This is more than just a home--it's a rare opportunity to own a fully upgraded mountain and lake-view retreat with exceptional short-term rental potential in the heart of the Watauga Lake area. Located just ¼ mile from marina access, this impressive 4,700+ square foot property offers a unique combination of size, flexibility, modern infrastructure, and breathtaking views that is rarely available in today's market.
Designed to comfortably accommodate large groups, the spacious multi-level floor plan features soaring ceilings, abundant natural light, and expansive windows that capture stunning mountain and lake views. The home's versatile layout includes multiple gathering spaces, a custom-built bunk room ideal for maximizing guest capacity, and a lower-level entertaining area complete with a second kitchen--perfect for extended family stays, multi-generational living, or vacation rental guests.
A major highlight is the brand-new 5-bedroom septic system, providing significantly expanded capacity and flexibility. Combined with the home's generous square footage and group-friendly design, the property offers outstanding potential as a high-capacity vacation rental, private retreat, or investment property.
Extensive recent improvements make this home truly move-in and rental-ready, including a new roof, newly sanded and stained exterior with premium protective coating, fully renovated kitchens and bathrooms with high-end finishes, new flooring, lighting, plumbing, electrical updates, fresh interior paint, and the addition of a covered front porch. Additional upgrades include a Rinnai tankless water heater, Spectrum high-speed internet, and a whole-house generator, providing convenience, reliability, and peace of mind for owners and guests alike.
Adding even more value, the property is listed below appraisal. Opportunities to own a property with this combination of size, sleeping capacity, updated systems, marina proximity, high-speed internet, and incredible views are extremely limited in the Watauga Lake market.
Whether you're seeking a private mountain-lake getaway, a gathering place for family and friends, or an income-producing investment, this exceptional property delivers the scale, functionality, and flexibility that smaller homes simply cannot match.
. Buyers and buyers' agents to verify all information.
For sale
$1,175,000
191 Bear Ridge Dr, Butler, TN 37640
5beds
4,733sqft
Single Family Residence, Residential
Built in 2003
1.54 Acres Lot
$1,096,300 Zestimate®
$248/sqft
$60/mo HOA
What's special
Lower-level entertaining areaCustom-built bunk roomCovered front porchIncredible viewsFresh interior paintNew roofSpacious multi-level floor plan
- 83 days
- 392
- 26
Zillow last checked:
Listing updated:
Listed by:
Salvatore Malantonio 423-957-6974,
Berkshire Hathaway Greg Cox Real Estate 423-282-2411
Source: TVRMLS,MLS#: 9996891
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
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: $248/sqft
- Tax assessed value: $540,500
- Annual tax amount: $2,946
- Date on market: 6/16/2026
- Listing terms: Cash,Conventional
Estimated market value
$1,096,300
$1.04M - $1.15M
$3,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $1,175,000+6.9%$248/sqft |
Source: TVRMLS #9996891 Report a problem | ||
| 6/6/2026 | Listing removed | $1,099,000$232/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 4/17/2026 | Price change | $1,099,000-7.6%$232/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 4/10/2026 | Price change | $1,189,000-0.8%$251/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 12/20/2025 | Price change | $1,199,000-5.9%$253/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 12/5/2025 | Price change | $1,274,000-0.4%$269/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 9/17/2025 | Price change | $1,279,000-1.5%$270/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 8/20/2025 | Price change | $1,299,000-7%$274/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 7/12/2025 | Price change | $1,397,000-6.7%$295/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 7/3/2025 | Price change | $1,497,000-0.1%$316/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 6/23/2025 | Price change | $1,499,000-2%$317/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 6/15/2025 | Price change | $1,530,000-1.3%$323/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 6/8/2025 | Listed for sale | $1,550,000+147.6%$327/sqft |
Source: TVRMLS #9981378 Report a problem | ||
| 12/4/2020 | Sold | $626,000-3.7%$132/sqft |
Source: | ||
| 10/26/2020 | Listed for sale | $650,000$137/sqft |
Source: Local MLS #199719 Report a problem | ||
| 10/8/2020 | Pending sale | $650,000$137/sqft |
Source: Local MLS #199719 Report a problem | ||
| 9/25/2020 | Listed for sale | $650,000+103.1%$137/sqft |
Source: Local MLS #199719 Report a problem | ||
| 2/4/2013 | Sold | $320,000-28.9%$68/sqft |
Source: Public Record Report a problem | ||
| 3/26/2012 | Sold | $450,336-18.1%$95/sqft |
Source: Public Record Report a problem | ||
| 11/5/2011 | Listing removed | $549,900$116/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 10/16/2011 | Price change | $549,900-4.3%$116/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 10/7/2011 | Price change | $574,900+4.5%$121/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 9/27/2011 | Price change | $549,900-4.3%$116/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 9/24/2011 | Listed for sale | $574,900-4.2%$121/sqft |
Source: CENTURY 21 Pro Service, REALTORS #290040 Report a problem | ||
| 8/1/2011 | Listing removed | $599,900$127/sqft |
Source: Century 21 Pro Service #282825 Report a problem | ||
| 7/12/2011 | Price change | $599,900-4.6%$127/sqft |
Source: Century 21 Pro Service #282825 Report a problem | ||
| 7/2/2011 | Listed for sale | $629,000$133/sqft |
Source: Century 21 Pro Service #282825 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37640
Nearby schools
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.




