$240,000
Butler, TN 37640
MLS# 9994942

1 / 1
Property Description
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 vantage 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.
Details
Maps
Location, Tax & Legal Info
Lot #: 16
Parcel ID: 097 084.00
Deed Book #: 217
Deed Page #: 725
City Taxes: 0
County Taxes: 459.68
Contract Info
List Price/Acre: 252631.58
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 240000
Current Price: $240,000
Listing Date: 2026-05-05
General Property Description
Road Frontage Length: 67211
Acres: 0.95
Lot Size: 41,382
Lot Size SqFt: 41382
Zoning: Residential
Elementary School: Doe
Middle School: Johnson Co
High School: Johnson Co
HOA Y/N: Yes
HOA Fee: 2400
Association Fee Frequency: Annually
Remarks & Misc
Public Remarks: 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 vantage 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.
Directions: 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
Property Condition
Above Average: 1
Land Type
Lot/Tract: 1
Residential: 1
See Remarks: 1
Lot Features
Rolling Slope: 1
See Remarks: 1
Other Features
See Remarks: 1
Road Access
Private Road: 1
Road Surface Type
Paved: 1
View
Mountain(s): 1
Water: 1
Info Available
Aerial: 1
Building Restrictions: 1
Covenant: 1
Deed Restrictions: 1
See Remarks: 1
Utilities
Electricity Available: 1
Fiber Available: 1
Underground Utilities: 1
See Remarks: 1
Permitted
Modular: 1
Site Built: 1
See Remarks: 1
Water
Well: 1
Sewer
Septic Tank: 1
Access/Trans
Private Maintained Road: 1
Topography/Lot Description
Cleared: 1
See Remarks: 1
Easements
See Remarks: 1
Waterfront Features
Lake Privileges: 1
Location Tax Legal Info
Street #: Tbd
Street Name: Cowan Town & Eagle Ridge Pkwy
St Suffix: Road
County: Johnson
State/Province: TN
Zip Code: 37640
Area: 316 - Mtn. City/Johnson County
Subdivision: Eagle Bay
Property Features
Property Condition: Above Average
Land Type: Lot/Tract; Residential; See Remarks
Lot Features: Rolling Slope; See Remarks
Other Features: See Remarks
Road Access: Private Road
Road Surface Type: Paved
View: Mountain(s); Water
Info Available: Aerial; Building Restrictions; Covenant; Deed Restrictions; See Remarks
Permitted: Modular; Site Built; See Remarks
Water: Well
Sewer: Septic Tank
Easements: See Remarks
Utilities: Electricity Available; Fiber Available; Underground Utilities; See Remarks
Waterfront Features: Lake Privileges
Listing Office: KW Johnson City
Last Updated: May - 06 - 2026
Information deemed reliable but not guaranteed.