The present disclosure describes modular blocks configured to give the appearance of natural or cut stone. An aesthetic coating composition may be applied to one or more surfaces of a block having a low-density, such as an insulating concrete form (ICF), to form an modular block having the appearance of cut stone. The aesthetic coating composition includes a binder component, such as a cementitious binder made from white Portland cement, or a polymer binder such as an acrylic binder, an aggregate component, such as a limestone aggregate component, and optionally an adhesive component. The aggregate component includes a fine sand portion and a coarse sand portion that effectively enable the appearance of cut stone after finishing of the aesthetic coating surface via sanding, polishing, sandblasting, acid etching, acid finishing, or exposed aggregate finishing.