$655,000
 $3,516 est/mo Sourced by Back At You

280 W Lake Drive NW,Atlanta, GA 30314

Atlanta, GA 30314

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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.

Details

MLS #10828139
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1960
Days On Site8
Listing Provided ByAmerica's Best Smart Realty | Roland Kier

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet3,424
BasementY
Story(s)2
Acreage0.29

Interior

AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
Interior FeaturesDouble Vanity, Master On Main Level, Separate Shower, Split Bedroom Plan, Walk-In Closet(s)
CoolingCeiling Fan(s), Central Air, Electric, Zoned
Cooling Yes / NoYes
HeatingCentral, Electric, Heat Pump, Zoned
Heating Yes / NoYes
Fireplace Yes / NoYes
Fireplaces Total2
Fireplace FeaturesBasement, Gas Starter, Living Room
Room Kitchen FeaturesKitchen Island, Second Kitchen
Room Dining Room FeaturesDining Rm/Living Rm Combo
Laundry FeaturesIn Hall

Exterior

Lot FeaturesCity Lot, Level, Private
Construction MaterialsBrick
RoofComposition

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesOff Street, Parking Pad
Open Parking Yes / NoYes

Utilities

UtilitiesCable Available, Electricity Available, High Speed Internet, Phone Available, Sewer Connected, Water Available
SewerPublic Sewer

Taxes

Tax Annual Amount3968
Tax Year2025

Location

Community FeaturesNone

Area Information

StateGA
CountyFulton
CityAtlanta
Zip Code30314
AreaFulton
Community NameGrove Park
School DistrictDouglass
Elementary SchoolF L Stanton
High SchoolDouglass
Listing VS Median (in Grove Park)
Price:
$655,000
low | high
Med:
$425,000
85.114503816794% of Average
sqft:
3,424
low | high
Med:
1,899
94.553154205607% of Average
$ / sqft:
$191
low | high
Med:
$227
31.148320477195% of Average
On site:
8
low | high
Med:
91.5
8.743169398907% of Average
Sourced by Back At You

Market Activity 30314

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Learn More About This Property

StateGA
CountyFulton
CityAtlanta
Zip Code30314
AreaFulton
Community NameGrove Park
School DistrictDouglass
Elementary SchoolF L Stanton
High SchoolDouglass
Listing VS Median (in Grove Park)
Price:
$655,000
low | high
Med:
$425,000
85.114503816794% of Average
sqft:
3,424
low | high
Med:
1,899
94.553154205607% of Average
$ / sqft:
$191
low | high
Med:
$227
31.148320477195% of Average
On site:
8
low | high
Med:
91.5
8.743169398907% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $491K - $818K
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
280 W Lake Drive NW Property Photo 1
$655,000
280 W Lake Drive Nw
Atlanta, GA 30314
Listing Updated: August 18, 2026 at 3:47:03 PM PDT