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115 Lonesome Pine Trl, Butler, TN, 37640

1beds
2baths
890sqft
$434,000
$488price/sqft
$3,478/moest. monthly cost
$139,120/yrincome needed

About This Home

Escape to your own slice of mountain serenity in the heart of Northeast Tennessee! This charming 1 bedroom, 1.5 bath cottage with versatile loft space sits on 1.16 private acres with stunning Watauga Lake views -- offering the perfect blend of peaceful retreat and outdoor adventure. Tucked into a beautifully wooded setting in the desirable Elk River Estates community, this storybook home greets you with timeless cottage charm. A welcoming wraparound covered and screened porch invites you to slow down, sip your morning coffee, and soak in the breathtaking views of Watauga Lake glistening through the trees. Step inside to discover a bright, open-concept living space anchored by soaring cathedral ceilings, dramatic arched windows that flood the home with natural light, and a cozy wood-burning stove perfect for crisp mountain evenings. The vaulted great room flows seamlessly into the kitchen, creating an inviting space for entertaining or quiet relaxation. Skylights throughout the home enhance the airy, light-filled atmosphere. The well-appointed kitchen features ample cabinetry, generous counter space, and large windows framing serene wooded views -- making meal prep a pleasure. A spacious main-level bedroom with full bath provides comfortable accommodations. Upstairs, the spacious open loft offers incredible versatility -- use it as a second sleeping area, home office, art studio, reading nook, or guest retreat. A convenient half bath in the loft adds extra functionality, while skylights and an arched window create a magical, treehouse-like ambiance. Step outside to enjoy your private backyard fire pit area, perfect for cool evenings under the stars, plus a handy outbuilding for storage, hobbies, or a future workshop. EXCLUSIVE COMMUNITY PERK: Property owners enjoy access to a private community boat ramp on Watauga Lake -- making it effortless to launch your boat, kayak, or paddleboard whenever the mood strikes. Watauga Lake is renowned for crystal-clear waters, fantastic fishing, boating, swimming, and stunning mountain scenery. Surrounded by the Cherokee National Forest, the area offers endless hiking, biking, and exploring opportunities just minutes from your door. UNBEATABLE LOCATION: Enjoy the best of mountain living with everything within easy reach -- Elizabethton, TN is just 25 minutes away (~17 miles) for shopping, dining, and historic charm; Bristol, TN/VA is approximately 45 minutes (~33 miles); Boone, NC is about 47 minutes (~33 miles); world-class skiing at Beech Mountain Resort and Sugar Mountain is roughly 1 hour away; and the famous Virginia Creeper Trail in Damascus, VA -- one of the nation's top-rated rail-trails for biking and hiking -- is approximately 50 minutes away. Whether you're seeking a full-time mountain residence, weekend retreat, vacation rental investment, or quiet escape from the everyday hustle, this turnkey cottage delivers the lake life lifestyle without the lakefront price tag. Properties with private community lake access in this picturesque setting are increasingly rare -- don't miss your chance to own your piece of Tennessee paradise! Buyer/Buyers agent to verify all information.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
6/10
Cloudland High SchoolGrades 7-127.7 mi
6/10
Hampton Elementary SchoolGrades PK-89.3 mi

Construction

Condition

  • Property condition: Above Average
  • Year built: 2003

Materials

  • Foundation: Block
  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dryer,Electric Range,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Master Downstairs,Laminate Counters,Open Floorplan
  • Door features: French Doors
  • Window features: Double Pane Windows
  • Flooring: Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s),Propane
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 890
  • Total interior livable area: 890 sqft

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 062h A 020.00
  • Zoning: Residential
  • Other equipment: Dehumidifier

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Screened,Wrap Around
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Water,Mountain(s)
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Lake Privileges
  • Topography of land: Level, Sloped

Lot

  • Lot size: 1.16 Acres
  • Lot size dimensions: See Acres

Parking

  • Parking features: Gravel,Shared Driveway
  • Has uncovered spaces: Yes

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
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Landslide
Lightning
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $2,194$26,328
Home Insurance $322$3,864
Property Taxes $787$9,444
Electricity $175$2,103
Total$3,478$41,736

Income You'd Need if You Spent...

35% on housing$119,245/yr
40% on housing$104,340/yr
45% on housing$92,746/yr

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.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$488This listing

vs Other Active Listings

Avg $/sqft

ZIP 37640$392
Carter County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 37640
Carter County$151

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

DateEventPrice
2026-05-08Listed for sale$469,000
2026-04-16Listing removed--
2026-03-28Price change$465,000
2026-03-25Listed for sale$445,000
2025-10-08Listing removed$485,000
2025-10-01Listed for sale$485,000

For Sale by Agent

AgentDonaven Braun
BrokerageFathom Realty

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