Description
A rare opportunity on the lake in the beautiful stone mountain community of waters edge! this expansive, over 5000 sq ft lakefront home, offers incredible potential for the right buyer. priced at $325,000, the property is being sold as-is and will require a full renovation, but the space, layout, and location are impressive. with an estimated $150-175k in renovation costs, the potential after repair value (arv) is ~$600k, based on the most recent sales of turn key lakefront homes in the community-an excellent opportunity to build equity with your investment! waters edge homeowners enjoy access to a 140 acre lake, clubhouse, tennis and pickleball courts, playgrounds, pools, fitness center, walking trails, and more-all within a picturesque, tree-lined setting. see the floor plan provided for a visual. the home features a great layout for families, entertaining or empty nesters, including a main-level owner's suite with a large bathroom and walk-in closet-ready for your vision to turn it into your own sanctuary! the main living level also includes a separate guest bedroom and bath, a spacious living room with soaring ceilings and natural light, separate dining room, and a centered kitchen with breakfast area overlooking a large fireside family room with lake views, open to a rear deck. the walk-out daylight basement features a large rec room, bedroom, full bath, and additional unfinished space, including a side boat garage, offering a multitude of options for storage or additional space needs! upstairs, the second level features three additional bedrooms, a full bath, and a bonus/flex space open to below. you will also enjoy the convenience of a 2-car attached garage and mudroom leading to the kitchen. situated on a gently sloping, sunny lot leading to your dock, this lake front home provides serene and sparkling sunset views with direct access to the water. waters edge is located just minutes from stone mountain park, offering residents easy access to all the outdoor activities, amenities, events, and recreation this iconic park has to offer, along with convenient access to shopping, dining and retail in the stone mountain area. note: this property will require cash or a renovation loan. we can connect you with reliable professionals and local lenders who can help make your dream home a reality with various renovation financing options. don't miss this chance to live on the lake in one of stone mountain's most desirable communities! *no blind offers* offer deadline: monday, june 9th @ 5:00 pm est*
Property Type
ResidentialSubdivision
Waters EdgeCounty
DeKalbStyle
HouseAD ID
50054055
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 6
- Bedrooms On Upper Level: 3
- Bedrooms On Lower Level: 1
- Main Bedrooms: 2
- Room Type: Bonus Room,Family Room,Foyer,Laundry,Loft,Other
- Window Features: Skylight(s)
Bathroom Information
- Total Baths: 4
- Full Baths: 4
- Half Baths: 0
- Full Baths Main: 2
- Baths Full Lower: 1
- Baths Full Upper: 1
Water/Sewer
- Water Source: Public
- Water BodyName: OTHER
- Sewer: Public Sewer
Kitchen Information
- DiningRoom: Separate Room
Interior Features
- Bookcases,Double Vanity,High Ceilings,Master On Main Level,Pulldown Attic Stairs,Separate Shower,Vaulted Ceiling(s),Walk-In Closet(s)
Appliances
- Dishwasher,Microwave,Refrigerator,Stainless Steel Appliance(s)
Utilities
- Cable Available,Electricity Available,Natural Gas Available,Sewer Connected,Water Available
Cooling Features
- Ceiling Fan(s),Central Air
Heating Source
- Central,Natural Gas
Fireplace
- Number of Fireplaces: 2
- Fireplace Features: Family Room,Living Room
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Exterior Features
Building Information
- Built Year: 1988
- Roof Type: Composition
- Basement: Bath Finished,Boat Door,Concrete,Daylight,Exterior Entry,Finished,Full,Interior Entry,Unfinished
Exterior Features
- Dock,Garden
Laundry Features
- Upper Level
Patio And Porch
- Deck,Patio
Construction Materials
- Stone,Stucco,Wood Siding
Property Condition
- Fixer
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Property / Lot Details
Lot Information
- Lot Size (Acr): 0.38
- Land Lot: 29
- Lot Size Source: Public Records
- Lot Features: Cul-De-Sac,Private
Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Structure Type: House
- Subdivision: Waters Edge
- City: Stone Mountain
- State: GA
- Directions: From Rockbridge Road, North on N Deshong Road, Right into Waters Edge, Stay Right on Waters Edge Drive, to Right on Cross Creek Point.
- Property Status: Pending Offer Approval
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Listing Information
Listing Price Information
- Original List Price: $325,000
-
Taxes / Assessments
Tax Information
- Annual Tax: $838
- Tax Year: 2024
- Tax Block: D
- Tax Lot: 11
Home Warranty
- Home Warranty Paid: No
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 2
- Parking Features: Attached,Garage,Garage Door Opener,Kitchen Level,Off Street,Side/Rear Entrance
Homeowners Association Information
- Association: Yes
- Association Fee Includes: Management Fee,Swimming,Tennis
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School, Utilities & Location Details
School Information
- Elementary School: Princeton
- High School: Stephenson
- Middle School: Stephenson
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
BuyOwner last updated this listing 06/10/2025 @ 11:33
- MLS: 10535614
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Georgia MLS
is a Home, with 6 bedrooms which is recently sold, it has 5,061 sqft, 0 sized lot, and 2 parking. are nearby neighborhoods.