1013 Lake Shore Dr, Spicewood, TX 78669

An exceptional opportunity along the Pedernales River arm of Lake Travis, three and a half contiguous legal lots totaling approximately 4.928 acres of deep water frontage at 1013, 1015, and 1017 Lakeshore Drive. Ideal for a private waterfront estate, multi home compound, or long term investment in one of the Hill Country’s fastest growing luxury corridors. Lot 71 (1019 Lakeshore Drive MLS #4661917) adjacent also avalible for sale.

Gently sloping and highly buildable, the property offers a large footprint with unique width that expands as it approaches the shoreline, creating broader views, enhanced privacy, and a more expansive waterfront presence than many neighboring lots. A topography and tree survey is available. Mature oak and cypress trees complement the natural Hill Country setting.

Located approximately one mile from the Lake Travis main basin, the property enjoys deep water and approximately 251 feet of frontage at the 680 foot contour line. Two private boat docks with three total slips provide immediate access to boating and recreation. All homesites sit above the 724 foot elevation, supporting strong buildability and long range, unobstructed views of the Pedernales River bluffs and across to the Loraloma luxury community within Thomas Ranch, featuring the David McLay Kidd designed golf course.

Nearby, Travis Club is completing its Beau Welling designed golf course and building luxury residences, while Thomas Ranch continues development of its 2,200 acre master planned community with residential villages, trails, and retail. This Highway 71 corridor near Spicewood is rapidly transforming with high end amenities and luxury home growth.

A rare chance to secure multiple deep water lots in a thriving waterfront enclave. Ask about the newly completed LCRA Arbuckle Reservoir and its positive impact on long term Highland Lakes water supply support.

Deep waterfront land is the defining advantage here, and 1013 Lake Shore Dr stands out because it combines that access with nearly 4.928 acres across multiple adjacent lots in Spicewood. In a Lake Travis market where shoreline parcels are often constrained by width, topography, or usable building area, this offering creates a different profile with three and a half contiguous legal lots, a broad footprint, and a site that widens toward the water. That matters for privacy, view control, and how a future owner can position a primary residence, guest structures, or a multi-home compound over time. The location also carries a practical advantage for buyers focused on school path, with Lake Travis ISD and schools including West Cypress Hills and Lake Travis High School.

The land itself reads as highly usable. The site is described as gently sloping and highly buildable, with all homesites above the 724 foot elevation. It totals approximately 4.928 acres and includes about 251 feet of frontage at the 680 foot contour line along the Pedernales River arm of Lake Travis, roughly one mile from the main basin. That combination points to deep water conditions and a shoreline presence that is harder to find as available waterfront inventory tightens. Two private boat docks with three total slips add immediate utility, which is a meaningful distinction for waterfront buyers who want direct lake access from day one rather than a long permitting process after closing.

The setting also supports long-term land value. Mature oak and cypress trees reinforce the Hill Country character without changing the basic investment case, which is that this is a large, waterfront holding in a section of Spicewood that is seeing sustained luxury growth. The remarks identify nearby momentum from the Highway 71 corridor, with Loraloma within Thomas Ranch and Travis Club both contributing new high-end residential and golf development in the broader area. That kind of surrounding capital investment does not replace waterfront scarcity, but it does strengthen the case for future demand.

At $1.29M with 179 days on market, this is not a finished house being judged on interior trends or dated selections. It is a land position. Buyers should view it through the lens that matters most in this segment: acreage, frontage, buildability, dock access, school district, and the ability to control a substantial stretch of waterfront in Spicewood for either immediate development or long-range hold.