It is a real recumbent by a company that is still in business. You can see the current version here
https://www.bacchettabikes.com/bike/giro-20s/. MSRP was $1,800 but Bachetta is selling them right now for $1,400. $100 more for disc brakes. Most recumbent riders find that short wheelbase recumbents have a bit more of a learning curve. Watch out for "heel strike" where your shoe contacts the front wheel in a turn. After a while it gets to be second nature for you to keep your feet out of the way while turning. This one came in two frame sizes - small and large. You should be able to reach the ground with your feet planted flat at a full stop if you got the right size. It's like a regular bike in that your leg should be nearly fully extended at the further most point. It has a moveable seat to adjust for your height.
Took a look on CL to see what they were selling for and some sellers are outright liars about the MSRP. Of three that came up, only one had an honest MSRP. The one in Portland Oregon for $500 looked like a good deal. One of the three is at the actual sale price for the bike brand new from Bachetta.