By Leanna Garfield

Located in northwestern Georgia, Mado will feature medicinal gardens, community activities, and housing. It will be the third village at Serenbe, a community of nearly 500 people of all ages. Mado's construction started this past summer, and the first residents will move in this month, Serenbe co-founder Steve Nygren, aged 70, tells Business Insider. Homes will cost between $300,000 and $800,000, and rental apartments will be available at $1,000 a month.

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