Enjoy all four seasons in this spectacular lake house! Purchased in 2016 and fully renovated in 2020, this 1967 designer A Frame sits atop a 1.65 acre peninsula on Watagua Lake, Tennessee in Cove Ridge on the outskirts of Butler TN. Close to the TN/NC border â€'' an hour north of Asheville, between Boone NC (45 min) and Johnson City TN (35 min). The home has large lake frontage and a private dock. The 1,200 square ft. 3-story A Frame has three bedrooms and three full baths, kitchen with bar seating, living area, laundry and atrium seating area adjacent to the master suite in the loft. There is a covered seating area off the lower level walk out and a new large patio off the main floor overlooking the lake. The grounds run from the top of the drive into the woods down the peninsula and into the water. Roughly 120 ft. of waterfront and into water acreage of roughly 30 x 30 yards - grandfathered in 1967: water body ownership is extremely rare on Watauga Lake. This property also comes with a new 2017, Ipe' wood dock & bridge. There are two sets of walkway steps leading to the waterfront that cross Cove Ridge Road. A shade deck under the Oak tree near waters edge provides escape from the summer sun. The property also houses a 12' x 12' custom built storage shed adjacent to the house, but well hidden from view. All information contained herein deemed reliable but not guaranteed should be verified by the buyer/buyer's agent.
Single-familyProperty Type
1967Year Built
1.68 acresLot Size
$543Est. Price/Sq.Ft.
Listed by Scott Metcalf• REMAX Checkmate, Inc. Realtors
Bought with lakehomes Short-Taylor• Lake Homes Realty Smithville
Perfect getaway on Watauga Lake! 100+ feet of Lake frontage and maintenance free dock. Easy access down to water/dock. Cozy A-Frame house that is perfect for weekend/summer enjoyment. Paved County Road access. Dock has swim platform and electricity. Watauga Lake is 16 miles long, and has a shoreline of 109 miles. Watauga Lake has a lot to offer including water sports and fishing. Encompassed by the National Forest. All information contained herein deemed reliable but not guaranteed should be verified by the buyer/buyers agent.
Year
Property tax
Land + Additions
Assessment*
2025
$2,261
2024
$2,261
2023
$2,261 (+9.1%)
2022
$2,073
2021
$2,073 (+5.5%)
2020
$1,964
2019
$1,964
2018
$1,964
2017
$1,964 (+0.8%)
2016
$1,948 (−0.9%)
2015
$1,965
2014
$1,965
Tax history for 555 Cove Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,261
2024
$2,261
2023
$2,261 (+9.1%)
2022
$2,073
2021
$2,073 (+5.5%)
2020
$1,964
2019
$1,964
2018
$1,964
2017
$1,964 (+0.8%)
2016
$1,948 (−0.9%)
2015
$1,965
2014
$1,965
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
3
Lot width
—
Lot depth
—
Lot size
1.68 Acres
Year renovated
1997
Sq. Ft.
1,431
Year built
1967
Style
Single Family Residential
County
Carter County
APN
045 01700 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 21, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Deeded, Asphalt
Interior
Bathroom Information
# of Full Bathrooms: 3
Heating & Cooling
Has Cooling
Cooling: Heat Pump
Has Heating
Heating: Heat Pump, Wood Stove
Interior Features
Interior Features: Granite Counters, See Remarks
Appliances: Range, Refrigerator
Flooring: Ceramic Tile, Hardwood
Fireplace Features: Living Room, Wood Burning Stove
Room Information
# of Rooms Total: 8
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Basement
Basement Details: Finished
Exterior
Exterior Features
Exterior Features: Dock
Patio And Porch Features: Deck
Roof: Shingle
Building Information
Structure Type: House
Below Grade Finished Area: 375
Levels: Three Or More
Construction Materials: Wood Siding
Property Features
On Waterfront
Waterfront Features: Lake Front
Has View
Other Equipment: Dehumidifier
Other Structures: Storage
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Property Condition: Updated/Remodeled
Lot Information
Lot Features: Waterfront
Lot Size Dimensions: 1.68 acres
Lot Size Area: 1.68
Lot Size Units: Acres
Lot Size Acres: 1.68
Zoning Description: Residential
Utilities
Utility Information
Water Source: Public
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: There is off street parking just past the driveway on Cove Ridge Rd. Hwy 67 cross Butler Bridge, left onto Piercetown Rd, bear left onto Red Hill Rd, left on Cove Ridge Rd, you will pass the house on left/lake on right. Continue on Cove Ridge Rd to driveway behind house.
Subdivision Name: Not In Subdivision
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,431
Stories: 3.0
Lot Size: 1.68 acres
Style: Single Family Residential
Year Built: 1967
Year Renovated: 1997
County: Carter County
APN: 045 01700 000
Home facts updated by county records on Apr 21, 2026
Around this home
Schools
Places
Transit
Unaka Elementary School
Public PreK-8 • Assigned • 5.2mi
6/10
Unaka High School
Public 9-12 • Assigned • 6.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
8 days above 95° expected this year, 22 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
In this area, properties receive around 8.6 hours in
June and 4.7 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$771,000 – $934,000
Sell confidently with a local market expert in Butler. 3 minutes to get started.