Lakefront Residential Land
For Sale
$275,000
Cowan Town Road lot 24, Butler, TN 37640
LAND - Butler, TN
Property SizeContact for details
Lot Size4.72 Acres
Days on Market425
Property Features for Cowan Town Road lot 24
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Eagle Bay
Lot features
Level, Mountainous, Rolling Slope, Sloped, Wooded, 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 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.
Standard status
Active
APN
097 093.00
Lot size
4.72 Acres
Taxes and HOA fees
Tax Annual Amount
1691
HOA Fee
$2,400 Annually
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
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: Jun 6, 2025
Changed: Aug 3
Last Checked: Aug 4 at 3:06AM
MLS# 9981324
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 land lot offers panoramic views of Watauga Lake and sits at an elevation intended to capture long-range lake and mountain vistas. The lot is partially cleared at the ideal spot for a homesite and includes a buildable footprint, with a septic permit already approved for a four-bedroom home. No required timeframe to build is noted in the listing.
The property is located within Eagle Bay, a gated lake-front community with amenities including a private boat ramp, lakeside beach, picnic area, and fire pits. The community also offers boat slips available for lease, and the listing states that site-built or approved modular homes are welcome, with short-term rentals allowed, horses and ATVs permitted, and camping allowed up to 7 days in a 30-day period. Underground utilities, including fiber internet, are stated to be at the road, and homes are being built in the community.
The lot is identified as Lot 24, Cowan Town Road, Butler, Tennessee (Johnson County). Buyer/Buyers Agent is instructed to verify all information.
The property is located within Eagle Bay, a gated lake-front community with amenities including a private boat ramp, lakeside beach, picnic area, and fire pits. The community also offers boat slips available for lease, and the listing states that site-built or approved modular homes are welcome, with short-term rentals allowed, horses and ATVs permitted, and camping allowed up to 7 days in a 30-day period. Underground utilities, including fiber internet, are stated to be at the road, and homes are being built in the community.
The lot is identified as Lot 24, Cowan Town Road, Butler, Tennessee (Johnson County). Buyer/Buyers Agent is instructed to verify all information.
Key Highlights
- 4.72‑acre homesite with panoramic 180‑degree views of Watauga Lake up and down the Watauga River
- Septic permit approved for a 4‑bedroom home; no required timeframe to build
- Partially cleared building area at the ideal spot for the homesite
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 - Residential land lot with panoramic Watauga Lake views, partially cleared buildable footprint, and septic permit approval for a four-bedroom home.
Where is this waterfront land located?
The property is located at Cowan Town Road lot 24 Butler, TN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 4.72‑acre homesite with panoramic 180‑degree views of Watauga Lake up and down the Watauga River; Septic permit approved for a 4‑bedroom home; no required timeframe to build; Partially cleared building area at the ideal spot for the homesite
