Stunning Watauga Lake Residence. Offers breathtaking views of Watauga Lake, including panoramic views of the lake and mountains. Conveniently located near fishing spots and multiple marinas. Private and secluded country setting. Abundant wildlife. Lush flowers and trees. 3/3 with a one finished room in full basement, ideal for finishing and extra space. Suitable for Airbnb, with no restrictions. Includes a second lot. Updated kitchen and baths, new paint, new HVAC, and new paint inside and outside. New Roof, Garden area, an abundance of flowers and trees. Wrap around deck/porch
Overlooks Watauga Lake, Private Country Setting 'abundance of wildlife. Near multiple Marinas. Mountain and Lake Views. 081 067.03 & 081O C 015.00 Information Herein Deemed Reliable but Not Guaranteed
Sold for $400,000
$400,000
261 Rainbolt St, Butler, TN 37640
3beds
1,750sqft
Single Family Residence, Residential
Built in 1987
1.5 Acres Lot
$402,000 Zestimate®
$229/sqft
$2,094 Estimated rent
Home value
$402,000
Estimated sales range
Not available
$2,094/mo
Zestimate® history
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Zillow last checked: 8 hours ago
Listing updated: October 22, 2025 at 09:18am
Listed by:
Deborah Short-Taylor 423-213-1485,
Lake Homes Realty Smithville
Bought with:
Deborah Short-Taylor, 284053
Lake Homes Realty Smithville
Source: TVRMLS,MLS#: 9980725
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Heating
- Central, Fireplace(s), Wood Stove
Cooling
- Central Air
Appliances
- Included: Cooktop, Dryer, Electric Range, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup, Sink
Features
- Entrance Foyer, Pantry
- Flooring: Ceramic Tile, Hardwood
- Windows: Double Pane Windows, Single Pane Windows
- Basement: Finished,Full,Unfinished
- Has fireplace: Yes
- Fireplace features: Basement
Interior area
- Total structure area: 3,050
- Total interior livable area: 1,750 sqft
Property
Parking
- Total spaces: 3
- Parking features: RV Access/Parking, Carport
- Carport spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Porch, Wrap Around
- Exterior features: Garden
- Has view: Yes
- View description: Water, Mountain(s)
- Has water view: Yes
- Water view: Water
Lot
- Size: 1.50 Acres
- Dimensions: 1.5 ACRE
- Topography: Cleared, Level, Part Wooded
Details
- Additional structures: Outbuilding
- Parcel number: 081 067.03
- Zoning: R
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Raised Ranch
- Property subtype: Single Family Residence, Residential
Materials
- HardiPlank Type, Stone, Other
- Foundation: Block
- Roof: Metal,Shingle
Condition
- Average
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Security
- Security features: Security System Leased, Smoke Detector(s)
Location
- Region: Butler
- Subdivision: Not In Subdivision
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $400,000-5.7%$229/sqft |
Source: TVRMLS #9980725 Report a problem | ||
| 9/9/2025 | Pending sale | $424,000$242/sqft |
Source: TVRMLS #9980725 Report a problem | ||
| 5/24/2025 | Listed for sale | $424,000+69.6%$242/sqft |
Source:  UCMLS #236786 Report a problem | ||
| 11/23/2022 | Sold | $250,000-5.7%$143/sqft |
Source: TVRMLS #9941673 Report a problem | ||
| 10/8/2022 | Contingent | $265,000$151/sqft |
Source: TVRMLS #9941673 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $897 | $40,575 |
| 2024 | $897 | $40,575 |
| 2023 | $897 +22.1% | $40,575 |
Find assessor info on the county website
Neighborhood: 37640
Nearby schools
GreatSchools rating
- 4/10Doe Elementary SchoolGrades: PK-6Distance: 8.9 mi
- 4/10Johnson Co Middle SchoolGrades: 7-8Distance: 15.7 mi
- 4/10Johnson Co High SchoolGrades: 9-12Distance: 15.9 mi
Schools provided by the listing agent
- Elementary: Doe
- Middle: Johnson Co
- High: Johnson Co
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Johnson County
- Butler
- 37640
- 261 Rainbolt St