A stone-and-stucco residence and two additional houses on nearly six acres in the heart of Lookout Mountain — a generational holding shaped by a century of stewardship.
Built when Lookout Mountain itself was being imagined, 301 McFarland is one of the founding estates of the Fairyland community. Native stone, original millwork, twin chimneys, and a private compound layout that almost nothing else inside city limits can match today.
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 three stories from the wooded slope on a base of unhewn local sandstone. Above, painted clapboard siding and tall mullioned windows give the upper floors the lightness the masonry below requires. Inside, two original stone fireplaces anchor the formal living and sitting rooms; 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.”
What you are seeing in these images is not staging. It is what a century of careful stewardship looks like.
Numbers don't make the place — but here they make the case.
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.
Three stories of original stone-and-clapboard architecture. Formal living and sitting rooms with paired original stone fireplaces; an upper level of four bedrooms with mountain views; two-car covered parking. The walkout lower level is a complete independent apartment in its own right — a private entrance, full kitchen, full bath, and stone-walled great room ideal for hosted guests, adult children, or multi-generational living.
A complete single-level home set into the woods 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. Structurally sound and offered as-is — ready for a buyer's cosmetic refresh.
A second complete residence above the main house, set on a native-stone foundation with its own attached garage. Original hardwood floors run throughout — solid, honest construction, offered as-is and ready for the next owner's vision.
Stone walls, original millwork, leaded French doors, and the kind of natural light that comes only from a house oriented to a mountain. Click any image to view at full size, or browse the complete photography below.
Drawn from the seller's file. Buyer to verify all measurements and material facts.
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.
Founded in 1931 and located a half-mile from the property, Fairyland Elementary serves Pre-K through fifth grade. The Georgia Department of Education recognized Fairyland with a Platinum Award for Greatest Gains and a Silver Award for Highest Performing — one of only 51 schools in Georgia to earn both. The Governor's Office designated it an “A” school. U.S. News currently ranks Fairyland #23 among Georgia's elementary schools, with 82% proficiency in both math and reading and a 12:1 student-teacher ratio.
Private showings by appointment. Qualified buyers and buyer-agent inquiries welcomed with the discretion this kind of offering deserves.
