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  • $345,000

    7650 Rico Rd Lot 10, Palmetto, GA 30268

    2beds
    1,593sqft
    : 
    $2,571/mo
    Get pre-qualified
    Single Family Residence, Cabin
    Built in 1960
    1.5 Acres Lot
    $-- Zestimate®
    $217/sqft
    $113/mo HOA

    What's special

    Two small outbuildingsBoathouse on the lakeCommunity parkTucked in the woodsLakefront lots
    Homes in the treasured Rico Lake community don't come on the market often, but here is your opportunity to grab one. This home is one of the more spacious ones and sits on one of the community's largest lots. Views from the expansive front porch, and from other rooms, are priceless. There is a boathouse on the lake and two small outbuildings. Home is being sold as-is, no disclosure. Rico Lake is a private, gated community in Chatt Hills, a city unlike any other due to its commitment to preserving 70% of the city's land. Rico Lake was founded in the 1040s as a weekend fish camp, and it retains that unique charm today. A single lane road circles the lake and feels more like a private driveway. There is a community park along with wooded trails meandering through unique rock formations and untouched nature areas. The 30 lakefront lots are leased, so the buyer will obtain a leasehold interest in the land and fee title to the improvements. Cash sale only; no mortgages due to the leased lot. Buyer will be required to purchase one share of stock in Rico Corp at closing and become a shareholder (one of only 30). Rico Lake is tucked in the woods, but dining/social opportunities are only several miles away in Serenbe. Chatt Hills features a number of small farms with farm stands, animal experiences and goodies. The city's parks, like Cochran Mill and New Riverlands, are tops! Please contact the listing agent, who is also a shareholder, with any questions or concerns about this unique style of ownership. It isn't for everyone, but may be perfect for you! Showings are by appointment only. Rico Corporation governing documents are available to prospective purchasers upon request.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn Scarbrough 678-429-2903,

    REMAX Concierge

    Source: GAMLS,MLS#: 10825460MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Rooms
      • Room types: Great Room
      Kitchen
      • Features: Country Kitchen
      Heating
      • Central, Electric, Heat Pump
      Cooling
      • Ceiling Fan(s), Central Air, Electric, Heat Pump
      Appliances
      • Included: Dishwasher, Electric Water Heater, Oven/Range (Combo), Refrigerator
      • Laundry: Laundry Closet
      Features
      • Master On Main Level
      • Flooring: Hardwood, Other, Vinyl
      • Basement: Crawl Space,Dirt Floor,Partial,Unfinished
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,593
      • Total interior livable area: 1,593 sqft
      • Finished area above ground: 1,593
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Parking Pad, RV/Boat Parking
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch, Screened
      • Exterior features: Dock
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake
      • Body of water: Rico Lake
      • Frontage type: Lakefront,Waterfront
      Lot
      • Size: 1.5 Acres
      • Features: Sloped
      • Residential vegetation: Grassed, Partially Wooded
      Details
      • Additional structures: Boat House, Outbuilding
      • Parcel number: 08 170000730220
      • On leased land: Yes
      • Special conditions: As Is,Historic,No Disclosure

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow/Cottage,Country/Rustic,Ranch
      • Property subtype: Single Family Residence, Cabin
      Materials
      • Wood Siding
      • Foundation: Block, Pillar/Post/Pier
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, High Speed Internet, Phone Available

      Community & HOA

      Community
      • Features: Gated, Lake, Park
      • Security: Gated Community
      • Subdivision: Rico Lake
      HOA
      • Has HOA: Yes
      • Services included: Other, Private Roads
      • HOA fee: $1,350 annually
      Location
      • Region: Palmetto

      Financial & listing details

      • Price per square foot: $217/sqft
      • Annual tax amount: $1,471
      • Date on market: 8/13/2026
      • Cumulative days on market: 2 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Other
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/13/2026Listed for sale$345,000$217/sqft
        Source: GAMLS #10825460 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 30268

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Palmetto
        • Middle: Bear Creek
        • High: Creekside

        Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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