550 Blue Heron Way, Milton, GA 30004

About this home

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.

How this list price compares in Milton

• List price is 408% above the Milton median list price of $1,575,000 (183 homes).
• Compared with 160 single-family homes in Milton: 349% above the median of $1,779,478.
• List price per square foot is 42% above the Milton median of $303/SF.
• All 183 homes for sale in Milton, 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

5

Full baths

5

Half baths

4

Living area

18,533 SF

Lot size

2.21 acres

Year built

2012

Levels

Three Or More

Main-level bedrooms

1

Garage spaces

4

Parking

Detached, Driveway, Garage, Garage Faces Side, Kitchen Level

Basement

Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Walk-Out Access

Style

Traditional

Construction

Stone, Stucco

Roof

Shingle, Wood

Flooring

Hardwood, Stone

Heating

Natural Gas, Zoned

Cooling

Ceiling Fan(s)

Fireplaces

9

Appliances

Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Microwave, Range Hood, Refrigerator, Washer

Pool

Heated, In Ground, Private, Salt Water, Waterfall

Lot

Back Yard, Front Yard, Lake On Lot, Landscaped, Private, Wooded

Community

Homeowners Assoc, Lake, Near Schools, Near Shopping, Near Trails/Greenway, Street Lights

HOA

$400 annually

Annual tax

$16,149 (2024)

County

Fulton

Assigned schools

• HighCambridge
• MiddleHopewell
• ElementaryBirmingham Falls

As reported in the listing. Verify with the school district.