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$1,125,000

Beds
5
Baths
6.0
sq ft
7,833

2940 E Lake Rd, Mcdonough, GA 30252

2940 E Lake Rd

McDonough, GA 30252

  • 23 days on market
Welcome to this sprawling 8000+s/f all-brick estate! It is set on nearly 12 acres of scenic countryside with peaceful pond views. A picturesque tree-lined driveway leads you to this one-of-a-kind property, where space, comfort, and charm come together to create a true rural retreat. Inside, the warm and inviting living spaces are designed for gathering with family and friends. The main-level living room features a unique brick fireplace and a wall of windows that fill the room with natural light while showcasing the home's rich woodwork and beautiful views. The spacious kitchen is the heart of the home, offering a large island, double wall oven, and plenty of cabinet and counter space - ideal for preparing big meals or hosting get-togethers. The oversized primary suite is a peaceful haven, complete with a private bath featuring a dual vanity, soaking tub, and walk-in shower. Two additional bedrooms and two full baths are also conveniently located on the main floor. Upstairs, two expansive bonus-style bedrooms each boast private baths, along with a central living area that's perfect for a cozy hangout space, game room, or guest retreat. Downstairs, the finished basement offers even more living space with a kitchenette and a second brick fireplace - an ideal spot for family movie nights, holiday gatherings, or relaxing weekends. Outdoor living is what makes this property truly special. The brick patio overlooks a sparkling pool and spa, while the on-site tennis court provides endless entertainment. The covered front porch is the perfect place to sip your morning coffee and take in the peaceful country views. With its generous space, unique character, and serene setting, this remarkable property offers the perfect blend of comfort, charm, and country living. Don't miss the chance to make this one-of-a-kind estate your own.

Details

Property type

Single Family Residence

Est. home value

$875,610

Lot size

11.87 acres

Price per sq ft

$144

Year built

1983

Annual property taxes

$9,934.52

HOA

No

Price History

03/12/2025
GeorgiaMLS

GeorgiaMLS #10479580

Listed
$1,125,000
+40.63%
06/03/2022
FMLS

FMLS #6982015

Sold
$800,000

Schools & Community

Elementary school: 

Timber Ridge

Middle school: 

Union Grove

High school: 

Union Grove

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$423,026
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$611,974
Cash to seller
$423,026

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage

Loan start date

June 2022

Original loan amount

$640,000

Est. remaining balance

$611,974

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Whitnee L Hawthorne

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 10:45 PM

Listing updated: 03/29/2025 at 1:11 AM

Listed by: Joseph Chapman, Chapman Group Realty, Inc.

MLS: GeorgiaMLS #10479580

GeorgiaMLS logo

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