Discover an exceptional opportunity to build your dream mountain-lake retreat in the desirable gated community of Eagle Bay on beautiful Watauga Lake. Offering approximately 2.78 acres of mostly flat, usable land, this property stands out as a rare find in the mountains of Northeast Tennessee, providing a more convenient and versatile setting for designing and building your future home.
Ideally positioned near the end of a cul-de-sac, the property offers a peaceful setting with minimal through traffic while still providing convenient access to all that Eagle Bay has to offer. Whether you're envisioning a full-time residence, relaxing lake getaway, or investment property, this spacious homesite gives you room to create something truly special.
Eagle Bay residents enjoy access to the community's impressive lake amenities, including a private boat ramp, marina area with boat slips available for lease, lakeside beach, picnic areas, and fire pits--making it easy to spend your days boating, kayaking, fishing, or simply enjoying the beauty of Watauga Lake.
The community features paved roads along with underground utilities and fiber internet availability, combining the serenity of mountain living with modern-day convenience. Short-term rentals are permitted within the community, adding flexibility for buyers looking for both personal enjoyment and investment potential.
Surrounded by the natural beauty of Watauga Lake and the Cherokee National Forest, Eagle Bay offers easy access to hiking, boating, fishing, nearby wineries, the Appalachian Trail, and the ski slopes of Western North Carolina. Boone, NC and Johnson City, TN are also within convenient driving distance for shopping, dining, entertainment, and additional amenities.
With 2.78 acres, a flat and highly usable building site, a quiet location near a cul-de-sac, and access to one of Watauga Lake's premier gated communities, this property offers a combination that can be difficult to find in the mountains.
Bring your house plans and start creating your own piece of East Tennessee paradise at Eagle Bay on Watauga Lake.
Buyer/Buyer's Agent to verify all information.
Lot/land
$89,000
35 Cowan Town Rd #35, Butler, TN 37640
--beds
0baths
2.78Acres
Land
Built in ----
2.78 Acres Lot
$-- Zestimate®
$--/sqft
$200/mo HOA
What's special
Spacious homesiteUnderground utilitiesCommunity features paved roads
- 10 hours
- 15
- 1
Zillow last checked:
Listing updated:
Listed by:
Allison Eastridge 423-213-6547,
Coldwell Banker Security Real Estate 423-282-2595
Source: TVRMLS,MLS#: 10000340
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Lake Privileges
Lot
- Size: 2.78 Acres
- Dimensions: 2.78 Acres
- Features: Level, Sloped, Wooded
Details
- Parcel number: 097 106.00
- Zoning: Residential
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Electricity Available, Underground Utilities
Community & HOA
Community
- Subdivision: Eagle Bay
HOA
- Has HOA: Yes
- HOA fee: $2,400 annually
Location
- Region: Butler
Financial & listing details
- Date on market: 9/1/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $89,000 |
Source: TVRMLS #10000340 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 37640
Nearby schools
Schools provided by the listing agent
- Elementary: Doe
- Middle: Johnson Co
- High: Johnson Co
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






