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Lot/land
Price cut: $3K (8/28)
$146,900

60 Cowan Town Rd, Butler, TN 37640

--beds
0baths
1.14Acres
Land
Built in ----
1.14 Acres Lot
$-- Zestimate®
$--/sqft
$200/mo HOA

What's special

Some lots you have to imagine. This one, you just stand on. Lot 60 offers one of the most captivating views in Eagle Bay -- a spectacular cleared building site delivering unobstructed panoramic vistas of Watauga Lake and the surrounding Appalachian Mountains. Sitting at 2,200+ feet elevation, this premium 1.14-acre homesite presents a wide, elevated panorama with a dramatic rock bluff framing the far shore and layered Blue Ridge foothills rolling endlessly beyond. Rolling green pastures and lakeside homes dot the opposite shoreline, giving the scene that rare East Tennessee signature of mountains, water, and pastoral farmland all in one frame. The neighboring marina sits just below, making lake access minutes-quick from your future front porch. This cleared, build-ready homesite has already done the hard work for you. The thoughtfully cleared and graded terrain showcases multiple optimal home sites with varied topography -- from level areas to gentle rolling slopes -- allowing creative architectural placement that captures sunset and lake views off the front porch and serene mountain vistas off the back. The gentle-to-moderate slope is ideal for a walkout basement design or a tiered mountain home that captures the vista from every level. Paved community road frontage sits right at the lot line -- no long private driveway to build, no access questions to solve. Already in place: cleared building site with multiple placement options, paved community-maintained road directly at the lot, underground utilities throughout Eagle Bay (no power lines in your view), and electricity and high-speed fiber internet at the lot. Eagle Bay is a premier gated lakefront community offering residents exclusive amenities including a private marina with boat slips available for lease, private boat ramp access, a lakeside beach area with fire pits and picnic spots, and maintained paved roads throughout. Meticulously maintained with underground utilities and fiber internet, Eagle Bay delivers modern connectivity while preserving the natural mountain aesthetic. Built for people who want Watauga Lake as part of daily life -- one of the highest-elevation, clearest lakes in the TVA chain, surrounded by the Cherokee National Forest -- boating, paddleboarding, swimming, and world-class trout fishing on the Watauga tailwaters all start minutes from Lot 60. Flexible building options: site-built and approved modular homes welcome (1,200 sq ft minimum). Horses and ATVs permitted. Short-term rentals allowed, making this an excellent investment opportunity as well as a primary residence, second home, or legacy family retreat. Located in desirable Johnson County with world-class outdoor recreation at your doorstep: 8 minutes to Watauga Lake Mercantile Country Store & Restaurant, 10 minutes to Villa Nove Vineyards, 20 minutes to supermarkets and pharmacies in Mountain City, 30-40 minutes to Watauga Medical Center (UNC Health) in Boone, 35-40 minutes to Boone, NC for shopping, dining, and Appalachian State University, 38 minutes to Beech Mountain and Sugar Mountain ski resorts, and within 90 minutes of Johnson City, Tri-Cities Airport, Bristol Motor Speedway, the legendary Appalachian Trail, and the historic Virginia Creeper Trail. Tennessee offers no state income tax -- a meaningful advantage for retirees, remote workers, and second-home buyers. Whether you're envisioning a luxury mountain estate, cozy lakeside cabin, or recreational retreat, this exceptional lot provides the perfect canvas. The cleared site eliminates the guesswork and expense of lot preparation while preserving the dramatic elevation and commanding views that make Eagle Bay so sought-after -- so you can focus on designing your dream home to maximize the stunning scenery. Buyer/Buyer's Agent to verify all information.
144 days
113
7

Zillow last checked:

Listing updated:

Listed by:

Donaven Braun 423-525-9252,

Fathom Realty 888-455-6040

Source: TVRMLS,MLS#: 9994148

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: Mountain(s), Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake Privileges
    Lot
    • Size: 1.14 Acres
    • Features: Level, Mountainous, Rolling Slope, Sloped, Cleared
    Details
    • Parcel number: 097 128.00
    • Zoning: Residential

    Utilities & green energy

    • Sewer: Private Sewer, 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: $2,400 annually
    Location
    • Region: Butler

    Financial & listing details

    • Date on market: 4/20/2026
    • Electric utility on property: Yes
    • Road surface type: Paved

      Estimated market value

      Not available

      Estimated sales range

      Not available

      Not available

      Price history

      DateEventPrice
      8/28/2026Price change$146,900-2%
      Source: TVRMLS #9994148 Report a problem
      8/13/2026Price change$149,900-2%
      Source: TVRMLS #9994148 Report a problem
      7/31/2026Price change$152,900-3.8%
      Source: TVRMLS #9994148 Report a problem
      6/26/2026Price change$158,900-4.2%
      Source: TVRMLS #9994148 Report a problem
      5/30/2026Price change$165,900-4%
      Source: TVRMLS #9994148 Report a problem
      5/1/2026Price change$172,900-3.9%
      Source: TVRMLS #9994148 Report a problem
      4/20/2026Listed for sale$179,900
      Source: TVRMLS #9994148 Report a problem

      Public tax history

      Tax history is unavailable.

      Monthly payment

      Estimated monthly payment$1,822
      All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
      HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
      See how much you could borrow to make a competitive offer.

      Climate risks

      Neighborhood: 37640

      Getting around

      0 / 100
      Car-Dependent

      Nearby schools

      GreatSchools rating
      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.

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