Sold
$2,050,000
5 beds · 4 baths · 4,500 sqft
494 Michael Drive, Alpharetta, GA 30009
Overpriced
Priced about $792,372 (63%) above comparable homes. Estimated market value $1,257,628, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This exquisite new construction home, complete with a three-car garage, combines modern elegance with thoughtful design. Ideally located just minutes from downtown Alpharetta and The Avalon, this property offers the perfect balance of luxury and convenience. As you enter through the welcoming foyer, you are greeted by a private office or study with French doors and a formal…
PoolBasementGarageNo HOA
Listing remarks courtesy of Compass Georgia, LLC · Sold by HOME Real Estate, LLC.
· FMLS #7499365$14,017/mo est.
with $205,000 down · $2,050,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
5
Beds
4
Baths
4,500
Sqft
2025
Built
0.39 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$9,375/morange $8,725 – $10,0255.5% gross yield
Based on 4 similar rentals within a mile (1 recently leased).
4 bd · 5 ba · 4,140 sqft · 0.8 mi away · leased$5,500/mo5 bd · 4 ba · 1 mi away$6,250/mo4 bd · 4 ba · 3,075 sqft · 0.8 mi away$9,900/mo4 bd · 5 ba · 3,137 sqft · 0.9 mi away$5,400/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$14,615/mo
Principal & interest$11,967
Property taxes$2,050
Home insurance$598
Down payment$205,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
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Schools
Manning OaksElementary
NorthwesternMiddle
Milton - FultonHigh
Location
70 for sale 10 pending 12 sold
Listed by
Compass Georgia, LLC · Sold by HOME Real Estate, LLC
Source: FMLS · #7499365
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
