Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Cowan Town Rd, Unit 24 Butler, TN 37640

    For Sale
    $285,000

    LAND - Butler, TN

    Lot size:
    4.72 Acres
    Days on Market:
    121
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for Cowan Town Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    097 093.00
    Lot size
    4.72 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank
    Water source
    Private, Well
    Water front features
    Lake
    Water front
    1

    FATHOM REALTY (888) 455-6040

    Listing agent Donaven Braun (423) 525-9252 License #345463

    Listing date Aug 13, 2025

    MLS# 9981324 Listing URL

    Copyright © 2025 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.

    Overview

    Breathtaking Lake View Homesite

    This 4.72-acre homesite, identified as Lot 24 in Eagle Bay, offers panoramic views of Watauga Lake and the Watauga River. The property's elevation allows for long-range lake and mountain vistas, while maintaining privacy and tree cover. A septic permit is already approved for a 4-bedroom home. There is no required timeframe to build, making it suitable for a future homesite, weekend getaway, or income-producing vacation rental. The lot is partially cleared at the ideal spot for a homesite. Underground utilities, including high-speed fiber internet, are available at the road. Eagle Bay is a gated lake-front community with amenities including a private boat ramp, lakeside beach, picnic area, and fire pits. Boat slips are available for lease at $3,600 per year, and HOA dues are $1,500 per year. Site-built or approved modular homes (1,200 sq ft minimum) are welcome. Short-term rentals are allowed, and horses and ATVs are permitted, with camping allowed up to 7 days in a 30-day period. The property is located 37 minutes from Boone, NC, and close to Elizabethton, Mountain City, skiing, hiking, and fly fishing. It is also minutes from Villa Nove Vineyards and the new Tennessee Hills Distillery, scheduled to open in fall 2025. The property is zoned for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Butler
    County
    Johnson
    State
    Tennessee
    Longitude
    -81.942067
    Latitude
    36.307916

    Nearby Similar for Sale

    • $910,000
      2,900 SF

      Lake-Mountain Retreat in Harbour Community

      Stunning 3-bedroom home with lake and mountain views.
      175 Deer Ridge Ct, Butler, TN 37640
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.72-acre homesite with panoramic lake views and community amenities.
    Where is this residential land & home lot located?
    The property is located at Cowan Town Rd, Unit 24 Butler, TN.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Jaw-dropping, panoramic 180-degree views of Watauga Lake and River.; - 4.72-acre lot with approved septic permit for a 4-bedroom home and no required build timeframe.; - Walking distance to community dock and marina area.
    (423) 525-9252
    Request Owner's contact information
    Cowan Town Rd, Unit 24 Butler, TN 37640
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Cowan Town Rd, Unit 24
    Butler, TN 37640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cowan Town Rd, Unit 24 Butler, TN 37640
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.