tomo logo

$2,500,000

Beds
5
Baths
5.5
sq ft
6,867

850 Owens Lake Rd, Alpharetta, GA 30004

850 Owens Lake Rd

Milton, GA 30004

  • 4 days on market
Located in Six Hills, one of the most sought-after and desirable neighborhoods in Milton, this luxurious home features a wraparound front porch and elegant stone and wood siding. The foyer is flanked by a handsome, moody study with a fireplace, to the right is a formal dining room with an adjacent dry bar. The formal living room boasts a coffered wood-lined ceiling, a beautiful herringbone brick fireplace, shiplap walls, and charming benches with floating shelves on either side of the fireplace. Three large picture windows open the entire room to the expansive view of the private backyard enveloped by mature trees and greenery.The completely renovated kitchen, includes all white Shaker-style cabinetry, and high-end antique brass hardware. The kitchen boasts brand-new, never used and extremely unique “retro-style” appliances. This includes two refrigerators, two dishwashers, and an eight-burner range with double ovens. Also featured are a built-in trash compactor, microwave, and two large farmhouse sinks, both with garbage disposals. A white quartz countertop covers the oversized island, which adds to the abundance of storage throughout the kitchen and walk-in pantry. Custom banquet seating with a farmhouse table completes the kitchen. The kitchen opens to a two-story keeping room with a floor-to-ceiling stacked stone wood-burning fireplace with built-ins on either side. Easy access to the rear deck offers an open-air space for grilling and al fresco dining. The space also includes a covered porch with a cathedral ceiling. Off the kitchen, you’ll find a mudroom with plenty of storage and a large laundry room with a farmhouse sink and high-end Samsung washer and dryer. Upstairs, the primary suite features a double tray ceiling, a large bedroom, plantation shutters, and a fireplace. This sanctuary also includes a separate sitting room with a river rock double-sided second fireplace and a morning bar. The primary en suite bathroom boasts a cathedral ceiling, separate vanities, a soaking bathtub on the other side of the double-sided fireplace, a large seamless glass shower with dual temperature controls, and two separate water closets. The primary suite includes two walk-in closets and an additional third bonus closet with custom built-ins. Three additional en suite bedrooms are located upstairs, along with a bonus room with built-in desks that is perfect for media, crafts, schoolwork or a second office. The living space continues on the terrace level, which includes large picture windows, highlighting the lush backyard greenery, a kitchenette/bar, a light-filled living room with exposed brick, a bedroom, a full bathroom, a gym, and a flex space room with a large walk-in closet. Additionally, there is a large unfinished space that has been used as a workshop. Undoubtedly one of the best features of the home, is the backyard where you will enjoy a saltwater pool with a tanning ledge, a spa with a waterfall, and a large pool deck with ample space for dining and entertaining. The backyard provides a very private setting to enjoy the abundance of mature trees, plants and flowers that surround the space. The home also includes a three-car garage and is located in a golf cart-friendly neighborhood (golf cart remains with the property) that also features a tennis court, a shared cottage and orchard. The home has been equipped with an upgraded security system with seven cameras that can be remotely accessed. Situated in the award-winning school district of Milton High School, this home is in the heart of Crabapple and minutes away from Downtown Alpharetta and Avalon shopping and dining.

Details

Property type

Single Family Residence

Est. home value

$1,923,197

Lot size

3.05 acres

Price per sq ft

$365

Year built

2005

Annual property taxes

$15,064

Monthly HOA fee

$87.5

Price History

06/26/2024
FMLS

FMLS #7405338

Listed
$2,500,000
+92.31%
11/23/2020
FMLS

FMLS #6677281

Sold
$1,300,000
-8.77%
04/24/2007
FMLS

FMLS #3429601

Sold
$1,425,000

Schools & Community

Elementary school: 

Crabapple Crossing

Middle school: 

Northwestern

High school: 

Milton - Fulton

Community features: 

Lake, Tennis Court(s)

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

Figure Lending

Loan start date

November 2021

Original loan amount

$150,000

Est. remaining balance

$75,195

Interest rate

2.88%

Loan type

New Conventional, 5 year

Seller

Jeffery Machat

Lender

Banksouth Mortgage

Loan start date

November 2020

Original loan amount

$1,040,000

Est. remaining balance

$957,462

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jeffery Joseph Machat

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?

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Status: Active

Tomo last checked: 06/30/2024 at 5:35 PM

Listing updated: 06/28/2024 at 8:16 PM

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

MLS: FMLS #7405338

FMLS logo

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