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248 Cable Hollow Road

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Butler, TN 37640 · Carter County

3 Beds 2 Baths 3,228 Sq Ft 1.49 Acres Built 1999 1 Days on Market
Waterfront Water View

Description

LAKEFRONT LIVING AT ITS FINEST ON WATAUGA LAKE!! Experience the perfect blend of privacy, comfort, and waterfront luxury with this stunning lakefront retreat in the highly sought-after Elk River Estates on Watauga Lake. Offering approximately 80 feet of shoreline, this property features a private, TVA-registered covered dock complete with two boat slips and an expansive deck area - ideal for swimming, relaxing, or entertaining right on the water. Nestled on 1.49 gently sloping acres, the home is surrounded by mature trees and a beautifully maintained yard, creating a peaceful setting with easy walk-out access to the lake. Inside, you're welcomed by an inviting foyer that opens to a spacious living room highlighted by vaulted ceilings and a dual-sided fireplace with gas logs. The kitchen and dining area flow seamlessly together, featuring white cabinetry, a center island with cook-top, double oven, and abundant pantry storage. The large dining space leads to a screened-in back porch overlooking the lake - perfect for enjoying morning coffee or evening sunsets. The main-level master suite offers its own private access to the porch and includes a luxurious bath with double vanities, a jacuzzi tub, separate shower, and a walk-in closet. A versatile bonus room on the main level provides flexibility for a home office or additional sleeping space. The laundry room is conveniently located off the garage and includes a utility sink and extra storage. Downstairs, the walk-out basement expands your living space with two generously sized bedrooms, a full bath, and an additional bonus room. A large unfinished workshop area features a sink, wood stove, workbench and plumbing for future expansion - ideal for hobbies, storage, or future customization. Step outside to a covered sitting area and additional storage space for outdoor gear. Additional highlights include a new metal roof, geothermal heating and cooling system, 400 AMP electrical service, and pull-down attic access with approximately 250 square feet of storage. The property also includes access to a private community boat ramp and is conveniently located just a short drive to Boone, NC. Whether you're searching for a full-time residence or private vacation home, this exceptional lakefront property offers the ultimate East Tennessee lifestyle! Buyer/buyer's agent to verify all info.

Property Details

MLS # 9994394
Property Type Residential
Bedrooms 3
Bathrooms 2
Square Feet 3,228
Acres 1.49
Year Built 1999
Stories 1
Lot Size (Sq Ft) 64,904
Subdivision Elk River Estates
County Carter

About Elk River Estates

Elk River Estates is a waterfront community at Watauga Lake in Carter County, Tennessee, offering direct lakefront access, private boat slips, and a community boat ramp. Residents enjoy panoramic lake and mountain views with underground utilities and paved roads throughout the development. With a community water system and a modest $500 annual HOA fee, Elk River Estates provides an accessible ent...

Waterfront Lake Access Lake View Mountain View
View Elk River Estates community profile

Features

Interior Features

AC: Central Air, Geothermal

Heating: Central, Fireplace(s), Geothermal

Basement: Interior Entry, Concrete, Exterior Entry, Partially Finished, Walk-Out Access, Workshop

Flooring: Carpet, Ceramic Tile

Fireplace: Gas Log, Great Room

Appliances: Dishwasher, Dryer, Cooktop, Microwave, Refrigerator, Double Oven, Washer

Laundry Features: Washer Hookup, Electric Dryer Hookup

Interior Features: Built-in Features, Kitchen Island, Walk-In Closet(s), Entrance Foyer, Kitchen/Dining Combo

Exterior Features

Roof: Metal

Foundation: Block

Parking Features: Gravel, Garage Door Opener, Attached

Porch/Patio/Deck: Back, Deck, Front Porch, Covered, Screened

Exterior Features: Dock

Property Features

View: Mountain(s), Water

Sewer: Septic Tank

Water: Shared Well

Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected

Structure Type: House

Property Condition: Above Average

Waterfront Features: Lake Front

Easements: Flood Zone, Power Line

Financial

List Price $925,000
Original List Price $925,000
Price / Sq Ft $286.56
Price / Acre $620,805
HOA $500.00 / Annually

Property Insights

Elevation
1,953'
23' change across lot
Terrain
Gentle
4.0% slope
Flood Zone
A, X
High risk · In SFHA
Tax Assessment
$124,175
Land: $112,900 · Improvements: $383,800
Water
Waterfront, View
Watauga Lake

Directions

From Mountain City, take Hwy 67 towards Butler, turn left onto Hwy 321, turn left onto Cable Hollow Road, go .7 miles and the house will be on the right, no sign.

Location

Get Directions Parcel Boundary
Donaven & Christie Braun

Your Local Experts

Donaven & Christie Braun

The Braun Group · Fathom Realty TN LLC

(423) 525-9252
Thank you! Your inquiry has been sent. We typically respond within 1-2 business days.

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MLS #9994394 · Jessica Harkness · Foundation Realty Group · Listed 2026-04-24

© 2026 Tennessee Virginia Regional MLS. Provided via RESO Web API / FBS Data Exchange. Information is deemed reliable but not guaranteed. Last updated: Apr 24, 2026.

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