FEATURES:

Check out this 3 bed, 2.5 bath, 1,770 square foot single-family with an unfinished 744 square foot basement, sitting on close to half an acre at the end of a quiet cul de sac in Stone Mountain, GA — built in 1985 with a 2-car garage and a private backyard that just needs a cleanup to show really well.

The renovation scope here is well-defined and manageable: interior and exterior paint, flooring replacement, kitchen remodel, bathroom updates, a new roof, and HVAC. The roof is the biggest-ticket item, but it’s a known quantity — replace it, eliminate the minor leaks, and you’ve got a clean, fully updated home with nothing left to question on inspection. To maximize square footage and ARV, finishing the basement and utilizing the bathroom down there is key. The backyard overgrowth is purely cosmetic; clear it out and you’ve got a genuinely appealing outdoor space on a large lot with no HOA.

Stone Mountain continues to attract buyer interest as values in the broader DeKalb County corridor have held up, and updated homes on lots like this — private, cul de sac, no HOA — tend to move quickly and for top dollar. With comps in the $325K–$350K range and an acquisition price of $164,990, it’s hard to pass this one up.

COMPS: 

4820 Banner Elk Drive, Stone Mountain, GA 30083: Sold 05/2026 for $326k
—> Investor paid $174k. Fully renovated. 12 years older. 2,284 sqft including basement.

4745 Elam Forest Drive, Stone Mountain, GA 30083: Sold 008/2025 for $355k
—> Investor paid $235k. Fully renovated. On a double yellow. 2,219 sqft including basement.

4819 Elam Rd, Stone Mountain, GA 30083: Sold 08/2025 for $325k
—> Original condition. On a double yellow. 19 years older. 2,318 sqft including basement.

527 Rimrock Trail, Stone Mountain, GA 30083: Sold 05/2026 for $340k
—> Original condition. 21 years older. 1,792 sqft