Waterfront Mountain Homesite with
For Sale
$195,000
Cowan Town Road lot 11, Butler, TN 37640
LAND - Butler, TN
Property SizeContact for details
Lot Size4.37 Acres
Days on Market105
Property Features for Cowan Town Road lot 11
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Eagle Bay
Lot features
Mountainous, Rolling Slope, Sloped, Wooded
View
Water
Elementary school
Doe
Middle school
Johnson Co
High school
Johnson Co
Directions
Take E Elk Ave to US-19E S/US-321 S Follow US-321 S to Greggs Branch Rd in Johnson County Continue on Greggs Branch Rd. Take Buntontown Rd. turn R onto Cowan Town Rd. Eagle Bay Pkwy is on the R
Standard status
Active
APN
097 138.00
Lot size
4.37 Acres
Taxes and HOA fees
Tax Annual Amount
1594
HOA Fee
$2,400 Annually
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Water source
Private, Well
Water front features
Lake
Water front
1
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Donaven Braun · License #345463
(423) 525-9252
Added: Apr 22
Changed: Aug 3
Last Checked: Aug 4 at 3:06AM
MLS# 9994269
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.
This 4.37-acre wooded homesite is located within the gated Eagle Bay community and offers long-range mountain and water views framed by mature pines and hardwoods. The parcel features varied topography with elevations roughly described from about 2,046 to 2,339 feet, creating multiple potential building locations. The lot’s slopes and terrain are well suited for a walk-out basement design, allowing a new home to take advantage of panoramic scenery across multiple levels. Underground utilities are available at the road, and the community includes well and septic requirements for development.
Eagle Bay provides deeded lake privileges tied to Watauga Lake, including access to a community private boat ramp and community dock, with slips available for lease. The community also maintains protected TVA shoreline within its lakefront area. Roads within Eagle Bay are described as paved, supporting year-round access. The property is being offered with the understanding that all details should be verified by the buyer and buyer’s agent.
This property is a strong fit for buyers seeking a custom mountain home or retreat on a wooded parcel where views and lake access are part of the planning. The property permits horses, allows camping on the lot, and states that short-term rentals are approved, which may support both personal use and rental-driven scenarios. Development will require a well and septic, and septic-suitable soils are described as present.
Eagle Bay provides deeded lake privileges tied to Watauga Lake, including access to a community private boat ramp and community dock, with slips available for lease. The community also maintains protected TVA shoreline within its lakefront area. Roads within Eagle Bay are described as paved, supporting year-round access. The property is being offered with the understanding that all details should be verified by the buyer and buyer’s agent.
This property is a strong fit for buyers seeking a custom mountain home or retreat on a wooded parcel where views and lake access are part of the planning. The property permits horses, allows camping on the lot, and states that short-term rentals are approved, which may support both personal use and rental-driven scenarios. Development will require a well and septic, and septic-suitable soils are described as present.
Key Highlights
- 4.37‑acre wooded homesite in Eagle Bay on Watauga Lake with lake (WaterfrontFeatures: Lake) and long‑range mountain views.
- Located in the gated Eagle Bay community with private boat ramp and community dock; slips available for lease.
- Utilities at/near the road include electricity and high‑speed fiber; underground utilities help preserve views.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
13
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?
Waterfront Land - Wooded homesite in a gated Watauga Lake community with deeded lake privileges and long-range mountain views.
Where is this waterfront land located?
The property is located at Cowan Town Road lot 11 Butler, TN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 4.37‑acre wooded homesite in Eagle Bay on Watauga Lake with lake (WaterfrontFeatures: Lake) and long‑range mountain views.; Located in the gated Eagle Bay community with private boat ramp and community dock; slips available for lease.; Utilities at/near the road include electricity and high‑speed fiber; underground utilities help preserve views.
