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    • $7,995,000

    550 Blue Heron Way, Milton, GA 30004

    5beds
    18,533sqft
    : 
    $56,775/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2012
    2.21 Acres Lot
    $7,655,200 Zestimate®
    $431/sqft
    $33/mo HOA

    What's special

    Two-story fieldstone fireplaceFloating staircaseIntegrated steam showerBlacksmith-crafted lightingHand-forged ironworkBurnished european plasterHydronic radiant-heated floors
    Havenstone presents one of the most compelling opportunities in Atlanta luxury real estate. Now offered millions below the seller’s construction cost, this extraordinary estate could not be replicated today at anywhere near its current price. Set on a private peninsula overlooking King Lake, Milton’s largest and most prestigious private body of water, the residence is distinguished by exceptional scale, rare materials and craftsmanship seldom encountered in modern construction.The hand-chiseled Leuders limestone façade was sourced from a single Texas quarry and individually set by master artisans. Old-growth cedar beams from British Columbia unite the architecture inside and out, while hand-forged ironwork, sculptural bronze elements and a floating staircase introduce an artisanal quality throughout. Rare Andean walnut doors, wide-plank American walnut floors, reclaimed 19th-century French terracotta and burnished European plaster give the interiors a richness and authenticity that could only be achieved through years of meticulous work. At the center of the home, the dramatic great room is framed by soaring cedar beams and a two-story fieldstone fireplace. The chef’s kitchen pairs character-grade walnut cabinetry with a hand-hammered copper hood, ILVE Majestic range, dual Bosch dishwashers and an Italian wood-burning pizza oven set within reclaimed timber. Hand-forged copper sinks, blacksmith-crafted lighting and custom bronze hardware reinforce the singular attention to detail. The primary suite offers a private garden entrance, riverstone fireplace and spa bath with Picasso granite vanities, an integrated steam shower and a Kohler Aquatic massaging tub. A self-contained fourth-floor apartment with a full kitchen, private den, sleeping loft and elevator access provides exceptional accommodations for extended guests or multigenerational living. The structurally completed terrace level offers the next owner an opportunity to create a theater, bar, fitness center, wine cellar, safe room or additional living space. More than 6,000 square feet of outdoor living surrounds a remarkable resort environment. The multi-tiered aquatic complex includes a swim-up bar, underground grotto illuminated by phosphorescent stone, lazy river with a functional current, diving basin and natural hot springs-inspired spa. Cascading streams, koi ponds and extensive stonework blend organically into the landscape, while a private dock provides direct access to King Lake. Crestron whole-house automation, hydronic radiant-heated floors, commercial-grade fire suppression and an elevator bring sophisticated technology to the estate. Even the motor court is exceptional, paved with historic cobblestones reclaimed from 19th-century Erie Canal streets. Minutes from Alpharetta City Center, Avalon and championship golf, Havenstone is an irreplaceable legacy property offering privacy, recreation and architectural distinction on an extraordinary scale. Bitcoin friendly.
    15 days
    27,963
    489

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    CHASE MIZELL,

    Atlanta Fine Homes Sotheby's International 770-289-2780

    Source: FMLS GA,MLS#: 7821816MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 9
      • Full bathrooms: 5
      • 1/2 bathrooms: 4
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Basement, Bonus Room, Great Room, Library, Loft, Office, Workshop
      Primary bedroom
      • Features: Double Master Bedroom, In-Law Floorplan, Master on Main
      • Level: Double Master Bedroom, In-Law Floorplan, Master on Main
      Bedroom
      • Features: Double Master Bedroom, In-Law Floorplan, Master on Main
      Primary bathroom
      • Features: Bidet, Double Vanity, Separate Tub/Shower, Soaking Tub
      Dining room
      • Features: Separate Dining Room
      Kitchen
      • Features: Breakfast Bar, Breakfast Room, Cabinets Stain, Eat-in Kitchen, Keeping Room, Kitchen Island, Pantry Walk-In, Second Kitchen, Stone Counters, Wine Rack
      Heating
      • Natural Gas, Zoned
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer
      • Laundry: Main Level, Sink, Upper Level
      Features
      • Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Double Vanity, Elevator, Entrance Foyer 2 Story, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, Smart Home, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
      • Flooring: Hardwood, Stone
      • Windows: Double Pane Windows, Insulated Windows
      • Basement: Bath/Stubbed,Daylight,Exterior Entry,Full,Interior Entry,Walk-Out Access
      • Number of fireplaces: 9
      • Fireplace features: Gas Log, Gas Starter, Great Room, Keeping Room, Master Bedroom, Outside
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 18,533
      • Total interior livable area: 18,533 sqft
      • Finished area above ground: 18,533
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached, Driveway, Garage, Garage Faces Side, Kitchen Level
      • Garage spaces: 4
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: Three Or More
      • Patio & porch: Breezeway, Covered, Deck, Front Porch, Patio
      • Exterior features: Balcony, Gas Grill, Lighting, Private Yard, Rear Stairs, Dock
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Private, Salt Water, Waterfall
      • Has spa: Yes
      • Spa features: Private
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Lake, Pool, Trees/Woods
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Lake
      • Body of water: None
      Lot
      • Size: 2.21 Acres
      • Features: Back Yard, Front Yard, Landscaped, Private, Wooded
      Details
      • Additional structures: Garage(s), Guest House, Outdoor Kitchen
      • Parcel number: 22 471204590118
      • Other equipment: Air Purifier, Irrigation Equipment
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Stone, Stucco
      • Foundation: Concrete Perimeter
      • Roof: Shingle,Wood
      Condition
      • Resale
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Electric: Other
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
      Green energy
      • Energy efficient items: Appliances, HVAC, Thermostat
      • Energy generation: None

