Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$1,595,000

For Sale - Active
815 Champions Close, Alpharetta, GA 30004
6 Beds
7 Baths
7,450 Square Feet
0.00 Acres Lot
Built in 2001
For Sale - Active
1 Units
Checked: 12 hours ago
Updated: Sep 04, 2025 at 10:14AM

Investment Summary


Monthly Cash Flow
-$4,038
Cap Rate
3.1%
Cash-on-Cash Return
-13.2%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-8.8%

Property Description


0.00 Acres Lot
Built in 2001
For Sale - Active
1 Units

Welcome to 815 Champions Close - A Rare Luxury Estate in the Heart of Milton. This is the lifestyle you've been waiting for. Situated on over an acre of lush, manicured grounds, 815 Champions Close offers an exceptionally private and peaceful retreat just moments from the best of Milton. With approx 7,500 square feet of exquisitely finished living space, this home blends timeless elegance with modern luxury-and is the lowest-priced pool property of its size currently available in Milton. From the moment you arrive, the property's presence is undeniable. Tucked back from the road and framed by mature trees, the stately front elevation and wide, covered front porch provide a gracious welcome and a hint at the grandeur inside. Step through the double front doors and into a home designed for both upscale entertaining and comfortable daily living. At the heart of the home is a high-end chef's kitchen, thoughtfully appointed with Viking and Sub-Zero appliances, custom cabinetry, an oversized center island, and walk-in pantry. Whether hosting a formal dinner party or casual gathering, this kitchen delivers the functionality and sophistication that discerning buyers expect. Just off the kitchen, you'll find large, open living spaces, formal and casual dining areas, and seamless transitions to outdoor living through double doors to a larger covered porch, with seasonal lake views. Indoor/outdoor living is truly exceptional here, thanks to two expansive covered decks overlooking the backyard, as well as a large covered front porch perfect for morning coffee or evening conversation. The park-like backyard is a showstopper-professionally landscaped with mature trees, flowering plants, and ample green space for play and relaxation. Anchoring it all is a heated resort-style pool and spa, thoughtfully designed for year-round enjoyment. Whether you're swimming laps, soaking in the spa, or hosting summer parties under the stars, this outdoor space feels like your own private resort. Inside, the floorplan is as flexible as it is luxurious. There are six generously sized bedrooms, each with its own private en-suite bathroom-a rare and valuable feature that ensures privacy and comfort for every member of the household and all guests. The primary suite is a sanctuary on the main level, complete with a spa-inspired bathroom, his and her custom walk-in closets, and beautiful views of the rear grounds through double doors to another covered deck. Additional highlights include: Three-car garage with professionally finished epoxy floors. Large finished basement ideal for entertaining and play areas. Seasonal lake views that bring beauty and tranquility to everyday life. Short distance to Bell Memorial Park, with athletic fields, playgrounds, and trails. Extensive millwork, freshly refinished hardwood floors, and designer finishes throughout. Multiple living areas, bonus rooms, and flexible spaces for home offices, fitness, or media. Ample storage throughout, including walk-in closets and built-in cabinetry. Located in one of Milton's most desirable areas, this home combines seclusion and serenity with convenient access to top-rated schools, parks, and all the charm the area has to offer. With no other home of similar size and features available in Milton at this price, 815 Champions Close presents a truly unmatched value. Current owners bought the property as their dream home, but now need to be closer to the airport for work. In their brief ownership they have done over $80k in repairs and updates, making this home turnkey and ready for the next owners to enjoy. RECENT UPDATES: New Roof (2021), Refinished Hardwood Floors (2025), Epoxy Garage Floor (2025), Newer HVAC, hot water hearers and pool equipment, Extensive Septic / Chimney / Pool Repairs, Smart home security and nest thermostats, If you've been waiting for the perfect combination of space, luxury, and lifestyle-your wait is over.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, Garage, Garage Faces Side, Kitchen Level, Level Driveway
  • Details: Garage, Attached, Garage Door Opener, Parking Pad
  • Garage Spaces: 3
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 6

Bathroom Information

  • # of Baths (Full): 6
  • # of Baths (Partial): 2
  • # of Baths (Total): 7.0

Interior Features

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

Exterior Features

  • Exterior Walls Materials: Wood
  • Roof Material: Composition
  • Pool: Yes

Land Information

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

Lot Information

  • Parcel ID: 22504005450502
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Craftsman
  • Year Built: 2001

Tax Information

  • Annual Tax: $17,481

Utilities

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

Location

  • County: Fulton

Listing Details


Listed by:
Jonathan Minerick
Homecoin.com
(888) 400-2513

Source:
Georgia MLS
MLS#: 10576739
Georgia MLS

Investment Summary


Monthly Cash Flow
-$4,038
Cap Rate
3.1%
Cash-on-Cash Return
-13.2%
Debt Coverage Ratio
0.51
Internal Rate of Return (5 years)
-8.8%

Purchase Details

Find an Agent

Purchase price:
$1,595,000
Amount financed:
-$1,276,000
Down payment:
$319,000
Closing costs:
$47,850
Rehab costs:
$0
Initial cash invested:
$366,850
Square feet:
7,450
Cost per square foot:
$214
Monthly rent per square foot:
$1.09

Financing Details

Find a Lender

Loan amount:
$1,276,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$8,170
Property tax:
$1,457
Insurance:
$567
Private mortgage insurance (PMI):
$0
Monthly payment:
$10,194

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$8,100 $97,200
Vacancy loss: (6%)
6% -$486 -$5,832
Operating income:
$7,614 $91,368

Operating Expenses


% Rent Monthly Yearly
Property taxes: (18%)
18%-$1,457-$17,481
Insurance: (7%)
7%-$567-$6,804
Property management: (8%)
8%-$648-$7,776
Repairs & maintenance: (5%)
5%-$405-$4,860
Capital expenditures: (5%)
5%-$405-$4,860
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (43%)
43%-$3,482-$41,781

Cash Flow


Monthly Yearly
Net operating income:
$4,132 $49,584
Mortgage payments:
-$8,170 -$98,040
Cash flow:
$4,038 $48,456