Off Market Oct 2025 for $180K

$202,988

•

1,053

sq ft

7650 Rico Rd, Chattahoochee Hills, GA 30268

About this home

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.

Single-familyProperty Type

1960Year Built

10,001 sq ftLot Size

$193Est. Price/Sq.Ft.

2 spacesParking

Listed by Susanna Powell • Atlanta Fine Homes Sotheby's International

Listed by Evan McKinney • Atlanta Fine Homes Sotheby's International

Bought with Randi Greene • Keller Williams Realty Atl Partners

Source:FMLS #7633439

Redfin Estimate

$202,988

$23K since sold in October 2025$7,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 52.3% lower than the average sale price ($426K) of 6 comparable homes.

SOLD MAY 29, 2026
$220,000
A
3 beds2 baths1,278 sq ft
310 Rippling Brook Trce, Chattahoochee Hills, GA 30268
SOLD JUL 14, 2026
$620,000
B
2 beds2 baths1,323 sq ft
1015 Loliver Ln, Chattahoochee Hills, GA 30268
SOLD MAY 22, 2026
$760,000
C
2 beds2.5 baths1,404 sq ft
10528 Serenbe Ln, Chattahoochee Hills, GA 30268
SOLD APR 20, 2026
$185,000
D
3 beds2 baths1,104 sq ft
506 Carlton Dr, Palmetto, GA 30268
SOLD MAY 8, 2026
$259,000
E
3 beds2 baths1,404 sq ft
508 Shaggy Hickory Trl, Palmetto, GA 30268
SOLD MAY 26, 2026
$510,000
F
3 beds2 baths— sq ft
12030 Hutcheson Ferry Rd, Chattahoochee Hills, GA 30268

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Earn from this home

Sell

$46,812

Est. take-home

List your home with Redfin and save $1,590

Rent

$1,635/mo

Redfin rental estimate

List your home for rent

Market trends in 30268, GA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.2%

3.0% MoM

Median sale price

$294K

$4K MoM

Avg. days on market

70d

12 days MoM

Recently sold homes

10 MoM

New listings for sale

$749,900
4 beds3.5 baths3,014 sq ft
19 Rocky Shoals Rd, Palmetto, GA 30268
3D WALKTHROUGH
$331,000
5 beds3 baths2,852 sq ft
538 Walnut Way, Palmetto, GA 30268
$849,000
3 beds3 baths1,570 sq ft
11508 Serenbe Ln, Palmetto, GA 30268
$259,000
3 beds2.5 baths1,572 sq ft
579 Magnolia Cir, Palmetto, GA 30268
$233,000
3 beds2 baths1,168 sq ft
140 Forrest Brook Dr, Palmetto, GA 30268
$1,049,000
4 beds4.5 baths3,097 sq ft
11548 Serenbe Ln, Chattahoochee Hills, GA 30268
See all

Provided by Redfin

Sale history for 7650 Rico Rd

Date

Event

Price

FMLS #7633439

Oct 31, 2025

Sold

$180,000

$171/sq ft

Oct 13, 2025

Pending

—

Oct 3, 2025

Contingent

—

Sep 27, 2025

Relisted

—

Sep 25, 2025

Contingent

—

Aug 18, 2025

Listed

$185,000

$176/sq ft

FMLS #7556479

May 5, 2025

Sold

$360,000

$342/sq ft

Apr 20, 2025

Pending

—

Apr 15, 2025

Contingent

—

Apr 12, 2025

Listed

$360,000

$342/sq ft

Apr 11, 2025

Coming Soon

$360,000

$342/sq ft

Completely renovated in 2023, this cozy 2-bedroom, 1-bath lake cottage offers modern comfort with timeless charm. Surrounded by nature, you'll enjoy an outdoor shower, private boat dock, upper firepit area, and a peaceful swing by the water. Watch deer, birds, and other local wildlife from your porch—perfect for tranquil lakefront living or weekend escapes.This Gorgeous Lake Rico Home is located in a gated community in Beautiful Chattahoochee Hills close to Serenbe. Rico Corporation owns the land, no mortgages allowed by corporation, cash only, lessor becomes a stockholder in the corporation. $10,000 corporate stockholder buy-in required to become part of this community. Be sure to read all documents pertaining to the Rico Corporation, community disclosure, and 99-year lease prior to showing. Weissman Law is preferred attorney due to Corporation rules/regulations. House #22

