lot 11 Cowan Town Rd, Unit 11

Butler, TN 37640

$195,000
Price
190,357 / 4.37
Lot Size / Acres
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115a
113 (2)
Lot 11 (3)
116
203
110 (2)
Lot 11 (1)
Lot 11 (4)
Lot 11 (2)
204
Boat Ramp
603
109 (2)
101 (2)
114
112
101
102 (2)
102
103 (2)
103
104 (2)
104
105
106
107
108
109
110
111 (2)
111
113
115
116 (2)
117 (2)
117
601
201
Eagle Bay Sign
Marina Slips
Marina Walkway

Description

Breathtaking mountain and water views await on this exceptional 4.37-acre homesite in the prestigious gated Eagle Bay community on pristine Watauga Lake. Perched at over 2,200 feet in elevation with dramatic terrain rising from roughly 2,046 to 2,339 feet, this wooded parcel delivers the rare combination of generous acreage, true long-range mountain vistas, and deeded lake privileges -- all within one of Northeast Tennessee's most sought-after lakefront communities. From the gentle rolls and sloped...Breathtaking mountain and water views await on this exceptional 4.37-acre homesite in the prestigious gated Eagle Bay community on pristine Watauga Lake. Perched at over 2,200 feet in elevation with dramatic terrain rising from roughly 2,046 to 2,339 feet, this wooded parcel delivers the rare combination of generous acreage, true long-range mountain vistas, and deeded lake privileges -- all within one of Northeast Tennessee's most sought-after lakefront communities. From the gentle rolls and sloped sections of the lot, mature pines and hardwoods frame sweeping views of the surrounding Blue Ridge and Appalachian ridgelines, with Watauga Lake's crystal-clear waters just beyond the tree line. The varied topography creates multiple excellent building sites and lends itself beautifully to a walk-out basement design, allowing your future home to capture panoramic mountain and lake views from multiple levels. Selective clearing will open even more dramatic sightlines while preserving the wooded mountain character that makes this setting so special. Eagle Bay is a premier gated community offering an exceptional lifestyle on Watauga Lake -- known for its 105-plus miles of protected TVA shoreline and some of the cleanest water in the Southeast. Residents enjoy exclusive lake privileges with the community's own private boat ramp and community dock, where slips are available for lease -- no need to haul your boat or drive to a public marina. Thoughtful covenants protect property values and natural beauty, and the gated entrance ensures both security and exclusivity. The community features a mix of stunning mountain-modern and timber-frame homes, and paved private and public roads provide easy year-round access. Underground utilities preserve the unobstructed views, and high-speed fiber internet plus electricity are available at the road. Well and septic are required for development, and septic-suitable soils are present. This property is ideal for a custom mountain home, timber-frame retreat, or modular build. Horses are permitted, camping on your lot is allowed, and short-term rentals are approved -- making this an outstanding investment opportunity as well as a personal retreat. Whether you envision a full-time residence, a weekend escape, a legacy family compound, or a revenue-generating vacation property, this lot delivers. Location is everything, and Eagle Bay is positioned to deliver four-season recreation with urban conveniences within easy reach. You're within an hour of the Appalachian Trail, Virginia Creeper Trail, Cherokee National Forest, Roan Mountain State Park, Sugar Mountain and Beech Mountain skiing, plus charming Boone, NC and historic Mountain City, TN. Elizabethton is just down the road. Within 90 minutes you'll reach Johnson City, the Tri-Cities Regional Airport, Bristol Motor Speedway, and the full medical facilities at Johnson City Medical Center. Asheville, Knoxville, and the Great Smoky Mountains are all within comfortable day-trip distance. Spring wildflowers, summer lake days, spectacular fall foliage, and quiet snowy winters with long mountain views -- this is four-season mountain living at its finest. Spectacular views, lake access, gated community amenities, and proximity to world-class outdoor recreation combine to make this one of the most compelling opportunities in the Watauga Lake region. Bring your builder and your vision. Homesites like this in established Watauga Lake communities are becoming increasingly rare. Schedule your private showing today and walk the land -- you'll feel the magic the moment you arrive. Buyer and Buyer's Agent to verify all information.
  1. Listed by Donaven Braun • Fathom Realty

