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 Shingle Composition
Appliances Dishwasher Disposal Double Oven Electric Cooktop Electric Oven Electric Range Microwave
HOA Fee 284
Garage Spaces 2
Association Fee Includes Swim Tennis
Patio/Porch Features Patio Deck
Architectural Style Traditional
Pool Features None
Security Features None
Construction Materials Stucco
Year Built 1998
Electric Other
View Lake
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 18 029 01 165
Waterfront Features Lake Front
Community Features Clubhouse Lake Park Pool Tennis Court(s) Boating Near Schools Near Shopping Pickleball Playground
Accessibility None
HOA Fee 2 0
Assoc Fee Paid Per Quarterly
County Dekalb - GA
Property Type Residential
HOA true
Energy Efficient None
Subdivision Name Waters Edge
Green Energy Generation None
Other Structures None
Full Baths 5
Status Active
Directions 424 Water Fall Ln Stone Mountain GA 30087-6317 Dekalb County
High School Stephenson
City Stone Mountain
Body of Water Other
Spa Features None
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
Standard Status Active
Freehold IDX
Corporate Owner Agent Related to Seller
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InteriorInterior Amenities Double Vanity Entrance Foyer 2 Story His and Hers Closets Recessed Lighting Walk-In Closet(s)
Basement Daylight Exterior Entry Finished Finished Bath Full Interior Entry
Flooring Hardwood Luxury Vinyl Other
Total Fireplaces 2
Fireplace Features Family Room Master Bedroom
Common Walls No Common Walls
Window Features Double Pane Windows Bay Window(s)
Above Grade Finished Area 3780
Half Baths 1
Laundry Features In Basement Laundry Room Main Level Other
Total Bedrooms 7
Below Grade Finished Area 2356
Room Type Basement Bonus Room Exercise Room Game Room Laundry Kitchen Living Room Master Bathroom Office
Main Level Bedrooms 1
Main Level Bathrooms 1
Kitchen Features Breakfast Room Kitchen Island Pantry Walk-In Second Kitchen Stone Counters View to Family Room Solid Surface Counters
Total Baths 6
Primary Bathroom Features Double Vanity Separate His/Hers Soaking Tub Whirlpool Tub
Dining Room Features Separate Dining Room
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ExteriorExterior Amenities None
Fencing None
Parking Features Garage Driveway Level Driveway
Lot Features Back Yard Cleared Front Yard Lake On Lot Landscaped Level
Water Source Public
Total Parking 8
Foundation Details See Remarks
Building Area Total 6136
Lot Dimensions 251 x 113 x 174 x 79
Lot Size Acres 0.42
Road Surface Type Asphalt
Lot Size Source Public Records
Road Frontage Type Other
Other Equipment None
Horse Amenities None
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* Excluded FeaturesList ByVirtual Properties Realty.ComBroker
amerrealtyy@gmail.comEmail
Affordability 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 |