2 months on rocket

Sale Pending

300 Penley Dr, Lookout Mountain, GA, 30750

$1,450,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
4,995 SqFt
$290/SqFt
House

Location

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300 Penley Dr, Lookout Mountain$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt, Gravel, Off Street
Year Built1960
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
FireplaceFamily Room, Gas Log, Gas Starter, Outside, Stone, Wood Burning
MLS #1501584
Lot Size1.76 Acres
StatusSale Pending
(Pending)

About 300 Penley Dr

This house is a must-see! A rare gem in the heart of the enchanting Fairyland neighborhood on Lookout Mountain. Recently fully renovated, and loaded with upgrades, no detail was overlooked. This exceptional home sits on a beautifully leveled, secluded 1.76 acre lot in the middle of Fairyland. The property's prime location allows for easy walks to Fairyland Elementary, Mountain Hall, and the iconic Rock City, while a quick golf cart ride takes you to the Fairyland Club and Lookout Mountain Golf Course. Inside, you'll find luxurious living spaces recently expanded and adorned with high-end finishes. Interior features come complete with professional grade appliances, double dishwashers, scullery kitchen with sub-zero fridge, mud room and dog wash, separate laundry room, heated bathroom floors upstairs and so much more. The exterior has a stunning DaVinci slate composite roof, and copper gutters, all combining to offer timeless elegance. The impressive garden is not only beautiful but low maintenance thanks to all plantings having irrigation, including window boxes, planters and alpine wall. New windows and HVAC, and 3 year old tankless water heater. Acreage like this is hard to find, and it even comes with a custom-built chicken coop! This property truly has it all.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 3
  • Living Area: 4,995 SqFt

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

Interior Features

Interior Information:

  • Appliances: Wine Cooler, Tankless Water Heater, Stainless Steel Appliance(s), Refrigerator, Microwave, Ice Maker, Gas Water Heater, Gas Range, Gas Cooktop, Down Draft, Double Oven, Disposal, Dishwasher, Electric Oven, Bar Fridge
  • Basement: Yes
  • Flooring Type: Slate, Tile
  • Interior: Bar, Beamed Ceilings, Breakfast Bar, Breakfast Nook, Built-in Features, Central Vacuum, Chandelier, Double Shower, Double Vanity, En Suite, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Separate Dining Room, Sitting Area, Tub/shower Combo, Vaulted Ceiling(s)
  • Fireplace: Family Room, Gas Log, Gas Starter, Outside, Stone, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Awnings, Outdoor Grill, Private Yard, Smart Irrigation

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Gravel, Off Street

Lot Features

Lot Information:

  • Lot: Back Yard, Cleared, Gentle Sloping, Level, Near Golf Course, Sprinklers In Front, Sprinklers In Rear, Wooded
  • Lot Size: 1.76 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Go up Lookout Mountain via Ochs Hwy toward Rock City. Take a Right on Lula Lake Rd at the stop sign. Left on Penley. House is on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $6,547
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lookout Mountain, GA.

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Lookout Mountain, GA

City

Med. Sold Price

$549.9K

Med. Price/SqFt

$216

Avg. Days On Market

40

# of Sold Homes

3

300 Penley Dr vs Lookout Mountain

70 DAYS ON ROCKET

+30 Days

$1,450,000

+$900K More

$290/SqFt

+$74 More

KEY TAKEAWAY

This property is $900K more than the Median Sold Price and $74/SqFt more than other homes in Lookout Mountain, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1501584

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 265-0088

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 6:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2012Home Sold
$355,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,547$170,654
2020$4,459$145,370
2018$4,862$145,370
2017$3,171$145,370

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-660366
9
/10

  • Fairyland Elementary School

  • 1306 Lula Lake Rd

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-660367
8
/10

  • Lookout Mountain Elementary School

  • 321 N Bragg Ave

  • 1.51 miles

  • Public District Grades KG-5

school-card-donut-660368
5
/10

  • Rossville Elementary School

  • 1250 Wilson Rd

  • 2.80 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,906. Residents of Lookout Mountain, GA typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 300 Penley Dr

What is the listing price of this property?

The listing price of 300 Penley Dr property is $1,450,000.

What type of property is this?

The property 300 Penley Dr is a house located in Lookout Mountain, Georgia, 30750.

Is this property for sale now?

Sale Pending: 300 Penley Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,547 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2012 for $355,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 300 Penley Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 300 Penley Dr is 4,995 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 300 Penley Dr is 1960.

Rocket Homes›Georgia›Walker County›Lookout Mountain›30750›300 Penley Dr

This home is located at 300 Penley Dr in Lookout Mountain, GA and zip code 30750. This 4,995 square foot home, which was built in 1960, sits on a 1.76 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $1,450,000.

Over 0 listings were sold over their listed price in November 2024 in Lookout Mountain, GA. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Lookout Mountain, GA decreased by 20.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $549,950, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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