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$699,500
424 Water Fall Lane, Stone Mountain, GA 30087Listing ID 7803403

424 Water Fall Lane, Stone Mountain, GA 30087

Active
Waters Edge
Time on site: 32 daysLast updated: 2 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
7
Bathrooms
Bathrooms
6
Square Feet
Square Feet
6,136
Acres
Acres
0.42
Days on Site
Days on Site
29
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Central
Year Built
Year Built
1998
Garages
Garages
2
Parking
Parking
Garage, Driveway, Level Driveway

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.

Property Information

Property Details

Location

Address
424 Water Fall Lane
County
Dekalb - GA
City
Stone Mountain
Zip Code
30087
Subdivision
Waters Edge
High School
Stephenson
Elementary School
Princeton
Virtual Properties Realty.com, (770) 495-5050

Interior Features

Beds and Baths

Bedrooms
7
Main Level Bedrooms
1
Full Bathrooms
5
Half Bathrooms
1
Bedroom Features
Double Master Bedroom, Master on Main, Oversized Master

Building

Building Information

Square Feet
6,136
Year Built
1998
Construction
Stucco
Foundation
See Remarks
Roof
Shingle, Composition
Condition
Updated/Remodeled

Property Taxes

Tax Annual Amount
$5,543
Tax Year
2025

Homeowner Association

HOA Fee
$284
HOA Fee Frequency
Quarterly

Market Report for 30087

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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