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6518 Gray Hawk Way, 
Stone Mountain, GA 30087

$289,000

2

Beds

2

Baths

1,702

Sq Ft

Single Family

Active

Listed by

Anand Patel

Keller Williams Rlty Atl Part

Last updated:

January 8, 2026, 11:45 AM

MLS#

10658448

Source:

METROMLS

About This Home

6518 Gray Hawk Way

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.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1975

Price Summary

289,000

$169 per Sq. Ft.

MLS #:

10658448

Last Updated:

January 8, 2026, 11:45 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,702 Sq. Ft.

Structure

Structure

Architectural Style:

Ranch

Building Area:

1,702 Sq. Ft.

Year Built:

1975

Lot

Lot Size (Sq. Ft):

18,730

Finances & Disclosures

Finances

Price:

$289,000

Price per Sq. Ft:

$169 per Sq. Ft.

MLS Logo
2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed January 8, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.