lot 24 Cowan Town Rd, Unit 24

$285,000
Price
205,603 / 4.72
Lot Size / Acres

Description

This is the one you've been waiting for. Lot 24 in Eagle Bay offers jaw-dropping, panoramic views of Watauga Lake both up and down the Watauga River — some of the best views in the entire community with 180-degree long range views. Spanning 4.72 acres, this homesite sits at the perfect elevation to capture long-range lake and mountain vistas, while still offering privacy, tree cover, a buildable footprint, and walking distance to the community dock and marina area. The lot already a septic permit...This is the one you've been waiting for. Lot 24 in Eagle Bay offers jaw-dropping, panoramic views of Watauga Lake both up and down the Watauga River — some of the best views in the entire community with 180-degree long range views. Spanning 4.72 acres, this homesite sits at the perfect elevation to capture long-range lake and mountain vistas, while still offering privacy, tree cover, a buildable footprint, and walking distance to the community dock and marina area. The lot already a septic permit approved for a 4-bedroom home, and there's no required timeframe to build, making it ideal for a future homesite, weekend getaway, or income-producing vacation rental. The lot is already partially cleared at the ideal spot for your homesite. Underground utilities, including high-speed fiber internet, are already at the road and homes are being built in the community as we speak. Eagle Bay is a gated lake-front community with excellent amenities: a private boat ramp, lakeside beach, picnic area, fire pits, and has boat slips available for lease ($3,600/year). HOA dues are $1,500/year. Site-built or approved modular homes welcome (1,200 sq/ft minimum), Short-term rentals allowed, Horses and ATVs permitted, Camping up to 7 days in a 30-day period. With paved roads and dramatic topography, this lot gives you the canvas to design a home that fully embraces the natural beauty of the Watauga Lake area. Whether you're catching sunrise through the trees or gazing at starlight reflected on the water, this is a homesite that delivers true mountain-lake living. Just 37 minutes to Boone, NC, and close to Elizabethton, Mountain City, skiing, hiking, fly fishing, and more. It's also just minutes to Villa Nove Vineyards and the new Tennessee Hills Distillery scheduled to open in fall 2025. Contact your agent to schedule a private tour. Buyer/Buyer's Agent to verify all information.

Property Details for Lot 24 Cowan Town Road, Unit 24

View
Mountain(s), Water
Waterfront Features
Lake Privileges
Waterfront
Yes
Zoning
Residential
Subdivision
Eagle Bay
LISTING UPDATED: 08/13/2025 01:57 PM

Property Details for Lot 24 Cowan Town Road, Unit 24

StatusActive
MLS #9981324
Days on Market201
Taxes$1,691 / year
HOA Fees$1,500 / month
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size4.72 AC
CountyJohnson County

Location

Listing Courtesy of Fathom Realty, Donaven Braun (423.525.9252)
Add your commute

Building Information for Lot 24 Cowan Town Road, Unit 24

Lot Size4.72 AC

Payment Calculator

$3,049 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,408

Property Taxes

$141

HOA Dues

$1,500

The Payment Calculator is for illustrative purposes only.

Property Information for Lot 24 Cowan Town Road, Unit 24

Summary
Location and General Information
  • City: Butler
  • County: Johnson
  • Directions: From Hampton TN, E on US-321 S toward Boone 9.6 mi, R on US-321 toward Boone 9.8 mi, L on Greggs Branch Rd 1.4 mi, R on Buntontown Rd 0.8 mi, R on Cowan Town Rd 0.3 mi, R into Eagle Bay through gates, Lot 24 is on L just after lot 23. There is a 30' easement across lot 25 leading to Lot 24.
  • Latitude: 36.31
  • Longitude: -81.94
  • 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: 097 093.00
  • Association Fee: 1500.0
  • Location Tax Legal Info : Deed Book: 218
  • Location Tax Legal Info : Deed Page: 208
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,691.20
  • General Property Description : HOA Fee: $1,500.00
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: 205,603.20
  • Lot Size Acres: 4.72
  • Lot Features: Level, Mountainous, Rolling Slope, Sloped, Wooded, Cleared
  • Lot Size Area: 4.72
  • Lot Size Units: Acres
  • General Property Description : Acres: 4.72
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 24 Cowan Town Road, Unit 24

DateEvent & SourcePriceAppreciation
Jun 6, 2025

Listed (Active)

Tennessee Virginia Regional MLS #9981324

$285,000
Sep 2, 2024

Expired

Tennessee Virginia Regional MLS #9961597

$334,000
Feb 3, 2024

Listed (Active)

Tennessee Virginia Regional MLS #9961597

$334,000
Dec 31, 2023

Expired

Tennessee Virginia Regional MLS #9942007

$369,500
Aug 11, 2022

Listed (Active)

Tennessee Virginia Regional MLS #9942007

$369,500
DateEvent & SourcePrice
06/06/2025

Listed (Active)

Tennessee Virginia Regional MLS #9981324

$285,000
09/02/2024

Expired

Tennessee Virginia Regional MLS #9961597

$334,000
02/03/2024

Listed (Active)

Tennessee Virginia Regional MLS #9961597

$334,000
12/31/2023

Expired

Tennessee Virginia Regional MLS #9942007

$369,500
08/11/2022

Listed (Active)

Tennessee Virginia Regional MLS #9942007

$369,500

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

Schools near Lot 24 Cowan Town Road, Unit 24

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 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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Lot 24 Cowan Town Road, Unit 24 is a 4.72 ac of land for sale in Butler, TN 37640. This property was listed for sale on June 6, 2025 by Fathom Realty, it's currently listed at $285,000. 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 24 Cowan Town Road, Unit 24 is a 0-bed, 0-bath, 4.72 ac of land on a 205,603 sq. ft. / 4.72 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes 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 2025 MTRMLS, Inc. All Rights Reserved. Last updated: 08/13/2025 01:57 PM