See Home Value
Sandy Springs 30327
5400 Lake Forrest Drive
$5,237,184*
House - Off Market

5400 Lake Forrest Drive

Sandy Springs, GA 30342
bedrooms
6 Beds
bathrooms
10 Baths, 2 Half Baths
square feet
8340 Sqft
$4,496,000 - $5,494,000
Reference Base Price*
4.85%
Since Oct 1, 2022
GA-Atlanta
Primary Model
Sold Nov 01, 2022
$4,335,000
$3,000,000 by Everett Financial
Mortgage Due Oct 01, 2052
Sold Apr 19, 2018
$2,500,000
$2,000,000 by United Community Bank
Mortgage Due May 01, 2049

About This Property

Absolutely stunning like-new soft modern estate on 2 private acres near Chastain Park. Feel like you have escaped to the mountains as you wind along the private drive to be welcomed by a spectacular rock waterfall and ultra private entry with ample parking. Enter the home through custom steel double doors to an entertainers delight with an open floor plan featuring double volume light filled living space with wood burning fireplace, barrel vaulted wood plank ceiling and wet bar. Flow through the dining room seating 12+ to the open kitchen featuring marble waterfall island, dual dishwashers, professional gas range, 60" built in fridge/freezer, walk in pantry, and separate caterer's closet. Multiple glass doors open onto massive wraparound party deck with hewn cedar beam ceilings, built in grill/prep area, and incredible views of the surrounding property. Luxurious primary suite on the main level features sitting area with gas fireplace, automated window shades, gorgeous white marble bathroom with steam shower, and oversized custom closet featuring island and washer/dryer.  12'+ ceiling height throughout the main level, 10' high upstairs and terrace. 7" wide white oak wood floors throughout.  Upstairs you will find four large en suite bedrooms each with multiple closets for ample storage, a full laundry room, and bonus space.  The recently completed terrace level is an entertainer and fitness enthusiast's dream!  Terrace includes a family room with gas fireplace, game room, incredible glass front wine cellar, full bar, and 6th bedroom suite.  Not to be missed is the spectacular gym featuring a full suite of professional quality equipment, juice bar, additional washer/dryer, sauna, and two steam rooms that rivals any luxury health club.  Accessible from both main level and terrace is a fabulous infinity edge pool and large party cabana with an additional fireplace and outdoor full bathroom/changing room.  Should more space be desired, you will find another 900 sf of unfinished space over the three car garage for an au pair/in law suite or second home office.  Home features include Lutron lighting, Control 4 system, full envelope spray foam insulation, integrated speakers/ music server- no expense spared.  Built by Southern Gentry Homes, this estate home is completely turnkey for the most discriminating buyer who wants the ultimate Sandy Springs ITP location with convenience to Buckhead, the best public and private schools, and the Perimeter.

The manager has listed the unit size as 8340 square feet.
Unit Size
8,340Ft²
Days on Market
-
Land Size
2.02 acres
Price per sqft
$599
Property Type
House
Property Taxes
$3,083
HOA Dues
$1,200
Year Built
2018

Price History

Date / Event Date Event Price
Nov 1, 2022 Sold to Keith Demmings $4,335,000
Sold to Keith Demmings
Sep 5, 2022 No longer available -
No longer available
Aug 16, 2022 Relisted $4,995,000
Relisted
Aug 15, 2022 No longer available -
No longer available
May 17, 2022 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Bathroom Plumbing Fixtures: 34
  • Building Condition: Excellent
  • Building Quality: E
  • Building Style: Conventional
  • Exterior Walls Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,050
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,773
  • Total Building Area: 10,152
  • Building Area: 10,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 10,152
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURDETT
  • Land Acres: 2.015
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POOL 100%CLOSE PERMIT PER PICTOMETRY PU ATTICMAS GARAGE PU ATTIC1SM, PU OFP ADDED GRADE TO OBY 0221

Ownership

  • Current Owner : DEMMINGS KEITH
  • Previous Owner : MCLARTY HANK A
  • Owner Before Previous Owner: DONNER DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fulton County School District
  • Census Tract: 010212

Zoning

  • Zoning: RE1

Geography

  • District: 59
  • Parcel: 17 0121 LL0058
  • Block: C
  • Lot: 53
  • Municipality: CITY OF SANDY SPRINGS
  • Latitude: 33.9019
  • Longitude: -84.3883

    Address

  • Full Address: 5400 Lake Forrest Dr
  • Address - House Number: 5400
  • Address - Street Name: Lake Forrest
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Atlanta
  • Carrier Code: C026
  • 4-Digit Zip Code: 1920
  • Zip Code: 30342

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $37,724
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 59

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 1,028,914
  • High Value: 1,500,329
  • Low Value: 557,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL
  • First Open Lien Mortgage Recording Date: Nov 01, 2022
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $3,050,000
  • Market Land Value: $968,600
  • Market Improvement Value: $2,081,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,220,000
  • Assessed Land Value: $387,440
  • Assessed Improvements Value: $832,560

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Transaction ID: 11898642570
  • Current Sale Price: $4,335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-045248
  • Previous Sale Recording Date: Apr 19, 2018
  • Previous Sale Contract Date: Apr 19, 2018
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL
  • First Mortgage Transaction Date: Nov 01, 2022
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED COMMUNITY BANK
  • Previous Mortgage Transaction Date: Apr 19, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 372
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8 Baths
7,672 ft²
$564/ft²
$4,325,000 Feb 7, 2023
-
$654/mo
House
6 Beds
7.5 Baths
7,361 ft²
$597/ft²
$4,397,000 Feb 9, 2023
-
$931/mo

About Sandy Springs


Similar Homes for Sale

Unit for sale at 5060 Lake Forrest Drive, Atlanta, GA 30342

$4,397,000

  • 6 Beds
  • 7.5 Baths
  • 7,361 ft²
5060 Lake Forrest Drive, Atlanta, GA 30342 Listing by Bonnie Majher
Unit for sale at 5070 Lake Forrest Drive, Sandy Springs, GA 30342

$4,325,000

  • 6 Beds
  • 8 Baths
  • 7,672 ft²
5070 Lake Forrest Drive, Sandy Springs, GA 30342 Listing by Bonnie Majher

Nearby Rentals

Unit for rent at

$3,325 /mo

  • 2 Beds
  • 2 Baths
Listing by Manager
Unit for rent at

$3,070 /mo

  • 4 Beds
  • 3 Baths
  • 1,524 ft²
Listing by Manager


Frequently Asked Questions

When was property at 5400 Lake Forrest Drive built and last sold?
The property at 5400 Lake Forrest Drive was built in 2018 and last sold on Oct 31, 2022 for $4,335,000.
How much is this home worth?
The estimated value of the home located at 5400 Lake Forrest Drive is $5,044,950.
What are some comparable homes to 5400 Lake Forrest Drive?
Homes that are comparable to 5400 Lake Forrest Drive include a house property at 5070 Lake Forrest Drive, 5060 Lake Forrest Drive, which are both great to check out.

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