Property Attributes
- MLS#10825460
- TypeSingle Family
- Listing Status New
- CountyFulton
- CityChattahoochee Hills
- NeighborhoodRico Lake
- Zip30268
- StyleBungalow/Cottage, Rustic, Ranch
- Year Built1960
- Taxes$ 1471
- Price$ 345,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1593
- Lot Size1.5 Acres
Data Source:
Georgia MLS (GAMLS)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Palmetto Elementary School | Bear Creek Middle School | Creekside High School |
| Price History | |
|---|---|
| 8/13/2026 | Listed $345,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Electric,Heat Pump |
| Cooling | Ceiling Fan(s),Central Air,Electric,Heat Pump |
| Utilities | Electricity Available,High Speed Internet,Phone Available |
| Roof | Metal |
| Appliances | Dishwasher,Electric Water Heater,Range,Refrigerator |
| HOA Fee | 1350 |
| Association Fee Includes | Other,Private Roads |
| Patio/Porch Features | Porch,Screened |
| Architectural Style | Bungalow/Cottage,Rustic,Ranch |
| Security Features | Gated Community |
| Construction Materials | Wood Siding |
| Year Built | 1960 |
| View | Lake |
| Levels | One |
| Unit Number | HOUSE #10 |
| Property Subtype | Cabin,Single Family Residence |
| Tax Year | 2026 |
| Waterfront Features | Lake |
| Community Features | Gated,Lake,Park |
| County | Fulton |
| New Construction | false |
| Property Type | Residential |
| HOA | true |
| Attached Garage | false |
| Subdivision Name | Rico Lake |
| Garage Y/N | false |
| Other Structures | Boat House,Outbuilding |
| Full Baths | 1 |
| Status | New |
| Directions | 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. |
| High School | Creekside |
| City | Chattahoochee Hills |
| Body of Water | Rico Lake |
| Lot Size Units | Acres |
| Lot Size Square Feet | 65340 |
| Carport Y/N | false |
| Elementary School | Palmetto |
| Property Attached Y/N | false |
| Land Lease Y/N | true |
| Tax Annual Amount | 1471.61 |
| Home Warranty Y/N | false |
| Middle/Junior High School | Bear Creek |
| Property Condition | Resale |
| Structure Type | Cabin,House |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
Interior Features
| Interior Amenities | Master On Main Level |
|---|---|
| Basement | Crawl Space,Dirt Floor,Partial,Unfinished |
| Flooring | Hardwood,Other,Vinyl |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1593 |
| Half Baths | 1 |
| Laundry Features | Laundry Closet |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Other |
| Above Grade Finished Area Unit Type | Square Feet |
| Kitchen Features | Country Kitchen |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Dock |
|---|---|
| Vegetation | Grassed,Partially Wooded |
| Parking Features | Parking Pad,RV Access/Parking,Boat |
| Lot Features | Sloped |
| Water Source | Well |
| Lot Size Area | 1.5 |
| Foundation Details | Block,Pillar/Post/Pier |
| Building Area Total | 1593 |
| Lot Size Acres | 1.5 |
| Frontage Type | Lakefront,Waterfront |
| Lot Size Source | Other |
| Waterfront Y/N | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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