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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.
Single Family
| Last Updated | 5/27/2026 | Tract | None |
|---|---|---|---|
| Year Built | 1957 | County | Walker |
SCHOOLS
| Elementary School | Fairyland Elementary School |
|---|---|
| Jr. High School | Chattanooga Valley Middle |
| High School | Ridgeland High School |
Price History
| Prior to Jan 12, '26 | $2,895,000 |
|---|---|
| Jan 12, '26 – Mar 23, '26 | $2,500,000 |
| Mar 23, '26 – May 27, '26 | $2,000,000 |
| May 27, '26 – Today | $1,690,000 |
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Microwave |
| BARN/EQUESTRIAN | Yes |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | None |
| FIREPLACE | Yes |
| HEAT | Central, Propane |
| INTERIOR | Kitchen Island |
| LOT | 34.1 acre(s) |
| LOT DESCRIPTION | Agricultural, Corner Lot, Farm, Gentle Sloping, Pasture, See Remarks, Wooded |
| LOT DIMENSIONS | 817X1662 IRR |
| PARKING | Driveway, Gravel, Kitchen Level, Off Street, Other |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | None |
| TAXES | 5387.99 |
| UTILITIES | Electricity Connected, Phone Available, Water Connected, Propane |
| WATER | Public |
| WATERFRONT DESCRIPTION | Pond |
Location
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Data is deemed reliable but is not guaranteed accurate by the MLS.
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This site was last updated on 7/12/26 11:36 AM PDT
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