2403 Cherry Lane Active

Kingsland,TX 78639

$ 16500000

- Bed

- Bath

33961 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 33,961 sqft

Price per Sqft $485

Subdivision Fred Wood

MLS Listing ID 20808188

Year Built 2022

Annual Tax Amount $7,222

Lot Size 4.310 Acres

Property Description

Incredible investment opportunity on the constant level Lake LBJ in the Austin Hill Country. Turnkey Operation- management of rentals, reservations, marketing. Amazing opportunity is perfect as a high demand EVENT VENUE for weddings, receptions, corporate retreats, family reunions as well as an income producing vacation rental opportunity. This gated 4+ acres consists of 10 newly constructed modern farmhouse single family homes ranging from 2932 to 3429 square feet with 4 and 5 bedrooms, professionally designed and furnished (5 of 10 are furnished and the others can be). Each sleep 12-15. Several of these were put in the late Spring-summer rental pool and commanded $900-$1,500 per night which was impressive for first time offered. The community features a reg pickle ball court, a covered pavilion with grills, flat screen tv, dining areas, lounging areas, all under the towering oak shade trees and overlooking the lake. The highlights of course are the 8 boat slips and a slip for jet ski's and easy access for kayaking and stand-up paddleboards. Tucked in a cove right off open water makes this a highly desirable and user-friendly watersports haven. Call for your private tour and for analytics.

Location

State TX

County Llano

Zoning Commercial/Residential

Interior

Heating Central,Electric,Fireplace(s)

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Marble,Tile,Wood

Exterior

Utilities Available Electricity Available,Electricity Connected

Waterfront Description Lake Front - Common Area

Roof Type Metal

Building

Lot Description Landscaped,Other,Sprinkler System,Subdivision,Water/Lake View

Foundation Slab

Structure Type Board & Batten Siding

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Aerial Photo

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