Skip main navigation
Active
  • Price cut: $150K (7/24)
    $3,550,000

    5505 Long Island Dr NW, Sandy Springs, GA 30327

    7beds
    9,000sqft
    : 
    $26,066/mo
    Get pre-qualified
    Single Family Residence
    Built in 2011
    2.06 Acres Lot
    $3,359,700 Zestimate®
    $394/sqft
    $250/mo HOA

    What's special

    Rare private lakefront estateOak hardwoods flow throughoutWinding stone walkwayLarge walk-in pantryWelcoming foyerThree additional ensuite bedroomsElegant dining room
    A Rare Private Lakefront Estate in Sandy Springs - Discover one of only five residences built on an exclusive 7-acre private lake - a gated, all-brick estate on 2 pristine acres, blending timeless architecture with resort-style living. Encompassing more than 9,000 square feet across three finished levels, this extraordinary property offers an unparalleled combination of elegance, privacy, and entertainment spaces. Outdoor Paradise - Step outside to resort-style amenities: a sparkling in-ground pool with spa, expansive pool deck with covered entertaining area, a deck and arbor overlooking the lake with stairs to a private platform - ideal for fishing, kayaking, or simply enjoying serene sunsets. Multiple verandas and screened porches frame breathtaking views of the pool and lake. Main Level Living - A winding stone walkway leads to a stately covered front porch with arched stained double doors. Inside, oak hardwoods flow throughout. The welcoming foyer opens to an elegant dining room, a formal living room, a two-story great room, and a chef's kitchen appointed with professional-grade SS appliances, pot filler, beverage cooler, warming drawer, and two sinks. A large walk-in pantry plus a separate prep kitchen with full gas range, hood, sink, and laundry hookup make entertaining effortless. Retreat to the richly paneled executive study featuring a coffered ceiling, fireplace, and two walls of built-ins. The primary suite on the main floor is a private sanctuary with a fireplace, a morning bar, spa-like bath with dual vanities, marble counters, pedestal tub, shower, his & hers water closets with bidets, and a designer wood-clad closet system. The second floor offers a junior master suite with a sitting area, oversized bath, and fitted closet, plus three additional ensuite bedrooms, one of which offers a much larger and thoughtful layout. A loft and a second laundry room add convenience. Elevator access connects all three levels. The finished terrace level rivals any resort: a home theater with terraced seating and high-end projection/sound, a billiards room with coffered ceiling, full bar, wine cellar & tasting room, fitness studio, steam room, and a large entertainment lounge that opens directly to the pool deck. A guest suite, full bath with swim-changing cubbies, completes the lower level. Just steps away, the separate pool/guest house offers flexible space with a living/sleeping area, kitchenette, and half bath - perfect for extended guests, au pair, or home office retreat. Located in the heart of Sandy Springs with easy access to Chastain Park and top-rated public and private schools, shopping, dining, and healthcare, this home truly represents luxury living and the life that you've been wanting. Come see what you've been missing!
    47 days
    |
    1,523
    |
    85
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mei Cheng 678-596-6001,

    BHHS Georgia Properties

    Source: GAMLS,MLS#: 10782480MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 9
      • Full bathrooms: 6
      • 1/2 bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Laundry
      Dining room
      • Features: Seats 12+
      Kitchen
      • Features: Second Kitchen, Breakfast Bar, Breakfast Room, Country Kitchen, Kitchen Island
      Heating
      • Central, Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Double Oven, Dishwasher, Dryer, Disposal, Refrigerator, Gas Water Heater, Washer
      • Laundry: Upper Level
      Features
      • Beamed Ceilings, Bookcases, Double Vanity
      • Flooring: Tile, Hardwood, Stone
      • Windows: Double Pane Windows
      • Basement: Full,Daylight,Finished,Interior Entry
      • Number of fireplaces: 4
      • Fireplace features: Family Room, Gas Log, Gas Starter, Living Room, Master Bedroom
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 9,000
      • Total interior livable area: 9,000 sqft
      • Finished area above ground: 5,900
      • Finished area below ground: 3,100

      Property

      Parking
      • Total spaces: 8
      • Parking features: Garage, Garage Door Opener, Kitchen Level
      • Has garage: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Deck, Patio, Screened
      • Has private pool: Yes
      • Pool features: Heated, In Ground
      • Fencing: Fenced
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 2.06 Acres
      • Features: Private
      Details
      • Additional structures: Pool House, Guest House
      • Parcel number: 17 012200030343

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2011

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Features: Lake
      • Security: Fire Sprinkler System, Smoke Detector(s), Gated Community
      • Subdivision: The Lake at Long Island
      HOA
      • Has HOA: Yes
      • Services included: Reserve Fund
      • HOA fee: $3,000 annually
      Location
      • Region: Sandy Springs

