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.
Single-familyProperty Type
2002Year Built
3.83 acresLot Size
$313Price/Sq.Ft.
$42/moHOA Dues
Listed by Jessica Harkness• Foundation Realty Group
Est. $4,188 per month, based on comparable rentals
Sale and tax history for 285 Cable Hollow Rd
Sale History
Tax History
Date
Event
Price
TVRMLS #9996481
Aug 12, 2026
Sold
$1,440,000
$313/sq ft
Jul 16, 2026
Contingent
—
Jun 22, 2026
Price Changed
$1,875,000
$408/sq ft
Jun 6, 2026
Listed
$1,975,000
$430/sq ft
TVRMLS #1
May 5, 2026
Price Changed
$2,200,000
$479/sq ft
Apr 10, 2026
Price Changed
$2,250,000
$490/sq ft
Mar 14, 2026
Price Changed
$2,400,000
$522/sq ft
Nov 5, 2025
Price Changed
$2,500,000
$544/sq ft
HCMLS #226225
Dec 15, 2020
Sold
$740,500
$161/sq ft
Oct 7, 2020
Listed
$739,900
$161/sq ft
+36
Lake front home with quality craftsmanship from top to bottom! Property runs under the lake and back up the mountain across guaranteeing that this spectacular water and mountain view will never be altered. Upon pulling into the concrete drive, you will see that no expense was spared, no detail overlooked. Entering the foyer, you have a half bath and laundry to the left. To the right is a well equipped kitchen and dining room beyond, both with lake and mountain views. The living area has vaulted ceiling with beams, A-frame glass overlooking the water, and is accented by a soaring fireplace that currently has gas logs but can be wood burning to enjoy the glow of the fire on those cooler evenings. Master suite is also located on the main and both it and the living area have access to the large covered deck. Upstairs is another full bath and 4 rooms ensuring accommodations for even the largest gatherings. Upstairs balcony off the far bedroom to enjoy the spectacular views. Basement is partially framed and stubbed for plumbing ready to finish out if more space is desired. Lower patio steps onto the large gentle lawn that slopes to the waters edge. Seller has dock permit.
Raw Mls Property Sub Type: Single Family Residence
Land Information
Topography: Cleared, Rolling Slope
Lot Information
Lot Features: Waterfront
Lot Size : 3.83
Lot Size Dimensions: See Acres
Lot Size Area: 3.83
Lot Size Units: Acres
Lot Size Acres: 3.83
Zoning: Residential
Utilities
Utility Information
Water Source: Shared Well
Utilities: Electricity Connected, Sewer Connected, Water Connected
Sewer: Septic Tank
Location
HOA Information
Has Homeowners Association
Association Amenities: Spa/Hot Tub
Association Fee: $500
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $41.67
Schools Information
Elementary School: Little Milligan
Middle Or Junior School: Little Milligan
High School: Hampton
Location Information
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
Subdivision Name: Elk River Estates
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,021
Stories: 2.0
Lot Size: 3.83 acres
Style: Single Family Residential
Year Built: 2002
Year Renovated: 2006
County: Carter County
APN: 062H A 02800 000
Home facts updated by county records on Apr 21, 2026
Around this home
Schools
Cloudland Elementary School
Public PreK-6 • Assigned • 7.6mi
6/10
Cloudland High School
Public 7-12 • Assigned • 7.7mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 92° expected this year, 21 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Butler, TN • 37640
Average low and high temperatures (°F)
39
22
48
30
62
38
69
48
70
52
79
61
83
66
79
61
74
57
66
46
57
38
47
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.64M – $1.98M
Sell confidently with a local market expert in Butler.