About 5031 Highway 157
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!
Features of 5031 Highway 157
| MLS® # | 1528076 |
|---|---|
| Price | $240,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 3,318 |
| Acres | 1.13 |
| Year Built | 1977 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 5031 Highway 157 |
|---|---|
| Subdivision | None |
| City | Rising Fawn |
| County | Walker |
| State | GA |
| Zip Code | 30738 |
Amenities
| Utilities | Cable Available, Electricity Connected, Phone Available, Sewer Not Available, Water Connected, Propane |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Eat-in Kitchen, Pantry, Separate Dining Room, Tub/shower Combo |
|---|---|
| Appliances | Water Heater, Electric Range, Dishwasher |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Outdoor Grill, Rain Gutters, Storage |
|---|---|
| Lot Description | Level, Rural |
| Windows | Vinyl Frames, Window Coverings |
| Roof | Shingle |
| Construction | Stone, Wood Siding |
| Foundation | Stone |
School Information
| Elementary | Fairyland Elementary School |
|---|---|
| Middle | Chattanooga Valley Middle |
| High | Ridgeland High School |
Additional Information
| Date Listed | February 6th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |