Lot 24 Cowan Town Road

Butler, TN 37640 · Johnson County

4.72 Acres 274 Days on Market

Water View Lake Access

Description

This is the one you've been waiting for. Lot 24 in Eagle Bay offers jaw-dropping, panoramic views of Watauga Lake both up and down the Watauga River ? Some of the best views in the entire community with 180-degree long range views. Spanning 4.72 acres, this homesite sits at the perfect elevation to capture long-range lake and mountain vistas, while still offering privacy, tree cover, a buildable footprint, and walking distance to the community dock and marina area. The lot already a septic permit approved for a 4-bedroom home, and there's no required timeframe to build, making it ideal for a future homesite, weekend getaway, or income-producing vacation rental. The lot is already partially cleared at the ideal spot for your homesite. Underground utilities, including high-speed fiber internet, are already at the road and homes are being built in the community as we speak. Eagle Bay is a gated lake-front community with excellent amenities: a private boat ramp, lakeside beach, picnic area, fire pits, and has boat slips available for lease ($3,600/year). HOA dues are $2400/year. Site-built or approved modular homes welcome (1,200 sq/ft minimum), Short-term rentals allowed, Horses and ATVs permitted, Camping up to 7 days in a 30-day period. With paved roads and dramatic topography, this lot gives you the canvas to design a home that fully embraces the natural beauty of the Watauga Lake area. Whether you're catching sunrise through the trees or gazing at starlight reflected on the water, this is a homesite that delivers true mountain-lake living. Just 37 minutes to Boone, NC, and close to Elizabethton, Mountain City, skiing, hiking, fly fishing, and more. It's also just minutes to Villa Nove Vineyards and the new Tennessee Hills Distillery scheduled to open in fall 2025. Contact your agent to schedule a private tour. Buyer/Buyer's Agent to verify all information.

Property Details

MLS # 9981324

Property Type Land

Acres 4.72

Subdivision Eagle Bay

County Johnson

Features

Property Features

Access/Trans: Private Maintained Road, Public Maintained Road

Possession: Close Of Escrow

Property Condition: Above Average

Topography/Lot Description: Cleared

Utilities: Electricity Available, Fiber Available, Underground Utilities

View: Mountain(s), Water

Waterfront Features: Lake Privileges

Sewer: Septic Tank

Water: Well, Private

Info Available: Building Restrictions, Survey, Plat, Deed Restrictions, Covenant

Lot Features: Level, Sloped, Rolling Slope, Mountainous, Wooded

Permitted: Horses, Site Built, Modular

Road Access: 2 Lane Road, Private Road

Road Surface Type: Paved

Land Type: Residential, Subdevelopment, Lot/Tract

Easements: Utility Easement

Financial

List Price $285,000

Original List Price $285,000

HOA $2400.00 / Annually

Taxes $1,691.20 / yr

Directions

From Hampton TN, E on US-321 S toward Boone 9.6 mi, R on US-321 toward Boone 9.8 mi, L on Greggs Branch Rd 1.4 mi, R on Buntontown Rd 0.8 mi, R on Cowan Town Rd 0.3 mi, R into Eagle Bay through gates, Lot 24 is on L just after lot 23. There is a 30' easement across lot 25 leading to Lot 24.