This is more than just a home--it's a rare opportunity to own a fully upgraded mountain and lake-view retreat with exceptional short-term rental potential in the heart of the Watauga Lake area. Located just ¼ mile from marina access, this impressive 4,700+ square foot property offers a unique combination of size, flexibility, modern infrastructure, and breathtaking views that is rarely available in today's market.
Designed to comfortably accommodate large groups, the spacious multi-level floor plan features soaring ceilings, abundant natural light, and expansive windows that capture stunning mountain and lake views. The home's versatile layout includes multiple gathering spaces, a custom-built bunk room ideal for maximizing guest capacity, and a lower-level entertaining area complete with a second kitchen--perfect for extended family stays, multi-generational living, or vacation rental guests.
A major highlight is the brand-new 5-bedroom septic system, providing significantly expanded capacity and flexibility. Combined with the home's generous square footage and group-friendly design, the property offers outstanding potential as a high-capacity vacation rental, private retreat, or investment property.
Extensive recent improvements make this home truly move-in and rental-ready, including a new roof, newly sanded and stained exterior with premium protective coating, fully renovated kitchens and bathrooms with high-end finishes, new flooring, lighting, plumbing, electrical updates, fresh interior paint, and the addition of a covered front porch. Additional upgrades include a Rinnai tankless water heater, Spectrum high-speed internet, and a whole-house generator, providing convenience, reliability, and peace of mind for owners and guests alike.
Adding even more value, the property is listed below appraisal. Opportunities to own a property with this combination of size, sleeping capacity, updated systems, marina proximity, high-speed internet, and incredible views are extremely limited in the Watauga Lake market.
Whether you're seeking a private mountain-lake getaway, a gathering place for family and friends, or an income-producing investment, this exceptional property delivers the scale, functionality, and flexibility that smaller homes simply cannot match.
. Buyers and buyers' agents to verify all information.
For sale
$1,175,000
191 Bear Ridge Dr, Butler, TN 37640
5beds
4,733sqft
Single Family Residence, Residential
Built in 2003
1.54 Acres Lot
$1,120,500 Zestimate®
$248/sqft
$60/mo HOA
What's special
Lower-level entertaining areaCustom-built bunk roomCovered front porchIncredible viewsFresh interior paintNew roofSpacious multi-level floor plan
- 19 hours |
- 110 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Salvatore Malantonio 423-957-6974,
Berkshire Hathaway Greg Cox Real Estate 423-282-2411
Source: TVRMLS,MLS#: 9996891
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Fireplace(s), Pellet Stove, Propane
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Trash Compactor, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Soaking Tub
- Flooring: Carpet, Luxury Vinyl, Tile, Other
- Basement: Finished,Full
- Has fireplace: Yes
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 4,733
- Total interior livable area: 4,733 sqft
- Finished area below ground: 1,787
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Attached, Circular Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Back, Deck, Front Porch, Porch, Side Porch
- Fencing: Back Yard
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.54 Acres
- Topography: Level, Sloped
Details
- Parcel number: 038p A 037.00
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding
- Roof: Shingle
Condition
- Above Average
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Private Sewer
- Water: Shared Well
- Utilities for property: Fiber Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Gated
- Security: Gated Community
- Subdivision: Bear Ridge Estates
HOA
- Has HOA: Yes
- HOA fee: $725 annually
Location
- Region: Butler
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $540,500
- Annual tax amount: $2,946
