Home Sale Pending
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.Property Details
- Beds: 1
- Baths: 1.0
- Sq Feet: 1053
- Year Built: 1960
- Location: (private lake, pond, creek)
- Acres: 0.230
- County: Fulton County
- Community: Rico Lake #25
- Garage: Driveway
- Roof:
- Stories: 1
- Property Taxes: $1,502
- MLS #: 7633439
Location
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Contact Information:
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Listing Agent: Susanna Powell, Atlanta Fine Homes Sotheby's International Realty, 404-229-0690, 404-874-0300 Listing Site, Listing Status: Pending
Copyright © 2025 First Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6532676 |
| Viewed: | 36 times |
| Added: | Aug 19, 2025 |
| Updated on: | Aug 19, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
