FireplaceGas Log, Gas Starter, Great Room, Living Room, Master Bedroom
ViewLake, Trees/Woods
MLS #7360121
Lot Size11.16 Acres
StatusActive
About 5501 Long Island Dr NW
This one of a kind gated 11+ acre estate offers resort style living in Sandy Springs. Just outside the city and inside 285. Situated on a private 7 acre lake near Chastain Park & Buckhead, this incredible property is an entertainer's dream with fishing, canoeing, bocce court, lakefront bar, fit pit, several outdoor patios & cooking areas and pool. The 14,000+ square foot main residence features 3-story entry hall, elevator, large living room with stone fireplace, formal dining room, large gourmet kitchen with exceptionally large island, sitting & dining areas with great water views & access to covered lanai for grilling and outdoor dining. Main level master suite overlooking the lake has all the bells and whistles and private stairway to the gym. Five large guest suites on the second floor. Features include gym, wine cellar, guest apartment. Garage spaces for 5 cars/3 attached to the main house and 2 in a detached garage with guest apartment. There's a second in- law apartment in the main house.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 2012
Living Area: 14,000 SqFt
Listing Office:
Office Name: HomeSmart
Listing Agent: Susan Protos
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Double Oven, Gas Range, Gas Water Heater, Refrigerator, Self Cleaning Oven, Trash Compactor
Basement: No
Flooring Type: Carpet, Hardwood, Stone
Interior: 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
Fireplace: Gas Log, Gas Starter, Great Room, Living Room, Master Bedroom
Bedroom and Bathroom Information:
Partial Bathrooms: 5
Full Bathrooms: 6
Total Bedroom Count: 7
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Lake Front
View: Lake, Trees/Woods
Exterior: Balcony, Garden, Gas Grill, Private Yard, Private Entrance
Parking Information:
Garage Space: 5 spaces
Attached Garage: Yes
Parking: Attached, Garage, Garage Door Opener
Lot Features
Lot Information:
Lot: Back Yard, Landscaped, Level, Private
Lot Size: 11.16 Acres
Utilities
Utilities Information:
Heating: Central, Natural Gas
Cooling: Ceiling Fan(s), Central Air
School Info
Assigned Schools Information:
Riverwood International Charter School, Public Charter Grades 9-12
Ridgeview Middle School, Public Charter Grades 6-8
Heards Ferry Elementary, Public District Grades PK-5
Other
Directions Information:
Directions: Mt Paran to Long Island Drive. Home will be on your Right. Near the intersection of Glen Errol and Long Island.
Price Information
Listing Price Info
Price Summary:
List Price: $7,500,000
Price Per SqFt: $536/SqFt
HOA Fees:
Amount: $3000
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Atlanta, GA.
This property is $7.0M more than the Median Sold Price and $284/SqFt more than other homes in Atlanta, GA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7360121
Listing Office:
Office Name: HomeSmart
Listing Agent: Susan Protos
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$37.7K
Per Month
Principal & Interest
$37.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$250
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$22.5K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Heards Ferry Elementary
1050 Heards Ferry Rd NW
Distance between this listing and this school1.83 miles
Public District Grades PK-5
Middle School
4
/10
Ridgeview Middle School
5340 Trimble Rd NE
Distance between this listing and this school2.04 miles
Public Charter Grades 6-8
High School
6
/10
Riverwood International Charter School
5900 Raider Dr NW
Distance between this listing and this school1.53 miles
Public Charter Grades 9-12
Assigned Schools
8
/10
Heards Ferry Elementary
1050 Heards Ferry Rd NW
Distance between this listing and this school1.83 miles
Public District Grades PK-5
Nearby Schools
5
/10
Lake Forest Elementary
5920 Sandy Springs Circlene
Distance between this listing and this school1.23 miles
Public District Grades PK-5
6
/10
High Point Elementary
520 Greenland Rd NE
Distance between this listing and this school1.39 miles
Public District Grades PK-5
Assigned Schools
4
/10
Ridgeview Middle School
5340 Trimble Rd NE
Distance between this listing and this school2.04 miles
Public Charter Grades 6-8
Nearby Schools
7
/10
Dekalb Path Academy Charter School
3007 Hermance Dr NE
Distance between this listing and this school3.74 miles
Public Charter Grades 5-8
10
/10
Kittredge Magnet School
1663 E Nancy Creek Dr NE
Distance between this listing and this school4.33 miles
Public Magnet Grades 4-6
Assigned Schools
6
/10
Riverwood International Charter School
5900 Raider Dr NW
Distance between this listing and this school1.53 miles
Public Charter Grades 9-12
Nearby Schools
7
/10
North Atlanta High School
4111 Northside Pkwy NW
Distance between this listing and this school3.85 miles
Public District Grades 9-12
6
/10
North Springs High School
7447 Roswell Rd NE
Distance between this listing and this school4.16 miles
The neighbors living near this home have an average income of $177,083. Most Atlanta, GA residents have annual incomes $200k+. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5501 Long Island Dr NW
What is the listing price of this property?
The listing price of 5501 Long Island Dr NW property is $7,500,000.
What type of property is this?
The property 5501 Long Island Dr NW is a house located in Atlanta, Georgia, 30327.
Is this property for sale now?
Active Listing: 5501 Long Island Dr NW is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5501 Long Island Dr NW are: Heards Ferry Elementary: GreatSchools Rating 8/10Ridgeview Middle School: GreatSchools Rating 4/10Riverwood International Charter School: GreatSchools Rating 6/10
How many bedrooms and bathrooms does this property have?
The property at 5501 Long Island Dr NW has 7 bedrooms and 6 full and 5 half bathrooms.
What is the square footage of this property?
The property 5501 Long Island Dr NW is 14,000 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5501 Long Island Dr NW is 2012.
Interested in 5501 Long Island Dr NW? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5501 Long Island Dr NW in Atlanta, GA and zip code 30327. This 14,000 square foot home, which was built in 2012, sits on a 11.16 acre lot. Features: 7 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $7,500,000.
In March 2024, from all listings sold in Atlanta, GA there were more than 287 sold above asking price, over 540 sold below and more than 263 were sold right at the asked price. The number of listings in Atlanta, GA increased by 18% between February 2024 and March 2024. In March 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $419,716.
From Rocket Homes Real Estate and based on county public records data.