# 507 E Lake Drive, Decatur, GA 30030 > **TL;DR:** 3bd/1ba single family, $700,000 ($742/sqft), built 1938, 943 sqft. > Fireplace, A/C. Est. $3,744/mo. Listed 61 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $700,000 | | Price/sqft | $742 | | Bedrooms | 3 | | Bathrooms | 1 full | | Square Feet | 943 | | Year Built | 1938 | | Lot Size | 11,761 sqft (0.27 acres) | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Pending | | Days on Market | 61 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,540 | | Estimated Insurance | $204 | | **Total** | **$3,744** | ## Nearby Schools - **Elementary:** Oakhurst/Fifth Avenue - **Middle:** Beacon Hill - **High:** Decatur ## Key Amenities - Fireplace - A/C ## Property Highlights - Built in 1938 - 0.27 acre lot - Fireplace ## Description ### Agent Description 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! ## Location - **Address:** 507 E Lake Drive, Decatur, GA 30030 - **County:** Dekalb - GA - **Neighborhood:** Oakhurst - **Coordinates:** 33.759404, -84.30806 - **Google Maps:** https://www.google.com/maps?q=33.759404,-84.30806 ## Listing Agent - **Name:** David Mitchell - **Brokerage:** Peachtree Road Realty Associates LLC - **Broker Phone:** (404) 419-3501 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/507-E-Lake-Dr_Decatur_GA_30030_M50102-03843?f=listhub&s=FMLSGA&m=7830846&c=propsimple) ## Photos ![507 E Lake Drive - Photo 1](http://lh.rdcpix.com/230cce71996f39f31b8f6a9c7b377449l-f1676514577r.jpg) ![507 E Lake Drive - Photo 2](http://lh.rdcpix.com/230cce71996f39f31b8f6a9c7b377449l-f2483148621r.jpg) ![507 E Lake Drive - Photo 3](http://lh.rdcpix.com/230cce71996f39f31b8f6a9c7b377449l-f3203929266r.jpg) ![507 E Lake Drive - Photo 4](http://lh.rdcpix.com/230cce71996f39f31b8f6a9c7b377449l-f430723615r.jpg) ![507 E Lake Drive - Photo 5](http://lh.rdcpix.com/230cce71996f39f31b8f6a9c7b377449l-f1671621916r.jpg) ![507 E Lake Drive - Photo 6](http://lh.rdcpix.com/230cce71996f39f31b8f6a9c7b377449l-f3872935868r.jpg) --- **MLS#:** 7830846 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/507-e-lake-drive-decatur-ga-30030-3c732874c5724217843c31dcc1fc9aae) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/507-e-lake-drive-decatur-ga-30030-3c732874c5724217843c31dcc1fc9aae#listing", "url": "https://www.propertysimple.ai/listing/507-e-lake-drive-decatur-ga-30030-3c732874c5724217843c31dcc1fc9aae", "name": "507 E Lake Drive, Decatur, GA 30030", "description": "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. 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