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For sale
  • Price cut: $225K (6/6)
    $1,975,000

    285 Cable Hollow Rd, Butler, TN 37640

    4beds
    4,595sqft
    : 
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    Single Family Residence, Residential
    Built in 2002
    3.83 Acres Lot
    $1,914,500 Zestimate®
    $430/sqft
    $42/mo HOA

    What's special

    LUXURY LAKEFRONT RETREAT ON WATAUGA LAKE!! Welcome to the ultimate lakefront retreat on beautiful Watauga Lake. Nestled in the highly desirable Elk River Estates, this fully furnished waterfront home offers an incredible combination of luxury, comfort, privacy, and outdoor living. Situated on 3.83 acres, the property stretches across the lake to the opposite shoreline, creating a truly rare and remarkable setting. Designed for enjoying lake life year-round, the property features a covered boat dock complete with a power lift and five jet ski lifts, all tucked within a quiet cove with year-round water access. A gentle walk from the home leads directly to the shoreline, making it easy to spend your days boating, swimming, fishing, or simply relaxing by the water. The outdoor entertaining space is exceptional, offering a fire pit area, dining and sitting space, covered patio, covered back Trex decking, and an additional side deck - all positioned to capture the breathtaking lake and mountain views. Inside, the home welcomes you with soaring vaulted ceilings, warm wood walls and ceiling, and an abundance of windows that fill the open living space with natural light while showcasing the stunning scenery. The spacious living room centers around a beautiful brick fireplace with gas logs and flows seamlessly into the kitchen and oversized dining area with elegant trey ceilings. The fully equipped kitchen is designed for entertaining and features stainless steel appliances, granite countertops, built-in microwave and oven, a large island with a gas cooktop, and bar seating. The main level also includes a laundry room, half bath, and an impressive primary suite complete with trey ceilings, walk-in closet, double vanity, and French doors leading directly to the deck overlooking the lake. Upstairs offers spacious accommodations for family and guests with three large bedrooms, including one with its own private walk-out balcony and two full bathrooms. The finished basement is an entertainer's dream with a massive recreational area, kitchenette, granite countertops, oversized island with bar seating, and French doors opening to the lower patio and lakefront setting. Additional unfinished rooms provide abundant storage or potential for expanded living space. The property also includes access to a private community boat ramp and is conveniently located just a short drive to Boone, NC. Whether you are searching for a luxury vacation getaway, investment property, or full-time waterfront residence, this extraordinary lakefront property delivers the very best of East Tennessee living. Buyer/buyer's agent to verify all info.
    6 days
    |
    442
    |
    26
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Harkness 423-291-9584,

    Foundation Realty Group 423-218-9554

    Source: TVRMLS,MLS#: 9996481

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Lower
      Heating
      • Central, Fireplace(s), Heat Pump, Propane
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Built-In Electric Oven, Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer, Wine Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Master Downstairs, Bar, Granite Counters, Kitchen Island, Remodeled, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl
      • Doors: French Doors
      • Windows: Double Pane Windows
      • Basement: Finished,Full,Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: Brick, Gas Log, Living Room
      Interior area
      • Total structure area: 4,920
      • Total interior livable area: 4,595 sqft
      • Finished area below ground: 1,424

      Property

      Parking
      • Parking features: Concrete, Parking Pad
      Features
      • Levels: Three Or More
      • Stories: 2
      • Patio & porch: Back, Covered, Deck, Rear Patio, Side Porch
      • Exterior features: Balcony, Dock
      • Has view: Yes
      • View description: Water, Mountain(s)
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Lake, Lake Privileges
      Lot
      • Size: 3.83 Acres
      • Topography: Cleared, Rolling Slope
      Details
      • Parcel number: 062h A 028.00
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick, Vinyl Siding
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Updated/Remodeled,Above Average
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Shared Well
      • Utilities for property: Fiber Available, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Elk River Estates
      HOA
      • Has HOA: Yes
      • Amenities included: Spa/Hot Tub
      • HOA fee: $500 annually
      Location
      • Region: Butler

      Financial & listing details

      • Price per square foot: $430/sqft
      • Date on market: 6/6/2026
      • Listing terms: Cash,Conventional,FHA,Indiv/Seller Financing,VA Loan
      • Electric utility on property: Yes
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        Estimated market value

        $1,914,500

        $1.82M - $2.01M

        $4,008/mo

        Price history

        DateEventPrice
        6/6/2026Price change$1,975,000-10.2%$430/sqft
        Source: TVRMLS #9996481 Report a problem
        5/6/2026Price change$2,200,000-2.2%$479/sqft
        Source: TVRMLS #9986635 Report a problem
        4/11/2026Price change$2,250,000-6.3%$490/sqft
        Source: TVRMLS #9986635 Report a problem
        3/14/2026Price change$2,400,000-4%$522/sqft
        Source: TVRMLS #9986635 Report a problem
        11/5/2025Price change$2,500,000-9.1%$544/sqft
        Source: TVRMLS #9986635 Report a problem
        10/4/2025Listed for sale$2,750,000+271.4%$598/sqft
        Source: TVRMLS #9986635 Report a problem
        12/15/2020Sold$740,500$161/sqft
        Source: TVRMLS #9914061 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          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-Dependent
          5 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Little Milligan
          • Middle: Little Milligan
          • High: Hampton

          Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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