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Land with Home for Sale in Lookout Mountain, Georgia

698 Payne Chapel Rd, Lookout Mountain, GA 30750

$2,895,000
34.1 acres
Active
ago
Est $14,634/mo

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.

1,963
Sq feet
3
Beds
2
Full baths
1957
Built

Location

Street address
698 Payne Chapel Rd
Elevation
1,561 feet
Coordinates
34.9105, -85.405

Directions

Up Lookout Mountain via Ochs Hwy (Rock City side). Ochs turns into Red Riding hood at the top. Left on Lula Lake, right on Hwy 157 just past the Dollar General, first left on Mount Olive, right on Payne Chapel Rd, property is on the left.

Property details

Acreage
34.1 acres
MLS #
REALTRACS 3067925
Posted

Property taxes

Recent
$5,388

Parcels

  • 0005 009

Details and features

Listing

Type
Residential
Financing
Conventional
Possession
Close of Escrow

Lot

Dimensions
817 X 1662 Irr
Waterfront
Pond
Features
Corner Lot, Wooded

Exterior

Parking Spaces
2
Parking
Detached, Driveway, Gravel
Fencing
Partial
Outdoor Spaces
Deck

Structure

Style
Ranch
Stories
1
Water
Public
Sewer
Septic Tank
Heating
Central, Propane
Cooling
Central Air, Electric
Materials
Wood Siding
Roof
Metal
Foundation
Block

Interior

Rooms
Kitchen, Master Bathroom
Flooring
Carpet, Tile, Wood
Fireplaces
Family Room, Gas, Living Room
Appliances
Microwave
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Kitchen Island

Property utilities

CategoryTypeStatusDescription
PowerGridAvailable
WaterPublicAvailable
SewageSeptic SystemConnected

Nearby schools

NameLevelDistrictDescription
Fairyland Elementary SchoolElementary
Chattanooga Valley Middle SchoolMiddle
Ridgeland High SchoolHigh

Listing history

DateEventPriceChangeSource
Dec 23, 2025New listing$2,895,000REALTRACS
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This 34.1-acre property is located at 698 Payne Chapel Rd in Lookout Mountain, GA 30750. The property is available for sale for $2,895,000. It has a 1,963 sq ft 3 bedroom, 2 bath house built in 1957.

Checked 1 hour ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Dec 22, 2025 6:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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