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For Sale $325,000

MLS Number 10535614

6 Bedrooms
4 Bathrooms
0 Half Baths
Square Footage - 5,061 *estimated

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

From Rockbridge Road North on N Deshong Road Right into Waters Edge Stay Right on Waters Edge Drive to Right on Cross Creek Point

507 Cross Creek Point is a 5,061 (*estimated) square foot home with 6 bedrooms and 4 bathrooms located in Stone Mountain GA, DeKalb County. This property is listed for sale at $325,000 and is currently active and accepting offers.

listed by real estate agent sara lee parker and courtesy of keller williams realty

The Rains Team
call for more info
404-620-4571

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