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    45 Eagle Rdg Pkwy Butler, TN 37640

    Sponsored
    For Sale
    $159,000

    1.1-Acre Mountain Lake Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.1-acre commercial lot in the prestigious Eagle Bay gated community of Butler, Tennessee (APN: 097 116.01) offers breathtaking lake and mountain views. Priced at $159,000 ($144,545.45/acre), this R-zoned property boasts underground utilities and is conveniently located near a private marina with covered boat slips and a boat ramp. Enjoy community amenities including fire pits, BBQ grills, and picnic tables. The property is a short drive from Watauga Lake Winery, a local mercantile, Villa Nove Farm & Vineyard, and is within easy reach of Boone, NC, and Johnson City, TN. Watauga Lake, known for its pristine waters and abundant wildlife, provides a tranquil setting. This lot presents a unique opportunity for development, blending luxury with the natural beauty of the Appalachian Mountains and the clean waters of Watauga Lake, consistently ranked among the cleanest in the United States. The property's location offers both a peaceful retreat and convenient access to local amenities and larger towns. This is an ideal investment for those seeking a prime location in East Tennessee's most stunning landscapes. Buyers are responsible for verifying all information.

    Property Features for 45 Eagle Rdg Pkwy

    General Information

    Property type
    Land
    Lot Size
    47,916 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Butler
    County
    Johnson
    State
    Tennessee
    Longitude
    -81.9475707
    Latitude
    36.3103607

    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?
    Land - 1.1-Acre Mountain Lake Lot
    Where is this land located?
    The property is located at 45 Eagle Rdg Pkwy Butler, TN.
    What is the asking price?
    The asking price for this property is $159,000.
    (423) 433-6500
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    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
    45 Eagle Rdg Pkwy Butler, TN 37640
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