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For sale
  • Price cut: $25K (8/27)
    $324,900

    207 Main Street, Butler, TN 37640

    2beds
    858sqft
    : 
    $1,923/mo
    Get pre-qualified
    Farm, Single Family Residence
    Built in 1935
    0.5 Acres Lot
    $307,100 Zestimate®
    $379/sqft
    $-- HOA

    What's special

    Three separate finished spacesFully fenced yardNewer heat pumpNew roof and sheathingUpdated insulationEvenings overlooking the waterUpdated kitchen and bath
    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.
    97 days
    |
    1,155
    |
    44
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joel Farthing 828-773-3384,

    Boone Real Estate 828-265-1021

    Source: High Country AOR,MLS#: 261908MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric, Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
      • Laundry: Washer Hookup, Dryer Hookup, Main Level
      Features
      • Furnished, Second Kitchen
      • Windows: Double Pane Windows
      • Basement: Full,Unfinished
      • Has fireplace: No
      • Fireplace features: None
      • Furnished: Yes
      Interior area
      • Total structure area: 1,610
      • Total interior livable area: 858 sqft
      • Finished area above ground: 858
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, Gravel, Private
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Multiple, Open
      • Exterior features: Hot Tub/Spa, Storage, Gravel Driveway
      • Has spa: Yes
      • Has view: Yes
      • View description: Mountain(s), Pasture, Lake
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 0.5 Acres
      Details
      • Additional structures: Guest House, Living Quarters, Shed(s)
      • Parcel number: 081J C 018.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,Farmhouse,Mountain
      • Property subtype: Farm, Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Basement
      • Roof: Asphalt,Shingle
      Condition
      • Year built: 1935

      Utilities & green energy

      • Sewer: Septic Permit Unavailable, Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, High Speed Internet Available, Septic Available

      Community & HOA

      Community
      • Features: Long Term Rental Allowed, Short Term Rental Allowed
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Butler

      Financial & listing details

      • Price per square foot: $379/sqft
      • Tax assessed value: $52,700
      • Annual tax amount: $291
      • Date on market: 5/21/2026
      • Listing terms: Cash,Conventional,New Loan
      • Road surface type: Paved

        Estimated market value

        $307,100

        $292,000 - $322,000

        $1,055/mo

        Price history

        DateEventPrice
        8/27/2026Price change$324,900-7.1%$379/sqft
        Source: High Country AOR #261908 Report a problem
        7/29/2026Price change$349,900-2.8%$408/sqft
        Source: High Country AOR #261908 Report a problem
        7/22/2026Price change$359,900-1.4%$419/sqft
        Source: High Country AOR #261908 Report a problem
        7/17/2026Price change$365,000-1.3%$425/sqft
        Source: High Country AOR #261908 Report a problem
        7/11/2026Price change$369,900-1.4%$431/sqft
        Source: High Country AOR #261908 Report a problem
        5/27/2026Price change$375,000-2.6%$437/sqft
        Source: High Country AOR #261908 Report a problem
        5/21/2026Listed for sale$385,000+305.3%$449/sqft
        Source: TVRMLS #9995752 Report a problem
        6/8/2017Sold$95,000-4.9%$111/sqft
        Source: High Country AOR #200260 Report a problem
        4/28/2017Listed for sale$99,900+227.5%$116/sqft
        Source: Visual Tour #390849 Report a problem
        8/18/2016Sold$30,500+306.7%$36/sqft
        Source: TVRMLS #376660 Report a problem
        5/13/2016Listing removed--
        Source: Auction.com Report a problem
        5/8/2016Price change$7,500-78.5%$9/sqft
        Source: Auction.com Report a problem
        4/15/2016Listed for sale--
        Source: Auction.com Report a problem
        10/12/2015Listing removed$34,900$41/sqft
        Source: Coldwell Banker Security Real Estate #322165 Report a problem
        4/14/2015Listed for sale$34,900$41/sqft
        Source: Coldwell Banker Security Real Estate #322165 Report a problem
        2/21/2014Listing removed$34,900$41/sqft
        Source: Coldwell Banker Security Real Estate #322165 Report a problem
        2/13/2014Listed for sale$34,900$41/sqft
        Source: Homepath #322165 Report a problem
        3/21/2013Listing removed$34,900$41/sqft
        Source: Homepath #322165 Report a problem
        3/20/2013Price change$34,900-8.2%$41/sqft
        Source: Homepath #322165 Report a problem
        3/19/2013Listed for sale$38,000-10.6%$44/sqft
        Source: Homepath #322165 Report a problem
        12/6/2012Listing removed$42,500$50/sqft
        Source: Coldwell Banker Security Real Estate #322165 Report a problem
        10/16/2012Listed for sale$42,500$50/sqft
        Source: Homepath #322165 Report a problem
        9/5/2012Listing removed$42,500$50/sqft
        Source: Coldwell Banker Security Real Estate #322165 Report a problem
        8/10/2012Price change$42,500-14.8%$50/sqft
        Source: Coldwell Banker Security Real Estate #322165 Report a problem
        6/27/2012Listed for sale$49,900+77.4%$58/sqft
        Source: Homepath Report a problem
        5/25/2012Sold$28,125-62.5%$33/sqft
        Source: Public Record Report a problem
        8/29/2006Sold$75,000$87/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$291 $13,175
        2024$291 $13,175
        2023$291 +66.3%$13,175 +36.2%
        2022$175 $9,675
        2021-- $9,675 +7.5%
        2020$185 $9,000
        2019$185 $9,000
        2018$185 -0.3%$9,000
        2017$185 $9,000
        2016$185 +13.6%$9,000
        2015$163 -6.7%$9,000 -6.7%
        2014$175 +0.1%$9,650 +0.1%
        2013$175 +2.3%$9,642
        2012$171 $9,642
        2011$171 $9,642
        2010-- $9,642 +14.1%
        2009$171 $8,447
        2008$171 $8,447
        2007$171 $8,447
        2006$171 -22.2%$8,447
        2005$220 +28.7%$8,447 +28.7%
        2004$171 +8.8%$6,565
        2002$158 $6,565
        2001-- $6,565 -75%
        2000-- $26,261
        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.
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        Climate risks

        Neighborhood: 37640

        Getting around

        6 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: TN

        Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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