Situated on a prime .87-acre level lot with stunning mountain views, this property is located on one of the most sought-after streets in the exclusive McLemore Golf Community. Nestled atop Lookout Mountain, McLemore offers a rare blend of luxury living, championship golf, and breathtaking natural scenery. The renowned Highlands Course, designed by Rees Jones and Bill Bergin, is celebrated for its unique blend of Canyon, Highland, and Cliff holes, including the iconic 18th hole, recognized as one of the best in modern golf. In addition to world-class golfing, residents can indulge in curated experiences, fine dining, and forthcoming resort amenities, including the new Cloudland Lookout Mountain hotel by Hilton’s Curio Collection. This expanding community promises not just a home, but a lifestyle that perfectly balances luxury and adventure, with endless outdoor activities and serene mountain views right at your doorstep. Positioned near Chattanooga, McLemore offers a peaceful mountain escape without compromising accessibility to urban amenities. Buyer responsible for researching and deeming all information correct in regards to the HOA and architectural guidelines. Golf membership required.
Property Details
Property Features
Listing Office:
Office Name: Atlanta Fine Homes Sotheby's International
Office Phone: (770) 442-7300
Listing Agent: Justin Hood
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Golf Course, Mountain(s), Trees/Woods
Lot Features
Lot Information:
Lot: Level, On Golf Course
Lot Size: 0.87 Acres
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: GPS takes you there. Lot on left on rushing water ln. look at power boxes.
Price Information
Listing Price Info
Price Summary:
List Price: $135,000
HOA Fees:
Amount: $2700
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rising Fawn, GA.
This property is $805K less than the Median Sold Price in Rising Fawn, GA.
Based on homes sold in September 2024
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7468884
Listing Office:
Office Name: Atlanta Fine Homes Sotheby's International
Office Phone: (770) 442-7300
Listing Agent: Justin Hood
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$966
Per Month
Principal & Interest
$674
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$225
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$471
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
10
/10
Fairyland Elementary School
1306 Lula Lake Rd
Distance between this listing and this school17.07 miles
Public District Grades PK-5
Middle School
6
/10
Chattanooga Valley Middle School
847 Allgood Rd
Distance between this listing and this school14.22 miles
Public District Grades 6-8
High School
5
/10
Ridgeland High School
2478 Happy Valley Rd
Distance between this listing and this school16.49 miles
Public District Grades 9-12
Assigned Schools
10
/10
Fairyland Elementary School
1306 Lula Lake Rd
Distance between this listing and this school17.07 miles
Public District Grades PK-5
Nearby Schools
3
/10
Gilbert Elementary School
87 S Burnt Mill Rd
Distance between this listing and this school8.99 miles
Public District Grades KG-5
7
/10
Dade Elementary School
306 Wolverine Dr
Distance between this listing and this school9.43 miles
Public District Grades PK-5
Assigned Schools
6
/10
Chattanooga Valley Middle School
847 Allgood Rd
Distance between this listing and this school14.22 miles
Public District Grades 6-8
Nearby Schools
7
/10
Dade Middle School
250 Pace Dr
Distance between this listing and this school9.58 miles
Public District Grades 6-8
4
/10
Lafayette Middle School
419 Roadrunner Blvd
Distance between this listing and this school10.46 miles
Public District Grades 6-8
Assigned Schools
5
/10
Ridgeland High School
2478 Happy Valley Rd
Distance between this listing and this school16.49 miles
Public District Grades 9-12
Nearby Schools
4
/10
Dade County High School
300 Tradition Ln
Distance between this listing and this school8.90 miles
Public District Grades 9-12
6
/10
Lafayette High School
100 Rambler Dr
Distance between this listing and this school11.24 miles
The neighbors living near this home have an average income of $41,183. Most Rising Fawn, GA residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 551 Rushing Water Trl
What is the listing price of this property?
The listing price of 551 Rushing Water Trl property is $135,000.
What type of property is this?
The property 551 Rushing Water Trl is land located in Rising Fawn, Georgia, 30738.
Is this property for sale now?
Active Listing: 551 Rushing Water Trl is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 551 Rushing Water Trl are: Fairyland Elementary School: GreatSchools Rating 10/10Chattanooga Valley Middle School: GreatSchools Rating 6/10Ridgeland High School: GreatSchools Rating 5/10
How much acreage is this property?
The property 551 Rushing Water Trl is 0.87 acres.
Interested in 551 Rushing Water Trl? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 551 Rushing Water Trl in Rising Fawn, GA and zip code 30738. This home sits on a 0.87 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $135,000.
In September 2024, from all listings sold in Rising Fawn, GA there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Rising Fawn, GA increased by 5.7% between August 2024 and September 2024. In September 2024, listings were on the market for 129 days. During the same period, the median list price in this real estate market was $940,000.
From Rocket Homes Real Estate and based on county public records data.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
NASCAR
NASCAR
Hunting
Pro Wrestling
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Oldsmobile
Ram
Chevrolet
Oldies
Classic Country
New Country