new - 5 days on rocket

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
StatusActive

About 300 Penley Dr

Welcome to 300 Penley Drive, a rare gem in the heart of the enchanting Fairyland neighborhood on Lookout Mountain! Recently fully renovated, and loaded with upgrades. 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 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 the soon be completed alpine wall. New windows, 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 - Make your appointment today!

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

School Info

Assigned Schools Information:

  • Ridgeland High School, Public District Grades 9-12
  • Chattanooga Valley Middle School, Public District Grades 6-8
  • Fairyland Elementary School, Public District Grades PK-5

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

$436K

Med. Price/SqFt

$231

# of Sold Homes

3

300 Penley Dr vs Lookout Mountain

5 DAYS ON ROCKET

$1,450,000

+$1.0M More

$290/SqFt

+$59 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $59/SqFt more than other homes in Lookout Mountain, GA.

Based on homes sold in September 2024

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: 10/18/2024, 12:50:56 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.

Elementary School

school-card-donut-570371
10
/10

  • Fairyland Elementary School

  • 1306 Lula Lake Rd

  • 0.34 miles

  • Public District Grades PK-5

Middle School

school-card-donut-570372
6
/10

  • Chattanooga Valley Middle School

  • 847 Allgood Rd

  • 3.43 miles

  • Public District Grades 6-8

High School

school-card-donut-570373
5
/10

  • Ridgeland High School

  • 2478 Happy Valley Rd

  • 3.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,906. Most Lookout Mountain, GA residents have annual incomes between $35k-100k. The majority of families are married, no kids. Typical level of education for residents 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?

Active Listing: 300 Penley Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 300 Penley Dr are:
Fairyland Elementary School: GreatSchools Rating 10/10
Chattanooga Valley Middle School: GreatSchools Rating 6/10
Ridgeland High School: GreatSchools Rating 5/10

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.

While more than 1 listings in Lookout Mountain, GA in September 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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

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