Chestnut Lake Preserve
Homes for Sale in Lithonia, GA
All 251 homes for sale in Lithonia, GA · median $239,000 · 148 homes for sale in 30038
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Sherry Ann Anderson Dias, Asia Realty by Mo'Land Group · via Georgia MLS
As of September 2026, Chestnut Lake Preserve in Lithonia, GA has 2 homes for sale. Over the 12 months ending 2026-09-20, 13 recorded sales closed at a median of $224,000, $145 per square foot, a median 63 days on market, sellers accepting 90% of original asking (-1% versus the prior year). Homes listed or recently sold were built 1983–2005. At the median price and DeKalb County's 2025 rate of 34.42 mills, annual property tax runs about $3,080.
| Location | Lithonia, DeKalb County, GA · ZIP 30038 |
|---|---|
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | None, Lake, Carbon Monoxide Detector(s), Security System |
| Sale prices, last 12 months | $224,000 median across 13 closed sales · $145 per sq ft · -1.1% vs the prior 12 months |
| Days on market (closed sales) | 63 median |
| For sale right now | 2 active, 0 pending · median asking $222,450 · 2.0 months of supply |
Data as of September 20, 2026. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Market figures describe homes, not residents. Cite as: Momentum Realty, “Chestnut Lake Preserve key facts,” movewithmomentum.com/neighborhoods/chestnut-lake-preserve, data as of September 20, 2026.
Last 30 days in Chestnut Lake Preserve: 2 closed sales (median $211,950). As of September 21, 2026, Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed.
Chestnut Lake Preserve is trading at a median of $224,000, with price per square foot landing at $145.24. Neither the MLS feed nor recent listings surface any community amenities, so pricing here is being set almost entirely by the individual homes themselves — square footage, lot, condition, and updates — rather than by a shared clubhouse, pool, or gated feature carrying part of the value.
A median of 63 days on market tells you this is not a bidding-war environment. Homes are moving, but buyers have room to negotiate on price and terms rather than racing to beat other offers. With only 13 closings in the tracked window, treat any single data point here as directional, not definitive — get a current comp pull on the specific home before setting an offer or a list price.
Chestnut Lake Preserve right now
🔴 Seller-leaning market. 2.0 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Georgia MLS records, as of September 20, 2026. Confidence: High (2 active and pending listings, 13 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($224K) is down 1.1% from the prior 12 months ($226K). With about 8 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Georgia MLS closed sales, 12-month windows ending September 20. Confidence: Medium (13 and 12 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 22, 2026 · Live data: Georgia MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Chestnut Lake Preserve market snapshot (as of September 20, 2026): the median sale price is about $224K ($145 per sq ft over the trailing 12 months of closed sales), a median 63 days on market for closed sales, and 2.0 months of supply, a seller-leaning market. The trailing-12-month median is down 1% from the prior 12 months, computed from record-level Georgia MLS closed sales (13 closings in the current window).
In ZIP 30038 (Lithonia), 300 homes closed in the last 12 months at a median of $254K ($145/sq ft), down 2.0% year over year, with a median 43 days on market. Right now 78 active and 15 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 30038 housing market.
Georgia MLS sales records identify 28 homes in Chestnut Lake Preserve that have changed hands since 2023, built between 1983 and 2005 (median 2002), with a median living area of about 1,586 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are single-family homes. Source: Georgia MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community. Georgia has no statewide parcel roll comparable to Florida’s DOR file, so ownership and homestead shares are not shown.
Chestnut Lake Preserve sits in Lithonia, DeKalb County, and currently shows no distinguishing community amenities in MLS records — this reads as a straightforward single-family subdivision rather than an amenity-driven community, which keeps the price conversation focused on the homes themselves.
The setting & the homes.
Aerial and on-site photos of Chestnut Lake Preserve. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Chestnut Lake PreservePhotos from Georgia MLS listings in Chestnut Lake Preserve; content deemed reliable but not guaranteed.
Who Chestnut Lake Preserve is best for.
Best for
- Targeting a lower entry price point in DeKalb County and prioritizing home condition over community features.
- Comfortable doing independent diligence on a subdivision with limited recent closing volume.
- Looking for negotiating room rather than a fast-moving, multiple-offer market.
