Stunning Chalet with Watauga Lake Views and Access! Perched atop a private cliff overlooking the pristine blue waters of Watauga Lake, this three-story contemporary chalet offers breathtaking panoramic views from nearly every room. With large windows and expansive decks, the home is designed to bring the beauty of the lake and surrounding mountains indoors. This unique lakefront retreat features one bedroom with 2.5 baths and a spacious loft sleeping quarters, making it perfect for families, couples, or guests. The interior showcases beautiful hardwood floors throughout and a gourmet kitchen with granite countertops and stainless appliances. The finished lower level offers flexible space that can easily serve as a billiards room, wellness/yoga studio, or additional living area. Step outside to enjoy the large multi-level decks, a relaxing hot tub, and convenient stairs that descend directly to the lake and your private dock. Additional highlights include a one car garage, 25K Generac whole-house generator, a private well, concrete driveway access, and gated privacy. Best of all, there is no HOA and no restrictions, giving you complete freedom to enjoy or rent the property. Whether you're seeking a peaceful full-time mountain lake home or a high-income vacation rental, this contemporary gem is truly a must-see. The 1980 Flowage Easement is in place. Buyer/Buyer's Agent to verify all information.