Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$520,000 -$30,000 (-5.45%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 5,837 Sq. Ft.
  • 3 Car Garage
  • Updated 1 day ago
See This Home
Save This Home
See This Home
Save This Home
PRICE IMPROVEMENT - Welcome to this exceptional executive brick ranch, where timeless elegance meets everyday comfort. Perfectly situated on a beautifully landscaped lot, this meticulously maintained 5,837 sq. ft. home offers a thoughtfully designed floor plan with expansive living spaces, quality craftsmanship, and endless opportunities for entertaining. From the moment you enter, you'll be impressed by the soaring ceilings, gleaming hardwood floors, abundant natural light, and extensive crown molding throughout the main level. The inviting foyer opens to a formal living room and separate formal dining room, creating the perfect setting for holiday gatherings and special occasions. The spacious family room serves as the heart of the home, featuring a cozy fireplace, vaulted ceiling, and seamless flow into the kitchen and breakfast area. Just beyond the living room, double glass doors open into a beautiful sunken sunroom, providing a peaceful retreat to enjoy morning coffee, read a book, or simply relax while overlooking the backyard. The main level features three spacious bedrooms, including an oversized owner's retreat complete with a private sitting area, spa-inspired bath with a jetted soaking tub, separate glass-enclosed shower, dual vanities, and a generous walk-in closet. A conveniently located laundry room completes the main level. Adding even more potential is the unfinished loft, accessible by a permanent staircase from the family room. This flexible space is ready to be customized as an additional bedroom, media room, home office, fitness room, or playroom. The impressive full finished basement dramatically expands the living space and is perfectly designed for multigenerational living or entertaining. It features two oversized bedrooms, a private office, an expansive game and entertainment area, and a custom bar that's perfect for hosting family and friends. An enclosed patio/sunroom provides additional year-round living space and easy access to the backyard. Offering exceptional space, timeless architectural details, and endless flexibility, this remarkable home is perfectly suited for entertaining, working from home, or multigenerational living. From its elegant formal spaces and inviting gathering areas to its expansive finished basement and peaceful outdoor living, every detail has been thoughtfully designed to create a home that is as functional as it is beautiful.

Full Property Details for 4940 Highland Lake Dr

General

  • Price: $520,000
  • HOA FEE: $58/month
  • HOA FEE FREQ.: Annually
  • Taxes: $2,302 (2025)
  • Status: Active
  • Type: Single Family
  • Source: FMLS_Atlanta
  • MLS ID: 7796205
  • Updated: 8/24/2026
  • Added to Site: 35 day(s) ago

Interior

  • Interior Features: Crown Molding, Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Electric, Family Room
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Range Hood, Refrigerator, Washer
  • Flooring: Carpet, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Baths: 2
  • Primary Bathroom: Soaking Tub, Vaulted Ceiling(s), Whirlpool Tub

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Main: 3
  • Bedroom Features: Master on Main

Other Rooms

  • Kitchen: Breakfast Bar, Other Cabinets, Stained Cabinets, Eat-in Kitchen, Kitchen Island, Other Surface Counters, Pantry Walk-In, Stone Counters, View to Family Room
  • Dining Room: Dining L, Separate Dining Room
  • Laundry: Laundry Room, Main Level, Sink

Additional Information

  • Amenities: Clubhouse, Homeowners Assoc, Near Schools, Near Shopping, Pool, Tennis Court(s)
  • Shared Pool: Yes
  • Security/Safety: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Equipment: None

Exterior

  • Exterior Features: Garden, Private Yard, Rear Stairs
  • Porch/Patio/Deck: Deck, Glass Enclosed, Terrace

Parking

  • Garage Spaces: 3
  • Parking Features: Garage

Location

  • County: Fulton
  • Subdivision: Highlake Lake
  • Driving Directions: Please use GPS or Waze

School Information

  • Elementary School: Wolf Creek
  • Middle School: Sandtown
  • High School: Westlake

Community

  • Association: Yes
  • Assoc. Fees Include: Maintenance Grounds, Maintenance Structure, Pest Control, Swim, Tennis, Utilities, Water

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Structural Information

  • Architectural Style: Traditional
  • Detached/Attached: Detached
  • Exterior Const.: Brick 3 Sides, HardiPlank Type
  • Basement: Yes
  • Basement Desc.: Daylight, Exterior Entry, Finished, Finished Bath, Full, Walk-Out Access
  • Roof: Shingle
  • Common Walls: No Common Walls
  • Windows: None
  • Stories/Levels: Two
  • Square Feet: 5,837
  • Sq. Ft. Source: Owner
  • Year Built: 2000
  • Property Condition: Resale

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.4622
  • Lot Size Source: Public Records
  • Lot Dimensions: x
  • Frontage: City Street, County Road
  • Street/Road Desc.: Asphalt
  • Lot Features: Back Yard, Landscaped, Sloped
  • Fencing (Description): None

Financial Considerations

  • Association Fee: $700
  • Assoc Fee Freq.: Annually
  • Tax Amount: $2,302
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Trust
  • Property ID: 09F390001751882

Listed by HomeSmart

FMLS - Atlanta logo

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Aug 22 2026 10:8PM

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 4940 Highland Lake Dr —

  • HomeSmart

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4940 Highland Lake Dr

School District:Fulton County School District
NameGradesDistance
Wolf Creek Elementary
4440 Derrick Road Southwest, College Park, GA 30349
PK-51.8 mi
Sandtown Middle School
5400 Campbellton Road Southwest, Atlanta, GA 30331
6-83.9 mi
Westlake High School
2400 Union Road Southwest, Atlanta, GA 30331
9-123.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4940 Highland Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$520,000
-5.45%
MLS
7/22/2026
Listed
$550,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4940 Highland Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,302
-45%
$170,360
14%
2023
$4,205
—
$148,960
—
2022
$4,205
100%
$148,960
27%
2021
$2,104
—
$117,360
1%
2021
$2,104
22%
$115,960
44%
2019
$1,721
-11%
$80,520
2%
2018
$1,926
-1%
$78,640
4%
2017
$1,937
-6%
$75,600
—
2016
$2,057
—
$75,600
—
2015
$2,060
-4%
$75,600
—
2014
$2,143
38%
$75,600
—
2012
$1,556
—
$75,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4940 Highland Lake Dr

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by HomeSmart

4940 Highland Lake Drive, South Fulton, GA 30349 (MLS# 7796205) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 4940 Highland Lake Drive is currently listed for $520,000 and was received on July 22, 2026. Want to learn more about 4940 Highland Lake Drive? Do you have questions about finding other Single Family real estate for sale in South Fulton? You can browse all South Fulton real estate or contact a Coldwell Banker agent to request more information.

Tour this property