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6518 Gray Hawk Way
Stone Mountain, GA, 30087
$289,000
2 Beds
2 Baths
0 SqFt
0.43 Acres
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MLS #7689754 image #0
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 requires minimal updates or repairs, making it ideal for FHA or FHA 203k financing with a low down payment — or for an investor seeking a fast and profitable value-add opportunity.

The existing layout and generous square footage allow for easy expansion to 4+ bedrooms and 4+ bathrooms, including the potential to add an additional bedroom downstairs and utilize the basement for even more living space. This creates an excellent opportunity to significantly increase value whether you plan to fix & flip or hold as a high-demand long-term rental.

With NO HOA and NO RENTAL RESTRICTIONS, this property offers rare flexibility in today’s market. The area is well-known for strong rental demand, making this a standout investment opportunity.

Why Buyers Love This Home:

Minimal repairs needed
FHA & FHA 203k friendly
Potential to add a downstairs bedroom
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 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 long-term growth in one of Stone Mountain’s most desirable pockets.

Property Details

Price:
$289,000
MLS #:
7689754
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Raven Spgs
Listed Date:
Dec 16, 2025
Total Sq Ft:
1,702
Year Built:
1975
RanchRaven SpgsWynbrookeStephensonStephensonNone

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Schools

Elementary School:
Wynbrooke
Middle School:
Stephenson
High School:
Stephenson

Interior

Appliances
Electric Range, Gas Water Heater, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Fireplaces Total
1
Flooring
Ceramic Tile, Stone, Other
Heating
Central, Natural Gas
Laundry Features
In Basement

Exterior

Architectural Style
Ranch
Community Features
Fishing, Lake
Construction Materials
HardiPlank Type
Exterior Features
Private Entrance, Private Yard, Rain Gutters
Other Structures
None
Parking Features
Attached, Garage, Garage Faces Side
Roof
Shingle
Security Features
None

Financial

Tax Year
2024
Taxes
$701

Map

Community

Subdivisions in Stone Mountain

Market Summary

Current real estate data for Single Family in Stone Mountain as of Feb 05, 2026
339
Single Family Listed
104
Avg DOM
$319,109
Avg List Price

Property Summary

    Located in the Raven Spgs subdivision, 6518 Gray Hawk Way Stone Mountain GA is a Single Family for sale in Stone Mountain, GA, 30087. It is listed for $289,000 and features 2 beds, 2 baths, and has approximately 0 square feet of living space, and was originally constructed in 1975. The average listing price for Single Family in Stone Mountain is $319,109.

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6518 Gray Hawk Way
Stone Mountain, GA