Market Report · August 2026

Watauga Lake Real Estate Market

Real numbers from local MLS sales across the Watauga Lake area — trailing 12 months, not a national portal's guess.

Homes — by Water Feature

Lake front, lake view, lake access, and the surrounding area are four different markets. Here's each one:

Lake Front Homes
water at the property
$724,500
Median Sold
10
Sold · 12 mo
53
Avg DOM
4
Active Now
$1,199,500
Active Median
See the 4 active + 10 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 8/10/2026 Address Available, Butler $6,700,000 10 MLS
Active 8/11/2026 175 Lakeside Drive, Butler $1,550,000 9 MLS
Active 5/6/2026 237 Candlewood Lane, Butler $849,000 106 MLS
Active 6/3/2026 465 Big Oak, Butler $680,000 78 MLS
Sold 8/12/2026 285 Cable Hollow Road $1,440,000 68 MLS
Sold 7/17/2026 143 Lakeside Drive $650,000 88 MLS
Sold 7/13/2026 162 Cable Hollow Road $629,000 53 MLS
Sold 7/9/2026 1053 Piercetown Road $799,000 1 MLS
Sold 6/12/2026 134 Summer Hill Private Drive $1,050,000 59 MLS
Sold 5/29/2026 248 Cable Hollow Road $900,000 36 MLS
Sold 5/1/2026 1065 Piercetown Road $625,000 28 MLS
Sold 4/29/2026 889 Piercetown Road $600,000 20 MLS
Sold 8/27/2025 16485 Hwy 67 W $450,000 1 MLS
Sold 8/21/2025 1952 Sink Valley Rd $850,000 176 MLS
Lake Access Homes
deeded or community access
$705,650
Median Sold
6
Sold · 12 mo
188
Avg DOM
13
Active Now
$850,000
Active Median
See the 13 active + 6 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 4/7/2026 710 Gordon Ridge Road, Butler $1,760,250 135 MLS
Active 6/10/2026 589 Harbor Point Road, Butler $1,049,000 71 MLS
Active 3/17/2026 136 Farmhouse Village Trail, Butler $898,000 156 MLS
Active 3/17/2026 232 Farmhouse Village Trail, Butler $898,000 156 MLS
Active 3/17/2026 190 Farmhouse Village Trail, Butler $898,000 156 MLS
Active 5/13/2026 375 Lake Cabin Lane, Butler $850,000 99 MLS
Active 5/30/2026 109 Lonesome Pine Trail, Butler $850,000 82 MLS
Active 6/28/2026 397 Lake Cabin Lane, Butler $725,000 53 MLS
Active 7/15/2026 505 Scott Street, Butler $699,900 36 MLS
Active 7/8/2026 512 Norris Rd ( Bridle Path) Road, Butler $519,000 43 MLS
Active 1/2/2026 476 Norris Rd ( Bridle Path) Road, Butler $499,000 230 MLS
Active 1/2/2026 477 Norris Rd ( Bridle Path) Road, Butler $499,000 230 MLS
Active 5/8/2026 115 Lonesome Pine Trail, Butler $414,000 104 MLS
Sold 5/29/2026 221 Harbor View Road $926,900 278 MLS
Sold 2/20/2026 306 Silver Oak Trail $635,000 130 MLS
Sold 2/18/2026 236 Lakeside Drive $618,000 321 MLS
Sold 12/11/2025 175 Deer Ridge Ct $865,000 113 MLS
Sold 9/9/2025 289 Harbour View Rd $725,000 89 MLS
Sold 8/29/2025 172 Lakeside Dr $686,300 199 MLS
Lake View Homes
view, no frontage
$308,750
Median Sold
6
Sold · 12 mo
155
Avg DOM
4
Active Now
$607,250
Active Median
See the 4 active + 6 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 5/20/2026 683 Lakeridge Drive, Butler $750,000 92 MLS
Active 5/30/2026 807 Vista Road, Butler $675,000 82 MLS
Active 4/4/2026 2210 Norris Road, Butler $539,500 138 MLS
Active 8/17/2026 290 Lakeridge Road, Butler $350,000 3 MLS
Sold 7/6/2026 179 Woodhaven Drive $310,000 293 MLS
Sold 5/26/2026 244 Bill Branch Lane $510,000 55 MLS
Sold 4/2/2026 624 Whaley Town Road $180,000 228 MLS
Sold 2/20/2026 250 Piercetown Road $235,000 100 MLS
Sold 12/8/2025 118 Managoff Ln $307,500 102 MLS
Sold 10/22/2025 261 Rainbolt St $400,000 152 MLS
Surrounding Lake Area
no frontage, view, or access
$295,000
Median Sold
27
Sold · 12 mo
162
Avg DOM
17
Active Now
$349,900
Active Median
See the 17 active + 27 sold behind these numbers
Status Listed / Sold Address Price DOM Source
Active 7/28/2026 1877 Dry Hill Road, Butler $7,900,000 23 MLS
Active 6/16/2026 191 Bear Ridge Drive, Butler $1,175,000 65 MLS
Active 6/12/2026 4125 Pine Orchard Road, Butler $1,150,000 69 MLS
Active 5/5/2026 4379 Pine Orchard Road, Butler $674,000 107 MLS
Active 5/6/2026 268 A Moreland Drive, Butler $595,000 106 MLS
Active 4/10/2026 289 Myrtle Drive, Butler $400,000 132 MLS
Active 7/16/2026 1357 Doe Creek Road, Butler $369,900 35 MLS
Active 3/31/2026 1120 Myrtle Drive, Butler $357,500 142 MLS
Active 5/21/2026 207 Main Street, Butler $349,900 91 MLS
Active 7/4/2026 1570 Highway 321, Hampton $325,000 47 MLS
Active 6/13/2024 136 Church Street, Butler $299,000 798 MLS
Active 8/19/2026 130 Gene Drive, Butler $295,000 1 MLS
Active 8/4/2026 6539 Big Dry Run Road, Butler $259,000 16 MLS
Active 7/31/2026 591 Whaley Town Road, Butler $255,000 20 MLS
Active 6/14/2026 408 Pine Street, Butler $189,000 67 MLS
Active 8/5/2026 902 R D Campbell Road, Butler $185,000 15 MLS
Active 3/30/2026 Tbd Tank Road, Butler $115,000 143 MLS
Sold 8/7/2026 540 Whaley Town Road $292,400 62 MLS
Sold 7/16/2026 3306 U.S. 321 $310,000 59 MLS
Sold 6/12/2026 239 Morley Street $180,000 38 MLS
Sold 6/3/2026 4861 Dry Hill Road $1,125,000 49 MLS
Sold 6/1/2026 162 Moody Road $700,000 1054 MLS
Sold 5/4/2026 4896 Highway 321 $185,000 1 MLS
Sold 4/3/2026 4549 Pine Orchard Road $300,000 132 MLS
Sold 3/31/2026 542 Copley Branch Road $200,000 103 MLS
Sold 3/31/2026 326 Grindstaff Road $220,000 89 MLS
Sold 3/9/2026 930 Preserve Way $347,000 99 MLS
Sold 2/27/2026 231 Pine Street $290,000 144 MLS
Sold 2/24/2026 382 Lowell Stalcup Road $324,400 141 MLS
Sold 2/20/2026 718 Copperhead Hollow Road $635,000 54 MLS
Sold 2/13/2026 14135 Highway 67 (30.82 Acres) $715,000 184 MLS
Sold 2/9/2026 531 Preserve Way $362,000 433 MLS
Sold 1/20/2026 1934 Dry Hill Road $475,000 411 MLS
Sold 1/9/2026 1331 Pine Orchard Road $295,000 115 MLS
Sold 12/17/2025 636 Copley Branch Road $290,000 31 MLS
Sold 12/2/2025 162 Lakeside Dr $325,000 104 MLS
Sold 12/1/2025 318 Wayne Laws Rd $185,000 43 MLS
Sold 11/19/2025 3980 Big Dry Run Rd $475,000 189 MLS
Sold 10/30/2025 1535 Hwy 321 $135,000 39 MLS
Sold 10/9/2025 108 Moody Rd $55,000 186 MLS
Sold 10/3/2025 423 Dugger Hollow Rd $210,000 383 MLS
Sold 10/2/2025 540 Whaley Town Rd $180,000 78 MLS
Sold 9/9/2025 1761 Pine Orchard Rd $368,000 87 MLS
Sold 9/8/2025 4166 Pine Orchard Rd $160,000 66 MLS

