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Land with Home for Sale in Butler, Tennessee

285 Cable Hollow Rd, Butler, TN 37640

$1,975,000
3.83 acres
Active sale
ago
Est $9,794/mo

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.

4,595
Sq feet
4
Beds
4
Full baths
1
1/2 bath
2002
Built

Location

Street address
285 Cable Hollow Rd
Zip code
37640
Community
Elk River Estates
Elevation
1,965 feet
Coordinates
36.2909, -81.9965

Directions

From Hampton, take Hwy 321, turn right to continue on Hwy 321, turn left onto Cable Hollow Road, house is one the left at the end of the road (shared driveway), see sign

Property details

Acreage
3.83 acres
Zoning
Residential
MLS #
TVARMLS 9996481
Posted

Property taxes

Recent
$3,802

Expenses

Homeowner Association Fee
$500 annually

Parcels

  • 062h A 028.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Water
Waterfront
Lake, Lake Front

Exterior

Pool
Deck, Patio, Porch
Features
Balcony, Dock

Structure

Style
Craftsman
Stories
2
Basement
Finished, Full, Walk-Out Access
Water
Well
Sewer
Septic Tank
Heating
Central, Fireplace(s), Heat Pump, Propane
Cooling
Central Air
Materials
Brick, Vinyl Siding
Roof
Shingle
Windows
Double Pane Windows

Interior

Room Count
9
Rooms
Basement, Bathroom x 5, Bedroom x 4
Flooring
Hardwood, Tile-Ceramic, Vinyl
Fireplaces
Yes
Appliances
Built-In Electric Oven, Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer, Wine Refigerator
Features
Bar, Granite Counters, Kitchen Island, Primary Downstairs, Remodeled, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameType
Little MilliganElementary
Little MilliganMiddle
HamptonHigh

Listing history

DateEventPriceChangeSource
June 6, 2026New listing$1,975,000TVARMLS
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This 3.83-acre property is located at 285 Cable Hollow Rd in Butler, TN 37640. The property is available for sale for $1,975,000. It has a 4,595 sq ft 4 bedroom, 4 bath house built in 2002.

Listed by Foundation Realty Group, (317) 691-5390

Checked 2 hours agoUpdated Source

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