Photo 1 of 26
$185,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
1 |
1.00 |
1,053 |
$1,502 |
1960 |
On the market:
16 days
|
View full details, 15 photos, school info, and price history
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.
Listing courtesy of Susanna Powell & Evan McKinney, Atlanta Fine Homes Sotheby's International & Atlanta Fine Homes Sotheby's International