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TBD Cowan Town & Eagle Ridge Pkwy Road

Butler, TN 37640
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Acres0.95

Acre(Lot)

Positioned within the gated Eagle Bay community overlooking Watauga Lake, Lot 16 on Eagle Ridge Parkway presents an increasingly rare opportunity to build a custom luxury lake home with both year-round water views and immediate proximity to lake access. Spanning approximately 0.95 acres, this cleared homesite offers a gently rolling contour that naturally accommodates a thoughtfully designed custom build with expansive windows, outdoor entertaining space, and the potential for a walk-out lower level oriented toward the lake. Unlike many mountain and lake lots where views come at the expense of accessibility, this property delivers both. Positioned directly across from community lake access and parking, owners enjoy convenient access to the water while still maintaining an elevated vanta ge point overlooking the lake and surrounding ridgelines. Eagle Bay owners also have access to lease boat slips through Eagle Bay Marina & Beach Club on a first come basis, further enhancing the lake lifestyle experience. The community itself was designed to preserve both long-term value and architectural cohesion, featuring gated entry, paved private roads, underground-style infrastructure planning, and Architectural Control Committee oversight for quality construction standards. Short-term rentals are permitted within the subdivision, creating additional flexibility for second-home ownership or future income-producing potential. Modern conveniences are already available at the road, including electric and fiber connectivity, an increasingly important feature for buyers seeking full-time living, remote work capability, or luxury vacation use. Private well and septic installation allow flexibility in tailoring the homesite and utility layout to the buyer's architectural vision. Located less than an hour from both Johnson City and Boone, Eagle Bay places owners within easy reach of dining, shopping, ski destinations, hiking trails, and Appalachian High Country recreation while still offering the privacy and pace that continue to drive demand around Watauga Lake. Nearby outdoor attractions include boating, paddleboarding, fishing, and convenient access to the Appalachian Trail corridor. For buyers seeking a build ready homesite with protected community standards, strong lifestyle appeal, and long term desirability in one of Northeast Tennessee's most scenic lake markets, Lot 16 offers a compelling foundation for a custom mountain & lake retreat.

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Detail Ic Property Details

Property Type : Land

Price : $240,000

AD Id : 77994814

MLS Id : 9994941

Lot Size : 0.95 Acre(Lot)

County : Johnson

Subdivision: Metes And Bounds

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Feature Features

  • Lot Information

    Lot Dimensions: 41,382 Main Square Feet: 0.95 Acres Lot Size Acres: 0.95 Lot Size Square Feet: 41382 Lot Description: Sloped, Rolling Slope, See Remarks, Cleared, Waterfront

    Property Information

    Subdivision: Eagle Bay Source Property Type: Land MLS Area Minor: 316 - Mtn. City/Johnson County

  • Listing Price Information

    Listing Price: $240000

  • Tax Information

    Parcel Number: 097 084.00

  • Homeowners Association Information
    Has Association: Yes HOA: $2,400.00

  • School Information

    Elementary School: Doe
    Junior High School: Johnson Co
    Senior High School: Johnson Co
  • Utility Information

    Electricity Available
  • Location Information

    Direction: From US-19E S/US-321 S, Turn Left on US-321 S, Travel apprx 9.6 Miles; Turn right onto US-321 S and travel apprx 9.1 miles, Continue on Greggs Branch Rd. Take Buntontown Rd, right on Cowan Town Rd, Right on Eagle Rdg Pkwy, Lot is second on left WaterSource: Private
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
LOT 18 Horseshoe Cove D.., Butler, TN, 37640 $75,000 -- -- -- 1.32 Acres(Lot)
LOT 87 Harbour View Road, Butler, TN, 37640 $150,000 -- -- -- 0.75 Acre(Lot)
Dry Hill Road, Butler, TN, 37640 $1,250,000 -- -- -- 37.38 Acres(Lot)
LOT 28 Eagle Ridge Park.., Butler, TN, 37640 $150,000 -- -- -- 3.20 Acres(Lot)
LOT 75 Summerfield Drive, Butler, TN, 37640 $175,000 -- -- -- 2.62 Acres(Lot)
LOT 16 Tuscanee Lane, Butler, TN, 37640 $237,000 -- -- -- 1.46 Acres(Lot)
LOT 15 Tuscanee Lane, Butler, TN, 37640 $226,000 -- -- -- 3.24 Acres(Lot)
LOT 82 Harbour View Road, Butler, TN, 37640 $219,000 -- -- -- 0.96 Acre(Lot)
TBD Campbell Road, Butler, TN, 37640 $275,000 -- -- -- 0.74 Acre(Lot)
LOT 23 Prairie Overlook.., Butler, TN, 37640 $200,000 -- -- -- 1.14 Acres(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.

ByOwner last updated this listing 07/18/2026 @ 10:07

MLS: 9994941 LISTED BY: Laura Holtsclaw, KW Johnson City 423-433-6500 SOURCE: TennesseeVirginia Regional MLS

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