555 Cove Ridge Rd

Butler, TN 37640

$800,000
Last Sold Price
3
Beds
1,495 Sq. Ft.
$535 / Sq. Ft.
1,495
Sq. Ft.
$535
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 12/12/22
Closed 12/12/22
PROPERTY.3
JADE.SHOT.6
Jadefall
JADE.FLAG
JADE.SHOT.1
FRONT.ENTRANCE.DRIVE
JADE.HOLIDAY
jadefront.spring
FRONT.PORCH
JADE.SHOT.2
JADE.SHOT.3
DECK.FALLSHOT
02.LIVING.REVISED.1
02.LIVING.9
01.KITCHENREVISED.1
01.KITCHEN.1
09.LAUNDRYSTORAGE.1
09.LAUNDRYSTORAGE.2
05.GUEST.3
03.MASTERLOFTREVISED.2
03.LOFTMASTER.10
03.LOFTMASTER.6
03.LOFTMASTER.1
06.MASTERBATH.2
06.MASTERBATH.3
05.GUEST.5
05.GUEST.6
04.GUEST.2
04.GUEST.3
04.GUEST.5
05.GUEST.2
07.GUESTBATH.1
07.GUESTBATH.2
PROPERTY.DRONE.2
PROPERTY.1
IMG_4337 2
LAKEVIEW.LOWERLEVEL
PROPERTY.2
PROPERTY.COVESHOT
PROPERTY.DRONE.1
WATAGUALAKE
SHED
SHED.INTERIOR

Description

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,...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.
  1. Listed by Scott Metcalf • REMAX Checkmate, Inc. Realtors

Property Details for 555 Cove Ridge Road

Architectural Style
A-Frame
View
Water, Mountain(s)
Waterfront Features
Lake Front
Waterfront
Yes
Zoning
Residential
Subdivision
Not In Subdivision
LISTING CLOSED: 12/12/2022 12:00 AM

Property Details for 555 Cove Ridge Road

StatusClosed
MLS #9944803
Days on Market54
Taxes$2,073 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1967
Lot Size1.68 AC / 73,180 SF
CountyCarter County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of REMAX Checkmate, Inc. Realtors, Scott Metcalf (423.741.1366)

Sold By Lake Homes Realty Smithville, Deborah Short-Taylor (423.213.1485)

Add your commute

Building Information for 555 Cove Ridge Road

Stories3Year Built1967Building Size-Lot Size1.68 AC / 73,180 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,159 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,986

Property Taxes

$173

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 555 Cove Ridge Road

Summary
Location and General Information
  • City: Butler
  • County: Carter
  • 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.
  • Latitude: 36.35
  • Longitude: -82.04
  • Postal Code: 37640
  • State Or Province: TN
  • Topography: Sloped
  • MLS Area Major: 315 - Butler
  • MLS Area Minor: 315 - Butler
  • General Property Description : Zoning: Residential
Taxes and HOA Information
  • Tax Book Number: 265
  • Association/Amenities: Spa/Hot Tub
  • Association: Yes
  • Parcel Number: 045 017.00
  • Association Fee: 0.0
  • General Property Description : Deed Book: 265
  • General Property Description : Deed Page: 423
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $2,073.14
School Information
  • High School: Unaka
  • Middle Or Junior School: Little Milligan
  • Elementary School: Little Milligan
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 1.68 acres
  • Lot Size Square Feet: 73,180.80
  • Lot Size Acres: 1.68
  • Lot Size Area: 1.68
  • Lot Size Units: Acres
  • Living Area: 1,495.00
  • Building Area Total: 1,495.00
  • General Property Description : Acres: 1.68
  • General Property Description : Above Grade SqFt: 1120.0
  • General Property Description : Total SqFt Unfinished: 0.0
  • SqFt Details : Finished SqFt Level: 720
  • SqFt Details : Finished SqFt Level: 400
  • SqFt Details : Basement Total SqFt: 375
  • SqFt Details : Garage Total SqFt: 0
Property and Assessments
  • Property Condition: Above Average, Updated/Remodeled
  • Property Type: Residential,Single Family Residence
  • Year Built: 1967
  • Property Sub Type: Single Family Residence
  • Property Type Label: Residential
  • Documents Available: Property Condition
  • New Construction: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Heat Pump
  • Fireplace Features: Living Room, Wood Burning Stove
  • Interior Features: Granite Counters, Remodeled, See Remarks
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Other Equipment: Dehumidifier
  • Other Structures: Storage
  • Bathrooms Total Decimal: 3.00
  • Basement: Finished
  • Flooring: Ceramic Tile, Hardwood
  • Rooms Total: 8
  • Bathrooms Total Integer: 3
  • Bathrooms Total Notational: 3.00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Three Or More
  • General Property Description : Stories: 3
  • Fireplace: Yes
  • BedroomsTotal: 3
  • Bathrooms Full: 3
  • Appliances: Range, Refrigerator
  • Fireplace : Living Room: Yes
  • Fireplace : Wood Burning Stove: Yes
Exterior Features
  • Exterior Features: Dock, See Remarks
  • Construction Materials: Wood Siding
  • Parking Features: Deeded, Asphalt
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Heating : Heat Pump: Heat Pump, Wood Stove
  • Walls : Drywall: Yes
  • Walls : Wood: Yes
  • Other Structures : Storage: Yes
  • Roof : Shingle: Yes

Property History for 555 Cove Ridge Road

DateEvent & SourcePriceAppreciation
Dec 12, 2022

Closed (Public Record)

Public Record #1502849623

$800,000

+16.5% / yr

Dec 12, 2022

Closed

Tennessee Virginia Regional MLS #9944803

$800,000—
Nov 10, 2022

Contract - Not Showing

Tennessee Virginia Regional MLS #9944803

—
DateEvent & SourcePrice
12/12/2022

Closed (Public Record)

Public Record #1502849623

$800,000

+16.5% / yr

12/12/2022

Closed

Tennessee Virginia Regional MLS #9944803

$800,000
11/10/2022

Contract - Not Showing

Tennessee Virginia Regional MLS #9944803

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 555 Cove Ridge Road

Taxable ValueLand$79,975Additions$23,750Total$103,725
Tax Record2024$2,261 ($188 / month)
Home Facts
Beds0Total Finished SqFt1,335 SqFtAbove Grade Finished SqFt960 SqFtFinished Basement SqFt375 SqFtStories3Lot Size73,181 SqFtStyleSingle Family ResidenceYear Built1967Year Renovated1997CountyCARTERAPN045 01700

Schools near 555 Cove Ridge Road

This home is within Carter County School District.
Rating
School
Type
Grades
Distance
Little Milligan
Public - PK to 5
Unaka Elementary School
Public - PK to 8
Unaka High School
Public - 9 to 12
Carter County Alternative School
Public - 5 to 12
Rating
School
Distance
Little Milligan
PublicPK to 5

Unaka Elementary School
PublicPK to 8

Unaka High School
Public9 to 12

Carter County Alternative School
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
563 Cove Ridge Road, Butler, TN 37640
$265,000
3
1,752
0.41
563 Cobb Creek Road, Butler, TN 37640
–
–
2
1,570
0.32
303 Cove Ridge Circle, Butler, TN 37640
$152,500
2
1,600
1.41
106 Cove Ridge Circle, Butler, TN 37640
–
–
3
2,646
0.78
897 Cove Ridge Circle, Butler, TN 37640
$315,000
3
2,330
2.15

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of REMAX Checkmate, Inc. Realtors, Scott Metcalf (423.741.1366)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 10/11/2024 11:27 PM