23617 Indian Divide Cv, Spicewood, TX 78669

Very motivated seller! Incredible waterfront opportunity! Experience luxury Hill Country living at an exceptional value in this private 2.5-acre waterfront estate. Exceptional waterfront opportunity on the Pedernales River! This stunning Mediterranean estate offers luxury, privacy, and incredible value in one of the area’s most sought-after communities. Featuring 5 bedrooms, a wine cellar, resort-style pool, and two primary suites, the home is designed for both everyday comfort and elevated entertaining. A newly constructed private boat dock provides direct river access, perfect for relaxing, kayaking, or enjoying the natural beauty of the Hill Country. Situated at the end of a quiet cul-de-sac, a private drive leads to this secluded retreat set on 2.5 acres of beautifully landscaped grounds. Enjoy poolside gatherings, then take a short walk down to the water for peaceful sunset views. The expansive acreage offers a rare sense of space and exclusivity while still being conveniently located near Lake Travis amenities. Located minutes from the future Highland Lakes High School, this property blends a serene, ranch-style setting with access to top-tier schools. Priced to reflect an outstanding opportunity, this home delivers exceptional value for waterfront living with acreage, privacy, and premium features—making it as smart an investment as it is a beautiful place to call home.

The Pedernales River stretches 2.55 acres below 23617 Indian Divide Cv in Spicewood, and from the moment you approach this Mediterranean estate at the end of a quiet cul-de-sac, the panoramic water views command every sightline. The home is positioned to capture river vistas from multiple angles, turning what could have been a standard Hill Country residence into a property where the landscape becomes part of your daily living experience. At 3,965 square feet across five bedrooms and 4.5 baths, the architecture frames those views through extensive glass and multiple decks that extend the living space outward.

The floor plan follows the philosophy that views should be lived in, not just observed. An open layout connects the kitchen, breakfast bar, and primary living areas with sight lines that pull your eye consistently toward the water. Granite counters, stainless steel appliances including a gas cooktop and double oven, and a kitchen island serve as the functional heart, but the real centerpiece is the expansive view corridor. High ceilings amplify this effect, making interior spaces feel connected to the landscape beyond. Crown molding and recessed lighting provide finishing details that don't compete with the vista but support it.

The exterior spaces are where this property reveals its true character. A resort-style pool sits on the gentle slope of the property, positioned to capture afternoon light and river visibility. From poolside, the landscaped grounds descend toward a newly constructed private boat dock on the Pedernales River, giving you direct water access for kayaking, boating, or simply watching sunsets. Multiple covered patios and a balcony provide staged outdoor living at different elevations, each with its own relationship to the view. A gas grill and barbecue station support the entertaining lifestyle this home was designed for.

At $1.25M or $315 per square foot, this represents uncommon value for waterfront acreage in the Lake Travis ISD area. The property sits in Paleface Ranch, minutes from West Cypress Hills Elementary, Lake Travis Middle, and Lake Travis High School, all well-rated within one of Texas' strongest school districts. The private drive, moderate tree coverage, and secluded location on this cul-de-sac create the rare combination of complete privacy while maintaining reasonable proximity to Hill Country amenities and Austin employment corridors.

Living here means owning a vantage point. The Pedernales River and its 2.55 acres become your private wilderness, accessible from your pool deck and visible from your kitchen. This is waterfront Hill Country living with real acreage, not a weekend getaway but a primary residence built for those who refuse to choose between view and space.