268&268A Moreland Drive Butler, TN 37640

$1,300,000
268&268A Moreland Drive, Butler, TN 37640
388323

Single Family Home for sale in Butler, TN

for $1,300,000 with 5 bedrooms and 5 full baths, 1 half bath. This 5,202 square foot home was built in 1998 on a lot size of 141 Acre(s).

Property Information

  • $1,300,000
  • 5 Bedrooms
  • 5 Full Baths, 1 Half Bath
  • Single Family
  • 5,202 Square Feet
  • 2 Story
  • Active
  • 2 Floors
  • Lot size of 141 Acre(s)
  • Built in 1998
  • Butler, TN
  • Johnson County
  • MLS/Web ID is 388323

Description

Escape to a hidden mountain getaway nestled in the Appalachian High Country of the Cherokee National Forest and located just below the ridge of Iron Mountain and above Watauga Lake. Surrounded with panoramic mountain views at 2600' this private retreat offers 141+ private acres of rolling land and two private residences. The authentic mountaintop log cabin boasts over 5, 200 square feet of living space. A warm and spacious great room extends from one end of the home to the other providing picture windows to maximize the view, a stone fireplace, sliding French doors leading to the wrap around deck, built-ins, and rustic wood beams, all contributing to the ambiance. Four private guest suites with ensuite baths on the upper level and separate living quarters on the terrace level provide adequate accommodations for large gatherings. The gourmet kitchen features an island with six-burner gas cooktop, sub zero refrigerator, ice maker, warming drawer, walk-in pantry and all of the luxury items expected. The second home is a private Creek Side Chalet tucked among the mountain laurels providing complete privacy. As an additional residence or guest quarters this beautiful log home offers 1, 152 square feet, 3 BR, 2.5 baths, a fully equipped kitchen, soaring ceilings, an abundance of windows, wrap around deck, and hot tub. The property currently operates as the well-known and highly acclaimed Iron Mountain Inn Bed & Breakfast in the quaint town of Butler. Whether a hunting lodge, corporate retreat, or family gathering place for the discerning buyer, this property will provide enjoyment as well as a rural retreat. **OPTIONS THAT WILL BE CONSIDERED: 1) Lakefront home with both log homes and total acreage-$2, 000, 000 2) Lodge/Mountain Top Log Cabin with 20 acres-$850, 000 3) The Cabin (2nd residence) snuggled into the mountains, with 14 acres-$435, 000 4) Three 10-20 acre tracts along the creek (with an old stream that never goes dry and backs up to National Forest)

Room Information

  • In-Law Suite
  • Kitchen
  • Laundry Room
  • Office

Interior 8

Appliances

  • Central Vacuum
  • Dishwasher
  • Downdraft Oven
  • Generator
  • Humidifier
  • Microwave
  • Refrigerator
  • Water Softener

Cooling System

  • Central Air
  • Heat Pump

Fireplace

  • 2 Fireplaces
  • Fireplace in Livingroom/Greatroom
  • Stone

Flooring

  • Carpet(s)
  • Ceramic Tile Flooring

Interior

  • Balcony
  • Built-in Bookcases/Shelves
  • Ceiling Fans
  • Kitchen Island

Room Features

  • Pantry
  • Tub - 2+ Person

Sewer

  • Septic Tank

Water Source

  • Well

Exterior 6

Construction

  • Log
  • Site Built

Exterior

  • Balcony
  • Garden Space
  • Hot Tub / Jacuzzi / Spa
  • Landscaped

Lot Description

  • Wooded / Trees

Roof

  • Metal

Siding

  • Log Exterior

Waterfront Description

  • Creek

Miscellaneous 2

Possession

  • Negotiable

View

  • Mountain View

† Excluded Feature

Neighborhood & Schools

Elementary School: DOE
Middle School: JOHNSON CO
High School: JOHNSON CO

 See complete school information

Listed By

Listing Agent: SANDY POE
Broker: ALLIANCE SOTHEBY'S INTERNATIONAL REALTY

268&268A Moreland Drive , Butler, TN, 37640 is a Single Family Home for sale at $1,300,000 with 5,202 sqft and a lot size of 141 Acre(s). 268&268A Moreland Drive has 5 bedrooms, 5.1 baths, and was built in 1998. The property's zip code is 37640 which is in Butler, TN

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Pricing History

Date Price Price Change Description
7/22/2018 $1,300,000 -13.04 % Price Change
2/16/2018 $1,495,000 -2.61 % Price Change
8/6/2017 $1,535,000 10.04 % Price Change
3/1/2017 $1,395,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Butler $421,389 68 % below $199,250 85 % below
Single family listings in Butler $556,112 57 % below $449,000 65 % below

Get the facts about Butler, TN!

Population 3,793
Population Growth (since 2000) 7 %
Median Income $29,323
Median Age 46.64
Households w/ Children 22 %

Residential Dwellings

  • Owned 1358
  • Vacant 647
  • Rented 308

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363