Listing
$320,000
Original list price: $324,900
5030 Ea••••• Lake Pkwy (Sign up for 50 free credits to unlock)McDonough, GA 30253
Property Description
Prime Location with Commercial Potential in McDonough, GA! This 3-bedroom, 2-bath home sits on a generous 2.09 acre lot along a high-traffic road, offering exceptional visibility and future growth potential. Currently zoned residential, this property is ideal for an investor, small business owner, or developer looking to transform a modern-style fixer-upper into a thriving commercial space. Located just steps from a newly developed gas station with retail space and surrounded by rapid area growth, the possibilities are endless.Two additional connected lots are available, one is a 1.12 acre lot for $280,000 and the other is 1.71 acres for $200,000. Buy all three lots for a combined 4.76 acres! Don't miss this unique opportunity to secure a property with outstanding location, exposure, and upside potential in one of McDonough's most desirable corridors. Directly across the street from a new townhome development and close to several new single family home subdivision. This property has amazing potential for a savvy investor!
Property Facts & Features
- Property Type
- Single Family
- Status
- Sold
- Listed
- Nov 2, 2025
- Sold
- Oct 18, 2026
- List Price
- $324,900
- Price per Sq Ft
- $191/sqft
- ZIP Code
- 30253
- Full Baths
- 2
- Stories
- 2
- Parking
- Garage, Basement, Parking Pad
- Heating
- Central
- Cooling
- Central Air
- Construction
- Wood Siding
- Property Tax (2026)
- $3,418/yr
- Assessed Value
- $142,760
- County
- Henry
- School District
- Henry County School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 3
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Land Info
- Land Lease: No
- Lot Size Acres: 2.09
- Lot Size Source: Public Records
- Lot Size Square Feet: 91040
Utilities
- Electric On Property: Yes
- Sewer: Septic Tank
- Cable Available
- Electricity Available
- High Speed Internet
- Sewer Available
- Water Available
- Water Source: Public
Appliances
- Dishwasher
- Electric Water Heater
- Laundry Features: Laundry Closet
Other Rooms
- Family Room
- Basement Description: Daylight
Interior Features
- Beamed Ceilings
- Separate Shower
- Soaking Tub
- Flooring: Carpet, Laminate
Garage and Parking
- Attached Garage: Yes
- Parking Features: Garage, Basement, Parking Pad
Kitchen and Dining
- Dining Room Features: Dining Rm/Living Rm Combo
School Information
- Elementary School: Hickory Flat
- High School: Union Grove
- Middle School: Union Grove
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Living Room
- Heating Features: Central
- Heating: Yes
- Number of Fireplaces: 1
Other Property Info
- Annual Tax Amount: 3128
- Source Listing Status: Closed
- County: Henry
- Directions: From Atlanta take I-75 south to exit 224 and turn left on to Eagles Landing Pkwy and travel 4.3 acres. The property will be on your right.
- Tax Year: 25
- Parcel Number: 08702010004
- Property Subtype: Single Family Residence
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Total Square Feet Living: 1672
- Year Built: 1992
- Above Grade Finished Area: 1672
- Above Grade Finished Area Units: Square Feet
- Below Grade Sqft Area Units: Square Feet
- Building Area Total: 1672
- Building Area Units: Square Feet
- Construction Materials: Wood Siding
- Levels: Multi/Split
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 34
- Property Condition: Fixer
- Roof: Composition
- Levels or Stories: Multi/Split
- Total Above Grade Sqft Area: 1672
- Year Built Details: Fixer
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Oct 20, 2026 | Listed | $324,900 | $194 |
| Oct 18, 2026 | Sold | $320,000 | $191 |
| Jun 28, 2026 | Price Changed | $324,900 | $194 |
| Apr 3, 2026 | Price Changed | $349,900 | $209 |
| Jan 18, 2026 | Price Changed | $374,900 | $224 |
| Dec 23, 2025 | Price Changed | $394,900 | $236 |
| Nov 2, 2025 | Listed | $449,900 | $269 |
| Jul 31, 1997 | Sold | $116,500 | $70 |
| Jun 30, 1992 | Sold | $100,000 | $60 |
Property Tax History
| Year | Tax | Assessed | Land | Building | Market |
|---|---|---|---|---|---|
| 2026 | $3,418 | $142,760 | $17,760 | $125,000 | $356,900 |
| 2025 | $3,713 | $142,760 | $17,760 | $125,000 | $356,900 |
| 2024 | $3,481 | $135,240 | $16,680 | $118,560 | $338,100 |
| 2023 | $3,022 | $122,480 | $14,680 | $107,800 | $306,200 |
| 2022 | $2,974 | $99,080 | $13,560 | $85,520 | $247,700 |
| 2021 | $2,554 | $81,320 | $11,640 | $69,680 | $203,300 |
| 2020 | $2,307 | $70,840 | $10,960 | $59,880 | $177,100 |
| 2018 | $1,900 | $55,560 | $9,600 | $45,960 | $138,900 |
| 2017 | $1,677 | $49,760 | $9,040 | $40,720 | $124,400 |
| 2016 | $1,642 | $48,840 | $7,920 | $40,920 | $122,100 |
| 2015 | $1,616 | $47,160 | $8,880 | $38,280 | $117,900 |
| 2014 | $1,541 | $44,880 | $8,880 | $36,000 | $112,200 |
Nearby Schools
- Hickory Flat Elementary School0.8 mi
Public · Elementary · Grades K-5
- Union Grove High School1.9 mi
Public · High · Grades 9-12
- Union Grove Middle School2.2 mi
Public · Middle · Grades 6-8
- Eagle's Landing Christian Academy1.4 mi
Private · Elementary, Middle, High · Grades PK-12
Location
Lat 33.51849 · Lng -84.16466