281 Valley Lake Dr, Stone Mountain, GA, 30087
About This Home
Welcome home to this charming and well-maintained 2-bedroom, 1-bath residence offering comfort, functionality, and valuable updates throughout. Sitting on nearly one acre, this property provides a rare combination of space, privacy, and opportunity, with plenty of room to enjoy both indoor and outdoor living. Step inside to find a bright, inviting interior filled with natural light. The thoughtfully designed kitchen features ample cabinetry, stainless steel appliances, and plenty of workspace for everyday cooking and entertaining. The comfortable living area creates a warm atmosphere for relaxing or gathering with family and friends. In addition to the two generously sized bedrooms, a versatile bonus room offers endless possibilities as a home office, hobby room, guest space, or flex area to fit your lifestyle. Beautiful flooring flows throughout much of the home, adding to its welcoming appeal. Outside, you'll appreciate the expansive deck overlooking the generous yard-an ideal spot for morning coffee, outdoor dining, or weekend get-togethers. A storage shed provides convenient space for tools, lawn equipment, and seasonal storage. The property also includes two parking spaces for added convenience. Major updates offer peace of mind, including appliances all less than 10 years old. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this delightful property is full of potential and ready for its next owner. Schedule your showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1935
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Refrigerator
- Laundry features: Other
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Other
- Window features: Double Pane Windows
- Flooring: Hardwood,Tile
- Finished area below ground: 0
- Finished area above ground: 881
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 881
- Total interior livable area: 881 sqft
Kitchen
- Features: Solid Surface Counters
Property
Details
- Parcel number: 18 035 04 006
- Special condition: As Is
- Other equipment: Satellite Dish
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Has view: Yes
- View description: City
Lot
- Lot size: 0.88 Acres
- Features: Private
Parking
- Total spaces: 2
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $733 | $8,796 |
| Home Insurance * | $103 | $1,236 |
| Property Taxes | $112 | $1,344 |
| Electricity | $219 | $2,637 |
| Total | $1,167 | $14,004 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Price change | $145,000 |
| 2026-06-22 | Price change | $160,000 |
| 2026-06-04 | Listed for sale | $175,000 |
| 2025-06-27 | Listing removed | $224,900 |
| 2025-01-24 | Listed for sale | $224,900 |
| 2025-01-16 | Listing removed | $224,900 |
| 2024-10-14 | Price change | $224,900 |
| 2024-09-11 | Listing removed | $1,275 |
| 2024-07-16 | Listed for sale | $229,900 |
| 2024-05-24 | Price change | $1,275 |
| 2024-03-20 | Listed for rent | $1,375 |
| 2020-03-05 | Listing removed | $1,100 |
| 2019-10-11 | Listed for rent | $1,100 |
| 2018-03-09 | Listing removed | $1,000 |
| 2017-11-19 | Listed for rent | $1,000 |
| 2017-11-13 | Sold | $83,000 |
| 2017-10-16 | Pending sale | $84,900 |
| 2017-10-09 | Price change | $84,900 |
| 2017-09-30 | Listed for sale | $89,900 |
| 2017-08-30 | Sold | $48,050 |
| 2017-08-16 | Pending sale | $49,700 |
| 2017-08-08 | Listed for sale | $49,700 |
| 2016-08-23 | Sold | $27,500 |
| 2016-06-24 | Pending sale | $34,000 |
| 2016-06-22 | Listed for sale | $34,000 |
| 2016-06-15 | Pending sale | $34,000 |
| 2000-08-16 | Sold | $154,500 |
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