tomo logo

$11,499,500

Beds
5
Baths
7.0
sq ft
Unknown

550 Blue Heron Way, Alpharetta, GA 30004

550 Blue Heron Way

Milton, GA 30004

  • 80 days on market
With its resort-inspired pool paradise, wealth of authentic artisanal craftsmanship and private lake setting close to premier Milton schools, vibrant downtown areas & local amenities, this one-of-a-kind heritage property is a sanctuary for all the best things in life. Centrally situated on the largest private lake in Milton, with fishing and water recreation just beyond the back door, the location was carefully chosen before Milton’s rise to prominence in North Atlanta. The design concept, inspired by Old World aesthetics, tells a story through its geological accuracy of streams, Koi ponds and waterfalls and thoughtful integration of natural caves and rock formations. Crafted by a dream team of artisans with a “no limits” mindset and the creative freedom to produce their best work, Havenstone gives new meaning to the concept of custom-built. Nearly every inch of the home was made using unique materials and timeless Old-World techniques that, in many cases, could not be sourced today at any price. From custom copper and iron work throughout the entire home by a renowned blacksmith, to single-sourced rare Andean walnut doors and wide-planked hand-scraped walnut floors crafted to unique specifications, to old growth cedar beams from British Columbia and the one-of-a-kind granite slab gracing the main kitchen, each detail adds up to a timeless story of authentic beauty. The main house includes an owner’s suite on the main level, elevator access to all 4 floors, soaring ceilings and beautiful, vaulted ceiling outdoor living spaces overlooking the lake and pool. The main house also features a connected and fully appointed loft apartment (also with elevator access) complete with a separate kitchen & dining area, living room and loft bedroom perfect for multi-generational living. The terrace level completely opens to the outside with an enormous 16’x10’ NanaWall – creating an amazing indoor/outdoor space for entertaining. Terrace level is awaiting final, personal finishes with designated space for a bar, indoor gym, theater, in-law/guest suite, game, hearth and media room. A suspended walkway over the water features below, connects the main house to a separate guest retreat with private balcony overlooking the pool and lake. Highlights include a resort-style outdoor pool experience complete with a natural waterfall & diving rock, an internal grotto tube slide, a play slide, a shallow water lounge, a lazy river wrapping around an entertainer’s delight outdoor kitchen and a grilling area connected to an independently operated indoor pool cave with swim-up bar. The indoor pool cave is designed to have the option of being completely enclosed. A landscaped internal courtyard with a natural stream filling a 10-person hot spring completes this water paradise. The underwater surface is embedded with phosphorus glow rocks and the grotto cave with fossil imprints, creating a captivating setting for making memories that last a lifetime. Sought-after Milton location - less than 8 mile to top-rated schools (Birmingham Falls ES, Hopewell MS, Cambridge HS, Kings Ridge Christian School, Innovation Academy) as well as the bustling, upscale downtown areas - Alpharetta City Center, Avalon, Halcyon, Crabapple Market/Milton. More than just a home, 550 Blue Heron Way is a location-centric vacation lifestyle offering the perfect balance of privacy and community, luxury and nature. This is a rare opportunity to own a truly unique legacy property built with integrity and passion, designed for those who cherish craftsmanship and the finer things in life.

Details

Property type

Single Family Residence

Est. home value

$2,735,299

Lot size

2.21 acres

Price per sq ft

Unknown

Year built

2012

Annual property taxes

$15,725

Monthly HOA fee

$33.33

Price History

10/03/2024
FMLS

FMLS #7439938

Listed
$11,499,500
+484.74%
01/17/2008
FMLS

FMLS #3437861

Sold
$1,966,600

Schools & Community

Elementary school: 

Birmingham Falls

Middle school: 

Hopewell

High school: 

Cambridge

Community features: 

Fishing, Lake, Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fenix Holdings Llc

Loan start date

April 2011

Original loan amount

$9,000,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Stand Alone Second, 3 year

Seller

Brian Askew

Lender

Bank Of America Na

Loan start date

February 2011

Original loan amount

$1,938,700

Est. remaining balance

Not provided

Interest rate

4.38%

Loan type

Stand Alone Second, 30 year

Seller

Brian Askew

Lender

Bank Of America

Loan start date

January 2008

Original loan amount

$1,573,280

Est. remaining balance

Not provided

Interest rate

5.95%

Loan type

New Conventional, 30 year

Seller

Brian Askew

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 6:05 AM

Listing updated: 12/03/2024 at 6:40 AM

Listed by: Bonnie Smith, Atlanta Fine Homes Sotheby's International Phone #: (770) 442-7300

MLS: FMLS #7439938

FMLS logo

Recently listed in Milton

$2,050,000|7 bd|6.0 ba|House
$869,000|4 bd|3.5 ba|House
$2,550,000|6 bd|6.5 ba|House
$2,325,000|5 bd|5.5 ba|House
$1,395,000|6 bd|4.5 ba|House
$795,000|3 bd|2.5 ba|House
$1,855,000|6 bd|5.5 ba|House