248 Cable Hollow Road

Butler TN 37640

3228 sq. ft.

64904.4 sq. ft.

Single-Family

Last sold for $900,000

JESSICA HARKNESS, last sold this property on 29 May 2026 after 34 days on market.

Overview

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.

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

3228 sq. ft. floor area

64904.4 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Butler over the last 12 months, the estimated median property value of 248 Cable Hollow Road is $400k.

Median value

$400k

Estimated value range

$110k - $920k

Median days on market

128

Estimated value trend

57%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Butler. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 248 Cable Hollow Road

2026

Sold

$900,000

29 May 2026 by JESSICA HARKNESS, of Foundation Realty Group

Happy sellers in Butler

We have insufficient information to provide an overview of customer satisfaction for Butler. Viewing the agent profiles, reviews and sales for Butler can provide insights for this location.