Cowan Town Road lot 11, Butler, TN 37640

This 4.37-acre homesite is located in the gated Eagle Bay community on Watauga Lake. Situated at over 2,200 feet in elevation, the wooded parcel has terrain rising from approximately 2,046 to 2,339 feet. Mature pines and hardwoods frame views of the Blue Ridge and Appalachian ridgelines, with Watauga Lake visible beyond the tree line. The topography allows for multiple building sites and a walk-out basement design to capture mountain and lake views. Selective clearing can further enhance sightlines while preserving the wooded character. Eagle Bay provides lake privileges with a private boat ramp and community dock, where slips are available for lease. Covenants protect property values and natural beauty, and the gated entrance ensures security. The community includes mountain-modern and timber-frame homes, with paved private and public roads for year-round access. Underground utilities preserve views, and high-speed fiber internet plus electricity are available at the road. Well and septic are required for development, and septic-suitable soils are present. This property is suitable for a custom mountain home, timber-frame retreat, or modular build. Horses are permitted, camping is allowed, and short-term rentals are approved. Eagle Bay is positioned near the Appalachian Trail, Virginia Creeper Trail, Cherokee National Forest, Roan Mountain State Park, Sugar Mountain and Beech Mountain skiing, Boone, NC and Mountain City, TN. Elizabethton is nearby. Johnson City, the Tri-Cities Regional Airport, Bristol Motor Speedway, and Johnson City Medical Center are within 90 minutes. Asheville, Knoxville, and the Great Smoky Mountains are within day-trip distance.