Property Attributes
- MLS#261908
- TypeSingle Family
- Listing Status Active
- CountyJohnson
- CityButler
- Area24-TN
- NeighborhoodNone
- Zip37640
- Style
- Year Built1935
- Taxes$ 291
- Price$ 315,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage858
- Lot Size0.5 Acres
Data Source:
High Country Association of REALTORS® (HCAOR)
Property Description
Watauga Lake Getaway with Three Finished Spaces! Looking for a Watauga Lake getaway with room for family, friends, hobbies and outdoor living? This one-of-a-kind property offers three separate finished spaces on approximately half an acre directly across from beautiful Watauga Lake, with a public boat launch just across the street and two marinas within approximately 1.5 miles. At the heart of the property is a charming restored 1935 farmhouse originally located in Old Butler and moved to its present location when the Tennessee Valley Authority created Watauga Lake. The main cottage features two bedrooms, one spacious bath with laundry, original heart pine floors, an updated kitchen and bath, restored original details, newer heat pump, updated insulation, and a new roof and sheathing. But what makes this property truly special is everything beyond the main cottage. A separate finished party barn provides additional flexible space with a living area, kitchen, bedroom, full bath and garage-style door that opens to the outdoor entertaining area. A detached finished tiny house provides additional guest, studio or sleeping space. The fully fenced yard offers plenty of room for pets, gardening and gatherings, while the upper portion of the property provides elevated views of Watauga Lake. Enjoy mornings on the porch, evenings overlooking the water, and boating, fishing, kayaking and swimming just steps from home. Offered furnished with limited exclusions and no HOA, this distinctive property is ideal for buyers looking for a lake getaway, full-time residence, multi-space retreat or property with flexible guest and recreational areas. This is not simply a small cottage. It is an opportunity to enjoy the Watauga Lake lifestyle with multiple finished spaces and lake access right outside your door. Take time to watch the video and explore the virtual tour and schedule your visit today!
| Elementary School | High School |
|---|---|
| TN Elementary School | Out of Area High School |
| Price History | |
|---|---|
| 5/22/2026 | Listed $385,000 |
| 5/27/2026 | 3$375,000 |
| 7/11/2026 | 1$369,900 |
| 7/17/2026 | 1$365,000 |
| 7/22/2026 | 1$359,900 |
| 7/29/2026 | 3$349,900 |
| 8/27/2026 | 7$324,900 |
| 9/9/2026 | 2$319,000 |
| 9/20/2026 | 1$315,000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: September 22, 2026 4:05 PM UTC