$1,535,000
5 beds 5 baths 1 half baths 5,202 sq. ft.
36.3258 -81.9895

268&268A Moreland Drive Butler, TN 37640

$1,535,000
Est. Monthly $7,805 recalculate
5 beds 5 baths 1 half baths 5,202 sf
 

Have A Question? Contact Office Contact CENTURY 21 Legacy

CENTURY 21 Legacy
3 Limited Centre
Johnson City, TN 37604
423.­282.1885
423.­282.1885
CENTURY 21 Legacy
3 Limited Centre Johnson City, TN 37604
* Required Fields
Contact Me By:

268&268A Moreland Drive
Butler, TN 37640

Explore This Property

Other Residential - 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. ADDITIONAL OPTIONS: OPTIONS: 1) Lodge/Mountain Top Log Cabin with 20 acres-$850,000 2) The Cabin (2nd residence) snuggled into the mountains, with 14 acres-$435,000 3) Three 10-20 acre tracts along the creek (with an old stream that never goes dry and backs up to National Forest) 4) Additional Acreage available upon request.
MLS # 388323
Courtesy Of ALLIANCE SOTHEBY'S INTERNATIONAL REALTY

Property Features

  • Age: 11-20 Years Old
  • Amenities: Hot Tub Spa, Mother In Law Suite, Garden
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Vacuum System, Water - Softener
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s), Central A/C
  • Exterior Type: Log
  • Floor Covering: Carpet, Tile - Ceramic
  • Heating System: Heat Pump
  • Lot Size: 141 Acres
  • Roof Type: Metal
  • Rooms: Bedroom, Full Bath, Half Bath, In-Law Suite, Kitchen, Laundry Room, Office
  • View Type: Mountain

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $7,805Your estimated monthly payment
    $307,00020% Down Payment
    $1,535,000 $1,381,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • High School
    JOHNSON CO HIGH SCHOOL
    Grades 9-12 | Public School

    MOUNTAIN CITY, TN 37683
    510 FAIRGROUND LN
    423-727-2620
    15.0
    miles

    Total Students 606
    Student Teacher Ratio 13:1

    School Rating

    2 stars View School Details
    School Attendance
    We don't have all attendance zone information for this listing.
    Explore area schools below or for more information

    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Little Milligan 2.0 mi Public PRESCHOOL-8

    Local Area Information for Butler, TN 37640

    Median Age: 46.6
    Married: 49.2%
    Number of Households: 1,666
    Households with Children: 368
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Other Residential located at 268&268A Moreland Drive, Butler, TN 37640 is currently for sale. 268&268A Moreland Drive, Butler is listed for $1,535,000. This property has 5 bedrooms, 5 full bathrooms, 1 half bathrooms, and approximately 5,202 square feet. If the property located at 268&268A Moreland Drive, Butler, TN isn't what you're looking for, search Tennessee real estate to see other houses for sale in Butler.