35 Cowan Town Road 35
Butler, TN, 37640 $ 89,000
Baths0.0 Monthly Estimate*
$ 562
Studio for $89,000. The lot size is 2.78.
Discover an exceptional opportunity to build your dream mountain-lake retreat in the desirable gated community of Eagle Bay on beautiful Watauga Lake. Offering approximately 2.78 acres of mostly flat, usable land, this property stands out as a rare find in the mountains of Northeast Tennessee, providing a more convenient and versatile setting for designing and building your future home. Ideally positioned near the end of a cul-de-sac, the property offers a peaceful setting with minimal through traffic while still providing convenient access to all that Eagle Bay has to offer. Whether you're envisioning a full-time residence, relaxing lake getaway, or investment property, this spacious homesite gives you room to create something truly special. Eagle Bay residents enjoy access to the community's impressive lake amenities, including a private boat ramp, marina area with boat slips available for lease, lakeside beach, picnic areas, and fire pits--making it easy to spend your days boating, kayaking, fishing, or simply enjoying the beauty of Watauga Lake. The community features paved roads along with underground utilities and fiber internet availability, combining the serenity of mountain living with modern-day convenience. Short-term rentals are permitted within the community, adding flexibility for buyers looking for both personal enjoyment and investment potential. Surrounded by the natural beauty of Watauga Lake and the Cherokee National Forest, Eagle Bay offers easy access to hiking, boating, fishing, nearby wineries, the Appalachian Trail, and the ski slopes of Western North Carolina. Boone, NC and Johnson City, TN are also within convenient driving distance for shopping, dining, entertainment, and additional amenities. With 2.78 acres, a flat and highly usable building site, a quiet location near a cul-de-sac, and access to one of Watauga Lake's premier gated communities, this property offers a combination that can be difficult to find in the mountains. Bring your house plans and start creating your own piece of East Tennessee paradise at Eagle Bay on Watauga Lake. Buyer/Buyer's Agent to verify all information.
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FeaturesGeneralSewer None
Utilities Electricity Available Underground Utilities
Zoning Residential
HOA Fee 2400
View Mountain(s)
Unit Number 35
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-321 take Greggs Branch Rd approx. 9.8 mi. Turn right on Buntontown Rd for 1.4 mi then right on Cowan Town Rd. Eagle Bay gated entrance is on right. Enter on Eagle Ridge Pkwy continue uphill take first left on Golden Eagle Trail. Lot 35 is on left. See sign.
High School Johnson Co
City Butler
MLS Area 316 - Mtn. City/Johnson County
Lot Size Units Acres
Lot Size Square Feet 121097
Elementary School Doe
Middle/Junior High School Johnson Co
Property Condition Average
MLS Area Minor 316 - Mtn. City/Johnson County
Standard Status Active
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ExteriorLot Features Level Sloped Wooded
Water Source None
Lot Size Area 2.78
Lot Dimensions 2.78 Acres
Lot Size Acres 2.78
Road Surface Type Paved
Waterfront Y/N true
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* Excluded FeaturesList ByAllison EastridgeListing Agent
Coldwell Banker Security Real EstateBroker
propertiesbyallison@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $562
- Monthly Property Taxes
- $94
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $171,267
Percent of Sale Price 92%
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 |
|---|
| 9/1/2026 | $89,000 | | Listed Price |