$185,000
For Sale
1 bed | 1 bath | 0.23 acres | #7633439
Browse 26 photos
Type:Purchase
Structure:House
Zone:Residential

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, it offers an outdoor shower, private boat dock, upper firepit area, 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. Prospective buyers should review all Rico Corporation documents, community disclosures, and lease terms prior to scheduling a showing. Due to community regulations, Weissman Law is the preferred attorney for all transactions.

  • Property Details
      • Utility FeaturesElectricity Available, Other
      • Property SubtypeSingle Family Residence
      • ViewLake, Rural, Trees/Woods
      • Lot DescriptionBack Yard, Landscaped
      • Middle SchoolBear Creek - Fulton
      • SubdivisionRico Lake #25
      • Basement DescriptionCrawl Space
      • Sewer InformationSeptic Tank
      • CountyFulton - GA
      • High SchoolCreekside
      • Fence DescriptionBack Yard
      • Parking FeaturesDriveway
      • Parking TypeDriveway
      • Property TypePurchase
      • StyleBungalow
      • Elementary SchoolPalmetto
      • Original List Price$185,000
      • MLS #7633439
      • MLS #7633439
      • Acres0.2296
      • Taxes Annual$1,502
      • Cost185000
      • Property ConditionResale
      • InteriorOther
      • Exterior MaterialsOther
      • Year Built1960
      • Utility SourceWell
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
      • Bedrooms on Main Level1
      • Basement1
      • Master on Main1

Location

Patrick Brygider | Keller Williams Lanier PartnerReal Estate Group
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