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For sale
  • Price cut: $20K (7/3)
    $379,900

    497 Lakeview Dr, Butler, TN 37640

    2beds
    1,275sqft
    : 
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    Single Family Residence, Residential
    Built in 1997
    1.17 Acres Lot
    $378,100 Zestimate®
    $298/sqft
    $-- HOA

    What's special

    Wood burning stovePaved driveGreen metal roof accentsFull appliance suiteGenerous counter spaceWasher and dryerMultiple decks
    Welcome to one of the most uniquely positioned properties on beautiful Watauga Lake! This charming 1,275 sq ft A-frame chalet-style home sits on 1.17 unrestricted acres in Johnson County, Tennessee, nestled in a breathtaking wooded setting just steps from the water's edge with seasonal lake views. Being sold fully furnished & move-in ready, all that's missing is you! Whether you're seeking a private personal retreat, a full-time residence, or a short-term rental investment -- the unrestricted status makes every option possible. Location simply does not get better for the lake & mountain lifestyle enthusiast -- just 3 miles to Lakeview Marina & only 4 minutes to new Sink Valley Boat Ramp access to Watauga Lake at this price is hard to fine. Pull up the paved drive & you'll immediately feel transported. Surrounded by lush, mature hardwoods on all sides, this property offers a level of seclusion & privacy that is genuinely rare. The dramatic A-frame exterior with soaring cathedral windows, green metal roof accents, & multiple decks creates a striking first impression that only gets better as you step inside. Step through the front door onto the main level & prepare to be wowed. A stunning sunroom-style living area wrapped in floor-to-ceiling windows & sliding glass doors floods the space with natural light & frames the surrounding woodland canopy beautifully. Warm tongue-&-groove wood ceilings flow throughout, complemented by a wood burning stove, built-in cabinetry, & a cozy breakfast bar perfect for casual entertaining. The kitchen features spacious oak cabinetry, generous counter space, & a full appliance suite, all bathed in natural light from multiple windows with wooded views on every side. A dedicated dining area with vaulted ceilings, exposed wood beams, & a stunning stained glass pendant light provides plenty of space for gatherings. The main floor master bedroom offers a comfortable private retreat, & a full bathroom serves this level. Up the stairs from the main floor, the loft is an enchanting sleeping space tucked beneath soaring tongue-&-groove cathedral ceilings -- a cozy, intimate retreat that perfectly captures the spirit of mountain cabin living, with a gable-end window that connects you to the treetops just outside. A charming circular staircase leads down to the lower level -- the finished garage doubles as sprawling recreation & entertainment space that is truly one of a kind with LVP flooring, drop ceiling with panel lighting, a ceiling fan, pool table, dart board, washer & dryer, & a garage door that opens wide to bring the outside in -- this level is perfect for entertaining, overflow sleeping, or simply enjoying a rainy mountain day indoors. A second full bathroom serves this level as well. The sitting room, bar area feature a cozy wood stove, and second refrigerator. Outside, multiple decks offer wonderful spaces to grill, dine, & soak in the wooded surroundings. A separate open-air metal carport provides additional covered parking or storage. The surrounding Cherokee National Forest provides endless outdoor recreation. Conveniently located 21 minutes from Mountain City TN, 25 minutes to Elizabethton TN, & about 45 minutes to Boone NC & the NC High Country, wintertime skiing and actives are not far away either. 4 minutes to Sink Mountain Launch & 3 minutes to Lakeview Marina. All information deemed reliable but not guaranteed. Buyer & Buyer's Agent to verify all information.
    47 days
    |
    3,371
    |
    233
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Donaven Braun 423-525-9252,

    Fathom Realty 888-455-6040

    Source: TVRMLS,MLS#: 9995733

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Heat Pump, Wood Stove
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Eat-in Kitchen, Kitchen Island, Kitchen/Dining Combo, Laminate Counters, Open Floorplan, Wet Bar
      • Flooring: Carpet, Hardwood, Laminate, Luxury Vinyl
      • Doors: French Doors
      • Windows: Double Pane Windows
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 1,275
      • Total interior livable area: 1,275 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Asphalt, Carport
      • Garage spaces: 2
      • Carport spaces: 1
      • Covered spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Back, Deck, Front Porch, Rear Porch, Side Porch
      • Has view: Yes
      • View description: Water, Mountain(s)
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 1.17 Acres
      • Topography: Part Wooded, Sloped
      Details
      • Parcel number: 075 053.04
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: A-Frame,Cabin
      • Property subtype: Single Family Residence, Residential
      Materials
      • Wood Siding
      • Foundation: Block
      • Roof: Asphalt,Shingle
      Condition
      • Above Average
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Butler

      Financial & listing details

      • Price per square foot: $298/sqft
      • Tax assessed value: $213,400
      • Annual tax amount: $1,161
      • Date on market: 5/21/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $378,100

        $359,000 - $397,000

        $1,929/mo

        Price history

        DateEventPrice
        7/3/2026Price change$379,900-5%$298/sqft
        Source: TVRMLS #9995733 Report a problem
        6/5/2026Price change$399,900-8.9%$314/sqft
        Source: TVRMLS #9995733 Report a problem
        5/21/2026Listed for sale$439,000+145.3%$344/sqft
        Source: TVRMLS #9995733 Report a problem
        10/14/2015Listing removed$179,000$140/sqft
        Source: Watauga Lake Real Estate & Dev., Inc., Report a problem
        7/12/2015Listed for sale$179,000$140/sqft
        Source: Watauga Lake Real Estate & Dev., Inc., Report a problem
        4/9/2015Listing removed$179,000$140/sqft
        Source: Watauga Lake Real Estate #351854 Report a problem
        7/29/2014Listed for sale$179,000-10.5%$140/sqft
        Source: Watauga Lake Real Estate #351854 Report a problem
        4/22/2014Listing removed$200,000$157/sqft
        Source: Owner Report a problem
        1/22/2014Listed for sale$200,000+1566.7%$157/sqft
        Source: Owner Report a problem
        5/20/1993Sold$12,000$9/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,161 $53,350 +1.5%
        2024$1,161 $52,550
        2023$1,161 +22.1%$52,550
        2022$951 $52,550
        2021-- $52,550 +40.4%
        2020$767 $37,425
        2019$767 $37,425
        2018$767 +0%$37,425
        2017$767 $37,425
        2016$767 +13.2%$37,425
        2015$677 -1.8%$37,425 -1.8%
        2014$690 +0%$38,125 +0%
        2013$690 +2.3%$38,115
        2012$675 $38,115
        2011$675 $38,115
        2010-- $38,115 +18.7%
        2009$652 $32,099
        2008$652 $32,099
        2007$652 $32,099
        2006$652 -22.2%$32,099
        2005$838 +47.6%$32,099 +47.6%
        2004$568 +8.7%$21,745
        2002$522 $21,745
        2001-- $21,745 -75%
        2000-- $86,978

        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.
        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

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Doe
        • Middle: Johnson Co
        • High: Johnson Co

        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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