Active Under Contract191 days listed
124 S Stewart Lane, Rising Fawn, GA 30738
- 3bd
- 3ba
- 2,434SF
- 3.69ac lot
FMLS #7755939 · Listing Provided By Lookout Real Estate, LLC · 423-681-8778 · Listing agent Tricia Peddicord
About this home
Contracted under a "First Right of Refusal"... Escape the city noise to a peaceful, parkland setting of your own! Nestled on a pristine mountainside, this sprawling, three-story log home sits on 3.69 acres or 7.17 acres, if you choose to purchase the adjoining parcel. Located in the popular gated community of Cloudland at Lookout Mountain, the stunning home is perfectly tucked in a quiet cul-de-sac. Enjoy total peace of mind in an impeccably kept residence that needs absolutely nothing. The property comes complete with an American Home Shield Warranty (Goldshield), a brand-new energy-saving HVAC system, a brand-new architectural shingle roof completed June 2026 and sound mechanical systems. This home is built to last, the masonry and stonework foundation ensures no logs touch the earth. The logs themselves have been meticulously maintained by the owners and include a transferable protection program and a pest-free guarantee. You’ll absolutely love spending time outdoors, starting with the inviting front porch that wraps around the home to an expansive, party-ready back patio. Here, you can soak in the multi-person jacuzzi spa, relax by the stone fire pit, or let your pets roam freely in the chain-link fenced yard. The parcel itself features highly desirable level-to-gentle slopes. There is an adorable fish pond on the property, sit by for recharging. Step inside and feel instantly at home. The smart, open floor plan is anchored by a large country kitchen that is perfect for entertaining. It boasts genuine butcher-block countertops, a genuine copper farmhouse sink, and a stone-accented wrap-around island. The living area glows with natural light, showcasing a rock-adorned corner gas fireplace, the soft ambiance of natural wood, and airy vaulted ceilings open to the loft above. The main-level primary suite is a true retreat, offering a large walk-in closet, a double vanity, a walk-in shower, and a jetted soaking tub. Upstairs, you will find bedrooms two and three, a full bathroom, a charming loft sitting area, and the control pad for the whole-house alarm system (a $7,000 value). Downstairs, the ground-floor recreation room features a generously sized storage area and a working pot-belly wood stove. During the colder months, the heat from this stove naturally rises, providing a cozy supplemental heating option for the upper living areas. The gated community neighborhood exudes an upscale country vibe with elegant landscaping, fencing, and lantern-lined roads. Community walking trails adjoin your property and connect directly to the Cloudland Canyon State Park, making it a dream for nature lovers and hikers. You are also just minutes from local attractions including the McLemore Resort and Golf Club, world-class dining, Ruby Falls, Rock City, and Lula Lake—all while being a scenic convenient 20-mile drive from the vibrant activities of downtown Chattanooga. This property is also being offered as a complete 7.17-acre package, combining Lot 37 (3.69 acres) and the adjoining Lot 36 (3.48 acres, optional lot Legal description: PTLL 8 11/4 LOT 37 CLOUDLAND @ LOOKOUT MGN) for $599,900. These two parcels together offer an expansive sanctuary with plenty of room for gardening, further development, watching the abundant local wildlife, or an investment holding- in the marvelous community.
How this list price compares in Rising Fawn
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active Under Contract
- Bedrooms
- 3
- Full baths
- 2
- Half baths
- 1
- Living area
- 2,434 SF
- Lot size
- 3.69 acres
- Year built
- 2007
- Levels
- Three Or More
- Main-level bedrooms
- 1
- Garage spaces
- 2
- Parking
- Attached, Covered, Driveway, Garage, Garage Faces Side
- Style
- Chalet, Country
- Construction
- Concrete, Log, Stone
- Roof
- Composition, Shingle
- Flooring
- Carpet, Ceramic Tile, Hardwood
- Heating
- Central, ENERGY STAR Qualified Equipment
- Cooling
- Ceiling Fan(s), Central Air
- Fireplaces
- 2
- Appliances
- Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Lot
- Cul-De-Sac, Level, Pond on Lot, Private, Wooded
- Community
- Gated, Near Trails/Greenway, Other
- HOA
- $1,300 annually
- Annual tax
- $436 (2025)
- County
- Dade
Assigned schools
- HighDade County
- MiddleDade
- ElementaryDade
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $569,900 and this week's average rate. Change anything to see your number.
$4,006/mo
- Principal and interest
- $3,523
- Property tax
- $36
- Home insurance
- $125
- Mortgage insurance
- $214
- HOA dues
- $108
- Loan amount
- $512,910
- Cash down
- $56,990
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Lookout Real Estate, LLC, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active Under Contract) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
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- multifamily cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily investment calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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