East Lake Homes under $500,000

Welcome to East Lake, a vibrant and inviting subdivision that perfectly blends the charm of suburban living with the conveniences of modern life. Nestled in a picturesque setting, East Lake is renowned for its family-friendly atmosphere, lush green spaces, and a strong sense of community. This delightful neighborhood offers residents the opportunity to enjoy an active lifestyle, with numerous parks, walking trails, and recreational facilities just a stone's throw away.

One of the standout features of East Lake is its diverse selection of homes, particularly for those seeking affordability without compromising on quality. With a range of beautifully designed properties available for under $500,000, East Lake is an ideal choice for first-time homebuyers, growing families, or anyone looking to invest in a welcoming community. These homes typically boast spacious layouts, modern amenities, and well-maintained yards, making them perfect for creating cherished memories with loved ones.

In addition to its attractive housing options, East Lake is conveniently located near shopping centers, schools, and essential services, ensuring that residents have everything they need within easy reach. The neighborhood's strong sense of community is further highlighted by local events and gatherings, fostering connections among neighbors and creating lasting friendships.

If you're searching for a place that offers both comfort and affordability, look no further than East Lake. With its charming homes under $500,000 and a welcoming community spirit, East Lake is not just a place to live—it's a place to call home. Come explore the possibilities and discover why East Lake is the perfect fit for you and your family!

Newest East Lake Homes under $500,000

$299,000

3 Beds ⋅ 2 Baths ⋅ 7849455 MLS

Beautifully renovated all-brick ranch offering the perfect blend of timeless charm and modern style. Step inside to an inviting open-concept living and dining area filled with abundant natural light, rich hardwood floors, and stunning coffered ceilings that create a warm yet sophisticated atmosphere. The beautifully updated kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, a 5-burner gas range, gorgeous stone countertops, a peninsula breakfast bar, soft-close shaker cabinetry, and two spacious pantries that provide exceptional storage. Retreat to the spacious primary suite with a beautifully renovated private bath complete with dual vanities, a large walk-in shower, and a generous walk-in closet. Thoughtful updates throughout the home include newer windows, HVAC system, water heater, lighting, fixtures, and more, providing comfort and peace of mind for years to come.Step outside onto the new deck, the perfect place to grill, entertain, or simply unwind while overlooking the large, private wooded backyard. With quality updates, stylish finishes, and a functional layout, this move-in-ready home offers easy living both inside and out.

2485 Tilson Road, Decatur

Listing courtesy of Virtual Properties Realty.com.

$369,000

3 Beds ⋅ 2 Baths ⋅ 7847335 MLS

Welcome to this charming 3-bedroom, 2-bath home in Atlanta’s desirable East Lake neighborhood, offering comfortable living today with plenty of opportunity for the future. Hardwood floors flow throughout the home, complemented by abundant natural light and a functional layout. The home features two full bathrooms, including an updated bath with a spacious glass-enclosed, tiled shower. Three bedrooms provide flexibility for family, guests, or a dedicated home office, while a conveniently located laundry closet with stacked washer and dryer makes everyday living easy. One of the highlights is the full unfinished basement, providing an impressive amount of additional space for storage, a workshop, home gym, recreation area, or potential future finished living space. Step outside to the large rear deck, perfect for dining, entertaining, or simply relaxing while overlooking the fully fenced backyard. Mature trees provide a beautiful natural backdrop and create a sense of privacy rarely found this close to the city. With 3 bedrooms, 2 full baths, hardwood floors throughout, a full basement, generous deck, and fenced backyard, this East Lake home combines character, functionality, and room to make it your own—all in one of Atlanta’s most sought-after intown neighborhoods.

2030 Barberrie Lane, Decatur

Listing courtesy of NorthGroup Real Estate.

$54,000

3 Beds ⋅ 2 Baths ⋅ 21466067 MLS

Great investor opportunity in the up and coming East Lake area. Great potential for either a flip or rental. This one is located on a quiet corner lot in the back of the neighborhood but close to everything on the east side. Cash offers only.

7401 4th Ave S, Birmingham

Listing courtesy of Redemption Realty.

$350,000

7841944 MLS

Duplex in Decatur features twin 2 bedroom / 1 full bath with updated appliances and fresh paint. Recently updated flooring with no carpet. Located in lovely Decatur with plenty of restaurants and shopping nearby.

2536 Mcafee Road, Decatur

Listing courtesy of Real Broker, LLC..

$94,900

3 Beds ⋅ 2 Baths ⋅ 21465723 MLS

Adorable cottage that needs just a little TLC. Beautiful level lot with lots of parking. 3Br , 2 baths, LR with fireplace, Formal Dr. Large eat-in-kitchen with a full wall pantry, Beautiful wood cabinets. Den is large with lots of built-ins. Washer /dryer hook up right off the kitchen Large 2 car carport and paved concrete patio and walk-way with a storage building and a small building with electricity..

