Active$360,000
3 bd2 ba1,695 SFSingle-family home
507 Castleaire Drive
Stone Mountain, GA 30087 · Royal Oaks · 251 days listed
FMLS #7721257 · Listing Provided By Compass · 404-668-6621
Active90 days listed
FMLS #7812456 · Listing Provided By EXP Realty, LLC. · 888-959-9461 · Listing agent Sarah Kahler

Location
883 Mountain View Drive, Stone Mountain GA 30083
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NEW CONSTRUCTION DEVELOPMENT OPPORTUNITY! This 2.71 Acres lot has been Approved for 9 Homes. Capitalize on one of Stone Mountain's most attractive development opportunities. This 2.71-acre site, comprising 875 & 883 Mountain View Drive, is located in the rapidly transforming Stone Mountain Terrace neighborhood and is approved for a nine-home community. With rezoning already completed from R-75 to R-60 and a Land Disturbance Permit already issued and paid for, a significant amount of time, cost, and pre-development work has this property ready to be completed. With development hurdles already accomplished, it allows you to accelerate construction and get homes to market faster. This offering includes a comprehensive development package featuring a full survey, recorded sewer easements, and three thoughtfully designed architectural floor plans, giving builders a true head start from acquisition to construction. With entitled, buildable land becoming increasingly scarce in the area, this is a rare opportunity to acquire a project where much of the pre-development work has already been completed. Bring your team, break ground faster, and deliver a premier residential community in one of Metro Atlanta's growing submarkets. Demand for new construction remains strong, with comparable homes within a two-mile radius consistently selling between $425,000 and $500,000. Future homeowners will enjoy the perfect balance of privacy and convenience, just minutes from Stone Mountain Village, Stone Mountain Park, and major retailers including Publix, Walmart, and The Home Depot. Nearby elementary and middle schools further enhance the community's appeal. Costco is also coming soon to Stone Mountain.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
As reported in the listing. Verify with the school district.
Payment estimate
Prefilled with the list price of $360,000 and this week's average rate. Change anything to see your number.
$2,896/mo
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
Active$360,000
3 bd2 ba1,695 SFSingle-family home
Stone Mountain, GA 30087 · Royal Oaks · 251 days listed
FMLS #7721257 · Listing Provided By Compass · 404-668-6621
Active$360,000
4 bd3 ba2,450 SFSingle-family home
Stone Mountain, GA 30087 · Mountain Oaks · 120 days listed
FMLS #7796518 · Listing Provided By Duffy Realty of Atlanta · 678-318-3613
Active$360,000
4 bd3 ba2,200 SFSingle-family home
Stone Mountain, GA 30088 · Panola Manor · 28 days listed
FMLS #7846328 · Listing Provided By EXP Realty, LLC. · 888-959-9461
Active$359,900
5 bd3 ba2,166 SFSingle-family home
Stone Mountain, GA 30087 · Meadow Ridge · 39 days listed
FMLS #7825790 · Listing Provided By The Commission Luxury Group LLC · 678-853-5222
Active$359,500
4 bd4 ba3,444 SFSingle-family home
Stone Mountain, GA 30083 · Hickory Hills Estates · 55 days listed
FMLS #7831884 · Listing Provided By Chapman Hall Premier, REALTORS · 404-951-3178
Active$359,000
3 bd2 ba1,482 SFSingle-family home
Stone Mountain, GA 30088 · 133 days listed
FMLS #7789405 · Listing Provided By Coldwell Banker Realty · 404-874-2262
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
Send your question through the form on this page. Listing details come from FMLS and are provided by EXP Realty, LLC., so confirm them before making an offer.
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
See the similar homes section on this page, or browse all homes for sale in Stone Mountain, GA.
Beyond homes
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
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