506 Olympic Way

$700,000
Price
5
Beds
3,464 Sq. Ft.
$202 / Sq. Ft.
3,464
Sq. Ft.
$202
per Sq. Ft.

Description

Beautifully updated and exceptionally maintained 5BR/4BA brick-front home with inground pool and daylight basement in the highly sought-after Centennial Lakes community of Cherokee County. Nestled on a 0.24-acre lot, this 2011-built property offers over 3,400 finished sqft, which includes a finished bedroom and full bath in the basement along with an additional 868 sqft of unfinished storage space perfect for future expansion. A welcoming 2-story foyer and tall ceilings set the tone as you enter...Beautifully updated and exceptionally maintained 5BR/4BA brick-front home with inground pool and daylight basement in the highly sought-after Centennial Lakes community of Cherokee County. Nestled on a 0.24-acre lot, this 2011-built property offers over 3,400 finished sqft, which includes a finished bedroom and full bath in the basement along with an additional 868 sqft of unfinished storage space perfect for future expansion. A welcoming 2-story foyer and tall ceilings set the tone as you enter this well-appointed home. Enjoy peace of mind with a 2-year-old 5-ton HVAC system, 5-year-old roof, vinyl windows, and LVP flooring throughout the main living areas and bedrooms, with tile flooring in the primary bath and basement bath. The 2021 kitchen remodel includes white cabinets, tile backsplash, quartz countertops, a walk-in pantry, a farmhouse sink, and an oversized island with seating for six. The kitchen also offers an electric range/cooktop with a gas line available, plus all appliances—including the refrigerator—remain with the home. The main level offers a spacious family room with fireplace, a bedroom and full bath, laundry room, and a formal dining room highlighted by a deep coffered ceiling. Upstairs features three generous bedrooms plus a spacious media room with barn doors, ideal for movie nights or gaming, while the large primary bedroom includes an attached ensuite offering double vanities and a walk-in closet. Outdoor living shines with a covered rear porch, privacy-fenced yard, and a stunning 20,000-gallon heated saltwater gunite pool installed in 2016, complete with tanning ledge, waterfall feature, 400k BTU gas heater, and Dolphin robotic cleaner—perfect for relaxing and entertaining. Centennial Lakes offers unmatched amenities including a lake, pool, clubhouse, tennis, basketball, volleyball, playground, sidewalks, and streetlights. With modern updates, exceptional outdoor living, and resort-style amenities, this home delivers outstanding value in a prime Acworth location.
  1. Listed by Diane Menard • Atlanta Communities • 678-897-9227

Property Details for 506 Olympic Way

Subdivision Complex
Centennial Lakes
Architectural Style
Craftsman, Traditional
Exterior
Private Entrance, Private Yard, Rain Gutters, Rear Stairs
Num Of Garage Spaces
2
Parking Features
Attached, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level
Property Attached
No
Waterfront Features
None
LISTING UPDATED: 12/17/2025 01:56 PM

Property Details for 506 Olympic Way

StatusActive
MLS #7689957
Days on Market27
Taxes$4,710 / year
HOA Fees$800 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2011
Lot Size0.24 AC / 10,454 SF
CountyCherokee County

Location

Listing Courtesy of Atlanta Communities, Diane Menard
Add your commute

Building Information for 506 Olympic Way

Stories2Year Built2011Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$3,918 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,459

