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USATNButlerBear Ridge Estates191 Bear Ridge Dr
Listing image | Image 1

191 Bear Ridge Dr, Butler, TN

House

For Sale

Listed price in listed location currency (USD).
$1,099,000

532

MLS® 9981378

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 4733 sqft
Garage Yes
Taxes 
Days Active 314
Lot Size 
Approx. Age 2003
Avg. Price Per Sqft $232
MLS® Number 9981378

Property Address: 191 Bear Ridge Dr, Butler, TN, 37640-5023

Average square foot calculated using Size range provided by listing agent.

Description

This is not just a home -- it's a rare high-capacity short-term rental opportunity designed for large groups, strong nightly rates, and flexible use. Located just ¼ mile from the marina, this 4, 700+ sq ft property combines sleeping capacity, layout, views, and high-speed internet -- a combination that is extremely hard to find in this market. This 4, 700+ sq ft mountain and lake-view property offers a rare combination of size, layout, infrastructure, and location that makes it uniquely suited for both personal use and income-producing short-term rental potential. Designed with flexibility in mind, the home comfortably accommodates large groups while maintaining excellent flow and usability across multiple levels. • Approved for 6-bedroom septic capacity -- a major advantage for short-term rental use • Custom-built bunk room with multiple beds, ideal for maximizing occupancy and nightly rates • Spacious layout well-suited for multi-family or group stays • Lower level includes a second kitchen / entertaining area, perfect for hosting separate groups or extended stays Short-term rentals in the Butler / Watauga Lake area commonly range from $300-$900+ per night depending on size and location, with larger group-oriented homes commanding premium rates. Based on size, layout, and capacity, this property has strong potential as a high-performing STR, with projected annual revenue in the $100K+ range depending on management and occupancy. What sets the property apart is: * Listed below appraisal • Spectrum high-speed internet -- a rare and critical feature in this area for guests and remote work • Whole-house generator for reliability and peace of mind • Located just ¼ mile from marina access, ideal for boating and vacation use • Strong flow, soaring ceilings, and large windows capturing mountain and lake views This home has extensive upgrades. It is move in / rental ready • New roof • Newly sanded and stained exterior with premium protective coating • Rinnai tankless hot water system • Brand new 6-bedroom septic system (replacing prior 2-bedroom system) • Fully renovated kitchens and bathrooms (high-end finishes) • New flooring, lighting, plumbing, and electrical throughout • Fresh interior paint • Added covered front porch Properties with this combination of: Large square footage High sleeping capacity Updated systems and infrastructure Marina proximity Reliable high-speed internet are extremely limited in this market. Whether used as a private retreat, multi-family getaway, or income-producing asset, this property offers scale, flexibility, and functionality that smaller homes simply cannot match. A rare opportunity to own a high-capacity, fully upgraded property in one of the area's most desirable lake-access locations WALLPAPER IS EASILY REMOVED. IF YOU DO NOT LIKE THE WALL PAPER SELLER WILL HAVE IT REMOVED FOR THE RIGHT PRICE!! Buyers, Buyer's agent to verify any and all information
MLS® Number9981378
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2003
BasementFinished, Full
DrivewayAsphalt, Attached, Circular Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2025List Date
$1,099,000List Price

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