Hills/Waters Edge in Stone Mountain

Hills/Waters Edge
Homes for Sale in Stone Mountain, GA

All 179 homes for sale in Stone Mountain, GA · median $290,000 · 84 homes for sale in 30087

Community in Stone Mountain · DeKalb County · ZIP 30087
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Photo courtesy of Tiffney Riffle · via Georgia MLS

Built fromLive Georgia MLS data1 years of closingsUpdated twice daily

As of September 2026, Hills/Waters Edge in Stone Mountain, GA has 1 home for sale. As of September 2026, the MLS records 1 closed sale in Hills/Waters Edge in Stone Mountain, GA, the most recent in October 2025. Across Stone Mountain as a whole, 426 homes closed in the last 12 months at a median of $255,900, 50 median days on market, with 109 homes for sale today. At that median and DeKalb County's 2025 rate of 34.42 mills, annual property tax runs about $3,520.

Live · Hills/Waters Edge Housing Pulse Georgia MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
DeKalb: 18% (513 of 2,868)
1 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Hills/Waters Edge doesn't have an active enough footprint in the current GAMLS feed to generate the kind of pricing or pace data we'd normally lean on. That's not a red flag by itself — it just means the community isn't turning over listings right now, so anyone quoting a price range or days-on-market figure for this specific pocket is guessing rather than reading data.

What that means practically: pricing here has to be built the old-fashioned way, through a direct comparison of recent closed sales pulled at the time you're ready to act, not a snapshot number. If you're serious about this street, the move is a live pull of comparable closings in Stone Mountain and DeKalb County rather than relying on a stale median.

Hills/Waters Edge Housing Pulse · Momentum Research · as of September 20, 2026

Hills/Waters Edge right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Georgia MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 23, 2026 · Live data: Georgia MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Hills/Waters Edge sits in Stone Mountain, DeKalb County, and as of this snapshot the MLS feed shows no identified community amenities on file — worth confirming directly with a listing agent or HOA rather than assuming either way.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Willing to verify HOA and amenity status directly with the county or management company before writing an offer.
  • Comfortable pricing a home off freshly pulled comparable sales rather than a published community median.
  • Prioritizing a DeKalb County, Stone Mountain location over a documented amenity package.

Probably not for

  • Needing a clear published price range or days-on-market figure before beginning a search.
  • Requiring confirmed community amenities, such as a pool or clubhouse, as a condition of the purchase.
  • Preferring a community with a steady, visible flow of recent MLS activity to benchmark against.

The market around Hills/Waters Edge

Hills/Waters Edge is too small for its own price trend, so here is the market around it.

In ZIP 30087, 122 homes are on the market and 23% are under contract — a steady corner of Stone Mountain.

Across DeKalb County, 2,355 homes are active and 513 pending (18% under contract).

In ZIP 30087 (Stone Mountain), 222 homes closed in the last 12 months at a median of $382K ($155/sq ft), down 0.7% year over year, with a median 31 days on market. Right now 48 active and 15 pending listings put supply at about 5.3 months — a balanced market. See the live ZIP 30087 housing market.

ZIP and county figures describe the wider market, not Hills/Waters Edge specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Hills/Waters Edge

Live MLS inventory for Hills/Waters Edge. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Hills/Waters Edge listings as of 2026-09-22, priced high to low. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Tap any home to ask about it.

Schools

In short
  • DeKalb County School System
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Princeton · Elementary
  • Stephenson · Middle
  • Stephenson · High

District figures are official Georgia (GOSA) 2024-25 data. Zoned schools reflect the assignments reported on recent Hills/Waters Edge listings and can change; always confirm with the DeKalb County School System for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Hills/Waters Edge address.

If we were buying in Hills/Waters Edge today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Hills/Waters Edge.

Best Buy
Buying with a plan to verify amenities and comps directly rather than relying on a published community profile.
Biggest Risk
Thin current MLS activity means no reliable read on price trend or market pace without independent research.
Sweet Spot
Buyers comfortable doing their own diligence on HOA status and amenities before committing to an offer.
Avoid If
Avoid if you need a data-backed price range or documented amenity list before you'll consider a home.

