Active$800,000
3 bd2 ba1,167 SFSingle-family home
539 Karen Drive
Alpharetta, GA 30009 · Alpha Park · 123 days listed
FMLS #7793189 · Listing Provided By Keller Williams North Atlanta · 770-663-7291
Pending55 days listed
FMLS #7828844 · Listing Provided By Century 21 Connect Realty · 678-467-2919 · Listing agent Lee Ann Maxwell

RARE DOWNTOWN ALPHARETTA OPPORTUNITY! Situated on an exceptional approximately half-acre lot in one of Alpharetta’s most sought-after locations, this property offers a truly unique opportunity to create something special. With no HOA, a spacious private parcel, and a premier location just minutes from the heart of Downtown Alpharetta, the possibilities are virtually limitless. This 3 bedroom 2 bath brick ranch with a full basement is offering up the rare chance to renovate, expand, or build the custom luxury estate you’ve always envisioned. The existing home provides flexibility for a buyer with vision, while the exceptional lot offers an incredible canvas for a new construction masterpiece. Excellent schools and unbeatable convenience to Downtown Alpharetta’s acclaimed restaurants, shopping, parks, trails, and entertainment make this a truly special opportunity. Trophy lots of this caliber and location rarely come available—bring your builder and your vision! Whether you envision renovating the existing home and making it your own or starting fresh with a custom luxury estate, this property provides the flexibility and setting to bring your vision to life. The expansive lot offers an ideal canvas for a stunning new residence, with ample room for thoughtfully designed outdoor living, a future pool, lush landscaping, and the amenities expected in a luxury home. For builders and investors, the combination of location, lot size, topography, no HOA, and strong surrounding values makes this an especially compelling opportunity. For the homeowner seeking something extraordinary, this is a chance to secure a generous private homesite in a highly desirable area where properties of this size and potential are increasingly difficult to find. Steps from the award winning Wills Park, which offers dog parks, The Wacky World playground, pavilions, rec centers, swimming pool, many ball fields, a world class equestrian center and one of the best July 4th fireworks shows around. Read more online at Awesome Alpharetta. Enjoy the best of Alpharetta right outside your door, with easy connectivity to major thoroughfares further enhance the appeal. Opportunities like this are rare: a substantial, mainly level homesite, no HOA, and an enviable Downtown Alpharetta location. Whether you choose to transform what exists or build the home you've always envisioned, this property offers the location and potential to create a truly exceptional residence.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
As reported in the listing. Verify with the school district.
Payment estimate
Prefilled with the list price of $800,000 and this week's average rate. Change anything to see your number.
$5,530/mo
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.
Active$800,000
3 bd2 ba1,167 SFSingle-family home
Alpharetta, GA 30009 · Alpha Park · 123 days listed
FMLS #7793189 · Listing Provided By Keller Williams North Atlanta · 770-663-7291
Active$800,000
5 bd4 ba4,001 SFSingle-family home
Alpharetta, GA 30005 · Windward · 9 days listed
FMLS #7855876 · Listing Provided By Keller Williams North Atlanta · 770-663-7291
Active$799,999
3 bd4 ba3,752 SFSingle-family home
Alpharetta, GA 30005 · Jamestown · 39 days listed
FMLS #7840257 · Listing Provided By Sekhars Realty, LLC. · 404-808-9978
Active$799,900
4 bd3 ba2,754 SFSingle-family home
Alpharetta, GA 30005 · Deerlake · 104 days listed
FMLS #7805785 · Listing Provided By Compass · 404-668-6621
Active$799,000
7 bd4 ba5,159 SFSingle-family home
Alpharetta, GA 30005 · Fieldstone · 147 days listed
FMLS #7781073 · Listing Provided By Opendoor Brokerage, LLC · 404-796-8789
Active$799,000
5 bd4 ba4,261 SFSingle-family home
Alpharetta, GA 30004 · Longstreet Manor · 11 days listed
FMLS #7855399 · Listing Provided By Century 21 Results · 770-889-6090
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.
Send your question through the form on this page. Listing details come from FMLS and are provided by Century 21 Connect Realty, so confirm them before making an offer.
This page shows the status reported in FMLS (Pending) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
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.
See the similar homes section on this page, or browse all homes for sale in Alpharetta, GA.
Beyond homes
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.
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