Property Details for Lot 11 Cowan Town Road, Unit 11

View
Mountain(s), Water
Waterfront Features
Lake Privileges
Waterfront
Yes
Zoning
Residential
Subdivision
Eagle Bay
LISTING UPDATED: 06/18/2026 10:40 AM

Property Details for Lot 11 Cowan Town Road, Unit 11

StatusActive
MLS #9994269
Days on Market71
Taxes$1,594 / year
HOA Fees$2,400 / month
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size4.37 AC
CountyJohnson County
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Location

Listing Courtesy of Fathom Realty, Donaven Braun (423.525.9252)
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Building Information for Lot 11 Cowan Town Road, Unit 11

Lot Size4.37 AC

Payment Calculator

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$3,505 per month

30 year fixed, 6.36% Interest

Principal and Interest

$972

Property Taxes

$133

HOA Dues

$2,400

The Payment Calculator is for illustrative purposes only.

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Property Information for Lot 11 Cowan Town Road, Unit 11

Summary
Location and General Information
  • City: Butler
  • County: Johnson
  • Directions: Take E Elk Ave to US-19E S/US-321 S Follow US-321 S to Greggs Branch Rd in Johnson County Continue on Greggs Branch Rd. Take Buntontown Rd. turn R onto Cowan Town Rd. Eagle Bay Pkwy is on the R
  • Latitude: 36.31
  • 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 Frontage Type: 2 Lane Road, Private Road
  • Road Surface Type: Paved
  • General Property Description : Zoning: Residential
Taxes and HOA Information
  • Association Fee Frequency: Annually
  • Association: Yes
  • Parcel Number: 097 138.00
  • Association Fee: 2400.0
  • Location Tax Legal Info : Deed Book: 218
  • Location Tax Legal Info : Deed Page: 708
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,593.96
  • 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: See acres
  • Lot Size Square Feet: 190,357.20
  • Lot Size Acres: 4.37
  • Lot Features: Mountainous, Rolling Slope, Sloped, Wooded
  • Lot Size Area: 4.37
  • Lot Size Units: Acres
  • General Property Description : Acres: 4.37
Property and Assessments
  • Property Condition: Above Average
  • Property Type: Land
  • Property Type Label: Land
  • New Construction: No
  • AccessTrans : Public Maintained Road: Yes
  • AccessTrans : Private Maintained Road: Yes
  • Easements : Utility Easement: Yes
  • Info Available : Deed Restrictions: Yes
  • Info Available : Building Restrictions: Yes
  • Land Type : LotTract: Yes
  • Land Type : Residential: Yes
  • Road Access : 2 Lane Road: Yes
  • Road Access : Private Road: Yes
  • Showing Instructions : Vacant: Yes
Utilities
  • Utilities: Fiber Available, Electricity Available, Underground Utilities
  • Sewer: Septic Tank, None
  • Water Source: Private, Well, None
Interior and Exterior Features
Interior Features
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00

Property History for Lot 11 Cowan Town Road, Unit 11

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Price Change

Tennessee Virginia Regional MLS #9994269

$195,000—
May 21, 2026

Price Change

Tennessee Virginia Regional MLS #9994269

$197,000—
Apr 22, 2026

Listed (Active)

Tennessee Virginia Regional MLS #9994269

$199,000—
DateEvent & SourcePrice
06/18/2026

Price Change

Tennessee Virginia Regional MLS #9994269

$195,000
05/21/2026

Price Change

Tennessee Virginia Regional MLS #9994269

$197,000
04/22/2026

Listed (Active)

Tennessee Virginia Regional MLS #9994269

$199,000

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

Schools near Lot 11 Cowan Town Road, Unit 11

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

Johnson Co Middle School
Public7 to 8

Johnson Co 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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More information about Lot 11 Cowan Town Road, Unit 11, Butler, TN 37640

Lot 11 Cowan Town Road, Unit 11 is a 4.37 ac of land for sale in Butler, TN 37640. This property was listed for sale on April 22, 2026 by Fathom Realty, it's currently listed at $195,000. This listing's school district is Johnson County School District. Nearby schools include Doe Elementary School, Johnson Co Middle School and Johnson Co High School. Lot 11 Cowan Town Road, Unit 11 is a 0-bed, 0-bath, 4.37 ac of land on a 190,357 sq. ft. / 4.37 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 Fathom Realty, Donaven Braun (423.525.9252)

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: 06/18/2026 10:40 AM