Lookout Mountain Homes under $500,000

Lookout Mountain Homes under $500,000

Welcome to Lookout Mountain, Georgia – a hidden gem that offers picturesque views, a tight-knit community, and a lifestyle that perfectly balances tranquility and adventure. Nestled atop the Appalachian Mountains, Lookout Mountain is renowned for its stunning natural beauty, with breathtaking vistas that stretch for miles. Whether you’re hiking the enchanting trails of Lookout Mountain Preserve or exploring the iconic Rock City Gardens, this charming city is a nature lover’s paradise.

Lookout Mountain boasts a rich history and a vibrant culture, making it a wonderful place to call home. The area is known for its friendly residents and a strong sense of community, where neighbors become friends and local events foster connections. From art festivals to farmer’s markets, there’s always something happening in this delightful mountain town.

For those seeking a home in Lookout Mountain, you’ll be pleased to know that there are options available under $500,000. These homes offer an excellent opportunity to invest in a serene lifestyle without breaking the bank. Picture yourself in a cozy cottage or a charming bungalow, all while enjoying the breathtaking surroundings that this area has to offer. With a variety of properties available, you can find the perfect blend of comfort and style that suits your needs.

Experience the best of both worlds in Lookout Mountain, where nature meets community, and affordable living is within reach. Discover your dream home in this enchanting city and embrace the mountain lifestyle that awaits you!

Newest Lookout Mountain Homes under $500,000

22 Mount Olive Road, Lookout Mountain
$250,000
3 Beds ⋅ 1 Baths ⋅ 1545357 MLS
A piece of Lookout Mountain's past is ready for its next chapter. At 22 Mount Olive Road in Lookout Mountain, Georgia, a broad front porch and traditional character offer an inviting starting point for investors and developers with a vision for what comes next. Restore the existing home and bring new purpose to its history, or explore a new direction for the parcel, subject to applicable zoning and approvals. Near Lula Lake Road and the entrance to Lula Lake Land Trust, the property sits within a growing corridor of residential and commercial activity, connecting its mountain setting with an evolving investment landscape. For the buyer who sees potential in both an existing structure and the land beneath it, this is an opportunity to shape a property's future while drawing on the character of its past. Priced to sell; all offers are encouraged. One-day property tour: November 7, 2026. Bring your plans, explore the property, and envision its next chapter.

22 Mount Olive Road, Lookout Mountain
100 Scenic Highway 49, Lookout Mountain
$500,000
2 Beds ⋅ 2 Baths ⋅ 1542657 MLS
Fantastic opportunity in the Stonedge Condo community on Lookout Mountain! This walk-up, 2 bedroom, 2 bath unit boasts a traditional floor plan with a great flow, a private elevator, an attached single garage, brand new windows, a stackable washer and dryer and new foametix insulation in the attic. Entry to the condo is from a ground level shared front brick patio to the foyer which has access to the garage, elevator and also a rear covered patio area. As you reach the landing, there is a large guest bedroom and a full guest bath on the right with the living areas and primary suite to the left. The sunny kitchen features great cabinet storage, granite countertops, subway tile backslash, under-cabinet lighting, stainless and white appliances, the stackable washer/dryer, a buffet/folding counter and access to the formal dining room. The dining room is wonderfully spacious and opens to both the living room and the sunroom providing a nice flow for entertaining and everyday living. The living room has a cozy gas fireplace, while the sunroom with its tree house like setting will definitely become a favorite spot in the home. The primary bedroom has 3 closets, including a walk-in closet that has shared access to the primary bath. The primary bath has a quartz vanity and a tub/shower combo, and the guest bath also has a newer vanity with a separate shower. A floored attic offers additional storage. The community is located on the coveted eastern brow and offers a pool with stunning views and surrounding natural rock formations, a clubhouse, guest parking and is only 15 minutes from downtown Chattanooga, so please call for more information and to schedule your private showing. Day before notice is required. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

100 Scenic Highway 49, Lookout Mountain
154 G Founding Way, Lookout Mountain
$359,000
2 Beds ⋅ 2 Baths ⋅ 1542215 MLS
CHARMING COTTAGES. ICONIC MOUNTAIN LIVING... Welcome to 154-G Founding Way located in the highly sought-after mountain community The Cottages at Brow Wood. This newer built home sits on a premium lot offering privacy and beautiful surrounding views. This beauty is BETTER THAN NEW! The current owners added just about every upgrade the builder offered including hardwood flooring, crown molding, kitchen island, tray ceilings, gorgeous granite tops, there are many upgrades & functional fixtures throughout this lovely home. Discover refined cottage living, breathtaking surroundings and a lifestyle designed to savor every moment! Enjoy the convenience of Chattanooga's vibrant attractions & amenities at your fingertips. The area also offers exceptional coffee spots, breweries, art district and a fine dining scene. 'Elevated living has a new address: Cottages at Brow Wood' Schedule your private tour today!

