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Price Reduction - Views
Address
268&268A Moreland Drive Butler, TN
Price
$ 1,300,000
Property Attributes
  • MLS#388323
  • TypeSingle Family
  • CountyJOHNSON
  • CityButler
  • AreaButler
  • Zip37640
  • Style2 Story,Log
  • Price$ 1,300,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5202
  • Lot Size141 Acres
Listing Provided Courtesy Of:
ALLIANCE SOTHEBY'S INTERNATIONAL REALTY
Property 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)

Elementary School Middle School High School
DOE Elementary School Johnson Co Middle School Johnson Co High School
Price History
3/1/2017 Listed $1,395,000
7/21/2018 7% - $1,300,000

General Features

Construction Site Built
Elementary School DOE
Financing Cash, Conventional
Foreclosure Y/n No
High School JOHNSON CO
Home Warranty Y/n No
MLS Area Butler
Middle School JOHNSON CO
Possession Negotiable
Property Type Residential
Section 066
Stories 2
Style 2 Story, Log
Subdivision None
Year Built 1998
Zoning Residential

Interior Features

# of Fireplaces 2
Ac Ceiling Fan, Central
Appliances Dishwasher, Humidifier, Microwave, Range-Downdraft, Refrigerator, Water Softener-H/U
Basement Sqft Finished 1734
Fireplace Great Room, Stone
Flooring Carpet, Ceramic, Other See Remarks
Heating Heat Pump
Interior Features 2+ Person Tub, Balcony, Built Ins, Central Vacuum, Generator, Kitchen Island, Pantry
Other Rooms 2nd Kitchen, In Law Suite, Laundry Room, Office
Rooms 11
Sqft Level 1 1734
Sqft Level 2 1734
Total Bathrooms 5
Total Bedrooms 5
Walls Log

Exterior Features

Building Area Total 5202
Exterior Features Balcony, Garden Area, Hot Tub, Landscaped
Exterior Finish Log
Garage None
Lot Description Creek/Stream, Mountain View, Part Wooded
Lot Dimensions 141 Acres
Lot Size Area 141
Roof Metal
Water and Sewer Sewer-Septic, Water-Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 37640

Price
AVG $570K
$1.3M
Visits
AVG 21
26
Year Built
AVG 1993
1998

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