This is the one you've been waiting for. Lot 24 in Eagle Bay offers jaw-dropping, panoramic views of Watauga Lake both up and down the Watauga River — some of the best views in the entire community with 180-degree long range views. Spanning 4.72 acres, this homesite sits at the perfect elevation to capture long-range lake and mountain vistas, while still offering privacy, tree cover, a buildable footprint, and walking distance to the community dock and marina area. The lot already a septic permit approved for a 4-bedroom home, and there's no required timeframe to build, making it ideal for a future homesite, weekend getaway, or income-producing vacation rental. The lot is already partially cleared at the ideal spot for your homesite. Underground utilities, including high-speed fiber internet, are already at the road and homes are being built in the community as we speak. Eagle Bay is a gated lake-front community with excellent amenities: a private boat ramp, lakeside beach, picnic area, fire pits, and has boat slips available for lease ($3,600/year). HOA dues are $1,500/year. Site-built or approved modular homes welcome (1,200 sq/ft minimum), Short-term rentals allowed, Horses and ATVs permitted, Camping up to 7 days in a 30-day period. With paved roads and dramatic topography, this lot gives you the canvas to design a home that fully embraces the natural beauty of the Watauga Lake area. Whether you're catching sunrise through the trees or gazing at starlight reflected on the water, this is a homesite that delivers true mountain-lake living. Just 37 minutes to Boone, NC, and close to Elizabethton, Mountain City, skiing, hiking, fly fishing, and more. It's also just minutes to Villa Nove Vineyards and the new Tennessee Hills Distillery scheduled to open in fall 2025.
Contact your agent to schedule a private tour. Buyer/Buyer's Agent to verify all information.
Lot/land
$285,000
24 Cowan Town Rd, Butler, TN 37640
--beds
0baths
4.72Acres
Land
Built in ----
4.72 Acres Lot
$-- Zestimate®
$--/sqft
$125/mo HOA
What's special
Privacy tree coverBuildable footprintDramatic topographyPaved roads
- 75 days
- on Zillow |
- 241 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 11:48am
Listed by:
Donaven Braun 423-525-9252,
Fathom Realty 888-455-6040
Source: TVRMLS,MLS#: 9981324
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Mountain(s), Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Privileges
Lot
- Size: 4.72 Acres
- Features: Level, Mountainous, Rolling Slope, Sloped, Wooded, Cleared
Details
- Parcel number: 097 093.00
- Zoning: Residential
Utilities & green energy
- Sewer: Septic Tank, None
- Water: Private, Well, None
- Utilities for property: Fiber Available, Electricity Available, Underground Utilities
Community & HOA
Community
- Subdivision: Eagle Bay
HOA
- Has HOA: Yes
- HOA fee: $1,500 annually
Location
- Region: Butler
Financial & listing details
- Date on market: 6/6/2025
- Electric utility on property: Yes
- Road surface type: Paved
- Loading