154 G Founding Way, Lookout Mountain
184 Middle Road, Lookout Mountain
$339,000
3 Beds ⋅ 2 Baths ⋅ 1541621 MLS
Welcome to 184 Middle Road, a beautifully designed modern craftsman cottage offering the ultimate one-level mountain lifestyle on coveted Lookout Mountain, Georgia. This 3 bedroom, 2 bath home is tucked away on a scenic, serene lot surrounded by towering mature trees, perfectly balancing peaceful privacy with everyday convenience. Your tour begins with entry to an airy, open-concept floor plan designed for effortless living and entertaining, anchored by a functional kitchen with rich granite countertops, a large center island, an abundance of cabinet space, and stainless steel appliances. The split-bedroom layout ensures maximum privacy, highlighted by a spacious primary suite with its own private elevated deck, the perfect spot for morning coffee or evening stargazing, and a convenient staircase leading directly down to the sprawling, fully fenced backyard. The large, shade-filled backyard offers a safe haven for pets, play, or gardening under a canopy of mature trees. While you will feel worlds away in your private mountain oasis, you are only minutes from Lookout Mountain's premier amenities, including nearby hiking trails and scenic Lula Lake Land Trust for outdoor adventure, mountain favorites like Mountain Market, Massey's Kitchen, and Canopy Coffee and Wine Bar for local dining and coffee, and less than a 25-minute drive to the bustling heart of downtown Chattanooga. Whether you are seeking a full-time mountain residence, a low-maintenance retreat, or a lucrative rental asset, this Lookout Mountain gem is a rare opportunity for the buyer ready to enjoy mountain living without sacrificing convenience, so call today to schedule your private tour. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

184 Middle Road, Lookout Mountain
89 Alexander Way, Lookout Mountain
$289,000
4 Beds ⋅ 3 Baths ⋅ 1539971 MLS
This amazing updated home on a Private lot on top of Lookout Mountain, features 4 bedrooms and 3 full bathrooms. Sitting on Flat level .63 acre lot. Kitchen and Living are are open concept. Stainless steel appliances. Butcher block countertops. LVP throught the home. Metal roof with new gutters. All 4 bedrooms are large in size. The Master is on front left side with nice size on suite full bathroom. 2 bedrooms to the right that share a full bath and an additonal bedroom in the back of the home with a full on suite bath as well. Laundry room off the kitchen. French doors leading out to the back deck to enjoy the summer and fall weather! This home is ideal for the Lineman in Training in Trenton Ga. It is also minutes from Covenant College! Motivated Seller!! Seller will give up to $10,000 in buyer concessions at closing.

89 Alexander Way, Lookout Mountain
1294 Highway 157, Lookout Mountain
$360,000
3 Beds ⋅ 3 Baths ⋅ 1539825 MLS
This property offers several excellent possibilities for your family. Whether you need an in-law apartment, a multi-generational space, a separate area for a college student, or the option to generate long-term or short-term rental income, this home can accommodate your needs. The main house features 3 bedrooms, 1.5 baths, hardwood floors, and a kitchen equipped with a gas stove and dishwasher, totaling approximately 1,524 square feet. It also includes a deck perfect for enjoying morning coffee or grilling, alongside a yard for outdoor space. Additionally, there is a separate studio apartment offering approximately 440 square feet with an open floor plan includes kitchen with stove and refrigerator, and full bath. The property is conveniently located near the town of Lookout Mountain and close to Covenant College and Cloudland Canyon State Park.

1294 Highway 157, Lookout Mountain
51 Krupski Loop, Lookout Mountain
$340,000
3 Beds ⋅ 3 Baths ⋅ 1539601 MLS
Welcome to 51 Krupski Loop, a beautifully renovated home on Lookout Mountain, Georgia. Offering 1,594 square feet, this move in ready property features 3 bedrooms and 3 full bathrooms with updates throughout. The former carport has been converted into a spacious primary suite, creating a more functional floor plan. Major improvements include a new roof, new HVAC system, new water heater, all new appliances, and other extensive renovations, making this home ready for its next owner. Conveniently located near Covenant College, this home is just minutes from hiking, mountain biking, scenic overlooks, and the many outdoor activities that make Lookout Mountain such a sought after destination. Downtown Chattanooga is also just a short drive away. Whether you're searching for a primary residence, a weekend retreat, or an investment opportunity, this property offers plenty of potential. Its location and updates make it an excellent option for a long term rental or short term rental, subject to local regulations and buyer verification.

