698 Payne Chapel Road, Lookout Mountain, GA 30750 (MLS# 1525575)

698 Payne Chapel Road, Lookout Mountain, GA 30750

$2,000,000

Aerial view from 2nd pond towards Payne Chapel Rd

Aerial view from corner of Payne Chapel Rd and Deer Creek Lane

Aerial view of back of dairy barn, pond #1 and horse barn

Seller's photo of the dam - looking back as you head up to the back wooded portion of the property

Heading up to the back wooded part of the property

View of the pond from the rear wooded hillside

View of pond from back portion of the property

Seller's photo of wet weather waterfall visible from the property on the back side of the property

View from back wooded part of the property toward the pond

Seller's photo pf pond #2 during a past Autumn

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,963 Lot Size (sq. ft.): 1,485,396 Status: Active

Current Price: $2,000,000 List Date: 12/22/2025 Last Modified: 3/23/2026

Overview

Description

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 ... (Read more)

Listing Details MLS# 1525575

General Property Information

Bedrooms Total: 3
Stories: Yes
Rooms Total: 6
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 1963
Above Grade Finished Area Source: Tax Records
Living Area: 1963
Living Area Source: Tax Records
Enhanced Accessible: No
Year Built: 1957
New Construction YN: No
Builder's Warranty YN: No
Home Warranty YN: No
Garage YN: No
Carport YN: Yes
Attached Carport YN: No
Carport Spaces: 2
Lot Size Acres: 34.1
Lot Size Square Feet: 1485396
Lot Size Dimensions: 817X1662 IRR
Association YN: No
View YN: No
Waterfront YN: No
Basement YN: No
Fireplace YN: Yes
Senior Community YN: No
Sign On Property YN: Yes
List Price/SqFt: 1018.85
Deed Book: 2377
Deed Page: 176
Bathrooms Half: 0

Property Features

Appliances: Electric Water Heater; Microwave Architectural Style: Ranch Construction Materials: Wood Siding Cooling: Central Air; Electric Exterior Features: None Fencing: Gate; Partial; Split Rail; Wood Fireplace Features: Family Room; Gas Log; Living Room Flooring: Carpet; Hardwood; Tile Foundation Details: Block Heating: Central; Propane Interior Features: En Suite; Kitchen Island; Separate Shower; Tub/shower Combo Laundry Features: Electric Dryer Hookup; Laundry Room; Main Level; Washer Hookup Levels: One Listing Terms: Cash; Conventional Lot Features: Agricultural; Corner Lot; Farm; Gentle Sloping; Pasture; Pond on Lot; Wooded; See Remarks Other Structures: Barn(s); Outbuilding; Poultry Coop; Workshop; See Remarks Parking Features: Driveway; Gravel; Kitchen Level; Off Street; Other Patio And Porch Features: Deck; Front Porch; Porch - Covered Possession: Close Of Escrow Property Condition: Fixer Road Frontage Type: County Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Metal; Shingle Sewer: Septic Tank Special Listing Conditions: Standard Structure Type: House; See Remarks Utilities: Electricity Connected; Phone Available; Water Connected; Propane Water Source: Public Waterfront Features: Pond Window Features: Aluminum Frames; Clad; Vinyl Frames; Wood Frames Room Types: Bathroom; Bedroom; Den; Kitchen; Living Room; Office; Primary Bathroom; Primary Bedroom; Utility Room

Contract Information

Listing Contract Date: 2025-12-22
Auction YN: No
Equitable Ownership Interest Listing: No
Property Sub Type: Single Family Residence
Office Exclusive: No

Location Tax and Legal

Street Number: 698
Street Name: Payne Chapel
Street Suffix: Road
County: Walker
State: GA
Postal Code: 30750
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: 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.
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.

Status Change Information

Major Change Timestamp: 2026-03-23T12:36:23Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-23T12:36:23Z
Status Change Timestamp: 2025-12-22

More Information

Fireplace Features

Fireplaces Total: 2
Family Room: Yes
Gas Log: Yes
Living Room: Yes

License Number Info

Listing Agent’s State of Licensure: GA
Listing Agent’s License Number: 203907
Listing Office’s State of Licensure: GA
Listing Office’s License Number: 58336

Room Types

Bathroom Level: First
Bedroom Level: First
Den Level: First
Kitchen Level: First
Living Room Level: First
Office Level: First
Primary Bathroom Level: First
Primary Bedroom Level: First
Utility Room Level: First
Bathroom: Yes
Bedroom: Yes
Den: Yes
Kitchen: Yes
Living Room: Yes
Office: Yes
Primary Bathroom: Yes
Primary Bedroom: Yes
Utility Room: Yes

Location, Tax, and Legal

Parcel Number: 0005 009
Elementary School: Fairyland Elementary School
Middle Or Junior School: Chattanooga Valley Middle
High School: Ridgeland High School
Tax Annual Amount: 5387.99
Tax Legal Description: PTLL 194 10/4 LANDLOT: 194 LANDDIST: 10
Additional Parcels YN: No

Appliances

Electric Water Heater: Yes
Microwave: Yes

Architectural Style

Ranch: Yes

Construction Materials

Wood Siding: Yes

Exterior Features

None: Yes

Fencing

Gate: Yes
Partial: Yes
Split Rail: Yes
Wood: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Agricultural: Yes
Corner Lot: Yes
Farm: Yes
Gentle Sloping: Yes
Pasture: Yes
Pond on Lot: Yes
Wooded: Yes
See Remarks: Yes

Other Structures

Barn(s): Yes
Outbuilding: Yes
Poultry Coop: Yes
Workshop: Yes
See Remarks: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

County Road: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Sewer

Septic Tank: Yes

Special Listing Conditions

Standard: Yes

Utilities

Electricity Connected: Yes
Phone Available: Yes
Water Connected: Yes
Propane: Yes

Water Source

Public: Yes

Waterfront Features

Pond: Yes

Cooling

Central Air: Yes
Electric: Yes

Foundation Details

Block: Yes

Parking Features

Driveway: Yes
Gravel: Yes
Kitchen Level: Yes
Off Street: Yes
Other: Yes

Property Condition

Fixer: Yes

Structure Type

House: Yes
See Remarks: Yes

Levels

One: Yes

Patio And Porch Features

Deck: Yes
Front Porch: Yes
Porch - Covered: Yes

Window Features

Aluminum Frames: Yes
Clad: Yes
Vinyl Frames: Yes
Wood Frames: Yes

Flooring

Carpet: Yes
Hardwood: Yes
Tile: Yes

Heating

Central: Yes
Propane: Yes

Interior Features

En Suite: Yes
Kitchen Island: Yes
Separate Shower: Yes
Tub/shower Combo: Yes

Laundry Features

Electric Dryer Hookup: Yes
Laundry Room: Yes
Main Level: Yes
Washer Hookup: Yes

Roof

Metal: Yes
Shingle: Yes

Room Information

Room Name	Level
Living Room	First
Kitchen	First
Den	First
Primary Bedroom	First
Primary Bathroom	First
Bedroom	First
Bathroom	First
Bedroom	First
Office	First
Utility Room	First

Documents

Lead Based Paint Disclosure ›

Survey ›

Listing Office: Keller Williams Realty

Last Updated: March - 23 - 2026

Information deemed reliable but not guaranteed.