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Tbd Cowan Town & Eagle Ridge Pkwy Road

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Butler, TN 37640 · Johnson County

0.95 Acres 1 Days on Market
Water View Lake Access

Description

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.

Property Details

MLS # 9994942
Property Type Land
Acres 0.95
Lot Size (Sq Ft) 41,382
Subdivision Eagle Bay
County Johnson

About Eagle Bay

Eagle Bay is a gated lakeside community with water access at Watauga Lake in Johnson County, Tennessee, offering a premier combination of lake access, mountain views, and resort-style amenities. This exclusive development features a community marina with covered boat slips, a boat ramp, and dedicated beach and picnic areas. Eagle Bay is part of the Waterfront Group of communities sharing marina f...

Lake Access Lake View Mountain View
View Eagle Bay community profile

Features

Property Features

View: Mountain(s), Water

Sewer: Septic Tank

Water: Well

Utilities: Electricity Available, Underground Utilities, See Remarks, Fiber Available

Property Condition: Above Average

Waterfront Features: Lake Privileges

Easements: See Remarks

Land Type: Residential, Lot/Tract, See Remarks

Permitted: Modular, Site Built, See Remarks

Lot Features: Rolling Slope, See Remarks

Road Surface: Paved

Financial

List Price $240,000
Original List Price $240,000
Price / Acre $252,632
HOA $2400.00 / Annually

Property Insights

Elevation
2,017'
58' change across lot
Terrain
Gentle
15.0% slope
Flood Zone
X
Minimal risk
Tax Assessment
$41,575
Water
View
Watauga Lake
Last Sale
$239,900
Jun 22, 2021

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

Location

Get Directions Parcel Boundary
Donaven & Christie Braun

Your Local Experts

Donaven & Christie Braun

The Braun Group · Fathom Realty TN LLC

(423) 525-9252
Thank you! Your inquiry has been sent. We typically respond within 1-2 business days.

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Share This Property

MLS #9994942 · Laura Holtsclaw · KW Johnson City · Listed 2026-05-06

© 2026 Tennessee Virginia Regional MLS. Provided via RESO Web API / FBS Data Exchange. Information is deemed reliable but not guaranteed. Last updated: May 6, 2026.

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