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507 Lake Drive; Decatur, GA 30030

$700,000

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!
Key Facts
  • Style:
  • Year Built: 1938
  • Status: Active
Schools
  • Elementary School: Oakhurst/Fifth Avenue
  • Middle School: Beacon Hill
  • High School: Decatur
Bedrooms
  • Beds Total: 3
Bathrooms
  • Baths Full: 1
  • Baths Half: 0
  • Main Full Baths: 1
  • Master Bath Features: Other

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Private & Public Schools Nearby

  • 5 / 5
    Above
    Avg

    Decatur High School

    310 NORTH MCDONOUGH STREET; Decatur, GA 30030
    Public 9th-12th  |  1,339 students
    Metro Atlanta School Rank: 33rd

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Listing information last updated on October 15, 2026