This is more than just a home--it's a rare opportunity to own a fully upgraded mountain and lake-view retreat with exceptional short-term rental potential in the heart of the Watauga Lake area. Located just ¼ mile from marina access, this impressive 4,700+ square foot property offers a unique combination of size, flexibility, modern infrastructure, and breathtaking views that is rarely available in today's market. Designed to comfortably accommodate large groups, the spacious multi-level floor plan features soaring ceilings, abundant natural light, and expansive windows that capture stunning mountain and lake views. The home's versatile layout includes multiple gathering spaces, a custom-built bunk room ideal for maximizing guest capacity, and a lower-level entertaining area complete with a second kitchen--perfect for extended family stays, multi-generational living, or vacation rental guests. A major highlight is the brand-new 5-bedroom septic system, providing significantly expanded capacity and flexibility. Combined with the home's generous square footage and group-friendly design, the property offers outstanding potential as a high-capacity vacation rental, private retreat, or investment property. Extensive recent improvements make this home truly move-in and rental-ready, including a new roof, newly sanded and stained exterior with premium protective coating, fully renovated kitchens and bathrooms with high-end finishes, new flooring, lighting, plumbing, electrical updates, fresh interior paint, and the addition of a covered front porch. Additional upgrades include a Rinnai tankless water heater, Spectrum high-speed internet, and a whole-house generator, providing convenience, reliability, and peace of mind for owners and guests alike. Adding even more value, the property is listed below appraisal. Opportunities to own a property with this combination of size, sleeping capacity, updated systems, marina proximity, high-speed internet, and incredible views are extremely limited in the Watauga Lake market. Whether you're seeking a private mountain-lake getaway, a gathering place for family and friends, or an income-producing investment, this exceptional property delivers the scale, functionality, and flexibility that smaller homes simply cannot match. . Buyers and buyers' agents to verify all information.