RENT. #1

Feb 18, 2022

Price Changed

$2,020

$2/sq ft

FMLS #6921651

Nov 12, 2021

Sold

$167,500

$159/sq ft

Oct 27, 2021

Pending

—

Oct 22, 2021

Price Changed

$175,000

$166/sq ft

Oct 22, 2021

Relisted

—

Oct 11, 2021

Contingent

—

Sep 14, 2021

Price Changed

$200,000

$190/sq ft

Sep 6, 2021

Relisted

—

Aug 22, 2021

Pending

—

Aug 11, 2021

Price Changed

$220,000

$209/sq ft

Aug 11, 2021

Relisted

—

Jul 29, 2021

Pending

—

Jul 28, 2021

Listed

$239,900

$228/sq ft

It's your chance to be a part of a private lake community. This 2 bed 1.5 bath cottage is adorable & offers plenty of storage w/2 detached garages w/power along with a 2 car carport attached. You'll find new carpet throughout. Enjoy the views of the gorgeous lake from the screened in porch. You can have your own personal dock built. Laundry hook-ups are located in the full bathroom across from the kitchen. Property is a lease-hold property with shares hold in stock in the Rico Corp.CASH SALE ONLY

FMLS #6031739

Jan 16, 2019

Sold

$112,000

$106/sq ft

Nov 7, 2018

Contingent

—

Oct 14, 2018

Pending

—

Oct 5, 2018

Contingent

—

Sep 25, 2018

Relisted

—

Sep 25, 2018

Listing Removed

—

Jun 22, 2018

Listed

$119,900

$114/sq ft

GAMLS #8403854

Jan 16, 2019

Sold

$112,000

$106/sq ft

Oct 5, 2018

Pending

—

Sep 25, 2018

Relisted

—

Sep 25, 2018

Listing Removed

—

Jun 22, 2018

Listed

$119,900

$114/sq ft

FMLS #5747899

Nov 4, 2016

Contingent

—

Nov 3, 2016

Sold

$154,900

$147/sq ft

Sep 21, 2016

Pending

—

Sep 15, 2016

Listed

$159,000

$151/sq ft

GAMLS #7351368

Dec 19, 2014

Price Changed

$277,500

$264/sq ft

Dec 4, 2014

Sold

$277,500

$264/sq ft

Oct 27, 2014

Pending

—

Oct 27, 2014

Price Changed

$285,000

$271/sq ft

Oct 15, 2014

Listed

$285,000

$271/sq ft

FMLS #5356010

Dec 18, 2014

Price Changed

$277,500

$264/sq ft

Dec 5, 2014

Listing Removed

—

Dec 4, 2014

Price Changed

$285,000

$271/sq ft

Dec 4, 2014

Sold

$277,500

$264/sq ft

Nov 6, 2014

Pending

—

Oct 27, 2014

Contingent

—

Oct 15, 2014

Listed

$285,000

$271/sq ft

GAMLS #3180222

Aug 1, 2012

Listing Removed

—

Jan 29, 2012

Listed

$179,000

$170/sq ft

FMLS #4235857

Dec 22, 2011

Listing Removed

—

Dec 21, 2011

Sold

$70,000

$66/sq ft

Nov 30, 2011

Pending

—

Nov 17, 2011

Price Changed

$125,000

$119/sq ft

Jun 13, 2011

Listed

$149,900

$142/sq ft

FMLS #4046583

Jun 4, 2010

Listing Removed

—

Jun 3, 2010

Sold

$255,000

$242/sq ft

May 1, 2010

Contingent

—

Apr 1, 2010

Listed

$275,000

$261/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,274 (−0.1%)

$37,120

2024

$1,275 (−2.5%)

$37,160

2023

$1,308 (−0.3%)

$37,160

2022

$1,312 (−0.6%)

$37,160

2021

$1,320 (−2.1%)

$36,080

2020

$1,348 (+1.5%)

$35,680

2019

$1,329 (+1.5%)

$35,040

2018

$1,309 (+42,395.8%)

$35,040

2017

$34,240

2016

$3 (+2.7%)

$22,320

2015

$22,320

2014

$3 (−9.9%)

$22,320

2012

$3 (+187.1%)

$22,320

2011

$22,320

2010

$18,640

2009

$18,640

2008

$18,640

Tax history for 7650 Rico Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,274 (−0.1%)

$37,120

2024

$1,275 (−2.5%)

$37,160

2023

$1,308 (−0.3%)

$37,160

2022

$1,312 (−0.6%)

$37,160

2021

$1,320 (−2.1%)

$36,080

2020

$1,348 (+1.5%)

$35,680

2019

$1,329 (+1.5%)

$35,040

2018

$1,309 (+42,395.8%)

$35,040

2017

$34,240

2016

$3 (+2.7%)

$22,320

2015

$22,320

2014

$3 (−9.9%)

$22,320

2012

$3 (+187.1%)

$22,320

2011

$22,320

2010

$18,640

2009

$18,640

2008

$18,640

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

10,000 Sq. Ft.

