Towne Lake is really a dozen neighborhoods under one name, and they price very differently. Here’s how to tell them apart.
Where is Towne Lake?
Towne Lake is a planned community in southern Cherokee County, on the west side of I-575 in Woodstock’s 30189 ZIP code. It runs along Towne Lake Parkway and Eagle Drive, bordered by Bells Ferry Road to the west, the Little River to the north and I-575 to the east. The southeast part is inside the City of Woodstock and the rest is unincorporated Cherokee County, which matters for taxes.
The first thing people ask: there’s no lake called Towne Lake. The name nods to Woodstock and nearby Lake Allatoona. Rose Creek and Noonday Creek run north through the community into the Little River arm of the lake.
Which subdivisions make up Towne Lake?
Towne Lake is a collection of subdivisions, not one neighborhood, built by the Means Brothers Company starting in the late 1980s and added to ever since. Each has its own age, home style and price point. Here’s what sold over the past year:
| Subdivision | Closings | Median sold | $/sq ft | Median year built |
|---|---|---|---|---|
| Towne Lake Hills North | 7 | $900,000 | $168 | 1998 |
| Towne Lake Hills East | 17 | $770,000 | $175 | 1994 |
| Towne Lake Hills | 5 | $650,000 | $172 | 1996 |
| Maple Grove at Towne Lake | 10 | $609,884 | $283 | 2025 |
| The Village at Towne Lake | 14 | $520,000 | $251 | 2021 |
| Towne Harbor | 3 | $400,000 | $193 | Not listed |
| Cottages at Towne Lake | 3 | $345,000 | $260 | 1999 |
| The Crossings at Towne Lake | 3 | $300,000 | $203 | 2000 |
These are small samples, from 3 to 17 sales, so one closing can move a median a lot. For comparison, Woodstock as a whole sells at a median of about $457,500. Next door, Eagle Watch is a golf and tennis community with single family homes built from 1988 to 2008.
Are there homes under $450,000 in Towne Lake?
Yes, in three subdivisions. Over the past year, The Crossings at Towne Lake sold at a $300,000 median, Cottages at Towne Lake at $345,000 and Towne Harbor at $400,000, each on 3 sales. With so few sales, homes there can be gone before most people see them, so set up alerts for the price range you want.
Nearby, more than 60 Woodstock subdivisions sold at a median under $450,000 over the same year, including Chastain Heights ($384,900, 34 sales) and Mountain Brook ($414,500, 12 sales). Our Downtown Woodstock guide has the list, and the first-time buyer guide shows the monthly cost at $425,000 and $450,000.
How do HOAs work in Towne Lake?
There’s no single Towne Lake HOA. Each subdivision has its own association, its own dues and its own amenities. Roughly:
- Eagle Watch: about $978 to $1,086 a year, usually with swim and tennis included.
- Townelake Hills South / Township Place: about $600 a year covering grounds, swim and tennis.
- Towne Lake Hills East: about $852 a year.
Ask for the current dues, any transfer fee and what’s included before you offer.
Is there golf in Towne Lake?
Yes. Towne Lake Hills Golf Club at 1003 Towne Lake Hills East is an 18 hole, par 72 Arthur Hills design that opened in 1994, semiprivate, with a driving range and about 6,780 yards from the back tees. Next door, Eagle Watch Golf Club is an 18 hole, par 72 Arnold Palmer design with three pools, lighted tennis and pickleball courts, a fitness center and a clubhouse restaurant.
What else is there to do around Towne Lake?
Many subdivisions have their own swim and tennis, and Towne Lake Hills East has a clubhouse, fitness center, pickleball and a swim team. Downtown Woodstock, with Main Street, Reformation Brewery and the amphitheater, is close by; see our Downtown Woodstock guide.
The Woodstock Mill District, a 118,000 square foot, Publix anchored center, is going in at Towne Lake Parkway and Woodstock Parkway just east of I-575, folding in the existing Towne Lake Plaza. It’s now expected to open in spring 2027.
What are property taxes in Towne Lake?
It depends on whether the home is inside Woodstock city limits. Every home pays Cherokee County at 5.712 mills and Cherokee County School District at 17.95 mills (16.45 operations plus 1.5 bond). Homes in the southeast part, inside the city, also pay the City of Woodstock rate: 5.13 mills plus a 0.52 mill parks bond for 2026.
