1294 Hwy 157

Have you dreamed of owning a short-term rental, but haven't known where to start? Maybe you need a separate mother-in-law suite or art studio? Or are you an investor looking to add a unique property to your portfolio? 1294 Highway 157 on Lookout Mountain is exactly what you've been waiting for. Located a few blocks from the Lula Lake Land Trust, the main home features 2 bedrooms & 1 1/2 baths. From the covered front porch, you'll enter into a sunny living room, complete with gorgeous hardwood floors and a stone fireplace. An additional room on the 1st floor could function as a guest room, play room or office. The upstairs suite has been thoughtfully designed with a large walk-in closet, unique hardwood floors & vaulted ceilings. The modern farmhouse style guest home currently functions as an Airbnb, and will bring in nearly $30,000 in 2022 alone. This guest home is a fully equipped studio apartment with a full-sized kitchen, a breakfast bar, closet and bath. Both homes have lovely back patios, perfect for enjoying a cup of coffee and watching the mountain wildlife. This property is also zoned for the award winning Fairyland Elementary School. The opportunities are limitless with this one-of-a-kind property. *Bedroom, bathroom & square footage listed include the guest home.*