Listing provided courtesy of Crye-Leike, Realtors- MLS# 10636187MLS ProviderContact Information: 404-925-3875

5030 E Lake ParkwayMcdonough, GA 30253

Single Family · 3 Beds · 2 Full Baths · 1,672 Sq. ft. | 2.09 Acres
$324,900 Price Change

5030 E Lake Parkway Overview

Time on Site:
225 days
Visits:
2

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!

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5030 E Lake Parkway Facts & Features

  • Type Single Family
  • Sq. ft. 1,672
  • Price/Sq.ft. $194
  • Lot 2.09 Acres

Details

General

Association/HOA

  • Association Fee Includes: None
  • Association: No

School Information

  • Elementary School: Hickory Flat
  • Middle Or Junior School: Union Grove
  • High School: Union Grove

Building Information

  • New Construction: No
  • Year Built: 1992

Location/Region

  • Country: US
  • County Or Parish: Henry
  • Subdivision Name: none

Community/Development

  • Community Features: None

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 3127.63
  • Tax Year: 25

General Information

  • Parcel Number: 08702010004
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Special Listing Conditions: As Is

Interior

Building Information

  • Below Grade Unfinished: 1672

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full Lower: 0
  • Bathrooms Half Lower: 0
  • Bedrooms Lower: 0
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bathrooms Total Decimal: 2

Building Interior

  • Above Grade Finished Area: 1672
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Public Records
  • Building Area Total: 1672
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher, Electric Water Heater
  • Basement: Daylight, Full, Interior Entry, Unfinished
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Laminate
  • Interior Features: Beamed Ceilings, Separate Shower, Soaking Tub
  • Laundry Features: Laundry Closet
  • Levels: Multi/Split
  • Living Area: 1672
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Garage, Basement, Parking Pad

Lot Information

  • Lot Features: None
  • Lot Size Acres: 2.09
  • Lot Size Area: 2.09
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 91040.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • View: No

Building Exterior/Construction

  • Architectural Style: Other
  • Attached Garage: Yes
  • Construction Materials: Wood Siding
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Electric On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available
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5030 E Lake Parkway Neighborhood

Community

30253 (Mcdonough) Demographics

34
Median Age
1,181
Population Density (per sq. mile)
41%
College Educated
$70,971
Estimated Median Income
12,215
Estimated Total Home Owners
7,371
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5030 E Lake Parkway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5030 E Lake Parkway Market Data

Based on the last 30 days in this zip code

$387,089
Average List Price
$174
Average Price per Square Foot
73
Properties Sold
65
Average Days on Market
766
Properties for Sale
Calculations provided by Reliance Network

5030 E Lake Parkway History

Date Event Value Agent
6/28/2026Source: Georgia MLS Price Reduction
$324,900 -7.1%
6/28/2026Source: Georgia MLS Status Change
Price Change
4/5/2026Source: Georgia MLS Status Change
Active
4/3/2026Source: Georgia MLS Price Reduction
$349,900 -6.7%
4/3/2026Source: Georgia MLS Status Change
Price Change
3/1/2026Source: Georgia MLS Status Change
Active
2/27/2026Source: Georgia MLS Status Change
Back On Market
2/25/2026Source: Georgia MLS Status Change
Under Contract
1/21/2026Source: Georgia MLS Status Change
Active
1/19/2026Source: Georgia MLS Price Reduction
$374,900 -5.1%
1/19/2026Source: Georgia MLS Status Change
Price Change
12/26/2025Source: Georgia MLS Status Change
Active
12/24/2025Source: Georgia MLS Price Reduction
$394,900 -12.2%
12/24/2025Source: Georgia MLS Status Change
Price Change
11/15/2025Source: Georgia MLS Status Change
Active
11/2/2025Source: Georgia MLS Added to Database
November 02, 2025