7650 Rico RD new

Chattahoochee Hills,GA 30268

$ 185000

1 Bed

1 Bath

1053 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,053 sqft

Price per Sqft $175

Subdivision Rico Lake #25

MLS Listing ID 7633439

Style Bungalow

Bedrooms 1

Full Baths 1

Year Built 1960

Annual Tax Amount $1,502

Tax Year 2024

Lot Size 10,001 Sqft

Property Sub-Type Single Family Residence

Property Description

Nestled in a beautiful gated community, this 1-bedroom, 1-bath lake cottage combines cozy comfort with rustic character. Surrounded by serene natural beauty, iprivate 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.

Location

State GA

County Fulton

Area Rico Lake #25

Rooms

Other Rooms Boat House

Dining Room Great Room,Open Concept

Kitchen Breakfast Bar,Solid Surface Counters,View to Family Room

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Fireplaces Type None

Equipment None

Laundry Main Level

Exterior

Exterior Feature Other

Parking Features Driveway

Fence Back Yard

Pool None

Community Features Park

Utilities Available Electricity Available,Other

Waterfront Description Lake Front

View Y/N Yes

View Lake,Rural,Trees/Woods

Roof Type Shingle

Building

Lot Description Back Yard,Landscaped

Story One

Foundation Block

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

Schools

Elementary Schools Palmetto

Middle Schools Bear Creek - Fulton

High Schools Creekside

Others

Acceptable Financing Cash

Listing Terms Cash

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