7615 3rd Ave S, Birmingham

Listing courtesy of Realty by Design.

$175,000

4 Beds ⋅ 2 Baths ⋅ 21465628 MLS

Beautiful thick stone porch columns—hallmark of this Craftsman-inspired home—welcome you to 222 73rd St. Inside, this spacious property offers partially renovated interiors ready for your finishing touches. The main level features a large primary bedroom with an en-suite bath, while all four oversized bedrooms include their own decorative fireplaces. The kitchen overlooks the expansive backyard and connects seamlessly to the formal dining room, breakfast area, and wet bar. Upstairs, three additional bedrooms and a full bath complete the main home. Beyond the main house, a 2-bedroom, 1-bath guest apartment sits above the detached garage, offering incredible flexibility. Come see the potential and make it yours.

222 73rd St N, Birmingham

Listing courtesy of eXp Realty, LLC Central.

$179,900

4 Beds ⋅ 2 Baths ⋅ 21465063 MLS

Welcome to 7312 2nd Avenue N, offering plenty of space and versatility with 4 bedrooms, 2 full baths, and approximately 2,039 square feet of single-level living. Step inside to a spacious living and dining area designed for everyday living and entertaining. The kitchen offers generous workspace, ample cabinetry, appliances, and an adjoining breakfast area. A bonus room provides additional flexibility for a home office, recreation room, or second living space. The primary suite includes a private bath, while three additional bedrooms provide plenty of options for guests, work, or hobbies. Enjoy the convenience of a dedicated main-level laundry room and off-street parking. Outside, the covered front porch and spacious lot add even more appeal. The roof was installed in 2024, providing an important recent improvement. Conveniently located with easy access to I-59, shopping, dining, and downtown Birmingham.

7312 2nd Ave N, Birmingham

Listing courtesy of River Region Realty Group LLC.

$62,000

3 Beds ⋅ 1 Baths ⋅ 21465053 MLS

Investors, this is a good rental. The living room has craftsman cabinets flanking both sides of the brick fireplace. A roomy dining room. The breakfast room also has a craftsman built-in buffet. The kitchen has white cabinets, an electric stove, and a refrigerator. Just off the kitchen is the laundry room with access to the back door that leads to the backyard and concrete patio/mini-basket ball play area. Partially fenced backyard with alley to yard parking. There is also an off-street concrete parking pad and additional brick pads for even more parking at the side of the house, with a side entry covered stoop. Three bedrooms and one full bath with a ceramic tile floor and a linen closet. Hardwood floors in all rooms except the kitchen, which has vinyl; the back bedroom has new laminate wood flooring. Approximately 4 blocks from the park. Playground with tennis courts, swings, and much more.

8115 6th Ave N, Birmingham

Listing courtesy of ARC Realty Vestavia.

$429,000

4 Beds ⋅ 2 Baths ⋅ 7834591 MLS

COMPLETE THIS EAST LAKE REHAB!! TRADITIONAL TWO-STORY ON A LEVEL LOT. FOUR BEDROOMS AND TWO BATHS. HOME HAS NEW SIDING, ROOF, FRONT PORCH, REAR DECK, ELECTRICAL AND PLUMBING. FRAMED AND READY TO FINISH ON THE INSIDE. LOCATED ACROSS FROM EAST LAKE PARK AND A BLOCK FROM EAST LAKE GOLF CLUB.

2618 Memorial Se Drive, Atlanta

Listing courtesy of Advance Equity Group, Inc..

$110,000

4 Beds ⋅ 2 Baths ⋅ 21464429 MLS

Great starter home or investment property. This 4 bedroom, 2 full bath home has been recently updated. There are hardwood, carpet and tile floors. There is a deck out back and large shaded lot. This home is currently rented. Please do not bother the tenants.

7510 2nd Ave S, Birmingham

Listing courtesy of Keller Williams Realty Hoover.

$295,000

2 Beds ⋅ 2 Baths ⋅ 7833649 MLS

COMING SOON!! MUST SEE what this home offers!! Outdoor kitchen and backyard entertainment space. 2 bedrooms, 1 full bath, 1 half bath, and 1 car garage!

2447 Crestview Avenue, Decatur

Listing courtesy of 1 Percent Lists Peach State.

$125,000

3 Beds ⋅ 1 Baths ⋅ 21464163 MLS

Great turn-key investment opportunity in East Lake! This solid 3-bedroom, 1-bathroom home comes fully tenant-occupied currently bringing in $1,387/month. The home features a brand-new roof for worry-free ownership, low maintenance, and immediate cash flow from day one. Situated on a generous lot just minutes from East Lake Park, local schools, and easy interstate access to downtown Birmingham. Perfect addition to an investor's portfolio.

8033 4th Ave N, Birmingham

Listing courtesy of Barnes & Associates.

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