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Waterfront Cove Land Parcel
For Sale
$980,000

Tr1 Smith Hollow, Butler, TN 37640

Land, Butler, TN

Property SizeContact for details
Lot Size4.00 Acres
Days on Market92

Property Features for Tr1 Smith Hollow

General Information

Property type Land
Property subtype Other
Zoning rs
Subdivision Not In Subdivision
View Water
Elementary school Hampton
Middle school Hampton
High school Hampton
Directions From Hampton take Hwy 67/321 bare right at the 67/321 split onto 321 south pass Little Milligan Community Center Smith Hollow is the next left then go to the end
Standard status Active
APN 053 05503 000
Lot size 4.00 Acres

Taxes and HOA fees

Tax Annual Amount 1485

Utilities

Utilities Electricity Available
Water source Well
Water front features Lake Front
Water front 1
Listing Agency: Rainbow Realty & Auction
Listed By: Dale Williams · License #269644
Added: Jun 2 Changed: Aug 19 Last Checked: Sep 1 at 8:06AM
MLS# 9996260

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This waterfront land parcel offers an unusually cohesive cove setting on Watauga Lake, with lake access on one side and lake exit on the other while you remain on the land you own. The property features approximately more than 500 feet of actual lake shore line and includes a survey on file. Electricity is in place, and there is a shared well water source. The parcel totals about 4 acres across Tax map 053 055.01, 055.03, and 055.04. It also shares a boundary with the Cherokee National Forest.

Located in Carter County, Tennessee, the land sits off Smith Hollow, which ends at this property. Access to Lot 1 is provided through a community gate, while Lots 3 and 4 are accessed via private gates. The setting is described as a peaceful cove where privately owned parcels are not commonly available.

With its meaningful lake frontage, forest adjacency, and existing utilities, this property suits buyers looking to design a primary residence or a private retreat that takes advantage of cove access and preserved surroundings. The presence of a survey and established utilities helps streamline early planning and site work. Zoning is listed as rs, and buyers should confirm all intended use and development requirements prior to proceeding.

Key Highlights

  • 4‑acre lakefront tract on Watauga Lake with lake‑front features and access to the lake on one side and exit on the other
  • More than 500 feet of actual lake shore line as described for the property
  • Property includes Tax map 053 055.01, 055.03, and 055.04 in Carter County, Tennessee

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Cafe & Coffee Shop Real Estate Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 37640, TN

3,664
Population
2,344
Households
1.6
Avg Household Size
51
Median Age
16%
College-Educated
83%
High-School Grad
105.0 sq mi
ZIP Area
35
Density / Sq Mi
$47,404
Median Household Income
$34,250
Median Earnings
$674
Median Rent
$154,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Build on a private cove with electricity, shared well water, and substantial lake frontage bordering Cherokee National Forest.
Where is this land located?
The property is located at Tr1 Smith Hollow Butler, TN.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 4‑acre lakefront tract on Watauga Lake with lake‑front features and access to the lake on one side and exit on the other; More than 500 feet of actual lake shore line as described for the property; Property includes Tax map 053 055.01, 055.03, and 055.04 in Carter County, Tennessee
More about this property
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