About 7650 Rico Road
Nestled in a beautiful gated community, this 1-bedroom, 1-bath lake cottage combines cozy comfort with rustic character. Surrounded by serene natural beauty, private boat dock, upper deck and a peaceful swing in the sunroom—perfect for savoring sunsets and spotting deer, birds, and other local wildlife. An ideal escape for quiet lakefront living or relaxing weekend getaways. Located on picturesque Lake Rico and just minutes from Serenbe, this property offers a unique opportunity to join a one-of-a-kind neighborhood. The Rico Corporation owns the land; purchases are cash only (no mortgages), and buyers become stockholders in the corporation with a separate $10,000 buy-in, receiving a 99-year lease on the property paid in two parts $1900 per year. Prospective buyers should review all Rico Corporation documents, and lease terms prior to scheduling a showing. Due to community regulations, Weissman Law is the preferred attorney for all transactions.
Features of 7650 Rico Road
| MLS® # | 7633439 |
|---|---|
| Price | $185,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,053 |
| Acres | 0.23 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Bungalow |
| Status | Pending |
| Has Master On Main | Yes |
| Basement | Yes |
Community Information
| Address | 7650 Rico Road |
|---|---|
| Subdivision | Rico Lake #25 |
| City | Chattahoochee Hills |
| County | Fulton - GA |
| State | GA |
| Zip Code | 30268 |
Amenities
| Utilities | Electricity Available, Other |
|---|---|
| Parking Spaces | 2 |
| Parking | Driveway |
| View | Lake, Rural, Trees/Woods |
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Dishwasher, Dryer, Electric Oven, Refrigerator, Washer |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | Yes |
| Basement | Crawl Space |
| Fireplace | No |
| Fireplaces | None |
| Stories | One |
Exterior
| Exterior Features | Other |
|---|---|
| Lot Description | Back Yard, Landscaped |
| Windows | None |
| Roof | Shingle |
| Construction | Vinyl Siding |
School Information
| Elementary | Palmetto |
|---|---|
| Middle | Bear Creek - Fulton |
| High | Creekside |
Additional Information
| Days on Market | 42 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Atlanta Fine Homes Sotheby's International |
|---|