      Financial & listing details

      • Price per square foot: $394/sqft
      • Tax assessed value: $2,538,200
      • Annual tax amount: $31,321
      • Date on market: 6/9/2026
      • Cumulative days on market: 47 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        $3,359,700

        $3.19M - $3.53M

        $7,826/mo

        Price history

        DateEventPrice
        7/24/2026Price change$3,550,000-4.1%$394/sqft
        Source: FMLS GA #7785729 Report a problem
        6/10/2026Listed for sale$3,700,000-1.3%$411/sqft
        Source: GAMLS #10782480 Report a problem
        5/29/2026Listing removed$3,750,000$417/sqft
        Source: GAMLS #10611071 Report a problem
        5/8/2026Price change$3,750,000-1.1%$417/sqft
        Source: GAMLS #10611071 Report a problem
        4/9/2026Price change$3,790,000-0.3%$421/sqft
        Source: GAMLS #10611071 Report a problem
        9/20/2025Listed for sale$3,800,000+75.1%$422/sqft
        Source: FMLS GA #7652382 Report a problem
        5/10/2021Sold$2,170,000-7.7%$241/sqft
        Source: Public Record Report a problem
        1/14/2021Listing removed--
        Source: FMLS GA Report a problem
        1/1/2021Price change$2,349,999+2.2%$261/sqft
        Source: ATL Realty #6814102 Report a problem
        12/5/2020Listed for sale$2,299,999+1.1%$256/sqft
        Source: ATL Realty #6814102 Report a problem
        6/1/2020Listing removed$15,000$2/sqft
        Source: Chapman Hall Realtors #8729212 Report a problem
        4/15/2020Price change$15,000-9.1%$2/sqft
        Source: Chapman Hall Realtors #8729212 Report a problem
        3/18/2020Listed for rent$16,500$2/sqft
        Source: Chapman Hall Realtors #8729212 Report a problem
        2/12/2020Listing removed$16,500$2/sqft
        Source: Chapman Hall Realtors #6674911 Report a problem
        2/1/2020Listed for rent$16,500$2/sqft
        Source: Chapman Hall Realtors #6674911 Report a problem
        12/4/2019Price change$2,274,999-1.1%$253/sqft
        Source: Chapman Hall Realtors #6615616 Report a problem
        10/26/2019Price change$2,299,999-1.8%$256/sqft
        Source: Chapman Hall Realtors #6615616 Report a problem
        10/22/2019Price change$2,342,500-0.3%$260/sqft
        Source: Chapman Hall Realtors #6615616 Report a problem
        10/16/2019Listing removed$16,500$2/sqft
        Source: Chapman Hall Realtors #6631372 Report a problem
        10/13/2019Listed for rent$16,500$2/sqft
        Source: Chapman Hall Realtors #6631372 Report a problem
        10/8/2019Price change$2,349,999-1.1%$261/sqft
        Source: Chapman Hall Realtors #6615616 Report a problem
        10/2/2019Price change$2,374,999-1%$264/sqft
        Source: Chapman Hall Realtors #6615616 Report a problem
        9/16/2019Price change$2,399,999-2%$267/sqft
        Source: Chapman Hall Realtors #6615616 Report a problem
        8/27/2019Price change$2,450,000-1%$272/sqft
        Source: Chapman Hall Realtors #8633030 Report a problem
        8/8/2019Listed for sale$2,475,000-10%$275/sqft
        Source: Chapman Hall Realtors #8633030 Report a problem
        2/19/2016Sold$2,750,000-16.7%$306/sqft
        Source: Public Record Report a problem
        7/24/2007Sold$3,300,000$367/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,321 +8.9%$1,015,280 +8.9%
        2024$28,772 -0.2%$932,600
        2023$28,837 +7%$932,600 +7.4%
        2022$26,944 -3.4%$868,000 -0.9%
        2021$27,904 +12.9%$875,800
        2020$24,720 -5.1%$875,800 -25.5%
        2019$26,036 $1,175,080 +48.7%
        2018$26,036 $790,000
        2017$26,036 -2.8%$790,000 -28.2%
        2016$26,787 -18.4%$1,100,000 +14%
        2015$32,827 $964,560
        2014$32,827 -6.1%$964,560 -20.5%
        2013$34,944 +0.8%$1,214,000
        2012$34,651 $1,214,000
        2011-- $1,214,000
        2010$40,605 +4.2%$1,214,000
        2009$38,985 $1,214,000
        2008-- $1,214,000 +2.7%
        2007$39,429 $1,182,160
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30327

        Getting around

        5 / 100
        Car-Dependent
        17 / 100
        Minimal Transit
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Heards Ferry
        • Middle: Ridgeview
        • High: Riverwood

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes