This 4 bed/2bath home in Butler, TN is newly renovated and just 4 minutes, less than a mile away, from Mallard Cove Marina on the beautiful and scenic Watauga Lake! Approximately 1,872 sq ft. this updated home comes fully furnished, ready to go as a vacation rental/AirBnb or move-in ready home. Level 1 features a king bedroom, queen room, full bath, and living area. The 65'' Toshiba flat screen TV paired with a brand new sectional is ready for all of your guests' future movie nights. The laundry room is also on level 1 with new washer/dryer that convey. Level 2 features the primary bedroom, another full bath, and additional bedroom with a twin over full bunk bed perfect for hosting large families. The kitchen is entirely new with updated cabinets, appliances, and stylish design features like butcher block countertops and open shelving. The 8 person dining table pairs well with the brand new kitchen island equipped with 2 barstools. All furniture is brand new and conveys with the purchase of the property along with a brand new coffee maker, espresso machine, blender, toaster, and all new glassware/dinnerware. Truly AirBnb/vacation rental ready, don't miss this opportunity to own a slice of Watauga Lake real estate. The brand new composite deck with solar lights is what makes this potential vacation rental an opportunity you won't want to miss. This large deck is perfect for hosting large families or your next event at Watauga Lake. Off the deck is a large hot tub, and cedar play set. The brand new outdoor furniture and fire table both convey. The house also features a detached 2 car garage with plenty of parking or storage options. New HVAC installed, all new PEX plumbing and water heater, all new luxury vinyl flooring, new bathrooms, new gutters, newer roof, and new garbage disposal makes this home ready for your Watauga Lake living.
Single-familyProperty Type
1981Year Built
0.57 acresLot Size
$156Price/Sq.Ft.
Listed by Sam Hauser• Greater Impact Realty Erwin
Bought with Ashley Eastridge• Collins & Co. Realtors & Auctioneers
Est. $2,817 per month, based on comparable rentals
Sale and tax history for 540 Whaley Town Rd
Sale History
Tax History
Date
Event
Price
TVRMLS #9996509
Aug 7, 2026
Sold
$292,400
$156/sq ft
Jul 14, 2026
Pending
—
Jul 8, 2026
Price Changed
$294,900
$158/sq ft
Jun 28, 2026
Price Changed
$295,000
$158/sq ft
Jun 16, 2026
Price Changed
$320,000
$171/sq ft
Jun 7, 2026
Listed
$345,000
$184/sq ft
TVRMLS #9983276
Oct 2, 2025
Sold
$180,000
$96/sq ft
Aug 14, 2025
Contingent
—
Aug 8, 2025
Price Changed
$199,000
$106/sq ft
Jul 25, 2025
Price Changed
$209,000
$112/sq ft
Jul 17, 2025
Listed
$222,000
$119/sq ft
+40
Motivated Seller. This charming property is tucked away on a 0.57-acre parcel, enveloped by a lush canopy of trees, providing a tranquil and secluded atmosphere. The home boasts a spacious wraparound deck, perfect for outdoor relaxation, and a cozy firepit, ideal for cool evenings. Inside, the property offers a warm and inviting living space with a blend of rustic and modern touches. The kitchen features vibrant blue cabinetry and stainless steel appliances, adding a pop of color to the heart of the home. The bedrooms are well-appointed with ample natural light, creating a cozy retreat for rest and relaxation. On the lower level, an oversized living area, another bedroom, a bonus room/office, a full bath, a storage area, and a wood-burning stove top the list of must-have features. The expansive two-car garage also serves as a workshop, offering plenty of room for projects or storage. This home is just 0.58 miles from Mallard Cove Marina, making it easy to enjoy all the water activities Watauga Lake has to offer. With high-speed fiber internet, you can stay connected while enjoying the peace and quiet of this serene location. Whether you're looking for a full-time residence, a weekend getaway, or an Airbnb vacation rental, this unrestricted property offers the best of all possibilities—a peaceful retreat that's close to the action, yet offers all the seclusion and comfort of a private escape. Located near popular attractions, such as the Appalachian Trail, Bristol Motor Speedway, and nearby ski resorts in North Carolina, outdoor enthusiasts will find endless opportunities for adventure. Watauga Lake offers activities like boating, fishing, and water sports, while the surrounding area provides hiking, camping, and exploring in the beautiful Tennessee mountains. The town of Boone, NC, just a short drive away, offers dining, shopping, and cultural experiences, making this an ideal location for anyone seeking both tranquility and convenience.
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Basement
Basement Details: Finished, Walk-Out Access
Exterior
Exterior Features
Exterior Features: Barbecue, Outdoor Grill
Patio And Porch Features: Deck, Wrap Around
Door Features: French Doors
Roof: Shingle
Building Information
Structure Type: House
Sq. Ft.: 1872.0
Levels: Two
Construction Materials: Vinyl Siding
Foundation Details: Block, Slab
Property Features
Has View
Other Structures: Garage(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Property Condition: Updated/Remodeled
Land Information
Topography: Level
Lot Information
Lot Size : 0.57
Lot Size Dimensions: 125.25 x 161.73
Lot Size Area: 0.57
Lot Size Units: Acres
Lot Size Acres: 0.57
Zoning: Residential
Utilities
Utility Information
Water Source: Public
Utilities: Electricity Connected, Water Connected
Sewer: Septic Tank
Location
HOA Information
Association Amenities: Spa/Hot Tub
Schools Information
Elementary School: Little Milligan
Middle Or Junior School: Little Milligan
High School: Unaka
Location Information
Directions: From Butler cross bridge over lake, left on HWY 321 for 7/10's of a mile, right on WHALEY TOWN ROAD 3/10's of a mile, house is on the left and marked mailbox on the right
Subdivision Name: Not In Subdivision
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,872
Stories: 1.0
Lot Size: 0.57 acres
Style: Single Family Residential
Year Built: 1981
Year Renovated: 1997
County: Carter County
APN: 053 11102 000
Home facts updated by county records on Jul 20, 2026
Around this home
0/100 Car-Dependent
Schools
Places
Transit
Unaka Elementary School
Public PreK-8 • Assigned • 7.0mi
6/10
Unaka High School
Public 9-12 • Assigned • 7.7mi
4/10
Provided by GreatSchools
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 20 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
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$278,000 – $337,000
Sell confidently with a local market expert in Butler.