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5 Beds
9 Baths
18,533 sqft

$7,995,000

550 Blue Heron Way, Milton GA, 30004

Price per sqft$431.39
Built in2012
Property size18,533 sqft
Property typeResidential

Overview

Active

Listed Aug 14, 2026

Updated Aug 27

Havenstone presents one of the most compelling opportunities in Atlanta luxury real estate. Now offered millions below the seller’s construction cost, this extraordinary estate could not be replicated today at anywhere near its current price. Set on a private peninsula overlooking King Lake, Milton’s largest and most prestigious private body of water, the residence is distinguished by exceptional scale, rare materials and craftsmanship seldom encountered in modern construction.The hand-chiseled Leuders limestone façade was sourced from a single Texas quarry and individually set by master artisans. Old-growth cedar beams from British Columbia unite the architecture inside and out, while hand-forged ironwork, sculptural bronze elements and a floating staircase introduce an artisanal quality throughout. Rare Andean walnut doors, wide-plank American walnut floors, reclaimed 19th-century French terracotta and burnished European plaster give the interiors a richness and authenticity that could only be achieved through years of meticulous work. At the center of the home, the dramatic great room is framed by soaring cedar beams and a two-story fieldstone fireplace. The chef’s kitchen pairs character-grade walnut cabinetry with a hand-hammered copper hood, ILVE Majestic range, dual Bosch dishwashers and an Italian wood-burning pizza oven set within reclaimed timber. Hand-forged copper sinks, blacksmith-crafted lighting and custom bronze hardware reinforce the singular attention to detail. The primary suite offers a private garden entrance, riverstone fireplace and spa bath with Picasso granite vanities, an integrated steam shower and a Kohler Aquatic massaging tub. A self-contained fourth-floor apartment with a full kitchen, private den, sleeping loft and elevator access provides exceptional accommodations for extended guests or multigenerational living. The structurally completed terrace level offers the next owner an opportunity to create a theater, bar, fitness center, wine cellar, safe room or additional living space. More than 6,000 square feet of outdoor living surrounds a remarkable resort environment. The multi-tiered aquatic complex includes a swim-up bar, underground grotto illuminated by phosphorescent stone, lazy river with a functional current, diving basin and natural hot springs-inspired spa. Cascading streams, koi ponds and extensive stonework blend organically into the landscape, while a private dock provides direct access to King Lake. Crestron whole-house automation, hydronic radiant-heated floors, commercial-grade fire suppression and an elevator bring sophisticated technology to the estate. Even the motor court is exceptional, paved with historic cobblestones reclaimed from 19th-century Erie Canal streets. Minutes from Alpharetta City Center, Avalon and championship golf, Havenstone is an irreplaceable legacy property offering privacy, recreation and architectural distinction on an extraordinary scale. Bitcoin friendly.

$53,191/mo

Est. mortgage payment based on a $7,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7821816
Available since
August 14, 2026

Interior Features

Bedrooms
5
Bathrooms
9
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
2.21 Acres

Other Property Details

Taxes
$16,149
Tax Frequency
Annually
Garage
Yes

 Courtesy of Chase Mizell | Atlanta Fine Homes Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 8/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 8:44 PM UTC, 8/27/2026

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