Waterfront Residential
For Sale
$230,000
Cowan Town Road lot 17, Butler, TN 37640
LAND - Butler, TN
Property SizeContact for details
Lot Size0.65 Acres
Days on Market322
Property Features for Cowan Town Road lot 17
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 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.
Standard status
Active
APN
097 085.00
Lot size
0.65 Acres
Taxes and HOA fees
Tax Annual Amount
385
HOA Fee
$2,400 Annually
Utilities
Utilities
Electricity Available
Water source
Well, Private
Water front features
Lake
Water front
1
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Donaven Braun · License #345463
(423) 525-9252
Added: Sep 17, 2025
Changed: Aug 3
Last Checked: Aug 4 at 3:06AM
MLS# 9985907
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 residential homesite in Eagle Bay is grassy, cleared, and designed to be easy to build, with a nearly level layout and gentle topography. Unobstructed views of Watauga Lake are available from the elevated yet near-flat position of the lot. A 3-bedroom septic permit is noted for the property, and underground utilities are reported to be in place. The community allows site-built homes or approved modular homes, with a stated minimum size requirement of 1,200 square feet.
The lot is described as a stones throw from the shores of Watauga Lake, with the marina area, picnic space, and fire pit area just across the street. The community also features paved roads and fiber internet. Eagle Bay’s lake-focused amenities include a private marina with available boat slip leases, a boat ramp, lakeside fire pits, a sandy beach, and picnic areas.
For tenants, owners, or buyers seeking lake-adjacent living, the property is positioned within a neighborhood that supports short-term rentals. The community also welcomes ATVs and horses, and it permits camping for up to 7 days within any 30-day period, with no required timeframe to build. HOA dues are reported as $2,400 per year, and buyers are advised to verify all information.
The lot is described as a stones throw from the shores of Watauga Lake, with the marina area, picnic space, and fire pit area just across the street. The community also features paved roads and fiber internet. Eagle Bay’s lake-focused amenities include a private marina with available boat slip leases, a boat ramp, lakeside fire pits, a sandy beach, and picnic areas.
For tenants, owners, or buyers seeking lake-adjacent living, the property is positioned within a neighborhood that supports short-term rentals. The community also welcomes ATVs and horses, and it permits camping for up to 7 days within any 30-day period, with no required timeframe to build. HOA dues are reported as $2,400 per year, and buyers are advised to verify all information.
Key Highlights
- Lakefront lot near Watauga Lake with unobstructed lake and mountain views from a grassy cleared homesite
- Nearly level, easy‑to‑build homesite in the Eagle Bay community with gentle topography
- 3‑bedroom septic permitted for the property and private water source (well)
Property Analytics
Property Profile
Current Use
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 - Grassy, nearly level homesite with permitted 3-bedroom septic and unobstructed lake views near Watauga Lake’s marina area.
Where is this waterfront land located?
The property is located at Cowan Town Road lot 17 Butler, TN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Lakefront lot near Watauga Lake with unobstructed lake and mountain views from a grassy cleared homesite; Nearly level, easy‑to‑build homesite in the Eagle Bay community with gentle topography; 3‑bedroom septic permitted for the property and private water source (well)
