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  • $699,500

    424 Water Fall Ln, Stone Mountain, GA 30087

    7beds
    6,136sqft
    : 
    $4,909/mo
    Get pre-qualified
    Single Family Residence
    Built in 1998
    0.42 Acres Lot
    $684,200 Zestimate®
    $114/sqft
    $94/mo HOA

    What's special

    Fully renovated lakefront homeImpressive primary suiteOversized walk-in closetSpacious bathroomTwo kitchensBright expansive main levelFull laundry area
    LAST CHANCE! Deadline for Offers: Sunday (8/23/26) by 8 PM. Welcome to 424 Water Fall Lane, an exceptional fully renovated lakefront home in Stone Mountain's desirable Water's Edge community, offering 6,136 total square feet, 7 bedrooms, and 5.5 bathrooms across three beautifully finished levels. Set against a peaceful private lake, this remarkable residence offers breathtaking views of the water and Stone Mountain. Step inside to a bright, expansive main level featuring all-new hardwood flooring, fresh interior paint, updated fixtures, and generous living and entertaining spaces. The impressive primary suite is conveniently located on the main level and serves as a true private retreat, complete with its own fireplace, an oversized walk-in closet, a spacious bathroom, and serene views of the backyard, lake, and Stone Mountain. The upper level provides additional spacious bedrooms finished with high-end luxury vinyl flooring, while the fully finished basement offers exceptional flexibility for multigenerational living, extended guests, or entertaining. The basement includes two large bedrooms, two full bathrooms, a complete second kitchen with new stainless-steel appliances, a full laundry area, and multiple living and recreation spaces. The home features three new HVAC systems, a new water heater, updated plumbing and electrical systems, new fixtures, new flooring throughout, new stainless-steel appliances on both the main and basement levels, and fresh interior and exterior paint. Two exterior decks provide excellent outdoor living space, including an oversized deck accessible from the family room and master bedroom with a beautiful view of the lake. The large backyard has also been refreshed with new sod, creating plenty of room for recreation, entertaining, and relaxation. Water's Edge is centered around a picturesque private community lake and offers spectacular neighborhood amenities, including tennis courts, pickleball courts, a basketball court, and a swimming pool. The community is also located just minutes from Stone Mountain Park. Convenient access to Rockbridge Road, Annistown Road, Highway 78, and I-285 makes commuting throughout Stone Mountain, Tucker, Decatur, and the greater Atlanta area easy. Nearby parks, shopping, dining, schools, and recreational attractions add even more convenience. This is a rare opportunity to own a spacious, fully renovated lakefront home with commanding views, multiple living areas, two kitchens, two laundry areas, and room for nearly every lifestyle. 424 Water Fall Lane offers the space, flexibility, scenery, and upgrades buyers have been searching for.
    41 days
    |
    1,359
    |
    103
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amir Amer 404-599-8256,

    Virtual Properties Realty.com

    Source: GAMLS,MLS#: 10803757MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bonus Room, Exercise Room, Game Room, Laundry, Office
      Dining room
      • Features: Separate Room
      Kitchen
      • Features: Breakfast Room, Kitchen Island, Second Kitchen, Walk-in Pantry, Solid Surface Counters
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Microwave, Stainless Steel Appliance(s)
      • Laundry: In Basement, Other
      Features
      • Double Vanity, Walk-In Closet(s), High Ceilings, In-Law Floorplan, Master On Main Level
      • Flooring: Hardwood, Other
      • Windows: Double Pane Windows, Bay Window(s)
      • Basement: Daylight,Exterior Entry,Finished,Full,Interior Entry,Bath Finished
      • Number of fireplaces: 2
      • Fireplace features: Family Room, Master Bedroom
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 6,136
      • Total interior livable area: 6,136 sqft
      • Finished area above ground: 3,780
      • Finished area below ground: 2,356

      Property

      Parking
      • Total spaces: 8
      • Parking features: Garage
      • Has garage: Yes
      Accessibility
      • Accessibility features: Other
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Patio, Deck
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Privileges, Lake
      • Body of water: Water'S Edge Lake
      • Frontage type: Lakefront
      • Frontage length: Waterfront Footage: 79
      Lot
      • Size: 0.42 Acres
      • Features: Level, Other
      Details
      • Additional structures: Other
      • Parcel number: 18 029 01 165
      • Special conditions: Agent/Seller Relationship

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available

      Community & HOA

      Community
      • Features: Clubhouse, Lake, Park, Pool, Tennis Court(s), Playground
      • Subdivision: Waters Edge
      HOA
      • Has HOA: Yes
      • Services included: Tennis, Swimming
      • HOA fee: $1,133 annually
      Location
      • Region: Stone Mountain

      Financial & listing details

      • Price per square foot: $114/sqft
      • Tax assessed value: $444,000
      • Annual tax amount: $5,543
      • Date on market: 7/12/2026
      • Cumulative days on market: 41 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        $684,200

        $650,000 - $718,000

        $4,587/mo

        Price history

        DateEventPrice
        7/12/2026Listed for sale$699,500+108.8%$114/sqft
        Source: GAMLS #10803757 Report a problem
        10/22/2025Sold$335,000+15.1%$55/sqft
        Source: Public Record Report a problem
        10/5/1998Sold$291,100$47/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,543 -4.1%$177,600
        2024$5,780 +54.4%$177,600 +40.3%
        2023$3,743 -13.5%$126,560
        2022$4,328 -3.1%$126,560 -3.1%
        2021$4,465 +1.3%$130,560 +1.4%
        2020$4,410 +18%$128,760 +16.5%
        2019$3,738 +20.8%$110,520 +20.2%
        2018$3,096 +6%$91,920 +10.2%
        2017$2,919 +12.5%$83,400 +9.6%
        2016$2,594 $76,080 +5.9%
        2014$2,594 $71,840
        2013-- $71,840
        2012-- $71,840 -18.5%
        2011-- $88,120
        2010$2,804 -31%$88,120 -41.5%
        2009$4,066 -8.8%$150,600 0%
        2008$4,458 -0.9%$150,640
        2007$4,498 $150,640
        2006$4,498 +15.7%$150,640
        2005$3,888 -0.5%$150,640 +9.5%
        2004$3,905 +16%$137,600 +14.3%
        2003$3,366 +16.7%$120,400
        2002$2,884 +23%$120,400 +7.1%
        2001$2,344 $112,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 30087

        Getting around

        26 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Princeton
        • Middle: Stephenson
        • High: Stephenson

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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