      Community & HOA

      Community
      • Features: Homeowners Assoc, Lake, Near Schools, Near Shopping, Near Trails/Greenway, Street Lights
      • Security: Closed Circuit Camera(s), Secured Garage/Parking, Security Lights, Security System Owned, Smoke Detector(s)
      • Subdivision: Lake At North Valley
      HOA
      • Has HOA: Yes
      • HOA fee: $400 annually
      Location
      • Region: Milton

      Financial & listing details

      • Price per square foot: $431/sqft
      • Tax assessed value: $3,621,100
      • Annual tax amount: $16,149
      • Date on market: 8/14/2026
      • Cumulative days on market: 668 days
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        $7,655,200

        $7.27M - $8.04M

        $5,486/mo

        Price history

        DateEventPrice
        8/14/2026Listed for sale$7,995,000-11.1%$431/sqft
        Source: FMLS GA #7821816 Report a problem
        8/12/2026Listing removed$8,995,000$485/sqft
        Source: FMLS GA #7670470 Report a problem
        10/23/2025Listed for sale$8,995,000-9.6%$485/sqft
        Source: FMLS GA #7670470 Report a problem
        10/22/2025Listing removed$9,950,000$537/sqft
        Source: FMLS GA #7570553 Report a problem
        4/30/2025Listed for sale$9,950,000$537/sqft
        Source: FMLS GA #7570553 Report a problem
        4/30/2025Listing removed$9,950,000$537/sqft
        Source: FMLS GA #7522393 Report a problem
        4/4/2025Price change$9,950,000-5.2%$537/sqft
        Source: FMLS GA #7522393 Report a problem
        2/20/2025Listed for sale$10,495,000-8.7%$566/sqft
        Source: FMLS GA #7522393 Report a problem
        1/27/2025Listing removed$11,499,500$620/sqft
        Source: FMLS GA #7439938 Report a problem
        10/3/2024Listed for sale$11,499,500+484.7%$620/sqft
        Source: FMLS GA #7439938 Report a problem
        1/24/2008Sold$1,966,600+1023.8%$106/sqft
        Source: Public Record Report a problem
        10/19/1995Sold$175,000$9/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,630 +15.4%$1,448,440 +130%
        2024$16,149 +2.7%$629,760
        2023$15,725 -3.3%$629,760
        2022$16,268 -3.8%$629,760 +3%
        2021$16,910 -0.8%$611,440 +1.2%
        2020$17,054 -21.4%$604,200 -11.2%
        2019$21,697 $680,320 +2.4%
        2018$21,697 $664,360 +4.6%
        2017$21,697 +1.8%$635,200
        2016$21,317 +0.6%$635,200
        2015$21,195 +11.1%$635,200
        2014$19,080 +3.1%$635,200
        2013$18,505 $635,200 +1174.5%
        2012-- $49,840
        2011-- $49,840 -4.7%
        2010$1,519 +3.6%$52,320
        2009$1,467 +63119%$52,320 -85.6%
        2008$2 -100%$362,160
        2007$9,958 $362,160
        2005-- $362,160 -13.8%
        2004$13,828 -2%$420,000
        2003$14,116 -3.7%$420,000
        2002$14,666 +39.2%$420,000 +48.7%
        2001$10,536 $282,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 30004

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Birmingham Falls
        • Middle: Hopewell
        • High: Cambridge

        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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