The Hills of 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 Shakira Holloway, 1st Class Real Estate Lanier Group · via Georgia MLS
As of September 2026, the MLS records 4 closed sales in The Hills of Waters Edge in Stone Mountain, GA since 2024, the most recent in December 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.
Part of the Waters Edge master-planned community in Stone Mountain, GA — see all Waters Edge homes for sale (5 listings across 4 villages and sections in the MLS).
There is not enough active listing data on The Hills of Waters Edge right now to point to a price trend, a days-on-market pattern, or an inventory count with any confidence. That is itself useful information: this is a lower-volume corner of the DeKalb County market rather than a community turning over listings on a predictable cadence.
For a buyer or seller, that means the usual market-timing tools do not apply cleanly here. Pricing a listing or evaluating an offer has to lean on a direct comparison to what is actually on the market at the moment, plus a look at recently sold homes nearby, rather than on a community-wide statistical trend.
The 60-Second Overview
The Hills of Waters Edge sits in Stone Mountain, within DeKalb County, and current MLS activity has not surfaced a defined set of listed community amenities — which more often reflects thin current inventory than an absence of features on the ground.
Georgia MLS sales records identify 5 homes in The Hills of Waters Edge that have changed hands since 2024, built between 1988 and 1997 (median 1989), with a median living area of about 2,430 sq ft and a typical 3-bedroom, 3-bath layout; 100% are single-family homes. Source: Georgia MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community. Georgia has no statewide parcel roll comparable to Florida’s DOR file, so ownership and homestead shares are not shown.
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 The Hills of Waters Edge. Swipe to explore the community.
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The Hills of Waters Edge
The Hills of Waters Edge
The Hills of Waters EdgePhotos from Georgia MLS listings in The Hills of Waters Edge; content deemed reliable but not guaranteed.
Who The Hills of Waters Edge is best for.
Best for
- Willing to have a broker verify amenities and condition directly rather than pull them from a listing summary.
- Comfortable pricing a purchase or sale off nearby DeKalb County comparables rather than this community's own recent sales.
- Looking in Stone Mountain and open to a lower-visibility pocket of the market rather than a high-turnover subdivision.
Probably not for
- Needing a clear price trend or median before making a decision.
- Wanting a documented list of community amenities before touring.
- Expecting frequent comparable sales inside the same community to guide an offer.
The market around The Hills of Waters Edge
The Hills of 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 The Hills of Waters Edge specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in The Hills of Waters Edge, Stone Mountain
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Deemed reliable but not guaranteed.
Homes For Sale Right Now in The Hills of Waters Edge
Live MLS inventory for The Hills of 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 The Hills of 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.
Every Home for Sale in The Hills Of Waters Edge Right Now (1)
All 1 active and pending The Hills Of Waters Edge listings with a detail page, newest first, refreshed twice a day from the MLS.
- 595 Mountain Harbor · $324,500 · 3 bd / 2.5 ba · pending · listed Aug 5, 2026 · listed by HPMC Realty
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 The Hills of 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 The Hills of 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 The Hills of Waters Edge buying strategy.
If we were buying in The Hills of 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 The Hills of Waters Edge.
Reading a quiet MLS record
When a community shows little to no recent listing activity, the honest move is to say so rather than paper over it with borrowed numbers from a neighboring subdivision. That is the case with The Hills of Waters Edge at this snapshot: no amenities have been identified from current listings, and there is no price or pace data to report from this feed.
That does not mean the community is inactive or undesirable — it means the next listing here will need to be priced and marketed off a direct look at comparable DeKalb County properties rather than off this community's own recent sales history, because that history is not currently visible in the data.
The location and the amenities are priced into every listing in The Hills of Waters Edge. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with limited current MLS visibility, the value of a broker is in knowing how to build a fair price from the surrounding Stone Mountain and DeKalb County market rather than relying on a thin or absent trend line — and in being upfront when the data simply is not there yet.
The Hills of 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 The Hills of 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 The Hills of 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 The Hills of 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 The Hills of Waters Edge home worth?
Get a no-obligation home value based on real comparable sales in The Hills of 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 →
Should you buy in The Hills of 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 2024 (4 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 →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how The Hills of Waters Edge fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about The Hills of Waters Edge
Where is The Hills of Waters Edge?
The Hills of Waters Edge is a community in Stone Mountain, DeKalb County, Georgia, ZIP 30087.
Are there homes for sale in The Hills of Waters Edge right now?
Yes — 0 active and 1 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does The Hills of Waters Edge have an HOA or CDD?
No HOA is on record for The Hills of Waters Edge in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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