Recently Listed Open House 7/12 1pm - 4pm
424 Water Fall Lane
Stone Mountain, GA, 30087 $ 699,500
Bedrooms7 Baths5.1 Sq 6,136 Monthly Estimate*
$ 4,417
for $699,500 with 7 bedrooms and 5 full baths, 1 half bath. This 6,136 square foot home was built in 1998 on a lot size of 0.42.
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.
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Open House
7/12/2026 1:00 PM - 4:00 PM
424 Water Fall Lane Stone Mountain, GA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available Electricity Available Natural Gas Available Water Available
Roof Composition
Appliances Dishwasher Disposal Double Oven Microwave Stainless Steel Appliance(s)
HOA Fee 1133
Association Fee Includes Tennis Swimming
Patio/Porch Features Patio Deck
Architectural Style Traditional
Construction Materials Stucco
Year Built 1998
View Lake
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Lake Privileges Lake
Community Features Clubhouse Lake Park Pool Tennis Court(s) Playground
Accessibility Other
County DeKalb
New Construction false
Property Type Residential
HOA true
Attached Garage false
Subdivision Name Waters Edge
Garage Y/N true
Other Structures Other
Full Baths 5
Status New
Directions 424 Water Fall Ln Stone Mountain GA 30087-6317 Dekalb County
High School Stephenson
City Stone Mountain
Body of Water Water'S Edge Lake
Lot Size Units Square Feet
Lot Size Square Feet 18295.2
Carport Y/N false
Elementary School Princeton
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 5543
Home Warranty Y/N false
Middle/Junior High School Stephenson
Property Condition Updated/Remodeled
Structure Type House
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorInterior Amenities Double Vanity Walk-In Closet(s) High Ceilings In-Law Floorplan Master On Main Level
Basement Daylight Exterior Entry Finished Full Interior Entry Bath Finished
Flooring Hardwood Other
Total Fireplaces 2
Fireplace Features Family Room Master Bedroom
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Bay Window(s)
Fireplace Y/N true
Above Grade Finished Area 3780
Half Baths 1
Laundry Features In Basement Other
Total Bedrooms 7
Below Grade Finished Area 2356
Main Level Bedrooms 1
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Kitchen Features Breakfast Room Kitchen Island Second Kitchen Walk-in Pantry Solid Surface Counters
Total Baths 6
Dining Room Features Separate Room
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ExteriorParking Features Garage
Lot Features Level Other
Water Source Public
Total Parking 8
Lot Size Area 18295.2
Building Area Total 6136
Lot Size Acres 0.42
Frontage Length Waterfront Footage: 79
Frontage Type Lakefront
Lot Size Source Public Records
Waterfront Y/N true
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,417
- Monthly Property Taxes
- $462
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Stone Mountain, GA
Average List Price $332,179
Percent of Sale Price 53%
About Stone Mountain, GA 6,039 Population
-4% Since 2002
$ 39,146 Median Income
35.51 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4135480 Elementary School
4136440 Middle School
Stephenson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/11/2026 | $699,500 | | Listed Price |