Viewing Listing MLS# 360271607

$6,895,000 | 7 beds | 6 full baths | 5 half baths | N/A sqft

$6,895,000 Increase +$280,000
5501 Long Island Drive
Atlanta, GA 30327
  • 7Beds
  • 6Full Baths
  • 5Half Baths
  • N/A SqFt
  • 2012Year Built
  • 11.16Acres
  • MLS# 360271607
  • Residential
  • Single Family Residence
  • Active

  • Approx Time on Market5 months, 24 days
  • AreaN/A
  • CountyFulton - GA
  • Subdivision Lake at Long Island

Overview

Private Gated Luxury Estate on 11+ Acres with Private Lake and Resort-Style LivingEscape to an unparalleled sanctuary with this one-of-a-kind gated estate on over 11 acres of pristine land in Sandy Springs. With breathtaking views of a private 7-acre lake from nearly every room, this estate brings the tranquility of Blue Ridge Lake to your doorstep, combining luxury, privacy, and natural beauty.Designed for those seeking both seclusion and resort-style living, this estate offers an impressive array of indoor and outdoor amenities. Enjoy lakeside activities such as fishing, canoeing, or electric boating, and entertain guests at the outdoor bar, Tiki Hut, fire pit, bocce court, and multiple gathering spaces. The serene pool, surrounded by expansive patios and covered dining areas, invites you to indulge in seamless indoor-outdoor living.The 14,000+ square-foot main residence offers panoramic lake views throughout. The great room features a 2-story stone fireplace and ample seating, perfect for intimate gatherings or large-scale entertaining. The gourmet kitchen, built for hosting, includes seating for 22, a 48"" Viking range, dual dishwashers, a stone island, and a walk-in pantry. The adjacent lakeside patio, seating 12, and the stone porch provide additional dining and entertainment spaces.The primary suite on the main level boasts floor-to-ceiling windows with stunning lake views, private sitting areas, a grand fireplace, and a spa-inspired bath complete with a jacuzzi tub, steam shower, and coffee bar. Additional features include a private laundry room, pool and gym access, and a custom walk-in closet. The main level also includes a wood-paneled library with a fireplace and bar, a wine cellar, and two powder rooms.Upstairs, four spacious guest suites offer comfort and privacy. The 1,100-square-foot guest apartment, with a private entrance, living room, and en-suite bedroom, is ideal for multi-generational living. Three additional en-suite guest rooms, a gym, sitting area, secondary laundry, and patio overlooking the pool complete the second floor. The third-floor bonus space, accessible by elevator, features a wet bar and can be used as a media room, playroom, or art studio, with another patio offering spectacular lake views.Additional highlights include a detached carriage house with a guest apartment above the garage, a climate-controlled wine cellar, and five garage spaces (three attached to the main house, two in the detached garage). The manicured grounds provide complete privacy, while being just minutes from Buckhead and Chastain Park.This rare opportunity offers lakeside living at its finest. Whether you desire a peaceful retreat or a stunning space to entertain, this estate is ready to become your private oasis. Dont miss your chance to own this exceptional property.



Association Fees / Info

Hoa:  Yes

Hoa Fees Frequency:  Annually

Hoa Fees:  3000

Community Features:  None

Bathroom Info

Main Bathroom Level:  1

Halfbaths:  5

Total Baths:  11.00

Fullbaths:  6

Room Bedroom Features:  Master on Main, Oversized Master, Sitting Room

Bedroom Info

Beds:  7

Building Info

Habitable Residence:  No

Business Info

Equipment:  Generator

Exterior Features

Fence:  Back Yard, Fenced

Patio and Porch:  Covered, Deck, Patio, Rooftop

Exterior Features:  Balcony, Garden, Gas Grill, Private Yard, Private Entrance

Road Surface Type:  Concrete

Pool Private:  No

County:  Fulton - GA

Acres:  11.16

Pool Desc:  Heated, In Ground

Fees / Restrictions

Financial

Original Price:  $7,500,000

Owner Financing:  No

Garage / Parking

Parking Features:  Attached, Garage, Garage Door Opener

Green / Env Info

Green Energy Generation:  None

Handicap

Accessibility Features:  None

Interior Features

Security Ftr:  Carbon Monoxide Detector(s), Fire Alarm, Security Gate

Fireplace Features:  Gas Log, Gas Starter, Great Room, Living Room, Master Bedroom

Levels:  Three Or More

Appliances:  Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Refrigerator, Self Cleaning Oven, Trash Compactor

Laundry Features:  Laundry Room, Main Level, Upper Level

Interior Features:  Bookcases, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Double Vanity, Elevator, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Walk-In Closet(s), Wet Bar

Flooring:  Carpet, Hardwood, Stone

Spa Features:  None

Lot Info

Lot Size Source:  Public Records

Lot Features:  Back Yard, Creek On Lot, Landscaped, Level, Private

Lot Size:  x 181x177x229x342x254

Misc

Property Attached:  No

Home Warranty:  No

Open House

Other

Other Structures:  None

Property Info

Construction Materials:  Shingle Siding, Stone

Year Built:  2,012

Property Condition:  Resale

Roof:  Composition

Property Type:  Residential Detached

Style:  Traditional

Rental Info

Land Lease:  No

Room Info

Kitchen Features:  Breakfast Bar, Breakfast Room, Cabinets Other, Cabinets Stain, Eat-in Kitchen, Pantry Walk-In, Stone Counters, View to Family Room

Room Master Bathroom Features:  Bidet,Double Vanity,Separate His/Hers,Separate Tub

Room Dining Room Features:  Seats 12+,Separate Dining Room

Special Features

Green Features:  Windows

Special Listing Conditions:  None

Special Circumstances:  None

Sqft Info

Building Area Total:  14000

Building Area Source:  Owner

Tax Info

Tax Amount Annual:  18862

Tax Year:  2,023

Tax Parcel Letter:  17-0122-0003-035-0

Unit Info

Utilities / Hvac

Cool System:  Ceiling Fan(s), Central Air

Electric:  220 Volts

Heating:  Central, Natural Gas

Utilities:  Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Sewer:  Public Sewer

Waterfront / Water

Water Body Name:  None

Water Source:  Public

Waterfront Features:  Lake Front

Directions

Mt Paran to Long Island Drive. Home will be on your Right. Near the intersection of Glen Errol and Long Island.

Listing Provided courtesy of Homesmart 

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Information was last updated: 09-21-2024 2:01 AM EST est.

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Price & Status History (on sharondoverrealestate.com since Wed, Mar 27th 2024)
  • Original Price: $7,500,000
  • Current Price: $6,895,000
  • Price Reduced: $605,000
Date ChangedFromTo
09/05/2024$6,615,000 $6,895,000 Increase by $280,000
08/18/2024$6,619,000 $6,615,000 Reduced by $4,000
08/08/2024$6,699,000 $6,619,000 Reduced by $80,000
07/17/2024$6,799,000 $6,699,000 Reduced by $100,000
07/11/2024$6,899,000 $6,799,000 Reduced by $100,000
07/01/2024$6,999,000 $6,899,000 Reduced by $100,000
06/13/2024$7,100,000 $6,999,000 Reduced by $101,000
06/06/2024$7,200,000 $7,100,000 Reduced by $100,000
05/31/2024$7,250,000 $7,200,000 Reduced by $50,000
05/19/2024$7,400,000 $7,250,000 Reduced by $150,000
05/08/2024$7,500,000 $7,400,000 Reduced by $100,000