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$219,900
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Property Description
Welcome home to a beautifully reimagined 3-bedroom, 2-bath ranch that blends modern luxury with timeless comfort. Nestled in one of McDonough's more affordable favorite swim and tennis communities, this move-in-ready stunner delivers the lifestyle buyers dream about peaceful, stylish, and close to everything. Step inside and feel the difference immediately. Every inch of this home has been thoughtfully renovated from top to bottom, offering a fresh, contemporary feel with designer touches throughout. The open-concept living area welcomes you with warm natural light, creating a perfect space for cozy evenings, lively gatherings, and everything in between. The chef-inspired kitchen sits at the heart of the home, featuring brand-new cabinetry, sleek countertops, stainless steel appliances, and a perfectly placed island that's ready for morning coffee, meal prep, or entertaining friends. Relax in the spacious owner's suite with its private ensuite bath your personal sanctuary after a long day. Two additional bedrooms offer flexibility for guests, a home office, or creative space. Outside, the backyard invites you to enjoy quiet mornings, weekend barbecues, or simply unwind under the Georgia sky. And with swim and tennis amenities and lake just steps away, every day can feel like a staycation. This is more than just a home, it's a fresh start, a soft landing, and a place to build your next chapter. Discover the charm, comfort, and convenience waiting for you at 122 Lake Terrace McDonough, GA.
Full Property Details
Full Property Details for 122 Lake Terrace
General
- Price: $219,900
- HOA FEE: $320
- Taxes: $3,549 (2023)
- Status: Under Contract
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10645068
- Updated: 1/9/2026
- Added to Site: 63 day(s) ago
Interior
- Rooms/Areas: Family Room, Foyer, Laundry, Other
- Interior Features: High Ceilings, Master On Main Level, Other, Roommate Plan, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Microwave, Other, Oven/Range (Combo), Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Kitchen: Breakfast Area, Pantry
- Laundry: Other
Additional Information
- Shared Pool: Yes
- Tennis: Yes
Parking
- Parking Features: Garage
Location
- County: Henry
- Driving Directions: GPS
School Information
- Elementary School: Wesley Lakes
- Middle School: Eagles Landing
- High School: Eagles Landing
Community
- Assoc. Fees Include: Swimming, Tennis
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Ranch, Traditional
- Construction Status: Resale
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: One
- Living Area: 1,268 Sq. Ft.
- Finished Total: 1,268 Sq. Ft.
- Finished Above Grnd: 1,268 Sq. Ft.
- Year Built: 1994
Lot Features
- Lot Size Source: Other
- Lot Description: Other
Financial Considerations
- Association Fee: Yes
- Association Fee: $320
- Tax Amount: $3,549.16
- Tax Year: 2023
Disclosures and Reports
- Section: 1
- Lot Number: 157
- Block/Lot/Section: 1
Listing Courtesy of: Hallway Realty
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Schools
Schools serving 122 Lake Terrace
School District:Henry County School District
| Name | Grades | Distance |
|---|---|---|
Wesley Lakes Elementary School 685 McDonough Parkway, McDonough, GA 30253 | PK-5 | 0.6 mi |
Henry County Middle School 175 Postmaster Dr, McDonough, GA 30253 | 6-8 | 1.8 mi |
McDonough High School 155 Postmaster Dr, McDonough, GA 30253 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Lake Terrace
Date
Details
Price
Change
Source
12/18/2025
Price Reduced
$219,900
-2.27%
MLS
11/17/2025
Listed
$225,000
7.14%
MLS
2/10/2023
Sold
$210,000
—
Public Record
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
Tax History for 122 Lake Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,598
6%
$89,280
6%
2024
$3,406
-6%
$84,000
-9%
2023
$3,617
27%
$92,520
28%
2022
$2,851
37%
$72,560
38%
2021
$2,084
100%
$52,560
9%
2020
-100%
$48,080
9%
2019
$1,761
21%
$44,120
21%
2018
$1,461
8%
$36,320
8%
2017
$1,355
10%
$33,560
11%
2016
$1,230
5%
$30,280
9%
2015
$1,166
24%
$27,760
28%
2014
$939
44%
$21,760
49%
2013
$654
—
$14,560
—
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
Estimate the Cost for 122 Lake Terrace
122 Lake Terrace, McDonough, GA 30253 (MLS# 10645068) is a Single Family property with 3 bedrooms and 2 full bathrooms. 122 Lake Terrace is currently listed for $219,900 and was received on November 17, 2025. Want to learn more about 122 Lake Terrace? Do you have questions about finding other Single Family real estate for sale in McDonough? You can browse all McDonough real estate or contact a Coldwell Banker agent to request more information.

