Cleared Waterfront Homesite with
For Sale
$152,900
Cowan Town Road lot 60, Butler, TN 37640
LAND - Butler, TN
Lot Size1.14 Acres
Days on Market105
Property Features for Cowan Town Road lot 60
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
Eagle Bay
Lot features
Level, Mountainous, Rolling Slope, Sloped, 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, Take first R, then go L . Lot 60 will be on the R. Lots are marked.
Standard status
Active
APN
097 128.00
Lot size
1.14 Acres
Taxes and HOA fees
Tax Annual Amount
516
HOA Fee
$2,400 Annually
Utilities
Utilities
Electricity Available
Sewer type
Private Sewer
Water source
Private, Well
Water front features
Lake
Water front
1
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Donaven Braun · License #345463
(423) 525-9252
Added: Apr 20
Changed: Jul 31
Last Checked: Aug 2 at 2:06AM
MLS# 9994148
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 cleared homesite offers a ready-to-build setting with a prepared, graded terrain and multiple potential home placement options. The property is positioned to capture elevated panoramic views, with a gently to moderate slope that may suit a walkout or tiered design. Underground utilities are already in place, and the listing notes electricity and high-speed fiber internet available at the lot.
The homesite is located in Eagle Bay, a gated lakefront community with maintained paved roads. Public remarks also indicate proximity to a neighboring marina below the lot and that lake access is described as minutes-quick. Community amenities referenced include a private marina with boat slips available for lease, private boat ramp access, and a lakeside beach area with fire pits and picnic spots.
For buyers looking to build in a lake-focused setting, this property combines an existing cleared building site with paved community road frontage directly at the lot line, reducing reliance on a long private driveway. The listing also indicates that site-built and approved modular homes are welcome, with a stated minimum square-foot requirement. Horses and ATVs are permitted, and short-term rentals are allowed, giving flexibility for primary residence, second home, or recreation-oriented use. Buyer and buyer’s agent are advised to verify all information.
The homesite is located in Eagle Bay, a gated lakefront community with maintained paved roads. Public remarks also indicate proximity to a neighboring marina below the lot and that lake access is described as minutes-quick. Community amenities referenced include a private marina with boat slips available for lease, private boat ramp access, and a lakeside beach area with fire pits and picnic spots.
For buyers looking to build in a lake-focused setting, this property combines an existing cleared building site with paved community road frontage directly at the lot line, reducing reliance on a long private driveway. The listing also indicates that site-built and approved modular homes are welcome, with a stated minimum square-foot requirement. Horses and ATVs are permitted, and short-term rentals are allowed, giving flexibility for primary residence, second home, or recreation-oriented use. Buyer and buyer’s agent are advised to verify all information.
Key Highlights
- Lot 60 is a 1.14‑acre cleared, build‑ready homesite in Eagle Bay with unobstructed panoramic views of Watauga Lake and the Appalachian Mountains.
- Sited at 2,200+ ft elevation with a wide elevated lake/mountain panorama, including a dramatic rock bluff framing the far shore.
- Paved community road frontage sits at the lot line, with underground utilities throughout Eagle Bay and electricity and high‑speed fiber available at the lot.
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 - Cleared, build-ready homesite in a gated lakefront community with paved road access and underground utilities.
Where is this waterfront land located?
The property is located at Cowan Town Road lot 60 Butler, TN.
What is the asking price?
The asking price for this property is $152,900.
What are key features of this property?
This property features: Lot 60 is a 1.14‑acre cleared, build‑ready homesite in Eagle Bay with unobstructed panoramic views of Watauga Lake and the Appalachian Mountains.; Sited at 2,200+ ft elevation with a wide elevated lake/mountain panorama, including a dramatic rock bluff framing the far shore.; Paved community road frontage sits at the lot line, with underground utilities throughout Eagle Bay and electricity and high‑speed fiber available at the lot.
