Lookout Mountain Homes with Finished Basement

Lookout Mountain Homes with Finished Basement

Welcome to Lookout Mountain, Tennessee, a hidden gem nestled in Hamilton County that offers breathtaking views, a close-knit community, and a unique blend of natural beauty and suburban charm. Known for its stunning vistas and rich history, Lookout Mountain is a haven for outdoor enthusiasts and families alike. With its proximity to Chattanooga, residents enjoy the tranquility of mountain living while having access to vibrant city life just a short drive away.

One of the standout features of homes in Lookout Mountain is the availability of properties with finished basements. These versatile spaces can serve a multitude of purposes, from cozy family rooms and home theaters to private offices or guest suites. Imagine hosting movie nights or game days in your beautifully appointed basement, complete with plenty of natural light and stylish finishes. Finished basements not only enhance the living space but also provide an excellent opportunity for customization, allowing you to create the perfect environment that suits your lifestyle.

As you explore the real estate options in Lookout Mountain, you'll discover a range of architectural styles, from charming cottages to modern homes, all designed to complement the stunning landscape. Whether you’re looking for a peaceful retreat or a place to raise a family, Lookout Mountain offers a welcoming atmosphere and a sense of community that’s hard to find elsewhere. Embrace the beauty of Tennessee living with a home that features a finished basement, where your imagination can truly take flight!

Newest Lookout Mountain Homes with Finished Basement

$1,499,000
4 Beds ⋅ 4 Baths ⋅ 1539080 MLS
CUSTOM HOME WITH A DESIRABLE TERRACE-LEVEL IN-LAW SUITE OR SECONDARY LIVING SPACE WITH PRIVATE ENTRY IN THE HEART OF LOOKOUT MOUNTAIN, TN! Built in 2016, this custom Hardie and stone home with a 3-bay garage was designed with the wooded setting, natural rock formations and backyard creek in mind. The sellers have further enhanced the curb appeal by adding a stone retaining wall, lush landscaping, stone pathways, and outdoor lighting. The interior is equally impressive with its open floor plan, hardwoods and luxury vinyl flooring, wonderful natural lighting due to the abundance of Anderson clad windows, skylights and solatubes, complimentary natural woodwork, new built-in cabinetry in the great room and lower-level office area, specialty ceilings, the primary suite plus 3 additional bedrooms on the main, and fantastic outdoor living spaces on both levels. Your tour of the home begins with entry from the vaulted, covered front porch where you will find the formal dining room on the left which opens to the spacious great room, breakfast area and gourmet kitchen just beyond. The great room has a beamed ceiling and a woodburning stone fireplace with a raised hearth and wood storage on either side, and an arched doorway leads to a cozy sunroom with skylights and access to the rear Trex deck and one of 2 screened in porches. The gourmet kitchen will delight you with its oversized center island with copper prep sink, granite countertops, stone backsplash, custom cabinetry with pull-out and soft - close drawers, newer stainless appliances including a gas cooktop and convection double wall oven, and a great pantry with built-in shelving. A full guest bath is conveniently located off the kitchen and has a new quartz vanity, as is the garage and the laundry room with built-in workspace and plenty of cabinetry. The primary bedroom is on the back side of the house taking full advantage of the mountain setting. It has a trey ceiling with crown molding, room for a sitting area or or desk, access to the deck, as well as the primary bath with a dual granite vanity, separate shower with 2 shower heads, and a walk-in closet with organizer system, including new built-in shoe storage. The other 2 main level bedrooms share the use of a 3rd full bath which has an elongated dual vanity, a tub/shower combo and a large double-door linen closet. The lower terrace level is versatile and has a new chair lift, offering a multi-generational living option or another gathering space including an open family room, office or sitting area, dining area, and a full 2nd kitchen. There is also a 4th bedroom that is master worthy at 18' X 16' with a shared full bath that also has a new quartz vanity, and a bonus room which is perfect for hobbies or exercise and has access to one of 3 crawl space/storage areas. In addition to separate private exterior access, this level also has a sliding glass door to a huge screened in porch with steps down to the fenced back yard and overlooking the creek providing a wonderful setting to relax or entertain. The garage is oversized with epoxy flooring, overhead shelving and extra storage closets, and the whole house generator is another wonderful feature as are the 3 refrigerators! Simply a wonderful opportunity for the buyer seeking a rustic-chic mountain home only minutes to downtown Chattanooga, so please call for more information and to schedule your private showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

