Active$460,000
4 bd3 ba2,047 SFSingle-family home
5855 Rives Drive
Alpharetta, GA 30004 · Shepherds Pond · 32 days listed
FMLS #7845633 · Listing Provided By Resideum Real Estate · 678-869-9000
Active144 days listed
490 Summerfield Drive, Alpharetta, GA 30022
- 3bd
- 2ba
- 1,756SF
- 0.51ac lot
FMLS #7782903 · Listing Provided By WM Realty, LLC · 470-282-3540 · Listing agent Kennedi Washington
About this home
*** This home is FOR SALE ONLY. This home is not for rent. All showings must be accompanied by a licensed real estate sales agent..*** Welcome to this cozy and inviting home nestled in Alpharetta! This delightful 3-bedroom, 2-bathroom residence offers the perfect blend of comfort and functionality. Step inside and feel right at home in the spacious living room, where a beautiful fireplace creates the perfect ambiance for relaxing evenings and gatherings with loved ones. The separate dining room provides a space for hosting dinner parties and creating memorable meals with family and friends. The home features three comfortable bedrooms and two well-appointed bathrooms, offering plenty of space for rest and rejuvenation. Enjoy outdoor living at its finest on the back deck—the perfect spot for morning coffee, weekend barbecues, or simply unwinding while taking in the peaceful surroundings. Don't miss the opportunity to make this charming home yours—schedule your showing today!
How this list price compares in Alpharetta
- List price is 42% below the Alpharetta median list price of $795,000 (671 homes).
- Compared with 380 single-family homes in Alpharetta: 52% below the median of $949,901.
- List price per square foot is 4% below the Alpharetta median of $272/SF.
- 2 homes for sale in Summerfield.
- All 671 homes for sale in Alpharetta, GA.
- 6,734 homes for sale in Fulton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 2
- Living area
- 1,756 SF
- Lot size
- 0.51 acres
- Year built
- 1983
- Levels
- Multi/Split
- Main-level bedrooms
- 3
- Garage spaces
- 2
- Parking
- Attached, Garage
- Style
- Traditional
- Construction
- Other
- Roof
- Composition
- Flooring
- Carpet, Vinyl
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
- Appliances
- Dishwasher, Gas Range, Microwave, Refrigerator
- Lot
- Back Yard
- HOA
- No
- Annual tax
- $5,037 (2025)
- County
- Fulton
Assigned schools
- HighCentennial
- MiddleHaynes Bridge
- ElementaryNorthwood
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $460,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$3,561/mo
- Principal and interest
- $2,844
- Property tax
- $420
- Home insurance
- $125
- Mortgage insurance
- $173
- HOA dues
- $0
- Loan amount
- $414,000
- Cash down
- $46,000
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Active
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FMLS #7845602 · Listing Provided By Best Realty, LLC. · 678-789-9413
Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by WM Realty, LLC, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Alpharetta?
See the similar homes section on this page, or browse all homes for sale in Alpharetta, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment buildings for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church buildings for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- Georgia land and acreage for saleAcreage, lots and development land.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
Investor research and tools
- cap rates for apartment buildings in AtlantaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- apartment building DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- multifamily financing optionsConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- NOI and cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- rental property cash flow calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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