Map
Link Copied
Listed price in listed location currency (USD).
$1,189,000

532

MLS® 9981378

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4733 sqft
Garage Yes
Taxes 
Days Active 313
Lot Size 
Approx. Age 2003
Avg. Price Per Sqft $251
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. 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
$1,189,000List Price
  • Commute

Commute

Starting Address
Destination Address
191 Bear Ridge Dr, Butler, TN

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties