Watauga Lake View
For Sale
$275,000
Lot 24 Cowan Town Road Unit 24, Butler, TN 37640
4.72-acre homesite with panoramic lake views and community amenities.
Property Size205,603 SF
Lot Size4.72 Acres
Price / SF$1.34
Days on Market452
Property Features for Lot 24 Cowan Town Road Unit 24
General Information
Standard status
Active
Size
205,603 SF
Lot size
4.72 Acres
Property subtype
Land
Zoning
Residential
Taxes and HOA fees
Annual Taxes
$1,691
Amenities
.00
Listing Agency:
Fathom Realty
(423) 525-9252
Listed By:
Donaven Braun · License #345463
(423) 525-9252
Source:
Compass
Added: May 31, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:58AM
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 Fathom Realty
Investment Insights
Based on property information with market context.
This 4.72-acre homesite, 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. HOA dues are $2400 per year. Site-built or approved modular homes are welcome with a 1,200 sq ft minimum. Short-term rentals are allowed, and horses and ATVs are permitted, with camping allowed up to 7 days in a 30-day period. Paved roads and dramatic topography allow for designing a home that embraces the natural beauty of the Watauga Lake area. 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.
Key Highlights
- Jaw‑dropping, panoramic 180‑degree views of Watauga Lake and River.
- 4.72‑acre lot with approved septic permit for a 4‑bedroom home.
- Walking distance to community dock and marina area.
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?
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 Lot 24 Cowan Town Road Unit 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: Jaw‑dropping, panoramic 180‑degree views of Watauga Lake and River.; 4.72‑acre lot with approved septic permit for a 4‑bedroom home.; Walking distance to community dock and marina area.
