Lot 24 Cowan Town Road
Butler, TN, 37640 $ 285,000
Baths0.0 Monthly Estimate*
$ 1,755
Studio for $285,000. The lot size is 4.72.
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 $2400/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.
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FeaturesGeneralSewer Septic Tank None
Utilities Fiber Available Electricity Available Underground Utilities
Zoning Residential
HOA Fee 2400
View Mountain(s) Water
Waterfront Features Lake Privileges
Assoc Fee Paid Per Annually
County Johnson
New Construction false
Property Type Land
HOA true
Subdivision Name Eagle Bay
Status Active
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.
High School Johnson Co
City Butler
MLS Area 316 - Mtn. City/Johnson County
Lot Size Units Acres
Lot Size Square Feet 205603.2
Elementary School Doe
Middle/Junior High School Johnson Co
Property Condition Above Average
MLS Area Minor 316 - Mtn. City/Johnson County
Standard Status Active
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ExteriorLot Features Level Mountainous Rolling Slope Sloped Wooded Cleared
Water Source Private Well None
Lot Size Area 4.72
Lot Dimensions see acres
Lot Size Acres 4.72
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type 2 Lane Road Private Road
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* Excluded FeaturesList ByDonaven BraunListing Agent
donaven@TheBraunGroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,755
- Monthly Property Taxes
- $141
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Butler, TN
Average List Price $158,024
Percent of Sale Price 45%
About Butler, TN 3,630 Population
3% Since 2002
$ 36,380 Median Income
47.1 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
3615128 Middle School
Johnson Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/11/2026 | $285,000 | | Listed Price |