East Lake Terrace Homes under $500,000

Welcome to East Lake Terrace, a charming subdivision nestled in the heart of Decatur, Georgia, within the vibrant DeKalb County. This delightful community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal destination for families, young professionals, and anyone seeking a welcoming neighborhood.

East Lake Terrace is characterized by its picturesque tree-lined streets and a diverse array of homes, many of which are available for under $500,000. This affordability is a standout feature in today’s real estate market, allowing potential homeowners to find their dream residence without breaking the bank. The homes here are often adorned with charming architectural details, spacious yards, and cozy interiors that invite you to create lasting memories.

Living in East Lake Terrace means you’re just a stone’s throw away from the vibrant Decatur city center, known for its eclectic mix of shops, restaurants, and community events. Enjoy a leisurely stroll through the local parks or take advantage of the nearby trails for outdoor activities. The community’s strong sense of camaraderie is evident in its active neighborhood association, which organizes events and fosters connections among residents.

For families, East Lake Terrace is served by excellent schools and is conveniently located near major highways, making commuting a breeze. Whether you’re looking to settle down or invest in a rental property, East Lake Terrace offers a unique opportunity to enjoy suburban living with the perks of city life. Discover your new home in this enchanting community today!

Newest East Lake Terrace Homes under $500,000

$485,630

4 Beds ⋅ 3 Baths ⋅ 7841391 MLS

NEW PRICE AND NEW OPPORTUNITY in East Lake Terrace! Built in 2022, this contemporary 4-bedroom, 2.5-bath home offers approximately 2,100 square feet of spacious living on an oversized .57-acre lot. Step inside to an open-concept main level with high ceilings, abundant natural light and a modern kitchen featuring white cabinetry, quartz/stone countertops, a large island and walk-in pantry. The flexible main-level bedroom provides space for guests, a home office or additional living area. Upstairs, the oversized owner's suite features a generous walk-in closet and private bath with double vanities and an oversized tiled shower, along with two additional bedrooms and convenient upper-level laundry. A dedicated soundproof recording/podcast studio adds a unique option for musicians, content creators or anyone needing specialized workspace. Outside, enjoy a large backyard and expansive deck with plenty of room for outdoor entertaining. Conveniently located near East Lake, Downtown Decatur, shopping, dining, parks and major commuter routes. Bank-owned property being sold AS-IS.

2049 Mcafee Road, Decatur

$343,820

3 Beds ⋅ 2 Baths ⋅ 7836556 MLS

Welcome to this inviting three-bedroom, two-bath home offering a comfortable layout with plenty of space for everyday living and entertaining. The spacious living area features a fireplace and provides a welcoming setting for relaxing or gathering, while the kitchen offers stainless-steel appliances and ample cabinetry. The three bedrooms provide flexibility for comfortable sleeping quarters, guest space, a home office, or other personal needs. Conveniently located near shopping, dining, parks, major roadways, and everyday amenities, this home offers comfort and versatility in a convenient Decatur location.

1887 Cannon Street, Decatur

$360,000

3 Beds ⋅ 2 Baths ⋅ 7833298 MLS

RENOVATED WITH PURPOSE. DESIGNED FOR LIVING. Welcome to 1889 Cannon St. a beautifully renovated Decatur home where modern design, thoughtful functionality, and natural warmth come together to create a home you’ll be proud to call your own. The heart of the home is a stunning kitchen designed for both everyday living and entertaining, featuring custom cabinetry, stainless steel appliances, and a quartz center island that provides the perfect gathering place for morning coffee, casual meals, or hosting friends and family. Throughout the home, rich natural wood elements add warmth and character to the modern finishes. Retreat to the spacious primary suite, where the beautifully updated primary bath offers an oversized walk-in shower designed to bring a touch of luxury to your everyday routine. Outside, enjoy a generous front yard and expansive backyard with plenty of space to entertain, garden, play, or simply unwind. The backyard fire pit creates the perfect setting for relaxing evenings and gathering with the people you love. Location is another major advantage. Enjoy convenient access to major highways while still having a comfortable sense of privacy at home. Downtown Atlanta is approximately 10 minutes away, putting the city's restaurants, entertainment, culture, and nightlife within easy reach. And when it’s time to shop, everyday conveniences are just minutes away, with a wide variety of shopping and dining options nearby. For first-time homebuyers and buyers ready for a beautifully updated place to call home, this is an opportunity to step into a neighborhood experiencing exciting transformation and growth. And qualified buyers may have an opportunity to take advantage of a preferred lender incentive: a 1% lender credit OR a 1-year interest-rate buydown. Depending on eligibility and program guidelines, these options may help reduce eligible upfront costs or provide a lower interest rate during the first year of ownership. Ask about the available programs and see which option may work best for you. A thoughtful renovation. A modern kitchen. Luxurious everyday details. Space to live and entertain. And a location that keeps you connected to everything Atlanta has to offer. Come home to what's next.

1889 Cannon Street, Decatur

$400,000

3 Beds ⋅ 2 Baths ⋅ 7831360 MLS

This East Lake Terrace property presents an exceptional opportunity to make this house the place you'll proudly call home. Enjoy charming bungalow living in sought-after East Lake Terrace. This three-bedroom, two-bathroom home sits on a spacious corner lot with great curb appeal and a fully fenced backyard featuring a six-foot privacy fence, ideal for relaxing or entertaining. Inside, you’ll find a move-in-ready interior featuring modern finishes throughout. The kitchen is well-appointed within an open-concept layout, offering a separate dining space and an inviting family room. The primary bedroom and bathroom feature a double vanity and walk-in shower, while two additional bedrooms share a stylish hall bathroom. A functional mudroom and laundry room are situated off the kitchen with convenient access to the oversized backyard. One of the property’s most unique features is the well-maintained corner lot and detached, oversized two-car garage, complete with loft and workshop space, featuring potential for plumbing already in place. It offers exciting possibilities, ideal for a future studio, workshop, or accessory dwelling unit. No HOA. This property is conveniently located near dining, shopping, entertainment, parks, trails, outdoor recreation, and just minutes from East Lake Golf Club.

