$255,000
$40K PRICE DROP

Lot 23 Cowan Town Rd Butler, TN 37640

Estimated payment $1,792/month

Total Views 1,303
2.85 Acres
$89,474 Price per Acre
124,146 Sq Ft Lot

Highlights

  • Access To Lake
  • Waterfront
  • Lake Privileges

About This Lot

JUST REDUCED!
SELLER IS OFFERING 20K CREDIT TOWARDS WELL/CLOSING!

LAKE VIEW!!

Nestled within the new prestigious Eagle Bay gated development lies this exceptional lot poised to deliver a truly remarkable lifestyle. Located just moments away from the breathtaking Watauga Lake, described as ''the most beautiful county in the Tennessee River watershed,'' this incredible neighborhood boasts an array of amenities that will provide endless enjoyment.

Unwind during long summer days surrounded by the natural beauty of the 16.3-mile-long lake, easily accessible from your new property at Eagle Bay. You'll relish in the enchanting lake experience including common areas with charming fire pits, cozy Adirondack chairs, BBQ grills, boat ramp, and covered boat slips available for lease.

Explore nearby Villa Nove Vineyards, Watauga Lake Winery, and the Watauga Lake Mercantile, all just minutes from your new homesite. Don't miss this chance to seize the perfect opportunity to experience a truly extraordinary lifestyle in one of the most breathtaking locations of Eastern Tennessee.

HOA: $1500 per year

Travel Distances:
Boone, NC - 30 min
Johnson City, TN - 55 min
Charlotte, NC - 2.5 hrs
Raleigh, NC - 3.5 hrs
Asheville, NC - 2 hrs

Listing Agent

Allison Eastridge

Waterfront Group PLC, LLC License #368835 Listed on: 02/11/2025

Property Details

Property Type

  • Land

Lot Details

  • 2.85 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Sloped Lot
  • Property is in good condition

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

  • Doe Elementary School
  • Johnson Co Middle School
  • Johnson Co High School

Utilities

  • Underground Utilities
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 097 092.00

Community Details

Overview

  • Eagle Bay Subdivision

Recreation

  • Access To Lake
  • Lake Privileges

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Directions: Directions: From US-321:Turn onto Greggs Branch Rd. then go 9.8 miles, turn right onto Buntontown Rd. for 1.4 miles, then turn right onto Cowan Town Rd. and Eagle Bay gate entrance will be on the right. Once you are in the subdivision, the lot will be on the left!
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road, Private Road
  • Subdivision Name: Eagle Bay
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 097 092.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 2.85
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Doe
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • General Property Description HOA YN: Yes
  • Property Condition Above Average: Yes
  • View Mountain(s): Yes
  • General Property Description HOA Fee: 1500.0
  • General Property Description Association Fee Frequency: Annually
  • View Water2: Yes
  • General Property Description Lot Size SqFt: 124146.0
  • Sewer Private Sewer: Yes
  • Lot Features Sloped2: Yes
  • Utilities Underground Utilities: Yes
  • Water Private: Yes
  • Road Access Private Road: Yes
  • Waterfront Features Lake Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Above Average
  • Lot Features: Sloped
  • View: Mountain(s), Water
  • Waterfront Features: Lake Privileges
  • Acres: 2.85
  • Waterfront: Yes

Utilities

  • Sewer: Private Sewer
  • Utilities: Underground Utilities
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 1500.0
  • Association: Yes

Schools

  • Elementary School: Doe
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 2.85 Acres
  • Lot Size Sq Ft: 124146.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 097 092.00
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $254,900 0.0% --
02/11/2025 02/11/25 Price Changed $255,000 0.0% --
02/11/2025 02/11/25 For Sale $255,000 -3.8% --
01/29/2025 01/29/25 Off Market $265,000 -- --
07/30/2024 07/30/24 Price Changed $265,000 0.0% --
07/30/2024 07/30/24 For Sale $265,000 -5.3% --
07/14/2024 07/14/24 Off Market $279,900 -- --
01/14/2024 01/14/24 Price Changed $279,900 0.0% --
01/14/2024 01/14/24 For Sale $279,900 -5.1% --
12/31/2023 12/31/23 Off Market $294,900 -- --
05/06/2023 05/06/23 For Sale $294,900 -- --
Source: Tennessee/Virginia Regional MLS

Similar Property in Butler, TN

  • 0 Cowan Town Rd Unit 23873988, Butler, TN 37640

    $254,900

    • Land
    • 2.85 Acres
    • $89,439 per Acre
    • 0 Cowan Town Rd
    • Unit 23873988
    • Butler, TN

    Commanding Watauga Lake View Lot + $20K Buyer Credit - Eagle BayPerched high above the water with a front-row seat to one of the most beautiful lakes in the Southeast, Lot 23 in Eagle Bay is the mountain lake homesite you've been waiting for! This spectacular lot offers sweeping, unobstructed views of Watauga Lake, all while being just a short walk or drive down to the private marina,

    Waterfront Group

    Section Image

Source: Tennessee/Virginia Regional MLS

MLS Number: 9951489

Tennessee/Virginia Regional MLS