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3 Bed · 3 Bath · 2,927 Sq Ft
Spacious ranch with granite kitchen, partial basement, and lake access nearby
3
Beds
3
Baths
2,927
Sq Ft
1975
Built
1.5 acres
Lot
2-car attached
Garage
What first strikes you about 7431 McMinnville Highway is the breadth of property — a level 1.5-acre parcel with fronting on State Route 56 that gives this ranch-style home scale and privacy uncommon so close to Center Hill Lake. The single-story plan extends nearly 3,000 square feet and includes a partially finished lower level with its own full bathroom — ideal for guests, a home office, or hobby space.
Inside, the kitchen stands out: durable granite countertops anchor generous work surfaces and connect to living spaces designed for everyday family life and weekend gatherings. Practical updates – newer windows and a recently installed hot water heater among them – reduce near-term maintenance needs while preserving the home’s classic 1975 bones. Mechanical systems are central natural gas heating and central air; the roof is composition shingle. A two-car attached garage plus additional driveway parking handle vehicles and toys for lake trips.
Living here is about balance: peaceful country acreage with recreational access minutes away. Center Hill Lake sits approximately two miles from the door, and Edgar Evins State Park is a short drive for hiking, camping, and water recreation. Downtown Smithville’s shops and restaurants are roughly five miles east, offering convenient errands and community events without sacrificing rural calm.
From an investment and lifestyle perspective, the house offers solid upside. The partially finished basement adds usable square footage and rental or in-law potential; the large lot provides room for garden projects, play areas, or future additions (zoning R-1 allows accessory dwelling units with applicable approvals). Recommended due diligence includes inspection of the septic system and a professional review of roof and HVAC age and condition, but recent interior updates and the property’s condition position it as a move-in-ready opportunity for families or buyers seeking a recreation-proximate home.
I toured this property and came away impressed by how the scale and site work together: wide lawns, private yard areas, and easy access to boating and fishing make it a rare find on this section of McMinnville Highway. If you want a spacious ranch that pairs comfortable daily living with quick access to lake life, this Smithville property merits a close look.
This stretch of McMinnville Highway blends rural character with quick access to Smithville’s services and Center Hill Lake recreation. Residents enjoy wide lots, country views, and easy drives to boat ramps, fishing spots, and state park trails. Local schools are part of DeKalb County Schools, and downtown Smithville — with grocery options, dining, and community events — lies only a short drive away. The area attracts buyers who want outdoor life and space without sacrificing town conveniences.
Smithville’s single-family market is currently balanced-to-seller-leaning. Inventory sits around three months — a level that typically favors sellers — and average days on market in the area are roughly 45 days. Median sale price for the local market is near $250,000, while recent comparable sales within five miles show closings between $325,000 and $364,900 for similar or remodeled product; a valuation analysis for this property places a likely range of $275,000–$325,000 (midpoint ~$300,000). Homes with lake proximity and larger lots, like this one, tend to move faster than the broader market because buyers seeking recreation access value acreage and waterfront adjacency.
For buyers: act with prepared financing and inspection contingencies to move efficiently in this inventory-constrained market. For sellers: pricing competitively relative to recent comps and highlighting the 1.5-acre lot and partially finished basement will capture strong interest. Overall appreciation in the area has been modest but steady (about 5% year-over-year and ~20% over five years), supporting both owner-occupant and short-term rental strategies for properties near Center Hill Lake.
Smithville Elementary School
Elementary
DeKalb Middle School
Middle
DeKalb County High School
High
Very good outdoor access: Center Hill Lake is about 2 miles away for boating and fishing, Edgar Evins State Park offers hiking/camping nearby, and local roads provide scenic cycling and walking routes.
Well-maintained ranch-style home near Center Hill Lake with recent updates and large lot size. Proximity to recreational amenities and steady market appreciation suggest strong resale potential.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$275K
Midpoint
$300K
High
$325K
$102.5/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 5 miles sold in last 6 months. Adjusted for lot size, condition, and proximity to Center Hill Lake. Assessed value of $200K appears below market.
As of 2026-07-29
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Smithville has experienced steady population growth over the past decade, with increasing demand for residential properties near Center Hill Lake.
Proximity to Center Hill Lake offers boating, fishing, and recreational opportunities. Downtown Smithville provides shopping and dining options. Edgar Evins State Park offers hiking and camping facilities.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$63.2/SF
Arm's length transaction
$42.7/SF
Post-recession purchase
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