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$3,950,000

For Sale - Active
575 Indian Hills Pkwy, Marietta, GA 30068
8 Beds
0 Baths
10,026 Square Feet
0.00 Acres Lot
Built in 2023
For Sale - Active
Units n/a
Checked: 12 hours ago
Updated: Jun 14, 2025 at 03:44AM

Investment Summary


Monthly Cash Flow
-$19,900
Cap Rate
0.1%
Cash-on-Cash Return
-26.3%
Debt Coverage Ratio
0.02
Internal Rate of Return (5 years)
-21.3%

Property Description


0.00 Acres Lot
Built in 2023
For Sale - Active
Units n/a

ADDITIONAL PHOTOS, VIDEO AND FLOOR PLAN ARE COMING SOON! Homes like this don't go on the market very often. This custom-built Capital Design Homes resale is the pinnacle of luxury living in Indian Hills-a golf course community renowned for its elegance, charm, and location. Every inch of this transitional-style masterpiece was thoughtfully designed, from its flowing floor plan to the designer finishes found throughout. Step through the stunning glass and metal double doors into a light-flooded, two-story foyer where 12-foot ceilings and oversized Pella windows immediately impress. To your left, a breathtaking three-story floating staircase makes a bold statement, while just beyond, the expansive dining room wows with high-end lighting and more glass-and-metal doors. An entertainer's dream, the home features a fully outfitted butler's pantry and passthrough to a hidden scullery kitchen, which connects seamlessly to the chef's kitchen. Custom cabinetry, open shelving, premium appliances, and striking lighting elevate every culinary experience. Nearby are the well-appointed mudroom, half bath, and access to four garage bays. The heart of the home includes a cozy sitting area, a breakfast room with a view of the 9th hole of the Indian Hills golf course, and a two-sided fireplace shared with the inviting family room-all opening to a rear Trex deck perfect for outdoor enjoyment. To the left of the foyer, a refined reception room/study with fireplace and built-ins adds sophistication, while the main-level primary suite is a true retreat. Enjoy private deck access, a fireplace, and a wet bar with built-in beverage cooler. The spa-inspired bath features dual vanities, a soaking tub, dual-entry shower, laundry station, and two spacious closets. Upstairs, a wide hallway leads to five en-suite bedrooms, a kids' lounge/study area, and a full laundry room with two washer/dryer sets. The finished terrace level impresses with 10-foot ceilings, two more bedrooms, a flex/office space, kitchenette with dual refrigerators, a rec room/family room, home theater, salon, steam shower, additional baths, and yet another laundry area for pool towels. Outside, the backyard oasis includes a heated, all-seasons pool and spa, a cozy fire pit, and a fully equipped outdoor kitchen-perfect for relaxing evenings and entertaining family and friends year-round. Located in the heart of Indian Hills, residents enjoy access to the 27-hole Indian Hills Country Club, renovated clubhouse, 8 tennis courts, 3 pools, and proximity to top-rated schools, shopping, and dining. Call your agent today to schedule a private showing-homes like this are rare.

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Location


Property Details


Parking

  • Description: Garage, Level Driveway
  • Details: Garage, Garage Door Opener, Kitchen Level
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 8

Bathroom Information

  • # of Baths (Full): 8
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 3
  • Basement: Yes
  • Basement Description: Daylight, Finished, Full, Interior Entry
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Masonry
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 16111400420
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2023

Tax Information

  • Annual Tax: $39,048

Utilities

  • Water & Sewer: Public
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned

Location

  • County: Cobb

Investment Summary


Monthly Cash Flow
-$19,900
Cap Rate
0.1%
Cash-on-Cash Return
-26.3%
Debt Coverage Ratio
0.02
Internal Rate of Return (5 years)
-21.3%

Purchase Details

Find an Agent

Purchase price:
$3,950,000
Amount financed:
-$3,160,000
Down payment:
$790,000
Closing costs:
$118,500
Rehab costs:
$0
Initial cash invested:
$908,500
Square feet:
10,026
Cost per square foot:
$394
Monthly rent per square foot:
$0.52

Financing Details

Find a Lender

Loan amount:
$3,160,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$20,234
Property tax:
$3,254
Insurance:
$364
Private mortgage insurance (PMI):
$0
Monthly payment:
$23,852

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$5,200 $62,400
Vacancy loss: (6%)
6% -$312 -$3,744
Operating income:
$4,888 $58,656

Operating Expenses


% Rent Monthly Yearly
Property taxes: (63%)
63%-$3,254-$39,048
Insurance: (7%)
7%-$364-$4,368
Property management: (8%)
8%-$416-$4,992
Repairs & maintenance: (5%)
5%-$260-$3,120
Capital expenditures: (5%)
5%-$260-$3,120
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (88%)
88%-$4,554-$54,648

Cash Flow


Monthly Yearly
Net operating income:
$334 $4,008
Mortgage payments:
-$20,234 -$242,808
Cash flow:
$19,900 $238,800