Lookout Mountain Homes with Finished Basement

Lookout Mountain Homes with Finished Basement

Welcome to Lookout Mountain, a picturesque gem nestled in the heart of the Chattanooga metropolitan area. Known for its breathtaking views and vibrant community, Lookout Mountain offers residents a unique blend of natural beauty and suburban charm. The area is renowned for its stunning landscapes, with the majestic Lookout Mountain serving as a backdrop for outdoor enthusiasts and nature lovers alike. With access to hiking trails, rock climbing, and scenic parks, residents enjoy a lifestyle that celebrates the great outdoors.

In addition to its natural allure, Lookout Mountain boasts a rich history and a close-knit community feel. The local schools are highly rated, making it an ideal place for families seeking a nurturing environment for their children. The charming downtown area features delightful shops, restaurants, and cultural attractions, ensuring that residents have everything they need within reach.

For those looking to settle in this enchanting locale, homes with finished basements are a popular choice. These versatile spaces provide endless possibilities, whether you envision a cozy family room, a home office, or a vibrant entertainment area. Finished basements not only enhance the living space but also add value to the property, making them an attractive option for buyers.

Living in Lookout Mountain means enjoying a serene lifestyle without sacrificing convenience. With easy access to Chattanooga's urban amenities, you can relish the best of both worlds. Discover the charm of Lookout Mountain and explore the beautiful homes with finished basements that await you in this idyllic community!

Newest Lookout Mountain Homes with Finished Basement

301 Mcfarland Road, Lookout Mountain
$2,400,000
5 Beds ⋅ 2 Baths ⋅ 1535188 MLS
Set on nearly six acres in the heart of Lookout Mountain's most established residential community, 301 McFarland is one of the original estates of the Fairyland tract -- a stone-and-stucco residence built in the 1920s during the era Garnet and Frieda Carter envisioned the mountain as a place 'where Spring spends the summer.' Today, the property remains exactly what made Fairyland singular from the beginning: a private, walkable, landscape-driven compound, minutes from downtown Chattanooga, Rock City, and Covenant College. The main house spans 3,507 square feet across four full levels with five bedrooms and three full baths. Formal living and sitting rooms are anchored by original stone fireplaces, leaded-glass French doors, and deep wood casings -- a quiet, low-key elegance that newer construction simply cannot reproduce. A third original stone fireplace anchors the lower-level apartment at the base of the staircase. The walkout lower level functions as a fully independent two-level apartment, with its own private entrance opening to a bedroom, living space, and full bath at the upper basement level, and a second lower level holding kitchen, living, and office. A configuration ideally suited to multi-generational living, hosted guests, or a long-term private residence within the residence. Two additional houses sit on the property -- each a complete residence in its own right, with a full kitchen, living room, bedrooms, and full bath. Both are structurally solid with good bones: original hardwood floors, sound construction, and characterful details like an interior stone half-wall in one of them. Both are offered in honest, as-is condition -- ready for a buyer's cosmetic vision rather than priced as turnkey. Outdoors, a fenced in-ground pool sits within a private clearing carved out of mature woodland, surrounded by stacked-stone retaining walls and original landscape features. The offering also includes an additional parcel of land -- bringing the total assembly to appr approximately 5.89 acres across two parcels, a configuration virtually unheard-of inside Lookout Mountain's city limits. Fairyland Elementary, the assigned school, has been recognized by the Georgia Department of Education with a Platinum Award for Greatest Gains and is ranked among the top public elementary schools in the state. Downtown Chattanooga is a 15-minute drive; Rock City and Lula Lake Land Trust are minutes away on foot or bike. 301 McFarland is a generational holding. A property of this scale, with this provenance, in this location, comes available perhaps once in a decade.

301 Mcfarland Road, Lookout Mountain

588 W Brow Road, Lookout Mountain
$3,750,000
5 Beds ⋅ 6 Baths ⋅ 1532489 MLS
Incredible Arts and Crafts style home masterfully constructed in 1913 on the western bluff of Lookout Mountain TN. The home is perfectly situated on a 1.8 acre lot to take advantage of the commanding sunset, valley, and TN River views. A railroad trestle (original to the home) supports the amazing rear viewing deck. This is a wonderful home for entertaining with gracious foyer, living and dining rooms, and library. The home features exquisitely crafted woodwork throughout the formal rooms, 8 fireplaces, Ludowici tile roof, and an enclosed brow side rear porch/living room. There are 5 bedrooms, 5 full baths, and a powder room. The fireside master bedroom has a sitting area, custom dressing room, and adjoining enclosed porch for added living space. A wide gallery hall spans the upstairs. There are front and back stairways and very ample storage. Two of the bedrooms have connecting ante rooms, and each bedroom has its own bath. The brow side kitchen with large picture window features updated appliances, custom cabinetry, and an adjoining breakfast room. A fully floored walk-up attic provides storage galore and leads to a workout room. The full basement features bedroom and bath, two workshops, wine storage room, and laundry room. A circular drive leads to the home and attached 3 car garage. The grounds are beautifully landscaped and include a large fenced area for pets. This property offers so much-great neighborhood and community, unparalleled craftsmanship, historical significance, as well as comfortable spaces for modern family living! Please call for more information on this remarkable property and to schedule a private showing.

588 W Brow Road, Lookout Mountain

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