2 months on rocket

5501 Long Island Dr NW, Atlanta, GA, 30327

$7,500,000

11.16 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built2012
WaterfrontLake Front
ViewLake, Trees/Woods
MLS #7474469
Lot Size11.16 Acres
StatusActive

About 5501 Long Island Dr NW

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, this property offers the serenity of Blue Ridge Lake, blending luxury, seclusion, and natural beauty. Designed for those seeking both privacy and resort-style living, the estate invites you to enjoy lakeside activities such as fishing, canoeing, electric boating, or entertaining guests along the tranquil waterfront. Build your dream home or customize the existing 14,000+ square-foot residence, which presents a rare opportunity for renovation to match your vision of a bespoke luxury retreat. Whether enhancing the current structure or completely reimagining the space, the possibilities are limitless. The existing home offers a strong foundation for transformation, with sweeping lake views and spacious interiors that can be refined into a modern masterpiece. Envision luxurious upgrades, grand entertainment spaces, and serene outdoor living areas, all set against the backdrop of your private lake. Nestled amidst mature trees and a meandering creek, this estate ensures ultimate privacy, yet is just minutes from Buckhead and Chastain Park. This is a rare chance to craft a custom estate of timeless elegance in one of Sandy Springs’ most prestigious locations. Indulge in the finest lakeside living, where luxury, privacy, and nature converge to create your own private oasis.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2012

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (404) 876-4901
  • Listing Agent: Susan Protos

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake, Trees/Woods

Lot Features

Lot Information:

  • Lot: Cleared, Level, Private
  • Lot Size: 11.16 Acres

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

HOA Fees:

  • Amount: $3000
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Atlanta, GA.

Med. Sold Price

$421.3K

Med. Price/SqFt

$251

Avg. Days On Market

50

# of Sold Homes

942

5501 Long Island Dr NW vs Atlanta

76 DAYS ON ROCKET

+26 Days

$7,500,000

+$7.0M More

KEY TAKEAWAY

This property is $7.0M more than the Median Sold Price in Atlanta, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: First Multiple Listing Service
  • MLS Number: #7474469

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (404) 876-4901
  • Listing Agent: Susan Protos

IDX 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. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2025 First Multiple Listing Service, Inc.

IDX Provided by Rocket Homes Real Estate, LLC
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$37.7K

Per 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.

Nearby Schools

school-card-donut-494730
3
/10
  • Lake Forest Elementary School

  • 5920 Sandy Springs Cir

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-494731
5
/10
  • High Point Elementary School

  • 520 Greenland Rd

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-494732
9
/10
  • Heards Ferry Elementary School

  • 6151 Powers Ferry Rd

  • 1.91 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $177,083. The majority of Atlanta, GA residents have income $200k+ annually. The majority of families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Atlanta, GA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Atlanta, GA.

Atlanta's housing market is diverse, offering a mix of high-rise apartments, traditional single-family homes, and contemporary townhouses. The city's skyline is dotted with modern condominiums, while historic neighborhoods preserve Victorian and Craftsman bungalows. The housing landscape is predominantly composed of single-family homes, which make up a significant portion of the market. Apartments and townhouses are also available, particularly in more urbanized districts, catering to a range of preferences and lifestyles.

What is it like to live in Atlanta, GA?

Atlanta is celebrated for its vibrant culture and rich history, priding itself on being a hub of arts, entertainment, and innovation. The community's character is shaped by its numerous festivals, including the famous Atlanta Dogwood Festival and the Atlanta Jazz Festival, which reflect the city's diverse cultural tapestry and creative spirit. The area's green spaces, like Piedmont Park, contribute to the city's lively yet relaxed atmosphere.

Is it easy to get around Atlanta, GA without a car?

The community benefits from a robust educational system, with numerous public and private schools, higher education institutions, and specialized training centers. Healthcare services are comprehensive, with several major hospitals and clinics offering a range of medical care. The city's public library system is extensive, providing residents with access to a wealth of resources. Retail and dining experiences are abundant, showcasing everything from high-end boutiques to local eateries that offer a taste of the region's culinary diversity.

Transportation in Atlanta, GA.

Atlanta's transport infrastructure includes a network of highways, such as the I-285 perimeter and the I-75/I-85 connector, which facilitate commuting and regional travel. Public transit options are available, with a metro system and bus services providing connectivity across the city. The area's walkability varies, with pedestrian-friendly neighborhoods offering sidewalks and bike lanes. Recent initiatives aim to enhance transport efficiency and accessibility, reflecting the city's commitment to improving mobility for all residents.

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 land 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.

How much acreage is this property?

The property 5501 Long Island Dr NW is 11.16 acres.
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Rocket HomesGeorgiaFulton CountyAtlanta303275501 Long Island Dr NW

This home is located at 5501 Long Island Dr NW in Atlanta, GA and zip code 30327. This home, which was built in 2012, sits on a 11.16 acre lot. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $7,500,000.

In December 2024 more than 154 listings in Atlanta, GA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 516 were sold below. Between November 2024 and December 2024, Atlanta, GA real estate market has seen increase in the number of listings by 3.3%. The median list price of listings available in December 2024 was $421,381, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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