Acreage opportunity in Lookout Mountain, GA approximately 10 minutes from Fairyland Elementary School and the Lookout Mountain Golf and Country Club. Owned by the same family since 1969 and utilized as a dairy farm, the property boasts 34.1 +/- acres and would be the perfect gentleman's farm, luxury estate or residential compound. The property boasts a mostly level to gently rolling topography with a higher elevation in back and has 2 ponds and a creek with wet a weather waterfall providing lovely sights and/or sounds for the multiple potential building sites. The front portion is cleared and has the original 3-bedroom, 2-bath farmhouse, a dairy barn with 2-bay workshop, and a 6-stall barn with hayloft and chicken coop. The back portion of the acreage is partially wooded and at a higher elevation, providing a more private setting with views of the farm spread out before you. The value is in the land, but you could also renovate the farmhouse and use it as a caretaker or guesthouse if desired. The property is situated on the corner of Payne Chapel Rd and a small side road called Deer Creek Lane which could also be utilized to access the right side and back of the property. Whether you are a horse lover or are seeking the kind of privacy that only acreage can truly provide, then this could be the ideal property for you, so please call for more information and to schedule a showing today. Property is being sold As-Is. Information is deemed reliable but not guaranteed. Buyer to verify any and all information thry deem important.
For sale
Price cut: $395K (1/12)
$2,500,000
698 Payne Chapel Rd, Lookout Mountain, GA 30750
3beds
1,963sqft
Est.:
Single Family Residence
Built in 1957
34.1 Acres Lot
$-- Zestimate®
$1,274/sqft
$-- HOA
What's special
Front portion is clearedHigher elevation in back
- 45 days |
- 1,176 |
- 35 |
Zillow last checked: 8 hours ago
Listing updated: January 12, 2026 at 06:34am
Listed by:
Jay Robinson 423-903-6404,
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1525575
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Primary bathroom
- Level: First
Bathroom
- Level: First
Den
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Office
- Level: First
Utility room
- Level: First
Heating
- Central, Propane
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Microwave
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Kitchen Island, Separate Shower, Tub/shower Combo, En Suite
- Flooring: Carpet, Hardwood, Tile
- Windows: Aluminum Frames, Vinyl Frames, Wood Frames, Clad
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Family Room, Gas Log, Living Room
Interior area
- Total structure area: 1,963
- Total interior livable area: 1,963 sqft
- Finished area above ground: 1,963
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Gravel, Off Street, Other, Kitchen Level
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch, Porch - Covered
- Exterior features: None
- Fencing: Gate,Partial,Split Rail,Wood
- Waterfront features: Pond
Lot
- Size: 34.1 Acres
- Dimensions: 817 x 1662 IRR
- Features: Agricultural, Corner Lot, Farm, Gentle Sloping, Pasture, Pond on Lot, See Remarks, Wooded
Details
- Additional structures: Barn(s), Outbuilding, Poultry Coop, See Remarks, Workshop
- Parcel number: 0005 009
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Metal,Shingle
Condition
- Fixer
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Phone Available, Propane, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Lookout Mountain
Financial & listing details
- Price per square foot: $1,274/sqft
- Tax assessed value: $663,221
- Annual tax amount: $5,387
- Date on market: 12/22/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,098/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Price change | $2,500,000-13.6%$1,274/sqft |
Source: Greater Chattanooga Realtors #1525575 Report a problem | ||
| 12/22/2025 | Listed for sale | $2,895,000+5808.2%$1,475/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3067925 Report a problem | ||
| 4/2/2006 | Sold | $49,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,516 +9% | $265,288 +10% |
| 2023 | $3,227 +66.8% | $241,084 +59.6% |
| 2022 | $1,935 -11.7% | $151,027 +8.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,835/mo
Principal & interest
$12314
Property taxes
$1646
Home insurance
$875
Climate risks
Neighborhood: 30750
Nearby schools
GreatSchools rating
- 9/10Fairyland Elementary SchoolGrades: PK-5Distance: 5.2 mi
- 4/10Chattanooga Valley Middle SchoolGrades: 6-8Distance: 3 mi
- 5/10Ridgeland High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- Elementary: Fairyland Elementary School
- Middle: Chattanooga Valley Middle
- High: Ridgeland High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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