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Lot 17 Cowan Town Road
$275,000

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Lot 17 Cowan Town Road

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Butler, TN 37640 · Johnson County

0.65 Acres 182 Days on Market
Waterfront Water View Lake Access

Description

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.

Property Details

MLS # 9985907
Property Type Land
Acres 0.65
Subdivision Eagle Bay
County Johnson

Features

Property Features

View: Mountain(s), Water

Sewer: None

Water: None, Private, Well

Utilities: Electricity Available, Underground Utilities, Fiber Available

Waterfront Features: Lake Privileges

Financial

List Price $275,000
Original List Price $275,000
Price / Acre $423,077
HOA $2400.00 / Annually

Property Insights

Elevation
2,033'
71' change across lot
Terrain
Moderate
21.0% slope
Flood Zone
X
Minimal risk
Tax Assessment
$17,400
Water
View
Watauga Lake
Last Sale
$100,000
May 30, 2024

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 through gates (no code required), R on Eagle Bay Pkwy, Lot 17 is on L.

Location

Get Directions Parcel Boundary
Donaven & Christie Braun

Your Local Experts

Donaven & Christie Braun

The Braun Group · Fathom Realty TN LLC

(423) 525-9252
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MLS #9985907 · Donaven Braun · Fathom Realty · Listed 2025-09-17

© 2026 Tennessee Virginia Regional MLS. Provided via RESO Web API / FBS Data Exchange. Information is deemed reliable but not guaranteed. Last updated: Mar 19, 2026.

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