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Land with Home for Sale in Butler, Tennessee

191 Bear Ridge Dr, Butler, TN 37640

$1,099,000
1.54 acres
Active sale
$90k drop
Est $5,523/mo

This is not just a home -- it's a rare high-capacity short-term rental opportunity designed for large groups, strong nightly rates, and flexible use. Located just 1/4 mile from the marina, this 4,700+ sq ft property combines sleeping capacity, layout, views, and high-speed internet -- a combination that is extremely hard to find in this market. This 4,700+ sq ft mountain and lake-view property offers a rare combination of size, layout, infrastructure, and location that makes it uniquely suited for both personal use and income-producing short-term rental potential. Designed with flexibility in mind, the home comfortably accommodates large groups while maintaining excellent flow and usability across multiple levels. - Approved for 6-bedroom septic capacity -- a major advantage for short-term rental use - Custom-built bunk room with multiple beds, ideal for maximizing occupancy and nightly rates - Spacious layout well-suited for multi-family or group stays - Lower level includes a second kitchen / entertaining area, perfect for hosting separate groups or extended stays Short-term rentals in the Butler / Watauga Lake area commonly range from $300-$900+ per night depending on size and location, with larger group-oriented homes commanding premium rates. Based on size, layout, and capacity, this property has strong potential as a high-performing STR, with projected annual revenue in the $100K+ range depending on management and occupancy. What sets the property apart is: * Listed below appraisal - Spectrum high-speed internet -- a rare and critical feature in this area for guests and remote work - Whole-house generator for reliability and peace of mind - Located just 1/4 mile from marina access, ideal for boating and vacation use - Strong flow, soaring ceilings, and large windows capturing mountain and lake views This home has extensive upgrades. It is move in / rental ready - New roof - Newly sanded and stained exterior with premium protective coating - Rinnai tankless hot water system - Brand new 6-bedroom septic system (replacing prior 2-bedroom system) - Fully renovated kitchens and bathrooms (high-end finishes) - New flooring, lighting, plumbing, and electrical throughout - Fresh interior paint - Added covered front porch Properties with this combination of: Large square footage High sleeping capacity Updated systems and infrastructure Marina proximity Reliable high-speed internet are extremely limited in this market. Whether used as a private retreat, multi-family getaway, or income-producing asset, this property offers scale, flexibility, and functionality that smaller homes simply cannot match. A rare opportunity to own a high-capacity, fully upgraded property in one of the area's most desirable lake-access locations WALLPAPER IS EASILY REMOVED. IF YOU DO NOT LIKE THE WALL PAPER SELLER WILL HAVE IT REMOVED FOR THE RIGHT PRICE!! Buyers, Buyer's agent to verify any and all information

4,733
Sq feet
5
Beds
3
Full baths
2003
Built

Location

Street address
191 Bear Ridge Dr
Community
Bear Ridge Estates
Elevation
2,303 feet
Coordinates
36.3569, -82.0529

Directions

Hwy 67, left on Piercetown Rd, right on Bear Ridge Dr, go thru gate straight up the hill. Property will be on your left. CODED SECURITY GATE

Property details

Acreage
1.54 acres
Zoning
Res
MLS #
TVARMLS 9981378
Posted

Property taxes

Recent
$2,946

Expenses

Homeowner Association Fee
$725 annually

Parcels

  • 038p A 037.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Driveway
Pool
Deck, Porch

Structure

Stories
2
Basement
Finished, Full
Water
Well
Sewer
Private Sewer
Heating
Central, Fireplace(s), Pellet Stove, Propane
Cooling
Ceiling Fan(s), Central Air
Materials
Wood Siding
Roof
Shingle

Interior

Room Count
7
Rooms
Basement, Bathroom x 3, Bedroom x 5
Flooring
Carpet, Tile, Vinyl
Fireplaces
Yes
Appliances
Dishwasher, Dryer, Range, Refrigerator, Trash Compactor, Washer
Features
Soaking Tub

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameType
HamptonElementary
HamptonMiddle
UnakaHigh

Listing history

DateEventPriceChangeSource
Apr 17, 2026Price drop$1,099,000$90,000 -7.6%TVARMLS
Apr 10, 2026Price drop$1,189,000$10,000 -0.8%TVARMLS
Feb 19, 2026Relisted$1,199,000TVARMLS
Feb 19, 2026Listing removed$1,199,000Listing agent
Dec 20, 2025Price drop$1,199,000$75,000 -5.9%TVARMLS
Dec 5, 2025Price drop$1,274,000$5,000 -0.4%TVARMLS
Sept 17, 2025Price drop$1,279,000$20,000 -1.5%TVARMLS
Aug 20, 2025Price drop$1,299,000$98,000 -7%TVARMLS
July 13, 2025Price drop$1,397,000$100,000 -6.7%TVARMLS
July 4, 2025Price drop$1,497,000$2,000 -0.1%TVARMLS
June 23, 2025Price drop$1,499,000$31,000 -2%TVARMLS
June 16, 2025Price drop$1,530,000$20,000 -1.3%TVARMLS
June 8, 2025New listing$1,550,000TVARMLS
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This 1.54-acre property is located at 191 Bear Ridge Dr in Butler, TN 37640. The property is available for sale for $1,099,000. It has a 4,733 sq ft 5 bedroom, 3 bath house built in 2003.

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