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285 Cable Hollow Road

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Butler, TN 37640 · Carter County

4 Beds 4 Baths 4,920 Sq Ft 3.83 Acres Built 2002
Waterfront Water View Lake Access

Description

LUXURY LAKEFRONT RETREAT ON WATAUGA LAKE!! Welcome to the ultimate lakefront retreat on beautiful Watauga Lake. Nestled in the highly desirable Elk River Estates, this fully furnished waterfront home offers an incredible combination of luxury, comfort, privacy, and outdoor living. Situated on 3.83 acres, the property stretches across the lake to the opposite shoreline, creating a truly rare and remarkable setting. Designed for enjoying lake life year-round, the property features a covered boat dock complete with a power lift and five jet ski lifts, all tucked within a quiet cove with year-round water access. A gentle walk from the home leads directly to the shoreline, making it easy to spend your days boating, swimming, fishing, or simply relaxing by the water. The outdoor entertaining space is exceptional, offering a fire pit area, dining and sitting space, covered patio, covered back Trex decking, and an additional side deck - all positioned to capture the breathtaking lake and mountain views. Inside, the home welcomes you with soaring vaulted ceilings, warm wood walls and ceiling, and an abundance of windows that fill the open living space with natural light while showcasing the stunning scenery. The spacious living room centers around a beautiful brick fireplace with gas logs and flows seamlessly into the kitchen and oversized dining area with elegant trey ceilings. The fully equipped kitchen is designed for entertaining and features stainless steel appliances, granite countertops, built-in microwave and oven, a large island with a gas cooktop, and bar seating. The main level also includes a laundry room, half bath, and an impressive primary suite complete with trey ceilings, walk-in closet, double vanity, and French doors leading directly to the deck overlooking the lake. Upstairs offers spacious accommodations for family and guests with three large bedrooms, including one with its own private walk-out balcony and two full bathrooms. The finished basement is an entertainer's dream with a massive recreational area, kitchenette, granite countertops, oversized island with bar seating, and French doors opening to the lower patio and lakefront setting. Additional unfinished rooms provide abundant storage or potential for expanded living space. The property also includes access to a private community boat ramp and is conveniently located just a short drive to Boone, NC. Whether you are searching for a luxury vacation getaway, investment property, or full-time waterfront residence, this extraordinary lakefront property delivers the very best of East Tennessee living. Buyer/buyer's agent to verify all info.

Property Details

MLS # 9996481
Property Type Residential
Bedrooms 4
Bathrooms 4
Square Feet 4,920
Acres 3.83
Year Built 2002
Stories 2
Lot Size (Sq Ft) 166,834
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, Heat Pump

Heating: Central, Heat Pump, Fireplace(s), Propane

Basement: Full, Finished, Walk-Out Access

Flooring: Hardwood, Ceramic Tile, Luxury Vinyl

Fireplace: Brick, Gas Log, Living Room

Appliances: Built-In Electric Oven, Disposal, Gas Range, Cooktop, Microwave, Refrigerator, Washer, Wine Refrigerator

Door Features: French Doors

Window Features: Double Pane Windows

Laundry Features: Washer Hookup, Electric Dryer Hookup

Interior Features: Balcony, Bar, Kitchen Island, Walk-In Closet(s), Granite Counters, Primary Downstairs, Remodeled

Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)

Exterior Features

Roof: Shingle

Foundation: Block

Parking Features: Concrete, Parking Pad

Porch/Patio/Deck: Back, Rear Patio, Deck, Side Porch, Covered, Balcony

Exterior Features: Balcony, Dock

Property Features

View: Mountain(s), Water

Sewer: Septic Tank

Water: Shared Well

Utilities: Electricity Connected, Sewer Connected, Water Connected, Fiber Available

Structure Type: House

Community Features: Other

Property Condition: Above Average

Waterfront Features: Lake Privileges, Lake Front

Easements: Flood Zone

Financial

List Price $1,975,000
Original List Price $1,975,000
Price / Sq Ft $401.42
Price / Acre $515,666
HOA $500.00 / Annually

Property Insights

Elevation
1,953'
378' change across lot
Terrain
Steep
29.0% slope
Flood Zone
A, X
High risk · In SFHA
Tax Assessment
$321,250
Land: $227,000 · Improvements: $1,058,000
Water
Waterfront, View
Watauga Lake
Last Sale
$740,500
Dec 15, 2020

Directions

From Hampton, take Hwy 321, turn right to continue on Hwy 321, turn left onto Cable Hollow Road, house is one the left at the end of the road (shared driveway), see 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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Share This Property

MLS #9996481 · Jessica Harkness · Foundation Realty Group · Listed 2026-06-06

© 2026 Tennessee Virginia Regional MLS. Provided via RESO Web API / FBS Data Exchange. Information is deemed reliable but not guaranteed. Last updated: Jun 6, 2026.

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