Tbd Cowan Town & Eagle Ridge Pkwy Road
Butler, TN, 37640 $ 240,000
Baths0.0 Monthly Estimate*
$ 1,478
Studio for $240,000. The lot size is 0.95.
Positioned within the gated Eagle Bay community overlooking Watauga Lake, Lot 16 on Eagle Ridge Parkway presents an increasingly rare opportunity to build a custom luxury lake home with both year-round water views and immediate proximity to lake access. Spanning approximately 0.95 acres, this cleared homesite offers a gently rolling contour that naturally accommodates a thoughtfully designed custom build with expansive windows, outdoor entertaining space, and the potential for a walk-out lower level oriented toward the lake. Unlike many mountain and lake lots where views come at the expense of accessibility, this property delivers both. Positioned directly across from community lake access and parking, owners enjoy convenient access to the water while still maintaining an elevated vantage point overlooking the lake and surrounding ridgelines. Eagle Bay owners also have access to lease boat slips through Eagle Bay Marina & Beach Club on a first come basis, further enhancing the lake lifestyle experience. The community itself was designed to preserve both long-term value and architectural cohesion, featuring gated entry, paved private roads, underground-style infrastructure planning, and Architectural Control Committee oversight for quality construction standards. Short-term rentals are permitted within the subdivision, creating additional flexibility for second-home ownership or future income-producing potential. Modern conveniences are already available at the road, including electric and fiber connectivity, an increasingly important feature for buyers seeking full-time living, remote work capability, or luxury vacation use. Private well and septic installation allow flexibility in tailoring the homesite and utility layout to the buyer's architectural vision. Located less than an hour from both Johnson City and Boone, Eagle Bay places owners within easy reach of dining, shopping, ski destinations, hiking trails, and Appalachian High Country recreation while still offering the privacy and pace that continue to drive demand around Watauga Lake. Nearby outdoor attractions include boating, paddleboarding, fishing, and convenient access to the Appalachian Trail corridor. For buyers seeking a build ready homesite with protected community standards, strong lifestyle appeal, and long term desirability in one of Northeast Tennessee's most scenic lake markets, Lot 16 offers a compelling foundation for a custom mountain & lake retreat.
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FeaturesGeneralSewer None See Remarks
Utilities Fiber Available Electricity Available
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 US-19E S/US-321 S Turn Left on US-321 S Travel apprx 9.6 Miles; Turn right onto US-321 S and travel apprx 9.1 miles Continue on Greggs Branch Rd. Take Buntontown Rd right on Cowan Town Rd Right on Eagle Rdg Pkwy Lot is second on left
High School Johnson Co
City Butler
MLS Area 316 - Mtn. City/Johnson County
Lot Size Units Acres
Lot Size Square Feet 41382
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 Rolling Slope See Remarks Cleared
Water Source Private
Lot Size Area 0.95
Lot Dimensions 41 382
Lot Size Acres 0.95
Road Surface Type Paved
Waterfront Y/N true
Road Frontage Type Private Road
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* Excluded FeaturesList ByLaura HoltsclawListing Agent
laura.holtsclaw.re@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,478
- Monthly Property Taxes
- $38
- 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 $159,287
Percent of Sale Price 34%
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 |
|---|
| 5/6/2026 | $240,000 | | Listed Price |