Yards, Washington Park, and Atlanta's leading entertainment and redevelopment districts.** Fully updated between 2021-2022, this move-in-ready home offers peace of mind with major systems already replaced, including: HVAC Plumbing Electrical Roof Water heater Windows Appliances **Inside, contemporary design and high-end finishes create a bright, welcoming atmosphere. The chef's kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, a refrigerator, and a convenient pot filler. The open-concept layout is filled with natural light and designed for both comfortable everyday living and effortless entertaining.** The spacious primary suite includes a large walk-in closet, while hardwood floors throughout add warmth and sophistication to the home's modern aesthetic.** What truly sets this property apart is its exceptional flexibility and income-producing potential. The fully finished terrace level features its own private entrance and includes a separate 3-bedroom, 2-bath suite complete with a full kitchen and living area-ideal for multigenerational living, guest accommodations, or rental income.** Whether entertaining friends, hosting guests, or creating multiple income streams, the home offers the versatility and space today's buyers are seeking.** Ownership & Investment Options Owner-Occupant Opportunity: Live comfortably on the main level while generating rental income from the private terrace-level suite Income-Producing Property: Utilize the terrace level for short-, mid-, or long-term rental income Full Investment Opportunity: Rent the entire home featuring 6 bedrooms, 4 full bathrooms, 2 kitchens, multiple living areas, dining space, game room, and gym-ideal for larger groups and high-demand rental stays** Step outside to a spacious, fully fenced backyard offering endless possibilities for entertaining, pets, gardening, or creating your own private outdoor retreat. Zoned R4, the property also presents future expansion potential, including the possibility of an ADU.** With Atlanta preparing to host major global sporting events in 2026 and continued investment fueling Westside growth, this property is exceptionally well-positioned for long-term appreciation and increasing rental demand.** Additional highlights include the option to purchase the home fully furnished with a full-price offer, creating a true turnkey opportunity for investors or buyers seeking immediate move-in convenience.** Currently operating as a frequently booked short-term rental, showings are limited. Schedule your private tour today and secure one of Westside Atlanta's most compelling live-and-invest opportunities.**

280 W Lake Drive Nw | MLS# 10742139

This single family home located at 280 W Lake Drive Nw, Atlanta, GA 30314 is currently listed for sale with an asking price of $685,000. This property was built in 1960 and has 6 bedrooms and 4 full baths with 3524 sq. ft. W Lake Drive Nw is located in the Grove Park subdivision. Search Grove Park real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Bath Finished, Exterior Entry, Finished, Full, Interior Entry
Cooling: Ceiling Fan(s), Central Air, Electric
Fireplaces: 2
Heating: Central, Electric, Heat Pump
Home Style: Brick 4 Side, Colonial, Ranch
Lot Size: 0.29 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,968
Year Built: 1960

Feature Descriptions

Additional Rooms: Exercise Room, Family Room
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
Days on Site: 39
Dining Room: Dining Rm/Living Rm Combo
Exterior: Brick
Fireplace Type: Basement, Gas Log, Living Room, Master Bedroom
Flooring: Hardwood, Other
Interior: Double Vanity, Master On Main Level, Roommate Plan, Separate Shower, Tile Bath, Walk-In Closet(s), Wet Bar
Kitchen: Kitchen Island, Second Kitchen, Solid Surface Counters
Parking Notes: Off Street, Parking Pad, Side/Rear Entrance
Sewer: Public Sewer
Topography: City Lot, Level, Private
Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Water Available
Water: Public

Local Schools

High School: Douglass
Middle School: J L Invictus
Elementary School: Stanton

Listed By / Shown By

Listed By

Agency Name: America's Best Smart Realty
Agency Phone: 678-350-6668

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: GAMLS

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Estimated Payment

$ 2,054.97 per month $1,524.51 Principal & Interest $330.67 Property Tax $199.79 Homeowner's Insurance

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