Welcome to 300 Penley Drive, a rare gem in the heart of the enchanting Fairyland neighborhood on Lookout Mountain! Recently fully renovated, and loaded with upgrades. This exceptional home sits on a beautifully leveled, secluded 1.76 acre lot in the middle of Fairyland. The property's prime location allows for easy walks to Fairyland Elementary, Mountain Hall, and the iconic Rock City, while a quick golf cart ride takes you to the Fairyland Club and Lookout Mountain Golf Course. Inside, you'll find luxurious living spaces recently expanded and adorned with high-end finishes. Interior features come complete with professional grade appliances, double dishwashers, scullery kitchen with sub-zero fridge, mud room and dog wash, separate laundry room, heated bathroom floors upstairs and so much more. The exterior has a stunning slate composite roof, and copper gutters, all combining to offer timeless elegance. The impressive garden is not only beautiful but low maintenance thanks to all plantings having irrigation, including window boxes, planters and the soon be completed alpine wall. New windows, HVAC and 3 year old tankless water heater. Acreage like this is hard to find, and it even comes with a custom-built chicken coop! This property truly has it all - Make your appointment today!