Probably not for
- Wanting a community with an established pool, clubhouse, or other shared amenities.
- Needing a large, deep comp set to benchmark price with high confidence.
- Expecting a fast resale timeline based on rapid recent turnover.
Homes For Sale Right Now in Chestnut Lake Preserve
Live MLS inventory for Chestnut Lake Preserve. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Chestnut Lake Preserve listings as of 2026-09-21, priced high to low. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. 
Tap any home to ask about it.
Every Home for Sale in Chestnut Lake Preserve Right Now (2)
All 2 active and pending Chestnut Lake Preserve listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6817 Mahonia Place · $229,900 · 3 bd / 2.5 ba · listed Jul 13, 2026 · listed by Asia Realty by Mo'Land Group
- 6874 Mahonia Place · $215,000 · 3 bd / 2.5 ba · listed Jun 23, 2026 · listed by ERA Sunrise Realty
Chestnut Lake Preserve on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Georgia MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- DeKalb County School System
- Verify the zoned schools by address
- Magnet and choice options may be available
- Murphy Candler · Elementary
- Salem · Middle
- Martin Luther King Jr · High
District figures are official Georgia (GOSA) 2024-25 data. Zoned schools reflect the assignments reported on recent Chestnut Lake Preserve listings and can change; always confirm with the DeKalb County School System for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Chestnut Lake Preserve address.
Shop the zone: Homes zoned for Murphy Candler Elementary School · Homes zoned for Salem Middle School · Homes zoned for Martin Luther King Jr High School
The Chestnut Lake Preserve buying strategy.
If we were buying in Chestnut Lake Preserve today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Chestnut Lake Preserve.
What's actually driving value here
At $145.24 per square foot against a $224,000 median, this is a value-oriented price point relative to many DeKalb submarkets. Without amenity infrastructure to underwrite part of the price, expect wider variation home to home — a recently updated property and a dated one can post very different numbers even at similar square footage, so the median is a starting reference, not a ceiling or a floor.
The 63-day median days-on-market pace suggests sellers should price realistically from listing rather than testing the market high, and buyers can afford to build in inspection and negotiation time rather than waiving contingencies to compete. The 13-closing sample size means this pricing picture can shift quickly as new closings post — worth re-checking before finalizing any strategy tied to these specific numbers.
The location and the amenities are priced into every listing in Chestnut Lake Preserve. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Chestnut Lake Preserve buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.8). Basis: Recent Direction -1.1% year-over-year; Liquidity & Demand 2.0 months of supply; Pricing Power 90.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community with a thin closings sample and no amenity data to lean on, the analysis has to come from the homes and the comps, not a boilerplate community summary. We track the DeKalb GAMLS feed directly, price against what has actually closed, and tell you plainly when a listing is priced ahead of or behind where the recent data supports.
Chestnut Lake Preserve in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Chestnut Lake Preserve buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Chestnut Lake Preserve sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Chestnut Lake Preserve, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Chestnut Lake Preserve home worth?
Get a no-obligation home value based on real comparable sales in Chestnut Lake Preserve, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Lithonia →
17% of homes for sale in ZIP 30038 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-22).
Chestnut Lake Preserve Market Scorecard
Chestnut Lake Preserve is currently a strong seller's market. About 2.0 months of supply, a median asking price of $222,450, and homes go under contract in about 224 days.
Go deeper: true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
What is the median home price in Chestnut Lake Preserve?
How long do homes in Chestnut Lake Preserve take to sell?
Is Chestnut Lake Preserve a buyer's or seller's market right now?
Who is the best real estate agent for Chestnut Lake Preserve?
How do I find a top Lithonia real estate agent who knows Chestnut Lake Preserve?
Can Momentum Realty connect me with an agent for Chestnut Lake Preserve?
Where is Chestnut Lake Preserve, and what county is it in?
Is Chestnut Lake Preserve a good place to live?
Should you buy in Chestnut Lake Preserve?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 21, 2026) |
| Community market stats | Georgia MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Georgia MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2023 (30 transactions analyzed) |
Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.
Momentum Research figures are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum will price yours against live local comps — a real number, not an algorithm’s guess.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Chestnut Lake Preserve fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Chestnut Lake Preserve with Momentum Realty’s local guides.