The invention discloses stone imitation paint and a production method. The stone imitation paint comprises raw materials, namely polyurethane, a glass fiber, an acrylic resin liquid, an elastic resinliquid, white quartz sand, natural colorful sand, water, a composite coupling agent, a leveling agent, a defoaming agent and an anti-settling agent. The stone imitation paint disclosed by the invention is diverse in color, sufficient in attractiveness and good in imitation property, and a constructed surface has the third-dimensional property and the multi-color decoration attractiveness, and haswaterproof anti-cracking properties, water and alkali resistance, weather resistance, water scrubbing resistance, anti-fouling properties, alga resistance and chemical resistance. In addition, the stone imitation paint is good in stone texture, good in waterproof and cracking resistance, relatively long in weather-resistant service life, vivid in color, relatively good in anti-fouling property, relatively simple and convenient to construct, relatively applicable to heat-preservation base materials, low in manufacturing cost, rich in color and specification, simple and easy to construct and excellent in anti-cracking waterproof property.