6518 Gray Hawk Way, Stone Mountain, GA 30087
Local realty services provided by:CENTURY 21 The Avenues
6518 Gray Hawk Way,Stone Mountain, GA 30087
$289,000
- 2 Beds
- 2 Baths
- 1,702 sq. ft.
- Single family
- Active
Listed by: nil patel
Office: keller williams realty atl part
MLS#:7689754
Source:FIRSTMLS
Price summary
- Price:$289,000
- Price per sq. ft.:$169.8
About this home
AN OPPORTUNITY YOU DO NOT WANT TO MISS — MOTIVATED SELLER!
No HOA. No Rental Restrictions. High-Demand Area.
Welcome to 6518 Gray Hawk Way, a rare find in Stone Mountain offering versatility, instant equity potential, and endless possibilities for homeowners and investors alike. This property doesn’t need much in terms of updates or repairs, making it perfect for a savvy buyer using FHA or FHA 203k financing with a low down payment — or for an investor looking for a fast and profitable value-add opportunity.
Inside, the existing layout and generous square footage allow for an easy conversion to 4+ bedrooms and 4+ bathrooms within the current structure and basement. This means you can dramatically increase value immediately, whether you plan to fix & flip or hold as a high-demand long-term rental.
With NO HOA and NO RENTAL RESTRICTIONS, this property provides complete flexibility — a rare advantage in today’s market. The area is well-known for its strong rental activity, making this an excellent opportunity for investors seeking reliable cash flow.
Why Buyers Love This Home:
Minimal repairs needed
FHA & FHA 203k friendly
Easily expandable to 4+ beds & 4+ baths
Basement with great potential
No HOA / No rental restrictions
Strong rental-demand neighborhood
Motivated seller — submit your offer before it’s gone!
Strongly encouraged to come see the property in person — no blind offers. Homes with this much upside and flexibility do not last long. This is your chance to secure a property with immediate value and future growth in one of Stone Mountain’s most desirable pockets.
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Home facts
- Year built:1975
- Listing ID #:7689754
- Updated:December 17, 2025 at 12:46 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,702 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1975
- Building area:1,702 sq. ft.
- Lot area:0.43 Acres
Schools
- High school:Stephenson
- Middle school:Stephenson
- Elementary school:Wynbrooke
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$289,000
- Price per sq. ft.:$169.8
- Tax amount:$701 (2024)
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