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  • $650,000

    550 S Rays Rd, Stone Mountain, GA 30083

    2beds
    1,200sqft
    Single Family Residence, Residential
    Built in 1965
    18.52 Acres Lot
    $650,400 Zestimate®
    $542/sqft
    $1,572 Estimated rent

    Home value

    $650,400

    $611,000 - $696,000

    $1,572/mo

    Zestimate® history
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    What's special

    On GPS use 548 S Rays Rd Stone Mountain GA 30083. Subject property's long paved driveway is to the right by the mailbox. Amazing opportunity about 15 to 20 minutes from Emory University. Just 1.5 miles east of I-285 highway in Stone Mountain! Two combined parcels with total of approximately 18+/-acres zoned for single family. Currently there are 2 residential properties and a detached 5-car garage on these two parcels. Cast your fishing line and catch some Bass in the private 3.5-acre lake! Ideal for a private estate development, homesteading or a small subdivision. Electric infrastructure, natural gas, public water and sewer connections are available. Previous plan for 40 single family development available upon request. BRING ALL OFFERS with PROOF OF FUNDS. Paved driveway is on S Rays Rd between Rue St Germain and Rue St Dominique. Price is for both parcels: 18-014-06-001 and 18-014-06-119. Combined Year 2025 annual property is $7762.76 (18-014-06-001 is $2748.76 and 18-014-06-119 is $5014)

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan Weng,

    Good Shepherd Realty, LLC. alan.weng@goodshepherdrealty.com

    Bought with:

    RO PREISINGER, 146386

    Coldwell Banker Realty

    Source: FMLS GA,MLS#: 7696656MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Other
    Primary bedroom
    • Features: Master on Main, Other
    • Level: Master on Main, Other
    Bedroom
    • Features: Master on Main, Other
    Primary bathroom
    • Features: Other
    Dining room
    • Features: Other
    Kitchen
    • Features: Other
    Heating
    • Other
    Cooling
    • Other
    Appliances
    • Included: Other
    • Laundry: Other
    Features
    • Other
    • Flooring: Other
    • Windows: Wood Frames
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft
    • Finished area above ground: 1,200

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached, Garage
    • Garage spaces: 5
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: None
    • Exterior features: Other, No Dock
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Lake, Trees/Woods
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Lake
    • Body of water: Other
    • Frontage length: Waterfrontage Length(770)
    Lot
    • Size: 18.52 Acres
    • Features: Private
    Details
    • Additional structures: Other
    • Parcel number: 18 014 06 001
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Other
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & HOA

    Community
    • Features: Lake
    • Security: Security Gate
    • Subdivision: Stone Mountain/None
    HOA
    • Has HOA: No
    Location
    • Region: Stone Mountain

