5540 Lake Island Dr, Sandy Springs, GA 30327
OFF MARKET

5540 Lake Island Dr
Sandy Springs, GA 30327

  • 6 Beds
  • 9 Baths
  • 8,297 sqft (on 2.07 acres)
  • 6 Beds
  • 9 Baths
  • 8,297 sqft (on 2.07 acres)

$4,290,100

Trulia Estimate
as of Apr 26, 2024
Est. Refi. Payment $26,234/mo*

Homes for Sale Near 5540 Lake Island Dr

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 11, 2024
Back on the market after being extensively updated, the details of this high-quality, meticulously maintained, & custom-built Harrison Design home are even more spectacular. Private, completely gated & exceptionally landscaped with incredible living spaces, inside & out. Soaring ceilings,12 foot on the main, 10 on the upper & lower levels, sets the stage for this light, bright and comfortable home, which was designed with very forward thinking in mind. Main Level features an open concept gourmet Chefs Kitchen with top-of-the-line appliances and is open to large Family Room & Breakfast Area. Just a few steps away, a stone & slate Screened-in Porch overlooks the gorgeous backyard. A richly paneled Library, with custom walnut pocket doors, & an oversized Dining Room. One of two OwnerCOs Suites are on the Main, a special retreat just steps away from the activity. Upstairs, this OwnerCOs Suite is grand, with a separate study; the marble bath boasts dual vanities, water closets & custom-built closets as well as a steam shower & heated floors. Additional three En-suite bedrooms on the Upper Level, Laundry Room with custom cabinetry & 2 sets of machines. Bonus Room, en-suite as well, could be a 4th bedroom. Back Stairs to the Mud Room, & a quick exit. The fully finished basement boasts a large Rec Room, 1000+ bottle Wine Cellar, Home Gym with rubber flooring, Media Room & entertaining Kitchen for the great outdoors. Outside, the ultimate vacation. A large pebble tec pool, with sun ledge, hot tub and rock waterfall recirculating water back into the pool. Two shade covered areas & a Sport Court, a second grilling station, youCOre set to entertain. Parking is easy with two garages holding up to 7 cars. Garage apartment for any guests that just canCOt leave!

Home Highlights

Parking
Garage
Outdoor
Patio, Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 5540 Lake Island Dr

Interior Features

Interior Details
Basement: Finished Bath,Daylight,Interior Entry,Exterior Entry,Finished,FullNumber of Rooms: 2Types of Rooms: Dining Room, Kitchen
Beds & Baths
Number of Bedrooms: 6Main Level Bedrooms: 1Number of Bathrooms: 9Number of Bathrooms (full): 7Number of Bathrooms (half): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 8297 Square Feet
Appliances & Utilities
Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water AvailableAppliances: Gas Water Heater, Dryer, Washer, Dishwasher, Double Oven, Disposal, Indoor Grill, Microwave, RefrigeratorDishwasherDisposalDryerLaundry: Common Area,Upper LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Central,Hot WaterHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,Heat PumpHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 3Fireplace: Living Room, Other, Outside, Gas StarterHas a Fireplace
Gas & Electric
Electric: 220 Volts, GeneratorHas Electric on Property
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Hardwood, CarpetCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Hardwood, Carpet
View
No View
Security
Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community

Exterior Features

Exterior Home Features
Roof: SlatePatio / Porch: PatioFencing: Fenced, Back Yard, Front Yard, PrivacyVegetation: WoodedOther Structures: Garage(s), Guest HouseExterior: Garden, Gas GrillGarden
Parking & Garage
No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 7Parking: Garage Door Opener,Garage,Kitchen Level,Parking Pad,Side/Rear Entrance
Pool
Pool: In Ground, HeatedPool
Frontage
WaterfrontOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: None
Finished Area
Finished Area (above surface): 8297 Square Feet

Property Information

Year Built
Year Built: 2002
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: OtherArchitecture: Brick 4 Side,European,Traditional
Building
Construction Materials: Other, StoneNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Condition: ResaleParcel Number: 17 012200030020

Price & Status

Price
List Price: $4,249,000
Status Change & Dates
Off Market Date: Wed Jan 19 2022Possession Timing: Negotiable

Active Status

MLS Status: Sold

Location

Direction & Address
City: Sandy SpringsCommunity: Lake Island Estates
School Information
Elementary School: Heards FerryJr High / Middle School: RidgeviewHigh School: Riverwood

