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Off market
  • $449,500

    412 K And R Rd, Butler, TN 37640

    4beds
    12,000sqft
    SingleFamily
    Built in 1985
    17.04 Acres Lot
    $-- Zestimate®
    $37/sqft
    $1,200 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,200/mo

    Zestimate® history
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    What's special

    **NO DRIVE-BY'S PLEASE-PRIVATE PROPERTY-WALK THRU'S MUST BE PRE-SCHEDULED WITH Realtor** Please contact Heather Mann at 423-967-3092 to schedule a showing. You can also contact by email: heather.mann@crye-leike.com. Due to the COVID-19 pandemic, showings must be prescheduled and please be prepared to wear a mask. Feel free to reach out to Heather for additional information or questions regarding the property. UPDATES and renovations will be added to description in reverse order (based on timeline of adding): *** New Server's Area with Custom Counter and Added Storage *** **New Custom Drop Ceiling Installed throughout the Business Lower Level (Kitchen and Dining Rooms). **Formal Dining Room with newly added Epoxy Floor is now finished. Photos have been added. Brand new tables have been added as well. Total seating capacity between all the dining rooms and the theatre is 105+.** NO MORE WATER BILLS!!! Brand New Water Well was installed to eliminate water bills and ensure water efficiency! **BRAND NEW TIN ROOF!!! Warranty 50 years on tin and 2 years on installation will convey to New Owners!! **NEW GUTTERING WITH DOWNSPOUTS!!! Comes with a lifetime warranty! **NEW Outdoor Lighting installed to add the perfect touch to this amazing property!! **4 NEW Sliding Doors Installed with built in security braces and screens. Warranty will convey to New Owners! ** NEW Red Entrance Doors to the restaurant!!! ** Unlimited potential for this lodge located in a beautiful, peaceful setting between Mountain City and Watauga Lake. Much of the renovation has been started, with much of the attached living quarters already completed. Property features a Residence (4 bedrooms/2 full bath) attached to what could become a business (once renovations are complete). The "Business Side"/Lower Level - contains a commercial kitchen, dining rooms, and theatre with costume room and sound room as well as a bar area. The Upper Level a housekeeping room, 4 suites with individual private bathrooms in each suite (still in the process of renovation) as well as access to an enclosed balcony situated to enjoy the gorgeous mountain views. This would be a great opportunity for a restaurant, bed and breakfast, a wedding venue or even a brewery! Back in the day this establishment was booked out 6 weeks in advance! Seller has many furnishings for the bed and breakfast that will be included with the sale (full listing price). There is also a new storage building behind the commercial building. The possibilities are endless!! *** Note from the seller: Renovations will continue until an offer is accepted. As more renovations are completed, the selling price will continue to be increased. This property once completed will be appraised at over $1.2 Million. Owner is unable to offer "Private Seller Financing"***

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Other
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 12,000 sqft

    Property

    Parking
    • Parking features: Carport, Garage - Detached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 17.04 Acres
    Details
    • Parcel number: 06004604001

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Footing
    • Roof: Metal
    Condition
    • Year built: 1985

    Community & neighborhood

    Location
    • Region: Butler

    Price history

    DateEventPrice
    10/24/2022Listing removed--
    Source: TVRMLS #9938562
    5/30/2022Listed for sale$741,000$62/sqft
    Source: TVRMLS #9938562

    Public tax history

    YearProperty taxesTax assessment
    2024$2,483 $112,375
    2023$2,483 +22.1%$112,375
    2022$2,034 $112,375

    Find assessor info on the county website

    Neighborhood: 37640

    Nearby schools

    GreatSchools rating
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