Property Taxes

$393

HOA Dues

$67

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Olympic Way

Summary
Location and General Information
  • Community Features: Clubhouse, Fishing, Homeowners Assoc, Lake, Near Shopping, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Directions: From I-75, take Exit 277 and turn right onto Hwy 92, turn right onto Centennial Drive (Main Entrance of Centennial Lakes) and turn left onto Shaw Drive, follow Shaw Drive and turn left onto American Lane, then turn left onto Olympic Way. Home will be on the left.
  • Lake Name: None
  • View: Neighborhood
  • Coordinates: -84.624827, 34.084788
Taxes and HOA Information
  • Parcel Number: 21N06G 182
  • Tax Year: 2024
  • Master Association Fee: $.00
  • HOA Contact Phone: 770-575-0943
  • HOA Rent Restrictions: Yes
  • Association: Yes
  • Tax Legal Description: LOT 252 CENTENNIAL LAKESPOD 4B 98/61
  • Tax Lot: 252
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Clark Creek
  • High School: Etowah
  • Middle School: E.T. Booth
Virtual Tour
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Heating: Central, Forced Air, Heat Pump, Natural Gas
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Basement: Daylight, Finished, Finished Bath, Full, Unfinished
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • # of Fireplaces: 1
  • Flooring: Luxury Vinyl, Tile
  • Interior Features: Coffered Ceiling(s), Crown Molding, Double Vanity, Entrance Foyer 2 Story, High Speed Internet, Recessed Lighting, Tray Ceiling(s), Walk-In Closet(s)
  • Levels/Stories: Two
  • Other Equipment: None
  • Window Features: Double Pane Windows, Insulated Windows, Window Treatments
  • Bedroom Features: Oversized Master, Split Bedroom Plan
  • Diningroom Features: Separate Dining Room
  • Kitchen Features: Breakfast Bar, Cabinets White, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower
  • Foundation: Concrete Perimeter
  • Main Bedrooms: 1
  • Total Half Baths: 0
  • Bathrooms Total Interger: 4
  • Main Full Baths: 1
  • Additional Rooms: Basement, Family Room, Media Room
  • Bathrooms Total Decimal: 4.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick Front, Cement Siding
  • Dock: None
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Horse Amenities: None
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Pool Features: Heated, In Ground, Salt Water, Waterfall
  • Road Surface Type: Paved
  • Roof Type: Composition, Ridge Vents, Shingle
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Spa Features: None
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Pool Private: No
  • Road Frontage Type: County Road
  • Other Structures: Outbuilding
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
  • Water Source: Public
  • Electric: 110 Volts, 220 Volts in Laundry
Property and Assessments
  • Home Warranty: No
  • Plat Book: 100
  • Plat Page: 170
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 2nd
  • Above Grade Finished Area: 3014.0
  • Below Grade Finished Area: 450.0
  • SqFt Source: Agent Measured
  • Square Footage: 3464.0
  • Common Walls: No Common Walls
  • Land lot: 1250
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Private
  • Acreage Source: Public Records
  • Lot Size Dimensions: 60x177x60x177
  • Below Grade Unfinished Area: 868.0
Multi Family
Income & Expenses Information
  • Swim/Tennis Fee Due: None
Rental
Rent Information
  • Land Lease: No
  • Occupant Types: Vacant

Property History for 506 Olympic Way

DateEvent & SourcePriceAppreciation
Feb 23, 2012

Sold (Public Record)

Public Record #324695939

$245,600—
DateEvent & SourcePrice
02/23/2012

Sold (Public Record)

Public Record #324695939

$245,600

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 506 Olympic Way

Taxable ValueLand$38,000Additions$188,720Total$226,720
Tax Record2025$5,119 ($427 / month)
Home Facts
Beds4Baths3Total Finished SqFt3,014 SqFtAbove Grade Finished SqFt3,014 SqFtUnfinished Basement SqFt1,462 SqFtStories2Lot Size10,454 SqFtStyleSingle Family ResidenceYear Built2011ZoningRD-3CountyCHEROKEEAPN21N06G 182Fireplace TypeHas Fireplace

Schools near 506 Olympic Way

This home is within Cherokee County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Clark Creek Elementary School
PublicPK to 5

E.T. Booth Middle School
Public6 to 8

Etowah High School
Public9 to 12

iGrad Virtual Academy School
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

506 Olympic Way is a single family home for sale in Acworth, GA 30102. This property was listed for sale on December 8, 2025 by Atlanta Communities, it's currently listed at $700,000. It has been on the market for a total of 27 days and was last sold on February 23, 2012. This listing's school district is Cherokee County School District. Nearby schools include Clark Creek Elementary School, E.T. Booth Middle School and Etowah High School. 506 Olympic Way is a 5-bed, 4-bath, 3,464 sqft single family home built in 2011.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Atlanta Communities, Diane Menard

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.