301 McFarland Road

301 McFarland Road

A native stone and clapboard residence and two additional houses on nearly six acres in the heart of Lookout Mountain — a generational holding shaped by a century of stewardship.

Offered At

$2,500,000

Land

±5.75 acres

Residences

Three Homes

Parcels

Two

Built when the mountain itself was being imagined.

In the 1920s, Garnet and Frieda Carter acquired 700 acres atop Lookout Mountain and commissioned Warren H. Manning — a protégé of Frederick Law Olmsted — to plat what they called Fairyland Estates.

301 McFarland Road is one of the original homes built into that vision. Its native-stone walls, twin chimneys, and heart-pine interior trim share an architectural language with the Fairyland Club and the Chanticleer Inn, both contemporaries of this house, both still standing, both still loved.

The home rises four levels from the wooded slope on a base of unhewn local sandstone. Above grade, painted clapboard siding and tall mullioned windows give the upper floors the lightness the masonry below requires. Below grade, the slope itself made room for a two-level walkout apartment carved into the stone foundation — a bedroom, living space, and full bath at the upper basement level, and a second lower level holding a kitchen, living area, and office. Three original stone fireplaces anchor the home — two in the formal living and sitting rooms above, a third at the foot of the staircase in the apartment below; the staircase rail and door casings remain as the carpenter set them a century ago.

“It was no wave of a magic wand that transformed a mountain wilderness into Fairyland. But so quick, so complete has been the transformation that almost magical results have already been achieved.”

Fairyland Estates · 1924

What you are seeing in these images is not staging. It is what a century of careful stewardship looks like.

A main residence, a private apartment, and two guest houses.

301 McFarland is not a single home but a small estate. The 1920s main house, with its walkout lower level functioning as a complete independent apartment, anchors the property. Two additional houses sit within the grounds — each with its own kitchen, living room, bedrooms, and bath. The main residence is fully and tastefully maintained. The two guest houses are structurally solid and offered honestly as-is, awaiting a buyer's cosmetic vision.

Main Residence

The Main House

6,402 Total Sq Ft · 5 Bedrooms · 3 Full Baths · 4 Levels

3,507 above-grade square feet across the main floor and upstairs, plus an additional 2,895 sq ft of finished living space in the walkout lower-level apartment — 6,402 sq ft of finished space in total. The main floor holds the formal living and sitting rooms with paired original stone fireplaces, a dining room, kitchen, and sunroom; upstairs are four bedrooms with mountain views. Below, a fully independent walkout apartment spans two levels of its own — a private entrance opening to a bedroom, living space, and full bath at the upper basement level, with a second lower level holding kitchen, living, office, and a third original stone fireplace anchoring the base of the staircase. The configuration is ideal for hosted guests, adult children, or true multi-generational living within one home.

The first guest house exterior - a single level home with wraparound deck

Guest House One

The Cottage

980 Sq Ft · 2 Bedrooms · Full Bath · Kitchen · Dining · Living · Laundry

A mid-century addition to the original 1920s estate, this complete single-level home sits at the lower edge of the property. Wraparound wood deck stepping down to the lawn; inside, characterful original stone half-walls anchor the main room. Central HVAC, pine flooring. Structurally sound and offered as-is — ready for a buyer's cosmetic refresh.

The second guest house exterior - stone foundation with attached garage

Guest House Two

The Hillside House

1,109 Sq Ft · 3 Bedrooms · Full Bath · Kitchen · Dining · Living · 1-Car Garage

A mid-century addition above the main house, set on a native-stone foundation with its own single-car garage. Three bedrooms, a full bath, kitchen, dining, and living. Solid, honest construction, offered as-is and ready for the next owner's vision.

A neighborhood that has been itself for a hundred years.

Lookout Mountain is one of the most sought-after residential addresses in the Chattanooga region — a quiet, walkable, wooded city of roughly 1,600 souls perched atop the southern terminus of the Cumberland Plateau. The mountain's 1924 tagline still reads true: “Where Spring spends the Summer.”

301 McFarland Road sits in the heart of the original Fairyland tract, minutes on foot from Rock City Gardens and the Fairyland Club. Lula Lake Land Trust, the Brow, the Bluff Trail, and Sunset Rock are all within a short drive. Downtown Chattanooga — the riverfront, the aquarium, the Bluff View Art District — is roughly fifteen minutes off the mountain.

Within reach

Rock City Gardens1.0 miles · Walking distance
Fairyland Club0.4 miles · Historic 1920s clubhouse
Fairyland Elementary0.5 miles · Platinum-rated
Covenant College1.6 miles · The Castle on the mountain
Lula Lake Land Trust4.0 miles · 8,000+ acres preserved
Sunset Rock2.2 miles · Brow-facing overlook
Downtown Chattanooga15 minutes by car
Chattanooga Airport (CHA)22 minutes

Begin the conversation.

Private showings by appointment. Qualified buyers and buyer-agent inquiries welcomed with the discretion this kind of offering deserves.

A property that requires no introduction on the mountain — only a closer look.

Built when the mountain itself was being imagined.

The estate, in plain figures.

A main residence, a private apartment, and two guest houses.

The Main House

The Cottage

The Hillside House

A century of quiet rooms.

Specifics worth knowing.

A neighborhood that has been itself for a hundred years.

Within reach

Fairyland Elementary — Platinum for Greatest Gains.

Begin the conversation.