Discover one of the premier homesites in the gated community of Eagle Bay, where mountain living, lake recreation, and modern conveniences come together to create the perfect East Tennessee retreat. Lot 68 offers a beautiful blend of serene lake, pastoral, and mountain views with paved road frontage, underground utilities, public water, fiber optic internet, and an exceptional setting for your dream home or vacation getaway. Eagle Bay residents enjoy outstanding community amenities, including a gated entrance, a lakefront common beach area with fire pits and grills, a private boat ramp, and covered boat slips available for lease--making it easy to spend your days enjoying beautiful Watauga Lake. Short-term rentals are permitted, offering excellent potential for both personal enjoyment and investment. Ideally located just minutes from some of the area's most popular destinations, you'll enjoy convenient access to Watauga Lake Winery, Villa Nove Vineyards, Watauga Lake Mercantile, the Appalachian Trail, Doe Mountain Recreation Area, and endless opportunities for boating, fishing, hiking, mountain biking, and exploring the natural beauty of the region. Recognized as one of the cleanest and most beautiful lakes in the country, Watauga Lake features more than 180 miles of pristine shoreline, with nearly half protected by the Cherokee National Forest, preserving the area's unspoiled beauty for generations to come. Whether you're searching for a full-time residence, mountain retreat, or investment opportunity, Lot 68 offers the ideal place to experience the very best of East Tennessee lake and mountain living.
Lot/land
$329,000
Lot 68 Cowan Town Road, Butler, TN 37640
--beds
--baths
2.69Acres
Unimproved Land
Built in ----
2.69 Acres Lot
$-- Zestimate®
$--/sqft
$200/mo HOA
What's special
Mountain livingLake recreationPaved road frontage
- 46 days
- 116
- 1
Zillow last checked:
Listing updated:
Listed by:
Jessica Auten 828-406-2937,
Premier Sotheby's International Realty- Banner Elk 828-898-5022
Source: High Country AOR,MLS#: 263631
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Long Range, Mountain(s), Pasture, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Privileges
Lot
- Size: 2.69 Acres
- Features: Rolling Slope
- Topography: Rolling
Details
- Parcel number: 097 078.00
Utilities & green energy
- Sewer: Not Connected, Septic Needed
- Water: Public
- Utilities for property: Underground Utilities, Cable Available, High Speed Internet Available, Water Available
Community & HOA
Community
- Features: Gated, Lake, Long Term Rental Allowed, Short Term Rental Allowed
- Subdivision: Eagle Bay at Watauga Lake
HOA
- Has HOA: Yes
- HOA fee: $2,400 annually
Location
- Region: Butler
Financial & listing details
- Annual tax amount: $1,091
- Date on market: 8/6/2026
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $329,000+10% |
Source: | ||
| 3/31/2026 | Listing removed | $299,000 |
Source: TVRMLS #9981559 Report a problem | ||
| 6/12/2025 | Listed for sale | $299,000 |
Source: TVRMLS #9981559 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: TN
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