51 Krupski Loop, Lookout Mountain
1573 Georgia 157 30750, Lookout Mountain
$349,000
4 Beds ⋅ 2 Baths ⋅ 1538597 MLS
Discover the perfect blend of mountain living, versatility, and income potential with this home! Situated on approximately 1.36 partially wooded acres, this unique property features a charming 2-bedroom, 1-bath main home along with a separate 2-bedroom, 1-bath apartment above the detached two-bay garage--ideal for multi-generational living, guests, or generating rental income. The main home offers beautiful hardwood floors, an inviting open floor plan, and a spacious kitchen with a center island that flows effortlessly into the dining and keeping room. A vaulted wood ceiling, abundant natural light, and a peaceful sunroom create warm, comfortable living spaces you'll enjoy year-round. Step outside to the expansive rear deck overlooking a tranquil natural setting where you can relax to the sounds of a seasonal creek. The detached garage provides plenty of room for vehicles, storage, or a workshop, while the upstairs apartment offers privacy with its own deck and separate utility metering, making it an excellent opportunity for long-term tenants, short-term rentals, or extended family. Located just 10 minutes from the heart of Lookout Mountain and only 25 minutes to downtown Chattanooga, you'll enjoy the peace and privacy of mountain living without sacrificing convenience. Whether you're looking for a primary residence with additional income, an investment property, or a flexible family retreat, this one-of-a-kind property offers endless possibilities.

1573 Georgia 157 30750, Lookout Mountain
34 Founding Way Unit C, Lookout Mountain
$365,000
2 Beds ⋅ 2 Baths ⋅ 1532280 MLS
Welcome to Cottages at Brow Wood! This well designed neighborhood offers the ease of single family living with open concept townhomes. This unit has 2 bedrooms, one of which can be used as a den, 2 full bathrooms, kitchen with the addition of an island, large living room that opens onto a covered porch. There is also a flex room which could be an office, workout room or a cosy reading room. A private, fenced courtyard offers space for a grill, seating and planting beds. A hallway from the kitchen has laundry hookups and leads to the 2 car garage. An attic pull down has good storage space with added insulation. Upgrades to this unit include the kitchen island, screened door to the garage, shelving in the closests, glass shower door in primary bathroom and accessibility bars and custom made window blinds. All appliances will remain including the refrigerator and washer/dryer.

34 Founding Way Unit C, Lookout Mountain
92-I Founding Way 23, Lookout Mountain
$399,900
3 Beds ⋅ 3 Baths ⋅ 1530466 MLS
Enjoy living beautifully in this New Construction, No Maintenance Townhome atop Lookout Mountain at The Cottages at Brow Wood near Thrive at Brow Wood. This exclusive townhome community blends natural serenity with modern luxury. Nestled amidst mature trees, our open-concept floor plans offer expansive outdoor living, perfect for enjoying breathtaking mountain views. With Chattanooga's vibrant attractions just moments away--Lookout Mountain Country Club, Cloudland Canyon, and the Incline Railway--adventure and convenience are at your doorstep. Discover your elevated lifestyle at The Cottages at Brow Wood.

92-I Founding Way 23, Lookout Mountain
92-G Founding Way 25, Lookout Mountain
$360,000
2 Beds ⋅ 2 Baths ⋅ 1530465 MLS
Enjoy living beautifully in this New Construction, No Maintenance Townhome atop Lookout Mountain at The Cottages at Brow Wood near Thrive at Brow Wood. This exclusive townhome community blends natural serenity with modern luxury. Nestled amidst mature trees, our open-concept floor plans offer expansive outdoor living, perfect for enjoying breathtaking mountain views. With Chattanooga's vibrant attractions just moments away--Lookout Mountain Country Club, Cloudland Canyon, and the Incline Railway--adventure and convenience are at your doorstep. Discover your elevated lifestyle at The Cottages at Brow Wood. The Ashleigh Home Plan begins with a charming exterior that welcomes you into a one level design featuring two bedrooms, two bathrooms and rear covered porch. The kitchen features elegant quartz counter-tops, white shaker panel cabinets with soft close drawers and doors, under cabinet lighting, classic subway tile backsplash and stainless steel appliances. The main bedroom features a trey ceiling and you will find a full tiled shower with bench in the main shower. Maintenance free and mountain living await you. Enjoy hiking, golf and restaurants on Lookout Mountain just minutes away from this gorgeous community.

92-G Founding Way 25, Lookout Mountain
92-H Founding Way 24, Lookout Mountain
$415,000
3 Beds ⋅ 3 Baths ⋅ 1530083 MLS
Lookout Mountain, Georgia - Experience the tranquil beauty of Lookout Mountain at The Cottages at Brow Wood. If you're looking for a new construction home near Thrive at Brow Wood, this exclusive townhome community blends natural serenity with modern luxury. Nestled amidst mature trees, our open-concept floor plans offer expansive outdoor living, perfect for enjoying breathtaking mountain views. With Chattanooga's vibrant attractions just moments away--Lookout Mountain Country Club, Cloudland Canyon, and the Incline Railway--adventure and convenience are at your doorstep. Discover your elevated lifestyle at The Cottages at Brow Wood. The Waverleigh townhome plan is a dynamic layout that features a Sunroom, dining room, walk-in pantry, and a large kitchen looking into the great room. The kitchen is equipped with a large oversized island, tile backsplash, and under cabinet lighting this is sure to make cooking a joy.

92-H Founding Way 24, Lookout Mountain
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