1231 Lake Shore DR, Spicewood, TX 78669

The LAKE IS UP & THE PRICE HAS DROPPED! CUSTOM waterfront residence, high-end weekender, or an INCOME GENERATING short term rental! Perched up high with views for miles, and easily out of the 100-year flood plain. Built by Bentley Custom Homes for the business owner/builder. Custom-built boat dock with storage, boat lift & Jet Ski ramps convey with accepted offer! The open living/dining area features walls of windows to highlight the views & flows out to the expansive covered deck through sliding doors. A 2nd living space/game room features 2 additional covered decks for ample outdoor living & entertaining. The master suite features a vaulted ceiling, built in desk & cabinetry, oversized spa-like bath, and huge closet with built ins. Enjoy fairway views of the Loraloma Golf Course on the bluff across the water from the master suite balcony. This location is one of the BEST areas of Lake Travis for water sports. No docks across the way, an extended gangway & topography that reaches out furthest toward the center of the channel are huge benefits. Buyers have the 1st right of refusal for a 1-AC vacant lot adjacent, & a 2 AC parcel facing the garage. FROR for the boat & jet ski too! 1.8% tax rate, voluntary $75/annual HOA, Lake Travis ISD, & the ability to expand your compound, put in a pool, or build to suit. Call/text to see - a bit of notice may be needed if home is occupied.

The waterfront estate at 1231 Lake Shore Drive in Spicewood commands views across Lake Travis from an elevated perch that feels miles removed from the city, yet sits within the Lake Travis Independent School District and minutes from Austin's major employment corridors. Built in 2007 by Bentley Custom Homes for the builder's own family, this 3,266 square foot residence on 0.8937 acres sits well above the 100-year flood plain, a critical advantage for lakefront property in Travis County.

The home's layout prioritizes seclusion within social space. The main level opens through walls of windows and sliding glass doors to an expansive covered deck overlooking the lake. A second living area functions as a game room with two additional covered decks, allowing family and guests to inhabit separate zones during gatherings. The primary bedroom suite features its own private balcony with panoramic views, while a second primary suite provides additional privacy. Granite and stone counters, recessed lighting, an open floor plan with multiple dining areas, and a kitchen island with built-in range anchor the interior.

What truly distinguishes this property is the water access. The lot was selected specifically for its positioning on Lake Travis, lacking opposing docks and featuring topography that extends furthest toward the center channel. A private boat dock with lift and slip comes with the sale, along with a boat ramp accessible from the property. This infrastructure supports serious water sports enthusiasts without the crowding found in shallower coves.

The setting itself combines large specimen trees over 40 feet tall with gentle lot sloping that creates natural privacy. The cleared land surrounding the home offers flexibility for expansion, pool installation, or development of the adjacent 1-acre and 2-acre vacant lots available with right of first refusal.

Lake Travis ISD serves the property, with West Cypress Hills Elementary, Lake Travis Middle School, and Lake Travis High School handling K-12 education. The 1.8% property tax rate and voluntary $75 annual HOA fees keep carrying costs modest for a waterfront residence of this caliber and position.

At $589 per square foot, the property prices well for a lake-privileged compound with the infrastructure and views already installed. This becomes the foundation for a lifestyle centered on water, privacy, and space.