968 Pine Ridge Dr., Stone Mountain, GA 30087
Photo 1 of 25
$240,000
Beds Baths Sq. Ft. Taxes Built
3 2.10 1,590 $2,803 1987
On the market: 11 days

Est. Monthly Payment:

$1,671($1,437 + $234 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
Stone Mountain Steal: 3 Bed, 2.5 Bath — No HOA, All Upside!! Think fixer-upper meets investment jackpot wrapped in a covered porch, backed by a deck, and sitting in a location that practically writes checks itself >> This classic two-story home is more than just a house; it’s an investment canvas waiting for the right touch where potential meets profit! From the moment you step onto the covered front porch, you can feel the charm woven into its bones. Inside, you’ll find a comfortable layout with a cozy living room complete with fireplace, a functional eat-in kitchen with pantry, and a split-bedroom design upstairs that offers privacy and balance. Outside, the spacious deck and level backyard invite endless possibilities, whether you envision entertaining guests, relaxing with family, or enhancing the property with features that boost long-term value. CARRIAGE POINT >> a quiet, established neighborhood with no HOA restrictions, no city taxes, and placement within the sought-after Stephenson school cluster. Investors and homeowners alike know what that means: fewer fees, more freedom, and built-in demand. INVESTORS >> Stone Mountain itself has transformed into one of the most intriguing investment plays in metro Atlanta. In July 2025, the median sale price in 30087 clocked in at about $346,000—down roughly 3.8% year over year—but over the last decade, the broader Stone Mountain area has still delivered nearly 200% appreciation (about 11.6% annually), reminding investors that long-term momentum is still in play. Population growth in the 30087 zip code is projected to rise by more than 9% by the end of 2025, and the region is on track to face a housing shortage of over 2,600 units by 2030. With traditional rental cap rates often landing in the 8-11% range and strong short-term rental potential, the math works just as well as the lifestyle. LIFESTYLE >> And that lifestyle is a huge part of the story. This home is not only minutes from Stone Mountain Park, a Georgia icon with trails, events, and year-round recreation, but also a stone’s throw from the Hidden Acres Nature Preserve, Arabia Mountain National Heritage Area, and both Mystery Valley Golf Club and Southland Golf & Country Club. HJIA is just over a half hour away, keeping you connected without the congestion. ROI >> This property is not about what it is today but what it can become tomorrow. You have a recipe for solid returns. The numbers confirm it. Prices are rising, supply is tightening, and long-term demand is undeniable. For the investor, this is a flip, a rental, or a hold that positions you to ride the upward curve of Stone Mountain’s market. For the homeowner, it is a chance to step into a community on the rise with the freedom to create exactly what you want without red tape. Carriage Point is not just a place to live. It is a strategic move in a market that rewards vision, boldness, and timing. OH THE POSSIBILITIES >> unlock the potential and play the long game. Or cash in sooner than you think. Either way, this Stone Mountain gem is ready for you!
Listing courtesy of Bill Jamison, Keller Williams Realty Peachtree Rd.