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.
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
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$25,958/mo
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List your homeWhat's special
Serene poolArt studioPrivate lakeBreathtaking viewsPanoramic lake viewsManicured groundsFloor-to-ceiling windows
Zillow last checked:
Source: HomeSmart,MLS#: 7464713
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
| Date | Event | Price |
|---|---|---|
| 1/9/2025 | Sold | $5,250,000-30%$375/sqft |
Source: Public Record Report a problem | ||
| 12/10/2024 | Listed for sale | $7,500,000+23%$536/sqft |
Source: | ||
| 11/15/2024 | Listing removed | $6,100,000$436/sqft |
Source: | ||
| 10/16/2024 | Price change | $6,100,000-4.7%$436/sqft |
Source: | ||
| 10/1/2024 | Listed for sale | $6,400,000+1.6%$457/sqft |
Source: | ||
| 10/1/2024 | Listing removed | $6,300,000$450/sqft |
Source: | ||
| 9/23/2024 | Price change | $6,300,000-8.6%$450/sqft |
Source: | ||
| 9/5/2024 | Price change | $6,895,000+4.2%$493/sqft |
Source: | ||
| 8/18/2024 | Price change | $6,615,000-0.1%$473/sqft |
Source: | ||
| 8/8/2024 | Price change | $6,619,000-0.7%$473/sqft |
Source: | ||
| 7/30/2024 | Price change | $6,669,000-0.4%$476/sqft |
Source: | ||
| 7/17/2024 | Price change | $6,699,000-1.5%$479/sqft |
Source: | ||
| 7/11/2024 | Price change | $6,799,000-1.4%$486/sqft |
Source: | ||
| 7/1/2024 | Price change | $6,899,000-1.4%$493/sqft |
Source: | ||
| 6/13/2024 | Price change | $6,999,000-1.4%$500/sqft |
Source: | ||
| 6/6/2024 | Price change | $7,100,000-1.4%$507/sqft |
Source: | ||
| 5/31/2024 | Price change | $7,200,000-0.7%$514/sqft |
Source: | ||
| 5/19/2024 | Price change | $7,250,000-2%$518/sqft |
Source: | ||
| 5/8/2024 | Price change | $7,400,000-1.3%$529/sqft |
Source: | ||
| 4/3/2024 | Listed for sale | $7,500,000-6.2%$536/sqft |
Source: | ||
| 3/27/2024 | Listing removed | $7,995,000$571/sqft |
Source: | ||
| 10/5/2023 | Price change | $7,995,000-5.9%$571/sqft |
Source: | ||
| 7/28/2023 | Listed for sale | $8,500,000$607/sqft |
Source: | ||
| 7/18/2023 | Listing removed | $8,500,000$607/sqft |
Source: | ||
| 6/11/2023 | Listed for sale | $8,500,000+655.6%$607/sqft |
Source: | ||
| 5/6/2005 | Sold | $1,125,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 8/10Heards Ferry Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 8/10Ridgeview Charter SchoolGrades: 6-8Distance: 2 mi
- 8/10Riverwood International Charter SchoolGrades: 9-12Distance: 1.7 mi
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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
- Georgia
- Fulton County
- Sandy Springs
- 30327
- 5501 Long Island Dr NW