All homes combined: 49 sold · median $368,000 · $303/sq ft · 142 days avg on market

Land & Lots

34
Parcels Sold · 12 mo
$119,750
Median Sold Price
129
Active Land Listings
240
Avg Days on Market

Waterfront land: 6 sold · median $445,000 · 6 active (active median $424,500) — vs. off-water land median $87,500.

Sales by Month — Year over Year · all property types

Prior year This year
10
5
3
8
1
2
10
6
4
6
2
10
6
6
6
8
5
6
8
8
5
6
11
4
Sep
'24 / '25
Oct
'24 / '25
Nov
'24 / '25
Dec
'24 / '25
Jan
'25 / '26
Feb
'25 / '26
Mar
'25 / '26
Apr
'25 / '26
May
'25 / '26
Jun
'25 / '26
Jul
'25 / '26
Aug
'25 / '26

On the Market Now

Active home listings 38
Active median (all homes) $634,500
Lake front active median $1,199,500
Sold-to-list ratio (homes) 95.2%
Waterfront premium (median home) +146%
Waterfront homes sold (12 mo) 10

Community Market Reports

Every community page carries its own live market report — sold prices, pace, and trend — alongside the listings, maps, and community details. Pick one on the map or from the list:

Hover a community
to see details

Parcels
Avg Acreage
View Details →

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Donaven & Christie Braun · The Braun Group at Fathom Realty TN · 423-525-9252

Aggregate statistics computed from local MLS sold data and county records, updated 8/20/2026. Individual results vary; this is not an appraisal.

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