Escape to your own slice of mountain serenity in the heart of Northeast Tennessee! This charming 1 bedroom, 1.5 bath cottage with versatile loft space sits on 1.16 private acres with stunning Watauga Lake views -- offering the perfect blend of peaceful retreat and outdoor adventure.
Tucked into a beautifully wooded setting in the desirable Elk River Estates community, this storybook home greets you with timeless cottage charm. A welcoming wraparound covered and screened porch invites you to slow down, sip your morning coffee, and soak in the breathtaking views of Watauga Lake glistening through the trees.
Step inside to discover a bright, open-concept living space anchored by soaring cathedral ceilings, dramatic arched windows that flood the home with natural light, and a cozy wood-burning stove perfect for crisp mountain evenings. The vaulted great room flows seamlessly into the kitchen, creating an inviting space for entertaining or quiet relaxation. Skylights throughout the home enhance the airy, light-filled atmosphere.
The well-appointed kitchen features ample cabinetry, generous counter space, and large windows framing serene wooded views -- making meal prep a pleasure. A spacious main-level bedroom with full bath provides comfortable accommodations.
Upstairs, the spacious open loft offers incredible versatility -- use it as a second sleeping area, home office, art studio, reading nook, or guest retreat. A convenient half bath in the loft adds extra functionality, while skylights and an arched window create a magical, treehouse-like ambiance.
Step outside to enjoy your private backyard fire pit area, perfect for cool evenings under the stars, plus a handy outbuilding for storage, hobbies, or a future workshop.
EXCLUSIVE COMMUNITY PERK: Property owners enjoy access to a private community boat ramp on Watauga Lake -- making it effortless to launch your boat, kayak, or paddleboard whenever the mood strikes. Watauga Lake is renowned for crystal-clear waters, fantastic fishing, boating, swimming, and stunning mountain scenery. Surrounded by the Cherokee National Forest, the area offers endless hiking, biking, and exploring opportunities just minutes from your door.
UNBEATABLE LOCATION: Enjoy the best of mountain living with everything within easy reach -- Elizabethton, TN is just 25 minutes away (~17 miles) for shopping, dining, and historic charm; Bristol, TN/VA is approximately 45 minutes (~33 miles); Boone, NC is about 47 minutes (~33 miles); world-class skiing at Beech Mountain Resort and Sugar Mountain is roughly 1 hour away; and the famous Virginia Creeper Trail in Damascus, VA -- one of the nation's top-rated rail-trails for biking and hiking -- is approximately 50 minutes away.
Whether you're seeking a full-time mountain residence, weekend retreat, or quiet escape from the everyday hustle, this cottage delivers the lake life lifestyle without the lakefront price tag. Properties with private community lake access in this picturesque setting are increasingly rare -- don't miss your chance to own your piece of Tennessee paradise!
Buyer/Buyers agent to verify all information.
For sale
Price cut: $20K (8/20)
$414,000
115 Lonesome Pine Trl, Butler, TN 37640
1beds
890sqft
Single Family Residence, Residential
Built in 2003
1.16 Acres Lot
$393,000 Zestimate®
$465/sqft
$42/mo HOA
What's special
Stunning watauga lake viewsBeautifully wooded settingVersatile loft spaceSoaring cathedral ceilingsBright open-concept living spaceCozy wood-burning stove
- 150 days
- 668
- 58
Zillow last checked:
Listing updated:
Listed by:
Donaven Braun 423-525-9252,
Fathom Realty 888-455-6040
Source: TVRMLS,MLS#: 9995110
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
Dining room
- Level: First
Heating
- Central, Fireplace(s), Propane
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Electric Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Master Downstairs, Laminate Counters, Open Floorplan
- Flooring: Carpet
- Doors: French Doors
- Windows: Double Pane Windows
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 890
- Total interior livable area: 890 sqft
Video & virtual tour
Property
Parking
- Parking features: Gravel, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Screened, Wrap Around
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Water, Mountain(s)
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Privileges
Lot
- Size: 1.16 Acres
- Topography: Level, Sloped
Details
- Additional structures: Shed(s)
- Parcel number: 062h A 020.00
- Zoning: Residential
- Other equipment: Dehumidifier
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Above Average
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
- Utilities for property: Fiber Available, Electricity Connected, Propane, Water Connected
Community & HOA
Community
- Features: Lake
- Subdivision: Elk River Estates
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Butler
Financial & listing details
- Price per square foot: $465/sqft
- Tax assessed value: $147,900
- Annual tax amount: $806
- Date on market: 5/8/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$393,000
$373,000 - $413,000
$1,348/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $414,000-4.6%$465/sqft |
Source: TVRMLS #9995110 Report a problem | ||
| 7/28/2026 | Price change | $434,000-3.3%$488/sqft |
Source: TVRMLS #9995110 Report a problem | ||
| 7/16/2026 | Price change | $449,000-2.2%$504/sqft |
Source: TVRMLS #9995110 Report a problem | ||
| 6/26/2026 | Price change | $459,000-2.1%$516/sqft |
Source: TVRMLS #9995110 Report a problem | ||
| 5/8/2026 | Listed for sale | $469,000+0.9%$527/sqft |
Source: TVRMLS #9995110 Report a problem | ||
| 4/16/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/28/2026 | Price change | $465,000+4.5%$522/sqft |
Source: Owner Report a problem | ||
| 3/25/2026 | Listed for sale | $445,000-8.2%$500/sqft |
Source: Owner Report a problem | ||
| 10/8/2025 | Listing removed | $485,000$545/sqft |
Source: BHHS broker feed #9986450 Report a problem | ||
| 10/1/2025 | Listed for sale | $485,000$545/sqft |
Source: TVRMLS #9986450 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $806 | $36,975 |
| 2024 | $806 +0.9% | $36,975 +0.9% |
| 2023 | $799 +7.4% | $36,650 |
| 2022 | $744 | $36,650 |
| 2021 | -- | $36,650 +4.5% |
| 2020 | $866 | $35,075 |
| 2019 | $866 | $35,075 |
| 2018 | $866 +0% | $35,075 |
| 2017 | $866 +0.8% | $35,075 |
| 2016 | $859 0% | $35,075 |
| 2015 | $859 -2.5% | $35,075 -2.5% |
| 2014 | $881 +5.1% | $35,975 0% |
| 2013 | $838 +8.4% | $35,985 |
| 2012 | $774 -0.1% | $35,985 |
| 2011 | $775 -5.6% | $35,985 |
| 2010 | $820 +18.6% | $35,985 +18.6% |
| 2009 | $692 +2.7% | $30,353 |
| 2008 | $674 +5.7% | $30,353 |
| 2007 | $637 | $30,353 |
| 2006 | $637 -18% | $30,353 |
| 2005 | $777 +37.2% | $30,353 +37.2% |
| 2004 | $567 +217.5% | $22,131 +175.4% |
| 2002 | $178 | $8,037 |
| 2001 | -- | $8,037 -75% |
| 2000 | -- | $32,148 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37640
Nearby schools
Schools provided by the listing agent
- Elementary: Little Milligan
- Middle: Cloudland
- High: Cloudland
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




