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Pending
Price cut: $20K (7/16)
$359,900

497 Lakeview Dr, Butler, TN 37640

2beds
1,275sqft
: 
$2,276/mo
Get pre-qualified
Single Family Residence, Residential
Built in 1997
1.17 Acres Lot
$339,200 Zestimate®
$282/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.
119 days
103
3

Zillow last checked:

Listing updated:

Listed by:

Donaven Braun 423-525-9252,

Fathom Realty 888-455-6040

Source: TVRMLS,MLS#: 9995733

    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: $282/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

      $339,200

      $322,000 - $356,000

      $1,781/mo

      Price history

      DateEventPrice
      8/3/2026Pending sale$359,900$282/sqft
      Source: TVRMLS #9995733 Report a problem
      7/16/2026Price change$359,900-5.3%$282/sqft
      Source: TVRMLS #9995733 Report a problem
      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

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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.
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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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