- Date on market: 6/16/2026
- Listing terms: Cash,Conventional
Estimated market value
$1,120,500
$1.06M - $1.18M
$3,564/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $1,175,000+6.9%$248/sqft |
Source: TVRMLS #9996891 Report a problem | ||
| 6/6/2026 | Listing removed | $1,099,000$232/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 4/17/2026 | Price change | $1,099,000-7.6%$232/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 4/10/2026 | Price change | $1,189,000-0.8%$251/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 12/20/2025 | Price change | $1,199,000-5.9%$253/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 12/5/2025 | Price change | $1,274,000-0.4%$269/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 9/17/2025 | Price change | $1,279,000-1.5%$270/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 8/20/2025 | Price change | $1,299,000-7%$274/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 7/12/2025 | Price change | $1,397,000-6.7%$295/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 7/3/2025 | Price change | $1,497,000-0.1%$316/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 6/23/2025 | Price change | $1,499,000-2%$317/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 6/15/2025 | Price change | $1,530,000-1.3%$323/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 6/8/2025 | Listed for sale | $1,550,000+147.6%$327/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 12/4/2020 | Sold | $626,000-3.7%$132/sqft |
Source: | ||
| 10/26/2020 | Listed for sale | $650,000$137/sqft |
Source: Local MLS #199719 Report a problem | ||
| 10/8/2020 | Pending sale | $650,000$137/sqft |
Source: Local MLS #199719 Report a problem | ||
| 9/25/2020 | Listed for sale | $650,000+103.1%$137/sqft |
Source: Local MLS #199719 Report a problem | ||
| 2/4/2013 | Sold | $320,000-28.9%$68/sqft |
Source: Public Record Report a problem | ||
| 3/26/2012 | Sold | $450,336-18.1%$95/sqft |
Source: Public Record Report a problem | ||
| 11/5/2011 | Listing removed | $549,900$116/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 10/16/2011 | Price change | $549,900-4.3%$116/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 10/7/2011 | Price change | $574,900+4.5%$121/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 9/27/2011 | Price change | $549,900-4.3%$116/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 9/24/2011 | Listed for sale | $574,900-4.2%$121/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 8/1/2011 | Listing removed | $599,900$127/sqft |
Source: Century 21 Pro Service #282825 Report a problem | ||
| 7/12/2011 | Price change | $599,900-4.6%$127/sqft |
Source: Century 21 Pro Service #282825 Report a problem | ||
| 7/2/2011 | Listed for sale | $629,000$133/sqft |
Source: Century 21 Pro Service #282825 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,946 | $135,125 |
| 2024 | $2,946 | $135,125 |
| 2023 | $2,946 +7.4% | $135,125 |
| 2022 | $2,743 | $135,125 |
| 2021 | -- | $135,125 +20.5% |
| 2020 | $2,771 | $112,175 |
| 2019 | $2,771 | $112,175 |
| 2018 | $2,771 0% | $112,175 |
| 2017 | $2,771 +1.1% | $112,175 +0.3% |
| 2016 | $2,740 0% | $111,850 |
| 2015 | $2,740 +6.1% | $111,850 +6.1% |
| 2014 | $2,583 +5.1% | $105,425 0% |
| 2013 | $2,456 +8.4% | $105,426 |
| 2012 | $2,267 -0.1% | $105,426 |
| 2011 | $2,270 -5.6% | $105,426 |
| 2010 | $2,404 +12.4% | $105,426 +12.4% |
| 2009 | $2,139 +2.7% | $93,795 |
| 2008 | $2,082 +5.7% | $93,795 |
| 2007 | $1,970 | $93,795 |
| 2006 | $1,970 -18% | $93,795 |
| 2005 | $2,401 +16.7% | $93,795 +16.7% |
| 2004 | $2,058 +33.2% | $80,388 +15.5% |
| 2002 | $1,545 | $69,586 +709.9% |
| 2001 | -- | $8,592 -75% |
| 2000 | -- | $34,368 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 37640
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 6/10Unaka Elementary SchoolGrades: PK-8Distance: 4.1 mi
- 4/10Unaka High SchoolGrades: 9-12Distance: 5.5 mi
- 4/10Hunter Elementary SchoolGrades: K-8Distance: 6.1 mi
Schools provided by the listing agent
- Elementary: Hampton
- Middle: Hampton
- High: Unaka
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Carter County
- Butler
- 37640
- 191 Bear Ridge Dr





