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    49 Challenger Way Menlo, GA 30731

    New
    For Sale
    $119,900

    Single Family Residence - Menlo, GA

    Type:Single Family Residence
    Lot size:
    6.90 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 9 at 10:06 am

    Property Features for 49 Challenger Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    RES
    Lot size
    6.90 Acres

    Taxes and HOA fees

    Expense value
    1000
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    ListWithFreedom.com Inc (855) 455-4945 [email protected]

    Listing agent Ralph Harvey (855) 456-4945

    Listing date Dec 3, 2025

    MLS# 7319215 Listing URL

    Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Gated Community

    This 6.9-acre corner lot is situated within the 1500-acre gated community of Lookout Highlands, located atop Lookout Mountain. The residential lot is level and has been soil tested, making it ready for construction. Lookout Highlands comprises 175 estate-sized residential lots and features amenities such as quiet lakes, hiking trails, and waterfalls. The community is located one mile from the McLemore Golf Resort and the new Hilton Curio Collection Hotel. The property is approximately 2 hours from Atlanta, Nashville, and Birmingham, and 35 minutes from Chattanooga. Underground utilities, public water, and fiber optic service with speeds up to 1 gig are available. McLemore's Highlands Course and The Keep, offering cliff-edge holes developed by Bill Bergin and Rees Jones, are less than a mile away. Dining options such as The Canyon Grill, The Creag at McLemore, Lookout Mtn Pizza Company, and Cafe 136 are also nearby. Over 600 acres of common property include stocked lakes, hiking trails, and waterfalls. The HOA fee is $1,000 yearly.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Menlo
    County
    Chattooga
    State
    Georgia
    Longitude
    -85.465239
    Latitude
    34.74158

    Nearby Similar for Sale

    • $250,000
      6,000 SF

      Menlo Commercial Building - Great Location

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      View Details

    FAQs

    What type of property is this?
    Land - 6.9 acre corner lot in Lookout Highlands, ready to build.
    Where is this land located?
    The property is located at 49 Challenger Way Menlo, GA.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - 6.9-acre level lot in Lookout Highlands, a gated community atop Lookout Mountain.; - Enjoy community amenities including lakes, hiking trails, waterfalls, and 600 acres of common property.; - Conveniently located near the award-winning McLemore Golf Resort and the new Hilton Curio Collection Hotel.
    (855) 456-4945
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    Menlo, GA 30731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49 Challenger Way Menlo, GA 30731
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