Property Description

Commanding Watauga Lake View Lot + $20K Buyer Credit – Eagle Bay

Perched high above the water with a front-row seat to one of the most beautiful lakes in the Southeast, Lot 23 in Eagle Bay is the mountain lake homesite you’ve been waiting for! This spectacular lot offers sweeping, unobstructed views of Watauga Lake, all while being just a short walk or drive down to the private marina, boat launch, and community lakefront common area—complete with fire pits, grills, and lakeside seating for unforgettable sunsets and family gatherings.

For boating enthusiasts, covered boat slips are available via annual lease for just $3,000—keeping your boat on the water and ready for adventure at a moment’s notice.

This gently sloping lot is ideal for a walkout basement-style home to fully maximize the topography and panoramic views. Paved roads, underground power, and high-speed internet are already in place—just bring your builder and start planning your dream retreat. The property will require a well and septic, and to help offset that, the seller is offering a $20,000 closing credit as part of this incredible deal.

Whether you’re envisioning a peaceful mountain escape, a year-round residence, or a vacation rental investment, this property checks every box.

Don’t miss this rare opportunity to own one of the best-view lots in Eagle Bay—where your mountain lake dreams can truly come to life!

Features
Sewer:
None
Address Map
Country:
US
State:
TN
County:
Johnson
City:
Butler
Subdivision:
Eagle Bay
Zipcode:
37640
Street:
Cowan Town
Street Number:
Lot 23
Street Suffix:
Road
Longitude:
W82° 3' 9.1''
Latitude:
N36° 18' 54.3''
Directions:
From Pioneer Landing located at: 105 Cowan Town Rd, Butler, TN 37640 Head Southeast on Cowan Town Rd and you will see the entrance to Eagle Bay Community on your Right. Come in the entrance and proceed to drive up the hill. Just before you get to the first hard right hand turn, lot on left.
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:
Waterfront Group PLC, LLC
Lot Size Dimensions:
124,146 sq. ft.
On Market Date:
2025-06-12
Water Source:
None
Financial
Association Fee:
1500.0
Association Fee Frequency:
Annually
Association Yn:
1
Listing Information
Co List Office Name:
Waterfront Group PLC, LLC
List Agent Mls Id:
34798
List Office Mls Id:
1343
Mls Status:
Active
Modification Timestamp:
2025-08-13T18:00:39Z
Originating System Name:
TVR
Status Change Timestamp:
2025-06-12T16:37:45Z
Co List Agent Full Name:
Allison Eastridge
Co List Agent Mls Id:
34070
Co List Office Mls Id:
1343

Land For Sale

Lot 23 Cowan Town Road, Butler, Tennessee 37640

2.85 Acre
$254,900
MLS ID #9981556
Basic Details
Property Type :
Land
Listing Type :
For Sale
MLS ID :
9981556
Price :
$254,900
Lot Area :
2.85 Acre
Status :
Active
Agent info
Contact Agent