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$325,000

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2 Beds

1.5 Baths

1,593 SqFt

Price Dropped by $20K

7650 Rico RD #HOUSE #10 Chattahoochee Hills, GA 30268

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Quillie Williams

Maximum One Greater Atlanta Realtors

[email protected] +1(678) 573-6100

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Key Details

Property Type Single Family Home

Sub Type Cabin,Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,593 sqft

Price per Sqft $204

Subdivision Rico Lake

MLS Listing ID 10825460

Style Bungalow/Cottage,Rustic,Ranch

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $1,350

HOA Y/N Yes

Year Built 1960

Annual Tax Amount $1,471

Tax Year 2026

Lot Size 1.500 Acres

Acres 1.5

Lot Dimensions 1.5

Property Sub-Type Cabin,Single Family Residence

Source Georgia MLS 2

Property Description

Homes in the treasured Rico Lake community don't come on the market often, but here is your opportunity to grab one. This home is one of the more spacious ones and sits on one of the community's largest lots. Views from the expansive front porch, and from other rooms, are priceless. There is a boathouse on the lake and two small outbuildings. Home is being sold as-is, no disclosure. Rico Lake is a private, gated community in Chatt Hills, a city unlike any other due to its commitment to preserving 70% of the city's land. Rico Lake was founded in the 1040s as a weekend fish camp, and it retains that unique charm today. A single lane road circles the lake and feels more like a private driveway. There is a community park along with wooded trails meandering through unique rock formations and untouched nature areas. The 30 lakefront lots are leased, so the buyer will obtain a leasehold interest in the land and fee title to the improvements. Cash sale only; no mortgages due to the leased lot. Buyer will be required to purchase one share of stock in Rico Corp at closing and become a shareholder (one of only 30). Rico Lake is tucked in the woods, but dining/social opportunities are only several miles away in Serenbe. Chatt Hills features a number of small farms with farm stands, animal experiences and goodies. The city's parks, like Cochran Mill and New Riverlands, are tops! Please contact the listing agent, who is also a shareholder, with any questions or concerns about this unique style of ownership. It isn't for everyone, but may be perfect for you! Showings are by appointment only. Rico Corporation governing documents are available to prospective purchasers upon request.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Other Rooms Boat House, Outbuilding

Basement Crawl Space, Dirt Floor, Partial, Unfinished

Bedroom Master On Main Level

Interior

Interior Features Master On Main Level

Heating Central, Electric, Heat Pump

Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump

Flooring Hardwood, Other, Vinyl

Fireplace No

Appliance Dishwasher, Electric Water Heater, Range, Refrigerator

Laundry Laundry Closet

Exterior

Exterior Feature Dock

Parking Features Parking Pad, RV Access/Parking, Boat

Community Features Gated, Lake, Park

Utilities Available Electricity Available, High Speed Internet, Phone Available

Waterfront Description Lake

View Y/N Yes

View Lake

Roof Type Metal

Garage No

Private Pool No

Building

Lot Description Sloped

Faces From Palmetto, take Hutcheson Ferry toward Serenbe, turn right onto Rico Rd to #7650 on right. OR, from South Fulton Pkwy southbound, turn left on Rico Rd to #7650 on left. GATED COMMUNITY, APPOINTMENT REQUIRED.

Foundation Block, Pillar/Post/Pier

Sewer Septic Tank

Water Well

Architectural Style Bungalow/Cottage, Rustic, Ranch

Level or Stories One

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Palmetto

Middle Schools Bear Creek

High Schools Creekside

Others

HOA Fee Include Other,Private Roads

Tax ID 08 170000730220

Security Features Gated Community

Acceptable Financing Other

Listing Terms Other

Special Listing Condition Resale

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Quillie Williams

Broker Associate License ID: 204690

+1(678) 573-6100

7650 Rico RD #HOUSE #10 Chattahoochee Hills, GA 30268

Quillie Williams

Key Details

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Rooms

Interior

Exterior

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Schools

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Property Location & Nearby Amenities

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