5401 Panola Way Lane Lithonia, GA $ 308,000
5401 Panola Way Lane
$ 308,000
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5401 Panola Way Lane

Lithonia, GA, 30058
$ 308,000
Bedrooms4 Baths3.0 Sq 2,424

Monthly Estimate*

$ 1,896

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Single Family Home for sale in Lithonia, GA

for $308,000 with 4 bedrooms and 3 full baths. This 2,424 square foot home was built in 1975 on a lot size of 0.55.

Ideally situated in a quiet, established DeKalb County community, this classic 4-bed, 3-bath, 2,424 sq ft split-level home is rich in potential and opportunity. A grand foyer with double wood doors and a crystal chandelier welcomes you into an expansive formal living room featuring gleaming hardwood floors, crown molding, and abundant natural light. The functional layout features a bright kitchen looking out to the private rear grounds, overlooking a sunken family room anchored by a classic brick fireplace. The ultra-flexible lower level offers an ideal layout for modern living, including space for a private home office, media den, or guest arrangement. Step outside to an exceptional outdoor retreat featuring a large raised wooden deck, a paved patio, and a massive, park-like backyard shaded by mature trees. Enjoy immediate value with key mechanical upgrades, including a 2016 HVAC and a newly serviced garage door. In a commitment to total transparency, sellers are providing a full pre-listing inspection report (March 2026) upfront, disclosing original wiring and crawlspace details. Sold strictly AS-IS to allow for your custom cosmetic updates and instant equity-building, complete with a transferable home warranty for peace of mind. Located just moments from Panola Way Elementary (0.1 miles), shopping, dining, and major commute routes—this home combines a stellar location with endless possibilities!

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Single Family Active

Price

$ 308,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 3,069

Style

Traditional

Lot Size

0.55

Year Built

1975

Town/City

Lithonia

County/Region

Dekalb

MLS | Web ID

7741019

Features
General
Sewer Septic Tank
Heating Central Natural Gas
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Underground Utilities Water Available
Roof Composition Shingle
Appliances Dishwasher Dryer Microwave Refrigerator Tankless Water Heater Washer
Garage Spaces 2
Patio/Porch Features Patio
Architectural Style Traditional
Pool Features None
Security Features Fire Alarm Fire Sprinkler System Security System Leased
Construction Materials Aluminum Siding
Year Built 1975
Electric Generator
View Neighborhood
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 16 038 02 078
Waterfront Features None
Community Features Near Public Transport Near Schools Near Shopping Park Sidewalks
Accessibility None
HOA Fee 2 0
County Dekalb - GA
Property Type Residential
HOA false
Energy Efficient None
Subdivision Name Panola Way
Green Energy Generation None
Other Structures Garage(s) Gazebo
Full Baths 3
Status Active
Directions I-20 East to Exit 71 (Panola Rd). Turn Left (North). Cross Covington Hwy and continue to Panola Way Ln. Turn Left. Property is on the Right at the corner of Panola Way Ln and Panola Way Ct.
High School Miller Grove
City Lithonia
Body of Water None
Spa Features None
Elementary School Panola Way
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 3069
Home Warranty Y/N true
Middle/Junior High School Miller Grove
Property Condition Resale
Standard Status Active
Tax Lot 7
Freehold IDX
Corporate Owner None
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Interior
Interior Amenities Entrance Foyer Walk-In Closet(s)
Basement Crawl Space
Flooring Carpet Hardwood
Total Fireplaces 1
Fireplace Features Family Room
Common Walls No Common Walls
Window Features Aluminum Frames
Half Baths 0
Laundry Features Common Area Electric Dryer Hookup
Total Bedrooms 4
Room Type Bonus Room Office
Main Level Bedrooms 0
Main Level Bathrooms 0
Kitchen Features Breakfast Room Cabinets Other
Total Baths 3
Primary Bathroom Features Shower Only
Dining Room Features Great Room
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Exterior
Exterior Amenities Private Yard
Fencing Back Yard
Parking Features Attached Driveway Garage Garage Door Opener Garage Faces Side
Lot Features Back Yard
Water Source Public
Foundation Details Block Concrete Perimeter
Building Area Total 2424
Lot Dimensions 201 x 120
Lot Size Acres 0.55
Road Surface Type Paved
Lot Size Source Public Records
Road Frontage Type City Street
Other Equipment Satellite Dish
Horse Amenities None
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* Excluded Features
List By
Meika Lawson

Listing Agent

Homesmart

Broker

meikarose@gmail.com

Email

Affordability Calculator

$2,152
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,896
Monthly Property Taxes
$256
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4133415 Elementary School
4133983 Middle School
Miller Grove High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$308,000 Listed Price

Map


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5401 Panola Way Lane, Lithonia, GA, 30058 is a Single Family Home for sale at $308,000 with 2,424 sqft and a lot size of 0.55. 5401 Panola Way Lane has 4 bedrooms, 3.0 baths, and was built in 1975. The property's zip code is 30058 which is in Lithonia, GA