Lake View Homesite in Butler,
For Sale
$240,000
Cowan Town & Eagle Ridge Pkwy Road, Butler, TN 37640
LAND - Butler, TN
Lot Size0.95 Acres
Days on Market90
Property Features for Cowan Town & Eagle Ridge Pkwy Road
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Eagle Bay
Lot features
Rolling Slope, Cleared
View
Water
Elementary school
Doe
Middle school
Johnson Co
High school
Johnson Co
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
Standard status
Active
APN
097 084.00
Lot size
0.95 Acres
Taxes and HOA fees
Tax Annual Amount
460
HOA Fee
$2,400 Annually
Utilities
Utilities
Electricity Available
Water source
Private
Water front features
Lake
Water front
1
Listing Agency:
KW Johnson City · Keller Williams Realty
(423) 433-6500
Listed By:
Laura Holtsclaw · License #370193
(865) 805-2892
Added: May 5
Last Checked: Aug 2 at 1:06AM
MLS# 9994941
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located within the gated Eagle Bay community overlooking Watauga Lake, Lot 16 on Eagle Ridge Parkway offers the opportunity to build a custom luxury lake home with year-round water views and proximity to lake access. This 0.95-acre homesite has been cleared and features a gently rolling contour suitable for a custom build with expansive windows, outdoor entertaining space, and the potential for a walk-out lower level oriented toward the lake. Positioned directly across from community lake access and parking, the property provides convenient access to the water while maintaining an elevated vantage point overlooking the lake and surrounding ridgelines. Eagle Bay owners have access to lease boat slips through Eagle Bay Marina & Beach Club on a first come basis. The community features 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. Modern conveniences are available at the road, including electric and fiber connectivity. Private well and septic installation allow flexibility in tailoring the homesite and utility layout. Located less than an hour from both Johnson City and Boone, Eagle Bay provides access to dining, shopping, ski destinations, hiking trails, and Appalachian High Country recreation. Nearby outdoor attractions include boating, paddleboarding, fishing, and access to the Appalachian Trail corridor. This homesite offers protected community standards and lifestyle appeal in Northeast Tennessee's lake markets.
Key Highlights
- Rare opportunity to build a custom luxury lake home with year‑round water views and immediate proximity to Watauga Lake access.
- Cleared, gently rolling 0.95‑acre homesite suitable for a custom build with expansive windows and outdoor entertaining space.
- Directly across from community lake access and parking, providing convenient access to the water.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 37640, TN
3,664
Population
2,344
Households
1.6
Avg Household Size
51
Median Age
16%
College-Educated
83%
High-School Grad
105.0 sq mi
ZIP Area
35
Density / Sq Mi
$47,404
Median Household Income
$34,250
Median Earnings
$674
Median Rent
$154,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build-ready homesite with lake views and community lake access.
Where is this residential land & home lot located?
The property is located at Cowan Town & Eagle Ridge Pkwy Road Butler, TN.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Rare opportunity to build a custom luxury lake home with year‑round water views and immediate proximity to Watauga Lake access.; Cleared, gently rolling 0.95‑acre homesite suitable for a custom build with expansive windows and outdoor entertaining space.; Directly across from community lake access and parking, providing convenient access to the water.
