424 Water Fall Lane, Stone Mountain — Vesta
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Stone Mountain · 30087 · Dekalb - GA County

424 Water Fall Lane

Active Single Family Residence Waters Edge
$699,500
0.42 ac · 7 bd · 5.5 ba · 6,136 sqft · Single Family Residence · MLS# 7803403
Annual tax · $5,543
About this property

A 7-bedroom, 5.5-bath single family residence in Stone Mountain.

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.

7Beds
5.5Baths
6,136Sq Ft
0.42 acLot

Property details

Property

Property TypeResidential
Sub TypeSingle Family Residence
StatusActive
Year Built1998
Lot Size0.42 acres
CountyDekalb - GA · GA
Annual Tax$5,543
HOA Fee$284/Quarterly

Interior

Bedrooms7
Bathrooms5.5 (5 Full, 1 Half)
Square Feet6,136
Garage2 spaces
SubdivisionWaters Edge
ZIP30087
Days on Market34

Schools

ElementaryPrinceton
MiddleStephenson
High SchoolStephenson

Contact

Vesta CG(678) 249-0839
Emailvesta@vcgrealty.com
LicenseKW Intown Atlanta
Listed by Virtual Properties Realty.com · Amir Amer

Where it sits

Mortgage estimate

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Frequently asked questions

How much does 424 Water Fall Lane cost?

424 Water Fall Lane is listed at $699,500 ($114/sqft).

How many bedrooms and bathrooms does this property have?

This property has 7 bedrooms and 5.5 bathrooms with 6,136 square feet of living space.

When was it built?

This property was built in 1998.

What schools serve this address?

Elementary: Princeton. Middle: Stephenson. High: Stephenson.

What is the lot size?

This property sits on 0.42 acres.

What are the property taxes?

Annual property taxes are approximately $5,543.

What are the HOA fees?

The HOA fee is $284 Quarterly.

How can I schedule a tour?

Use the form on this page, or contact Vesta Consulting Group at (678) 249-0839 or vesta@vcgrealty.com.

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Walk this property with Valerie

Want to walk this property?

If 424 Water Fall Lane feels like the one — or you want to compare it against two or three other Stone Mountain options — the next step is a private tour with Valerie. We'll meet you there.

Valerie Gonzalez · Buyer Specialist · Vesta Consulting Group

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MLS# 7803403 · Last updated 2026-08-15 22:07:10

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