1,053 Sq. Ft.
$171 / Sq. Ft.
1,053
Sq. Ft.
$171
per Sq. Ft.

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...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.
  1. Listed by Susanna Powell • Atlanta Fine Homes Sotheby's International • 404-229-0690
  2. Listed by Evan McKinney • Atlanta Fine Homes Sotheby's International

Property Details for 7650 Rico Road

Subdivision Complex
Rico Lake #25
Architectural Style
Bungalow
Exterior
Other
Num Of Parking Spaces
2
Parking Features
Driveway
Property Attached
No
Waterfront Features
Lake Front, Lake
LISTING CLOSED: 10/31/2025 12:00 AM

Property Details for 7650 Rico Road

StatusClosed
MLS #7633439
Days on Market42
Taxes$1,502 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence / Other
Year Built1960
Lot Size0.23 AC / 10,001 SF
CountyFulton County

Location

Listing Courtesy of Atlanta Fine Homes Sotheby's International, Susanna Powell; Atlanta Fine Homes Sotheby's International, Evan McKinney

Sold By Keller Williams Realty Atl Partners, Randi Greene

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Building Information for 7650 Rico Road

Stories1Year Built1960Building Size-Lot Size0.23 AC / 10,001 SF

Payment Calculator

$1,040 per month

30 year fixed, 6.55% Interest

Principal and Interest

$915

Property Taxes

$125

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7650 Rico Road

Summary
Location and General Information
  • Community Features: Park
  • Directions: Use GPS to 7650 Rico Rd. Enter gate code go right at fork 1/4 way around lake on right hand side .Numbers go down.
  • Lake Name: Other
  • View: Lake, Rural, Trees/Woods
  • Coordinates: -84.757254, 33.553841
Taxes and HOA Information
  • Parcel Number: 08 170000730295
  • Tax Year: 2024
  • Master Association Fee: $.00
  • Master Association Fee Frequency: Annually
  • HOA Rent Restrictions: Yes
  • Association: No
  • Tax Legal Description: see attached
School Information
  • School Bus Route Elem: No
  • School Bus Route High: No
  • School Bus Route Middle: No
  • Elementary School: Palmetto
  • High School: Creekside
  • Middle School: Bear Creek - Fulton
Parking
  • Open Parking: Yes
Agent
Payment and Rate
  • Concessions Amt: $.00
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
  • Basement: Crawl Space
  • Fireplace Features: None
  • # of Fireplaces: 0
  • Flooring: Carpet
  • Interior Features: Other
  • Levels/Stories: One
  • Other Equipment: None
  • Window Features: None
  • Bedroom Features: Master on Main, Oversized Master
  • Diningroom Features: Great Room, Open Concept
  • Kitchen Features: Breakfast Bar, Solid Surface Counters, View to Family Room
  • Master Bathroom Features: Tub/Shower Combo
  • Foundation: Block
  • Main Bedrooms: 1
  • Total Half Baths: 0
  • Bathrooms Total Interger: 1
  • Main Full Baths: 1
  • Additional Rooms: Sun Room
  • Bathrooms Total Decimal: 1.00
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Dock: Dock
  • Fencing: Back Yard
  • Horse Amenities: None
  • Patio And Porch Features: Deck
  • Pool Features: None
  • Road Surface Type: Asphalt
  • Roof Type: Shingle
  • Security Features: Security Gate
  • Spa Features: None
  • Laundry Features: Main Level
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Other Structures: Boat House
Property
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Other
  • Water Source: Well
  • Electric: 110 Volts
Property and Assessments
  • Home Warranty: No
  • Proposed Financing: Cash
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Above Grade Finished Area: 1053.0
  • SqFt Source: Public Records
  • Square Footage: 1053.0
  • Common Walls: No Common Walls
  • Land lot: 20
  • Lot Features: Back Yard, Landscaped
  • Acreage Source: Public Records
  • Lot Size Dimensions: 134 X 187 X 104 X 185
  • Waterfront Footage: 140.0
Rental
Rent Information
  • Terms: Cash
  • Land Lease: Yes
  • Occupant Types: Vacant

Property History for 7650 Rico Road

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Sold (Public Record)

Public Record #1938985592

$180,000

-11.3% / yr

Mar 4, 2022

Sold (Public Record)

Public Record #1486089623

$279,000
Mar 4, 2022

Sold (Public Record)

Public Record #1931987948

$279,000

+428.0% / yr

DateEvent & SourcePrice
10/30/2025

Sold (Public Record)

Public Record #1938985592

$180,000

-11.3% / yr

03/04/2022

Sold (Public Record)

Public Record #1486089623

$279,000
03/04/2022

Sold (Public Record)

Public Record #1931987948

$279,000

+428.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7650 Rico Road

Taxable ValueLand-Additions$45,560Total-
Home Facts
Beds2Baths1Total Finished SqFt1,053 SqFtAbove Grade Finished SqFt1,053 SqFtStories1StyleSingle Family ResidenceYear Built1960Year Renovated1990ZoningCUPCountyFULTONAPN08 170000730295Fireplace TypeHas Fireplace

Schools near 7650 Rico Road

This home is within Fulton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Palmetto Elementary School
PublicPK to 5

Bear Creek Middle School
Public6 to 8

Creekside High School
Public9 to 12

Chattahoochee Hills Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Atlanta Fine Homes Sotheby's International, Susanna Powell; Atlanta Fine Homes Sotheby's International, Evan McKinney

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.