First Time Visitor? Home Property Search Email Alerts Market Snapshot Finance Tools Contact FOR SALE $3,950,000 CALCULATE PAYMENT 5540 Lake Island Drive Sandy Springs, GA 30327 Single Family Residence 6 Beds 7 Baths + 2 HALF 2.07 Acre Lot Share 1of55 Map , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Courtesy: HOME Real Estate, LLC Description for 5540 Lake Island Drive Sandy Springs, GA 30327 GAMLS> Georgia> Sandy Springs> 30327 Substantial $500,000 price reduction on this beautifully maintained, move-in ready home! A calming retreat, as warm as it is inviting, this home is the perfect combination answering the new needs of a current lifestyle. Entertaining spaces, private areas and an absolutely stunning exterior, so much to enjoy; you will not want to leave. A Screened-in Porch introduces you the calming sounds of the waterfall and the gorgeous pool area. Extremely private and quiet, is the pool, with a sun ledge, and surrounding covered areas for those who prefer a bit of shade.On the lower level there's more space to spread out and enjoy in the Media Room, Gym, 1000+ wine cellar, and large entertaining area - an additional 3,000 sq ft that is not reflected in the tax records. An added bonus is the generator to keep the fun going! A completely gated property, guests are welcomed with a gracious front lawn and exquisite landscaping. Plenty of parking, with seven garages (two are tandem) and multiple parking areas. A unique property whether you are a small group, yet poised for large scale "Post CovidGÇ¥ entertaining. Top schools, ideal location, Sandy Springs taxes and convenient to 75, 285, and 400. (Garage bedroom and bath not reflected in bedroom/bath count or square footage of home.) Welcome HOME. Request A Showing Tuesday 30 Wednesday 1 Thursday 2 Friday 3 Nov Dec Ask a Question PARK TOWER REALTY HOME Real Estate, LLC 404-383-4663 Enter your question: I am interested in 5540 Lake Island Drive, Sandy Springs, GA 30327. Request Info This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. This Property Has 161 Views Mortgage Calculator Driving Directions Get Alerts Property Details MLS# 8997721 Property Type Single Family, Craftsman, Traditional, 2 Story Bedrooms 6 County Fulton Bathrooms 7 Full/2 Half Year Built 2000 Lot Size 2.07 Acres Water Public Stories 2 Construction Stone Sewer Public Sewer View More Price and Tax History for 5540 LAKE ISLAND DRIVE Price History Date Event Price Source 06/16/2021 Active $3,950,000 MLS Get Price Alerts Tax History year Property Taxes Change Tax Assessment Change 2020 $32,123 -0.37% $1,000,000 - 2019 $32,242 +1.30% $1,000,000 - 2018 $31,828 -2.82% $1,000,000 -29.43% 2017 $32,751 -0.02% $1,417,040 +44.85% 2016 $32,756 -0.35% $978,280 - Data sourced from public records, where available. Nearby Schools Public Schools Grades Distance Jackson Elementary School KG-05 2.86mi Sarah Smith Elementary School - Primary Campus KG-02 3.56mi North Atlanta High School 09-12 4.07mi Sutton Middle School 06-08 5.09mi Garden Hills Elementary School PK-05 5.24mi Brandon Elementary School KG-05 5.36mi E Rivers Elementary School PK-05 5.99mi Grady High School 09-12 8.77mi Inman Middle School 06-08 8.80mi B.e.s.t Academy At Benjamin S Carson 06-12 9.41mi Coretta Scott King Young Womens Leadership Academy 06-12 9.41mi John Lewis Invictus Academy 06-07 9.56mi Kipp West Atlanta Young Scholars Academy 05-08 9.93mi Booker T. Washington - Early College Small School 09-12 10.64mi King Middle School 06-08 11.55mi Private Schools Grades Distance Springmont School PK-08 0.46mi Holy Innocents Episcopal School PK-12 1.04mi The Schenck School KG-06 1.20mi Holy Spirit Preparatory School PK-12 2.26mi Pace Academy PK-12 4.07mi Data Provided by ATTOM Data Solutions Walk Score The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100 Walk Score 2 Transit Score 16 Bike Score 1 View More Data Provided by Walk Score® Area Statistics People Zip City County National Population 24,575 492,836 1,067,654 331,426,769 Population Density 1,463.7 3,613.3 2,027.3 93.8 People per Household 2.4 2.1 2.3 2.6 Median Age 46.1 36.2 37.2 39 Median Household Income $155,776 $63,313 $70,057 $61,963 Average Income $103,664 $48,908 $46,380 $33,235 Cost of Living Index 106 76 88 100 Environment Zip City County National January Avg. Low Temp 29.1 33.5 31.23 22.6 July Avg. High Temp 87.5 89.4 88.42 86.1 Annual Precipitation 52.22 52.22 52.22 38 Data Provided by ATTOM Data Solutions Market Trends Active Market Trends Median list price $699,000 Days On Market 56 Properties For Sale 105 Sold Market Trends Median sold price $450,000 Sales-List Price 99.7% Properties sold 215 Median Sq. Ft. Price $191 Arrows indicate 90 day trend Source: GAMLS: Georgia Metro Listing Service. Data Calculation by Constellation1. Mortgage Calculator My Rating 1 2 3 4 5 Enter listing notes My Drive Time Enter an address to view actual drive times with traffic from this property CALCULATE Nearby homes for sale $1,390,000 5655 Long Island Drive NW Atlanta, GA 30327 6 bd 4 ba Courtesy: Atlanta Communities $2,095,000 250 Burdette Road Atlanta, GA 30327 7 bd 7 ba 6,815 sq. ft Courtesy: BHHS Georgia Properties $3,800,000 5360 Lake Forrest Drive Sandy Springs, GA 30342 6 bd 8 ba Courtesy: Harry Norman Realtors GET ALERTS Next Sandy Springs Real Estate More information about Sandy Springs View other properties in Sandy Springs Nearby Communities Dunwoody, GA Chamblee, GA Brookhaven, GA Doraville, GA Vinings, GA Courtesy: HOME Real Estate, LLC This content last refreshed on 11/30/2021 6:41 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed. Home | Property Search | Email Alerts | Market Snapshot | Finance Tools | Contact | Work With Me | Buyer Info | Seller Info | Your Home's Value | Neighborhood Information | Real Estate Glossary Agent Login | Agent CRM Login Privacy Policy | Terms of Use Website designed by Constellation1, a division of Constellation Web Solutions, Inc.