    Financial & listing details

    • Price per square foot: $542/sqft
    • Tax assessed value: $132,700
    • Annual tax amount: $7,763
    • Date on market: 12/30/2025
    • Cumulative days on market: 31 days
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/13/2026Sold$650,000+0%$542/sqft
    Source: FMLS GA #7696656 Report a problem
    7/4/2026Pending sale$649,900$542/sqft
    Source: FMLS GA #7696656 Report a problem
    7/3/2026Listed for sale$649,900$542/sqft
    Source: FMLS GA #7696656 Report a problem
    2/6/2026Pending sale$649,900$542/sqft
    Source: GAMLS #10648821 Report a problem
    11/21/2025Listed for sale$649,900-18.8%$542/sqft
    Source: FMLS GA #7684410 Report a problem
    10/1/2025Listing removed$800,000$667/sqft
    Source: FMLS GA #7519228 Report a problem
    3/4/2025Price change$800,000-5.9%$667/sqft
    Source: FMLS GA #7519228 Report a problem
    2/22/2025Listed for sale$850,000$708/sqft
    Source: FMLS GA #7519228 Report a problem
    2/8/2025Listing removed$850,000$708/sqft
    Source: FMLS GA #7519228 Report a problem
    2/7/2025Listed for sale$850,000-2.9%$708/sqft
    Source: FMLS GA #7519228 Report a problem
    8/22/2024Listing removed$875,000$729/sqft
    Source: FMLS GA #7337450 Report a problem
    5/15/2024Price change$875,000-10.3%$729/sqft
    Source: FMLS GA #7337450 Report a problem
    2/15/2024Listed for sale$975,000-45.8%$813/sqft
    Source: FMLS GA #7337450 Report a problem
    8/1/2020Listing removed$1,800,000$1,500/sqft
    Source: Good Shepherd Realty, LLC #8725566 Report a problem
    1/22/2020Listed for sale$1,800,000+1061.3%$1,500/sqft
    Source: Good Shepherd Realty, LLC. #6669567 Report a problem
    2/2/2018Sold$155,000-61.2%$129/sqft
    Source: Public Record Report a problem
    3/29/2012Listing removed$399,900$333/sqft
    Source: ERA Towne Square Realty, Inc. #3041751 Report a problem
    2/16/2012Listed for sale$399,900+299.9%$333/sqft
    Source: ERA Towne Square Realty, Inc. #3041751 Report a problem
    9/29/2011Sold$100,001+1%$83/sqft
    Source: Public Record Report a problem
    8/19/2011Price change$99,000-47.9%$83/sqft
    Source: ERA TOWNE SQUARE REALTY INC #4204677 Report a problem
    7/23/2011Price change$189,900-9.5%$158/sqft
    Source: ERA TOWNE SQUARE REALTY INC #03041751 Report a problem
    7/2/2011Price change$209,900-47.5%$175/sqft
    Source: ERA TOWNE SQUARE REALTY INC #03041751 Report a problem
    6/9/2011Price change$399,900-2.5%$333/sqft
    Source: ERA TOWNE SQUARE REALTY INC #03041751 Report a problem
    5/25/2011Price change$410,000-2.4%$342/sqft
    Source: ERA TOWNE SQUARE REALTY INC #03041751 Report a problem
    4/3/2011Price change$419,900-29.4%$350/sqft
    Source: ERA TOWNE SQUARE REALTY INC #03041751 Report a problem
    2/12/2011Listed for sale$595,000+41.7%$496/sqft
    Source: Vflyer Report a problem
    9/4/2010Listing removed$419,900+2.4%$350/sqft
    Source: ERA TOWNE SQUARE REALTY, INC #02881731 Report a problem
    3/9/2010Sold$410,000+89.2%$342/sqft
    Source: Public Record Report a problem
    5/5/2005Sold$216,700$181/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,749 -15.5%$53,080 -18%
    2024$3,252 +7.9%$64,760 +6.9%
    2023$3,015 -60.6%$60,600 -63.8%
    2022$7,657 +83.7%$167,320 +90.5%
    2021$4,168 -2.7%$87,840 -3%
    2020$4,286 +48.6%$90,520 +54.5%
    2019$2,885 +31.9%$58,600 +45.5%
    2018$2,187 +6.8%$40,280 +2.4%
    2017$2,047 +7.2%$39,320 +8.9%
    2016$1,909 $36,120 +1.7%
    2014$1,909 $35,520 +196.1%
    2013-- $11,996 -70%
    2012-- $40,040 -50.4%
    2011-- $80,760 -50.8%
    2010$6,893 +5.2%$164,120 -10.4%
    2009$6,553 -12.7%$183,120
    2008$7,510 +4.8%$183,120 +5%
    2007$7,167 $174,400
    2006$7,167 +2%$174,400
    2005$7,024 +12%$174,400 +12.6%
    2004$6,270 +0.5%$154,920
    2003$6,237 +1.3%$154,920
    2002$6,158 +6.7%$154,920
    2001$5,772 $154,920
    Find assessor info on the county website

    Neighborhood: 30083

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Allgood - Dekalb
    • Middle: Freedom - Dekalb
    • High: Clarkston

    Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $650,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $650,400