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For sale
  • Price cut: $90K (4/17)
    $1,099,000

    191 Bear Ridge Dr, Butler, TN 37640

    5beds
    4,733sqft
    : Get pre-qualified
    Single Family Residence, Residential
    Built in 2003
    1.54 Acres Lot
    $1,050,300 Zestimate®
    $232/sqft
    $60/mo HOA

    What's special

    Fresh interior paintNew roofAdded covered front porch
    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 ¼ 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 ¼ 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
    361 days
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    548
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    41
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    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Zoldy 910-977-1752,

    Braswell Realty Inc. RM 423-772-0100

    Source: TVRMLS,MLS#: 9981378

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Fireplace(s), Pellet Stove, Propane
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Dryer, Range, Refrigerator, Trash Compactor, Washer
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Soaking Tub
      • Flooring: Carpet, Luxury Vinyl, Tile, Other
      • Basement: Finished,Full
      • Has fireplace: Yes
      • Fireplace features: Gas Log, Living Room
      Interior area
      • Total structure area: 4,733
      • Total interior livable area: 4,733 sqft
      • Finished area below ground: 1,787
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Asphalt, Attached, Circular Driveway
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Back, Deck, Front Porch, Porch, Side Porch
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 1.54 Acres
      • Topography: Level, Sloped
      Details
      • Parcel number: 038p A 037.00
      • Zoning: Res

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence, Residential
      Materials
      • Wood Siding
      • Roof: Shingle
      Condition
      • Above Average
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Shared Well
      • Utilities for property: Fiber Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Gated
      • Security: Gated Community
      • Subdivision: Bear Ridge Estates
      HOA
      • Has HOA: Yes
      • HOA fee: $725 annually
      Location
      • Region: Butler

      Financial & listing details

      • Price per square foot: $232/sqft
      • Tax assessed value: $540,500
      • Annual tax amount: $2,946
      • Date on market: 6/8/2025
      • Listing terms: Cash,Conventional
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        Estimated market value

        $1,050,300

        $998,000 - $1.10M

        $3,564/mo

        Price history

        DateEventPrice
        4/17/2026Price change$1,099,000-7.6%$232/sqft
        Source: TVRMLS #9981378 Report a problem
        4/10/2026Price change$1,189,000-0.8%$251/sqft
        Source: TVRMLS #9981378 Report a problem
        12/20/2025Price change$1,199,000-5.9%$253/sqft
        Source: TVRMLS #9981378 Report a problem
        12/5/2025Price change$1,274,000-0.4%$269/sqft
        Source: TVRMLS #9981378 Report a problem
        9/17/2025Price change$1,279,000-1.5%$270/sqft
        Source: TVRMLS #9981378 Report a problem
        8/20/2025Price change$1,299,000-7%$274/sqft
        Source: TVRMLS #9981378 Report a problem
        7/12/2025Price change$1,397,000-6.7%$295/sqft
        Source: TVRMLS #9981378 Report a problem
        7/3/2025Price change$1,497,000-0.1%$316/sqft
        Source: TVRMLS #9981378 Report a problem
        6/23/2025Price change$1,499,000-2%$317/sqft
        Source: TVRMLS #9981378 Report a problem
        6/15/2025Price change$1,530,000-1.3%$323/sqft
        Source: TVRMLS #9981378 Report a problem
        6/8/2025Listed for sale$1,550,000+147.6%$327/sqft
        Source: TVRMLS #9981378 Report a problem
        12/4/2020Sold$626,000-3.7%$132/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2193129 Report a problem
        10/26/2020Listed for sale$650,000$137/sqft
        Source: Local MLS #199719 Report a problem
        10/8/2020Pending sale$650,000$137/sqft
        Source: Local MLS #199719 Report a problem
        9/25/2020Listed for sale$650,000+103.1%$137/sqft
        Source: Local MLS #199719 Report a problem
        2/4/2013Sold$320,000-28.9%$68/sqft
        Source: Public Record Report a problem
        3/26/2012Sold$450,336-18.1%$95/sqft
        Source: Public Record Report a problem
        11/5/2011Listing removed$549,900$116/sqft
        Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem
        10/16/2011Price change$549,900-4.3%$116/sqft
        Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem
        10/7/2011Price change$574,900+4.5%$121/sqft
        Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem
        9/27/2011Price change$549,900-4.3%$116/sqft
        Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem
        9/24/2011Listed for sale$574,900-4.2%$121/sqft
        Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem
        8/1/2011Listing removed$599,900$127/sqft
        Source: Century 21 Pro Service #282825 Report a problem
        7/12/2011Price change$599,900-4.6%$127/sqft
        Source: Century 21 Pro Service #282825 Report a problem
        7/2/2011Price change$629,000+4.9%$133/sqft
        Source: Century 21 Pro Service #282825 Report a problem
        2/24/2011Price change$599,900-4.6%$127/sqft
        Source: CENTURY 21 Pro-Service Realtors #290040 Report a problem
        11/25/2010Listed for sale$629,000$133/sqft
        Source: Century 21 Pro Service #282825 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,946 $135,125
        2024$2,946 $135,125
        2023$2,946 +7.4%$135,125
        2022$2,743 $135,125
        2021-- $135,125 +20.5%
        2020$2,771 $112,175
        2019$2,771 $112,175
        2018$2,771 0%$112,175
        2017$2,771 +1.1%$112,175 +0.3%
        2016$2,740 0%$111,850
        2015$2,740 +6.1%$111,850 +6.1%
        2014$2,583 +5.1%$105,425 0%
        2013$2,456 +8.4%$105,426
        2012$2,267 -0.1%$105,426
        2011$2,270 -5.6%$105,426
        2010$2,404 +12.4%$105,426 +12.4%
        2009$2,139 +2.7%$93,795
        2008$2,082 +5.7%$93,795
        2007$1,970 $93,795
        2006$1,970 -18%$93,795
        2005$2,401 +16.7%$93,795 +16.7%
        2004$2,058 +33.2%$80,388 +15.5%
        2002$1,545 $69,586 +709.9%
        2001-- $8,592 -75%
        2000-- $34,368

        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.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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: Hampton
          • Middle: Hampton
          • High: Unaka

          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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