Year renovated

1990

Sq. Ft.

1,196

Year built

1970

Style

Single Family Residential

County

Fulton County

APN

08 170000730212

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Rural District

The RL, Rural District is intended primarily for lower density agricultural and single-family residential uses with individual lot sewage systems. This district is designed to stabilize and protect the rural and residential characteristics of the city and to encourage single-family uses on larger lots.

Permitted uses

Include but are not limited to:

Agriculture
Greenhouse / nursery
Housing-Group
Housing-Single unit
Office

Property details

Parking

Parking Information
# of Total Parking: 2
Parking Features: Driveway
Open Parking: Yes

Interior

Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Master Bathroom Features: Tub/Shower Combo

Bedroom Information
# of Main Level Bedrooms: 1
Bedroom Features: Master on Main,Oversized Master

Interior Features
Interior Features: Other
Common Walls: No Common Walls
Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
Flooring: Carpet

Room Information
LaundryFeatures: Main Level
Kitchen Features: Breakfast Bar,Solid Surface Counters,View to Family Room
Dining Room Features: Great Room,Open Concept
Room Type: Sun Room
Basement: Crawl Space

Exterior

Property Information
Levels: One
Above Grade Finished Area: 1,053
Construction Materials: Vinyl Siding
Exterior Features: Other
Roof: Shingle
Fencing: Back Yard
Patio And Porch Features: Deck
Property Condition: Resale
Foundation Details: Block
Dock: Dock
Other Structures: Boat House

Lot Information
Waterfront Features: Lake Front
Waterfrontage Length: 140
TaxLegalDescription: see attached

Financial

Financial Information
Buyer Financing: Cash

Utilities

Utility Information
Cooling: Central Air
Heating: Central
Water Source: Well
Electric: 110 Volts
Sewer: Septic Tank
Utilities: Electricity Available, Other

Location

HOA Information
Association Fee2 Frequency: Annually

School Information
Elementary School: Palmetto
Middle Or Junior School: Bear Creek - Fulton
High School: Creekside

Location Information
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.
Road Surface Type: Asphalt
Road Frontage Type: Private Road

Community Information
Community Features: Park

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,196
Stories: 1.0
Lot Size: 10,000 square feet
Style: Single Family Residential
Year Built: 1970
Year Renovated: 1990
County: Fulton County
APN: 08 170000730212

Home facts updated by county records on Jul 15, 2026

Around this home

Schools

Palmetto Elementary School

Public PreK-5 • Assigned • 5.2mi

6/10

Bear Creek Middle School

Public 6-8 • Assigned • 7.5mi

5/10

Creekside High School

Public 9-12 • Assigned • 7.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 104° expected this year, 19 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Chattahoochee Hills, GA • 30268

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

5.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$193,000 – $234,000

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Home values near 7650 Rico Rd

Data from public records.

Address	Redfin Estimate
7650 Rico Road #HOUSE 10, Chattahoochee Hills, GA 2 Beds \| 1.5 Baths \| 1593 Sq. Ft.	$342,693
7650 Rico Road #28, Chattahoochee Hills, GA 3 Beds \| 1 Baths \| 1740 Sq. Ft.	$229,194

Address	Redfin Estimate
7650 Rico Road #5, Chattahoochee Hills, GA 3 Beds \| 2 Baths \| 1632 Sq. Ft.	$263,999
7650 Rico Road #2, Chattahoochee Hills, GA 1 Beds \| 2 Baths \| - Sq. Ft.	$260,301

Address	Redfin Estimate
7650 Rico Road #22, Chattahoochee Hills, GA 2 Beds \| 1 Baths \| 1134 Sq. Ft.	$271,723
7650 Rico Road #12, Chattahoochee Hills, GA 2 Beds \| 2 Baths \| 1316 Sq. Ft.	$206,636

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 30268, GA

Sale history for 7650 Rico Rd

Tax history for 7650 Rico Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 30268

Home values near 7650 Rico Rd

More real estate resources