Active92 days listed

1189 Iris Lake Road, McDonough, GA 30252

  • 6bd
  • 5ba
  • 3,010SF
  • 67ac lot

Single-family homeIris Lake

List price

$2,750,000

$914/SF list

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FMLS IDXFMLS #7810294 · Listing Provided By Wepartner Realty, LLC. · 678-878-3885 · Listing agent Yibei Xu

Location

1189 Iris Lake Road, McDonough GA 30252

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About this home

Iris Lake East – 67-Acre Private Lake Estate, Investment & Development Opportunity!<br><br> Welcome to Iris Lake, a unique 67-acre property featuring a stunning 22-acre PRIVATE LAKE, conveniently located just south of the City of Atlanta in Henry County, Georgia.<br><br> This offering is marketed as a combined sale consisting of three Parcel IDs: 126-01037001 (6 acres), 126-01037002 (1189 Iris Lake Rd, McDonough, GA 30252 with 46 acres), and 126-01037004 (1209 Iris Lake Rd, McDonough, GA 30252 with 15 acres). Two of the parcels are improved with residential homes that both renovated in 2021 with total 3,010 sqft, located at 1189 Iris Lake Rd (Single Family with 4 bedrooms and 3 bathrooms with 1,999 sqft) and 1209 Iris Lake Rd (Duplex with 2 bedrooms, 2 bathrooms, and a studio with 1,011 sqft), while Parcel ID 126-01037001 is a vacant parcel that adds additional land value and future development potential.<br><br> Whether envisioned as a generational family estate, private retreat, income-producing investment, or future development project, this property offers unmatched potential. The property's centerpiece is its expansive private lake, providing breathtaking views, fishing, boating, wildlife, and a level of privacy that is increasingly difficult to find in Metro Atlanta.<br><br> Ideally located approximately 30 miles from the City of Atlanta and with convenient access to Hartsfield-Jackson Atlanta International Airport, the property combines peaceful lakefront living with proximity to major business, transportation, shopping, dining, and entertainment destinations.<br><br> Existing improvements include two duplex buildings providing immediate rental income while preserving significant acreage for future expansion or development. With extensive road frontage, beautiful topography, and a highly desirable location in one of Georgia's fastest-growing counties, the possibilities are endless!<br><br> Property Highlights<br> • 67 acres of prime property<br> • 22-acre private lake<br> • Income-producing duplexes (4 rental units)<br> • Approximately 30 miles from Downtown Atlanta<br> • Convenient access to Hartsfield-Jackson Atlanta International Airport<br> • Exceptional privacy and natural beauty<br> • Ideal generational estate or family compound<br> • Residential, recreational, investment, and development potential<br> • Rare opportunity in a high-growth Metro Atlanta market<br><br> Iris Lake is more than a property—it's a legacy asset. Whether creating a private family retreat for generations to come, developing a premier lakefront community, or holding a unique investment with long-term appreciation potential, this remarkable estate offers a combination of land, water, location, and opportunity rarely found in today's market!

How this list price compares in McDonough

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Home facts

Property type
Single-family home
Status
Active
Bedrooms
6
Full baths
5
Living area
3,010 SF
Lot size
67 acres
Year built
1977
Levels
Two
Main-level bedrooms
3
Parking
Driveway
Style
Traditional
Construction
Vinyl Siding, Other
Roof
Composition
Flooring
Carpet, Luxury Vinyl, Tile
Heating
Central, Hot Water
Cooling
Ceiling Fan(s), Central Air
Fireplaces
1
Appliances
Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Lot
Back Yard, Front Yard
HOA
No
Annual tax
$15,989 (2025)
County
Henry

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $2,750,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$19,490/mo

Principal and interest
$17,002
Property tax
$1,332
Home insurance
$125
Mortgage insurance
$1,031
Loan amount
$2,475,000
Cash down
$275,000

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

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Questions about this home

How do I schedule a showing of this home?

Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.

How do I get more information about this listing?

Send your question through the form on this page. Listing details come from FMLS and are provided by Wepartner Realty, LLC., so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.

How is the monthly payment estimate calculated?

It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.

Where can I see similar homes for sale in McDonough?

See the similar homes section on this page, or browse all homes for sale in McDonough, GA.

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