Property Description

This is the one you’ve been waiting for. Lot 24 in Eagle Bay offers jaw-dropping, panoramic views of Watauga Lake both up and down the Watauga River — some of the best views in the entire community with 180-degree long range views. Spanning 4.72 acres, this homesite sits at the perfect elevation to capture long-range lake and mountain vistas, while still offering privacy, tree cover, a buildable footprint, and walking distance to the community dock and marina area. The lot already a septic permit approved for a 4-bedroom home, and there’s no required timeframe to build, making it ideal for a future homesite, weekend getaway, or income-producing vacation rental. The lot is already partially cleared at the ideal spot for your homesite. Underground utilities, including high-speed fiber internet, are already at the road and homes are being built in the community as we speak. Eagle Bay is a gated lake-front community with excellent amenities: a private boat ramp, lakeside beach, picnic area, fire pits, and has boat slips available for lease ($3,600/year). HOA dues are $1,500/year. Site-built or approved modular homes welcome (1,200 sq/ft minimum), Short-term rentals allowed, Horses and ATVs permitted, Camping up to 7 days in a 30-day period. With paved roads and dramatic topography, this lot gives you the canvas to design a home that fully embraces the natural beauty of the Watauga Lake area. Whether you’re catching sunrise through the trees or gazing at starlight reflected on the water, this is a homesite that delivers true mountain-lake living. Just 37 minutes to Boone, NC, and close to Elizabethton, Mountain City, skiing, hiking, fly fishing, and more. It’s also just minutes to Villa Nove Vineyards and the new Tennessee Hills Distillery scheduled to open in fall 2025.

Contact your agent to schedule a private tour. Buyer/Buyer’s Agent to verify all information.

Features
Sewer:
Septic Tank, None
Utilities:
Electricity Available, Underground Utilities, Fiber Available
Waterfront Features:
Lake Privileges
Address Map
Country:
US
State:
TN
County:
Johnson
City:
Butler
Subdivision:
Eagle Bay
Zipcode:
37640
Street:
Cowan Town
Street Number:
Lot 24
Street Suffix:
Road
Longitude:
W82° 3' 9.1''
Latitude:
N36° 18' 54.3''
Directions:
From Hampton TN, E on US-321 S toward Boone 9.6 mi, R on US-321 toward Boone 9.8 mi, L on Greggs Branch Rd 1.4 mi, R on Buntontown Rd 0.8 mi, R on Cowan Town Rd 0.3 mi, R into Eagle Bay through gates, Lot 24 is on L just after lot 23. There is a 30' easement across lot 25 leading to Lot 24.
Mls Area Major:
316 - Mtn. City/Johnson County
Zoning:
Residential
Neighborhood
Elementary School:
Doe
High School:
Johnson Co
Middle School:
Johnson Co
Additional Information
Courtesy of:
Fathom Realty
Lot Features:
Level, Mountainous, Rolling Slope, Sloped, Wooded, Cleared
Lot Size Dimensions:
see acres
On Market Date:
2025-06-06
Water Source:
Private, Well, None
Financial
Association Fee:
1500.0
Association Fee Frequency:
Annually
Association Yn:
1
Listing Information
List Agent Mls Id:
32558
List Office Mls Id:
1223
Mls Status:
Active
Modification Timestamp:
2025-08-13T17:57:37Z
Originating System Name:
TVR
Status Change Timestamp:
2025-06-06T21:48:04Z

Land For Sale

Lot 24 Cowan Town Road, Butler, Tennessee 37640

4.72 Acre
$285,000
MLS ID #9981324
Basic Details
Property Type :
Land
Listing Type :
For Sale
MLS ID :
9981324
Price :
$285,000
View :
Mountain(s),Water
Lot Area :
4.72 Acre
Status :
Active
Waterfront Yn :
1
Agent info
Contact Agent