207 Main St, Butler, TN, 37640
About This Home
Charming Restored 1935 Farmhouse Across from Watauga Lake. Located on over half an acre directly across from beautiful Watauga Lake, this lovingly restored 1935 farmhouse offers a rare blend of history, character, and modern updates. Originally part of “Old Butler,” the home was relocated to its current site when the Tennessee Valley Authority created the lake—giving it a unique and meaningful past. Watauga Lake spans 16 miles with over 100 miles of shoreline winding through the mountains, much of it bordered by protected national forest. The result is a truly breathtaking setting with exceptional opportunities for boating, fishing, kayaking, and swimming—all just steps from your front door. Enjoy peaceful evenings on the front porch watching the sun set over the lake, or take advantage of the public boat launch directly across the street. Two marinas are within 1.5 miles, including one just across the road, making lake access effortless. Inside, the home features original heart pine floors and a thoughtfully updated interior that preserves its historic charm while adding modern comfort. Recent improvements include a new roof and sheathing, restored original wood siding with custom-milled replacements, updated insulation, and a newer heat pump for year-round efficiency. The kitchen and bath have been tastefully updated. The main home offers an open living and dining area, two bedrooms with lake views, a spacious bathroom with laundry, a mudroom, and an unfinished basement for storage or future expansion. The backyard is designed for both relaxation and entertaining, featuring a hot tub area, a detached tiny house bedroom, and a “party barn” complete with a bedroom, full bath, living space, kitchen, and an insulated garage door that opens to the patio. The fully fenced yard provides plenty of space for gatherings with family and friends and added safety for pets. Offered fully furnished and turnkey, this property includes everything needed to begin renting immediately, with the exception of artwork and a few small exclusions. With frontage on both Main Street and Hill Street, the property also offers elevated vantage points with stunning lake views from the upper portion of the lot. For Sale by Owner – Seller is a licensed Real Estate Broker in NC This one-of-a-kind lake property is perfect as a full-time residence, vacation getaway, or investment opportunity.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Foundation: Footing
- Roof: Metal
Type & Style
- Home type: SingleFamily
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer
Basement
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Other,Hardwood,Laminate,Linoleum / Vinyl
Heating & Cooling
- Heating features: Baseboard,Heat pump
- Cooling features: Other
Interior Area
- Total interior livable area: 1,350 sqft
Property
Details
- Parcel number: 081JC01800000
- Zoning: Subdivision
Features
- Exterior features: Wood
- Has spa: Yes
- Has view: Yes
- View description: Water,Mountain
- Has water view: Yes
- Water view: Water
Lot
- Lot size: 0.50 Acres
Parking
- Parking features: Off-street,On-street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Inland Flooding
- Landslide
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance | $236 | $2,832 |
| Property Taxes | $642 | $7,704 |
| Electricity | $175 | $2,103 |
| Total | $2,822 | $33,864 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $385,000 |
| 2017-06-08 | Sold | $95,000 |
| 2017-04-28 | Listed for sale | $99,900 |
| 2016-08-18 | Sold | $30,500 |
| 2016-05-13 | Listing removed | -- |
| 2016-05-08 | Price change | $7,500 |
| 2016-04-15 | Listed for sale | -- |
| 2015-10-12 | Listing removed | $34,900 |
| 2015-04-14 | Listed for sale | $34,900 |
| 2014-02-21 | Listing removed | $34,900 |
| 2014-02-13 | Listed for sale | $34,900 |
| 2013-03-21 | Listing removed | $34,900 |
| 2013-03-20 | Price change | $34,900 |
| 2013-03-19 | Listed for sale | $38,000 |
| 2012-12-06 | Listing removed | $42,500 |
| 2012-10-16 | Listed for sale | $42,500 |
| 2012-09-05 | Listing removed | $42,500 |
| 2012-08-10 | Price change | $42,500 |
| 2012-06-27 | Listed for sale | $49,900 |
| 2012-05-25 | Sold | $28,125 |
| 2006-08-29 | Sold | $75,000 |
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