Residential Waterfront Land with
For Sale
$109,000
Cowan Town Road lot 40, Butler, TN 37640
Land, Butler, TN
Property SizeContact for details
Lot Size4.43 Acres
Days on Market75
Property Features for Cowan Town Road lot 40
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Eagle Bay
Lot features
Level, Wooded
Elementary school
Little Milligan
Middle school
Johnson Co
High school
Johnson Co
Directions
From Rt 321, Head to Cownan Town Road. and Before the one lane Bridge, turn right and follow to the Eagle Bay Gate.
Standard status
Active
APN
097 111.00
Lot size
4.43 Acres
Taxes and HOA fees
Tax Annual Amount
805
HOA Fee
$200 Monthly
Utilities
Utilities
Electricity Available
Sewer type
Private Sewer
Water source
Private
Water front features
Lake
Water front
1
Listing Agency:
KW Johnson City · Keller Williams Realty
(423) 433-6500
Listed By:
Michael Duever · License #332036
(423) 946-1462
Added: Jun 13
Changed: Aug 19
Last Checked: Aug 26 at 12:06AM
MLS# 9996800
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 offering is for residential waterfront land in a Tuscan-inspired community setting, with 4.43 acres available to develop. The property includes a south-facing gentle slope and existing wooded areas that can support privacy. With limited clearing of light brush, the site is described as ready for building, and the terrain is presented as suitable for capturing views toward the southern mountains.
The land is positioned with Eagle Bay on Watauga Lake access, and the seller notes a common area used for launching boats through the HOA. Recreational waterfront facilities referenced in the HOA include space for activities such as volleyball and picnicking by the water. The property is also described as having optional boat dock slips available to owners for an added fee.
For buyers looking to build a primary or secondary home, this site’s residential zoning supports that use and the acreage gives room to create a custom layout. The lake-oriented community amenities and access to a boat launch can be appealing for owners who want waterfront recreation as part of everyday life. Prospective buyers should confirm all details during due diligence, including the optional dock slip program and HOA-related information, as well as any site-specific building requirements.
The land is positioned with Eagle Bay on Watauga Lake access, and the seller notes a common area used for launching boats through the HOA. Recreational waterfront facilities referenced in the HOA include space for activities such as volleyball and picnicking by the water. The property is also described as having optional boat dock slips available to owners for an added fee.
For buyers looking to build a primary or secondary home, this site’s residential zoning supports that use and the acreage gives room to create a custom layout. The lake-oriented community amenities and access to a boat launch can be appealing for owners who want waterfront recreation as part of everyday life. Prospective buyers should confirm all details during due diligence, including the optional dock slip program and HOA-related information, as well as any site-specific building requirements.
Key Highlights
- 4.43‑acre lot in Eagle Bay on Watauga Lake with lake waterfront features
- South‑facing gentle slope with mountain views toward the southern mountains
- Water source: private; sewer: private sewer; electricity available
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
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 lakefront land offers buildable acreage with community access to a boat launch and waterfront amenities.
Where is this waterfront land located?
The property is located at Cowan Town Road lot 40 Butler, TN.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 4.43‑acre lot in Eagle Bay on Watauga Lake with lake waterfront features; South‑facing gentle slope with mountain views toward the southern mountains; Water source: private; sewer: private sewer; electricity available