Building

Building Area
Building Area: 8297 Square Feet

Community

Community Features: Walk To Schools, Near Shopping

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 2.07 Acres

Offer

Listing Agreement Type: Exclusive Agency

Energy

Energy Efficiency Features: Doors

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 10012900

Additional Information

Walk To SchoolsNear Shopping
Last check for updates: about 9 hours ago
Listed by Amy P. Bubes, (404) 213-0987
HOME Real Estate, LLC
Bought with: Jason Cook, (404) 431-1384, Ansley RE|Christie's Int'l RE
Source: GAMLS, MLS#10012900

Price History for 5540 Lake Island Dr

DatePriceEventSource
02/17/2022$3,788,210Sold
GAMLS #10012900
01/26/2022$4,249,000PendingGAMLS #10012900
01/19/2022$4,249,000ContingentFMLS GA #6988119
01/12/2022$4,249,000Listed For SaleFMLS GA #6988119
12/20/2021$3,950,000ListingRemovedGAMLS #8997721
08/31/2021ListingRemovedFMLS GA #6871058
05/22/2021$3,950,000PriceChange
FMLS GA #6871058
04/19/2021$4,495,000Listed For SaleFMLS GA #6871058
07/31/2002$2,375,000Sold
N/A
12/18/2000$610,000Sold
N/A

Property Taxes and Assessment

Year2022
Tax$35,759
Assessment$4,343,200
Home facts updated by county records

Comparable Sales for 5540 Lake Island Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$3,595,000
06/26/23
6
9
8,500
0.49
Single-Family Home
$2,800,000
11/13/23
7
9
9,366
0.79
Single-Family Home
$2,688,000
05/31/23
6
7
8,021
0.38
Single-Family Home
$2,275,000
05/16/23
4
7
6,903
0.31
Single-Family Home
$1,299,900
05/11/23
6
7
7,906
0.11
Single-Family Home
$1,110,000
07/18/23
4
4
6,108
0.47
Single-Family Home
$2,100,000
09/13/23
4
6
5,849
0.63
Single-Family Home
$5,530,000
03/18/24
7
10
11,345
0.66
Single-Family Home
$2,700,000
06/12/23
6
8
8,462

Assigned Schools

These are the assigned schools for 5540 Lake Island Dr.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Sandy Springs