What the quiet feed tells you

A community with no amenities identified in current MLS records usually means one of two things: either the subdivision genuinely doesn't carry shared recreational features, or the listings that exist simply haven't had that data field populated by the listing agents. Either way, the fix is the same — verify HOA documents, plat notes, or county records directly instead of assuming a pool, clubhouse, or gate exists based on the name alone.

Location-wise, Stone Mountain and DeKalb County put this address within reach of the broader metro Atlanta grid — a fact worth noting for commute planning, but not a substitute for walking the actual streets and confirming lot condition, road maintenance, and any active HOA structure before you write an offer.

The location and the amenities are priced into every listing in Hills/Waters Edge. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community's MLS footprint is this thin, the value we add isn't reciting stats — it's knowing which questions to ask on your behalf: pulling closed comps outside the standard feed, confirming HOA status directly with the county or a management company, and walking the property with you so you're not buying off a listing description alone.

Hills/Waters Edge in 15 seconds.

Best forBuying with a plan to verify amenities and comps directly rather than relying on a published community profile.
Biggest advantageLocation within Stone Mountain and DeKalb County, with pricing left to be established by fresh, direct comps.
Biggest riskThin current MLS activity means no reliable read on price trend or market pace without independent research.
Sweet spotBuyers comfortable doing their own diligence on HOA status and amenities before committing to an offer.
Avoid ifAvoid if you need a data-backed price range or documented amenity list before you'll consider a home.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Hills/Waters Edge homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Hills/Waters Edge.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Hills/Waters Edge sales matched to your home.

What is your Hills/Waters Edge home worth?

Get a no-obligation home value based on real comparable sales in Hills/Waters Edge, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Stone Mountain →

Real comps, not an automated estimate.
How much local inventory is already under contract

22% of homes for sale in ZIP 30087 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-23).

Frequently Asked Questions

Is Hills/Waters Edge a buyer's or seller's market right now?
As of September 20, 2026, Hills/Waters Edge leans toward buyers: 12.0 months of supply at the current sales pace (Georgia MLS live counts).
Who is the best real estate agent for Hills/Waters Edge?
The best agent for Hills/Waters Edge is one who actively works Stone Mountain and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Hills/Waters Edge.
How do I find a top Stone Mountain real estate agent who knows Hills/Waters Edge?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Hills/Waters Edge and the wider Stone Mountain area.
Can Momentum Realty connect me with an agent for Hills/Waters Edge?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Hills/Waters Edge purchase or sale - no call center and no pressure.
Where is Hills/Waters Edge, and what county is it in?
Hills/Waters Edge is in Stone Mountain, DeKalb County, GA, ZIP 30087.
Willing to verify HOA and amenity status directly with the county or management company before writing an offer.Excellent fit
Comfortable pricing a home off freshly pulled comparable sales rather than a published community median.Excellent fit
Prioritizing a DeKalb County, Stone Mountain location over a documented amenity package.Excellent fit
Needing a clear published price range or days-on-market figure before beginning a search.Probably not
Requiring confirmed community amenities, such as a pool or clubhouse, as a condition of the purchase.Probably not
Preferring a community with a steady, visible flow of recent MLS activity to benchmark against.Probably not

Data sources & freshness

Live listingsGeorgia MLS, refreshed twice daily (last: September 22, 2026)
Under-contract sharesGeorgia MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2025 (1 transactions analyzed)

Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.

Momentum Research figures are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum will price yours against live local comps — a real number, not an algorithm’s guess.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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Nearby Communities

Explore more neighborhoods near Hills/Waters Edge with Momentum Realty’s local guides.

THThe Hills Of Waters Edge0.1 mi awayFCForest Cove At Waters Edge0.1 mi awaySWStonebridge Woods0.3 mi away · median $238K, 6 sales/12 moHPHarbor Pointe At Waters Edge0.3 mi away · median $419K, 3 sales/12 moLOLakes Of Kilkenny0.7 mi away · median $230K, 5 sales/12 moFHFair Harbor0.8 mi away · 1 for saleAMAsbury Manor0.8 mi awayMHMeadow Hills (Gwinnett)0.8 mi away · median $289K, 4 sales/12 mo

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