Lake Island Estates
Homes for Sale in Atlanta, GA
All 2,265 homes for sale in Atlanta, GA · median $339,900 · 47 homes for sale in 30327
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Catherine LaMon · via Georgia MLS
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $1,300,000, $256 per square foot, a median 32 days on market, sellers accepting 89% of original asking. Homes listed or recently sold were built 1967–1974. At the median price and Fulton County's 2025 rate of 25.95 mills, annual property tax runs about $13,490.
| Location | Atlanta, Fulton County, GA · ZIP 30327 |
|---|---|
| Amenities listed by sellers | Near Public Transport, Near Shopping, Walk To Schools, Carbon Monoxide Detector(s), Security System |
| Sale prices, last 12 months | $1,300,000 median across 3 closed sales · $256 per sq ft |
| Days on market (closed sales) | 32 median |
| For sale right now | 0 active, 0 pending |
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, “Lake Island Estates key facts,” movewithmomentum.com/neighborhoods/lake-island-estates, data as of September 20, 2026.
At a median of $1,300,000 and roughly $255.54 per square foot, Lake Island Estates sits well above typical Atlanta metro pricing, which tells you the value here is coming from lot size, water proximity, or square footage rather than density of finishes alone. With only a handful of closings feeding this snapshot, treat the median as directional rather than a fixed benchmark — each sale in a market this thin can move the number meaningfully.
A median days-on-market just over 30 suggests homes here are not sitting, but they are not moving instantly either — buyers are taking time to evaluate a property this size and price point before committing. For sellers, that argues for pricing tightly to condition and comparable finishes rather than testing the ceiling; for buyers, it means there is room to negotiate on terms, though not necessarily on price given the limited inventory turning over.
Nearby homes for sale
No active listings inside Lake Island EstatesHomes for Sale in Atlanta, GA right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Lake Island Estates market snapshot (as of September 20, 2026): the median sale price is about $1.30M ($256 per sq ft over the trailing 12 months of closed sales), and a median 32 days on market for closed sales.
In ZIP 30327 (Atlanta), 152 homes closed in the last 12 months at a median of $1.45M ($350/sq ft), up 15.5% year over year, with a median 30 days on market. Right now 38 active and 11 pending listings put supply at about 4.6 months — a balanced market. See the live ZIP 30327 housing market.
Lake Island Estates is a low-turnover enclave in Fulton County where pricing reflects larger, more established homes rather than a packaged amenity list — current MLS data shows no formal community amenities tied to listings here, so the draw is the setting and the real estate itself.
The setting & the homes.
Aerial and on-site photos of Lake Island Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Lake Island Estates
Lake Island Estates
Lake Island EstatesPhotos from Georgia MLS listings in Lake Island Estates; content deemed reliable but not guaranteed.
Who Lake Island Estates is best for.
Best for
- Buying for square footage and lot size rather than a curated amenity package.
- Comfortable pricing or negotiating in a market with a thin, low-volume comp set.
- Trading up into Fulton County with a budget centered around the mid-$1.3M range.
Probably not for
- Needing an HOA-run amenity package like pools, trails, or clubhouses as part of the purchase.
- Wanting a deep set of recent comparable sales to validate pricing before writing an offer.
- Working with a tight timeline that depends on fast, predictable turnover in the local inventory.
Housing distress & ownership in Lake Island Estates, Atlanta
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Deemed reliable but not guaranteed.
Lake Island Estates 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.
The Lake Island Estates buying strategy.
If we were buying in Lake Island Estates 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Lake Island Estates.
What the numbers are actually telling you
The per-square-foot figure here, $255.54, is a useful cross-check against the headline median: it confirms the price tag is largely a function of size and land rather than a premium finish-out across the board. That combination — high median price, moderate price-per-square-foot — usually points to larger footprints or lot premiums driving value, which matters when you're comparing this community to smaller, higher-finish homes elsewhere in Fulton County.
With a closings window this narrow, this is not a market where you can lean on a deep comp set. Every appraisal, every negotiation, and every listing strategy here needs to be built around the specific property and its closest recent peers rather than a broad statistical trend line, because the trend line itself is built on very few data points.
The location and the amenities are priced into every listing in Lake Island Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with this few recorded closings, pricing a listing or structuring an offer correctly depends on knowing which of those handful of sales are truly comparable — lot, condition, and finish level matter more than usual when the sample size is small. We pull the underlying GAMLS closing data property by property rather than leaning on an averaged headline number, which is the difference between a defensible price and a guess in a market like this.
Lake Island Estates 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 Lake Island Estates 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 Lake Island Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Island Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Island Estates home worth?
Get a no-obligation home value based on real comparable sales in Lake Island Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Lake Island Estates?
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Where is Lake Island Estates, and what county is it in?
Should you buy in Lake Island Estates?
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 2025 (3 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.
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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.
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Nearby Communities
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