Active
121,096 Lot Size2.78 Acres

35 Cowan Town Rd, Unit 35, Butler, TN 37640

Est: $2,969/moGet pre-approved
LandProperty Type
2.78 acresLot Size
$2,400/moHOA Fees

Description

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...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.
36 days on Market
  • Listed by: Allison Eastridge • Coldwell Banker Security Real Estate
Last updated: 10/01/2026 04:49 PM • Source: Tennessee Virginia Regional MLS, MLS#: 10000340
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Location

Listing Courtesy of Coldwell Banker Security Real Estate, Allison Eastridge (423.213.6547)
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$2,969 per month

30 year fixed, 7.03% Interest

Principal and Interest

$475

Property Taxes

$94

HOA Dues

$2,400

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Property Information for 35 Cowan Town Road, Unit 35

Property Details

  • Taxes: $1,125 / year
  • MLS Type: Land
  • View: Mountain(s)
  • Waterfront Features: Lake Privileges
  • Zoning: Residential
  • Subdivision: Eagle Bay

Building Information

  • Lot Size: 2.78 AC

Summary

Location and General Information
  • City: Butler
  • County: Johnson
  • Directions: From US-321, take Greggs Branch Rd approx. 9.8 mi. Turn right on Buntontown Rd for 1.4 mi, then right on Cowan Town Rd. Eagle Bay gated entrance is on right. Enter on Eagle Ridge Pkwy, continue uphill, take first left on Golden Eagle Trail. Lot 35 is on left. See sign.
  • Latitude: 36.30
  • Longitude: -81.95
  • Postal Code: 37640
  • State Or Province: TN
  • MLS Area Major: 316 - Mtn. City/Johnson County
  • MLS Area Minor: 316 - Mtn. City/Johnson County
  • Road Surface Type: Paved
  • General Property Description : Zoning: Residential
Taxes and HOA Information
  • Association Fee Frequency: Annually
  • Association: Yes
  • Parcel Number: 097 106.00
  • Association Fee: 2400.0
  • Location Tax Legal Info : Deed Book: 217
  • Location Tax Legal Info : Deed Page: 791
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,125.44
  • General Property Description : HOA Fee: $2,400.00
School Information
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co
  • Elementary School: Doe

Property

Lot Information
  • Lot Size Dimensions: 2.78 Acres
  • Lot Size Square Feet: 121,097.00
  • Lot Size Acres: 2.78
  • Lot Features: Level, Sloped, Wooded
  • Lot Size Area: 2.78
  • Lot Size Units: Acres
  • General Property Description : Acres: 2.78
  • General Property Description : Road Frontage Length: 153.00
Property and Assessments
  • Property Condition: Average
  • Property Type: Land
  • Property Type Label: Land
  • New Construction: No
  • Info Available : Building Restrictions: Yes
Utilities
  • Utilities: Electricity Available, Underground Utilities
  • Sewer: None
  • Water Source: None

Interior and Exterior Features

Interior Features
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00

Multi Family

Multi-Family Information
  • Location Tax Legal Info : Unit #: 35

Property History for 35 Cowan Town Road, Unit 35

DateEvent & SourcePriceAppreciation
Sep 1, 2026

Listed (Active)

Tennessee Virginia Regional MLS #10000340

$89,000—
Mar 25, 2023

Withdrawn

Tennessee Virginia Regional MLS #9949356

$125,000—
Mar 15, 2023

Listed (Active)

Tennessee Virginia Regional MLS #9949356

$125,000—
DateEvent & SourcePrice
09/01/2026

Listed (Active)

Tennessee Virginia Regional MLS #10000340

$89,000
03/25/2023

Withdrawn

Tennessee Virginia Regional MLS #9949356

$125,000
03/15/2023

Listed (Active)

Tennessee Virginia Regional MLS #9949356

$125,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 35 Cowan Town Road, Unit 35

This home is within Johnson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Doe Elementary School
PublicPK to 6

Johnson County Middle School
Public7 to 8

Johnson County High School
Public9 to 12

Roan Creek Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Acres

35 Cowan Town Road, Unit 35 is a 2.78 ac of land for sale in Butler, TN 37640. This property was listed for sale on September 1, 2026 by Coldwell Banker Security Real Estate, it's currently listed at $89,000. This listing's school district is Johnson County School District. Nearby schools include Doe Elementary School, Johnson County Middle School and Johnson County High School. 35 Cowan Town Road, Unit 35 is a 0-bed, 0-bath 2.78 ac of land on a 121,096 sq. ft. / 2.78 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Security Real Estate, Allison Eastridge (423.213.6547)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 10/01/2026 04:49 PM