  • Pswearing
    "The speed of vehicles is an issue. 25 and few drive at that…. Even the school buses speed………………………….."
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  • Nfairc82
    "Beautiful tree lines streets and well maintained houses surrounding 2 golf courses and surrounded by the Chattahoochee River but close to major highways and shopping. "
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  • Trulia User
    "Very dog friendly good community a lot of work opportunities and well maintained facilities. Open spaces for businesses what more to ask for Sandy Springs FTW!!"
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  • Trulia User
    "There is good access to public transportation. Very close to major highways and major hospital systems. "
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  • Trulia User
    "It’s the only area in Georgia that I want to live. Houses are expensive but I’m saving up for my down payment "
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  • Trulia User
    "One of the Safest neighborhoods in the city of Atlanta. It is very family and pet friendly. It is safe to walk any hour of the day or night and most places are walking distance! Also great scenery and greenery"
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  • Em
    "there are a lot of dogs in the neighborhood and parks near by also big dogs and little dogs. there are some rules on dogs and cats. and all the dogs are so cute!!cure!!! The neighborhood is pleasant "
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  • Trulia User
    "Lots of places to walk your dog, but its just the woods so theres snakes and stuff...maybe trash. but its clean if you live in a nice area. people basically pick up after their dogs but only if you live in a house or nice condo. "
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  • Trulia User
    "I live here for last 7 years , it is pretty much near every thing Neighborhood also nice Public transport is good "
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  • Trulia User
    "Sandy Springs festival and local restaurants. Many safe dog friendly parks in the area. Great location to highways and shopping. "
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  • Trulia User
    "Great neighborhood that is family friendly, safe, and an easy commute throughout the city. I have never had difficulty or felt concerned"
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  • Trulia User
    "Great neighborhood, with multiple places to enjoy at any time of the day, very accesible public transportation."
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  • Trulia User
    "10 minutes, I have quick freeway access to the 285 and 400. Very convenient location to downtown Atlanta, and walking distance to downtown sandy springs"
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  • Trulia User
    "Beautiful sidewalks, parks and walking distance to movies , restaurants, grocery stores and a theater. Homes and yards are well maintained"
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  • Trulia User
    "It's good, used to be better. Now here are a lot of marijuana smokers. But the police is very responsive and solves the problem. "
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  • Trulia User
    "Great parks to have a wonderful time with family and friends, places to have fun, easy shopping and convenience "
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  • Trulia User
    "The area is very friendly. There are a lot of dog owners in the neighborhood and they appear to take good care of their dogs. "
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  • Lauren H.
    "The neighborhood is quiet and good for walking around. People pick up after their dogs and the dogs are almost always on leashes. If they are not, they are very well trained. There is not much road traffic other than the residents who reside in the neighborhood and people drive slowly so it is safe for the dogs if they get out. "
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  • Unspecified
    "I think it’s a great community to raise a family in. It’s very dog and pet friendly ......also very diverse."
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  • Burgundi A.
    "I've lived in this neighborhood for just over 2 years now. safe neighborhood, clean community, safe area, conveniently close to major highways. only downside is its congested and not many amenities close by. "
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  • Solange W.
    "They would love to walk their dogs here, as it is safe and many owners have dogs as well. It is beautiful wooded area. "
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  • Valjimenez07
    "Must have your own transportation. Near to restaurants, shops, and mall. Short distance to downtown Sandy Springs and about 20mins to downtown Atlanta."
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  • Symone M.
    "This neighborhood is extremely safe. The people are friendly and this area is great for newcomers who want to live in a suburban Atlanta area without living in the city "
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  • Suganyasamuel
    "Public Parks are available. Markets and other stores are available. Mid town is not far. Neighbor hood is friendly"
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  • Jt B.
    "The morning and evening Rush-hour drive usually requires patience due to the traffic.................................................."
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  • Alexis E.
    "Lived in this neighborhood for 2 years. The area is nice and surrounded by plenty grocery stores. Area is diverse."
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  • Jeremy.idlfe
    "Beautiful place to live with lots of outdoor space. Well maintained and lots of beautiful trees and plants "
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  • Gregbowens12
    "Bars, Restaurants, Nature, Parks, Rivers. Also the Malls & shopping centers. Concerts & Antique shops."
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  • Tarwanalowewest
    "No depreciation on homes that are purchased translates to better schools. It’s a metropolitan area that is well kept so it’s the best of both worlds. Metropolitan and Suburban "
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  • Jackieclenahan
    "Sandy Springs is a nice place to live and close to parks,great shopping and restaurants and all major highways. It’s a little pricey and traffic can make the roads seem congested. Overall a good choice for a move!"
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  • Cecilrogersjr
    "It's a good place to live and I enjoy the area and people are nice. the area is clean and crime is extremely low. "
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  • Christopher S.
    "Does not apply I don’t go out. However I’m sure there are many things to do that are family and community based"
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  • Trulia User
    "Feel very safe. I would recommend the area and the schools in Sandy Springs Beautiful homes and architecture. "
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  • N J.
    "Great location and great schools. Unfortunately we may consider leaving due to prices being too high."
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  • Thomasamartin
    "Friendly neighbors and beautiful trees. Quiet. Reasonably a crime free area. Homes well maintained. Lower taxes. "
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  • Unspecified
    "I love the convenience and the diversity of the community and no one really bothers you. Everything is a really close walk or drive away."
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  • Lexus L.
    "safely. molded. kids doesn't play where they should sad. car break in they need to do better over priced place"
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  • Ginginger
    "Very friendly neighborhood. We have community events and neighborhood get togethers. Most residents keep their homes and yards up. Very happy living in this neighborhood and love the location. There is a pool in the next neighborhood over that you can join if you are looking for a community pool."
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  • Kirstenkilpatrick
    "Movie nights and holiday gatherings at local municipal spaces. Our leasing office gives out treats for the kids walking home from school every Friday."
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  • Tarwanalowewest
    "Haven’t been to any in the 8 yrs I’ve lived here. I like that it very metropolitan. I’m from NJ so this area works for me. Looking for a home though so unfortunately I have to leave. Too pricey here..."
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LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 5540 Lake Island Dr

Off Market Homes Near 5540 Lake Island Dr

5540 Lake Island Dr, Sandy Springs, GA 30327 is a 6 bedroom, 9 bathroom, 8,297 sqft single-family home built in 2002. This property is not currently available for sale. 5540 Lake Island Dr was last sold on Feb 17, 2022 for $3,788,210 (11% lower than the asking price of $4,249,000). The current Trulia Estimate for 5540 Lake Island Dr is $4,290,100.