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Lakefront Gated Community Land Lot
For Sale
$52,500

35 Dry Hill Road Unit 35, Butler, TN 37640

Nearly two-acre lot with paved road frontage, sloping wooded terrain, and underground utilities in a gated community.

Property Size84,070 SF
Lot Size1.93 Acres
Price / SF$0.62
Days on Market615

Property Features for 35 Dry Hill Road Unit 35

General Information

Standard status Active
Size 84,070 SF
Lot size 1.93 Acres
Property subtype Land
Zoning Residential

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $256

Amenities

.00
Listing Agency: Braswell Realty Inc. RM
Listed By: Pam Braswell · License #251439
Source: Compass
Added: Dec 18, 2024 Changed: Aug 14 Last Checked: Aug 14 at 7:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Braswell Realty Inc. RM

Investment Insights

Based on property information with market context.

This sale offering is a lake-related vacant land lot within a gated community on Watauga Lake. The property is approximately 1.93 acres and features a paved road along both the lower and upper boundaries. The lower portion slopes toward a more level area with large native trees, while the upper portion offers the possibility of mountain and pastoral views.

The lot allows for two separate driveways into the property, with one at the front of the home and a second at the back. Underground utilities are already in place, and water hook-up may be available through the Mountain City Water District. Any home built on the lot must be a minimum of 1,200 square feet.

Owners can access amenities associated with Eagle Bay, including lake access, a boat ramp, and boat slips, as well as a picnic area and fire pit. The area is described as being minutes from Watauga Lake Winery and Villa Nova Farm & Vineyard, and Watauga Lake is a TVA lake with more than 160 miles of shoreline, largely owned by the USFS.

Key Highlights

  • 1.93‑acre lot in a gated community with paved road on both lower and upper boundaries
  • Underground utilities are in place
  • Two separate driveways into the property are possible (front of the home and at the back)

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Grocery & Convenience Store Food Market Wine and Liquor Store Restaurant Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Nearly two-acre lot with paved road frontage, sloping wooded terrain, and underground utilities in a gated community.
Where is this waterfront land located?
The property is located at 35 Dry Hill Road Unit 35 Butler, TN.
What is the asking price?
The asking price for this property is $52,500.
What are key features of this property?
This property features: 1.93‑acre lot in a gated community with paved road on both lower and upper boundaries; Underground utilities are in place; Two separate driveways into the property are possible (front of the home and at the back)
More about this property
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