Lot 17 Cowan Town Road
Butler, TN, 37640 $ 275,000
Baths0.0 Monthly Estimate*
$ 1,693
Studio for $275,000. The lot size is 0.65.
The premium lot is a stones throw from the shores of Watauga Lake with unobstructed lake views on a grassy cleared, easy-to-build lot at in Eagle Bay? The nearly level homesite in the highly desirable Eagle Bay community is ready for your vision with 3-bedroom septic permitted. Just across the street from the marina and picnic and fire pit area, it offers unobstructed lake and mountain views with underground utilities in place and gentle topography—making this one of the easiest build sites in Eagle Bay by far. The lot's elevated yet nearly level position ensures long-range, year-round views of Watauga Lake, one of the cleanest lakes in the country, where 85% of the shoreline is protected by the Cherokee National Forest. Here, you'll enjoy the best of both worlds—peaceful lake living with paved roads, fiber internet, and underground utilities. Eagle Bay is designed for relaxation, recreation, and community. Owners enjoy direct access to the private marina with available boat slip leases at $3,600/year, a boat ramp, lakeside fire pits, a sandy beach, and picnic areas. HOA dues are $2400/year. The community allows for site-built or approved modular homes with a minimum 1,200 sq/ft requirement, as well as short-term rentals. ATVs and horses are welcome, and camping is permitted for up to 7 days out of any 30-day period, with no required timeframe to build. Beyond Eagle Bay, adventure is never far away. Hike the Appalachian Trail, enjoy local wineries, ski the nearby North Carolina slopes, or spend the day on the water boating, fishing, or wakeboarding. With Boone, NC, and Johnson City, TN, just a short drive away, you'll find the perfect blend of natural beauty, convenience, and investment potential. *Buyers/Buyer's agent to verify all information.
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FeaturesGeneralSewer None
Utilities Fiber Available Electricity Available Underground Utilities
Zoning Residential
HOA Fee 2400.0
View Mountain(s) Water
Waterfront Features Lake Privileges
Assoc Fee Paid Per Annually
County Johnson
New Construction N
Property Type Land
HOA Y
Subdivision Name Eagle Bay
Garage Y/N N
Status Active
Directions From Hampton TN E on US-321 S toward Boone 9.6 miles R on US-321 toward Boone 9.8 miles L on Greggs Branch Rd 1.4 miles R on Buntontown Rd 0.8 miles R on Cowan Town Rd 0.3 miles R into Eagle Bay thro
High School Johnson Co
City Butler
MLS Area 316 - Mtn. City/Johnson County
Lot Size Units Acres
Lot Size Square Feet 28314.0
Carport Y/N N
Elementary School Doe
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Johnson Co
Property Condition Above Average
Lease Renewal Y/N N
MLS Area Minor 316 - Mtn. City/Johnson County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
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ExteriorLot Features Rolling Slope Cleared
Water Source Private Well None
Lot Size Area 0.65
Spa N
Lot Dimensions See acreage
Lot Size Acres 0.65
Road Surface Type Paved
Waterfront Y/N Y
Road Frontage Type 2 Lane Road Private Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByDonaven BraunListing Agent
donaven@TheBraunGroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,693
- Monthly Property Taxes
- $32
- 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 $158,862
Percent of Sale Price 42%
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.
857347 Elementary School
856980 Middle School
Johnson Co High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/17/2025 | $275,000 | | Listed Price |