This is an incredible price for Prime Real Estate at Watauga Lake. This property has tons of mature trees, set your house back among the shade. It also boosts a lovely mountain view. Also, take advantage of the private marina with covered boat slips, easily accessible ramp, grills, picnic tables, and a nice fire pit to keep warm while watching the sunset! After a long day on the water, wind down at Watauga Lake Winery or Villa Nova Vineyard located just minutes away. Summerfield subdivision has a community commitment to preserving the natural landscape. Watauga Lake, consistently ranked among the cleanest in the United States, covers 10.05 square miles with 104.9 miles of shoreline, over half of which is protected national forest. This ensures unspoiled views & abundant wildlife, offering a truly tranquil living experience. Spend your days fishing in world-class waters from late April to the end of August, or simply revel in the panoramic vistas of the lake & mountains from your future home. Close to Mountain City, Boone, Johnson City, Elizabethton, all the Tri-Cities. Fly into our fabulous airport in Bristol. TRI (Tri-Cities Regional Airport). Underground utilities, you will be responsible for water and septic.
Property Details
Property Features
Listing Office:
Office Name: REMAX Checkmate, Inc. Realtors
Office Phone: (423) 282-0432
Listing Agent: Cindy Edwards
Exterior Features
Exterior Information:
Waterfront: Lake Access
View: Mountain(s)
Lot Features
Lot Information:
Lot: Secluded, Sloped, Wooded, Cleared
Lot Size: 1.31 Acres
Other
Directions Information:
Directions: Right at Pioneer Marina, go across the bridge which dead ends, go right on Draft Road. Take a left on High Country Road, drive up and left into Summerfield.
Price Information
Listing Price Info
Price Summary:
List Price: $89,000
HOA Fees:
Amount: $1800
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Butler, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$662
Per Month
Principal & Interest
$445
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$150
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$333
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Doe Elementary School
7164 Highway 67 W
Distance between this listing and this school8.97 miles
Public District Grades PK-6
4
/10
Roan Creek Elementary School
2410 Roan Creek Rd
Distance between this listing and this school10.00 miles
Public District Grades PK-6
6
/10
Cloudland Elementary School
8540 Highway 19 E
Distance between this listing and this school10.23 miles
Public District Grades PK-6
Nearby Schools
5
/10
Little Milligan
4226 Highway 321
Distance between this listing and this school4.28 miles
Public District Grades PK-8
6
/10
Bethel School
138 Bethel School Rd
Distance between this listing and this school5.37 miles
Public District Grades PK-8
4
/10
Unaka Elementary School
120 Unaka Dr
Distance between this listing and this school10.67 miles
Public District Grades PK-8
Nearby Schools
5
/10
Cloudland High School
476 Cloudland Dr
Distance between this listing and this school10.47 miles
Public District Grades 7-12
4
/10
Unaka High School
119 Robinson Ln
Distance between this listing and this school12.37 miles
Public District Grades 9-12
4
/10
Hampton High School
766 First Ave
Distance between this listing and this school13.16 miles
The neighbors living near this home have an average income of $49,511. Most Butler, TN residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT37 Draft Dr
What is the listing price of this property?
The listing price of LOT37 Draft Dr property is $89,000.
What type of property is this?
The property LOT37 Draft Dr is land located in Butler, Tennessee, 37640.
Is this property for sale now?
Active Listing: LOT37 Draft Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT37 Draft Dr in Butler, TN and zip code 37640. This home sits on a 1.31 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $89,000.
Over 0 listings were sold over their listed price in October 2024 in Butler, TN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. Between September 2024 and October 2024, Butler, TN real estate market has seen decrease in the number of listings by 6.9%. In October 2024 median list price was $385,000 and the average listing age was 95 days.
From Rocket Homes Real Estate and based on county public records data.