2010 Delphine Drive, Decatur

$279,900

3 Beds ⋅ 2 Baths ⋅ 7829374 MLS

Welcome home to this fully renovated 3-bedroom, 2-full-bath brick ranch in a convenient Decatur location. Step inside to a beautifully updated interior featuring brand-new LVP flooring, new lighting, new plumbing and completely renovated bathrooms, including a brand-new primary en suite. The spacious new kitchen features shaker cabinetry, beautiful quartz countertops and plenty of room for everyday living. The home also offers a separate living room, separate dining room and an additional eat-in kitchen/keeping room. One bedroom offers flexibility and may also be used as a family room, office or flex space. Additional major updates include a brand-new roof and new air-conditioning system. A full unfinished basement provides excellent storage and future possibilities. Conveniently located near East Lake Golf Club, Downtown Decatur, shopping, dining, parks and major highways.

2164 Mark Trail, Decatur

$395,000

3 Beds ⋅ 2 Baths ⋅ 7826710 MLS

Classic brick bungalow charm meets easy, updated living in the heart of East Lake Terrace. Thoughtfully renovated and move-in ready, this three-bedroom home pairs an open, comfortable layout with a backyard that’s hard to find Intown. Hardwood floors carry throughout the main living space into a bright kitchen with white cabinetry, granite countertops, and stainless steel appliances. Two bedrooms share a full bath on the main level, while the entire upstairs is dedicated to the primary suite - a private retreat with two walk-in closets, double vanities, and a refreshed shower. Fresh interior paint, a new concrete driveway with walkways, plus a newly installed fence add to the recent improvements. Out back, the deck overlooks a flat, fully fenced 0.3-acre lot with plenty of space to make it your own, whether that means a garden, expanded outdoor living, or exploring the potential for a pool or ADU. Easy access to East Lake Park, Hosea + 2nd, Oakhurst Village, Kirkwood, East Atlanta Village, and Downtown Decatur puts some of Intown’s favorite destinations close by.

1940 Bonner Street, Decatur

$332,900

3 Beds ⋅ 2 Baths ⋅ 7810935 MLS

**Eligible buyers may qualify for Synovus' Pinnacle Community Mortgage Program**, offering below-market interest rates, **no PMI**, **no income limits**, and **up to 100% financing** for qualified purchasers. Ask listing agent for details. Completely move-in ready, this beautifully updated 4-sided brick ranch offers the perfect combination of timeless construction and modern improvements. Recent updates include NEW HVAC, fresh interior paint, and refinished original hardwood floors that showcase the home's classic character. The renovated kitchen and updated bathrooms provide today's finishes while preserving the home's charm. Major improvements including updated plumbing, electrical, and a newer roof, offer peace of mind for years to come. A spacious flex room makes it ideal as a guest suite, home office, playroom, or den. Step outside to a large, fully fenced backyard perfect for entertaining, pets, or creating your own private outdoor retreat. Conveniently located just minutes from Downtown Decatur, shopping, dining, parks, and approximately 20 minutes to Downtown Atlanta. Make your appointment today to view this lovely one level, renovated, ranch home.

2597 Glenvalley Drive, Decatur

$369,999

4 Beds ⋅ 3 Baths ⋅ 7784195 MLS

Brick beauty in the heart of Decatur. This move-in ready 4BR/2.5BA home blends timeless character with modern peace of mind - original hardwood floors, abundant natural light, and a full suite of major system upgrades completed within the last five years (HVAC, plumbing, electrical, and main sewer line). The entire upper level is devoted to a showstopping owner's retreat with vaulted ceilings, his-and-her closets, and a spacious private bath. Two generous bedrooms on the main level offer flexibility for a lounge, guests, or a home office. The renovated kitchen features granite countertops and modern finishes, and a practical mudroom includes both a half bath and a dedicated laundry room. Freshly seeded front yard enhances curb appeal from day one. Located minutes from Publix, East Lake Golf Club, Drew Charter School, and top dining - with I-20 just 1.5 miles away. Down payment and closing cost assistance programs may be available for qualified buyers. Ask about owning for less than you're renting. Contact us to make this home yours! Listing agent is an owner of the property and has an active GA Real Estate license and agent's spouse is a licensed GA Real Estate Broker.

2013 Marco Drive, Decatur

$345,000

3 Beds ⋅ 2 Baths ⋅ 7690087 MLS

HUGE PRICE ADJUSTMENT!! Amazing opportunity in the East Lake area! This beautifully updated brick ranch is perfect for first time buyers, seasoned homeowners, or savvy investors. This home strikes the perfect balance between warmth and modern style, with tiled baths, and sleek black, stainless finishes throughout. Natural light pours in through well-placed windows, creating a bright, easy flow from room to room. The spacious deck, oversized, fenced backyard, and fire pit set the stage for relaxed afternoons, entertaining, and everyday enjoyment, perfect for gathering, celebrating, and making memories. 3 year old roof! SS appliances & washer / dryer included! Just minutes from East Lake Golf Course, shopping, dining, and the future Candler Crossing development with Publix and retail planned for 2027. This home offers comfort and convenience in one beautiful package. Welcome Home!

1917 Don Juan Lane, Decatur

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