507 Cross Creek Pt, Stone Mountain, GA 30087
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Home 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*
- MLS #: 7588007F
- Address: 507 Cross Creek Pt
- City: Stone Mountain
- Zip: 30087
- County: Dekalb
- Subdivision: Dockside At Waters Edge
- Community Features: Boating,Clubhouse,Fishing,Fitness Center,Homeowners Assoc,Lake,Near Trails/Greenway,Park,Pickleball,Playground,Pool,Tennis Court(s)
- Square Feet: 5061
- Sq. Ft. Source: Appraiser
- Water Body Name: Other
- Dock : Dock
- Waterfront Features: Lake Front
- Water Source: Public
- Interior of Property: Bookcases,Crown Molding,Double Vanity,Entrance Foyer 2 Story,Vaulted Ceiling(s),Walk-In Closet(s)
- Rooms: Basement,Bathroom,Bedroom,Bonus Room,Loft,Master Bathroom,Master Bedroom,Other
- Flooring: Ceramic Tile,Hardwood,Other
- Kitchen Features: Breakfast Room,Cabinets White,Eat-in Kitchen,Kitchen Island,Pantry,Stone Counters,View to Family Room
- Kitchen Appliances: Dishwasher,Electric Cooktop,Microwave,Range Hood,Refrigerator
- Fireplace: Family Room,Great Room
- Number Fireplaces: 2
- Bedrooms: Master on Main
- Master Bath: Separate Tub/Shower,Vaulted Ceiling(s)
- Dinning Room: Separate Dining Room
- Laundry: Laundry Room,Sink
- Other Equipment: None
- Patio/Porch Features: Deck,Patio
- Security Features: Secured Garage/Parking
- Common Walls: No Common Walls
- Basement: Daylight,Exterior Entry,Finished,Finished Bath,Interior Entry,Walk-Out Access
- Parking: Attached,Driveway,Garage,Garage Faces Side,Kitchen Level
- Lot Dimensions: 45 X 146 X 135 X 63 X 130
- Lot Size Acres: 0.38
- Type: Single Family
- Style: European,Traditional
- Levels: Three Or More
- Property Condition: Fixer
- Listing Terms: Cash
- Road Type: Asphalt
- Cooling: Ceiling Fan(s),Central Air
- Heating: Central,Natural Gas
- Sewer: Public Sewer
- Green Energy Efficient: None
- Green Energy Generation: None
- Exterior of Property: Garden,Private Entrance,Private Yard
- Construction Materials: Lap Siding,Stone,Stucco
- Roof Type: Composition
- Other Structures: RV/Boat Storage,Storage,Workshop
- Fee Amount: $284 Quarterly
- Home Warranty: No
- : 404-541-3500
Neighborhood
The average asking price of a 6 bedroom Stone Mountain home in this zip code is
$458,817 (41.2% more than this home).
This home is priced at $64/sqft,
which is 98.4% less than similar homes
in the 30087 zip code.
Potential Great Value
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School Information
- Elementary:Princeton
- Middle School:Stephenson
- High School:Stephenson
Financial
- Approx Payment:$1,581*
- Taxes:$838
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(404) 823-4839 and speak with one of our real estate consultants.
Popular Homes
$540,757
$494,495
144
0.7%
46.5%
55
$504,874
$440,000
212
0.9%
40.6%
51
$306,912
$275,000
478
5.2%
51.9%
68
$488,074
$465,000
503
0.6%
40.8%
63
$488,267
$465,450
56
1.8%
46.4%
78
$361,255
$335,000
11
0.0%
45.5%
44
$621,133
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3
0.0%
66.7%
41
$442,111
$395,000
428
1.4%
47.7%
65
$505,766
$416,740
76
0.0%
39.5%
66
$504,532
$485,200
116
0.9%
38.8%
51
Listing Courtesy of Keller Williams Realty Intown ATL.
507 Cross Creek Pt, Stone Mountain GA is a single family home of 5061 sqft and
is currently priced at $325,000
.
This single family home has 6 bedrooms.
A comparable home for sale at 533 Riverbirch Trce in Stone Mountain is listed at $420,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Stone Mountain, GA.
Woods Of Southland, Landings and Forest Of Southland are nearby neighborhoods.
MLS 7588007F has been posted on this site since 6/4/2025 (today).
2025
6/26/2025