What schools serve Towne Lake?
Towne Lake is in the Cherokee County School District, and zones change by street. Most homes go to Carmel Elementary, Woodstock Middle and Woodstock High, with Bascomb Elementary, Boston Elementary, E.T. Booth Middle and Etowah High in some sections. Check any address with the Cherokee County School District.
What does it cost each month to own a home in Towne Lake?
It depends on the subdivision. At Towne Harbor’s $400,000 median, plan on about $3,416 a month with 5% down or $2,814 with 20% down. At Towne Lake Hills East’s $770,000 median, it’s about $6,489 or $5,329. Both count the mortgage at 7.32%, property taxes, insurance and HOA dues.
| Monthly cost at $400,000 | 5% down ($20,000) | 20% down ($80,000) |
|---|---|---|
| Loan amount | $380,000 | $320,000 |
| Principal and interest (30 years at 7.32%) | $2,610 | $2,198 |
| PMI (estimate) | $190 | $0 |
| Property tax, county and school district | $315 | $315 |
| County fire tax and parks bond (unincorporated) | $44 | $44 |
| Homeowners insurance ($300,000 coverage) | $207 | $207 |
| HOA | $50 | $50 |
| Estimated total | $3,416 | $2,814 |
| Monthly cost at $770,000 | 5% down ($38,500) | 20% down ($154,000) |
|---|---|---|
| Loan amount | $731,500 | $616,000 |
| Principal and interest (30 years at 7.32%) | $5,025 | $4,231 |
| PMI (estimate) | $366 | $0 |
| Property tax, county and school district | $607 | $607 |
| County fire tax and parks bond (unincorporated) | $84 | $84 |
| Homeowners insurance ($500,000 coverage) | $336 | $336 |
| HOA | $71 | $71 |
| Estimated total | $6,489 | $5,329 |
Homes in the southeast part of Towne Lake are inside Woodstock city limits: swap the fire and parks line for the city’s 5.13 mills plus 0.52 mill parks bond, about $32 more a month at $400,000 and $61 more at $770,000.
These are planning numbers, not a loan quote, using 2026 tax rates with no exemptions and Georgia average insurance. Our first-time buyer guide shows how every line is figured, including FHA loans.
What I’d tell a friend
Towne Lake is really a group of subdivisions, so the right one depends on your budget and the kind of house you want, from golf course homes in Towne Lake Hills to newer builds in Maple Grove and The Village. I’d start with your price range and your commute, and let us show you which subdivisions fit both. Each one has its own HOA, so compare dues side by side.
Thinking about buying or selling in Towne Lake?
Because every subdivision prices differently, the fastest way in is new listing alerts for the subdivisions you like. Own in Towne Lake? Get a real number for your street with a home value. Or call or text Gabe at 470-391-4663, or grab a time on our calendar.
FAQ
Is there a lake in Towne Lake?
There’s no lake named Towne Lake; the name refers to Woodstock and nearby Lake Allatoona. Rose Creek and Noonday Creek flow north through the community into the Little River arm of the lake.
How much do homes in Towne Lake cost?
It depends on the subdivision. Over the past year, medians ran from $300,000 at The Crossings at Towne Lake to $900,000 at Towne Lake Hills North, with Towne Lake Hills East at $770,000.
Can I buy in Towne Lake for under $450,000?
Yes, though not often. The Crossings at Towne Lake ($300,000), Cottages at Towne Lake ($345,000) and Towne Harbor ($400,000) all sold at medians under $450,000 over the past year, on 3 sales each.
What is the HOA fee in Towne Lake?
There’s no single Towne Lake HOA; each subdivision sets its own dues, roughly $600 to $1,086 a year, often with swim and tennis included. Confirm with the specific HOA.
Is Towne Lake in the City of Woodstock?
Partly. The southeast portion is inside Woodstock city limits and the rest is unincorporated Cherokee County, so city taxes apply only to some addresses.
Is Towne Lake Hills Golf Club public?
It’s semiprivate, an 18 hole, par 72 Arthur Hills course that opened in 1994 with a driving range. Eagle Watch Golf Club, an Arnold Palmer design, is next door.