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5031 Highway 157, Rising Fawn, GA 30738

None · Walker County

Key Facts

4Beds
4Baths
3,318Sq Ft
1977Year Built
1.13Lot (acres)

Description

Serious investment potential here! Either to build equity while enjoying the mountain life, or as a rental property/whether short or long term! With Covenant College only 10-15 minutes away, this could be a major money maker as a student rental property! Lots of improvements made, but still some work to do. But there's so much potential! There are also multiple storage buildings. Come visit and see for yourself!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Structure Type

House

Year Built

1977

Living Area

3,318 sq ft

Lot Size

1.13 acres

Lot Dimensions

115x430

MLS® Listing#

1528076

Property Features

Interior

Ceiling Fan(s)Eat-in KitchenPantry

Exterior

Outdoor GrillRain GuttersStorage

Appliances

Water HeaterElectric RangeDishwasher

Cooling

Central AirCeiling Fan(s)

Heating

Central

Flooring

Carpet

Parking

Off Street

Laundry

Laundry RoomMain Level

Patio

PatioPorchCovered

Lot Features

Level

Construction

StoneWood Siding

Foundation

Stone

Roof

Shingle

Windows

Window Coverings

Other Structures

OutbuildingStorage

Utilities

Cable AvailableElectricity ConnectedPhone AvailableSewer Not AvailableWater ConnectedPropane

Sewer

Septic Tank

Water Source

Public

Rooms

  • First
  • BathroomSecond
  • BathroomFirst
  • BathroomSecond
  • BedroomFirst
  • BedroomSecond
  • BedroomSecond
  • Bonus RoomFirst
  • Dining RoomFirst
  • Family RoomSecond
  • KitchenFirst
  • LaundryFirst
  • Living RoomFirst
  • Master BedroomFirst

Schools

Elementary:
Fairyland Elementary School
Middle:
Chattanooga Valley Middle
High:
Ridgeland High School

Financial Details

HOA

None

Annual Taxes

$2,308

Parcel Number

0009 006

Directions

Hwy 193 south, turn right on Nick-a-Jack Road and go up to top of mountain. Turn left onto Hwy 157, home will be on the left

Affordability Calculator

$48,000

Estimated monthly payment

$1,277/mo

Principal $192,000 · Est. interest $267,857 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Rising Fawn, GA

$510,000
Median Listing Price
45
Median Days on Market
2,189
Median Sq Ft
$268
Median Price / Sq Ft
31
Active Listings
  • This home’s price is 53% below the area median.
  • Its price per sq ft is 73% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Rising Fawn, GA.

Location

Map showing the location of 5031 Highway 157, Rising Fawn, GA 30738

Getting Around

Walk
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Points of Interest in Rising Fawn, GA

Showing the Rising Fawn area map.

Nearby Schools

  • Chattanooga Valley Middle School

    Secondary · 5.1 mi away

  • Chattanooga Valley Elementary School

    Elementary · 5.7 mi away

  • Mountain View Head Start

    School · 5.7 mi away

  • Dade County High School

    Secondary · 5.8 mi away

  • Dade Elementary School

    Elementary · 6.0 mi away

  • Chickamauga Elementary School

    Elementary · 6.2 mi away

  • Gordon Lee High School

    Secondary · 6.3 mi away

  • Chickamauga City School District

    School · 6.3 mi away

  • Dade Middle School

    Secondary · 6.4 mi away

  • Cherokee Ridge Elementary

    Elementary · 6.8 mi away

  • Oakwood Christian Academy

    School · 7.3 mi away

  • Ridgeland High School

    Secondary · 7.6 mi away

  • Fairyland Elementary School

    Elementary · 7.8 mi away

  • Davis Elementary School

    Elementary · 8.2 mi away

  • Stone Creek Elementary School

    Elementary · 8.6 mi away

  • Saddle Ridge K-8

    Elementary · 9.2 mi away

  • Rossville Elementary School

    Elementary · 9.2 mi away

  • Good Shepherd School

    School · 9.3 mi away

  • Lookout Mountain Elementary School

    Elementary · 9.6 mi away

  • Catoosa Performance Learning Center

    School · 9.7 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
189 Bradford Lane, Rising Fawn, GA$219,900321,200
2717 Scenic Highway, Rising Fawn, GA$309,900321,586
213 S Moore Road, Rising Fawn, GA$310,000321,472

Moving Cost Estimate

EXIT Agents in Rising Fawn

Listing Courtesy: Nu Vision Realty - 4235513948

Listings courtesy of Greater Chattanooga Association of Realtors. This IDX information is provided exclusively for consumers’ personal, non-commercial use. This information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Greater Chattanooga REALTORS®. MLS® Listing#1528076. © 2026EXIT Realty®. All rights reserved.