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
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Tiffney Riffle · via Georgia MLS
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.

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 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.
The setting & the homes.
Aerial and on-site photos of Hills/Waters Edge. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Georgia MLS listings in Hills/Waters Edge; content deemed reliable but not guaranteed.
Who Hills/Waters Edge is best for.
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
- 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.
Shop the zone: Homes zoned for Princeton Elementary School · Homes zoned for Stephenson Middle School · Homes zoned for Stephenson High School
The Hills/Waters Edge buying strategy.
If we were buying in Hills/Waters Edge today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
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.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Hills/Waters Edge buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hills/Waters Edge, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 →
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?
Who is the best real estate agent for Hills/Waters Edge?
How do I find a top Stone Mountain real estate agent who knows Hills/Waters Edge?
Can Momentum Realty connect me with an agent for Hills/Waters Edge?
Where is Hills/Waters Edge, and what county is it in?
Should you buy in Hills/Waters Edge?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 22, 2026) |
| Under-contract shares | Georgia MLS records, as of 2026-09-20 |
| Historical depth | Closed-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.
See how Hills/Waters Edge fits the bigger picture — live prices, inventory, and Momentum Scores:
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