125 Fleetwood Drive, Lookout Mountain
$1,475,000
3 Beds ⋅ 4 Baths ⋅ 1538113 MLS
Fabulous, move in ready, updated home in heart of Lookout Mountain, TN! On a .73 acre lot, home has great curb appeal plus an amazing rear patio and back yard. A lovely foyer leads you into the main living spaces. The light-filled eat-in kitchen features white cabinetry, quartz counters, updated stainless appliances, a built-in desk nook and is open to the most comfortable fireside family room. There is a bar area with double refrigerator drawers in the family room. Both the family room and the fireside living room provide French door access to the inviting rear patio. There is a light filled separate dining room that is most appealing. These are all great areas for relaxing and entertaining! The spacious master bedroom suite is on the main level and has a wall of built-ins, 4 closets, including one walk-in, and the primary bath with dual vanities, free standing soaking tub, and separate shower with tile and glass surround. Upstairs are 2 additional extra large bedrooms and an updated bath between. Each of these bedrooms has access to great walk-in attic storage. The lower level, daylight rec room/exercise room/play room could also serve as a 4th bedroom/guest suite as there is a full bath and closet. Easy everyday access to the home is provided through a large, well designed mud room that features ample storage, a mini split system, side and rear doors to the driveway and patio, wonderful laundry room, and powder room. The well appointed home has hardwood flooring on all floors, designer lighting and window treatments, 2 fireplaces, 2 walk in attics for potential expansion, security system, and irrigation system. The large lot is beautifully landscaped, and the back yard is fully fenced with spacious rear patio overlooking lush backyard and putting green. This home truly offers so much....wonderful neighborhood, curb appeal, move-in condition, easy flow floor plan! Make your appointment to see it today!

73 W Bartram Road, Lookout Mountain
$619,000
4 Beds ⋅ 3 Baths ⋅ 1536026 MLS
Fairyland Elementary, wooded walking trails, and a beautifully renovated home tucked among the trees - this is the Lookout Mountain lifestyle buyers dream about. Storybook living awaits in this beautifully renovated Lookout Mountain retreat, where timeless charm, thoughtful craftsmanship, and an unbeatable location come together to create something truly special. Tucked away among the trees in one of the mountain's most convenient locations, this home offers the rare ability to be just minutes from Lookout Mountain's beloved attractions, restaurants, parks, and amenities while feeling completely removed from it all. From the moment you arrive, you'll understand why this property is so unique. Surrounded by mature landscaping and seasonal blooms, it feels like a private mountain escape designed for everyday living. Inside, every inch of the home reflects an incredible level of care and attention to detail. The renovation was not simply an update--it was a complete reimagining of the home with comfort, function, and quality at the forefront. The spacious primary suite serves as a true sanctuary, featuring vaulted beadboard ceilings, large windows, private deck access, and a luxurious en-suite bath with heated floors, a large walk-in shower, double vanity, and dedicated makeup station. If heated bathroom floors don't tell you the level of care that went into this home, nothing will. The heart of the home is warm and inviting, with custom soft-close cabinetry, pull-out drawers, granite countertops, bar seating, hardwood floors, and a cozy gas fireplace that anchors the family room. Large windows throughout bring in natural light while framing beautiful wooded views that make you feel like you're living among the treetops. The rear deck is nothing short of magical. Elevated into the surrounding canopy, it creates the feeling of living within the forest itself. With birdsong replacing city noise and mature trees stretching in every direction, it's the kind of space that slows time down and reminds you why people dream of mountain living. The flexibility of this home is equally impressive. The finished lower level includes a full bathroom, additional bedrooms, and an enormous bonus space with a closet and private exterior entrance. Whether you envision a media room, home gym, playroom, guest suite, apartment, or multi-generational living space, the possibilities are nearly endless. Families will especially appreciate one of the neighborhood's most charming features: children can walk to Fairyland Elementary along a picturesque trail that feels straight out of a storybook. It's the kind of everyday experience that makes Lookout Mountain such a special place to call home. Beyond its beauty, the home offers peace of mind with extensive upgrades including Hardie Board siding, a metal roof, double-pane windows installed in 2019, new HVAC and water heater in 2019, blown-in attic insulation, an encapsulated crawlspace with dehumidifier, underground utilities, city sewer, an asphalt driveway with parking for five or more vehicles, a detached garage/workshop, and a professionally installed irrigation system that helps ensure the picturesque landscaping and seasonal blooms remain as beautiful as the day you first see them. This is more than a home--it's the mountain lifestyle so many dream about: private yet connected, beautifully updated yet full of character, and perfectly positioned to enjoy everything that makes Lookout Mountain one of the region's most beloved communities.

508 Mcfarland Road, Lookout Mountain
$2,500,000
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
$939,000
4 Beds ⋅ 3 Baths ⋅ 1534733 MLS
Experience mountain living at its finest in this beautifully remodeled 4 bedroom, 3 bathroom home offering 3,409 square feet of living space on over an acre of land. Every detail has been thoughtfully updated, combining modern comfort, quality craftsmanship, and the warmth of mountain style. The main floor features vaulted ceilings, a welcoming living room with a gas-starting, wood-burning fireplace including a custom built-in complete with custom tile and a mini fridge, perfect for entertaining or relaxing. The gourmet kitchen serves as the heart of the home with high-end finishes, ample workspace, and a walk-in pantry, blending function and style seamlessly. The second living area, also on the main floor offers a comfortable, light-filled space perfect for casual gatherings, reading, or a simple retreat from the other main living spaces. Its open layout connects easily to the main living spaces while still providing a sense of privacy and quiet. The primary suite, which sits behind the secondary living room offers a custom walk-in closet and a spacious bathroom with a soaking tub and large shower, creating a private retreat. A dedicated office and laundry room complete the main level with access to the outdoor spaces as well. The lower level includes three additional bedrooms, a full bathroom, and a third living area, offering plenty of space for guests or family. Outdoor living shines with over 1,400 square feet between the porches and patios, including a wood-burning outdoor fireplace--a perfect spot to gather and take in the mountain air. One of the community's highlights is its warm, respectful neighbors, who enhance the comfort and ease of mountain living. With all new systems and a complete remodel throughout, this home offers the ideal blend of modern comfort and timeless mountain charm. Please schedule your private showing today.

