USAGALookout MountainFairyland Ests301 Mcfarland Rd

301 Mcfarland Rd, Lookout Mountain, GA

Name: 301 Mcfarland Rd, For Sale in Lookout Mountain - Zoocasa
Brand: Keller Williams Realty
SKU: 1535188
Price: 2500000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,500,000

520

MLS® 1535188

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 4778 sqft

Garage

Taxes $12,703

Days Active 9

Lot Size

Approx. Age 1922

Avg. Price Per Sqft $523

MLS® Number 1535188

Property Address: 301 Mcfarland Rd, Lookout Mountain, GA, 30750-3126

Average square foot calculated using Size range provided by listing agent.

Description

Set on nearly six acres in the heart of Lookout Mountain's most established residential community, 301 McFarland is one of the original estates of the Fairyland tract -- a stone-and-stucco residence built in the 1920s during the era Garnet and Frieda Carter envisioned the mountain as a place 'where Spring spends the summer.' Today, the property remains exactly what made Fairyland singular from the beginning: a private, walkable, landscape-driven compound, minutes from downtown Chattanooga, Rock City, and Covenant College. The main house spans 3, 507 square feet across four full levels with five bedrooms and three full baths. Formal living and sitting rooms are anchored by original stone fireplaces, leaded-glass French doors, and deep wood casings -- a quiet, low-key elegance that newer construction simply cannot reproduce. A third original stone fireplace anchors the lower-level apartment at the base of the staircase. The walkout lower level functions as a fully independent two-level apartment, with its own private entrance opening to a bedroom, living space, and full bath at the upper basement level, and a second lower level holding kitchen, living, and office. A configuration ideally suited to multi-generational living, hosted guests, or a long-term private residence within the residence. Two additional houses sit on the property -- each a complete residence in its own right, with a full kitchen, living room, bedrooms, and full bath. Both are structurally solid with good bones: original hardwood floors, sound construction, and characterful details like an interior stone half-wall in one of them. Both are offered in honest, as-is condition -- ready for a buyer's cosmetic vision rather than priced as turnkey. Outdoors, a fenced in-ground pool sits within a private clearing carved out of mature woodland, surrounded by stacked-stone retaining walls and original landscape features. The offering also includes an additional parcel of land -- bringing the total assembly to appr approximately 5.89 acres across two parcels, a configuration virtually unheard-of inside Lookout Mountain's city limits. Fairyland Elementary, the assigned school, has been recognized by the Georgia Department of Education with a Platinum Award for Greatest Gains and is ranked among the top public elementary schools in the state. Downtown Chattanooga is a 15-minute drive; Rock City and Lula Lake Land Trust are minutes away on foot or bike. 301 McFarland is a generational holding. A property of this scale, with this provenance, in this location, comes available perhaps once in a decade.

MLS® Number1535188

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1922

BasementFinished

DrivewayAsphalt

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 21, 2026List Date

$2,500,000List Price

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $856,000 and $3,322,000.

Similar properties in this area sold on average for: $856,666

Expected to sell in 93 days. Similar properties sold in 102 days. This home has been on Zoocasa for 9 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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