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7650 Rico RD Chattahoochee Hills, GA 30268
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Key Details
Sold Price $180,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,053 sqft
Price per Sqft $170
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, 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.
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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Bought with Keller Williams Realty Atl Partners
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