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$1,050,000
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Property Description
Listed below appraised value!! Lakefront Living on Over an Acre Near Trilith Studios! Beautifully updated 5BR/4.5BA home on a private lake lot in Fayetteville. Features include hardwood floors, soaring ceilings with 8-ft doors, and a primary suite on the main with spa-like bath and custom closet with quartz countertops. Spacious secondary bedrooms offer comfort and flexibility. Finished full terrace level includes an in-law suite with full kitchen, laundry, living space, and private access. New flooring upstairs and on terrace level. Enjoy serene lake views from the screened porch and expansive outdoor space ready for entertaining or relaxation. Plenty of storage and a prime location just minutes from Trilith Studios, dining, and shopping. Plus spectacular amenities neighborhood. A rare combination of space, updates, and versatile living!
Full Property Details
Full Property Details for 157 Waterlace Way
General
- Sold For: $1,050,000
- HOA FEE: $750
- Taxes: $8,173 (23)
- Status: Closed
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10790659
- Added to Site: 64 day(s) ago
Interior
- Rooms/Areas: Bonus Room, Family Room, Foyer, Laundry
- Interior Features: Double Vanity, High Ceilings, In-Law Floorplan, Master On Main Level, Pull-Down Attic Stairs, Separate Shower, Split Bedroom Plan, Tile Bath, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Log, Gas Starter, Family Room, Gas Log, Gas Starter
- Appliances: Convection Oven, Dishwasher, Gas Water Heater, Microwave, Oven/Range (Combo), Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 3
- Bedrooms Lower: 1
- Bedrooms-Up1: 3
- Bedrooms Main: 1
- Bedrooms-Dn1: 1
Other Rooms
- Kitchen: Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island, Second Kitchen, Solid-Surface Counters, Walk-In Pantry
- Laundry: Common Area, In Kitchen
Additional Information
- Shared Pool: Yes
- Tennis: Yes
Parking
- Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance, Storage
Location
- County: Fayette
- Driving Directions: From 54/74 take 54 towards Fayetteville. Turn right on Lester Road, turn right on Waterlace Way into Canoe Club Subdivision entrance. Continue on Waterlace way at the roundabout, home will be on your right.
School Information
- Elementary School: Cleveland
- Middle School: Bennetts Mill
- High School: Fayette
Community
- Assoc. Fees Include: Management Fee, Swimming, Tennis
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Dual, Electric, Zoned
- Heating Type: Central, Forced Air, Natural Gas, Zoned
Utilities
- Water/Sewer: Septic Tank
Structural Information
- Architectural Style: Traditional
- Construction Status: Resale
- Basement: Yes
- Basement Desc.: Finished Bath, Daylight, Exterior Entry, Finished, Full, Interior Entry
- Roof: Composition
- Stories/Levels: Three Or More
- Living Area: 5,639 Sq. Ft.
- Finished Total: 5,639 Sq. Ft.
- Finished Above Grnd: 3,941 Sq. Ft.
- Finished Below Grnd: 1,698 Sq. Ft.
- Unfin. Below Grnd: 324 Sq. Ft.
- Year Built: 2019
Lot Features
- Property View: Lake, Seasonal View
- Lot Size (Acres): 1.13
- Lot Size Range: 1.13
- Lot Size Source: Appraiser
- Lot Description: Private, Sloped
Water Features
- Water Front: Yes
- Water Front Name: Lake Edith
- Lake Front: Yes
Financial Considerations
- Association Fee: Yes
- Association Fee: $750
- Tax Amount: $8,173.07
- Tax Year: 23
Disclosures and Reports
- Lot Number: 7
Listing Courtesy of: BHHS Georgia Properties
Sold by Keller Williams Realty Atl. Partners
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Schools
Schools serving 157 Waterlace Way
School District:Fayette County School District
| Name | Grades | Distance |
|---|---|---|
Cleveland Elementary School, Fayetteville, GA 190 Lester Road, Fayetteville, GA 30215 | K-5 | 0.7 mi |
Bennett's Mill Middle School 210 Lester Road, Fayetteville, GA 30215 | 6-8 | 0.8 mi |
Fayette County High School 1 Tiger Trail, Fayetteville, GA 30214 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Waterlace Way
Date
Details
Price
Change
Source
8/10/2026
Sold
$1,050,000
-9.32%
MLS
6/22/2026
Listed
$1,157,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
157 Waterlace Way, Fayetteville, GA 30215 (MLS# 10790659) is a Single Family property that was sold at $1,050,000 on August 10, 2026. Want to learn more about 157 Waterlace Way? Do you have questions about finding other Single Family real estate for sale in Fayetteville? You can browse all Fayetteville real estate or contact a Coldwell Banker agent to request more information.