1815 Lula Lake Road, Lookout Mountain
$1,100,000
4 Beds ⋅ 4 Baths ⋅ 1534652 MLS
Fantastic opportunity in the heart of Lookout Mountain, TN. This 4-bedroom, 3.5 bath cottage-style home is nestled on a private .7 +/- acre lot and enjoys a lush, wooded setting with a creek and access to the adjoining 5 +/- acre Natural Bridge Town Park, so it feels wonderfully secluded, yet you are within walking distance of Lookout Mountain Elementary School, The Commons community recreation center, and the town business district with such mountain treasures as Massey's Cafe, the Canopy Coffee Bar and the Mountain Market. Built in 1930, this inviting home has undergone several renovations over the years and now boasts both a primary suite on the main level, an oversized garage and multiple outdoor living spaces that take full advantage of the setting and add to the exterior appeal. You will be equally impressed with the interior which features heart of pine floors, wonderful built-ins, plantation shutters, spacious rooms and an inviting atmosphere which will immediately draw you in. Your tour of the main level begins with entry to the foyer which has access to a convenient mudroom and leads to the family room on the right, and the kitchen and dining on the left. The family room will quickly become a favorite spot in the house with its stacked stone woodburning fireplace and French doors to the expansive rear deck and patio with firepit which is perfect for everyday living and entertaining. The hallway to the kitchen has a pantry, powder room, built-in lockers and another door to the deck and the breezeway to the garage. The kitchen has great natural lighting, a raised breakfast bar, newer stainless appliances and is open to the dining room, which in turn has access to the office. The primary bedroom suite is on the opposite side of the main level and boasts a primary bath with a dual vanity, jetted tub, separate shower and a walk-in closet with washer/dryer hook-ups. The upper level has a full bath with a tiled shower and 2 additional bedrooms, one with an adjoining sunroom that makes a nice reading room or another office. Head downstairs to the daylight basement where you will find a bonus room with French doors to a deck overlooking the creek and terraced side yard, as well as a 4th bedroom and another full bath and could easily be utilized as an in-law suite if desired. If storage is important, then you will love the oversized garage which offers a single bay, a workshop area and amazing storage. This is truly a special property that is perfect for the discerning buyer seeking an inviting home with a quintessential mountain setting, so please call for more information and to schedule your private showing today. Information. Is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

508 Scenic Highway, 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
$3,200,000
4 Beds ⋅ 4 Baths ⋅ 1530760 MLS
Family owned since 1977, this mid-century Lookout Mountain brow home offers a unique opportunity for the buyer seeking a premier brow estate with 3 parcels totaling over 5.19 +/- acres offering views, privacy, a wet weather creek, natural rock formations and endless potential. The sellers have completed many recent improvements, such as adding additional stone to the exterior and sanding and staining the beautiful carport to enhance curb appeal, replacing the HVAC units and more, but this 4 bedroom, 4 bath, one-level over a daylight basement also boasts many of the original desirable mid-century features, such as gorgeous hardwoods, stone, brick and marble tile flooring, solid wood paneling, crown moldings, multiple built-in features, 5 fireplaces, and wonderful windows everywhere you look that take full advantage of the views and provide warm natural lighting on both levels. The home has a great flow for entertaining, and your tour begins with entry to a large foyer that has a wall of windows to the main patio area with an outdoor fireplace, a pass-through wet bar to the den and access to the large formal living room. The living room has a fireplace and amazing views and adjoins the formal dining room. The handsome den also has a fireplace, the wet bar with ice maker, beautiful wood paneling, built-ins and double doors to the breakfast room and kitchen. The laundry room is off of the breakfast area as is the access to the double carport for easy loading and unloading and everyday ingress and egress. The kitchen adjoins the sunroom which will quickly become a favorite spot in the house. The primary suite is located on the back and enjoys the brow view, has a gas fireplace and the primary bath with a dressing area that has multiple built-ins. It has its own tub/shower, but there is also a separate shower that is shared with the guest bedroom. The guest bedroom also has access to the hall powder room. There are two staircases to the lower level - one off the kitchen and one from the primary suite. This lower level has a large central family/playroom with another fireplace, 2 en suite bedrooms with sitting areas, and amazing walk-out storage. There are also 3 exterior doors to the lower-level patio areas so this wonderful setting can be enjoyed by all. Simply a once in a lifetime opportunity for the discerning buyer seeking an acreage property on the Lookout Mountain brow, so please call for additional information and to schedule a private showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

1001 Fleetwood Drive, Lookout Mountain
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