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424 Water Fall Lane; Stone Mountain, GA 30087

$699,500

6,136 Sq Ft
7 Bedrooms
5 Bathrooms
1 Half Baths
Garage
7803403
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.
Key Facts
  • Style:
  • Year Built: 1998
  • Status: Active
Schools
  • Elementary School: Princeton
  • Middle School: Stephenson
  • High School: Stephenson
Bedrooms
  • Beds Total: 7
Bathrooms
  • Baths Full: 5
  • Baths Half: 1
  • Main Full Baths: 1
  • Master Bath Features: Double Vanity, Separate His/Hers, Soaking Tub, Whirlpool Tub

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Private & Public Schools Nearby

  • 2 / 5
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    Princeton Elementary School
    1301 S Deshon Rd; Lithonia, GA 30058
    Public PK-5th  |  847 students
    Metro Atlanta School Rank: 832nd
  • 1 / 5
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    Stephenson Middle School
    922 STEPHENSON ROAD; Stone Mountain, GA 30087
    Public 6th-8th  |  943 students
    Metro Atlanta School Rank: 460th
  • 1 / 5
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    Stephenson High School
    701 STEPHENSON ROAD; Stone Mountain, GA 30087
    Public 9th-12th  |  1,576 students
    Metro Atlanta School Rank: 317th

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Listing information last updated on August 24, 2026
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