Skip main navigation
Sold for $5,250,000
  • $5,250,000

    5501 Long Island Dr NW, Sandy Springs, GA 30327

    7beds
    14,000sqft
    Single Family Residence
    Built in 2012
    -- sqft lot
    $5,242,700 Zestimate®
    $375/sqft
    $34,419 Estimated rent

    Home value

    $5,242,700

    $4.72M - $5.82M

    $34,419/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $34,419/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $34,419/mo

    Rent Zestimate®

    Refinance and save

    $25,958/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $25,958/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Serene poolArt studioPrivate lakeBreathtaking viewsPanoramic lake viewsManicured groundsFloor-to-ceiling windows
    Private Gated Luxury Estate on 11+ Acres with Private Lake and Resort-Style Living Escape 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. Don't miss your chance to own this exceptional property.

    Zillow last checked:

    Source: HomeSmart,MLS#: 7464713MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 11
    • Full bathrooms: 6
    • 1/2 bathrooms: 5
    Interior area
    • Total structure area: 14,000
    • Total interior livable area: 14,000 sqft

    Property

    Details
    • Parcel number: 17012200030350

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2012

    Community & HOA

    Community
    • Subdivision: Lake at Long Island
    Location
    • Region: Sandy Springs

    Financial & listing details

    • Price per square foot: $375/sqft
    • Tax assessed value: $2,292,400
    • Annual tax amount: $10,194
    • Date on market: 10/1/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    1/9/2025Sold$5,250,000-30%$375/sqft
    Source: Public Record Report a problem
    12/10/2024Listed for sale$7,500,000+23%$536/sqft
    Source: FMLS GA #7464713 Report a problem
    11/15/2024Listing removed$6,100,000$436/sqft
    Source: HomeSmart #7464713 Report a problem
    10/16/2024Price change$6,100,000-4.7%$436/sqft
    Source: FMLS GA #7464713 Report a problem
    10/1/2024Listed for sale$6,400,000+1.6%$457/sqft
    Source: FMLS GA #7464713 Report a problem
    10/1/2024Listing removed$6,300,000$450/sqft
    Source: HomeSmart #7360121 Report a problem
    9/23/2024Price change$6,300,000-8.6%$450/sqft
    Source: FMLS GA #7360121 Report a problem
    9/5/2024Price change$6,895,000+4.2%$493/sqft
    Source: FMLS GA #7360121 Report a problem
    8/18/2024Price change$6,615,000-0.1%$473/sqft
    Source: FMLS GA #7360121 Report a problem
    8/8/2024Price change$6,619,000-0.7%$473/sqft
    Source: FMLS GA #7360121 Report a problem
    7/30/2024Price change$6,669,000-0.4%$476/sqft
    Source: FMLS GA #7360121 Report a problem
    7/17/2024Price change$6,699,000-1.5%$479/sqft
    Source: FMLS GA #7360121 Report a problem
    7/11/2024Price change$6,799,000-1.4%$486/sqft
    Source: FMLS GA #7360121 Report a problem
    7/1/2024Price change$6,899,000-1.4%$493/sqft
    Source: FMLS GA #7360121 Report a problem
    6/13/2024Price change$6,999,000-1.4%$500/sqft
    Source: FMLS GA #7360121 Report a problem
    6/6/2024Price change$7,100,000-1.4%$507/sqft
    Source: FMLS GA #7360121 Report a problem
    5/31/2024Price change$7,200,000-0.7%$514/sqft
    Source: FMLS GA #7360121 Report a problem
    5/19/2024Price change$7,250,000-2%$518/sqft
    Source: FMLS GA #7360121 Report a problem
    5/8/2024Price change$7,400,000-1.3%$529/sqft
    Source: FMLS GA #7360121 Report a problem
    4/3/2024Listed for sale$7,500,000-6.2%$536/sqft
    Source: FMLS GA #7360121 Report a problem
    3/27/2024Listing removed$7,995,000$571/sqft
    Source: FMLS GA #7252078 Report a problem
    10/5/2023Price change$7,995,000-5.9%$571/sqft
    Source: FMLS GA #7252078 Report a problem
    7/28/2023Listed for sale$8,500,000$607/sqft
    Source: FMLS GA #7252078 Report a problem
    7/18/2023Listing removed$8,500,000$607/sqft
    Source: FMLS GA #7230114 Report a problem
    6/11/2023Listed for sale$8,500,000+655.6%$607/sqft
    Source: FMLS GA #7230114 Report a problem
    5/6/2005Sold$1,125,000$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,194 -49.2%$916,960 +40.9%
    2024$20,079 +6.5%$650,840 +6.7%
    2023$18,862 -0.4%$610,000
    2022$18,935 +9.6%$610,000 -17.8%
    2021$17,284 +16.2%$742,520 +40.9%
    2020$14,878 -8.9%$527,120
    2019$16,335 $527,120 -27.1%
    2018$16,335 $723,120 +45.9%
    2017$16,335 -2.8%$495,640
    2016$16,806 -45.2%$495,640 -45%
    2015$30,649 +60%$900,560
    2014$19,161 $900,560 +66.3%
    2013-- $541,520
    2012$18,403 $541,520
    2011-- $541,520
    2010$18,284 +613.7%$541,520
    2009$2,562 -89.9%$541,520 -19.3%
    2008$25,284 +13%$671,040
    2007$22,381 $671,040
    Find assessor info on the county website

    Neighborhood: 30327

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,242,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,242,700